COURSE UNIT TITLE

Offered By

Accounting and Finance (English)

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR PINAR EVRIM MANDACI

Offered to

Accounting and Finance (English)

Course Objective

The objective of this course is to give a thorough knowledge in determining the value of a company using DCF, relative valuation and option pricing models for private companies and in acquisition decisions. The emphasis is on the process of valuation by the help of a real company valuation project.

Learning Outcomes of the Course Unit

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Recomended or Required Reading

1. Damodaran, A.: Damodaran on Valuation, Second Edition, John Wiley & Sons.,
2. Investment Valuation, 2e. New York: John Wiley & Sons, 2002.
3. Damodaran s website: http://pages.stern.nyu.edu/~adamodar/

Planned Learning Activities and Teaching Methods

Lecture, discussions, project.

Assessment Methods

Further Notes About Assessment Methods

None

Assessment Criteria

1. The students will describe and compare different valuation techniques such as FCFF, FCFE, Dividend-models and relative valuation.
2. The students will analyze different factors influencing value.
3. The students will demonstrate knowledge of different valuation techniques for different purposes.
4. The students will illustrate the effect of different factors on value.
5. The students will calculate and present the value of a real company.

Language of Instruction

English

Course Policies and Rules

1. Plagiarism of any type will result in disciplinary action.
2. Attending at least 70 percent of lectures is mandatory.
3. All assignments should be submitted on time. Otherwise will not be accepted.

Contact Details for the Lecturer(s)

banu.durukan@deu.edu.tr

Office Hours

To be announced later.

Work Placement(s)

None

Workload Calculation

Contribution of Learning Outcomes to Programme Outcomes