AS
May 18, 2020
Boosts your up-to-date understanding of how strategy and valuation come together. It helped me better understand my PE clients' buy & build strategies from a growth option valuation perspective.
TF
Feb 27, 2020
Demanding at times but overall one of the better courses that make you think before you have to answer. I also enjoyed the ability to do some extra work if you are into honorable certificate.
By Alexander M S
•Feb 25, 2021
Really not a good course! Topics are bad explained and exercises are calculated without rounding but show rounded numbers. Extremely confusing and not well done!
By Sangam P
•Aug 8, 2020
Level of Video Lectures are far below than the level of Final quizes provided here. I'm completely disappointed.
By Lucas C R
•Dec 10, 2020
They do not explain everything they ask on the test. You have to lookup by yourself.
By Javier G C
•Jan 23, 2020
First of all, I started this course as a complementary activity to my bachelor degree's final project but along the days and weeks I became addicted to the way the course was explained and simplified as much as possible, so ended up giving priority to get the certificate instead of focusing on my project.
Thanks to the teachers for providing me with new and additional knowledge of Real Options trough Game Theory, company's valuation, etc.
I'm really happy of finishing my first Coursera course and hope to pass more in the future.
By Carlos R P
•May 26, 2019
The course provides a good framework for option valuation in projects and Private equity, i believe the course is designed either for finance professionals who are already working on private equity , project finance or valuation or for students withthe required background.
the course is practical , given is a 5 week course on a topics that could last more weeks or hours.
Quality of videos is good.
Professor explanation is Very good.
By Bre P
•Mar 4, 2020
Really good course, but there are several incongruences on the peer-reviewed grading directions(Honor's portion) and the questions asked. Instructors should be more objective in what information they want in answers and not expect students to guess what to answer. This forces us to waste time correcting answers that are not wrong per se, but have been downgraded by peer-reviewers that followed the grading directions by the letter.
By Loc T V N
•Sep 27, 2018
This course is insane!!! Help me get such a deep understanding about Corporate Strategy and its correlation with competitors in the market. It emphasizes on valuing assets/ company by using variety of methods and simultaneously illustrates its impact on management's decision. Very straightforward and highly recommended!
By Jörg P H
•Mar 12, 2020
great course for linking valuation and strategy in the mentioned fields, but the knowledge is also applicable in other decisions under uncertainty with major impact with regards to path dependencies i.e. for personal life. I recommend it for finance professionals.
By Filipe C d S
•Jul 23, 2019
It was challanging and the first part might get you frustrated, but the course is rich with resourses and I 100% would recomend this to whom ever wants to learn more about corporate finances.
By Abdallah M
•Dec 27, 2018
perfect course
By Fábio M V S
•May 7, 2020
This course has amazing value for its price.
Professor Hans Smit managed to pack a lot of content into only about 3 hours of videos.
You will still have to supplement the videos with reading and/or online research. In this regard, I suggest reading Chapters 1, 2 and 3; plus, the first parts of Chapters 4 and 5 of the Professor’s “Strategic Investment: Real Options and Games” for a more complete grasp of the theory and concepts discussed in the videos. For more practical examples, I suggest resorting to recent editions of “Principles of Corporate Finance” by Brealey et al. Brealey is especially relevant for those that, like me, never priced options in college or in a professional setting. I have not touched Game Theory in 10 years, but the Professor’s explanations, plus the practice exercises (and some parts of Robert Gibbons’ “Game Theory for Applied Economists”) were enough. Google will also yield decent tutorials.
The course is scheduled for completion in 5 weeks – but I managed to conclude the course in 2 weeks (I skipped the honor assignments), by studying at nights and during my weekends.
The quizzes can be infuriating, because of the rounding criteria – you will get all the exercises right, but the application will rate you with a lesser score, because your rounding is different from the rounding of the instructor. This is especially true in the NPV and ROV quizzes.
The first quiz is incredibly stressful and should not be used as a prelude to the rest of the course. The course is rigorous; but because of the videos, and if you “do your work” (as the Professor says in one of the videos), you will successfully understand the content and how to apply it. So, if the first quiz seems intimidating – do not worry.
In summary – if you love valuation, you will greatly enjoy (and benefit from) this course. The only problems are the first quiz and the rounding problems in the following quizzes.
