Value-based Management 1155-12-M22-BA-VaBM
The course presents the concepts of value and business valuation. It contains analysis of value creation, ROIC concept, business valuation methods, value added concepts (MVA, EVA, SVA), market value approach, capital structure, debt and equity, dividends and the business value. The topics of the course are as follows:
1. Foundations of value
2. Types of value
3. The idea and goals of value creation)
4. Principals of value creation (stakeholders vs. shareholders approach)
5. Business valuation methods (DDM, DFCFF, DFCFE, DEVA, book value).
6. Value management performance measures (ROIC concept, market value approach, capital structure,
7. Value-added ratios (MVA, EVA, SVA)
Total student workload
Learning outcomes - knowledge
Learning outcomes - skills
Learning outcomes - social competencies
Teaching methods
Observation/demonstration teaching methods
Expository teaching methods
- participatory lecture
- problem-based lecture
- description
Exploratory teaching methods
- practical
- classic problem-solving
Online teaching methods
- content-presentation-oriented methods
Type of course
Prerequisites
Course coordinators
Assessment criteria
Lecture - Written, single choice test (Graded credit), 20 questions – W1, W2,
Exercises – Written single choice test (Graded credit), 10 questions - U1, U2,
Class activities – K1, K2.
To pass the course successful student has to prove that he/she:
• knows general assumptions and concepts of value based management,
• knows the stages of the process of value creation
• knows the sources of a value creation,
• knows how different internal as well external factors influence business value and value creation.
• knows how to measure value-creation and company value performance.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: