Principles of Financial Valuation for Projects

Principles of Financial Valuation

 

Course Overview:

Investing is influenced by both rationality arising from the analysis of available data, and emotions, which are based on gut feel. This course focuses on the rational part of investing; namely, measuring risk, constructing a diversified portfolio, cash flow analysis, understanding the bond and share market, and valuation. The course is aimed at individuals dealing with investment and asset management as part of their work, and is designed to be highly interactive.

The course is organised around 10 modules of about 1-1.5 hours each over two days covering the key components of investing as well as applications. Topics include:

  • Defining and measuring risk
  • Investing under uncertainty
  • Diversification
  • The time value of money
  • The bond market
  • The share market
  • Accounting principles and cash flow construction
  • Identify costs and benefits
  • Choosing the discount rate
  • Valuing an investment

Course material: references and handouts will be distributed to students prior to or on the day of the course.

Prerequisites: none. Some working knowledge of Excel is useful but not essential.

Who Should Attend:

Anyone making financial decisions as part of his/her work or for personal interest.

 

Course Outline:

DAY ONE
Defining and measuring risk
Investing under uncertainty
Diversification
The time value of money
The bond market
The share market

 

DAY TWO
Accounting principles and cash flow construction
Identify costs and benefits
Choosing the discount rate
Valuing an investment

 

 


Presenter:

 

Professor Massimiliano Tani

Professor Massimiliano Tani

Professor Massimiliano (Max) Tani teaches graduate level Finance at UNSW Canberra.  Max carries out applied research with an economic angle and business/policy implications, mostly related to individual decision-making.

Max is a member of the Public Service Research Group (PSRG), within the School of Business UNSW Canberra.  Max has a PhD in Economics from the Australian National University (Canberra, Australia), a MSc Econ. from the LSE and Laurea from Bocconi University (Milan, Italy). Before moving to Australia in 1999 Max had a previous life in investment banking in the UK for a decade.

The course Making Cost-Benefit Analysis (CBA) Work For You combines teaching techniques and research insights from across Max's broad academic and professional background.


 

Class size:

Maximum 20 students

 

Standard Price:

$1878*

*  Please note that a discounted rate may be available in special circumstances and to Defence employees.  Please contact PSRG at PSRGinfo@unsw.edu.au for further information.

 

Location: 

UNSW Canberra

 

What you will receive: 

Tea/Coffee on arrival, morning tea, lunch, afternoon tea

 

COURSE AVAILABILITY