2014 Unit of Study

The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).

The University of Sydney session calendar shows exact dates for sessions.

Corporate Valuation
UoS Code FINC6021
Credit points 6
Offered Semester 1 and Semester 2
Prerequisites FINC5001
Corequisites
Prohibitions
Assumed Knowledge
Additional Information
Lectures 1x 3hr seminar per week
Assessment lab work (5%), group assignment (30%), reflective journal (5%), and final 3hr exam (60%)
Description This subject unit applies all aspects of finance theory to the general problem of valuing companies and other financial assets. This requires a synthesis of the fundamental concepts of present value, cost of capital, security valuation, asset pricing models, optimal capital structures, derivative pricing and some related accounting concepts. The subject aims to reach a level of practical application that allows students to understand both the theoretical frameworks and institutional conventions of real world corporate valuations. Basic valuation concepts from accounting will be reconciled with the finance theory on which firm value ultimately stands. Students will be asked to make extensive use of Excel or similar software in valuation exercises.
5220