LEARNING OUTCOMES
After completing this course a student should understand how corporate strategy and operations are linked to corporate valuation, how to select the right valuation model for the task at hand, how to standardize financial statements, forecast financial statements in a spreadsheet program, and perform actual valuation. The student should also be able to fluently interpret, discuss, present, and understand the limitations of valuation results for strategic decision making.
Credits: 6
Schedule: 01.03.2022 - 11.04.2022
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Elias Rantapuska
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Basic concepts of valuation, corporate strategy and operations as a source of value, interpreting and standardizing financial statements, forecasting financial statements, valuation models, empirical issues and special cases in valuation. Case exercises apply all of this knowledge to real-life valuation cases.
Assessment Methods and Criteria
valid for whole curriculum period:
Cases and presentation of a case (35%)
Final valuation group project and its presentation (35%)
Exam (30%)
Workload
valid for whole curriculum period:
Lectures, student-led case sessions, and group valuation project presentation 32 h
Independent work 125 h
Exam 3 h
DETAILS
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
1 No Poverty
8 Decent Work and Economic Growth
9 Industry, Innovation and Infrastructure
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language : English
Teaching Period : 2022-2023 Spring IV
2023-2024 Spring IVEnrollment :
The course is offered to BIZ students only. A maximum of 75 students will be accepted to the course. Students of Aalto Finance B.Sc. Programme and exchange students with Finance specialization at their home university will be admitted to the course. Students re-taking the course (grade already registered) will not be prioritized and can participate only if there are places remaining.
All admitted students must have completed the pre-requisites to be able to fluently complete the course.