Sample syllabus: 2-Day valuation course for undergraduate or MBA Students
Topic 1: Introduction to Valuation
- The importance of valuation
- Understanding enterprise value and equity value
Topic 2: Comparable Company Analysis
- Selecting comparable companies
- Spreading comparable companies
- Analyzing the valuation multiples
- Concluding and understanding value
Topic 3: Precedent Transactions Analysis
- Selecting comparable transactions
- Spreading comparable transactions
- Concluding value
Topic 4: Discounted Cash Flow (DCF) analysis
- Understanding unlevered free cash flow
- Forecasting free cash flow
- Forecasting terminal value
- Present value and discounting
- Understanding stub periods
- Performing sensitivity analysis
- Weighted Average Cost of Capital (WACC)
- Using the CAPM to estimate the cost of equity
- Estimating the cost of debt
- Understanding and analyzing WACC
Topic 5: Concluding Valuation
- Aggregating the three methodologies
- Concluding value