3.00 Credits
This course focuses on the characteristics, analysis, and valuation of equity securities, including the discussion of useful frameworks for conducting economic, industry, and individual company analysis. The three main equity valuation approaches (present value, multiplier, and asset-based), as well as the basics of financial statement analysis, financial modeling, and forecasting is covered. There will be two parts to the course: the first part will involve learning the course materials, while the second part will focus on the practical application of the knowledge gained from the course. The course will culminate in preparing, presenting, and delivering an actual equity research report as a team.
Prerequisite:
FIN 346 requires a prerequisite of FIN 325 or a prerequisite or corequisite of FIN 344, a minimum 2.50 cumulative GPA, and acceptance to the Finance major.