Valuation Master Class
The complete, proven, step-by-step course to guide you from novice to valuation expert.
Valuation Master Class is an online, video-based training program that teaches beginners in finance every step in the valuation process to transform them into valuation experts.
This course will help you become a valuation expert, whether you are new to the field of finance and want practical valuation experience, have already been valuing companies and want to deepen your knowledge, or you have no knowledge of finance and want to switch your career to the world of finance.
The full Valuation Master Class consists of five modules, which our students say takes about 200 hours to complete. But to get to Module 5, you must progress through the first four modules! The current course you are signing up for is Module 1, which contains 8 hours of content. Each chapter contains video lessons that will introduce you to foundational topics in valuing companies.
We teach in short blocks of content. Each lesson starts with a learning outcome statement and ends with a summary of what you have learned to help you better retain the material. In this course, your knowledge will build progressively, so you must finish each lesson before moving on to the next.
When you sign up for the course, you will receive the financial model that I use every day to value companies. You will complete assignments in this financial model throughout the course, which assures you are putting your new knowledge into practice.
When you first enter the course, you will also get access to the Facebook membership group, which will allow you to contact me at any time. I encourage all my students to reach out with any questions. You get lifetime access to all the course materials so you can always go back and review prior lessons. Also, with your lifetime membership allows you to have access to any newly added material.
If you want to build a competitive advantage in company valuation, you want a strong foundation in finance and valuation, and industry-leading methods of equity valuation, the Valuation Master Class is for you! Our typical students fall into one of these categories:
Highly driven, ambitious industry newcomer
Established industry professional
Skilled individual transitioning into finance
Introduction & welcome
L02 The most important financial statement
L03 How shareholders set up a business
L04 Balance sheet basics
L05 Four main types of long-term assets
L06 The importance of inventory
L07 Depreciation and accrued accounts
L08 Principles and four main accrual accounts
L09 Gross profit and retained earnings
L10 Settling accounts receivables and payables
L11 Wrap up
Ch1 Questions
L01 Introduction & welcome
L02 Speed vs accuracy
L03 Valuation starts with revenue
L04 ValueModel Setup and Troubleshooting
L05 A - ValueModel - Forecast revenue
06 Common-size analysis - Net margin
L07 Forecasting gross profit
L08 Common-size analysis - Gross margin
L09 Porter on competitive advantage
L10 B - ValueModel - Forecast gross profit
L11 Common-size analysis - EBIT margin
L12 C - ValueModel - Forecast EBIT
L13 MSCI and sector analysis
L14 Wrap up & next steps
Ch 2 Questions
L01 Introduction and welcome to chapter 3
L02 Current assets
L03 D - ValueModel - Forecast current assets
L04 Common-size analysis - Current assets and forecasting cash
L05 Long-term assets - LT investments
L06 Long-term assets - Gross fixed assets
L07 Capex and how to forecast it
L08 ValueModel treatment of fixed assets
L09 E - ValueModel - Forecast gross fixed assets
L10 Accumulated depreciation and how to forecast it
L11 Long-term assets - Net fixed assets
L12 F - ValueModel - Forecast NFA and other assets
L13 Common-size analysis - Liabilities
L14 Forecasting liabilities
L15 G - ValueModel - Forecast liabilities
L16 H - ValueModel - Forecast equity
L17 Wrap up & next steps
Ch 3 Questions
L01 Introduction & welcome
L02 9 Valuation Mistakes and How to Avoid Them
L03 I - ValueModel - Detect common errors
L04 Wrap up & next steps
Ch 4 Questions
L01 Deeper research about FAST
Ch 5 Questions
L01 Introduction and welcome to chapter 6
L02 The foundation of valuation - DCF
L03 Value FAST using constant growth model
L04 Free cash flow to the firm
L05 Free cash flow to equity
L06 J - ValueModel - Review free cash flow output
L07 Cost of equity
L08 K - ValueModel - Estimate cost of equity
L09 Weighted average cost of capital
L10 L - ValueModel - Estimate weighted average cost of capital
L11 Fade and terminal periods
L12 M - ValueModel - Fade and terminal period assumptions
L13 N - ValueModel - Review discount valuation output
L14 Wrap up and next steps
L15 Tell the world when you've finished Module 1
Ch 6 Questions
L01 Introduction and welcome
L02 Relative valuation
L03 O - Valuemodel - Review multiple valuation output
L04 Relationship between DCF and multiples
L05 Sensitivity analysis
L06 Wrap up and next steps
L07 How to continue your journey
L08 How to join Module 2
Ch 7 Questions
Module 1: Valuation Novice
You will familiarize yourself with the ValueModel (uniquely enables you to value any company in the world) and learn to recognize common valuation mistakes. You will gain a strong understanding of financial statements, forecasting, and valuation.
