Online Course Guide of WHU –
Find all modules and courses of our degree programs.
Please use the filters below to select the term (spring or fall) as well as the respective program (BSc, MSc, MBA, Exchange, Doctoral) of your choice for an overview of all modules offered at WHU. The courses are listed under the modules. Please click on a module to see which courses are part of it. If you would like to find out more about a certain course, click on the name of the course to see detail information. The location of the lecture will be revealed after your course registration on myWHUstudies.
Spring term counts from January - August, fall term counts from September - December.
Important for Exchange Students: As the Full-Time and Part-Time MBA Programs utilize a modular course structure, the dates on which students begin and end the exchange are flexible. Please find here a chronological overview of the preliminary course offering for Fall and Spring.
Financial Statements Analysis, Group B
(Please note that exchange students obtain a higher number of credits in the BSc-program at WHU than listed here. For further information please contact directly the International Relations Office.)
Learning Objectives and professional uses
Our aim in this course is to instruct you in conceptually sound and practical approaches to valuing equity securities, based on fundamental analysis. To this end, you will learn how to:
- Process financial statements to get an appropriate basis for analysis and valuation;
- Apply financial ratio analysis to bring out the story that the financial statements tell;
- Identify the drivers of firm value;
- Develop good financial statement forecasts using a systematic, structured approach;
- Apply the most common valuation models; and
- Use analysis and valuation to challenge the assumptions inherent in the market price.
The skills acquired in this course are useful in a wide array of professional areas, including investment banking (particularly equity research), private equity, security analysis, asset management, consulting, public accounting, corporate finance, and strategy. More generally, they allow you to increase your financial literacy to manage decisions that involve financial statements more effectively.