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The Introduction to Real Options training course is for individuals
who want to begin applying real options in their business, but lack
the hands-on experience with real options analytics and modeling.
COURSE
DETAILS
This one-day course provides an overview of real options analysis while contrasting the approach with conventional discounted cash flow techniques, ultimately describing how to frame your company’s project strategic flexibility in a real options context. |
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| The course begins with exposure to real options valuation methodology and solving simple options using the ROA Toolkit. Next, learn how binomial lattices are used in valuations to illustrate their use by creating a binomial lattice in an Excel spreadsheet.
Finally, view several approaches of volatility measurement using Crystal Ball to account for various uncertainties in the valuation process as they simulate an example project NPV including the value of strategic flexibility with real options.
AGENDA
Introduction to Real Options is a one-day course with the following
agenda.
- Introduction
- Workshop agenda
- Workshop goals
- The Real Options Paradigm
- Traditional NPV Analysis & Real Options
- Who is using Real Options and How?
- Intuition Behind the Equations
- Closed Form Solutions: The Black Scholes Model
- Binomial Lattices as an Approximation
- Up and Down Steps
- Risk-Neutral Probabilities
- Working in a Risk-Neutral World
- Question and Answers
PREREQUISITES & FEE's
Advanced preparation includes:
- Working knowledge of Crystal Ball.
- Extreme comfort building Microsoft Excel worksheet models.
- Knowledge of Excel including experience building formulae using logical and statistical functions like MAX, IF, SUM, STDEV.
The US / Canada course fee is $745.
Courses outside North America must be ordered through our UK and Germany offices and are subject to local VAT. The course fee includes lunch and coffee breaks for both days, handouts, manuals, and CDs with example files. You must pay the course fee prior to attending the course.
> View our general training course policies
PAST PARTICIPANTS
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ABS Consulting
Air Products & Chemicals
Aquila
AT&T
Bayer Diagnostics
Baylor University
Bergey Inc.
BHP
Booz Allen Hamilton
BP
BristolMyers Squibb
British Energy
Cap Gemini Ernest & Young
Chevron Texaco
CNF, Inc.
Colorado Springs Utility
Duke Energy
ECS Risk Control
Entergy Corporation
Equiva Trading Company
Exelon-Power Team
Foamex
GE Capital
GE Powersystems
Gemplus Corp.
Gottlieb
Halliburton
Hewlett-Packard
Intel
Janssen Pharma
John Mansville
Johnson & Johnson
Lilly Corporate Center
Lloyds TSB
Monterrey Tec Institute
Navigant Consulting, Inc.
Northrop Grumman
Occidental Services
Pfizer
PG&E
Phillips 66
Pioneer
PolyOne Corp.
Rackspace Managed Hosting
Raytheon
Reliant Energy
Renessen LLC
Rohm & Haas Company
Salomon Smith Barney
Schlumberger Doll Research
Six Sigma Systems
Sprint
Storage Tek
Strategic Decisions Group
Sunoco
The Monitor Group
Timken
Tramedico International
Unilever
Union Pacific Railroad
University of Cincinnati
University of Kansas
University of Missouri, Kansas City
University of Texas at Arlington
Washington Gas
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"Very helpful for understanding
how a decision-maker might implement and understand real
options."
--Ben Chu, Commercial Analyst, BP
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"I really liked the course
detail and was extremely pleased with the instructor's knowledge."
-- William Kennedy, Union Pacific Rail Road |
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"Very tough subject to cover
in a single day, given different levels of audience exposure
to options. Very well done!"
--John Boston, GE Power Systems
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"I learned a practical approach
to using real options analysis in real projects."
-- Antonio Macias, CEMEX |
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"The course included real
life examples, anecdotes, and practical information about
implementing real options. I would recommend this course
to others interested in real options."
-- Jim Schreckengast, Gemplus Corp |
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 CONTINUING PROFESSIONAL EDUCATION (CPE) CREDIT
Introduction to Real Options is a group live software training course
worth 8 CPE credit hours (a credit hour is 50 minutes of training
per hour). Decisioneering, Inc. is registered with the National
Association of State Boards of Accountancy (NASBA) as a sponsor
of continuing professional education on the National Registry of
CPE Sponsors.
Program Level: Introduction to Real Options - Overview
State boards of accountancy have final authority on the acceptance
of individual courses for CPE credit. Complaints regarding registered
sponsors may be addressed to the National Registry of CPE Sponsors,
150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. www.nasba.org.
> Click here for more
information on our CPE Credits
REGISTRATION
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