PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
IMF 544	FIRM VALUATION	3 + 0	2nd Semester	7,5

COURSE DESCRIPTION

Course Level	Master's Degree
Course Type	Elective
Course Objective	The aim of this course is; Value-based management philosophy and to learn how to determine the true value of a company.
Course Content	In course, firm's aim, cash flows, firm valuation methods, brand valuation methods and real estate valuation methods will be examined in detail.
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	It explains the purpose and reasons for the valuation.
2	It can reveal the relation of valuation and price.
3	Financial and real investment decisions can make a reasonable appraisal at the time of taking the decision.

COURSE'S CONTRIBUTION TO PROGRAM

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	14	5	70
Assignments	2	25	50
Mid-terms	1	13	13
Final examination	1	20	20
Total Work Load ECTS Credit of the Course			195 7,5

COURSE DETAILS

Select Year

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
IMF 544	FIRM VALUATION	3 + 0	1	Turkish	2020-2021 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Prof. Dr. İLHAN KÜÇÜKKAPLAN	ikkaplan@pau.edu.tr		İİBF A0323	%

Goals		The aim of this course is; Value-based management philosophy and to learn how to determine the true value of a company.
Content		In course, firm's aim, cash flows, firm valuation methods, brand valuation methods and real estate valuation methods will be examined in detail.

Topics

Weeks	Topics
1	Introduction to Valuation
2	Approaches to Valuation
3	Understanding The Financial Statement
4	From Earnings to Cash Flow
5	Free Cash Flow to Discount Model
6	Free Cash Flow To Firm
7	Free Cash Flow To Equity
8	Relative Valuation
9	Option Valuation
10	Valuing Financial Service Firms
11	Valuing Firms With Negative Earnings
12	Valuing Young or Start-Up Firms
13	Valuing Real Estate
14	Valuing Brand

Materials

Materials are not specified.

Resources

Resources	Resources Language
Aswath Damodaran, Investment Valuation, John Wiley&Sons Inc. New York, 2002	Türkçe
Metin Kamil Ercan ve Aykan Üreten, Firma Değerinin Tespiti ve Yönetimi, Gazi Yayınevi, Ankara, 2000	Türkçe
Metin Kamil Ercan vd., Değere Dayalı Yönetim ve Entellektüel Sermaye, Gazi Kitapevi, Ankara, 2003	Türkçe
Metin Kamil Ercan vd., Firma Dğerlemesi Bnaka Uygulaması, Literatür Kitapevi, İstanbul, 2006	Türkçe
Aswath Damodaran, Investment Valuation, John Wiley&Sons Inc. New York, 2002	Türkçe
Metin Kamil Ercan ve Aykan Üreten, Firma Değerinin Tespiti ve Yönetimi, Gazi Yayınevi, Ankara, 2000	Türkçe
Metin Kamil Ercan vd., Değere Dayalı Yönetim ve Entellektüel Sermaye, Gazi Kitapevi, Ankara, 2003	Türkçe
Metin Kamil Ercan vd., Firma Dğerlemesi Bnaka Uygulaması, Literatür Kitapevi, İstanbul, 2006	Türkçe

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	50	Final Exam
Midterm Exam	50	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student