All training
Volet B — 2 modules

Évaluation de projets et d'entreprises

Master and interpret the numbers. Connect cash flow, business model and human dynamics to make informed investment decisions and maximise financial value.

Part B training

At a glance

2+2 jours (2 modules)
Luxembourg & Bruxelles
15-20 participants max
1.600€ HTVA / module

Le Volet B, pour ceux qui maîtrisent les fondamentaux.

Il est nécessaire de maîtriser les connaissances du Volet A avant de participer au Volet B.

Êtes-vous à l'aise avec ces concepts ?

Le Volet B s'appuie directement sur les notions du Volet A. Cochez celles que vous maîtrisez.

Exercice de transition

Révisez les fondamentaux avant votre session

Pour maximiser votre apprentissage du Volet B, nous vous recommandons de revoir 3 notions clés du Volet A : l'analyse du bilan, le tableau de flux de trésorerie, et le calcul du seuil de rentabilité.

Exercice PDF disponible prochainement.

Module 4

Investment criteria and decisions

Ghadi Kahil (LUX) / Benjamin Lorent (BXL) · 2 jours · 1 600€ HTVA

Master the time value of money: discounting, capitalisation, risk and valuation. Apply the main investment criteria (NPV, IRR, Payback, ROI) to select profitable projects.

Time value of money
Discounting, capitalisation, risk, inflation
Investment criteria
NPV, IRR, Payback, ROI
Project selection
Compare and choose the most profitable
Bruxelles - Centre
29 & 30 janvier 2027
Luxembourg - Centre
11 & 12 mars 2027
Investment criteria and decisions
Module 5

Company valuation and financing

Company valuation and financing
Laurent Gheeraert · 2 jours · 1 600€ HTVA

Value a company using the multiples and discounted cash flow methods (WACC, adjusted value). Understand the sources of financing and their impact on value. Negotiate effectively: distinguish value from price.

Valuation methods
Multiples, DCF, WACC, adjusted value
Sources of financing
Impact on the value of the company
Effective negotiation
Distinguish value from price, key arguments
Bruxelles - Centre
12 & 13 février 2027
Luxembourg - Centre
15 & 16 avril 2027
Tarifs

Choisissez votre formule

Module 4 - Investment criteria and decisions
1.600€ excl. VAT
2 consecutive days
  • You will be able to evaluate and compare investment projects, identify risks and opportunities, and make structured, value-creating financial decisions.
  • Understand the key criteria: profitability, cash flows, risk, return-on-investment horizon.
  • Evaluate projects: apply simple methods to compare projects, identify the optimal options and prioritise your investments.
  • Structured decision: know how to ask the right questions, anticipate the financial impacts and align your choices with your strategic objectives.
  • Create value: use investment analysis to generate a measurable positive impact on the company's performance.
Module 5 - Company valuation and financing
1.600€ excl. VAT
2 consecutive days
  • You will be able to value a company, understand the different financing options and make informed strategic decisions.
  • Understand company valuation: identify the methods and criteria used to determine the value of a company.
  • Analyse the financing options: know the different sources of financing and how to choose the one that best fits your needs.
  • Strategic decision: put valuation and financing into perspective to make informed, value-creating decisions.
  • Evaluate the risks and opportunities: anticipate the financial impacts of financing and valuation choices.
Recommandé
Full part - Company valuation (the 2 modules)
3.200€ excl. VAT
2×2 consecutive days, one month apart
  • You will be able to evaluate projects, measure the value of a company, choose the appropriate financing options and make structured financial decisions.
  • You will master the investment criteria: identify the levers of profitability, cash flows and risks to compare and prioritise your projects.
  • You will master company valuation: understand the valuation methods and interpret the results to secure your decisions.
  • You will master strategic financing: analyse the financing options and choose those that maximise value and minimise risks.
  • You will be able to make sound decisions: turn analyses and valuations into concrete, reliable choices aligned with your objectives.
Your trainers

Teaching team

Pr. Mathias Schmit

Pr. Mathias Schmit

Founder and Managing Director of Sagora (since 2004), Professor of finance and Director of Executive Education Programmes at Solvay Brussels School (since 2003), independent director. Mathias teaches module 1 "Financial diagnosis and planning" of the "Finance for managers" programme.

Ghadi Kahil

Ghadi Kahil

Impact Investment Associate at Telos Impact (Stellar Impact fund, Series A+ Agrifood) and Teaching Assistant in Corporate accounting at Solvay Brussels School. Ghadi teaches module 2 "Budgeting and financial planning in Excel" of the "Finance for managers" programme.

Pr. Benjamin Lorent

Pr. Benjamin Lorent

Professor of finance and accounting, CEO of Solvay Lifelong Learning and Academic Director at Solvay Brussels School. Benjamin teaches module 4 "Investment criteria and decisions" of the "Finance for managers" programme.

Pr. Laurent Gheeraert

Pr. Laurent Gheeraert

Professor of finance at Solvay Brussels School (since 2010) and Managing Director of the international QTEM network (since 2012), ex-Business Analyst McKinsey, CFA Institute. Laurent teaches module 5 "Company valuation and financing" of the "Finance for managers" programme.

Frequently asked questions

FAQ

Do I need to have completed Part A first?

Yes, Part B assumes a command of the concepts of Part A (budgeting, financial planning). If you have equivalent experience, contact us to discuss it.

What is the difference between Module 4 and Module 5?

Module 4 deals with the selection criteria for investment projects (NPV, IRR, Payback). Module 5 focuses on company valuation (DCF, multiples, WACC) and financing strategies.

Can I follow a single module of Part B?

Yes, each module is accessible individually at €1,600 excl. VAT. The complete programme (€3,200) offers an integrated view of valuation.

Will this training help me with a fundraising or a sale?

Absolutely. Module 5 covers the valuation and negotiation methods used in M&A operations, fundraising and due diligence.

Decide on and finance your projects with confidence

Access the module dates and turn your projects into winning decisions →