Mangerial Accounting Corporate Finance Financial Economics

- Achieve working knowledge of how to use the following valuation techniques: Discounted Cash Flow models, trading, transaction and historical multiples (P/E ratio, P/B, FV/EBITDA, etc.). - Understand the relationships between valuation techniques and the implicit assumptions tying them all together. - Understand the key drivers behind value creation: returns, growth profiles and risk. - Identify the structural parameters that determine the relationships between risk and returns in a business. - Understand the financial consequences of strategic decisions and the strategic consequences of financial choices. - Identify the key sources of uncertainty associated with valuation estimates and approximate a margin of error for valuation models.

The aim of this course is to introduce students to methods that will allow them to identify the key drivers of value creation underlying most operating and financial decisions of the firm. Topics covered include some of the most common valuation methods (DCF, multiples, etc.) as well as introductory lectures on more specialized valuation methods used in corporate transactions such as LBOs and mergers and acquisitions.

This course will be based on lectures and individual and group case discussions. Office hours (for individuals or groups) will be held before and/or after each lecture and at other times by appointment. Use of Artificial Intelligence (AI): The use of AI is allowed but not compulsory. Please be aware that, while AI tools can be useful to enhance your access to information and learning, you should try to take advantage of it to enhance your independent research skills, develop your critical thinking, and make your own assessment of the issues researched. Please also be aware of the reduction in the originality of your arguments and the risk of plagiarism that exists when you overrely on AI tools to generate content.