Viðskiptadeild
Deildarforseti:Dr. Friðrik Már Baldursson
Vefpóstur:vd@ru.is
Vefsíða:http://www.ru.is/vd
KennararSkoða
MSc í viðskiptafræði
Annir:4
Ár:2
Einingar:120
HæfniviðmiðSkoða
Táknmyndir
Skyldufag á brautKennslutungumál
Valfag á brautUndanfarar fyrir námskeið
Prenta
Haustönn/Fall 2019
Nánari upplýsingarCreative Approaches and Entrepreneurial MindsetsValnámskeiðV-702-CREM7,5 Einingar
Nánari upplýsingarFundamentals in Tourism and Hospitality ManagementValnámskeiðV-704-FTHM7,5 Einingar
Nánari upplýsingarFinancial Reporting and Accounting Standards IValnámskeiðV-705-FIR17,5 Einingar
Nánari upplýsingarAuditing, Auditing Standards and Ethics in Accounting and AuditingValnámskeiðV-706-AUD17,5 Einingar
Nánari upplýsingarStrategic ManagementSkyldaV-712-STJO7,5 Einingar
Nánari upplýsingarOrganizational PsychologyValnámskeiðV-715-ORPS7,5 Einingar
Nánari upplýsingarAdvanced Business InformaticsValnámskeiðV-725-ABIN7,5 Einingar
Nánari upplýsingarStaffing: from recruitment to terminationValnámskeiðV-730-STRT7,5 Einingar
Nánari upplýsingarLabour lawValnámskeiðV-731-LALA3,75 Einingar
Nánari upplýsingarChange management and leadershipSkyldaV-736-CMLE7,5 Einingar
Nánari upplýsingarInternational MarketingValnámskeiðV-736-INMA7,5 Einingar
Nánari upplýsingarAdvanced and digital marketingValnámskeiðV-738-ADDM7,5 Einingar
Nánari upplýsingarEnterprise ArchitecturesValnámskeiðV-746-ENAR7,5 Einingar
Nánari upplýsingarInternshipValnámskeiðV-748-INTE7,5 Einingar
Nánari upplýsingarCorporate FinanceValnámskeiðV-765-CORP7,5 Einingar
Nánari upplýsingarCorporate TaxationValnámskeiðV-772-TAX17,5 Einingar
Nánari upplýsingarAdvanced Topics in Emerging TechnologiesValnámskeiðV-795-ATET7,5 Einingar
Nánari upplýsingarPerformance ManagementValnámskeiðV-830-PEMA3,75 Einingar
Nánari upplýsingarPortfolio ManagementValnámskeiðV-862-PORT7,5 Einingar
Nánari upplýsingarEquity AnalysisValnámskeiðV-863-EQUI7,5 Einingar
Ár
1. árPrenta
ÖnnHaustönn/Fall 2019
Stig námskeiðsÓskilgreint
Tegund námskeiðsValnámskeið
UndanfararEngir undanfarar.
SkipulagEkkert skráð skipulag.
Kennari
Már Wolfgang Mixa
Lýsing
 The focus of this course is on the financial analysis and valuation of companies. Therefore the course provides students with essential knowledge in equity valuation and develops skills and competences to apply this knowledge. The following topics and concepts are covered: The course is segmented into major sections. It starts with a discussion of the drivers of corporate value, specifically return on invested capital (ROIC) and organic revenue growth. Based on this, it examines how to build an ROIC-based valuation model in conjunction with a free cash flow to firm (FCFF) model. Following that it covers financial analysis using data from the annual report based on traditional competitive benchmarking and to current metrics such as return on invested capital (ROIC) and economic profit. The primary goal is to build a true understanding of operating performance across business units and for the entire company. Having covered the above elements, the course focuses on building an integrated valuation model using discounted cash flow. This section of the course starts with the fundamentals of forecasting, how to determine the appropriate forecast period, and issues related to continuing value. It covers the weighted average cost of capital, focusing on how to estimate the inputs. The final section discusses alternatives to DCF valuation, such as multiples analysis to triangulate DCF valuation and comparison to investment strategies of major investors.
Námsmarkmið
Knowledge: Collection of facts, concepts, theories and techniques acquired by students. The student should:
- Know how to reorganize a financial statement
- Know how to assess past performance
- Know how to evaluate cash flow streams
- Understand the concept of valuation by multiples and how to calculate multiples
- Understand the concept of cost of capital
- Know the potential drivers of corporate value

