Starts on

Starts on

December 4, 2018

Note: Application deadline extended till December 11, 2018.
Duration

Duration

2 months, online
6–8 hours per week

Program Fees

program fees

$3,750

info Flexible payment available

Why Learn Value Investing Techniques?

Columbia Business School Executive Education's two-month online program — Value Investing (Online): Making Intelligent Investment Decisions — teaches investors and corporate decision makers the most successful investment strategy ever developed. Investors like Warren Buffett and Mario Gabelli practice these timeless investing principles:

Always invest with a margin of safety.

Always invest with a margin of safety.

Rely on a system, not emotions, to drive decisions.

Rely on a system, not emotions, to drive decisions.

Risk ≠ Reward Work = Return

Risk ≠ Reward
Work = Return

Find the opportunities that other investors miss because they’re too enamored with the glamor stocks.

The Value Investing (Online) Learning Experience

  • Frameworks

    FRAMEWORKS

    Delivered via pre–recorded video lectures

  • Real-World Examples

    REAL-WORLD
    EXAMPLES

    Delivered through a combination of video and relevant case studies

  • Application of Learning

    APPLICATION OF
    LEARNING

    Exercises designed to apply the concepts and tools of value investing

  • Capstone Project

    CAPSTONE PROJECT

    Using the value investing approach to evaluate the attractiveness of John Deere

  • 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 evaluate the attractiveness of John Deere.

Case Studies

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

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.

Faculty

Tano Santos
Tano Santos

Faculty Co-Director, Heilbrunn Center for Graham & Dodd Investing; David L. and Elise M. Dodd Professor of Finance

Tano Santos is an expert in value investing at Columbia Business School. His current research focuses on two distinct areas: asset pricing, with an emphasis on theoretical and empirical models that can account for the predictability of returns, and applied economic theory, specifically, the economics of financial innovations as well as theory of organizations. Santos joined the Columbia Business School faculty in 2003.

Certificate

Upon completion of the program, participants
will receive a certificate of participation from Columbia
Business School Executive Education and one day towards a
Certificate in Business Excellence.

Value Investing (Online): Making Intelligent Investment Decisions

Your verified digital 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.