Monte Carlo: Applications, Examples and Best Practices for Valuation (eLearning course)

As complexity and uncertainty continue to increase, business valuation experts must up their game to master the challenges that accompany today's engagements. Rise to – and soar beyond – the occasion using Monte Carlo simulations, an indispensable method for advanced valuation scenarios. This eLearning course, "Monte Carlo: Applications, Examples and Best Practices for Valuation" distills the best instruction and content on the topic, and covers a wide variety of Monte Carlo applications, including when valuing options, securities, and relevance for in-process research and development. Work with examples, download templates, and learn from the experts as they share essential knowledge about Monte Carlo simulations and how best to put this method to work for you in your next engagement.

Highlights of the course include:

  • A comprehensive introduction to Monte Carlo simulations from top instructors
  • How to utilize Monte Carlo simulations in a variety of complex business valuation engagements
  • The use of Monte Carlo simulations in the courtroom
  • Best practices when utilizing Monte Carlo simulations in valuations
$499.00/course Add to cart


Why eLearning?


BVR's new eLearning courses offer specialized training on your schedule, from any location, on any device. Gone are the days of traveling across the country to sit in windowless hotel banquet rooms listening to lectures for 8 hours. With our eLearning courses, participants benefit from direct access to the combined knowledge of numerous instructors and experts. The courses feature engaging multi-media content including videos, quizzes, downloads, infographics, and more. The BVR eLearning platform lets you set the pace of your learning and makes it easy to recap at any time. Plus, you can earn a Certificate of Knowledge to add to your arsenal of valuation accomplishments.

Start your eLearning course today and add new, valuable skills to your toolbox!

Monte Carlo: An Introduction 

  • Why Monte Carlo?
  • Benefits to Using Monte Carlo Simulation 
  • Ways to Deal With Uncertainty (1 of 4) 
  • Ways to Deal With Uncertainty (2 of 4) 
  • Ways to Deal With Uncertainty (3 of 4) 
  • Ways to Deal With Uncertainty (4 of 4) 
  • Why is Monte Carlo Such a Valuable Tool? 
  • Gathering the Inputs: Prospective Financial Information
  • Disadvantages
  • The Process
  • Reviewing the Results
  • How Many Trials Should I Run?
  • How "Granular"?
  • Using Monte Carlo to Develop PFI
  • PFI Simulation Triangular Distributions
  • Non-technical overview 
  • Monte Carlo Testimonial 
  • Testimonial 

Monte Carlo: Valuing Equity and Derivative Securities 

  • Valuing Equity 
  • Variable Payout and Simple Capital Structure 
  • Variable Payout and Complex Capital Structure 
  • Share Award Example 
  • Variable Vesting Example 
  • Valuing Equity Shared Based Compensation 
  • Down Round-Warrants
  • Private Company Complex Capital Structure
  • Addressing Volatility
  • Warrants Example
  • Generating a Volatility Input
  • European Call Option
  • Path Dependent Option
  • Relative Shareholder Total Return
  • Anti-Dilution Protection
  • Alternative Stock Price Simulation

Monte Carlo: Contingent Considerations 

  • Contingent Considerations
  • Business Combinations
  • Valuing Earnouts in Uncertain Times: Overview of FAS 141R Requirements 

Monte Carlo: Cost of Capital Applications 

  • Adaptive discount rate 
  • Capturing risk 
  • Supplement to the Single Period Capitalization Method-added 
  • Simulation and Optimization 
  • In Progress Research and Development
  • Expected Present Value

 Monte Carlo: Legal 

  • Overview 
  • Daubert Issues 
  • Daubert Issue: Improper analysis 
  • Attack point: "It has never been done" (1 of 6) 
  • Attack point: "False precision" (2 of 6) 
  • Attack point: "Using improper models" (3 of 6) 
  • Attack point: "Improper distribution" (4 of 6) 
  • Attack point: "High coefficient" (5 of 6) 
  • Attack point: "Statistics" (6 of 6) 
  • Quiz: Attack Points
  • Case Law: Nanovation 
  • Case Law: Lyondell vs Occidental 
  • Case Law: TriboFilm 
  • Case Law: Vernon v Cuomo 

 Monte Carlo: Best Practices 

  • Picking the right distribution model 
  • Monte Carlo or Latin Hypercube 
  • Monte Carlo or Latin Hypercube Example 2 
  • Mean Median & Mode 
  • Failure Probability 
  • Selecting the Best Distribution  
  • Interpretation of Diagnostics
  • Tip: Determining the Probability of an Event
  • What Auditors Want

 Monte Carlo: Tools and Additional Resources 

  • Using Oracle Crystal Ball for Monte Carlo Simulation
  • Monte Carlo Software Comparison 

Additional Course Details

BVR's eLearning courses are broken down into easy-to-understand modules, with quizzes throughout to test your learning and understanding of the topic. At the end of the course, you'll earn a Certificate of Knowledge to add to your arsenal of valuation accomplishments.

Software requirements: None

Number of modules to complete: 70

Prerequisites: Knowledge of business valuation

Program level: Advanced

Videos/Materials: 8.7 hours of video (100 minutes are optional) + additional reading material and quizzes

Estimated time to complete course: 10+ hours

CPE credits: There is no CPE available for this course.

Presentations and articles from:

  • Brad Pursel
  • Dave Duffendach
  • Dave MacAdam
  • Jared Hannon
  • Jason Andrews
  • Mark Zyla
  • Mike Pellegrino
  • Oksana Westerbeke
  • Scott DeMarco
  • Summer Parrish
  • Todd Patrick

eLearning FAQs

 

Q: How do I login to my eLearning course?

A:
Login using your My BVR and click on the course from the product listing.


Q: What are the device requirements?

A: You can access BVR’s eLearning Center on a computer, tablet, or smartphone that is connected to the internet and has audio capabilities.


Q: When does an eLearning course expire?

A: Courses expire 365 days after purchase.



Q: Can I earn CPE for eLearning courses?

A: Currently there are no courses approved for CPE. CPE is subject to approval by NASBA and updated information will be noted in the "additional course details" section when available.


Q: How do I earn a Certificate of Knowledge?

A: Complete all required modules and pass the quizzes (70% pass rate or higher). Complete the course evaluation form at the end of the course, and a certificate will be emailed to you following verification of completion.



Q: Who do I contact for technical help, course feedback, or questions?

A: Please contact questions@bvresources.com or call 503.291.7963.


Q: What language is the course in?               

A:
The course is in English.


Q: Can I retake a quiz or test if I don’t pass it the first time?

A: Yes. You are able to retake quizzes and tests, and also go back and review the material as needed.


Q: What is your refund policy?

A: Business Valuation Resources offers a 100% money-back guarantee on our training services. If you are not completely satisfied with your experience, or have any feedback, please contact Business Valuation Resources at (503) 291-7963 or cs@bvresources.com.