Advanced Valuation

$1,936.00 $2,200.00 Save $264.00
Advanced Valuation

Advanced Valuation

$1,936.00 $2,200.00 Save $264.00

has been successfully added to your cart . Feel free to continue shopping or check out .


Whether it’s managing a portfolio, preparing for an imminent merger or acquisition, or marveling over the newest dollar figure attached to a tech wunderkind, valuation is the key to parsing and understanding the numbers. Taught by Professor Aswath Damodaran, one of the leaders in the field, Advanced Valuation is for analysts, financial officers, and portfolio managers seeking a deeper understanding of valuation, and the skills and knowledge to confidently make financial decisions.

Through video lectures, live online meetups, and a hands-on valuation project, students will learn how to estimate the value of any business, small or large, private or public, in a developed or an emerging market. They will also be able to price businesses using earnings, book value, revenue, or other pricing multiples and comparables.

This course includes a free bonus course for students looking to enhance their accounting skills: Essentials of Financial Accounting taught by NYU Stern Professor Amal Shehata.

Course Trailer


Online Learning Experience

Our online certificate courses are asynchronous with optional synchronous elements. Asynchronous activities are things you do independently, like watch videos and complete assignments, and interactions with others over time via email, discussion forums, collaborative documents, and other channels. Synchronous learning includes interacting with other students and faculty in real time. Our courses are designed by educational experts from our Learning Science Lab to deliver courses that are designed with attention to user experience, learning science, and video production to build immersive digital learning environments for business school education.

Software/Technical Requirements
  • Desktop or laptop computer (This program does not support mobile devices, including tablets and iPads)
  • A webcam and headset (preferred) or microphone for online meetups
  • Broadband/high-speed Internet (1.5 Mbps minimum/3 Mbps preferred) to ensure your ability to participate fully in online meetups
  • Operating System: Mac OS 10.14 or Windows 10 or later
  • Browser: Safari 12.0.2, Chrome 72.0.3626, Firefox 65.0.1, or Internet Explorer 11 or later

Certificates and Credits

This course is a non-credit, pass/fail program. To pass this course, you will need a cumulative score of at least 55%. Upon successful completion of this course, participants will receive the NYU Stern Certificate in Advanced Valuation.

Program Takeaways

During this course, participants will:

  • Business Value Estimation

    Gain the skills needed to estimate the value of any business, small or large, private or public, in a developed or an emerging market.
  • Pricing Methodologies

    Learn to use earnings, book value, revenue, or other pricing multiples and comparables to price any business.
  • Data-Driven Storytelling

    Grow your confidence with numbers and develop the storytelling skills you need to complement your numerical skills.

Who Should Attend

Although there are no formal education or background requirements, this course is designed for participants who meet the criteria below. While we strongly encourage global participation, please note that all courses are taught in English. Proficiency in written and spoken English is required.

  • Years of Experience

    Participants with all levels of work experience are welcome to attend
  • Job Functions

    Ideal for analysts, financial officers, and portfolio managers
  • Prerequisites

    Intended for individuals with knowledge of financial statement analysis, basic statistics, time value of money, and Microsoft Excel; additionally, students must have a desktop or laptop computer with an internet connection


The following agenda is a sample and subject to change.

Course Access

    In order to access the course, you will receive login credentials via email on the start date of the course. Activation instructions for your login credentials will be provided.

Live Online Meetups with Faculty

    Our live online meetups provide you with the opportunity to engage face-to-face with Professor Damodaran. Please note that all online meetups are recorded and available for your viewing at a later time. Missing a meetup will not impact your grade, however, we recommend attending all sessions.


    Please expect to invest about 10 to 15 hours of your time per week to course lessons, exercises, and assignments.

