Value Investing (Online): Making Intelligent Investment Decisions

At the end of the program, you will be able to:

• Apply the value investing principles to make smart, rational investment decisions
• Think independently about investment opportunities without simply following the market
• Learn to calculate asset value and earnings power value to understand the underlying value of a security
• Be able to conduct a strategic analysis of a company to understand its ability to produce ongoing profits
• Learn how to assess and value growth opportunities and learn why many value investors shun high growth businesses
• Execute a method for making investments by exploiting available data
• Follow a process for systematic valuation
• Strengthen your ability to evaluate growth and risk

Upon completion of this program, you will earn two credits towards a Certificate in Business Excellence with select alumni and tuition benefits.

Our approach to this program is to teach the core value investing concepts and then take the learners through in-depth case studies where they will apply these concepts. Key components include video lectures, case studies, and application exercises, so the methods are put to use with real-world company examples. Every two weeks, participants learn a new set of concepts and have multiple opportunities to apply the learning.

The program includes the following modules:

Module 1: Value Investment
Foundations, framework, and introduction to asset value: overview of the valuation approach and calculating asset value

Module 2: Earnings Power Value
The methodology to identify and buy securities priced well below their true value

Module 3: Strategic Analysis
Understanding the value of scale economies and barriers to entry

Module 4: Magna International Case Study
Valuation exercise for automotive market in the aftermath of the financial crisis

Module 5: Growth and Value
Estimating future earnings and accounting for growth using Walmart as an example

Module 6: Amazon Case Study
Calculating the value of a high-growth company in dynamic industry segments

Module 7: Risk Management
Managing the risks of individual stocks and portfolios through proven financial and management strategies

Module 8: John Deere Case Study
Using the value investing approach to evaluating the attractiveness of John Deere

Value Investing is appropriate for executives at all levels who want to refine their understanding of value-based investing principles for professional and personal use.

Individual investors and portfolio managers will benefit from learning the value investing methodology, uncovering opportunities that others miss. Beyond that, the analytical approach teaches critical thinking about growth and profitability, valuable for all corporate decision makers.

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.