Oct 27, 2014 aswath damodaran, distinguished author, professor of finance, and david margolis, teaching fellow at the nyu stern school of business, have delivered the newest edition of applied corporate finance. As an example, the table that contains the dividend yields and payout ratios by industry sectors for the most. Jan 02, 2012 he is the author of numerous leading finance books, including the first edition of damodaran on valuation, investment valuation, corporate finance, investment management, investment philosophies, and applied corporate finance, all published by wiley. In corporate finance with professor aswath damodaran, students become familiar with this big picture of corporate finance while also learning the intricate theories and techniques that are crucial to maximizing shareholder value. The objective in corporate finance new york university. Aswath damodaran is a professor of finance at the stern school of business at new york university, and teaches the corporate finance and equity valuation courses in the mba program. About financial modeling damodaran damodaran is a professor at nyu stern and teaches a variety of corporate finance classes on topics that include financial modeling and valuation analysis. Aswath damodaran i am a professor of finance at the stern school of business at nyu. Taught by valuation guru aswath damodaran, this program provides the fundamentals of the different valuation approaches, an understanding of the limitations. The life cycle stage 2 young growth stage 1 startup stage 4 mature growth stage 6 decline revenues. Aswath damodaran, distinguished author, professor of finance, and david margolis, educating fellow on the nyu stern school of enterprise, have delivered the newest model of applied corporate finance. I describe myself as a teacher first, who also happens to love untangling the puzzles of corporate finance and valuation, and writing about my experiences. Aswath damodaran, distinguished author, professor of finance, and david margolis, teaching fellow at the nyu stern school of business, has delivered the newest edition of applied corporate finance. Corporate finance with aswath damodaran nyu stern executive.
But if you ask me what to take first, then obviously corporate finance and then advanced valuation class. He has been called wall streets dean of valuation, and is widely respected as one of the. Download applied corporate finance, 4th edition pdf ebook. By anupam nagar valuation guru aswath damodaran says companies, like human beings, have a life cycle and a firms valuation should be able to reflect its position in the lifecycle.
Whether youve loved the book or not, if you give your honest and detailed thoughts then people will find new books that are right for them. Below are chegg supported textbooks by aswath damodaran. Throughout the text, real companies and real data are used in examples and exercises. Aswath damodaran holds the kerschner family chair in finance education and is professor of finance at new york university stern school of business. See the complete profile on linkedin and discover aswaths. As a result, when defined broadly, every business decision fits under the rubric of corporate finance. This web site gives you access to the rich tools and resources available for this text. A philosophical basis for valuation it was oscar wilde who described a cynic as one who knows the price of everything, but the value of nothing. A narrower objective is to maximize stockholder wealth.
Aswath damodaran is a professor of finance at the stern school of business at new york university, and teaches the corporate finance and equity valuation. I teach classes in corporate finance and valuation, primarily to mbas, but generally to anyone who will listen. See all articles by aswath damodaran aswath damodaran. Other readers will always be interested in your opinion of the books youve read. He is the author of numerous leading finance books, including the first edition of damodaran on valuation, investment valuation, corporate finance, investment management, investment philosophies, and applied corporate finance, all published by wiley. Valuation with aswath damodaran nyu stern executive education. Aswath damodaran professor nyu stern school of business. Aswath damodaran, distinguished author, professor of finance, and david margolis, teaching fellow at the nyu stern school of business, has delivered the.
When the stock is traded and markets are viewed to be ef. Damodaran, professor of finance at nyus stern school of business, compares a companys life cycle to the human development stages. Many acquisitions and some large strategic investments are often justified with the argument that they will create synergy. Stock price is easily observable and constantly updated unlike other measures of performance, which may not be as easily observable, and certainly not updated as frequently. It worked out this way who would imagine corporate finance to be interesting. Aswath damodaran, distinguished author, professor of finance, and david margolis, teaching fellow at the nyu stern school of business, have delivered the newest edition of applied corporate finance this readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. If you are doing a shorter course, you may prefer this condensed version which i use for an executive corporate finance class of about 6 sessions 3 hours each. Aswath damodaran is nationally recognized for his teaching approach, using theory and the models that flow from it to understand, analyze and solve problems. The book stayed true to its objectives and made applying theories and. Corporate finance by aswath damodaran lecture 1 youtube. He is a wellknown professor in the field of finance and focuses on valuationvaluationvaluation refers to the process of determining the present worth of a company or. It actually works well with a quarterlength course, where you want to move at a more leisurely pace.
