The aim of this subject is to provide students with an understanding of the drivers and process of valuation. The focus is generally on techniques for valuing projects with an emphasis on company valuation. A range of valuation models is examined, including traditional accounting and finance techniques. A practical appreciation of the underlying theories and tools is achieved through an applied project valuing the takeover target of a firm.
|Faculty||Bond Business School|
1. Demonstrate an understanding and application of a range of cash flow, earnings and other valuation methods.
2. Forecast earnings, cash flows, dividends and the balance sheet for a company from adjusted financial statements.
3. Estimate the parameters to calculate the weighted average cost of capital.
4. Develop an integrated valuation model linking market, benchmark and firm data that assesses the impact of the firm’s value drivers and market trends on the value of a firm.
5. Articulate ideas, decisions, recommendations and other valuation information in a clear, concise writing style appropriate for the intended purpose and audience.
6. Deliver a clear, concise, well-organised presentation summarising a valuation analysis and recommendations.
Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
Assumed Prior Learning (or equivalent):
Must be admitted into an EMBA Program.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.
Future offerings not yet planned.