
Correctly Discounting the Terminal Value
When valuing companies using discounted cash flows (DCF), accuracy is crucial—especially when discounting the Terminal Value (TV).
The starting signal has been given: From now allows you guide students, the limited places in the MBA Applied Quantitative Finance apply for the 2025/26 winter semester!
A major advantage: After successful admission, you can start your studies immediately. This gives you a structured head start and lets you begin the new semester stress-free.
Because our MBA programme focuses on individual support and the highest quality . You will be personally supported by Prof. Dr. Dr. Joachim Häcker and Prof. Dr. Dr. Dietmar Ernst throughout your entire programme.
This exclusive support ensures high motivation, deep understanding and exceptional gains in competence – a true unique selling point.
A major advantage: After successful admission, you can start your studies immediately. This gives you a structured head start and lets you begin the new semester stress-free.

When valuing companies using discounted cash flows (DCF), accuracy is crucial—especially when discounting the Terminal Value (TV).

Small and medium-sized enterprises (SMEs) are the backbone of the German economy – yet when it comes to their valuation, practice often misses the mark…

The long-awaited 12th edition of the standard work “Fundamentals of Corporate Finance” will be released mid-year.

In an increasingly volatile economic environment, systematic portfolio management is gaining more importance than ever.

The starting signal has been given: From now on, you can apply for the limited places on the MBA Applied Quantitative Finance for the 2025/26 winter semester!

No fear of derivatives – an easy introduction to the world of financial products