There are as many models for valuing stocks and businesses as there are analysts performing valuations. Taught by valuation guru aswath damodaran, this program provides the fundamentals of the different valuation approaches, an understanding of the limitations of each approach, and examples of each of the applications. This text is intended for the corporate finance course at the mba level, but it can also be appropriate for undergraduates at higher level schools. I am a teacher first, who also happens to love untangling the puzzles of corporate finance and valuation, and writing about my experiences. Aswath damodaran has published four books on equity valuation damodaran on valuation, investment valuation, the dark side of valuation, the little book of valuation and two on corporate finance corporate finance. Corporate finance is universal aswath damodaran 15. Consequently, i divide my discussion of corporate finance into five areas. Every business, small or large, public or private, us or emerging market, has to make investment, financing and dividend decisions. Aswath damodaran is a professor of finance at the stern school of business at new york university kerschner family ch applied corporate finance. I imagined it to be a dull and generally worthless subject however aswath damodaran s lectures are entirely different corporate finance is, curiously enough a very interesting subject.
Books by aswath damodaran author of the little book of. I teach classes in corporate finance and valuation, primarily to mbas. Professor aswath damodaran is currently a professor of finance at nyus stern school of business. He teaches the corporate finance and valuation courses in the mba program as well as occasional shortterm classes around the world on both topics. Corporate finance by aswath damodaran archives finance train. Aswath damodaran is a professor of finance at the stern school of business at new york university kerschner family chair in finance education, where he teaches corporate finance and equity valuation.
He could very well have been describing some equity research analysts and many investors, a surprising number of whom subscribe to. Damodaran, aswath, the value of synergy october 30, 2005. The objective in decision making in traditional corporate. Professor aswath damodaran is a professor of finance at the stern school of business at new york university. He is a wellknown professor in the field of finance and focuses on valuation valuation valuation refers to the process of determining the present worth of a company or an asset. Aswath damodaran once again proved why he is one of the best professors in finance.
The first is the objective function, where we define what exactly the objective in decision. Corporate finance with aswath damodaran new york university. Damodaran on valuation second edition corporate finance. The book, though, a little less fun than the lectures is an excellent textbook. Aswath damodaran says valuation is not just a number. This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or.
The project details corporate governance analysis the classical viewpoint the objective in decision making maximizing shareholders wealth shareholder interests vs. This readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. Aswath damodaran is considered as an authority on both valuation and corporate finance. Jul 17, 2018 professor aswath damodaran is currently a professor of finance at nyus stern school of business. He treats corporate finance as a living discipline by making it much more applied than other textbooks. Jun 26, 2019 aswath damodaran is considered as an authority on both valuation and corporate finance. Course is available on the above website of symynd category. Aswath damodaran born 23 september 1957, sometimes known as the dean of valuation, is a professor of finance at the stern school of business at new york university kerschner family chair in finance education, where he teaches corporate finance and equity valuation. In this paper, we consider the various sources of synergy and categorize them into operating and financial synergies. To be fair, it is true that corporate financial theory has made advances in taking. Corporate finance is only a few decades old, and people have been running businesses for thousands of years.
His research interest lie in valuation and applied corporate finance. Before coming to stern, he also lectured in finance at the university of california, berkeley. Dont miss his classes on valuation for heavens sake. Aswath damodaran 4 the objective in decision making in traditional corporate. My name is aswath damodaran and i teach corporate finance and valuation at the stern school of business at new york university. Nyu stern aswath damodaran kerschner family chair in. Corporate finance is or should be at the core of business education everywhere and i am not being biased.
Sep 19, 2018 aswath damodaran i am a professor of finance at the stern school of business at nyu. This video is a part of online course on corporate finance by professor aswath damodaran of nyu. Corporate finance spring 2014 free course by new york. This is a course of 36 short webcasts about 1220 minutes apiece, designed both to capture what i do in my regular semesterlong corporate finance class and. Every choice a corporation makes has financial implications. Welcome to the web site for applied corporate finance, 4th edition by aswath damodaran. He is best known as author of several widely used academic and practitioner texts on valuation, corporate finance, and investment management. Which class by aswath damodaran should we take first. The evolulon of uncertainty stage 2 young growth stage 1 startup. The objective in corporate finance for all of these businesses remains the same. Applied corporate finance 4th aswath damodaran download. Written by renowned teacher, author, and valuation authority aswath damodaran, and fully revised and updated from its topselling first editionwhich has become the essential reference for any professional needing accurate and reliable valuation informationthis invaluable book now provides you with. Live online tutoring for professor aswath damodarans.
In my biased view, corporate finance is the ultimate big picture class. Aswath damodaran, distinguished author, professor of finance, and david margolis, teaching fellow at the nyu stern school of business, has delivered the newest edition of applied corporate finance this readable text provides the practical advice students and practitioners need rather than a sole concentration on debate theory, assumptions, or models. Damodaran is a professor at nyu stern and teaches a variety of corporate finance classes on topics that include financial modeling and valuation analysis. Financial modeling damodaran corporate finance institute. It lays out the financial principles that govern how businesses, small or large, public or private, should make choices and decisions. View aswath damodarans profile on linkedin, the worlds largest professional community. Valuation with aswath damodaran nyu stern executive. Seng the table in october 20 aswath damodaran twitter.
557 1369 702 1091 321 1048 1308 951 546 610 704 390 748 588 403 1485 139 61 640 1293 1231 1349 516 365 946 906 801 462 1245 1471