040643 SE Seminar: Advanced Topics in Valuation (MA) (2018W)
Continuous assessment of course work
Labels
Registration/Deregistration
Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
- Registration is open from Mo 10.09.2018 09:00 to Th 20.09.2018 12:00
- Deregistration possible until Mo 15.10.2018 23:59
Details
max. 24 participants
Language: English
Lecturers
Classes (iCal) - next class is marked with N
Registration is made personally at Ms. Mirzana Muharemagic.
- Thursday 22.11. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 29.11. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 13.12. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 10.01. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 17.01. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
- Thursday 24.01. 15:00 - 18:15 Seminarraum 6 Oskar-Morgenstern-Platz 1 1.Stock
Information
Aims, contents and method of the course
Assessment and permitted materials
Minimum requirements and assessment criteria
The precondition for the participation is the positive completion of the courses
KU Corporate Finance 1
KU Valuation or
KU Corporate Restructuring
• This course emphasizes both theoretical analysis and practical applications.
• Working language is English.
• Students are required to come to classes, read all cases and actively participate in the discussions.
• There will be 3 case preparations (one non-graded, two graded). Cases must be handed in on time. No credit will be given for late cases.
• You are encouraged to meet in groups to discuss and analyze the cases. In the past, students have found that these groups complement the class discussion well.The evaluation will be based on the following items: in-class participation (10%); case studies (50%) and exam (40%). The case delivered by UNIQA is also part of the assessment. Attendance is COMPULSORY.
The pass grade is 50 %, but you should get at least 50% in each part in order to successfully complete the course.
KU Corporate Finance 1
KU Valuation or
KU Corporate Restructuring
• This course emphasizes both theoretical analysis and practical applications.
• Working language is English.
• Students are required to come to classes, read all cases and actively participate in the discussions.
• There will be 3 case preparations (one non-graded, two graded). Cases must be handed in on time. No credit will be given for late cases.
• You are encouraged to meet in groups to discuss and analyze the cases. In the past, students have found that these groups complement the class discussion well.The evaluation will be based on the following items: in-class participation (10%); case studies (50%) and exam (40%). The case delivered by UNIQA is also part of the assessment. Attendance is COMPULSORY.
The pass grade is 50 %, but you should get at least 50% in each part in order to successfully complete the course.
Examination topics
Reading list
• Lecture Notes. A learning area will be available in the Intranet (Moodle). There, you would find instructions for the sessions, communications, bibliography, etc. Slides of the sessions will also be posted here, always BEFORE the class.
• Investment Valuation, 2nd edition, Aswath Damodaran, 2002 (book, manuscript,lecturenote).
• Valuation, 4th edition, Chapters 5-12, McKinsey & Company, Tim Koller, Marc Goedhart and David Wessels, 2005.
• Valuation: The Art and Science of Corporate Investment Decisions, Sheridan Titman and John Martin, Addison Wesley, 2007
• Investment Valuation, 2nd edition, Aswath Damodaran, 2002 (book, manuscript,lecturenote).
• Valuation, 4th edition, Chapters 5-12, McKinsey & Company, Tim Koller, Marc Goedhart and David Wessels, 2005.
• Valuation: The Art and Science of Corporate Investment Decisions, Sheridan Titman and John Martin, Addison Wesley, 2007
Association in the course directory
Last modified: Mo 07.09.2020 15:29
The course starts out with a short review of the main valuation methods used for non-financial companies. The rest of the course focuses on financial companies.
A guest lecture on valuation of insurance companies (they cannot be valued as non-financials given the different nature of their business) will be delivered by Rene Knapp who is Group Chief Actuary at UNIQA. A case study focused on the insurance industry will form an essential part of the course requirement.
Two lectures delivered by PwC provides insights into the characteristics of banking valuation. Starting with the differences between the valuation of banks and industrial companies, PwC will give an overview on the value drivers of banks and the analysis of the business plan based on past figures.
The course provides you with hands-on experience in valuation. The collaboration with UNIQA and PwC gives a unique opportunity to share and defend your ideas in front of a top management (a skill, which is extremely valuable for your future jobs/interviews).
The course will be a mixture of lectures and case studies.