OVERVIEW

Value Investing (Online): Making Intelligent Investment Decisions is a two-month online program that teaches one of the most successful investment strategies ever developed. Legendary investors like Warren Buffett and Mario Gabelli have been guided by the Value Investing principles during their entire careers. It’s an investment approach that helps investors identify, research, and buy securities priced well below their true market value.

This program is designed to give you a strong foundation in the value investing process. We’ll give you tools and strategies to collect and analyze information as well as an integrated framework that teaches you how to identify opportunities for investment that others may miss.

Value investing was developed at Columbia Business School in the 1920s by finance professors Benjamin Graham and David Dodd. Columbia Business School is known as the center for value investing and is home to the Heilbrunn Center for Graham and Dodd Investing. The school has many distinguished value investor alumni including Warren Buffett, Mario Gabelli, Glenn Greenberg, Charles Royce, and John Shapiro. Columbia Business School’s value investing methodology is taught in this program. While it is admired globally, investors turn to Columbia Business School to learn from the source.

We ask questions such as:

  • Does diversification create value?
  • How do economies of scale, first mover advantage, and barriers to entry factor into the equation?
  • When does the value investor know when to buy?
  • When does growth create value?

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

Who will benefit?

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

A globally connected classroom

  • Byte-sized Learning
  • Cohort-based
  • Case Real-world Studies Application
  • Grading
  • and Evaluation

Program highlights

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.

  • 175 Video Lectures
  • 8 Exercises
  • 8 Case Studies

Your learning journey

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Case studies

We apply concepts by valuing real companies through case studies from Walmart, Amazon, Intel, John Deere, and others. And we’ll tackle highly-debated topics such as: When does growth create value? How can we measure competitive advantage? How should we value risk?

Walmart

How does Walmart’s expansion into China affect our valuation estimates?

Intel

Does the shrinking market for personal computers spell trouble for Intel?

Amazon

How does one even approach the valuation of a market giant growing approximately 30 percent per year?

John Deere

Capstone case study that cultivates understanding by pulling all the pieces together.

Hudson General

What does it mean when a company has a higher Earning Power Value (EPV) than its Asset Value (AV)?

Nestle

How has Nestle grown over 04 the years — organically or via acquisitions?

Magna International

How can we find value in an industry in deep decline?

Ferrovial

When and how can an investor take advantage of a real estate bubble?

Note: All product and company names are trademarks or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.

Benefits to the learner

Intellectual Capital

  • Rigorous and experiential curriculum
  • World-renowned faculty
  • Globally connected classroom
  • Action learning: learning by doing

Brand Capital

  • Certificate of Completion from Columbia Business School Executive Education

Social Capital

  • Build new networks through
  • peer interaction
  • Benefit from diverse class profiles

Career Capital

  • Personal acceleration through a proven investment strategy
  • Learn while you earn
  • Grow wealth by spotting opportunities

Syllabus

The program pivots between teaching concepts and applying them to real-world case studies. Every two weeks, participants learn a new set of concepts and have multiple opportunities to apply the learning.

Module 1

Value Investing Framework

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 the 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.

Certificate

Upon completion of the program, participants will receive a certificate of participation from Columbia Business School Executive Education.

Upon completion of this program, you will receive a digital verified certificate. This certificate also counts one day towards the Certificate in Business Excellence, which has select alumni and tuition benefits. Your digital verified certificate will be issued in your legal name and emailed to you, at no additional cost, upon completion of the program, as per the stipulated requirements. All certificate images are for illustrative purposes only and may be subject to change at the discretion of the Columbia Business School Executive Education.

Participants by Job Function

Participants include both entrepreneurs and intrapreneurs, individual contributors, and cross-functional teams. Representative job functions and titles include:

  • CEOs & Managing Directors
  • CFOs
  • CIOs
  • Chairpersons
  • Financial Advisors
  • Financial Analysts
  • Full-time Investors
  • Fund Managers
  • Investment Directors
  • Investment Strategists
  • Portfolio Managers
  • Vice Presidents

Representative Companies

Participants include employees from companies like:

  • Accenture
  • Bank of Tokyo and Mitsubishi
  • Credit Suisse
  • Dentsu Inc.
  • Deutsche Bank
  • Goldman Sachs
  • HSBC Private Banking
  • Ipsos
  • Johnson & Johnson
  • J.P. Morgan
  • KPMG
  • Merrill Lynch
  • Morgan Stanley
  • PayPal
  • Philip Morris International
  • Shell
  • Volkswagen
  • Wells Fargo

Keeping it interesting

Our globally connected classrooms enable participants to seamlessly interact with their peers to complete group assignments and stay on track toward program completion—having culturally enriching encounters along the way.

Program Requirements

To access our programs, participants will need the following:

  • Valid email address
  • Computing device connected to the internet: PC/laptop, tablet, or smartphone
  • The latest version of their preferred browser to access our learning platform
  • Microsoft Office and PDF viewer to access content such as documents, spreadsheets, presentations, PDF files, and transcripts

Other Requirements

Programs may necessitate the use of various software, tools, and applications. Participants will be informed about these additional requirements at the registration stage or when the program begins. Our program advisors are also available to respond to any queries about these requirements.

Program taught in:
English
Last updated January 25, 2019
This course is Online
Start Date
Mar 27, 2019
Duration
2 months
Full-time
Price
3,750 USD
*Program fee is exclusive of GST applicable to Singapore residents
Deadline
By locations
By date
Start Date
Mar 27, 2019
End Date
Application deadline

Mar 27, 2019

Location
Application deadline
End Date