Business Valuation
Interactive seminar materials — follow along on your device
Charts, data, and live polling — participate in real time
Course Schedule
1
Risk & Cost of Capital
Systematic vs unsystematic risk, beta, CAPM, and WACC fundamentals
Risk Beta CAPM WACC
2
Financial Statement Analysis
Reading and adjusting financial statements for valuation
Income Statement Balance Sheet Adjustments
3
Free Cash Flow
Calculating FCFF and FCFE from financial statements
FCFF FCFE Cash Flow
4
Pro-forma Modelling
Building forward-looking financial models
Pro-forma Forecasting Growth
5
DCF Valuation
Discounted cash flow valuation methodology
DCF Terminal Value Sensitivity
6
Regression & Multiples
Statistical approaches and relative valuation
Regression P/E EV/EBITDA
7
Dividend Discount Models
Gordon growth model and multi-stage DDM
DDM Gordon Model Dividends
8
Real Options & Special Topics
Option-based valuation and special situations
Real Options M&A Distress
9
Valuation in Practice
Putting it all together with real company valuations
Integration Practice Presentation
10
Fixed Income & Review
Bond valuation, duration, and course synthesis
Bonds Duration Review