Valuation: Instructor Resources Valuation, Measuring and Managing the Value of Company, 5^th Edition, Compiled by Professor David Wessels The Wharton School of the University of Pennsylvania
On this website, you will find instructor materials to support a course covering the fundamentals of valuation and value creation. The course is based on “FNCE 728, Corporate Valuation” at the Wharton School. The links below are password protected. The username and password are available on the Wiley Instructor Site.
Item	Description
Sample Syllabus	A sample syllabus for a semester long class. The course is segmented into four topics: drivers of value, analyzing historical performance, building the valuation model, and alternative methods of valuation (multiples and real options).
Lecture Notes	A set of 17 lecture notes organized by topic to accompany the sample syllabus.
Problem Sets	Numerical problems and excel-based solutions, organized by course section (and chapter). Each problem set corresponds to a chapter in sections two and five.
Integrative Case	A set of five integrated assignments and excel-based solutions examining Henkel AG and Reckitt Benckiser plc. The first assignment introduces Henkel. The second assignment reorganizes Henkel’s financial statements. Assignment three benchmarks Henkel versus Reckitt Benckiser. Assignment four estimates Henkel’s cost of capital. The final assignment values Henkel using enterprise DCF.

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