ECTS; 1º Ano, 2º Semestre, 30,0 T + 15,0 TP , Cód. 301112.
Lecturer
(1) Docente Responsável
(2) Docente que lecciona
Prerequisites
Not applicable.
Objectives
The students should develop skills that will allow them to make financial decisions needed to ensure the survival of a firm: invest, disinvest, enter new business areas, modernise, expand or establish alliances and know the actual value of property (assets and liabilities and contingencies).
Program
Introduction to business valuation: underlying reasons, objectives and key models; Approaches to business value and own capital value; Traditional amd property methods using the Goodwill; Multiple relative valuation; Free cash-flows to equity models; Free cash-flows to the firm models and EVA (Economic Value Added); Considerations to be taken into account for family-owned businesses.
Evaluation Methodology
Final overall mark is the weighted average of the following components:
Final test (60%)
Group assignments (35%)
Class attendance and performance (5%)
Bibliography
Teaching Method
Study of practical cases based on real firms. Group work on real problems and solutions that allows application of theoretical concepts and develops critical skills.
Software used in class