What you'll learn:
- Understand main concepts used in company valuation
- Estimate the value of different firms
- Create in Excel financial models used for valuation
- Do the valuation of complex firms (with many business units)
- Estimate the value of firms with significant non-core assets
What is the aim of this course?
During many consulting projects, you will be asked to estimate the value of a firm or business units belonging to that firm. This will be especially true during strategic projects, due diligence projects, and M&A projects. That is why it is a good idea to master different valuation techniques and see how you can present the business model in Excel. In this course, I will teach you how to estimate the value of firms during consulting projects.
In the course you will learn the following things:
Essential concepts used in valuation
What techniques you can use to estimate the value of the firm
How to create a simple financial model in Excel
How to estimate the value of complex firms with many different business units
How to approach non-operating assets during the valuation
What is Multiplier Arbitrage
This course is based on my 15 years of experience as a consultant in top consulting firms and as a Board Member responsible for strategy, performance improvement, and turn-arounds in the biggest firms from Retail, FMCG, SMG, B2B, and services sectors that I worked for. I have carried out or supervised over 90 different performance improvement projects in different industries that generated a total of 2 billion additional EBITDA. On the basis of what you will find in this course, I have trained in person over 100 consultants, business analysts, and managers who now are Partners in PE and VC funds, Investment Directors and Business Analysts in PE and VC, Operational Directors, COO, CRO, CEO, Directors in Consulting Companies, Board Members, etc. On top of that my courses on Udemy were already taken by more than 200 000 students including people working in EY, McKinsey, Walmart, Booz Allen Hamilton, Adidas, Naspers, Alvarez & Marsal, PwC, Dell, Walgreens, Orange, and many others.
I teach through case studies, so you will have a lot of lectures showing examples of analyses, and tools that we use. To every lecture, you will find attached (in additional resources) the Excels as well as additional presentations, and materials shown in the lectures so as a part of this course you will also get a library of ready-made analyses that can, with certain modifications, be applied by you or your team in your work.
Why have I decided to create this course?
Valuation is a pretty difficult task that you have to perform during most strategic projects. You have to master different skills and tools that you will be using during such projects, especially financial modeling, identifying synergies, and potential improvements. Most firms don’t give you the full toolbox that you need during such projects. This may lead to huge frustration during consulting projects that require doing valuation and a lot of inefficiencies.
Therefore, I have decided to create this course that will help students understand or refresh the main skills and tools that they need to do the valuation of companies. The course will give you the knowledge and insight into real-life case studies that will make your life during a consulting project much easier. Thanks to this course, you will know what and how to do when you will have to do company valuation. You will master how to analyze data and draw conclusions from the analyses.
To sum it up, I believe that if you want to become a world-class Management Consultant or Business Analyst you have to have a pretty decent understanding of company valuation. That is why, I highly recommend this course to Management Consultants or Business Analysts, especially those that did not finish business school. The course will help you become an expert in valuation on the level of McKinsey, BCG, Bain, and other top consulting firms.
In what way will you benefit from this course?
The course is a practical, step-by-step guide loaded with tons of analyses, tricks, and hints that will significantly improve the speed with which you understand, and analyze businesses. There is little theory – mainly examples, a lot of tips from my own experience as well as other notable examples worth mentioning. Our intention is that thanks to the course you will learn:
Essential concepts used in valuation
What techniques you can use to estimate the value of the firm
How to create a simple financial model in Excel
How to estimate the value of complex firms with many different business units
How to approach non-operating assets during the valuation
What is Multiplier Arbitrage
You can also ask me any question either through the discussion field or by messaging me directly.
How is the course organized?
The course is divided currently into the following sections:
Introduction. We begin with a little introduction to the course as well as some general info on how the course is organized
Essential Concepts. Every good methodology requires solid foundations. That’s why we will first look at essential concepts that are heavily used in valuation.
Cash Flow. For some valuation methods extremely important is the Cash Flow. In this section, we will look at it in more detail.
Essential Valuation Techniques. In valuation, we will usually use 2 groups of methods. We will discuss them in this section, using a ready-made financial model. Later, you will learn how to create such a model.
Financial Modeling. As you have noticed to do valuation in some cases, we will have to create a financial model. We will see how this can be done relatively easily.
Alternative Valuation Techniques. It’s difficult to estimate the value of the firm if it has low profits and low cash flow. In this section, we will see what alternative methods you can use in such situations.
Valuation of Complex Firms. Many firms consist of many different businesses. Those businesses have different Cash Flows, Profits, and expected growth rates. In this section, we will see how we can approach the valuation of complex firms.
Multiplier Arbitrage. Many firms use the so-called Multiplier Arbitrage to increase the value of a firm. In this section, we will look at the general concept and a case study devoted to this approach.
You will be able also to download many additional resources
1. Useful frameworks and techniques
2. Analyses shown in the course
3. Additional resources
4. Links to additional presentations, articles, and movies
5. Links to books worth reading
At the end of my course, students will be able to…
Understand the main concepts used in company valuation
Estimate the value of different firms
Create in Excel financial models used for valuation
Do the valuation of complex firms (with many business units)
Estimate the value of firms with significant non-core assets
Who should take this course? Who should not?
Management Consultants
Business Analysts
Managers
Financial Analysts
Investment Analysts
Startup Founders
Managers responsible for Acquisitions and Mergers
What will students need to know or do before starting this course?
Basic or intermediate Excel
Basic knowledge of economics
Basic or intermediate knowledge of finance & accounting
