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Compounding Value through Advantage: Investing in International Equities
Chris Beaven
Chris Beaven
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Compounding Value through Advantage: Investing in International Equities

Learn how professional investors evaluate investment opportunities in public equities. Using a case-study method, you will gain hands-on experience with topics central to assessing growth, returns, capital allocation, and valuation, as well as key skills such as financial modelling.

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Thursdays
 at
11:00
A.M.
 ET /
8:00
A.M.
PT
8 weeks, 2-3 hours per week
Intermediate
No experience required
No experience required
Some experience required
Degree and experience required

Description

In this Build Project, you’ll learn how investors decide to invest in a business deemed to provide a compelling future return. Throughout the 8-week project, you will act and think like an investment analyst, including conducting your own due diligence on a potential new investment idea. Under the guidance of an experienced industry expert, you will identify, assess and evaluate a potential investment opportunity, analyze the company’s performance, and build an Excel financial model to value it. You will summarize and present your research in an investment recommendation in PowerPoint, honing all-important skills for entry-level roles across Finance, Accounting, Banking, Investment Management, and Consulting industries.

Session timeline

  • Applications open
    December 1, 2024
  • Application deadline
    January 15, 2025
  • Project start date
    Week of July 8, 2024
    Week of
    February 3, 2025
  • Project end date
    Week of

What you will learn

  • Identify, assess, and analyze sources of corporate competitive advantage in potential equity investments, including their connection to key financial metrics that investors use to evaluate businesses.
  • Build financial models in Microsoft Excel to help value businesses and potential equity investments.
  • Prepare and present an investment recommendation for a potential equity investment.

Project workshops

1
Introductions and Preparing for Success
2
Assessing Competitive Advantage – Stacking the Odds
3
How to Spend it: Capital Allocation and Investing for Growth
4
Valuing a Company: It’s Worth How Much?!
5
Financial Modelling Introduction
6
Financial Modelling Intermediate
7
Constructing an Investment Thesis: What is your Edge?
8
Investment Committee Presentations

Prerequisites

  • A basic understanding of accounting principles (e.g., revenue, cost of goods sold, profits) and finance concepts (e.g., equity, debt).
  • Past experience using Microsoft Excel or Google Sheets (experience performing basic sums, products, etc.).
  • An interest in financial markets, and a desire to develop the “investor toolkit” and learn how professional investors evaluate investment opportunities.
  • Strong oral and written communication skills, with a desire to discuss, debate, and share your thoughts with others.

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About the expert

Chris Beaven is a Finance Build Fellow at Open Avenues, where he works with students leading projects focused on public equity investing.

Chris is a Business Analyst at WCM Investment Management, where he focuses on equity research for the firm’s global, fundamental growth strategies.

Chris has over 11 years of experience in the public equity markets, having initially started on the sell-side at Goldman Sachs. During Chris’ 9 years on the buy-side, he has had experience  in both equity and credit markets, long-only and long-short mandates, as well as focusing on  both regional and global/international investments.

He holds a LLB (Hons) in Law with French Law from University College London, and is a CFA charterholder, CFA Institute.

Outside of work, Chris enjoys spending time with his young family, as well as taking hikes with their labradoodle, ideally while listening to a podcast.

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