Excerpt from course description

CFA Research Challenge

Introduction

The course focuses on developing valuation skills to produce an equity analyst report on a company, presentation skills to develop an effective presentation based on the report, and debating skills to effectively conduct a Q&A session. The skills developed in the course will allow students to sucessfully compete in CFA Research Challenge.

The course is seminar-based, and students will focus on understanding one company in depth: working on business description, industry and competition analysis, developing report of company expected financials, valuation, and risk analysis. Students will be challenged to understand company well enough to come up with a compelling economic investment thesis of company future developments. 

The course is a combination of regular meetings, which will start in October and end at the end of December (slowing down for the exam period), visits from various industry and academic guest lecturers on valuation topics, soft skills such as presentation and communication skills, and visits of previous competition groups on key competition skills. Internal elimination round is in December/January.

Students are expected to compete, but it is not necessary for the course. Priority will be given to those who want to compete. The course grade is independent of the competition.

For further information about the Research Challenge, see

http://www.cfainstitute.org/community/challenge/Pages/index.aspx

Course content

Full valuation of a real life case,

Financial statement analysis, 

Equity analyst report,

Review of valuation methods/theory,

Soft communication skills.

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.