This course explores the theories and techniques in corporate valuation and how the theories and techniques are applied to investment decisions. Students will learn to value corporate entities using various techniques, including discounted cash flow and multiple-based valuations. Besides, the course will introduce mergers and acquisitions, focusing on the economic and financial aspects of the topic, including the motivations for M & M&As, the forms they may take, the success of mergers, and their determinants. Students will learn how to use short-term event studies to analyze the value impact of mergers and acquisitions.
- Module Supervisor: Yiwei Li