Corporate Valuation will be held in blocked form this summer term in the month of April. Hereafter, please find the course's content and schedule. The exam will take place on 19-April-2013. You need not to register for the course but be aware that you have to sign up for the exam in the period 4-February-2013 to 25-March-2013.
Content:
The course Corporate Valuation introduces to prevalent valuation approaches in research and practice. A basic understanding of accounting and finance has to be considered a prerequisite. The course starts with an introduction to occasions of valuation, conceptions of value and the principles of value creation. It deals with investment decisions under certainty and under uncertainty. Moreover, the determination and projection of cash flows as well as the determination of the cost of capital form a vital part of the course. Focus will be on the discounted cash flow approaches (APV, WACC, Equity) and the market valuation approach (multiples). It is the aim of the course that participants will be able to understand and produce corporate valuations in a mergers & acquisitions context. The course will be accomplished by several example calculations and exercises in class, one presentation of a private equity professional as well as one case study session.
Schedule:
Mon, 08.04.2013: 8:30h-11:30h and 12:30h-15:30h, room 1402 (4 x 90min)
Tue, 09.04.2013: 8:30h-11:30h and 12:30h-15:30h, room 1402 (4 x 90min)
Wed, 10.04.2013: 8:30h-11:30h and 12:30h-15:30h, room 1402 (4 x 90min)
Thu, 11.04.2013: 8:30h-11:30h, room 1402 (2 x 90min)
Exam:
Fri, 19.04.2013: 15:30h–16:30h, room N1190