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Business Valuation Masterclass

At Prague Finance Institute we present unique opportunity for aspiring investment analysts and corporate finance professionals to expand their conventional finance education with best practices of business valuation. This masterclass will be taught in English by experienced professionals, based on a case of real company.

11 lectures

Max. 25 participants

26/09/2023 - 05/12/2023

Lectures start at 19:00 (every Tuesday)

Price from 6 900 CZK

Certificate of completion

The autumn Business Valuation Masterclass is already fully enrolled.

If you are interested in taking the Business Valuation Masterclass in the spring term of 2024, please contact us at info@praguefi.com.

Thank you very much for your interest, which is greatly appreciated.

Sincerely,
Prague Finance Institute

Who You Are
    • University student or young professional
    • You have basic understanding of corporate finance, accounting and microeconomics (not required)
    • You are eager to put in an effort and commit to a 11 weeks educational adventure
    • Open to meet talented peers and inspiring lecturers

What You Get
    • 11 weekly lectures followed by networking sessions in the heart of Prague (CERGE-EI, The Schebek Palace, Politických vězňů 7, 110 00 Praha 1)
    • Course covering all aspects of business valuation and investment decision making in a class of only 25 selected students
    • A certificate of completion (requirements: 9/11 attendance, team presentation of case study results)

What It Takes
    • Fill in the registration form and send us your CV
    • Standard course fee is 14 900 CZK, reduced course fee for students under 26 is 6 900 CZK. Course fee will be used to cover organizational costs, educational materials and refreshments
    • The fee is payable once you are approved as a participant

APPLY HERE
APPLY HERE

Syllabus

  • 26/09/2023 – Course kick-off & Networking Evening
  • 03/10/2023 – Introduction to Valuation & Intrinsic Value Foundations
  • 10/10/2023 – Fundamentals of Financial Statements Analysis & Capital Allocation
  • 17/10/2023 – Estimating Value Drivers
  • 24/10/2023 – Forecasting Financial Statements (Business Plan Fundamentals)
  • 31/10/2023 – Risk Free Rate, The Equity Risk Premium and Betas
  • 07/11/2023 – Terminal Value
  • 14/11/2023 – Relative Valuation, Ratios and Multiples
  • 21/11/2023 – Leveraged Buy Out Model
  • 28/11/2023 – Private Company Valuation
  • 05/12/2023 – Masterclass Closure & Closing Event
Masterclass Main Partner
  • 22/09/2022 – Course kick-off & Networking Evening
  • 26/09/2022 – Fundamentals of Financial Statements Analysis & Capital Allocation
  • 06/10/2022 – Forecasting Financial Statements (Business Plan Fundamentals)
  • 13/10/2022 – Introduction to Valuation & Intrinsic Value Foundations
  • 20/10/2022 – Risk Free Rate, The Equity Risk Premium and Betas
  • 27/10/2022 – Estimating Value Drivers
  • 03/11/2022 – Terminal Value
  • 10/11/2022 – Relative Valuation, Ratios and Multiples
  • 16/11/2022 – Private Company Valuation
  • 24/11/2022 – Valuation & Analysis of Bonds
  • 01/12/2022 – Asset Based Valuation
  • 08/12/2022 – Leveraged Buy Out Model
  • 15/12/2022 – Masterclass Closure & Closing Event

We would like to inform you that there are only 2 places remaining.

In order to speed up the acceptance of your application, we therefore ask you to send us your CV as soon as you submit your application.

Thank You,
Prague Finance Institute

29/09/2021 - Fundamentals of Financial Statements Analysis & Capital Allocation

  • Overview of consolidated financial statements and their major items
  • Overview of financial statement analysis and major financial ratios
  • Capital allocation decisions

06/10/2021 - Introduction to Valuation & Intrinsic Value Foundations

  • Discounted cash flow model (DCF) basic principles
  • Basics/Overview of relative valuation and price multiples

13/10/2021 - Risk Free Rate, The Equity Risk Premium and Betas

  • Relative risk measures
  • Costs of debt & capital (cost of equity, WACC)

20/10/2021 - Estimating Value Drivers

  • Revenues, EBITDA margin & EBITDA
  • Tax rate and taxes
  • Investments into NWC, CAPEX
  • Estimating cash flows
  • Estimating growth

27/10/2021 - Terminal Value – GGM vs Exit Multiple

  • Loose ends in valuation
  • Value enhancement (sensitivity analysis)

03/11/2021 - Relative Valuation, Ratios and Multiples

  • PE ratio
  • Other earnings multiples
  • Book value multiples
  • Revenue multiples

10/11/2021 - Private Company Valuation

  • Czech environment challenges & specifics
  • IFRS vs CAS

18/11/2021 - Valuation & Analysis of Bonds

  • Financing options
  • Fundamentals of credit analysis

24/11/2021 - Asset Based Valuation

  • Real estate
  • Final homework summary and tips

01/12/2021 - Leveraged Buy Out Model

  • Role of debt in investment decisions
  • Estimation of IRR and other pay-back parameters

08/12/2021 - Lossmaking Firms / Start-up Valuation

  • How to estimate company’s future potential under high uncertainty

09/12/2021 - Special Guest Lecture

  • More information to be announced

15/12/2021 - Master Class Closure

  • Presentations
  • Feedback
  • Certificates
  • NETWORKING night