CFI Business Valuation Modeling Course

Who should take this corporate business valuation course?

This online class is designed for professionals working in private equity, investment banking, corporate development, and other areas of finance and accounting.  The course provides both foundational building blocks for beginners and covers more advanced aspects of valuation for experienced practitioners.

Recommended Prerequisites

You are expected to have either completed the stated prerequisite course(s) or possess the equivalent knowledge prior to enrolling in this course:

  1. Accounting Fundamentals
  2. Reading Financial Statements
  3. Excel Crash Course
  4. Building a Financial Model in Excel

Business valuation modeling course overview

This business valuation course provides participants with the skills needed to perform detailed business valuation modeling using three main methods: Comps, Precedents and DCF Analysis. The valuation training provided in this series will be particularly valuable to those who are looking for a detailed and step-by-step explanation of how to value a company based on comparable companies, past M&A transactions and a Discounted Cash Flow Model (DCF).

Business valuation course learning objectives:

  • Understand the difference between equity value and enterprise value
  • Learn how to calculate various equity and enterprise value multiples
  • Understand the drivers of equity multiples and value a business using equity multiples
  • Calculate and analyze valuation multiples
  • Learn the most common multiples: EV/Revenue, EV/EBITDA, EV/EBIT, P/E
  • Know when each type of multiple is appropriate to use
  • Appreciate the drivers of equity and enterprise multiples
  • Value a company using comparable company analysis
  • Value a company using precedent M&A transactions
  • Learn how to value a business using discounted cash flow techniques.
  • Complete Excel-based case studies and solutions as well as a PDF valuation reference guide that can be used while taking the course and downloaded to your computer for future reference.
  • Calculate free cash flows to the firm and to equity
  • Outline the main drivers of free cash flows
  • Value a business using a two-stage DCF valuation model
  • Learn how to calculate the cost of equity, cost of debt and the weighted average cost of capital.
  • Calculate Beta in an Excel spreadsheet
  • Calculate an organization’s weighted average cost of capital (WACC)
  • Create a football field chart to summarize the various valuation methods used in the analysis: Comps, Precedents, DCF

Financial modeling and analyst training

For beginners to advanced users, this corporate valuation modeling course is designed to teach you how to be a complete financial analyst.  This class is one of the 9 required “Core” courses for CFI’s financial analyst training program, which grants the Financial Modeling & Valuation Analyst (FMVA) certification.