12524 - Financial Analysis

Learning outcomes

The aim of this course is to provide a thorough understanding of the theory and practice of financial assets valuation and problems within different trading markets. At the end of the course the student will be able to: - analyse the financing alternatives available to companies; - understand the economic and financial problems of the contexts in which firms and investors operate; - analyse the issue procedures of financial assets (i.e., issue of bonds and stocks).

Course contents

1. How are firm fundamental values (or “intrinsic values”) estimated?

2. What business activities determine value?

3. How does one pull apart the financial statements to get at the relevant information for valuing equities?

4. How does profitability tie into valuation?

5. What is growth? How can we analyze growth? How can we value a growth firm?

6. How can we trade on fundamental information?

Readings/Bibliography

Business Analysis and valuation, Palepu, K.G., Healey, P. M., Peek, E, 5th edition, Cengage.

ISBN: 978-1-4737-5842-1

Teaching methods

Frontal lectures

Problem solving in class

Case studies

Assessment methods

Written exam

 

Teaching tools

Insegnamenti On Line

Online databases such as Osiris or Orbis Bank Focus

Microsoft applications such as Word, Excel, PowerPoint

Office hours

See the website of Andi Duqi