1 x 3-hour workshop weekly
1 Admission into MAF-Master of Accounting and Finance
1a Admission into MBAF-Master of Business Administration (Finance)
1b Admission into MBUSFN-Master of Business (Finance)
1c Admission into MAFFP-Master of Accounting and Finance - City Campus
1d Admission into MBAFFP-Master of Business Administration (Finance) - City Campus
Must Satisfy: ((1 or 1a or 1b or 1c or 1d))
Course context
Master of Accounting and Finance, Master of Accounting
Topic description
This course is concerned with the valuation of securities using fundamental and quantitative techniques. Topics covered include economic and industry analysis, growth and discount rate estimation, discounted cash flow analysis and relative valuation modelling.
Educational aims
This topic will provide students with the knowledge, understanding and skills required to conduct in-depth valuation of financial securities. The content covered in this topic is essential for any student seeking a career in funds management or corporate finance. This topic will examine a variety of cornerstone valuation models and analytical techniques that can be used to derive the intrinsic value of publicly traded corporations. Students will learn to apply their knowledge in a practical setting and develop an awareness of the advantages and limitations of different equity valuation models and analytical techniques.
Expected learning outcomes
On successful completion of this topic students should be able to:
  1. Explain and justify the use of different valuation models.
  2. Identify inputs required for valuation and analysis.
  3. Estimate a company’s value using free cash flow analysis, relative valuation and asset pricing models.
  4. Evaluate whether a financial security is mispriced.
  5. Discuss model limitations and the purpose of sensitivity analysis in asset valuation.
  6. Work collaboratively and communicate findings via verbal presentations and written assessment items.