​Oxford Chicago Valuation Programme

Pen and paper
Enhance your strategic corporate M&A and private equity investment decisions

Start date:

Duration:

  • 5 days

Time commitment:

  • Short Programme

Location:

  • Oxford

Cost:

  • £7,000 plus accommodation

About the programme

Saïd Business School and Chicago Booth School of Business

Valuation plays a vital role in corporate and investment decision making.

We have joined forces with the University of Chicago Booth School of Business to equip you with advanced valuation knowledge in a condensed timeframe on this comprehensive programme.

Partner-level industry guest speakers explore and demonstrate the finance and capital structures that affect valuation. Following an accelerated recap of theory, you will compare valuation in corporate M&A and private equity using real deals.

You will study real-life cases presented by investment banks and PE firms applying models to transactions in:

  • Corporate M&A and restructuring
  • LBO
  • Growth capital
  • Infrastructure
  • Real Estate
  • Distress and special situations

You will gain deeper insight and experience, and practical valuation models that strengthen your investment decision making.

Programme overview

oxford-chicago-valuation-programme-video

Meet the faculty

Explore our community.

What our alumni say

Even after 20 years of banking I now look at deals with a different insight.
The Oxford experience was without equivalent.

Louis Margaglione

Senior Vice President in Commercial Banking, BMO Harris Bank, USA

The benefits

To you

  • Understand how to apply valuation to make better strategic decisions
  • Acquire financial valuation modelling techniques to apply immediately
  • Discuss real transactions with leading executives and interact with global leaders in finance
  • Advance your finance knowledge to apply theory to real world transactions

To your business

  • Enhanced strategic decision-making for acquisitions, restructuring and private equity investments
  • Better informed discussions with banks and advisers
  • Access to a global community of finance leaders

Programme outline

Day one – accelerated Recap of Theory and M&A Case

  • Review of 3 Nobel prize winning theories from Markowitz, Miller, Sharpe
  • Understanding the Operational Model and Free Cash Flow
  • Extended worked example demonstrating the complexities of applying the theory in practice 
  • Case: International Corporate Acquisition in the pharma sector

Day two – corporate M&A

  • Worked examples illustrating issues of corporate acquisition and defence, a cross border merger, and corporate restructure and capital raising
  • Building a financial model for a merger
  • Case: Private Equity exit by IPO

Day three – private equity and LBOs

  • How capital structure affects valuation
  • LBO Investment Valuation to drive equity value and returns
  • LBO Valuation Modelling exercise
  • Case: LBO Investment in the Retail Sector

Day four – growth capital and distressed investing

  • Using Growth Capital finance to generate returns
  • Managing the risks by antidilution protection, liquidation preferences and legal structuring
  • Case: Growth Capital Investment in the Luxury Brand Sector
  • Distressed Investments and Restructuring
  • How to identify, value and restructure distressed businesses
  • Case: Distressed Investment in the insurance sector

Day five – real estate and infrastructure

  • Real Estate Investment Valuation
  • Capital structure and debt considerations
  • Case: Pan European real estate investment fund
  • Infrastructure Investments
  • Comparing existing and greenfield developments
  • Case: Infrastructure Investment Case in the Utilities Sector

Programme community

The Oxford Chicago Valuation Programme community

2

Business Schools

40

Average Age

40

Class Size

Joining the programme

Who can apply?

Finance professionals and senior executives making strategic corporate or private equity investment decisions. This includes CFOs, directors of finance or strategy, bankers, corporate finance consultants, investment and fund managers making direct investments.  

Participants should be familiar with common valuation techniques including DCFs and NPV typically gained through study for an MBA or professional qualifications. 

How to apply

You can apply in one of two ways:

Dates

Next programme date:

10–14 June 2019 – applications now open

Fees

Programme fee includes all tuition, education materials, all daytime refreshments and evening meals.

Accommodation – this is a non-residential programme. We can book accommodation for you and bill it alongside your programme fee, please indicate requirements on your application form.

Registrations are confirmed on receipt of full payment of the programme fee, and places are allocated in order of receipt of payment.

Corporate privileges

Take advantage of our corporate partner rate (15%) if three or more people from your organisation take part.

Further benefits are available for three or more participants to attend Oxford Impact Investing Programme or Oxford Impact Measurement Programme within 12 months.

Visa requirements

Once you have a confirmed place on a programme, we suggest you apply for a visa as soon as possible, as it can take up to 100 days to process.

Saïd Business School can provide a letter to support your visa application if required.

Profile review

Would you like us to review your profile and assess whether this programme is a good match for you?

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Our Open Programmes have climbed to second worldwide in the Financial Times Executive Education Rankings, and for the fourth consecutive year we have maintained our number one position in the UK.

 

 

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