Master's Programme in Business Administration (5 years)
Language of instruction
BE-111 Financial Accounting 1, BE-209 Financial Accounting 2, BE-210 Investment and Financing or equivalent.
Upon successful completion of this course the student should be able to:
Based on internationally accepted asset pricing models estimate the required rates of return used to calculate e.g., values of assets or overall company values.
Compute and analyze free cash flows.
Analyze and apply accounting information for valuation purposes.
Use various valuation models to calculate e.g., values of assets or overall company values.
Understand how accounting procedures can affect investment choices.
Demonstrate how valuation models can be applied to value venture capital and other private equity.
Explain how risk may influence the (un)certainty of the value estimates.
Explain the pay-off of financial options and use simple valuation models to value the options
Explain sustainable stock picking strategies and understand how the United Nations’ Sustainability Development Goals may be related to portfolio choices.
Valuation and accounting: Theory, models and practical applications.
Lectures (and possibility for group work).Estimated workload is about 200 hours.
Approved compulsory assignments. More information in Canvas by the start of the semester.
Assessment methods and criteria
4-hour written examination with letter grades.
The person responsible for the course, in consultation with the student representative, decides the method of evaluation and whether the courses will have a midterm- or end of term evaluation, see also the Quality System, section 4.1. Information about evaluation method for the course will be posted on Canvas.