Week 1: Aug 26, 2024

  • Course Introduction
  • Valuation: The Big Picture
  • Introduction to Intrinsic Value

Week 2: Sep. 2

  • The Risk Free Rate
  • The Equity Risk Premium
  • Relative Risk Measures
  • The Costs of Debt and Capital

Week 3: Sep. 9

  • Estimating Cash Flows
  • Estimating Growth

Week 4: Sep 16

  • Terminal Value
  • Value Enhancement
  • Quiz 1: Sep. 20

Week 5: Sep 23

  • Loose Ends 1: From Asset Value to Equity Value
  • Loose Ends 2: Acquisition Ornaments
  • Live Online Meetup 1: Sep. 24. 1pm

Week 6: Sep. 30

  • Loose Ends 3: Dilution & Illiquidity
  • Narrative to Numbers: Connecting Stories to Value

Week 7: Oct. 7

  • The Pricing Imperative: Relative Valuation
  • The Most-Used Multiple: PE Ratio
  • Live Online Meetup 2: Oct. 8, 1pm ET

Week 8: Oct. 14

  • Other Earnings Multiples
  • Book Value Multiples
  • Quiz 2: Oct. 18

Week 9: Oct. 21

  • Revenue Multiples and Mopping Up
  • Asset Based Valuation
  • Live Online Meetup 3: Oct. 22, 1pm ET

Week 10: Oct. 28

  • Private Company Valuation
  • The Essence of Real Options

Week 11: Nov. 4

  • The Option to Delay
  • The Option to Expand & Abandon
  • Live Online Meetup 4: Nov. 5, 1pm ET

Week 12: Nov. 11

  • Valuing/Pricing Start-Ups & Young Companies
  • Valuing/Pricing Declining & Distressed Companies
  • Quiz 3: Nov. 15

Week 13: Nov. 18

  • Valuing/Pricing Financial Service Companies
  • Valuing/Pricing Cyclical & Commodity Companies
  • Live Online Meetup 5: Nov. 19, 1pm ET

Week 14: Nov. 25

  • Valuation: Looking Back & Looking Forward

Week 15: Dec. 2

  • Live Online Meetup 6: Dec. 3, 1pm ET
  • Final Exam: Dec. 7

Week 16: Dec. 9

  • Final Project: Dec. 13

Customer Reviews

Based on 12 reviews
Filip Zaleski
A Thorough and Nuanced Overview of the Art of Valuation

This course will exceptionally prepare you for valuing a business in any country and industry. Content is logically and seemlessly organized and it's easy to keep track of the progression of content. Perhaps most importantly, however, Prof. Damodaran offers incredibly interesting and pioneering insights from his elaborate experience with valuation; this all helps you deliver more representative and effective valuations.

I do recommend some prior knowledge of essentials in finance - I took an introductory finance course at university beforehand and found this to be an effective preparation to Prof. Damodaran's class.

The best course on the market

This course is part of Executive education family programs and it has been designed to be very challenge. I believe that the pains are really worth, because you will have the possibility to transform yourself from a normal person to " Homo sapiens" . One million times better than CFA. This is the only course you have to take if you want to improve your returns and your intellectual abilities.

Alex Gilchrist
Grab the opportunity!

If you're into investing or business, you'll love improving your valuation skills and thought process with Professor Damodaran. The Professor's analytical methods are some of the most thorough and logically consistent available; his passion for teaching is inspirational.

Rupesh Kerai
The Best Course on Valuation

I am a chartered accountant and I feel I learnt more about valuation and pricing in this course than in my accounting studies. I wish if all CEO's/CFO's, investment bankers and accounting advisers did this course then we would not get so many mergers and acquisition (M&A) deals and IPO go wrong. The course structure was comprehensive, well laid out and the live zoom sessions with the Professor Damodaran were invaluable.

I really enjoyed the course and highly recommend this course to anyone interested in how to properly value and price just about any company in the world.

Professor Aswath Damodaran is truly the current "Dean of Valuation".

Rupesh Kerai
Perth, Australia

More articulate valuation course

I registered for this course after completing an Executive MBA from a top university in the UK and I have been very positively impressed by the richness and depth of content. The curriculum and academic material are extremely well thought and cover a very extensive spectrum of topics relating to valuation. The videos are simply outstanding. Slides are straight to the point and immensely useful points of reference even for practitioners. The optional material is so rich that time after the module may still be useful to delve into some advanced topics. Professor Damodaran is a genuine luminary in his field, yet so approachable and patient.
In short, this course is worth every penny you pay for it.