MBA Business Valuation – Text & Cases

This book is a comprehensive & authentic book on ‘Business Valuation’. The objective of this book is to include a judicious mixture of corporate finance theory and business valuation practice.

This book aims to fulfill the requirement of students PGDM/MBA/CA/CWA & other professional courses.

The Present Publication is the Reprint Edition April 2021, authored by Pitabas Mohanty, with the following noteworthy features:

• The subject-matter is presented in a simple, systematic method along with comprehensive explanation of the concept and theories underlying business valuation. The book tries to present the subject-matter in a non-mathematical and non-technical way
• [Student-Oriented Book] This book has been developed, keeping in mind the following factors:
• Interaction of the author/teacher with his/her students in the class-room
• Shaped by the author/teachers experience of teaching the subject-matter at different levels
• Reaction and responses of students have also been incorporated at different places in the book
• [Numerical Illustration] are used to explain the complicated quantitative subjects
• [Practical Problems] are included in theoretical discussions
• [Principles of Corporate Finance & Investments] are discussed in detail, to understand the theory of business valuation
• [Emphasizes on the Five Types of Consistencies] that one should maintain while valuing any business. It also discusses what mistakes are made, when the valuation model suffers from not adhering to these consistencies
• [Sum-of-parts Valuation Method & Liquidation Valuation Methods] with practical examples are included
• [Chapter-End Problems & Mini-Cases] are included, to test one’s understanding of the different concepts
• Includes a list of 150 questions that one often faces while valuing companies. One will find these questions handy while preparing for some valuation interview
• The contents of this book are as follows:
• Introduction to Business Valuation
• Basics of DCF Valuation
• Discounted Cash Flow Method: The Cost of Capital
• Cash Flow and Valuation
• Valuation of Companies: Forecasting Case Flows
• Beyond Valuation of Companies
• Valuation of Synergy in Mergers and Acquisitions (M&A)
• Valuation of Companies: Multiplier Methods
• Miscellaneous Topics in Valuation
• Frequently Asked Questions in Valuation

About the Author

Pitabas Mohanty

Prof. Pitabas Mohanty was a Senior Visiting Scholar at Stern School of Business, New York University in 2009-10. He is a Fellow of the Indian Institute of Management, Bangalore. A Gold Medalist in MA (Applied Economics), he is also a Chartered Financial Analyst and a Cost Accountant.

He has got more than fifteen years of teaching experience in Investments and Corporate Finance. He has conducted numerous training programs for companies in India and abroad including companies from Dubai, Qatar and Kuwait in Company Valuation and Financial Modelling. He is actively into research in corporate finance and investments with many publications in books and referred journals. He has consulted a few companies in valuation of companies. He has won numerous research awards at various research conferences.