700.901 (16S) Value based Management

Sommersemester 2016

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First course session
05.04.2016 08:00 - 10:00 S.0.05 On Campus
... no further dates known

Overview

Lecturer
Course title german Value based Management
Type Lecture - Course (continuous assessment course )
Hours per Week 1.0
ECTS credits 2.0
Registrations 6 (40 max.)
Organisational unit
Language of instruction German
Course begins on 05.04.2016

Time and place

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Course Information

Course content

The key issue of value-based management is to prioritize those decisions which contribute to firm value. Besides a certain managerial mind-set value-based management also comprises various metrics (like economic value added®) and instruments directed to measure and deliberately affect firm value. The course provides an introduction to value-based management including value-based metrics and value-based management compensation. In the course, the key features of value-based management are analysed and its consequences are discussed.

Topics

  • Idea and background of value-based management
  • Basic principles of valuation, esp. net Present Value and discounted cash flow
  • Principles of residual income-based metrics
  • Examples of residual income-based metrics (economic value added, cash flow return on investment)
  • Value-based management compensation
  • Critical assessment of value-based management
  • Shareholder value vs. stakeholder value

Literature

Young, S. David; O’Byrne, Stephen F.: EVA and Value-Based Management: A Practical Guide to Implementation, New York et al. 2000 (McGraw-Hill) Brealey, Richard A.; Myers, Stewart C; Allen, Franklin: Principles of Corporate Finance, 11th Global Edition, Maidenhead et al. 2014 (McGraw-Hill Education)

Course content

The key issue of value-based management is to prioritize those decisions which contribute to firm value. Besides a certain managerial mind-set value-based management also comprises various metrics (like economic value added®) and instruments directed to measure and deliberately affect firm value. The course provides an introduction to value-based management including value-based metrics and value-based management compensation. In the course, the key features of value-based management are analysed and its consequences are discussed

Topics

  • Idea and background of value-based management
  • Basic principles of valuation, esp. net Present Value and discounted cash flow
  • Principles of residual income-based metrics
  • Examples of residual income-based metrics
  • (economic value added, cash flow return on investment)
  • Value-based management compensation
  • Critical assessment of value-based management
  • Shareholder value vs. stakeholder value

Literature

Young, S. David; O’Byrne, Stephen F.: EVA and Value-Based Management: A Practical Guide to Implementation, New York et al. 2000 (McGraw-Hill) Brealey, Richard A.; Myers, Stewart C; Allen, Franklin: Principles of Corporate Finance, 11th Global Edition, Maidenhead et al. 2014 (McGraw-Hill Education)

Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Assessment criteria / Standards of assessment for examinations

Oral presentation and written examination (paper-based or electronic, depending on the number of examinees)

Assessment criteria / Standards of assessment for examinations

Oral presentation and written examination (paper-based or electronic, depending on the number of examinees)

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Masterstudium Information and Communications Engineering (ICE) (SKZ: 488, Version: 15W.1)
    • Subject: Management and Economics : Fundamentals (WI) (Compulsory subject)
      • Value based Management ( 0.0h VK / 2.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)
  • Masterstudium Information and Communications Engineering (ICE) (SKZ: 488, Version: 15W.1)
    • Subject: Lehrveranstaltungsauswahl (siehe Seite 19 des Curriculums) (WI) (Compulsory elective)
      • Lehrveranstaltungsauswahl ( 0.0h XX / 6.0 ECTS)
        • 700.901 Value based Management (1.0h VC / 2.0 ECTS)

Equivalent courses for counting the examination attempts

Sommersemester 2024
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2023
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2022
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2021
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2020
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2019
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2018
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)
Sommersemester 2017
  • 700.901 VC Value based Management (1.0h / 2.0ECTS)