Seminar Profile
| General Details | |
|---|---|
| Title | Seminar Corporate Finance |
| Course code(s) | 374026 |
| Offered | SoSe 24 |
| Course availability | only summer term |
| Course content | Company valuation |
| Target Group | MSc WiWi PO 2018; MSc WiIng PO 2018: Area Finance, Banking & Insurance (Major und Minor) |
| Number of participants | 20 |
| Language | German (English possible upon prior request); Please see the Notes! |
| Location | External seminar with industry partner |
| Industry partner | PWC and a partnering company |
| Timetable | Block event |
| Completion of term paper | During the term |
| Requirements and Support | |
| Objectives | In this empirically oriented seminar, students work on practice-related questions of company valuation with the help of numerical software (Matlab, R, Python). Subsequently, the results are evluated economically and presented scientifically. |
| Prerequisites | BWL III / Foundations of Valuation |
| Introductory course to academic research | An introduction to scientific work at the Institute for Banking and Finance and Programming in R(170504 / 271042 / 374027) is mandatory. This takes place after the binding registration. Further information will be announced during the introductory event. |
| Formal guidelines | Guidelines for the preparation of scientific papers are available in Stud.IP. |
| General literature | Berk, J. B., & DeMarzo, P. M. (2007). Corporate finance. Pearson Education. Brooks, C. (2014). Introductory econometrics for finance. Cambridge: Cambridge University Press. Inselbag, I., Kaufold, H (1997). Two DCF approaches for valuing companies under alternative financing strategies. Journal of Applied Corporate Finance 10 (1), 114 - 122. Levi, Y., Welch, I. (2017). Best Practice for Cost-of-Capital Estimates. Journal of Financial and Quantitative Analysis 52 (2), 427 - 463. |
| Basic literature to introduce each topic | Yes |
| Methodology | An empirical research or a simulation study |
| Specialised software | R / Python or similar statistical software |
| Recommended word processing software | LaTeX / MS Word |
| Page count | 24 (group of 3), 20 (group of 2), 16 (alone) |
| Meeting(s) to discuss outline | Multiple possible |
| Performance requirements / evaluation [indicate weighting] | Attendance during presentation session is required, consists of a written part and a presentation performance |
| Examiner | Prof. Dr. Dierkes |
| Contact person | M.Sc. Brian von Knoblauch |
| Group Assignments and Topics | |
| Group work | Required |
| Group size | 2 - 3 |
| Group formation | Based on preferences of the students, allocation by the institute |
| Topics | The topics will be announced at a presentation event. Further information can be found in Stud.IP. |
| Topic allocation | Based on preferences |
| Type of advance registration | Form filled out in ILIAS (Link will be available in Stud.IP) |
| Schedule | |
| Pre-registration / Application | - |
| Kick-Off-Meeting | probably 03.05.2025. Details will be announced via Stud.IP. |
| Topic assignment | probably 08.04.2025 |
| Binding registration | probably 11.04.2025 |
| Commencement of seminar paper | probably 14.04.2025 |
| Submission of seminar paper | 26.05.2025 (6 weeks processing time) |
| Submission of presentation | No later than one day before presentation day. |
| Presentations | Expected calendar week 23 - week 25. Details will be announced via Stud.IP. |
| Additional Notes | |
The seminar is held in cooperation with the management consultancy PwC and a partner company. As part of the joint cooperation, three 90-minute events will be held in which PwC will introduce cash flow planning and discounted cash flow methods. The three events are expected to take place at weekly intervals in the first three weeks of the processing time. (As soon as the dates have been finalised, we will announce them here and on StudIP.) Participation in the workshops is mandatory for seminar participants. Further information and documents will be published on StudIP. Please note that the whole seminar will be held in German language. Writing your seminar paper in English is possible upon request. However, please still be aware that your presentation should be held in German. | |
