Financial Statement Analysis and Valuation - (F) - Q4

Participation Prerequisites

Participation requirement: 

Having successfully completed an introductory accounting course and an introductory investments course (alternatively, an introductory controlling course) is required. Why? The course requires a solid understanding of accounting concepts and net present value investment calculations. Examples are: 

• Net present value calculations.
• The standard make-up of financial statements: i.e., income statement, balance sheet, statement of shareholders’ equity, cash flow statement.
• Accounting concepts and principles: e.g., you should know what goodwill is, how depreciation works, the accounting behind accounts receivable, et cetera.

Lacking this knowledge will most likely make it difficult to keep up with the course. It is your responsibility to ensure you possess the required prior knowledge. 

Course Content

Course Content:

The course Financial Statement Analysis and Valuation equips students with the knowledge, skills, and analytical tools needed to evaluate a company's current performance as well as make educated forecasts about its potential future trajectories. This course blends foundational theory, real-world application, and insightful case studies, enabling students to evaluate financial statements and assess the strategic impact of key business decisions. Students will learn to engage with dynamic financial models for forecasting and scenario analysis and study core valuation techniques. Through a mix of case studies, simulations, and hands-on modeling, students will gain the skills essential for navigating uncertainty and making sound investment decisions.

Intended Learning Outcomes and Competencies

Intended Learning Outcomes and Competencies:

Upon successful completion of this course, you will be able to (within parentheses, expressed using Bloom's taxonomy):

1. Decompose firm value into value drivers and evaluate a firm’s current performance based on its value drivers. (Apply financial statement analysis frameworks to identify, analyze, and evaluate key levers of a firm's return on equity and growth.)
2. Evaluate a firm’s business model to identify its competitive advantages and disadvantages. (Apply competitive analysis techniques to evaluate the market strengths and weaknesses of a firm.)
3. Identify and examine the necessary data required for evaluating a firm's future potential. (Apply, among others, growth rate analysis and critically analyze information about a firm's prospects.)
4. Develop and justify projections for a firm's future performance. (Apply state-of-the-art analytical and forecasting frameworks to generate performance projections.)
5. Conduct and defend a full company valuation. (Apply and analyze common security valuation methods.)

Instruction Type

in-class

Form of Examination