This unit applies all aspects of finance theory to the general problem of valuing companies and other financial assets. This requires a synthesis of the concepts of present value, cost of capital, security valuation, asset pricing models, optimal capital structures 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.
1x2hr lecture per week; 1x1hr workshop session per week
Case studies (40%), group assignment (30%), final exam (30%)
FINC2012 or FINC2002Prohibitions