Examines closely held companies, not publicly traded firms, for applications including mergers, acquisitions, and divestitures; raising capital and the venture capital model; capital structure and the cost of capital; performance planning and appraisal; real options pricing; and special industry analyses. A commonly stated objective for business managers is to add value to their companies or enterprises; this course covers the major topics for business valuations, analytical methods such as financial statement analysis; cash-flow and comparable company valuation methods; research techniques for obtaining information; and owners’ interests. Prerequisite(s): FI 300.