- Contrôle de gestion [ LLSMF2001 ]
- Corporate Finance [ LLSMS2010 ]
- Fundamental mathematical and statistical concepts (such as those covered in Mathématiques avancées et fondements d'économétrie [ LECGE1337 ])
- Advanced Finance [LLSMS2100A or LLSMS2100B]
This course will focus on valuation of companies and projects. The course will cover the following topics:
- Drivers of corporate value
- How to build valuation models.
- Traditional valuation models (DCF,')
- Real option analysis
Topics related to Corporate Social Responsibility will be covered
On successful completion of this programme, each student will acquire the following skills:
- Knowledge and reasoning: Master an active and integrated command of a multidisciplinary body of knowledge (content, methods, models, conceptual frameworks) essential to act expertly in the various areas of management
- A scientific and systematic approach: Analyze and resolve problems in multidisciplinary and complex management situations using a scientific and systematic approach
- Communication and interpersonal skills: Communicate, converse effectively and convincingly with the stakeholders
The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
You will be evaluated based on three components according to the following weights. The instructor reserves the right to modify the weightings to adjust for more or less material covered during the semester. Two cases are possible
Case A)
- Assignments and midterms exams 50%
- Final written exam 50%
Case A is valid only for the exam session of June
Case B)
- Final exam : 100%
Case B applies (i) in all the sessions after June or (ii) if no participation on the midterm(s) exam(s) and group assignment or (ii) if average between the midterm(s) exam(s) and group assignment below 10/20
In class lectures. Online forums. Teamwork assignments.
- Foundation of Value
- Core Valuation Techniques
- Advanced Valuation techniques
- Real option analysis
- Slides based on the two main reference books of the course
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READINGS : Valuation, Sixth edition, by Koller, Goedhart nad Wessels. Wiley.
Real options in theory and practice, by Guthrie. Oxford University Press.
