FORMAT
offline, Kyiv
10, Dobrovolchykh Batalioniv St.
SPEAKER
Mykhailo Kolisnyk
COST
17000 UAH
Seminar-training by Mykhailo Kolisnyk
Assess the value of your business and new projects. How to see the value, risk, and potential of an idea through financial eyes
The programme aims to teach managers to see, create and justify value — both for existing businesses and new projects that are just emerging in Excel or PowerPoint.
Participants will gain tools for:
• objectively evaluating a business as an asset that generates future cash flows;
• make decisions about whether to launch or abandon a project based on financially sound calculations rather than intuition;
• form a reasoned position during negotiations with investors, stakeholders or owners;
• understand the impact of financing structure, implementation timing and risks on the final value of an initiative.
The programme combines classic financial tools (DCF, WACC, multipliers, NPV, IRR) with their practical application in today’s corporate environment. It doesn’t just teach you how to ‘count,’ but helps you see value as a strategic management criterion.
The programme helps you:
• understand where value comes from — in business in general and in specific projects;
• read financial models and build basic DCF and cash flow scenarios on your own;
• understand the logic of investors — what they see in reports, what questions they ask, and what risks they consider;
• evaluate the effectiveness of your own direction or initiative in terms of value, not just costs.
The programme does not require in-depth knowledge of accounting or financial reporting. All financial concepts are presented in a simple, vivid manner and through examples. It is a language course in financial argumentation for non-financial professionals who want to speak with confidence in the language of numbers with CFOs, investors or CEOs.
This programme is designed for
The programme is designed for managers who make strategic decisions and want to see more than just ‘reporting’ behind the numbers, but rather the real value of the business and the potential of new initiatives.
The focus is on middle managers, business line managers, project managers and function managers who:
- are responsible for developing new projects, launching initiatives or implementing changes;
- plan investments, justify resource requirements or defend budgets;
- participate in strategic planning or prepare analytical notes for senior management;
- interact with financial analysts, investors or external partners.
These are people of action who want to master financial valuation tools — not from a theoretical perspective, but as a means of daily management, decision-making and conducting reasoned negotiations.
SPEAKER
Mykhailo Kolisnyk
Mykhailo Kolisnyk
President of CFO Club Ukraine
Professor at the Kyiv School of Economics (KSE)
Managing Partner at FINART Smart Solutions (FASS)
Mykhailo Kolisnyk teaches finance courses at the Kyiv School of Economics (KSE) and has taught strategic planning at the Edinburgh Business School, the Business School of the Institute for Privatisation and Management (Minsk), the Lviv Business School of the Ukrainian Catholic University, and other leading business schools in Ukraine and abroad. He holds a PhD in Economics, is an associate professor and a certified securities trader. He graduated from the Faculty of Engineering and Economics at Lviv Polytechnic National University.
After defending his thesis and completing an internship at Wayne State University (Detroit, USA) and Copenhagen Business School, he interned at the consulting firm Dansk Management Forum (Copenhagen, Denmark), and completed a number of internships at leading business schools in Slovenia (IMTA, IEDC) and the Netherlands (Maastricht University). Mykhailo currently works as a financial consultant on international projects and teaches courses in financial management, investment management, and management and financial accounting. For three years, he was a member of the supervisory board of PekaO Bank (Ukraine) and a member of the supervisory boards of a number of domestic companies. He worked as a consultant for the International Finance Corporation (IFC). His favourite pastimes are swimming, photography, travelling and working with the Internet. Mykhailo Kolisnyk is the author of more than 100 articles in the field of finance and strategic management and headed the Kyiv-Mohyla Business School (kmbs) from 2008 to 2010.
Practical skills acquired by participants upon completion of the programme:
1. Evaluating an existing business based on financial flows
- Building a discounted cash flow (DCF) model with cash flow forecasts.
- Determining the value of a business taking into account terminal value, WACC and the planning period.
- Critical assessment of model assumptions (revenues, expenses, capital investments, working capital).
2. Calculating the discount rate (WACC) taking into account the market and capital structure
- Determining the value of equity through CAPM, risk assessment (β, ERP).
- Analysing the company’s financing structure and its impact on value.
- Determination of the value of debt capital and tax shield.
3. Application of the multiplier approach
- Working with EV/EBITDA, P/E, P/BV and other indicators.
- Selection of relevant peer companies for comparative analysis.
- Interpretation of results and combination with DCF into a hybrid valuation.
4. Valuation of investment projects
- Calculation of NPV, IRR, payback period, PI.
- Building a financial model for a new initiative, taking into account costs, revenues and risks.
- Preparation of an investment justification and presentation of results in a format that is understandable to stakeholders.
5. Risk analysis and scenario planning
- Identification of key variables, sensitivity of results to changes in assumptions.
- Creation of scenarios (optimistic, baseline, pessimistic).
- Application of Monte Carlo simulations in Excel or other tools.
6. Early-stage project evaluation: MVP, startup, pre-revenue
- Building a value forecast logic in the absence of a full history.
- Considering the value of options for development, expansion, or exit from the project.
- Understanding the limitations of classic models for innovative businesses.
7. Financial argumentation and negotiation practice
- Building a compelling case for an investor, CEO or commercial director.
- Determining the ‘value’ of a decision for a company in terms of money, not just intuition.
- Preparing to defend an investment project from a financial perspective.
8. Forming a strategic vision through the lens of value
- Ability to see how operational decisions affect the value of the business.
- Separating tactical decisions from strategically valuable ones.
- Using value assessment as a compass for the development of a business direction or company.
THE COST OF TRAINING
10, Dobrovolchykh batalyoniv Str., Kyiv
17000 UAH