Isenberg School of Management 643 - Corporate Valuation
Fall
2026
01
3.00
Sara Smiarowski
TU TH 1:00PM 2:15PM
UMass Amherst
20392
School of Management 126
ssmiarowski@isenberg.umass.edu
This course examines the principles and practice of valuing firms, projects, and assets, blending rigorous financial modeling with the art of storytelling. Students will learn to develop and defend valuations using discounted cash flow (DCF) methods, relative valuation (multiples), real options, and specialized approaches for startups, private firms, and financial institutions. The course emphasizes the interplay between narrative and numbers, encouraging students to frame valuation as both a quantitative model and a qualitative story about a company?s future.
Throughout the semester, each student will select a company and build a full valuation across multiple methods, culminating in a professional-quality report and presentation. Weekly modules integrate real-world data, current events, and mini-cases, ensuring that students not only master the mechanics of valuation but also develop the judgment to apply valuation techniques responsibly in practice.
Open to Master of Finance students. SCH-MGMT 641