FIN 630 - Business Valuation

3 Credit(s)

Valuation plays a major role in many areas of finance. The role it plays, however, is different in different arenas. This course is designed to present an in-depth analysis of tools and techniques of business valuation. Students are expected to apply these tools and techniques in assessing the appropriate value of a publicly traded firm. Valuation plays a major role in assessing the fair market value of assets in the event of IPO, mergers, and acquisitions, or to determine the accumulated wealth of family members. Valuation plays a central part in mergers and acquisitions analysis. The acquirer has to decide on a fair market value for the target firm before making a bid, and the target firm has to determine a reasonable value for itself before deciding to accept or reject the offer. When determining the value of a privately held corporation, many unique problems arise, such as the lack of market information and the lack of full financial data. This course is intended to present a range of tools and techniques that analysts in each of these areas will find useful.
Prerequisite(s): BUS 655 or FP 601.