This class exists in these courses :
• IÉSEG > IESEG Degree - Programme Grande École > Semester 1 > 2,00 ECTS

Prerequisites

Financial analysis of historical figures (profit & loss and balance sheet)
Basic accounting and tax skills
Excel
Company valuation

Learning outcomes

Student should be able to make a financial analysis of historical performance through valuation process. He'll have also to be capable of defining the relevant valuation approach, identifying the proper assumptions and sensitivity ratio to build up the an effective business plan. Finally he should be able to determine a financing model for LBO transaction

Course description

Main topics:
- What is a LBO transaction - context and environment
- Main steps of a company leveraged buyout
- How to determine Entreprise value and Market price
- How to build up a financial model for such a transaction

What you will achieve:
- analysing historical performance
- building in Excel a full financial model for business plan, valuation and financing
- makking your own sell & purchase agreement

Class type

Class structure

Teaching methods

• Interactive class
• Presentation

Assessment

20% for attendance
40% for group case study
40% for final exam (MQC)