Universidad de Jaén

1. Introduction to company valuation.
2. Introduction to Discounted Cashflows Models. 
3. Discount rates. 
4. Future cashflows forecasting. 
5. Multiple-based valuation

The teachers of the course will present the content of each unit in class. Students will be able to make any appropriate question whenever they estimate it necessary. 

Theoretical explanations will be presented with several practical examples that will be solved using spreadsheets. The students will be able to replicate those examples using the data of the companies they will have to value. 

Students with special educational needs should contact the Student Attention Service (Servicio de Atención y Ayudas al Estudiante) in order to receive the appropriate academic support

The grades will be based on four activities:

-Attendance and participation (30%)

Classes will be practical and the attendance is compulsory. 

According to the academic regulation of the University of Jaén, the students will have to attend to a minimum of 80% of the sessions of the course to pass the course. If that requirement is not fulfilled, the student will not be evaluated in the ordinary nor in the extraordinary call. 

Attendance and participation in class will be considered. However, the attendance grade will never exceed the 50% of the total grade of the course. 

Individual exam (30%)

In the last session of the course, the students will solve an individual exam about the theoretical and practical contents of the course. A minimum mark of 10% out of the 30% of the exam will be required to pass the course. 

Valuation essay (30%)

The students will have to write a valuation report of a real company. A minimum mark of 10% out of the 30% of the exam will be required to pass the course. 

-Other activities (10%)

During the classes, the teachers will present other activities that will represent the 10% of the final mark. 

The course will be passed if all these conditions are met:

-Minimum attendance of 80%. 

-Minimum mark of 10% for the individual exam and the valuation report. 

-Minimum mark of 50% for the sum of the marks of all the four activities.  

1. Teaching methodology and training activities

In the case of a multimodal or mixed scenario, if the number of students enrolled in the course does not exceed the capacity available in the designated teaching spaces according to the determined distancing measures, the teaching methodology and training activities will be the same as those applicable in the face-to-face scenario.

If the number of students exceeds the capacity, classes will be taught in person to small groups of students that do not exceed the capacity. Weekly, the group with the right to attend in-person classes will rotate. For the rest of the students, the class will be broadcasted via video conference if the necessary means are available.

The number of students per group will be determined by the MBA Administration based on both the number of enrolled students and the capacity of the designated spaces. It is estimated that this percentage may vary between 25% and 50% of the enrolled students.

1. Evaluation system

The evaluation system will be the same as in the case of face-to-face teaching, with the following modifications:

Attendance will be checked both in person and remotely.

The final evaluation exam will preferably be conducted in person, respecting health distancing measures and capacity limitations. If it is not possible to conduct the exam in person, it will be carried out remotely, and students may be required to record a video of the exam to certify its authorship.

1. Resources

The following resources will be necessary for the implementation of the aforementioned teaching and evaluation activities:

a) Audiovisual transmission system for theoretical and practical classes.

b) Students will need to have the necessary computer and telecommunications equipment to be able to view the broadcasted classes.

c) Communication between faculty and students will be carried out using the systems employed at the University of Jaén, particularly the virtual teaching platform of the University and the Google suite.

1. Teaching methodology and training activities

In the case of a non-face-to-face scenario, classes will be taught remotely, either synchronously or asynchronously.

1. Evaluation system

The evaluation system will be the same as in the case of face-to-face teaching, with the following modifications:

a) The viewing of remote classes will be verified through assessment tests of their content.

b) Group work will be replaced by a set of online evaluative tests, both theoretical and practical.

c) The final exam will be conducted remotely, and students may be required to record a video of the exam to certify its authorship.

1. Resources

The following resources will be necessary for the implementation of the aforementioned teaching and evaluation activities:

a) Audiovisual transmission system for theoretical and practical classes.

b) Students will need to have the necessary computer and telecommunications equipment to be able to view the broadcasted classes, complete evaluation tests, and record corresponding videos.

c) Evaluation tests, especially practical tests, will require the use of spreadsheets. If students do not have the required program, they can access it through the virtual PCs of the University of Jaén.

d) Communication between faculty and students will be carried out using the systems employed at the University of Jaén, particularly the virtual teaching platform of the University and the Google suite.

Institution in charge of data processing: Universidad de Jaén, Campus Las Lagunillas, s/n, 23071 Jaén

Data Protection Delegate: dpo@ujaen.es

Purpose: In accordance with the Universities Law and other national and regional regulations in force, carrying out exams and assessment tests corresponding to the courses students are registered in. In order to avoid frauds while sitting the exam, the exam will be answered using a videoconference system, being able the academic staff of the University of Jaén to compare and contrast the image of the person who is answering the exam with the student's photographic files. Likewise, in order to provide the exam with evidential content for revisions or claims, in accordance with current regulation frameworks, the exam will be recorded and stored.

Legitimacy: compliance with legal obligations (Universities Law) and other national and regional regulations currently in force.

Addressees: service providers who are the owners of the platforms where the exams are carried out and with whom the University of Jaén has signed the corresponding data access contracts.

Storage periods: those established in current in force regulations. In the specific case of exam videoconference recordings, not before the examination records and transcripts are closed or the exam can still be reviewed or challenged.

Rights: you can exercise your right of access, amendment, cancellation, opposition, suppression, limitation and portability by sending a letter to the postal or electronic address indicated above. In the event that you consider that your rights have been violated, you may submit a complaint to the Andalusian Council for Transparency and Data Protection www.ctpdandalucia.es

Person in charge: Universidad de Jaén, Paraje Las Lagunillas, s/n; Tel.953 212121; www.ujaen.es

Data protection delegate (DPO): TELEFÓNICA, S.A.U. ; Email: dpo@ujaen.es

Procedure aim: To manage proper recordings of teaching sessions with the aim of facilitating learning process under a multimodal and/or online teaching

Period for record storage: Images will be kept during legal term according to regulations in force

Legitimacy: Data will be managed according to legal regulations (Organic Law 6/2001, December 21, on Universities) and given consent provided by selecting corresponding box in legal admission documents

Data recipients (transfers or assignments): Any person allowed to get access to every teaching modality

Rights: You may exercise your rights of access, rectification, cancellation, portability, limitation of processing, deletion or, where appropriate, opposition. To exercise these rights, you must submit a written request to the Information, Registration and Electronic Administration Service of the University of Jaen at the address above, or by e-mail to the address above. You must specify which of these rights you are requesting to be satisfied and, at the same time, you must attach a photocopy of your ID card or equivalent identification document. In case you act through a representative, legal or voluntary, you must also provide a document that proves this representation and identification. Likewise, if you consider that your right to personal data protection has been violated, you may file a complaint with the Andalusian Data Protection and Transparency Council www.ctpdandalucia.es