About this Course
4.8
145 ratings
22 reviews
This course is a theoretically sound and practical exposure to valuation. As the final course of the Specialization, it will be useful to anyone in executing or critically evaluating company analyses conducted by experts. We have put together everything you have learned in the first three courses, modified frameworks and first applied them to carefully crafted real world situations (or mini-cases), and then presented you with a capstone project to value one of the most well-known companies of the past three decades. This Capstone Project will make you appreciate how finance is both a science and an art form....
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Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Clock

Approx. 23 hours to complete

Suggested: It will take between 5-10 hours a week for about six weeks to master the content....
Comment Dots

English

Subtitles: English...

Skills you will gain

Valuation (Finance)Corporate FinanceStock ValuationInvestment
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Intermediate Level

Intermediate Level

Clock

Approx. 23 hours to complete

Suggested: It will take between 5-10 hours a week for about six weeks to master the content....
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
2 hours to complete

Overview of Specialization & Course

This module contains detailed videos and syllabi of both the Specialization and this course. This specialization has been designed to enable you to learn and apply the powerful tools of modern finance to both personal and professional situations. The courses within progress linearly and build on each other and it is important for you to get an understanding of why this specialization may be relevant to your goals, again both personal and professional. Please review the videos and syllabi as they will give you a sense of the specialization and how this specific course fits within. The teaching style and philosophy of the instructors is also presented to you (hopefully) in sufficient detail. Most importantly, it will give you enough information for you to make a decision about whether you want to take this course, by itself or as part of a specialization....
Reading
11 videos (Total 62 min), 3 readings
Video11 videos
Specialization: A Collaboration 5m
Specialization: Content and Structure 3m
Specialization: Courses 4m
Specialization: Process 5m
Specialization: Philosophy 6m
Specialization: Prerequisites 3m
Specialization: Assumptions 4m
Specialization: Thank You! 6m
Specialization: Closed Captioning 3m
Welcome to Valuing Companies10m
Reading3 readings
Specialization-Syllabus10m
Course 4-Syllabus10m
Help Us Learn More About You!10m
Clock
6 hours to complete

Module 1

The first module of this course will modify the frameworks introduced in the entire specialization to value companies, where a company is essentially a complex collection of “projects.” We will tackle the difficult but critical first step of identifying a comparable company and analyzing it. A complete valuation framework needed to value a company will follow this analysis. ...
Reading
7 videos (Total 98 min), 2 readings, 2 quizzes
Video7 videos
1.2 Analysis of a Comparable (Cont.)21m
1.3 Unlevering: Approach I15m
1.4 Unlevering: Approach II8m
1.5 Analysis of WACC8m
1.6 Methods of Valuation: Introduction13m
1.7 Methods of Valuation: Enterprise Valuation, APV, Equity Valuation11m
Reading2 readings
Notice for Auditing Learners: Assignment Submission10m
Note-UnleveringRelevering10m
Quiz2 practice exercises
Assignment 1m
Assignment 2m
Week
2
Clock
5 hours to complete

Module 2

Module 2 contains a mega example of valuation showcasing the application of alternative methods and preparing you for the Capstone Project at the end of this course and for the real world beyond. The first two modules will enable learners to test their understanding of advanced valuation techniques in two ways: (a) through a set of final exams that capture the key elements of valuation and (b) a Capstone Project that involves the valuation of a real-world company using real data. ...
Reading
5 videos (Total 67 min), 2 quizzes
Video5 videos
2.2 Valuation of Sears - Enterprise Value Method12m
2.3 Valuation of Sears - APV & Equity Valuation Methods12m
2.4 Valuation of Sears: Revisited12m
2.5 Valuation Wrap-Up9m
Quiz2 practice exercises
Assignment 3m
Assignment 4m
Week
3
Clock
4 hours to complete

Module 3

This module/week will be spent on a short wrap up video of the course and time for assimilation and review by learners to take the final exams. In the past, learners have really valued this time and hence it is built into this new structure/platform as well. Please note there are two finals that cover materials of Modules 1 & 2, and you need to attempt both....
Reading
1 video (Total 11 min), 2 quizzes
Video1 video
Quiz2 practice exercises
Final 1m
Final 2m
Week
4
Clock
1 hour to complete

Module 4

This module contains the first part of a multi-part Capstone Project designed with the specific purpose of showcasing both the science and the art of financial analysis. It is the natural end to a Specialization that begins with the building blocks of finance, is followed by a modification of the framework to incorporate the complexity of regulations and the tax code, and ends with a capstone-like experience in the last course with rich applications to complex projects and companies. The Capstone Project is therefore a natural end to the Specialization and will involve a detailed valuation analysis of a real company. You are strongly encouraged to spend a lot of time on this project, researching on the web and trying to put together everything you have learned. All the questions you are required to answer as part of this project, though machine-graded, provide you an opportunity to learn about businesses and the critical relation between that understanding and the art and science of valuation....
Reading
2 readings, 1 quiz
Reading2 readings
Capstone Project10m
Capstone Exhibits10m
Quiz1 practice exercise
Capstone Project - Part Im
4.8
Direction Signs

50%

started a new career after completing these courses
Briefcase

83%

got a tangible career benefit from this course
Money

50%

got a pay increase or promotion

Top Reviews

By PTApr 26th 2016

Great course , great learning!!\n\nI came from Borneo Malaysia, you have fulfilled my dream of pursuing higher education in US.\n\nThanks so much. Keep up the good work.

By SVSep 24th 2018

I normally do not write reviews, but I would strongly recommend this course. If all online courses were like this.

Instructor

Gautam Kaul

Professor of Finance & Fred M. Taylor Professor of Business Administration
Ross School of Business

About University of Michigan

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future....

About the Introduction to Finance: Valuation and Investing Specialization

Evaluate risk and reward, assess alternatives, and determine the value of a project or company. This Specialization provides a rigorous introduction to core topics in financial valuation, including time value of money, cash flow analysis, asset pricing, risk and return and alternative valuation methods. In the Capstone Project contained in the final course, you’ll apply your skills to research, analyze, and value a real-world enterprise....
Introduction to Finance: Valuation and Investing

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.