Students will be evaluated on their ability to communicate the economic fundamentals of valuation theory and implementation of these theories in valuation exercises. Classes will be lectures, case study and practical problem solving using the computer labs. Students will be expected to be up to date with the financial press and events relevant to corporate valuations. Principles of Corporate Finance . Brealey and Myers.
Any recent edition is suitable though.
Workshops will comprise lab work on excel spreadsheets to value cash flows and practice practical skills of valuation addressed in lectures. On the weeks when no lab work is set students may use the time to work on their major projects with supervision and assistance in the lab. The cases and project are to be done in groups of 5-7 students maximum. All three cases are to be written up and submitted, however, the case grade will be made up of the two best grades of the three. Case discussion grades will be based on responses to case questions during class discussions.