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Cases in Valuation and Finance MSB370

This is a case course in finance. The course integrates what has been taught in other finance courses, and applies it to the real-life finance situations. Many of these finance situations will be viewed through a lens of valuation of projects, companies or assets.


Course description for study year 2021-2022. Please note that changes may occur.

Fakta
Emnekode

MSB370

Vekting (SP)

10

Antall semestre

1

Vurderingssemester

Autumn

Undervisningsspråk

English

Tilbys av

UiS Business School

Learning outcome

Knowledge

Upon completion of the course, the candidate will

  •  master the components of valuations, which include estimation of cash flow, growth, cost of capital, horizon value, present value calculations, and ratio analysis.        
  •   recognise how ESG (Environmental, Societal and Governance) factors affect corporations.
  •     identify the value-drivers (from a finance perspective) in a given corporate situtation.

Skills

Upon completion of the course, the candidate will be able to

  • master corporate valuations, performing all the necessary analysis, such as evaluation of a corporation's real investments, financial choices, and strategy.        
  • build spreadsheets evaluating the cash flow consequences of a firm's plans, bringing in data from the corporations's environment as well as the corporate plans.
  • assess annual accounts and analyse them to recognise the cash flows relevant for valuation.
  • question the sensitivity of any decision-relevant estimate  
  • recognise how valuation is an integrated perspective in the field of finance, and the basis for all corporate decisions.
  • ask critical questions about finance-related business situations; use of method, assumptions and calculated value
  • communicate central finance concepts, both written and oral, in business settings
Content
This course integrates what has been taught in other finance courses. This course is a case course, where selected cases are presented and discussed in class. Many of the cases analyze companies through the lens of corporate valuation, but there are also cases where the focus in on alternative finance issues, such as investments, corporate social responsibility, derivatives, securities issuance, mergers and acquisitions.
Required prerequisite knowledge
One of the following alternatives:
MSB309 Corporate Finance
MØA309 Corporate Finance and Governance
Recommended prerequisites
MSB205 Investments, MØA205 Investments
Eksamen / vurdering

Handins of cases in groups and written exam

Vurderingsform Vekting Varighet Karakter Hjelpemiddel
Handins of cases in groups 2/5 A - F
Written exam 3/5 4 Hours A - F Valid calculator.

The resit for the first part of the exam (handins of cases in groups) will be the indiviudual handin of one case. The resit for the second part (written exam) will be one written exam. 

Coursework requirements

This course has 80 % obligatory presence in all case presentations.

The list of cases will be announced at the start of the semester.

Course teacher(s)
Course coordinator: Bernt Arne Ødegaard
Study Program Director: Yuko Onozaka
Method of work
Students will work together in groups of up to three people, which will discuss the cases before class. Some of the cases will be handed in as written case solutions. All cases will be discussed in class. All students need to be present and prepared to participate in the case discussion.
Open for
Master in Accounting and Auditing Business Administration - Master of Science
Course assessment
Students will have the opportunity to give feedback on the course first in an early dialogue, and then in a written course evaluation at the end of the course.
Overlapping courses
Course Reduction (SP)
Cases in Finance (MØA370) 10
Cases in Valuation (MSB370A) 5
Literature
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