The GFMI Equity Modeling Course For Finance Professionals
This Equity Modeling Course was designed for finance professionals who have previous knowledge of the valuation process. As part of the course curriculum, a class case will be used and students are expected to do some preparation before the course begins. Students are expected to have and be able to use a financial calculator and/or knowledge of Excel. Excel commands will not be taught, but the Texas instrument BAII calculator will be demonstrated.
Course Requirements:
Prerequisites: Equity Valuation
Program Level: Intermediate
Advance Preparation: Financials of chosen company to familiarize with the numbers in advance of class
Recommended CPE Credits: 7
Equity Modeling Course Objectives
By the end of this course, participants will be able to:
Review the mechanics of business valuation
Discuss the primary and secondary sources that may be necessary to create a model
Analyze stock reports to see how analysts value companies
Create a model to value a company
This course is broken up into four sessions:
Session 1: Common Valuation Methodologies will review with participants how companies are valued based on DCF, dividend valuation, and relative value ratios. This session will also show students how to analyze market signals that may help with valuation, including stock prices, ratings, and credit spreads.
In Session 2: Information Gathering and Steps to Creating a Model, participants will learn how to enumerate the sources of information that are necessary to create a valuation model, including primary, secondary, interpreting accounting issues, and understanding non-financial issues. By the conclusion of this session, participants will be able to create and test assumptions, review model results, and discuss scenario analysis.
By the end of Session 3: Analyzing Stock Reports, participants will be able to read and analyze several stock reports. They will then learn how to evaluate how stock analysts assign value to stocks.
The final session of the Equity Modeling Course, Session 4: Applying Knowledge to a Class Case will involve students participating in an example case. They will discuss the steps necessary to create a valuation model and then create that model for the class case. The results of the model will be reviewed and assumptions will be tested for reasonableness. After various scenarios are compared and contrasted, the findings of the class model will be presented with a buy/hold/sell decision and recommendations on how to increase the value of the case company will be discussed.
For additional information on this course and for our full course catalog, contact us at +1-516-935-0923 or [email protected]!
