NBA 6560

NBA 6560

Course information provided by the Courses of Study 2015-2016.

This course is about valuation-the valuation of stocks, companies, parts of companies, and real assets. Three methods of valuation are introduced: intrinsic valuation, relative valuation by multiples using comparables, and contingent claims valuation, based on a real options approach. The rest of the course will be dedicated to understanding each of these methods in greater detail and more importantly, applying them to the valuation of actual companies. This will involve understanding in detail discounted cash-flow models and the many inputs required to build them; dividend discount models; the determination and use of relative-value multiples such as price/earnings and price/book value; and finally, how to apply option theory to specific problems in valuation. The course includes a special session on valuation approaches and challenges specific to venture capital and private-equity investing. This will include a discussion of topics such as required internal rates of return (IRRs), the effects of leverage on valuation, and issues relating to the valuation of high-growth startups.

When Offered Spring.

View Enrollment Information

Syllabi: none
  •   Seven Week - Second. 

  • 1.5 Credits GradeNoAud

  • 14924 NBA 6560   LEC 001

  • GM and Grad Students Only. Add/Drop Dates: Johnson Students – March 21st at 8:00am to March 25th at 4:00pm. Non-Johnson Students: March 24th at 8:00am to March 25th at 4:00pm. You may add or drop a second-half class after March 25th with permission of the faculty. A late fee of $100.00 will be charged for each add or drop transaction. If you are dropping after April 18th you will also receive a "W" on your transcript in addition to the late fees. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows. Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required.

Syllabi: none
  •   Seven Week - Second. 

  • 1.5 Credits GradeNoAud

  • 14937 NBA 6560   LEC 002

  • GM and Grad Students Only Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required. Add/Drop Dates: Johnson Students – March 21st at 8:00am to March 25th at 4:00pm. Non-Johnson Students: March 24th at 8:00am to March 25th at 4:00pm. You may add or drop a second-half class after March 25th with permission of the faculty. A late fee of $100.00 will be charged for each add or drop transaction. If you are dropping after April 18th you will also receive a "W" on your transcript in addition to the late fees. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows. Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required.

Syllabi: none
  •   Seven Week - Second. 

  • 1.5 Credits GradeNoAud

  • 14948 NBA 6560   LEC 003

  • GM and Grad Students Only Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required. Add/Drop Dates: Johnson Students – March 21st at 8:00am to March 25th at 4:00pm. Non-Johnson Students: March 24th at 8:00am to March 25th at 4:00pm. You may add or drop a second-half class after March 25th with permission of the faculty. A late fee of $100.00 will be charged for each add or drop transaction. If you are dropping after April 18th you will also receive a "W" on your transcript in addition to the late fees. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows. Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required.