Valuation methods

In this article, Andrea ALOSCARI (ESSEC Business School, Global Bachelor in Business Administration (GBBA) – 2024-2025) explains about three fundamental valuation methods—Comparable Companies Analysis, Precedent Transactions Analysis, and Discounted Cash Flow (DCF) Analysis—and their role in achieving successful deal outcomes. Which are the main valuation methods? At the heart of M&A, or Mergers and Acquisitions, … Read more

Understanding Debt Ratio & Its Impact On Company Valuation

Understanding Debt Ratio & Its Impact On Company Valuation In this article, Anant JAIN (ESSEC Business School, Grande Ecole – Master in Management, 2019-2022) explain the debt ratio and its importance in firm valuation. Introduction In financial analysis, calculating and even evaluating a company’s debt ratio is essential for assessing its financial stability and valuation. … Read more

Multiples valuation method for stocks

Multiples valuation method for stocks In this article, Jorge KARAM DIB (ESSEC Business School, Master in Strategy and Management of International Business (SMIB), 2024-2025) introduces the method to evaluate stocks called “multiples valuation”. How much should a stock be worth? Valuing stocks is a complex yet essential endeavor for investors seeking to make informed decisions … Read more

Understanding the Gordon-Shapiro Dividend Discount Model: A Key Tool in Valuation

Understanding the Gordon-Shapiro Dividend Discount Model: A Key Tool in Valuation In this article, Isaac ALLIALI (ESSEC Business School, Bachelor in Business Administration (BBA), 2019-2023) explains about the Gordon-Shapiro Dividend Discount Model, which is a key tool in valuation. Introduction The Gordon-Shapiro Dividend Discount Model, also known as the Gordon-Shapiro formula and the Gordon Growth … Read more

Bond valuation

Bond valuation In this article, Rodolphe CHOLLAT-NAMY (ESSEC Business School, i>Grande Ecole – Master in Management, 2019-2023) introduces you to bond valuation. Investors seek to determine how the different characteristics of a bond can influence its intrinsic value in order to know whether it is a good investment or not. To do this, they will look at the … Read more

Asset valuation in the real estate sector

Asset valuation in the Real Estate sector This article written by Ghali El Kouhene (ESSEC Business School, Global BBA, 2019-2022) discusses the valuation methods in the real estate sector. Definition of a real estate Real estate is a property, land, buildings, air rights above the land (with certain limitations) and underground rights below the land. … Read more

Approche pédagogique de SimTrade (Partie 2) : objectifs d’apprentissage et évaluation

L’approche pédagogique de SimTrade repose sur deux piliers : La liberté d’apprentissage La définition d’objectifs d’apprentissage précis et leur évaluation Ce deuxième article traite du couple objectif-évaluation. Il présente notamment l’ingénierie pédagogique développée pour évaluer les participants, ingénierie qui utilise les travaux sur la taxonomie de Bloom. L’évaluation dans SimTrade Les certificats SimTrade sont des … Read more

Evaluation : utilisation de la taxonomie de Bloom dans SimTrade

SimTrade, pour la construction de l’évaluation des participants dans les certificats, s’appuie sur la taxonomie de Bloom. Mais la taxonomie de Bloom, c’est quoi ? Benjamin Bloom (1913-1999) est un psychologue américain spécialisé en pédagogie. Ses travaux de recherche menés à l’Université de Chicago dans les années 1950 sont considérés comme d’importantes contributions au classement … Read more

Mode d’évaluation dans les certificats SimTrade

Certificats SimTrade : produits structurés de formation sur les marchés financiers Les certificats SimTrade sont des produits structurés pédagogiques qui assemblent trois éléments d’apprentissage : les formations, les simulations et les concours. Au travers d’un certificat, SimTrade vous propose de vivre une histoire qui tient en trois mots : apprendre avec des formations (savoir), pratiquer … Read more

My internship experience at Partner plus Investments Limited

In this article, Annie YEUNG (ESSEC Business School, Global Bachelor in Business Administration (GBBA) – Exchange Student, 2025) shares her summer internship experience at Partner Plus Investments Limited as the Junior Analyst. About the company Partner Plus Investments Limited is an asset management company particularly focusing on fund of funds company. Partner plus investments limited … Read more

My internship experience at FTI Consulting

In this article, Annie YEUNG (ESSEC Business School, Global Bachelor in Business Administration (GBBA) – Exchange Student, 2025) shares her experience as an Intern at FTI Consulting. About the firm FTI consulting Is a business consultancy firm and global management advisory company. It is one of the leading global expert firms to help organizations that … Read more

Behavioral finance

In this article, Mahe FERRET (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2022-2026) explains the appeal and challenges of behavioral finance when investing. Introduction Behavioral finance is a psychological and economic finance field that allows us to understand how investors – individuals and institutions – make financial decisions. Unlike traditional finance, which assumes … Read more

My apprenticeship as Depositary Control Auditor at CACEIS Bank

In this article, Alexandre GANNE (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2025) shares his professional experience as Depositary Control Auditor at CACEIS Bank. About the company CACEIS Bank is a leading European financial institution specializing in asset servicing. A subsidiary of Crédit Agricole and Santander, CACEIS provides custody, depositary, and fund administration … Read more

Pricing Weather Risk: How to Value Agricultural Derivatives with Climate-Based Volatility Inputs

In this article, Mathias DUMONT (ESSEC Business School, Global Bachelor in Business Administration (GBBA), 2022-2026) explains how weather risk impacts the pricing of agricultural derivatives like futures and options, and how climate-based data can be integrated into stochastic pricing models. Combining academic insights and practical examples, including a mini-case from the SimTrade Blé de France … Read more

My Internship Experience at The Ministry of Citizenship and Multiculturalism

In this article, Adelaide RIDER-NICHOLSON (ESSEC Business School, Global Bachelor in Business Administration (GBBA) – Exchange Student, 2025) shares their internship experience with the Government of Canada at the Ministry of Citizenship and Multiculturalism. They explore the structure of the Ministry, its mandate, and their involvement in policy research and community engagement projects. About the … Read more

Optimal capital structure with no taxes: Modigliani and Miller 1958

In this article, Snehasish CHINARA (ESSEC Business School, Grande Ecole Program – Master in Management, 2022-2025) explores the optimal capital structure for firms, which refers to the balance between debt and equity financing. This post dives into the article written by Modigliani and Miller (1958) which explores the case of no corporate tax and a … Read more

Solvency and Insolvency in the Corporate World

In this article, Snehasish CHINARA (ESSEC Business School, Grande Ecole Program – Master in Management, 2022-2025) explores the vital difference between solvency and insolvency—where solvency signals long-term financial health, and insolvency marks a tipping point of distress. Understanding this divide is key to assessing corporate resilience and recovery. Introduction to Solvency and Insolvency Solvency refers … Read more

Liquidity and Illiquidity in the Corporate World

In this article, Snehasish CHINARA (ESSEC Business School, Grande Ecole Program – Master in Management, 2022-2025) delves into liquidity and illiquidity, key concepts in the corporate world. Introduction to Liquidity and Illiquidity Liquidity and Illiquidity Definitions Liquidity is an important economic concept that can be applied to individuals, companies and financial institutions. In this article, … Read more

Retained Earnings

In this article, Nithisha CHALLA (ESSEC Business School, Grande Ecole Program – Master in Management (MiM), 2021-2024) delves into Retained Earnings, providing a comprehensive analysis on type of retained earnings, explaining its theoretical foundations, discussing the other financial metrics compared to it, its valuation and limitations. Introduction Retained Earnings (RE) represent the portion of a … Read more