The #1 best-selling guide to business valuation, newly updated and revised
Valuation, University Edition, Eighth Measuring and Managing the Value of Companies is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on for more than 30 years. Now in it’s eighth edition, this volume continues to help professors and students around the world gain a deep understanding of valuation and help their companies create, manage, and maximize economic value for their shareholders.
Called “the best practitioners' guide to valuation” by The Financial Times and “one of the most influential contemporary books about the world economy” by The Economist, the newly revised eighth McKinsey's long tradition of excellence. In the book, a team of veteran McKinsey & Company professionals walk you through the foundations of valuation, advanced topics like valuing high-growth companies and digital assets, and managerial topics such as corporate portfolio strategy and acquisitions. You'll also
Questions at the end of each chapter for use in class discussions, assignments, and more with access to a curriculum and test bank Best practices to apply valuation to business strategy questions and communicate with investors How to analyze and forecast performance, the cost of capital, and put it all together in a coherent valuation The University Edition contains end-of-chapter review questions to help students master key concepts from the book. Professors
McKinsey & Company has been helping businesses, governments, non-profit organizations and other institutions grow and thrive for almost 100 years . Valuation's authors draw on that storied history to bring you the most relevant, accurate, intuitive, and practical guide to valuation on the market today.
Tim is a core leader of the Corporate Finance Practice. During his more than 28 years of consulting, Tim has served clients globally on value creation, corporate strategy, capital-markets issues, and M&A transactions. Tim is the lead author of Valuation: Measuring and Managing the Value of Companies. This book—now in its seventh edition—has sold more than 800,000 copies; it is used as a textbook at top business schools such as Wharton School, University of Chicago, MIT, INSEAD, Tuck School of Business, and Northwestern University. Tim is also the lead author of Value: The Four Cornerstones of Corporate Finance, which aims to help senior executives, board members, and nonfinancial executives to understand the linkages between strategic decisions and value creation, as well as to have the courage to focus on true value creation rather than the latest fads and misconceptions.