Course description

Business Analysis and Valuation - RESIT EXAMINATION

Introduction

Business analysis and valuation (fundamental analysis) is an important task for research analysts, investment bankers, corporate finance specialists, mergers and acquisitions analysts, venture capitalists, and individual investors. The task is to thoroughly examining information about companies and reaching conclusions about the underlying value that information implies.  

Course content

  1. Introduction to equity security analysis
  2. Recasting financial statements and the economic balance sheet
  3. Prospective Analysis
  4. The dividend valuation model
  5. Valuation using Price Multiples
  6. Valuation  Discounted Cash Flow Models
  7. Cost of Capital Analysis
  8. Valuation using Residual Income Valuation Models (RIV-B and RIV-E)
  9. Valuation and Active Investing
  10. Writing a Valuation Report

Learning outcome knowledge

The objective of this course is to help the student develop the skills necessary to do valuations of companies based on financial information.

Exam organisation

  • Written assignment: 30%
  • Written exam: 70%