Explores recent developments in financial management and financial analysis through the use of modern finance theory to make capital allocation decisions that lead to the creation of long-run value. Focuses on applications and spreadsheet modeling. Utilizes valuation analysis models to merge financial, corporate, and business strategies to measure and manage corporate value. Offers students an opportunity to develop an understanding of the mechanics of the valuation process, along with an understanding of the drivers of value and the development of strategies for value creation. Discusses contemporary topics, for example, environmental, social, and governance, or ESG; valuation of nontraditional assets; and valuation of digital firms. Covers issues relevant to valuation and strategy consultants, corporate managers, securities analysts, and private equity analysts.