Module 2: Valuation Advanced Beginner
You will value and do forecasts for 5 companies from different sectors, industries, and countries using the ValueModel. Importantly, your work will be reviewed by your peers and myself.
Module 3: Valuation Competent
You will value 5 companies from different sectors, industries, and countries, along with 2 of your choice. Moreover, you will evaluate and give feedback on valuations done by 4 junior students.
You will prove your valuation skills by valuing young companies in new industries and situations. The connection between real business and valuation will become evident. You will start to learn how to present your valuations in a proper, written format.
Module 4: Valuation Proficient
You will value 9 companies (2 distressed, 2 from different sectors, and 5 of your choice). Also, you will evaluate and give feedback on valuations done by 5 junior students.
You will acquire immense practical experience in valuing companies, deepen your knowledge of specialized topics, and learn how to identify weak points in professional equity research reports. Also, you will learn to present your valuations compellingly.
Module 5: Valuation Expert
You will choose a company to value and write a full report while presenting your buy/sell recommendation to me as if I was your client. You will review and give feedback on 6 junior students’ valuation work.
Congratulations, you have become a Valuation Expert! You have valued 21 companies and reviewed the work of other students on a further 15 companies. At this point, you have developed the ability to produce world-class equity research. Though you should never stop learning, you are now equipped to continue developing on your own. It is time to get that dream job!
“Andrew’s passion for teaching comes to life as early as the first video on Module 1. This really helped me remain relentless from Module 1 to Module 5, and it elevated my performance as an investment banker and current investment fund analyst. It’s amazing how I can now value any company in the world right away, without any confusion or overthinking.”
“Before the Valuation Master Class, I had no offers, no experience, and almost gave up on my dream to work in finance. Fortunately, Andrew helped me turn that around. Check out my story!”
“Andrew’s commitment to the students is incredibly unique. I’ve never had a teacher who cared this much about my learning and development. The unique nature of this course helped me learn more about finance in a month than 3 years of finance courses in university!”
“The Valuation Master Class changed my life and the way I understand my business. I graduated from this course with the ability to completely understand the finances of my company, which is absolutely crucial when you run a business. Looking back, I realized there’s no better feeling than being taught and getting feedback directly from THE Dr. Andrew Stotz! Learning from him is a total confidence-booster and not many people can say they were mentored by an award-winning analyst and CFA Society president!”
Get all your questions answered!
Some people ask us why we make it so easy for our students to get a refund. The answer is that it motivates us to make our material cutting edge and to make sure that we deliver more than what you expected. We have a 30-day, no-questions-asked, money-back guarantee. We don’t want your money if you’re not satisfied. Once in the course, you can request your refund at any time within 30 days. I know what you are thinking, “Could I sign up, download all the content, and then ask for a refund?” The answer is, “Yes.” But despite that, we get almost no refund requests because our students feel the value they get (plus, they don’t want to lose access to the Facebook group, where all the magic happens!).
You will earn a certificate of completion at the end of the course. You will also get instructions on how you can add a certificate of completion on your LinkedIn page. And if you wish, you can also apply to get a personal recommendation on your LinkedIn directly from your teacher, Dr. Andrew Stotz.
Once you are in the class, you will have direct access to your teacher, Dr. Andrew Stotz and his team. You will be able to contact them through email, Facebook Messenger, and even video if needed. We created this course because we have a passion for helping our students succeed, so don’t worry, we will always be available for you.
You are ABSOLUTELY welcome! We all wish we had started learning at an earlier age! Dr. Stotz has worked hard to make the material easy-to-understand, so you should have no problem. All you need to do is put your heart into it and we will make sure that you get all the value we have to offer!