Corporate Valuation and Financial Modeling

Corporate valuation and financial modeling covers a wide range of valuation methodologies used in industry. At the end of the course, students will be able to value a firm or a project. To reach this goal, we will cover the following topics: 1. The free cash flow method for firm valuation 2. Financial statement modeling 3. The appropriate opportunity cost of capital for the FCF 4. Choice of capital structure 5. The relative valuation approach to firm valuation 6. Other approaches: the APV method, the LBO model The course will consist of approximately one-half lecture and one-half in-class case discussions, for which students should prepare carefully. This course is equivalent to Foundations of Valuation and Corporate Finance for MBA students.