This course focuses on the analysis of financial information arising primarily from the financial reports of firms. Fundamental analysis techniques are examined in detail with particular emphasis on the application of these techniques in equity (share) valuation decisions. Attention is also given to credit assessment and debt valuation decisions. The techniques are applied in cases and projects involving listed companies.

Topics considered include fundamental ratio analysis using reported financial information, and an analysis of accrual accounting and cash flows. You will undertake a structured analysis of profitability, growth and value generation in a firm, and develop forecasts of earnings and cash flows and use those forecasts in the context of both equity valuation and credit analysis. There is a specific focus on data analytics throughout the course.