Financial Analysis Fundamentals
Most people think financial analysis is just about crunching numbers. But here's what I've learned after years in this field – it's really about understanding the story behind those numbers and making decisions that actually matter.
This program walks you through real-world financial scenarios. We start with balance sheets that look like puzzles, then move into cash flow patterns that reveal how businesses actually operate. By the end, you'll read financial statements the way experienced analysts do.
Next cohort begins September 2025 | 16-week immersive program
How We Actually Teach This
Forget those courses where you memorize formulas and hope they stick. Our approach came from watching what works in actual finance departments across Thailand's growing business sector.
We build each lesson around real company data – sometimes messy, often incomplete, always interesting. You'll spot red flags in financial reports, calculate ratios that reveal operational health, and learn when the numbers don't quite add up.
The breakthrough usually happens around week 7. That's when students stop asking "how do I calculate this?" and start asking "what does this tell me about the company?" That shift changes everything.
- Case studies from Southeast Asian markets with actual business challenges
- Weekly analysis assignments using live financial data
- Small group sessions where you defend your interpretations
- Industry software tools that finance teams actually use daily
- Monthly guest analysts who share what they wish they'd learned earlier
What You'll Actually Learn
Statement Analysis
We start by deconstructing financial statements until you can spot inconsistencies and opportunities. This phase builds your foundation – not glamorous, but absolutely necessary.
- Balance sheet structure and common pitfalls
- Income statements beyond basic revenue
- Cash flow interpretation techniques
- Footnote analysis (where truth often hides)
Ratio Deep Dive
Every industry has its own meaningful ratios. You'll learn which ones matter for retail versus manufacturing, and why context changes everything about interpretation.
- Liquidity and solvency measures
- Profitability metrics that reveal efficiency
- Industry-specific benchmarking approaches
- Trend analysis across quarters and years
Valuation Methods
Here's where analysis becomes practical. You'll value companies using multiple approaches and learn why your answers should never perfectly match.
- DCF modeling with realistic assumptions
- Comparable company analysis
- Asset-based valuation scenarios
- Understanding valuation range vs. precise number
Who's Teaching You
Our instructors come from finance departments, audit firms, and investment analysis roles. They've all made mistakes in real situations – which makes them better teachers than those who only know theory.
Petra Kowalski
Financial Statement Analysis
Spent 8 years analyzing quarterly reports for investment firms. Now helps students avoid the interpretation mistakes she's seen cost companies millions.
Margot Villeneuve
Ratio Analysis & Benchmarking
Former audit lead who knows exactly which ratios raise eyebrows during reviews. Her weekly office hours are always full.
Helena Björkman
Valuation & Modeling
Built valuation models for cross-border transactions throughout Southeast Asia. Teaches practical modeling that survives real-world scrutiny.
Ingrid Johansen
Industry Context & Applications
Analyzes sector trends for regional investors. Brings current market examples into every session and explains why certain patterns emerge.
Your Learning Journey
Month 1: Foundation Building
You'll feel overwhelmed at first – everyone does. We're introducing financial terminology, statement structures, and analytical frameworks faster than feels comfortable. But there's a method here.
Month 2: Pattern Recognition
Things start clicking. You begin noticing relationships between different financial metrics. Your case analysis becomes more confident, and you stop second-guessing every calculation.
Month 3: Advanced Applications
Now you're building complex models and defending your analysis in group discussions. The work gets harder, but you're ready for it. Guest analysts start sharing insights that wouldn't make sense without your foundation.
Month 4: Independent Analysis
Your capstone project involves analyzing a real company and presenting your findings. Some students choose companies from Thailand's market, others look regionally. Either way, this is where everything comes together.
Ready to Start Learning?
Applications for our September 2025 cohort open in May. We typically accept 24 students per session to keep the quality of instruction high and ensure everyone gets feedback on their work.
Get Program Details