Advanced Value Investing
Advanced Value Investing
Overview
Building on our popular Value Investing program, the Advanced Value Investing program provides a deeper dive into the world of value investing. It explores how the practice has evolved since its inception and provides cutting-edge insights and best practices for the future of investing in a world of disruption and ever-changing trends in the market.
The practice of value investing is flexible and tactical. It uses techniques that are specific to the problem at hand and extends to investments beyond public equities. Advanced value investing emphasizes investing in compounders— companies that can reinvest capital at returns of invested capital well above the costs of capital, have large total addressable markets so that they can grow with the market and “compound” for long periods of time, and are careful in the evaluation of the risks of the business operations of the firm.
The program delves deeply into the logic compounders, both conceptually and in practice, followed by an analysis of the disruption and changing trends in the market. Two case studies help exemplify and deepen the understanding of disruption risks, equipping the participants to understand trends beyond standard diversification arguments.
Finally, the program explores slow-moving consumer trends by examining industries like healthcare, education, and leisure, leaving the participants better equipped to position their investment portfolio.
Please contact our Learning Solutions Specialists at +1 212-854-3395 for a personal conversation to learn more.
“More than ever, a good value investor is a specialized value investor, someone who understands a particular industry, market trends, or class of events very well. This program will equip you to become that value investor.”
Tano Santos
Faculty Director
Impact
Advanced Value Investing builds on the popular Value Investing program at Columbia Business School Executive Education. The Advanced Value Investing program offers:
- A crash course in the valuation framework, an investment approach that is flexible and tactical
- A deep dive into the framework of investing in compounders — companies that can reinvest capital at returns of invested capital well above the costs of capital and that have large total addressable markets so that they can grow with the market and “compound” for long periods of time
- A better understanding of risk beyond standard diversification arguments
- A look at the disruption and changing trends in the market, including macrotrends and regulatory threats
- The increasing importance of slow-moving consumer trends to the portfolio diversification
Upon completion of this program, you will earn three credits towards a certificate with select alumni and tuition benefits. Learn more.
Program Structure
Schedule
Live Online: Five consecutive days with daily live sessions from 1 to 4 p.m. ET.
In-Person: Three consecutive full days of in-person sessions on the Manhattanville campus in NYC. Includes breakfast, lunch, and all materials for the in-person program.
To view an agenda for either format of this program, please connect with a Learning Solutions specialist. Contact us.
Dates, fees, and physical locations are subject to change.
The program covers the following topics, which are supported by relevant case studies:
“Professor Santos is extremely helpful and knowledgeable in value investing. I have a much deeper understanding of how value investing is applied in modern times after this course.”
Herman Liu
Manager at Sung Kee Hong Ltd“Tano Santos was outstanding and very clear. Great presenter with a great sense of humor and terrific content.”
Donald B. Craven
Attorney and Energy Consultant“I can't recommend this course enough. Real-world context with great academic foundation.”
Chris Carlson
“I've been reading about value investing for decades. But after taking the online version of the Value Investing program, my thinking about value investing improved dramatically. Then I worked with the basic framework for three years. Then I took this advanced course and again, I noted a great improvement and advancement in my thinking, making me more capable of doing valuation even in the most modern industries such as online payment, online booking, etc. I recommend this course to every serious value investor.”
Frederik Bossens
“Very useful program. Tano Santos is awesome. I strongly recommend it.”
Juan Anton
Juan Anton“I found this course informative, though-provoking, and filled with great discussion on the topic of Value Investing. The content and interaction was excellent. I wouldn’t hesitate to recommend this program to a fellow colleague.”
Martin Darrer
Project Manager“Best program I have ever taken.”
Daizy Diab
DirectorParticipant Profile
Columbia Business School alumni and up to four of their colleagues are eligible for a 25 percent tuition benefit for this program. More on the Alumni Tuition Benefit.
Industry
Job Function
Faculty
Tano Santos
Robert Heilbrunn Professor of Asset Management and Finance
Director of the Heilbrunn Center for Graham and Dodd Investing
FAQ
Certification
I’m interested in the Certificate in Business Excellence (CIBE), how do I get started?
At Columbia Business School Executive Education, you’ll be able to customize a unique learning experience by selecting programs that best interest you and are most suited for your needs. Any completed program, regardless of format (live online, in-person, or online), will count towards the Certificate in Business Excellence.
Which programs qualify for the CIBE?
Any completed executive education program, regardless of format (live-online, in-person, or online), will count towards the Certificate in Business Excellence. Partner programs will also count towards the certificate.
Which programs do not qualify for 25 percent tuition benefit?
- Advanced Management Program
- Executive Development Program
- Developing Black Leaders in Financial Services
- Strategic Wealth Manager
- Global Banking Program: Fintech, Digital, and Analytics
- Chief Financial Officer
- Chief Marketing Officer
- Venture Capital Private Equity
- Digital Business Leadership Program
- Executive Program in Management
What programs are considered partner programs?
Executive education programs developed and administered with our educational partners, bring the best of our combined knowledge, thought leadership, resources, and expertise. Kindly find a list of our partners here on our partnership page.
What are the costs of the certificate?
There’s no set cost associated with the certificate path since you’re able to customize your learning journey with in-person and online programs (price will vary depending on the program type and length).
Are there any tuition assistance or scholarships?
At Columbia Business School Executive Education, we offer non-degree and non-credit-based professional development programs to the global business community. As our programs are non-degree and non-credit, they do not qualify for financial aid.
How are CIBE credits determined?
