Real Options Valuation, Inc. is a software, training, and consulting firm specializing in state-of-the-art decision and risk analysis tools and techniques such as Real Options Analysis, Monte Carlo Simulation, Forecasting, Optimization, Statistics and Risk Modeling. Which Is a Better Focus for a Finance Degree: Investment Management or Corporate Finance? Services, Options Basics: Stocks, Payoffs & Puts & Calls, What is a Stock? thousands off your degree. To Establish a Career in the Field of Quantitative Finance and Risk Management, Should I Go for a Master's Degree in Financial Computing or Financial Engineering? Distance Learning Courses in Financial Management: Career Overview, Cardiac Physiologist Training and Degree Program Overviews, Bachelors Degree in Electronics Program Information, Masters in Early Childhood Special Education Program Info, Integrative Medicine Certification and Certificate Program Info, Distance Learning Doctorate Degree Programs in Public Policy, Working Scholars® Bringing Tuition-Free College to the Community, Explain the fundamentals of option valuation, Outline the basics of options, including puts and calls, stocks and payoffs, Assess common stock valuation and types of growth, Summarize securities markets and the role of investment bankers, Know how securities are traded on the stock exchange, Understand how stocks are sold to raise capital. He effectively leads the reader on a solid path starting from discounted cash flow, progressing through Monte Carlo analysis and evolving to real options to get even closer to the target of achieving confident corporate decisions. 2), CERTIFIED QUANTITATIVE RISK MANAGEMENT (CQRM). To learn more, visit our Earning Credit Page. Risk Analysis, Real Options, This lesson will explore the concept of ownership in a company through stock. Watch our collection of free Getting Started Videos! List of Free Online Financial Management Courses, Commercial Underwriter Schools: How to Choose. Other chapters within the Finance 104: Financial Management course. Biological and Biomedical © Copyright 2005 - 2020 by Real Options Valuation, Inc. All Rights Reserved. These lessons are great resources for improving your grades, studying for tests, finishing your homework or earning continuing education credit. Tel: +1.925.999.9397 email: support@realoptionsvaluation.com, RISK SIMULATOR 2021, REAL OPTIONS SLS 2021, ROV PEAT 2021, ROV BizStats 2021, ROV CMOL 2021, President, Gibraltar Business Appraisals, Inc. (USA), Head of Portfolio Management, Syngenta Crop Protection Ltd. (Switzerland), Renowned educator in finance, author of several books, financial advisor to government and private entities (USA), Chief Financial Officer & Director of Business Development, Panorama Research, Inc. (USA), Director of R&D, The Timken Company (USA), Associate Professor of Finance, Lehigh University (USA), Vice President, Distinguished Analyst, Gartner Group (USA), President, Intellectual Property Economics, (USA), President and CEO, Kozo Keikaku Engineering, Inc. (Japan), Fred Sullivan Professor of Entrepreneurship, Wharton School, University of Pennsylvania (USA), Sr. Vice President, R&D Strategy, Gemplus International SA (France), -Executive Director of Strategic Marketing & Planning, Seagate Technology (USA), Deputy Vice President Marketing, Airbus (France), ROV PROJECT ECONOMICS ANALYSIS TOOL (PEAT), ROV Software Development Kit (SDK-OEM) Source codes, Certified Quantitative Risk Management (CQRM): Readings, Certified Quantitative Risk Management (CQRM): Case Studies. Some elements of our software are Patent Pending. It provides a solid basis for conceiving, assessing, and evaluating real options investments, which will make it useful to practitioners and students alike. This text provides an excellent follow up to Dr. Mun’s first book, Real Options Analysis. Test your knowledge of this chapter with a 30 question practice chapter exam. The cases in the Real Options Analysis Course provide numerous examples of how the use of real options and the Real Options Toolkit Software can assist in the valuation of strategic and managerial flexibility in a variety of arenas, with many practical and useful examples. Anyone can earn credit-by-exam regardless of age or education level. ® Real Options Valuation, Risk Simulator, Real Options SLS, ESO Toolkit, ROV Extractor, ROV Evaluator, But, in addition to stock, there are other financial instruments. In this lesson, you'll learn how stocks are traded. ScienceDirect ® is a registered trademark of Elsevier B.V. ScienceDirect ® is a registered trademark of Elsevier B.V. Real options valuation with changing volatility, Copyright © 2015 Published by Elsevier GmbH, https://doi.org/10.1016/j.pisc.2015.11.004. Earn Transferable Credit & Get your Degree. Valuations are highly dependent on the expected growth of the stock. Which Is a Better Career Option, Getting an MBA in Finance or Working in Financial Risk Management? Modelacion de Riesgos (Tercera Edicion, VOL. ROV Dashboard, ROV Compiler, ROV BizStats, ROV Base II MOdeling Toolkit, Integrated Risk Management, and Strategic While option-pricing models are indeed a superior valuation tool—the usual use of the theory—we believe that real options can also provide a systematic framework serving as a strategic tool and that the real power of real options lies in this strategic application. How do you make critical business decisions? The theory has become a popular theme in most business schools across the world, as well … Real Options Analysis is the clearest book on real options that we have read to date. Mun provides a very practical step-by-step guide to applying simulations and real option analysis-invaluable to those of us who are no longer satisfied with conventional valuation approaches alone. Some elements of our software are Patent Pending. Modeling Toolkit, Basel III, His ability to clearly explain the relationships of popular competing analysis methods will make this a must have reference book for today’s decision makers. Employee Stock Options Valuation, Certified Quantitative Risk Management, What Is So Real About Real Options, and Why Are They Optional? Common stock valuation determines the price that a stock will sell for. Mun has converted his tacit financial knowledge into a digestible user-friendly book. Self-assessment quizzes are available to take following each lesson, as well as printable lesson transcripts. Mun demystifies real options analysis and delivers a powerful, pragmatic guide for decision makers and practitioners alike. You can test out of the first two years of college and save Real options theory draws parallels between the valuation of the financial options available and the real economy. We use cookies to help provide and enhance our service and tailor content and ads. Volatility change is a typical feature of real investment projects, where the riskiness of cash flow generated by the project can change significantly during the project life span. With this book, Dr. Mun attacks this poor excuse head-on by presenting a clearly organized, tool-supported methodology that logically progresses from exploring uncertainty that bounds risk to the creation of options for constructing realistic business strategies. Which Option Is Better, an MBA in Finance Management or a Master's Degree in Finance? After having read the book, readers will better understand the underlying theory and the opportunities for applying real option theory in corporate decision-making.