This subject provides students with practical knowledge of the issues involved in the valuation of a business and its equity. This firstly includes a fundamental understanding of the activities of the business and the reasons for undertaking the valuation. These issues are explored before various valuation methodologies are outlined and demonstrated. The technical and practical issues involved in valuation are discussed, as are the limitations of the various methodologies and the qualitative issues that may affect them. Students practically apply this knowledge by conducting their own analysis and valuation of a company as part of their assessment tasks. For more information, please refer to the subject outline.