Applied Financial Management.
The coursework consists of three parts
Financial performance analysis
Beta estimation and cost of capital
Business valuation
Consider a quoted company’ profitability, liquidity, efficiency and risk. Ratio analysis which you learn from the accounting modules would be applicable.
Estimate the beta for your chosen company using different measurement parameters. The main focus here is the practical difficulties of ascertaining an appropriate beta as aproxy of risk to the company.
Apply the three valuation methods outlined in the workshop and discuss the pros and cons of each methods in light of your valuations.