Credits for a program are determined by the program duration and total learning hours.
Where do I find information on the credit value for a program?
You will find this information on each program page. Credits range from 0.5 credits – 26 credits per program.
How do I get enrolled in the CIBE?
Your certificate journey will start with your first program, and you have 4 years to complete your CIBE. You may register for any of our executive education programs on each program page. You may enroll using the “Enroll Now” button, and the application process should take 5-10 minutes.
How do I receive credits?
You are required to fully attend a program and complete all necessary coursework in order to receive CIBE credits. Credits are only awarded after you complete a program.
How do I check the status of my Certificate completion?
Kindly reach out to a Learning Solutions representative for any questions on the status of your CIBE credit count.
Do CIBE credits expire?
Credits are only valid for four years (Please note: While we are not able to offer in-person programming due to the COVID-19 pandemic, the duration to complete the programming has been extended to five years.). If you have not completed your CIBE within four years, we will only count non-expired credits towards your CIBE credit total.
Does the Certificate in Business Excellence expire?
Your Certificate in Business Excellence does not expire. Once you become a certificate recipient, you will join the greater alumni community at Columbia Business School.
I’ve reached 18 CIBE credits, what’s next?
Congratulations! You should receive a digital copy of your certificate at the end of your program. If you do not receive a copy from your program manager, kindly contact your Learning Solutions representative or your program manager for next steps.
Will I receive a physical certificate?
Upon completion, you will receive a secure, digital certificate through Accredible. Within the platform you will have the option to print your credential, post it to your LinkedIn feed, or display it on your profile as a certification. Please contact your program manager for the status of your digital certificate.
How do I get access to my alumni benefits?
Once you complete your CIBE, we kindly ask for your patience as we process your alumni credentials. The processing time can take anywhere from 8 to 10 weeks long.
Can I refer colleagues to the Certificate in Business Excellence?
If you are a certificate holder, you may sponsor up to four colleagues each year for full-price in-person programs lasting up to seven days and all full-price online programs.
Can I add the Certificate in Business Excellence to LinkedIn?
Yes! We will provide you with instructions on how to add your certificate to your LinkedIn profile after you become a Certificate recipient.
Preferred Pricing and Tuition Benefits for Alumni
Are there preferred pricing options available for live online programs?
Yes, preferred pricing is available for groups of two or more. To inquire, email execed@gsb.columbia.edu.
As a Columbia Business School alumni am I eligible for tuition benefit?
Columbia Business School alumni and up to four of their colleagues are eligible for a 25 percent tuition benefit for this program. More on the Alumni Tuition Benefit.
Assignments
Will there be any homework or assignments?
For select programs, there will be some assignments to complete after the end of select program sessions. Assignments will typically consist of readings, self-reflections, and brief assessments. This approach is designed to help you practice your learnings.
How long will assignments take?
We do not expect that homework assignments will take up a large amount of time to complete.
Will there be any examinations or grades?
There will be no examinations or grades for our live online programs.
Access
When will I receive information on how to log in?
You will receive your login information immediately before the program start date. Kindly reach out to your Program Manager for further instructions on how to prepare and log in for the program.
What platform do you use to deliver live online programs?
We use the Zoom platform.
Recordings
Will sessions be recorded?
Most live online sessions (depending on the faculty and program) will be recorded and will be available for you upon request. In-person programs are not recorded.
How long will they be available for?
Recordings will be available for the duration of the program. Depending on the program, some recordings may have additional availability post-program.
How do I gain access to the recordings?
Your Program Manager will provide you with further instructions on how to gain access to recorded sessions.
Experience
How do participants network during the live online programs? Will I participate in group work?
Our live online programs are fully virtual and highly interactive. Most programs also feature small group work for a high-touch learning experience. The virtual program experience allows participants to feel comfortable and productive learning at home while preserving the interconnectivity of an in-person program.
What are the networking opportunities during the live online sessions?
Yes. Examples of this may include: virtual lunches, virtual receptions, use of the chat function, and virtual office hours for you to connect with participants and faculty. Please refer to the agenda of the specific live online program you are interested in for details.
Live Online Format
What are live online programs?
Now, more than ever, executives need the knowledge and insights to help them adapt to change and solve complex problems. As the business world has evolved, we have applied new best practices to continuously improve your learning experience. With our live online programs, we are taking select in-person programs and are translating them to a fully live and virtual format, delivering the same interactive sessions with faculty and real-time application of the knowledge you would experience in person.
What is the difference between live online and online programs?
Compare our two formats for distance learning here.
What does “live online” mean?
Live online programs are fully virtual, highly interactive programs taking place in real-time, often featuring small group work for a high-touch learning experience. Our Columbia Business School faculty stream to you live and virtually, no matter where you are located.
Are all live online programs the same in terms of format and length?
No. Please refer to the agenda of the specific live online program you are interested in. For any questions, please reach out to the Contact person listed on the program's web page.
Do I have to attend all live sessions?
Participants are expected to attend all sessions. However, we understand that participants may have scheduling conflicts. Kindly let us know in advance whenever possible and your Program Manager would be happy to discuss how we can help you get up to speed. We will also record most faculty sessions, which you can review upon request.
Will I need to attend the live sessions even if I’m based in a different time zone?
You are required to attend all live sessions even if you are based in a different time zone. (Kindly reach out to the Learning Solutions team to learn more about our asynchronous program offerings, which consist predominantly of pre-recorded videos that you can watch on your own time).
COVID-19 Safety Plans
Please review the latest COVID-19 related protocols at Columbia Business School.
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