Posts for Amongst the Stars


Write-Up of Intangible Assets

From Amongst the Stars
November 18, 2010 at 4:04 pm
In M&A, acquiring a company requires you to pay a control premium above the current market price to capture a majority of the shares outstanding needed to own the company. ... (more)

Financial Executives International – 5th Best in Class Competition

From Amongst the Stars
November 16, 2010 at 4:41 pm
On Saturday, a Rotman team composed of myself, Shree, Fei and Matt Literovich competed in the Financial Executives International 5th annual Best in Class Competition. The case ... (more)

Competitions Week – RMA Case Comp

From Amongst the Stars
November 16, 2010 at 4:23 pm
Last week was very heavy for case competitions and presentations (hence the lack of posts).On Wednesday, we had the Rotman Marketing Case competition. The case was based on the ... (more)

Islamic Finance - International Consulting Project

From Amongst the Stars
November 9, 2010 at 9:10 pm
A new initative at Rotman (although you wouldn't know it as it has simply exploded this year) is the new International Consulting Project. Laura Wood, Director of International ... (more)

Legacy REIT

From Amongst the Stars
November 9, 2010 at 7:57 pm
In our corporate finance class today, we were responsible for presenting our valuation of the Legacy REIT IPO. We used a variety of different valuation methods and multiples to ... (more)

Retail Experts Speaker Series - Jurgen Schreiber, President and CEO, Shoppers Drug Mart

From Amongst the Stars
November 1, 2010 at 5:49 pm
*Photos Pending*Rotman hosted another speaker series session today from the Retail Experts Speaker Series @ Rotman and the guest was Jurgen Schreiber, President and CEO, Shoppers ... (more)

Financial Management Presentation

From Amongst the Stars
October 22, 2010 at 3:51 pm
Yesterday, my team had our presentation for Financial Management with Asher Dorey, a professor notorious for not pulling any punches and generally holding all Rotman students to ... (more)

Financial Executives International Competition

From Amongst the Stars
October 22, 2010 at 3:37 pm
On Wednesday we had Rotman’s internal competition for the Financial Executives International competition. I was part of a team of four, including Irina, Shree and Matt Literovich. ... (more)

Levering and Unlevering Beta - Mechanics of the Model

From Amongst the Stars
October 15, 2010 at 7:24 am
It occurs to me that I didn't really describe the formula for levering and unlevering Beta and why it works. Let's have a closer look:First think of any given industry. There are ... (more)

Accounting – The Story Behind the Numbers

From Amongst the Stars
October 14, 2010 at 3:02 pm
It seems like the major topic for this week has been related to working capital. In our financial management course, however, there was a great example case where simply knowing ... (more)

Unlevered Beta

From Amongst the Stars
October 13, 2010 at 11:46 am
A quick recap:Beta of a company is determined by a statistical regression of returns of a given security against returns of the market.As a result, "beta" usually refers to a company's ... (more)

Excess Cash isn’t always just from cash

From Amongst the Stars
October 6, 2010 at 8:45 am
Putting together the last few posts (House analogy for EV, FCFF and NOWC and N[O]WC as a source of funds), let's look at an example of how they are all interrelated.Target Company:Total ... (more)

Enterprise Value - House Analogy with Excess Cash

From Amongst the Stars
October 6, 2010 at 7:34 am
Another common question that comes up is related to enterprise value, particularly as it relates to excess cash. Recall that enterprise value is the value of the entire company ... (more)

Free Cash Flow to Firm and Net Change in [OPERATING] Working Capital

From Amongst the Stars
October 6, 2010 at 1:04 am
A few of my classmates have been asking me a very common question so I thought I would post the answer. Particularly because I think it is a fantastic question and is something ... (more)

Study Tour Applications - Latin America Study Tour Series

From Amongst the Stars
October 5, 2010 at 6:17 pm
Applications for study tour have been submitted for January tours and students are getting emails for interviews over the next period. It seems like there are a lot of keen students ... (more)

Unconventional Sources of Funds

From Amongst the Stars
September 30, 2010 at 3:32 pm
A topic I've noticed has appeared in a corporate finance as well as financial modeling cases. Whereas people often think of raising funds in traditional methods such as raising ... (more)

Rotman International Fair

From Amongst the Stars
September 22, 2010 at 11:30 am
Yesterday was Rotman's International Fair in the Fleck Atrium. The Global Business Association (GBA) hosted tables with food from around the world and there were table set up with ... (more)

Pop Quiz

From Amongst the Stars
September 16, 2010 at 9:01 am
What is the value of a zero coupon bond with no maturity? ... (more)

Back in the Mix

From Amongst the Stars
September 14, 2010 at 11:50 pm
Today marked my first official day back at school with my Corporate Finance class. I've essentially sorted out what project groups I'll be working on this term and have the opportunity ... (more)

2nd Year Case Comp - My Turn

From Amongst the Stars
September 13, 2010 at 9:47 pm
Last year, I went to the 2nd Year Management Consulting Association (MCA) Case Comp as an observer to see the upper year students duke it out. Just like last year, there were a ... (more)

Orientation Camp

From Amongst the Stars
September 9, 2010 at 4:49 pm
Yesterday marked the end of Orientation Camp for the incoming students. Unfortunately, the weather was not ideal, but that didn't dampen their spirits or enthusiasm. During our ... (more)

Negotiations

From Amongst the Stars
September 2, 2010 at 9:00 am
Classes have started a bit early for me as I've started taking negotiations this week (I had repeatedly missed this class for study tours). I've been taking this class since Sunday ... (more)

London Business School - Electives

From Amongst the Stars
August 21, 2010 at 11:27 pm
So I heard back a few weeks ago from London Business School about all the course electives I applied for and I'm happy to say that I got them all. This means that the course I ... (more)

Flight of Fancy: What If…? A Market for Bid Points

From Amongst the Stars
August 2, 2010 at 4:12 am
One common theme I've heard is that MBA's are often upset when they don't get all the elective courses that they want. While I certainly can't complain, it brings up an interesting ... (more)

Bidding Strategy - The Mechanics

From Amongst the Stars
July 29, 2010 at 4:48 am
So I've been lucky enough to receive all the classes I want in all the sections I want and it turns out that LBS doesn't use a "bidding" system per say (classes awarded based on ... (more)