The aim of this course is to equip students with necessary tools to understand the imperfections of the business and through appropriate analysis support the decision making management. The course will also provide knowledge and applications about the valuation principles and techniques in business environment.  

This course develops and uses tools of financial analysis to evaluate the performance and assess the value of companies in an industry context.

Main topics:

1.      Financial Statement Analysis

2.      Financial Planning & Working Capital Management

3.      Capital Structure & Payout Policies

4.      Capital Budgeting & Investment Decisions

5.      Project Analysis

6.      Risk & Cost of Capital

Company Valuation Techniques

After completing this course, students should be able to:

·         Analyze information from the annual financial statements and identify the weak and strong aspects in the management of the company.

·         Understand the impact of alternative capital structures on financial performance.

·         Project the company’s financial statements over both the short and long term by applying techniques in prospective analysis.

·         Estimate the company’s economic value.

Synthesize the results of the various analyses above and come up with credit and investment recommendations.