Mail: ef@unze.ba / Phone: (+387 32) 460 467, 460 444

Company valuation

Study: First cycle

Year: Fourth year

Semester: Eighth semester

Professor: Prof. Ph.D. sc. Jasmina Džafić

Section:      Accounting and auditing management

ECTS:          6

Exam results

Course content

  1. Data collection and analysis
  2. Estimating the value of the company through the yield model
  3. Valuation of the company through the market model
  4. Estimating the value of a company through a cost model
  5. Final assessment activities
  6. Leverage and capital structure
  7. Theoretical and methodological analysis of financial instruments

Objective of the course

The goal of the course is for students to become familiar with the basic methods of company valuation, i.e. of the company's assets and to give a brief overview of each item of assets. The goal is also to show through practical examples how the value of a company is concretely determined.

 

Teaching methods

  1. Lectures
  2. Exercises
  3. Seminar papers
  4. Consultations
 

Knowledge testing methods

  • First test (written) – 40 points
  • Second test (written) – 40 points
  • Simulations (presentations) – 10 points
  • Attendance of students - 10 points    

Competences

  1. Ability to understand enterprise valuation models
  2. Analyzing the influence of the capital structure and the cost of capital and the dividend policy on the value of the company
 

Literature

  1. Alihodžić, A., 2011. Portfolio analysis: theoretical and methodological aspects of investing in securities. Zenica: Faculty of Economics - University of Zenica
  2. Buble, M., Kulović, Dž. and Kuzman, S., 2010. Due diligence and enterprise valuation. Sarajevo: Kemigrafika
  3. Mulić, M., 1999. Securities, investment opportunities and risks. Sarajevo: Central profit bank dd Sarajevo
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