The objective of the course is to provide knowledge about application possibilities of advanced methods in financial decision-making of a company. The course aims at assumptions, conditions and application possibilities of real options methodology, when simultaneously risk and flexibility is considered when solving valuation and decision-making issues. Attention is paid primarily to the description of basic types of real options, their parameters and valuation procedure. Due to the specific features of real options, attention is devoted to discrete valuation models.
Real options methodology application in company´s financial decision-making
| Type of study | Doctoral |
|---|---|
| Language of instruction | Czech |
| Code | 154-0911/01 |
| Abbreviation | AVMRO |
| Course title | Real options methodology application in company´s financial decision-making |
| Credits | 10 |
| Coordinating department | Department of Finance |
| Course coordinator | doc. Ing. Miroslav Čulík, Ph.D. |
Subject syllabus
Literature
DiLELLIO, James: Real Option Modeling and Valuation: A Decision Analysis Approach Using DPL and Excel. London: Independently published, 2022. 136 pp. ISBN 978-1521238592 .
MUN, Jonathan: Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions with Integrated Risk Management and Advanced Quantitative Decision Analytics. London: ROV Press, 2019. 695 pp. ISBN 978-1734497359 .
MUN, Jonathan: Applied Analytical - Applied Project Management: Applying Monte Carlo Risk Simulation, Strategic Real Options, Stochastic Forecasting, Portfolio management, Project Management. New York: IIPER Press, 2020. 143 pp. ISBN 978-1734481150 .
MUN, Jonathan: Real Options Analysis: Tools and Techniques for Valuing Strategic Investments and Decisions with Integrated Risk Management and Advanced Quantitative Decision Analytics. London: ROV Press, 2019. 695 pp. ISBN 978-1734497359 .
MUN, Jonathan: Applied Analytical - Applied Project Management: Applying Monte Carlo Risk Simulation, Strategic Real Options, Stochastic Forecasting, Portfolio management, Project Management. New York: IIPER Press, 2020. 143 pp. ISBN 978-1734481150 .
Advised literature
MUN, Jonathan: Modeling Risk: Applying Monte Carlo Risk Simulation, Strategic Real Options, Stochastic Forecasting, Portfolio Optimization, Data Analytics, Business Intelligence, and Decision Modeling. London: ROV Press; 2019. 1114 pp. ISBN 978-1734497359 .
SHOCKLEY, Robert. An Applied Course in Real Options Valuation. New York: South-Western College Pub, 2017. 544 pp. ISBN 978-0324259636.
SMIT, John and Lenos TRIGEROGIS. Strategic Investment: Real Options and Games. New York: Princeton University Press, 2022. 504 pp. ISBN 978-1400829392 .
SHOCKLEY, Robert. An Applied Course in Real Options Valuation. New York: South-Western College Pub, 2017. 544 pp. ISBN 978-0324259636.
SMIT, John and Lenos TRIGEROGIS. Strategic Investment: Real Options and Games. New York: Princeton University Press, 2022. 504 pp. ISBN 978-1400829392 .