Company Valuation

Brief description

  • • Historical development of corporate evaluation
  • Evaluation triggers, the purposes of evaluation
  • Various methods of company valuation (net assets value method, mixed method, earnings method, multiples)
  • Cost of capital (CAPM, WACC)
  • Forecasting
  • Taxation in company valuation
  • Entity approach (FCF method)
  • Equity approach (FTE method)
  • Phases and players in mergers & acquisitions
  • Due Diligence
  • Post-merger integration management
  • Demerger management
  • Overview on value management

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Peemöller (editor): Praxishandbuch der Unternehmensbewertung, NWB Verlag; latest edition.

Planned learning activities and teaching methods

Face-to-face learning (input, discussions, written individual and group activities, short presentations of solutions in class), written tests in class

Assessment methods and criteria

Continuous assessment: 30 points can be obtained through participation in class (mini tests, homework, online quizzes) and 70 points through a written final exam.

Prerequisites and co-requisites

Financial Accounting and Financial Statement Analysis, Financial Management and Investment Decisions, Cost Accounting and Budgeting

Infos

Degree programme

European Economy & Business Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2024

Semester

4 SS

Incoming

No

Learning outcome

After successful completion of this course, students can

  • explain the most important methods for company valuation
  • systematically prepare the required data
  • actively participate in the selection, evaluation and integration of acquisition objects.

Course code

0389-20-01-VZ-DE-46a