How to value any asset
Decide which projects to take out of the many a corporation might be considering
Compute the return on any project
Compute the value that a project adds
Value a bond and compute its yield
Value a stock using a simple model (i.e., determine the fair price of a stock)
In this course, you will gain an understanding of time-honored financial concepts and rules, and how these can be applied to value firms, bonds, and stocks.
We will cover the time value of money, cost of capital and capital budgeting. You will be using Excel for many process including valuing bonds and stocks, computing NPV and finding IRR.
An introductory finance course that is required for all first-year MBA students at Columbia Business School, the course is taught by a world-class instructor, actively training the next generation of market leaders on Wall Street.
Participants from all backgrounds will be prepared to participate on the ever-evolving financial playing field.
Week 1: The Time Value of Money & Present Value
Week 2: Net Present Value & The Internal Rate of Return Rule
Week 3: Capital Budgeting
Week 4: Valuation of Bonds and Stocks
Students must be familiar with basic concepts of Accounting and possess basic skills in Microsoft Excel (or equivalent.)