Skills: The ability to apply knowledge to different setting in equity valuation. The student should:
- Be able to reorganize a financial statement
- Be able to calculate and apply multiples
- Be able to estimate cost of debt, cost of equity and WACC
- Be able to build a robust EP valuation model
- Be able to build a robust FCFF valuation model
- Identify and analyze the drivers of corporate value

Competences: The ability to apply knowledge and skills in equity valuation. The student should be able to:
- Analyze and interpret past performance
- Evaluate new projects and entire firms from a shareholder’s perspective
- Use results of valuation models in corporate decision making
- Analyze the impact of corporate decisions and of developments in the firm’s environment on corporate value
- Critically assess the limitations valuation models

Námsmat

Lesefni
Ekkert skráð lesefni.
Kennsluaðferðir

TungumálEnska
Nánari upplýsingarMeistararitgerð/hlutaskilValnámskeiðV-888-THHL7,5 Einingar
Nánari upplýsingarResearch ProposalSkyldaV-898-REPR0 Einingar
Nánari upplýsingarMeistararitgerðSkyldaV-898-THES30 Einingar
Nánari upplýsingarSkiptinámValnámskeiðX-699-EXCH30 Einingar
Vorönn/Spring 2020
Nánari upplýsingarSamþætt verkefni I ; hugmynd og hönnunValnámskeiðT-800-INT18 Einingar
Nánari upplýsingarGlobal Issues in Travel and TourismValnámskeiðV-711-GLTT7,5 Einingar
Nánari upplýsingarConsumer BehaviorValnámskeiðV-712-COBE3,75 Einingar
Nánari upplýsingarInnovation ManagementValnámskeiðV-713-INNM7,5 Einingar
Nánari upplýsingarEntrepreneurship and Innovation in ContextValnámskeiðV-715-ENIC3,75 Einingar
Nánari upplýsingarGreining og stjórnun viðskiptaferlaValnámskeiðV-716-BPMA7,5 Einingar
Nánari upplýsingarFixed Income AnalysisValnámskeiðV-716-FINC3,75 Einingar
Nánari upplýsingarStjórnun og eftirlitskerfiValnámskeiðV-717-CPMA7,5 Einingar
Nánari upplýsingarImplementation of information systemsValnámskeiðV-717-IMIS3,75 Einingar
Nánari upplýsingarFjármál og frumkvöðlastarfssemiValnámskeiðV-733-ENTR7,5 Einingar
Nánari upplýsingarInternational and labour economicsValnámskeiðV-733-ILEC7,5 Einingar
Nánari upplýsingarBranding and Strategic MarketingSkyldaV-741-BRAN7,5 Einingar
Nánari upplýsingarStrategic HRM and MetricsValnámskeiðV-745-STRA7,5 Einingar
Nánari upplýsingarBusiness Research MethodologySkyldaV-746-REME7,5 Einingar
Nánari upplýsingarÞættir í fjármálastjórnun fyrirtækjaValnámskeiðV-763-COR27,5 Einingar
Nánari upplýsingarGerð reikningsskila og staðlar um reikningsskil IIValnámskeiðV-765-FIR27,5 Einingar
Nánari upplýsingarApplied DerivativesValnámskeiðV-766-APDE7,5 Einingar
Nánari upplýsingarSamstæðureikningsskil fyrirtækjaValnámskeiðV-767-SARE7,5 Einingar
Nánari upplýsingarBusiness research methodology in accounting and financeValnámskeiðV-782-BRMA7,5 Einingar
Nánari upplýsingarRekstrargreining og viðskiptagreindValnámskeiðV-784-REK57,5 Einingar
Nánari upplýsingarFélaga- og fjármunarétturValnámskeiðV-802-BULA7,5 Einingar
Nánari upplýsingarTourism MarketingValnámskeiðV-840-TOMA7,5 Einingar
Nánari upplýsingarTraining and DevelopmentValnámskeiðV-840-TRDE3,75 Einingar
Nánari upplýsingarReikningshald, afleiður og aðrir fjármálagerningarValnámskeiðV-871-AFLE7,5 Einingar
Nánari upplýsingarMeistararitgerð/hlutaskilValnámskeiðV-888-THHL7,5 Einingar
Nánari upplýsingarResearch ProposalSkyldaV-898-REPR0 Einingar