WORKSHOP: Advanced Business Valuation
The objective of this seminar is to provide a big picture on valuation and an insight into how the pieces of the valuation puzzle fit together. There are many different approaches to the analysis and valuation of companies and it is very important for the analyst to know which method to apply in each special case.
Understand how to apply the principles of business valuation in order to better service your clients’ needs with the Certificate in Business Valuations.
Specifically, the seminar will cover firstly methods know as discounted cash flow valuation (DCF) along with issues that arise when information is imprecise or unavailable. Secondly, the seminar will focus on the relative valuation methods, i.e. the valuation of companies by looking at how similar companies are priced by the market. Finally, the seminar will examine techniques, concepts, methodologies and models for valuing private firms, financial institutions, acquisitions, takeovers and troubled firms.
The seminar has a very practical emphasis and all methods will be applied in a series of class exercises and cases. It is of interest to those contemplating careers in investment banking, security analysis, equity hedge funds, mergers & acquisitions, private equity & venture capital, commercial banking, consulting, accounting, and corporate finance. It will also help with personal investing.
WHO IS IT FOR?
The certificate has been created to cover all business valuations from small to listed companies. It has been designed to appeal to small- to medium-sized practitioners, as they are the most likely to need to develop, validate or refresh their knowledge and application of business valuations, but the certificate will suit those who:
- are new to business valuations or are planning to work in the field
- are currently working in the field and want to further their understanding
- are seeking a top-up to an existing professional accountancy qualification
- have an educational or vocational background in business valuations and are hoping to gain formal recognition for their knowledge and skills but don’t currently hold a professional accountancy qualification.
Instructor’s Short Bio
Panayiotis G. Artikis is an Associate Professor at the University of Piraeus in Greece. He has obtained a Bachelor in Business Administration from the Economic University of Athens, an MBA in International Banking and Finance from the University of Birmingham, and his PhD in Finance from the University of Bradford. Prior to his academic career Dr Artikis worked for over ten years as a Fund Manager, specializing in equities, at two Mutual Fund Management Companies based in Athens. His research, professional and teaching interests are in the areas of corporate finance, portfolio management, performance evaluation, risk management, asset pricing, financial modeling and wealth creation. He has published several papers in international refereed journals, edited volumes and conferences. Dr Artikis has over fifteen years of teaching experience at undergraduate and postgraduate level, as well as in executive seminars and he has supervised several MBA dissertations and Doctoral theses.
- Approaches to Valuation
- Basic Principles
1. Context of valuation
2. Strategic analysis
3. Financial analysis
4. Methods of valuation
5. Asset based valuations
6. Multiples based valuations
7. Discounted cash flow based valuations
8. Choice of methods in context
9. Application case study
10. Reflections and resources
- In-class and Online study materials
- Approximately 20 hours' study time
- 10 learning modules including exercises, multiple choice questions and a case study
- Course materials are available online for six months after you register
- Available in English or French
- The Certificate is awarded on completion of the course.