Equity Valuation (P02874)

? Credit Points : 10 ? SCQF Level : 11 ? Acronym : SBE-P-EV

Aims

The course aims to allow participants to analyse the financial performance of corporations from around the world, and to show the links between accounting statements, valuation methods and investment analysis. Participants will be comfortable reading financial statements, calculating and understanding accounting ratios, extracting accounting information to make forecasts and valuations. Participants will also gain an understanding of the limitations of financial statements and methods for evaluating the quality of these statements. The course is structured primarily from the point of view of investors and analysts, rather than from a company perspective.

Syllabus

Background and Environment
Analysis and Analysts
Strategy and Valuation
Analysing Accounting
Practical Financial Analysis
Financial Analysis
Forecasting
Valuation Models
Valuation Practice
Specific Applications
Analysing Debt
Corporate Restructuring
Capital Structure

Entry Requirements

none

Subject Areas

Home subject area

Common Courses (School of Business and Economics), (School of Business and Economics, Schedule H)

Delivery Information

? Normal year taken : Postgraduate

? Delivery Period : Semester 2 (Blocks 3-4)

? Contact Teaching Time : 2 hour(s) per week for 10 weeks

All of the following classes

Type	Day	Start	End	Area
Lecture	Wednesday	11:10	13:00	Central

Summary of Intended Learning Outcomes

On completing the module, students should:
Be able to perform a complete equity analysis of a firm, discussing its competitive position, analyzing its financial statements, generating a financial model, and valuing the company.
Have the ability to critically evaluate valuation models.
Be able to understand and apply risk measures.
This module will develop in students the ability to:
Critically appraise various types of valuations models
Interpret financial data and problems in the light of established theories;
Familiarise themselves with the most recent empirical research and critically appraise it;

This module will develop in students the ability to:

Analyse and evaluate quantitative problems;
Use spreadsheets to enhance financial analyses;
Make use of learning resources, including financial datasets;
Work independently and as part of a group.