GB 827 - Valuation

(3.00 cr.)

Prerequisite: GB 722 . Teaches students to value equity securities, starting with the top-down approach and industry analysis/forecasting. Students examine valuation theory, models and applications under various circumstances such as initial publics offering, corporate restructurings, leverage buyouts, venture capital situations, and closely-held firms. Topics include the discounted cash flow techniques and valuation using alternative valuation techniques such as market-based multiples. Students learn to apply appropriate financial analysis techniques to valuation problems. Emphasis is placed on obtaining the required information necessary for valuation models from financial statements and other sources.