By Rodrigo G
•Nov 10, 2021
Pretty high/quality level of contents. Too fast explanations for complex concepts.
Comprehensive approach to modern valuation techniques
Great learning experience!
By Seyed A J A
•Aug 30, 2021
EVERYTHING WAS GOOD BUT IF IT HAD A GOOD SLIDES AND SOURCES TO FOCUS MORE ON THE CONTENT, IT WOULD BE EXCELENT
By ADRIEN T
•Apr 23, 2020
Excel support would be appreciated
By Janelle L
•Jul 5, 2020
While I appreciate the knowledge provided by the course (for which I would rate a 5), the execution in delivery took away from the value of the lessons (for which I would rate a 0), thus resulting in giving the course 3 stars. This is a challenging course and the inconsistencies made it unnecessarily more challenging than it needed to be. That said, I am appreciative for what I learned as it aligned with my learning objectives. To those who will take this course, a great deal of time and patience will be needed to navigate the inconsistencies in order to arrive at the golden nuggets of knowledge.
By Alexander W S
•Mar 24, 2021
Han Smith is very difficult to understand in English, even with the subtitles it took some re watching to understand what point was being made. Additionally compared to other finance courses offered by LMU and Yale, this course was more about testing your math and excel skills vs. actually understanding the content. I felt like only about half of what was on the credential quiz was covered in the videos and readings and this required some outside research and studying to actually pass the quiz and understand the content which I did not experience with other courses.
By Carl F
•Aug 26, 2020
While the course provides a great alternative perspective on investment decisions, the course structure could use some improvement. At times, there key pieces of information missing for quizzes. Moreover, it also occurs frequently that there are multiple topics in the exams that have not been touched upon during the course. Overall, this course is interesting, but be aware that a fair amount of previous knowledge is required.
By Ramiro V
•Apr 1, 2021
The content is interesting and very relevant. The videos are nicely done. However, in the assignments there are questions that are not covered neither in the videos nor the readings, resulting in a lot of time wasted re-visiting the material with no success and frustration. Also there is some unnecessary repetition of concepts and others are covered rather quickly.
By Sofiya L
•Dec 30, 2020
The tests are way too hard in relation to the information provided in the course. Many questions are not explained well in the videos or in the reading material
It could be helpful to have a shorter period between test trials
In general, a good course if you are prepared to invest a lot of time in self-learning and looking for additional information
By Njabulo J
•Sep 15, 2020
There was a bit of struggle with answering questions related to numbers.
It was not clear if the number should be entered in full e.g $1000 000 Or entered in short $1m particularly in the first assessment towards the certificate on DCF Valuations.
Other than that, the course was fine.
By prateek p
•Jun 14, 2020
Lot of examples where explained mechanically without giving 100% clarity, for example while calculation option games , the payoff calculation for example was unclear.
By Mauro B
•Apr 20, 2021
I spent all the lesson time reading the subtitles due to the approximate level of English, so I couldn't go through any slide.
By Mustafa Y
•Jun 24, 2021
Waste of time
By Thiago N F
•May 13, 2020
I am quite impressed by this course. Lots of topics covered in a very simple and comprehensive manner. Challenging sometimes and going deeper in some evaluation methods.
Also, very interesting the way the evaluations are structured, providing good insights. The course also joints strategy and financial aspects, making a fantastic mix of contents and different valuation methods whilst providing some case studies.
The course is really demanding, we can expect more than the duration / dedication reported there.
Videos very didactic, examples practical and some hands-on exercises are really appreciated. Also, as it says, the examples and the knowledge acquired also can be applied in our personal lives and personal investments.
I do recommend this course.
Many thanks and congrats for the framing of this course.
By Carlos N V
•Jan 5, 2023
I earned my MBA in 1998, and have performed very little Corporate Valuation work in my career. So it was good to refresh my skills and learn some new things (like option games). However, this is definitely an advanced course. There are simply too many things here that you ned in your toolkit before tackling this course. I found myself digging through my old copy of Brealey Myers to refresh my memory. Also be prepared to answer questions in quizzes and tests on things not covered in the course. Sometimes the slides are blank when you download the PDF. And some concepts are not explained at all. So this course will take some work and some effort. But if you're willing to put in the work, and if you have the proper background, it is a good way to refresh some skills and learn a few new ones.