Aswath Damodaran’s Valuation Class

Starting on March 2nd, we will run a 13-week long replicated class of Aswath Damodaran’s Valuation, imitating a real-life experience of his MBA students at the New York University Stern School of Business. We will cover Discounted Cashflow Valuation, Relative Valuation and Private Company Valuation as well as Real Options, Acquisition Valuation and Value Enhancement.

REGISTER HERE

Valuation is a craft that you learn by doing.

“In a science, if you get the inputs right, you should get the output right. The laws of physics and mathematics are universal and there are no exceptions. Valuation is not a science. In an art, there are elements that can be taught but there is also a magic that you either have or you do not. The essence of an art is that you are either a great artist or you are not. Valuation is not an art. A craft is a skill that you learn by doing. The more you do it, the better you get at it. Valuation is a craft.”

Aswath Damodaran, professor, NYU Stern School of Business

As a student in this class, you will be asked to watch webcasts of professor’s lectures (≈3 hours per week) prior to coming to our sessions, which will then have a form of a regular exercise session, allowing you to discuss the material, ask questions and practice. We will be using Professor Damodaran’s original materials only. Our session will be occasionally accompanied by live Skype sessions with Professor Aswath Damodaran himself. The course is held in English and is free of charge. Participants who attend at least 75% of the sessions will obtain a Certificate of Attendance issued by CERGE-EI.

valuation

Check out the class website and the syllabus:

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/equity.html

http://www.stern.nyu.edu/~adamodar/pdfiles/eqnotes/eqsyllfall15.pdf

Before our first session, please watch first two lectures. If you have a good Internet connection, you can watch it directly on the NYU Stern Mediasite platform (recommended) or you can watch it on YouTube:

Lecture #1:

http://nyustern.mediasite.com/Mediasite/Play/5fc47eb2c88d42aabec365df2e4717de1d

https://youtu.be/CgNbYWCAlKk?list=PLUkh9m2Borqma-Vd1HXOKgpoQ5A9DsdUT

Lecture #2:

http://nyustern.mediasite.com/Mediasite/Play/30cc9103aa514c239889f0e531b1a8291d

http://youtu.be/Oed9lDWLNf0