ØAADM4200 International Strategy in a Global Economy Course description

None

Fred Strønen

After completing the course, the student should have the following overall learning outcomes defined in terms of knowledge, skills and general competence:

Knowledge

The student

• has obtained an understanding of fundamental drivers of value, and valuation techniques.
• has an advanced understanding of relevant theoretical and practical application of valuation for the fair value accounting in IFRS accounting standards
• has implemented and understood the use of this knowledge in practical settings.

Skills

The student

• is able to apply the advanced valuation techniques to real companies, to form an informed opinion as to the fair value with respect to the IFRS standards.
• has increased competence in presenting and discussing complex valuation issues.
• is able to take complex financial information and distil them into relevant information for the valuation process.
• is able to confidently present the findings of their analysis verbally and in written and presentation of the fair value in a IFRS context towards investors, top management, and board of directors.

General competence

The student

• has completed demanding case work and presentations as constructive members of a student group.
• can produce alternative methods or resolve discrepancies and argue why they are good solutions to the problem.

None

Coursework requirements

Individual student presents two topics (20 minutes per presentation including Q&A) in class.

Participation

There is an 80% obligatory participation in order for the student to pass this course.

• Project examination in groups. The examination consists of one project report (4000-5000 words). This part of the examination counts 60% of the final grade
• Individual oral examination (20 minutes for each candidate). The oral examination counts 40% of the final grade

Both exams must be passed in order to pass the course.

Each group may consist of up to three candidates. The oral examination cannot be appealed.

The course is taught in weekly sessions with assignments for submission, various forms of case discussions, including discussion of dilemmas relating to defining an organisation's goals and how this takes place in relation to different groups of stakeholders, presentations and participation in lessons.

The course consists of a combination of lectures, group work, labs and homework.

The exam in the course consists of two parts: a project assignment and an oral presentation.

1) Students must write a project paper with a scope of 20 pages, excluding appendices. The project assignment must deal with theories and issues from the course. Font and font size: Arial / Calibri 12 points. Line spacing: 1.5

The assignment counts for 60% of the grade in the course, and can be written individually or in groups of a maximum of three students.

2) Oral presentation of a maximum of 25 minutes.

The oral presentation count for 40% of the grade in the course.

All parts of the exam must be passed in order to pass the course. If one of the exam parts is assessed as not passed, the part that is not passed can be taken again.

The exam in the course consists of two parts:

1) A project description, i.e. a plan for a potential research project, for example in preparation for the master's thesis. The project description is individually or in groups of maximum three students. The project description must have a scope of 10-15 pages. The project description counts for 60% of the grade awarded for the course. Font and font size: Arial / Calibri 12 points. Line spacing: 1.5.

2) A supervised exam of 4 hours. The exam counts for 40% of the grade awarded for the course.

Pass grades must be awarded both for the project description and for the written exam in order to pass the course. If a student has to resit the exam, the student can retake each part separately. It is not necessary to take both parts.

The project papers are assessed by one internal and one external examiner. At least 25% of the project paper will be assessed by two examiners. The grades awarded for the papers assessed by two examiners form the basis for determining the level for all the exam papers.

Two examiners will be used to assess the oral presentations.