The main student output for the course is one of the following three types of analyses/reports:
1.) application of sophisticated business performance metrics and models to evaluate the performance of an actual firm or business unit over a three year period of time;
2.) application of at least DCF and relative valuation models, enhanced with sensitivity analysis and stress testing, to arrive at a buy, sell or hold recommendation for a specific stock or bond
3.) application of at least DCF, relative valuation and M&A LBO models, enhanced with sensitivity analysis and stress testing, to arrive at a proposed pricing for an actual merger that will reasonably share the value added between the parties.
The emphasis in this project is application of the financial modeling skills developed during the course and showing that you can apply finance theory, analytics and modeling to practical issues.