About this Course
4.2
41 ratings
10 reviews
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 17 hours to complete

Suggested: 10 hours/week...
Available languages

English

Subtitles: English, Spanish, Korean
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 17 hours to complete

Suggested: 10 hours/week...
Available languages

English

Subtitles: English, Spanish, Korean

Syllabus - What you will learn from this course

Week
1
Hours to complete
2 hours to complete

Valuation Based on Comparable Firms

In company valuation, the most often used multiples are PER, PBR, and PSR. PER is the ratio of stock price per share to earnings per share. Since most startups have negative earnings, you cannot use PER in starup. It is the reason why you should know PBR or PSR for startup valuation. After this module, you will be able to explain the concept of those multiples and calculate them easily....
Reading
4 videos (Total 14 min), 3 readings, 3 quizzes
Video4 videos
1.1 Valuation Based on Comparable Firms3m
1.2 Valuation Based on Comparable Firms (1) PE Ratio4m
1.3 Valuation Based on Comparable Firms (2) PB Ratio, PS Ratio4m
Reading3 readings
1.1 Slide10m
1.2 Slide10m
1.3 Slide10m
Quiz3 practice exercises
Practice Question 112m
Practice Question 212m
Week 130m
Week
2
Hours to complete
3 hours to complete

Pre & Post-money valuation

Investors often talk about the pre-money or post-money valuation of a company at the time they invest. This module will introduce you to concepts of pre-money and post-money valuation. By the end of this module, you can distinguish pre-money and post-money valuation....
Reading
4 videos (Total 19 min), 5 readings, 5 quizzes
Video4 videos
2.2 Post-money valuation3m
2.3 Rounds of financing (1)7m
2.4 Rounds of Financing (2)4m
Reading5 readings
2.1 Slide10m
Excel Template10m
2.2 Slide10m
2.3 Slide10m
2.4 Slide10m
Quiz5 practice exercises
Practice Question 112m
Practice Question 29m
Practice Question 324m
Practice Question 418m
Week 254m
Week
3
Hours to complete
2 hours to complete

Financial Statements

Financial statements summarize information about a firm. In order to evaluate and diagnose performance for your startup, your first step is to assess the company’s current condition and interpret financial statements. Thus, through this module, you will briefly learn main financial statements: balance sheet, income statement, and cash flow statement. ...
Reading
3 videos (Total 21 min), 4 readings, 3 quizzes
Video3 videos
3.2 Financial Statements (2)6m
3.3 Cash Flow Calculation5m
Reading4 readings
3.1 Slide10m
3.2 Slide10m
3.3 Slide10m
Excel Template10m
Quiz3 practice exercises
Practice Question 118m
Practice Question 215m
Week 327m
Week
4
Hours to complete
3 hours to complete

Cash Flow

In this module, you will learn cash flow identity which consists of cash flow to assets and cash flow to creditors and stockholders. Furthermore, you are able to calculate cash flow. Basically, this module is strongly related to module 3, financial statements. Students are encouraged to review all contents in module 3. Lastly, wrap-up review lecture are provided. ...
Reading
3 videos (Total 22 min), 4 readings, 3 quizzes
Video3 videos
4.2 Cash Flow Calculation5m
4.3 Review8m
Reading4 readings
4.1 Slide10m
4.2 Slide10m
4.3 Slide10m
Excel Template10m
Quiz3 practice exercises
Practice Question9m
Week 430m
Final Quiz6m
4.2
10 ReviewsChevron Right

Top Reviews

By FHJun 1st 2017

Very clear overall at a pace I (non-financial savvy) can accept. But hope to solution to all questions in the future.

By ATOct 22nd 2018

Very useful to understanding the valuation using multiple approach

Instructor

Avatar

Hyun Han Shin

Professor
School of Business

About Yonsei University

Yonsei University was established in 1885 and is the oldest private university in Korea. Yonsei’s main campus is situated minutes away from the economic, political, and cultural centers of Seoul’s metropolitan downtown. Yonsei has 3,500 eminent faculty members who are conducting cutting-edge research across all academic disciplines. There are 18 graduate schools, 22 colleges and 133 subsidiary institutions hosting a selective pool of students from around the world. Yonsei is proud of its history and reputation as a leading institution of higher education and research in Asia....

About the Valuation and Financial Analysis For Startups Specialization

The Startup Valuation and Financial Analysis Specialization teaches two of the most often used methods to find the value of a startup. You’ll learn how to find the value of founder’s ownership before and after additional funding, how to read financial statements and make pro-forma statements, and how to determine the financial health and status of a startup and estimate future earnings and value. You’ll then use various investment criteria, such as Net Present Value (NPV) and Individual Rate of Return (IRR), to make a decision about whether and where to invest your money. Specific topics include: the time value of money, discounted cash flows method, multiple method, financial statements analysis, free cash flows, capital budgeting decision rules and current trends. The Capstone Project will find the value of startups using the methods taught in the course....
Valuation and Financial Analysis For Startups

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.