Valuation Analysis and risk Management

Convenor: Dr Pierre Nadeau
Assessment: Coursework – 25%, 3,000 to 3,500 words – deadline 6th March 2012 (Absolute Cut-Off deadline – 27th March 2012).
Exam – 75%, 2 hours

Aims

This module is part of the curriculum for the MSc Accounting and Financial Management. It is a continuation of Principles of Applied Financial Management. It aims to focus on the principles and practices of how a firm values its business and manage risk.

Learning Objectives

By the end of the course, students should be able to:

• understand alternative firm valuation methods and discuss the main motives and implications of mergers and acquisitions
• appreciate how firms can raise equity capital and debt financing
• understand how companies manage working capital and short-term and long-term financing
• understand how financial options, real options and other derivatives are valued and their practical use in risk management and capital budgeting
• understand how companies can manage international financial risks
• integrate subject matter studied on related modules and to demonstrate the multi-disciplinary aspect of practical financial management problems
• use academic theory and research to question established financial theories.
• be more proficient in researching materials on the internet and Library database.
• be able to use SPSS, Stata or excel for statistical analysis
• through group discussion and case study, students will learn to appreciate public speaking and presentation

Background Reading

Main Textbooks

• Berk, J., DeMarzo, P., ‘CorporateFinance’, Global 2nd edition, Prentice Hall, 2011, 1104 pages. ISBN: 0273756036.
• Hull, J., ‘Risk Managementand Financial Institutions’, International 2nd edition, Prentice Hall, 2010, 576pages. ISBN: 01388006172.