Valuation of Companies and Cash Flow Generating Assets (N1591)

15 credits, Level 6

Autumn teaching

You explore the different methods of valuing businesses - looking at public companies and private firms. 

You analyse the fundamental drivers of value, and the main approaches, including:

  • discounted cash flows
  • multiples
  • real options. 

You focus on the discounted cash flow approach and discuss in detail how to estimate the necessary inputs, for example cash flows, discount rates and growth, and the importance of selecting the correct data to get accurate estimates. 

Teaching

67%: Lecture
33%: Seminar

Assessment

25%: Coursework (Computer-based examination)
75%: Examination (Computer-based examination)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 31 hours of contact time and about 119 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2021/22. However, there may be changes to these modules in response to COVID-19, staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.

Courses

This module is offered on the following courses: