
Fundamental Equity Analysis Program – Curriculum
Curriculum Overview
The curriculum provides a structured study of financial analysis, valuation and equity evaluation. Instruction emphasizes long term fundamentals, competitive dynamics and intrinsic value principles.
Module Structure
The curriculum is delivered online through twelve modules with lectures, readings, analytical tasks and written case evaluation.
Modules
Module 1.
- Introduction to Fundamental Equity Analysis
- Market structure
- Investor roles
- Economic context
- Investment frameworks
- Financial Statement Analysis
- Income statement
- Balance sheet
- Cash flow statement
- Quality assessment
- Revenue and Cost Structure Evaluation
- Drivers of revenue
- Cost behavior
- Operating leverage
- Forecast implications
- Intrinsic Value Principles
- Value drivers
- Discounting principles
- Model design
- Scenario review
- DCF Modeling
- Cash flow construction
- Assumption design
- Sensitivity evaluation
- Outcome interpretation
- Comparative and Sector Analysis
- Peer groups
- Competitive forces
- Industry structure
- Market considerations
- Earnings Quality and Accounting Considerations
- Accrual analysis
- Management incentives
- Adjustments
- Evidence review
- Competitive Strategy Evaluation
- Competitive advantages
- Industry positioning
- Durability assessment
- Case considerations
- Risk Evaluation
- Market risk
- Business risk
- Valuation risk
- Portfolio implications
- Portfolio Construction Considerations
- Position sizing
- Diversification
- Holding period considerations
- Monitoring
- Equity Case Studies
- Company evaluation
- Model construction
- Competitive review
- Outcome scenarios
- Integrated Analysis Project
- Complete financial model
- Valuation framework
- Written analysis
- Final assessment
Assessment includes financial modeling assignments, written analytical work and a final integrated company evaluation.
Learning Outcomes
Participants completing the curriculum will be able to:
- Perform structured financial and competitive analysis
- Construct intrinsic value models
- Evaluate company quality and performance drivers
- Assess risk and scenario outcomes
- Develop evidence based equity conclusions