Business Valuation

Learning Outcomes

Upon successful completion of this course, students are expected to be able to explain and interpret basic concept of valuation; to apply and compare different appropriate approaches to valuation: Income Approaches, Discounted Cash Flow Valuation, Relative Valuation and Contingent Claim Valuation; to construct and propose variety of business valuation: stocks, firms/businesses (publicly and private), division, intangibles and real estate valuation; and to demonstrate a working knowledge as corporate financial consultant and underwriter profession in financial institution (capital market).

Topics

Valuation is an essential tool for corporate finance executives. This course discusses about how to do a business valuation – the valuation of stocks, businesses, intangibles and real assets. It focuses on the various methodologies, aspects and considerations on valuing businesses that are publicly traded and private – both at the corporate or divisional levels. It discusses several approaches to valuation namely: Income Approaches, Discounted Cash Flow, Relative and Contingent Claim Valuation. This course also discusses about the recent market trends, focusing on the Indonesian context that in turn will support students in investment decision making based on business valuation.