overview

Key Learning Objectives

• Develop practical decision-making processes
• Identify analytical methodology in a variety of decision contexts
• Implementation of valuation analysis
• Implementation of pricing analysis
• The modelling approach required for valuations

About the Course

The course seeks to provide a clear interface between the theory of valuation and pricing on the one hand and the process of practical decision-making on the other.

The course commences with a review of the key building blocks of corporate finance – an understanding of the difference in pricing techniques and valuation techniques, the definition of risk, the components of free cash flow, and the root causes of volatility in corporate cashflows.

The course then goes on to explain the process of a valuation analysis in a transaction without particular complications, followed by a group case-study that ensures that theory can be implemented in a practical context.

Once valuation has been mastered, the attention turns to pricing, and the practical steps required in setting up a pricing model – coupled with several illustrations.

The course will then address the complications of valuation in more complex situations – limited recourse transactions, M&A, private equity, emerging markets, private companies, venture capital, LBOs.

The course will then examine issues of measuring shareholder value and the planning and design of valuation models.

Who Will Benefit

Analysts, bankers, financiers, accountants, general managers, directors, officers, and all others who need to understand how to value projects and deals.

People who need to build models, optimise models and logically interpret external models to improve modelling/ananalysis/financial decision making.