Course 3: Lecture 003/2020



Course Description

Title:  Basics of Free Cash flow valuations

Date:  TBA

Time:   18:00 to 20:00

Course fee: 450 per student

Target Audience: , 3rd years , CTA students and ITC candidates

Course preparatory reading: to be provided to students that register for the course

A detailed discussion of the principles governing the determination of free cash flows and discount rates for free cash flow. We will examine the basis on which free cash flows are calculated and the conceptual reasoning behind the calculation of free cash flow to the firm and free cash flow to equity. When the students are equipped with the principles we will discuss the use of free cash flows in valuing companies and tie back to the lecture on how information is given (Lecture 001/2020)