This module aims to reinforce the understanding of business valuation by developing deeper valuation skills through an application of the methods learned from earlier courses in practice. Students will go through the process of analysing a designated publicly-traded company and will be asked to produce an equity analyst report in which they should provide recommendations “to buy, sell or hold” a company following the written analysis. The module will provide an overview of how to prepare a professional valuation report that includes: company’s description, industry overview, competitive positioning, expected financials, growth perspectives, risk analysis, valuation, and environmental, social, and governance analysis. As part of the module, students can participate in the annual global research challenge competition organized by the CFA Institute. In this competition, students will gain real-world experience through performing the role of a research analyst.
All students will receive advice and support from a faculty advisor and those participating in the CFA research challenge will get an extensive support from an industry mentor. The module will make use of integrated software solutions for problem-solving, and will use Excel tools to develop student’s competencies in developing valuation models and in applying financial analysis for strategic corporate decisions. During this module, students will improve their analytical, valuation, report writing, and presentation skills.
The objective is that the student after the module possesses the necessary knowledge on:
The objective is that the student after the module possesses the necessary skills in:
The objective is that the student after the module possesses the necessary competences in:
For information see § 17.
|Name of exam
|Business Valuation Challenge
|Type of exam
Oral exam based on a projectGroup examination with max. 5 students.
|Type of grading
|Criteria of assessment
|The criteria of assessment are stated in the Examination Policies and Procedures
|Language of instruction
|Location of the lecture
|Responsible for the module
|Study Board of Economics and Business Administration
|Aalborg University Business School
|Faculty of Social Sciences and Humanities