This course covers the various models available for equity valuation. Included are discussions of the dividend discount model, Porter analysis, DuPont decomposition of ROE, sustainable growth rates, and relative valuation. The major deliverable for this course is a comprehensive analysis of a public company, modeled after the well-known Merck case study. Also required is a complete analysis of a convertible bond. Dates and Requirements Courses meet one evening a week for 11 weeks at IIT's Downtown Campus, just blocks from Union Station and the major exchanges.
Admission requires completion of an undergraduate degree.
The Center is now accepting applications for the Fall Quarter which begins Augusts 28, 2000.