The Corporate Valuation program comprises four modules, each with the following focus:

Module 1: Cash Flow and Key Ratios (remote learning)

The first module aims to acquire the basic knowledge of accounting and financial analyses, required for the rest of the program.

Module 2: Financial Analysis (classroom teaching)

The second module addresses financial analyses, with a particular focus on profitability, growth, and financial position. The analysis helps us understand the company’s past performance and development, as well as provides us with the tools we need to build a financial forecast model as a basis for corporate valuation.

Module 3: Corporate valuation (remote learning)

The third module reviews the fundamental structures of the two key valuation models – Discounted Cash Flow Valuation and Economic Profit Valuation.

Module 4: Applied corporate valuation (classroom learning)

The fourth module involves discussions of corporate valuations from a practical and applied perspective. The focus is on the valuation of discounted cash flow, however, we also examine other models and approaches that complement the cash flow analysis and help us understand companies’ value creation.

Upon completing the program, you will be able to

• analyze companies’ profitability, growth, and financial position
• understand the forces that drive operational profitability in different industries
• analyze the financial consequences of strategic choices
• use financial forecasting models for different types of companies
• value companies using cash flow models as well as alternative models
• analyze operating risk and financial risk within and between industries
• understand the significance of the cost of capital in the corporate valuation process.