5816 Valuation
Dr. Markus Patloch-Kofler
  • LV-Typ
  • Semesterstunden
  • Unterrichtssprache
12.02.2019 bis 15.02.2019
Anmeldung über LPIS
Hinweise zur LV
Planpunkt(e) Master
Wochentag Datum Uhrzeit Raum
Donnerstag 07.03.2019 12:00 - 15:00 D5.1.004
Donnerstag 14.03.2019 12:00 - 15:00 D5.1.004
Donnerstag 21.03.2019 15:00 - 18:00 D5.1.004
Donnerstag 28.03.2019 15:00 - 18:00 D5.1.004
Donnerstag 09.05.2019 12:00 - 18:30 D5.1.004
Donnerstag 16.05.2019 15:00 - 19:00 D5.1.004

Inhalte der LV

  1. Introduction
  2. Investment decisions
  3. Overview of valuation approaches
  4. Derivation and projection of cash flows
  5. Value, capital structure and the cost of capital
  6. Discounted cash flow approaches

Lernergebnisse (Learning Outcomes)

The objective of this course is to learn firm, debt and equity valuation methods from both a conceptual and practical framework. The approach combines both accounting and finance into a practical framework for valuing firms, debt and equity. While there is some new finance theory introduced in this course, the emphasis is on the practical application and integration of finance and accounting concepts to valuing companies.

Students with weak accounting and finance backgrounds will be at a disadvantage in this course. The course also familiarises students with the usage of spread sheets to build financial models for valuation and appreciate the linkages between valuation and strategy of firms.

Regelung zur Anwesenheit

In order to successfully pass this course, your absence is limited to 20 % of our appointments.


The first two lessons are used to familiarise the students with the basic valuation methods and other requirements to value companies. The rest of the course, however, is built almost exclusively around a case study. Three groups of students have to value a company and present their outcomes.

In addition, there will be three different guest lectures on advanced topics in valuation. Our guests also discuss the outcomes of the case studies.

Leistung(en) für eine Beurteilung

Three items are considered when assigning final grades:

  1. class participation (20 %)
  2. case study (50 %)
  3. final exam (30 %)
Zuletzt bearbeitet: 13.01.2019