Valuation Course An Introductory Course to Measuring the Value of Companies

Welcome to the Valuation Course. Most business decisions require both strategic and financial analysis to assess the implications for shareholder value. Therefore, it is essential for all business managers to master a core set of financial analysis and valuation skills. To help you develop these skills, McKinsey & Company has created a 7-module course with 6.5 hours of instruction. In this course, you will learn: How to identify key drivers in value creation How to understand how changes in performance or strategy will affect the value of a company How to conduct detail historical analysis of a company's performance How to estimate weighted average cost of capital (WACC) How to complete free cash flow forecasts Concepts and terms such as NOPLAT, invested capital, free cash flow, and ROIC How to estimate value created over an explicit forecast period To use a valuation model spreadsheet to estimate a company's equity value using a free cash flow approach