About Prof. Damodaran:
Like trying to hit a moving target, valuing a company requires a dexterity and fluidity not easily taught. Prof. Aswath Damodaran, the foremost authority on valuation and corporate finance, has continually proven not only his aptitude for navigating this complex, theoretical field, but also for articulating its complexities to others.
Aswath Damodaran is the Kerschner Family Chair Professor of Finance at the Stern School of Business at New York University.
He teaches the corporate finance and valuation courses in the MBA program. In addition to being the author of multiple books on valuation, his accomplished teaching has earned him the Stern School of Business Excellence in Teaching Award nine times.
What You Will Learn
Prof. Damodaran provides you with several fundamental approaches to valuation, their advantages and limitations, and extensive examples of each. At the end of the program, participants should be able to:
- Value any kind of firm in any market, using discounted cash flow models (small and large, private and public)
- Value a firm using multiples and comparable firms
- Analyze and critique the use of multiples in valuation
- Value “problem” firms, such as distressed companies or start-ups
- Estimate the effect on value of restructuring a firm
Training Dates & Schedule
Virtual Live
November 6-9
7am - 10:15am PST | 4pm - 7:15pm CET
7pm - 10:15pm GST
Topics Covered
Throughout the training, Prof. Damodaran will address the following:
Session 1
- The Discounted Cash Flow Model
- Setting up the Model
- The Big Picture of DCF Valuation
- Valuation Examples
- The Discount Rate Question
Session 2
- Risk premiums and Betas
- The Cost of Debt
- Estimating Cash Flows
- Estimating Growth Rates
- Estimating Growth Patterns
- The Terminal Value
- Loose Ends in Valuation (cash, cross holdings, synergies)
Session 3
- The Value of Control
- The Darkside of Valuation: – young, growth companies – mature companies in transition – declining and distressed companies – cyclical companies – commodity companies – financial service companies – private businesses
Session 4
- Darkside of Valuation Continued
- Story Telling & Valuation
- Relative Valuation
- Deconstructing multiples
- Comparable company valuation
Who Participates
The mix of valuation techniques and applications in this training attracts a range of professionals including equity research analysts, CFOs, heads of business strategy and M&A, chartered accountants, consultants, M&A analysts, portfolio managers, and venture capitalists draw the most from this training
What is Included
- Interactive virtual classroom taught by Prof. Damodaran
- Soft copies of the presentation by Prof. Damodaran
- Certificate of attendance signed by Prof. Damodaran
- 3 months Institute membership which provides you with access to: – Online group of valuation participants and other participants globally – Online e-library (which also includes access to the book “Valuation” by Prof. Damodaran)
Program Fees
Regular Fee: USD 1,290
Location
Virtual Live classroom access provided by IMAA
Register your interest to join here.
For more information or to request for an assistance, please contact [email protected].
