FM407 Half Unit
Applied Financial Valuation
This information is for the 2014/15 session.
Teacher responsible
Dr Vicente Cuñat OLD 4.25
Availability
This course is available on the MSc in Finance (full-time), MSc in Finance (part-time), MSc in Finance and Economics, MSc in Finance and Economics (Research) and MSc in Finance and Private Equity. This course is not available as an outside option.
Pre-requisites
Students must have completed Asset Markets (FM423) and Corporate Finance (FM422).
Course content
This course covers advanced topics in Corporate Finance and Valuation and introduces students to valuation techniques for both securities and projects. The first part of the course introduces students to several valuation techniques applied to firms and projects. The second part of the course focuses on particular deals that involve firm valuation, in particular, mergers, divestitures, partial-divestitures (e.g. equity care outs) and leveraged buyouts. The last part of the course provides with a framework of analysis for the resolution of financial distress and bankruptcy. Each of the topics introduced in this course covers both institutional details and results of relevant academic research. It is furthermore supported by a case study.
Teaching
20 hours of lectures and 10 hours of classes. MSc Finance (part-time): taught LT (evenings). MSc Finance (full-time): taught LT (daytime).
Formative coursework
Regular classworks will be completed, handed in and marked as part of formative assessment for this course.
Indicative reading
A course pack will be distributed that includes case studies as well as additional readings such as textbook chapters, and practitioner articles.
Assessment
Exam (70%, duration: 2 hours) in the main exam period.
Project (30%) in the LT.
Key facts
Department: Finance
Total students 2013/14: 107
Average class size 2013/14: 32
Controlled access 2013/14: Yes
Lecture capture used 2013/14: No
Value: Half Unit
Personal development skills
- Team working
- Problem solving
- Communication
- Application of numeracy skills
- Commercial awareness
- Specialist skills