NBAY 6560

NBAY 6560

Course information provided by the Courses of Study 2019-2020.

This course provides fundamental concepts and tools to value assets, including firms and projects, using an economic framework. It begins with an overview of two approaches to valuation: 1) discounted cash flow (DCF) and 2) valuation by multiples using comparable assets. We will first discuss the fact that valuation by multiples and the DCF approach are one and the same. Then, we will discuss the DCF approaches in detail, including projections and costs of capital. We will wrap up the course with a case discussion of valuing "hyper-growth" technology firms and issues specific to valuing high-tech/start-up firms. This course is especially useful to anyone preparing for a career role in project management, including marketing and operations, and valuing entrepreneurial opportunities (e.g., startups). Both conceptual understanding and practical implementations through case studies will be emphasized.

When Offered Fall.

Permission Note Enrollment limited to: Cornell Tech students.
Prerequisites/Corequisites Prerequisite: TECH 5310.

View Enrollment Information

Syllabi:
  •   Regular Academic Session. 

  • 1.5 Credits GradeNoAud

  • 15713 NBAY 6560   LEC 001

  • Taught in NYC. Enrollment limited to Cornell Tech students. Prerequisite: TECH 5310 - Business Fundamentals for NON-MBA students. The deadline to drop this class is before the class meeting on October 24, 2019. Failure to drop the course prior to that date will result in a "W" for the course.