COURSE NUMBER:EWMBA 222-11

COURSE TITLE: Financial Information Analysis

UNITS OF CREDIT: 3 Units

INSTRUCTOR: Suneel Udpa

E-MAIL ADDRESS: upda@haas.berkeley.edu

CLASS WEB PAGE LOCATION:

MEETING DAY(S)/TIME: Saturdays, 9:00 am to 12:00 pm

PREREQUISITE(S): EWMBA 202 (Accounting) and EWMBA 203 (Finance)

CLASS FORMAT: Lectures, problems and student "real world" case projects using currently available data

REQUIRED READINGS:

BASIS FOR FINAL GRADE: Projects, homework problems and class participation

ABSTRACT OF COURSE'S CONTENT AND OBJECTIVES:FACULTY VIDEO
This course deals with the analysis of financial information for evaluating past performance, predicting future performance, and estimating the value of the firm.

Topics:
A. Financial Statement Analysis and Valuation Tools
I. Introduction to Financial Statement Analysis, Forecasting, and Valuation (using cash-flow based approaches)
Case Project: Industry Analysis of Investment Banking Case Project: Starbucks

II. Accounting Analysis
Case Project: Boston Chicken or Enron

III. Valuation using Earnings-based and Market-based approaches
Case Project: Starbucks (revisited)

B. Valuation Applications (Students choose one/two of the following based on their interests)
IV. Equity Analysis
Case Project: Google IPO vs. Yahoo IPO

V. Credit Analysis and Distress Prediction
Case Project: K Mart

VI. Mergers and Acquisitions
Case Project: Oracle's proposed merger with PeopleSoft

VII. Special Industries and Non US-GAAP Statement Analysis
Case Project: Barclay's (time permitting)

BIOGRAPHICAL SKETCH:
Suneel Udpa is a Visiting Lecturer at the Haas School of Business. He received his M.S. in Business and his Ph.D. in Accounting from Washington University, St. Louis, MO. From 1997-99, Professor Udpa was the Chair of the Department of Accounting at St. Mary's College of California. From 1990-93, he was an Assistant Professor of Accounting at Emory University in Atlanta. His consulting interests are in the areas of cost systems, incentive contracts, and valuation for mergers & acquisitions