Course detail

Rating and Valuation

FP-FropPAAcad. year: 2023/2024

Content of the course is to present students models of reliability assessment and business approaches to determining the value of the company. To familiarize students with the procedures for determining the value of the company. Focus on strategic analysis of the company, particularly in terms of identification of value drivers. Practice methods of making financial plan and create a model for PC. Present and apply methods for determining the value of the company.

Language of instruction

Czech

Number of ECTS credits

6

Mode of study

Not applicable.

Entry knowledge

The course may only be taken after completing the Financial Management cours.

Rules for evaluation and completion of the course

The students will be graded according to the results of their work at workshops and of the final exam.
The students’ progress will be tested at the workshops. Missed lessons may be made up for as decided by the teacher leading the workshop.

Aims

The aim is to provide a systematic view of the enterprise and factors of business value. Present methods of strategic analysis of the company that is starting a credit rating company. Systematically present methods of determining the value of the company and use their assumptions.
After completing the course, a student will be able to:
- differentiate between rating types and use the theoretical background for determining the solvency of a company,
- apply the basic models of determining the solvency of a company,
- to choose between methods of determining the value of a company in view of the purpose of the valuation.

Study aids

Not applicable.

Prerequisites and corequisites

Basic literature

MAŘÍK, M. a kol. Metody oceňování podniku:proces ocenění,základní metody a postupy.2011, 494 s.. Praha: Ekopress, ISBN 978-8086929-67-5.
VINŠ, P. a LIŠKA, V. Rating. Praha: C.H.Beck, 2005. ISBN 80-7179-807-X.
DAMODARAN, A. Damodaran on valuation: security analysis for investment and corporate finance. 2 Ed. Hoboken: John Wiley & Sons. 2006. ISBN 0-471-75121-9
DAMODARAN, A. Investment valuation: tools and techniques for determining the value of any asset. 2 Ed. New York: John Wiley & Sons. 2002. ISBN 0471414883

Recommended reading

MAŘÍK, M. a kol. Metody oceňování podniku pro pokročilé: hlubší pohled na vybrané problémy. Praha: Ekopress, 2011. 548 s. ISBN 978-80-86929-80-4
ŠANTRŮČEK, J. Pohledávky, jejich cese a hodnota. 2. aktualizované vyd. Praha: Oeconomia, 2005. ISBN 80-245-0873-7
McKINSEY & COMPANY, KOLLER, T., GOEDHART, M., WESSELS, D. (2005) Measuring and Managing th Value of Companies. 4th Editon (University Edition). New Jersey: Wiley. 742 p. ISBN 978-0-471-70221-4.

Classification of course in study plans

  • Programme MGR-UFRP-A Master's, 2. year of study, summer semester, compulsory

Type of course unit

 

Lecture

20 hours, optionally

Teacher / Lecturer

Guided consultation in combined form of studies

20 hours, optionally

Teacher / Lecturer

Exercise

20 hours, compulsory

Teacher / Lecturer