Advanced Valuation – The Next Level
30 September - SAVE THE DATE
This new 1-day program for graduates of the
Advanced Valuation program and will extend and refresh the key
learnings and insights learnt during Advanced
Valuation.
The key elements of the Discounted Cash Flow method are assumed to
be well known, however we did not fully develop and discuss the use
of scenario and sensitivity analysis during Advanced
Valuation. In Advanced Valuation - The Next Level we
will delve further into the use of these techniques, in particular
scenario-based DCF for valuing start-ups, situations of financial
distress, or for incorporating country risk into valuations.
The other area of focus will concern the impact of financing. In
Advanced Valuation we highlighted the difference between
the Adjusted Present Value method and the WACC method for
incorporating the impact of financing on the business. In AV -
The Next Level we will consider the implications of
alternative financing on the valuation, and analyze the alternative
methodologies for incorporating these financing impacts - through
the discount rate or through the cash flows. This will force us to
re-consider the drivers of the opportunity cost of capital and
ensure that all participants understand not only what the
opportunity cost of capital is, but why we estimate it the way we
do.
To demonstrate mastery of the material, participants will be
expected to solve and present case studies to the class.
Faculty: Professor Kevin Kaiser, Affiliate Professor of Finance and Director of the International Executive Program at INSEAD
Who should attend: Advanced Valuation - The
Next Level is available only to alumni who have
previously attended AIF's Advanced Valuation
program.
Program Date: 30 September 2011
Fee: €1,495
Further details of the program content will be available
soon.
If you are ready to take your valuation skills to the
next level, then register your interest now by
contacting:
Susan Forrest
Corporate Development Manager
T +31 20 520 0178
E s.forrest@aif.nl


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