FINM3005 Corporate Valuation
Later Year Course
| Offered By | School of Finance, Actuarial Studies & Appl Stats |
|---|---|
| Academic Career | Undergraduate |
| Course Subject | Financial Management |
| Offered in | Second Semester, 2010, First Semester, 2011, and Second Semester, 2011 |
| Unit Value | 6 units |
| Course Description |
Corporate Valuation is a "capstone" elective that draws on core corporate finance principles, theories and techniques previously studied. The objective of this course is to have students work in teams to develop and communicate a proposal for an M&A transaction - valuation, structure and financing. The valuation techniques covered in the class will include simple P/E multiple analysis, dividend discount models, and free cash flow analysis. Because of the richness of the approach, most of the focus will be on free cash flow analysis. Students will use current data to make acquisition recommendations about existing companies. While this entails more work and requires significant student initiative, this type of ‘learning by doing' should provide a lasting framework. |
| Learning Outcomes | On completion of this course students should understand and be able to apply the processes and applications outlined in the course description. |
| Indicative Assessment |
Assessment in the course is based on a major project (10%), mid-semester examination (20%) and a final examination (70%). |
| Workload |
At least three contact hours per week plus private study time. |
| Areas of Interest | Finance |
| Requisite Statement |
FINM2001 Corporate Finance |
| Prescribed Texts |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM3005
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| Preliminary Reading |
See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM3005 |
| Indicative Reading List | See Course Website: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM3005 |
| Other Information |
For further information please refer to http://ecocomm.anu.edu.au/courses/course.asp?code=FINM3005 |
| Academic Contact | See: http://ecocomm.anu.edu.au/courses/course.asp?code=FINM3005 |
The information published on the Study at ANU 2010 website applies to the 2010 academic year only. All information provided on this website replaces the information contained in the Study at ANU 2009 website.
