Course detail
Rating and Valuation
FP-FropPAcad. year: 2020/2021
The course focuses on the following topics:
• Rating and its legal treatment, trends in development
• Methods for determining the value of an enterprise
• Strategic analysis for the purpose of assessment of the value of the enterprise
• Identification of value generators
• Practical application of the revenue method for valuing enterprises
Language of instruction
Number of ECTS credits
Mode of study
Guarantor
Department
Learning outcomes of the course unit
Skills: On the basis of strategic analyses, including financial analyses, students can quantify value generators and determine a preliminary valuation of an enterprise. They can recommend an appropriate method for determining the value of an enterprise and in a simplified manner determine the value of an enterprise. They are able to discuss the conditions for the applicability of the valuation determined.
Abilities: Students are able to apply methods leading to determining the value of an enterprise, determine the value of an enterprise, and also identify the factors that increase the value of an enterprise as well as those that threaten it. They are able to model the impacts of strategic decisions on the value of an enterprise.
Prerequisites
Co-requisites
Planned learning activities and teaching methods
Assesment methods and criteria linked to learning outcomes
Course curriculum
2. Credit Rating agencies. Methodological approach to determining the rating.
3. Definition the value of a company, reasons for valuation.
4. Methods of determining the value of a company.
5. Strategic analysis for determining the value of a company.
6. Financial plan for determining the value of a company.
7. Discount rate for determining the value of a company.
8. EVA model.
9. Valuation of specific businesses
10. Valutation of concern.
Work placements
Aims
Specification of controlled education, way of implementation and compensation for absences
Recommended optional programme components
Prerequisites and corequisites
Basic literature
VINŠ, P. a LIŠKA, V. Rating. Praha: C.H.Beck, 2005. ISBN 80-7179-807-X. (CS)
Recommended reading
Elearning
Classification of course in study plans
- Programme MGR Master's
branch MGR-UFRP-D , 2 year of study, summer semester, compulsory
- Programme MGR-UFRP Master's 2 year of study, summer semester, compulsory
Type of course unit
Lecture
Teacher / Lecturer
Syllabus
2. Models of determining the solvency of a company. Methods of determining the value of a company.
3. Methodological approach to determining the rating and value of a company.
4. Strategic analysis for determining the value of a company.
5. Financial plan for determining the value of a company.
6. Discount rate for determining the value of a company.
Exercise
Teacher / Lecturer
Syllabus
Postupy tvorby bankrotních modelů.
Případová studia: Kompletní ocenění konkrétního podniku:
- strategická analýza externího okolí, určení atraktivity odvětví a potenciálu růstu podniku
- strategická analýza růstového potenciálu podniku
- finanční analýza podniku
- genrátory hodnoty a jejich prognóza
- předběžné ocenění podniku na základě generátorů hodnoty
- finanční plán
- ocenění metodou diskontovaného cash flow
- syntéza, diskuse
- prezentace seminárních prací
Elearning