NBA 4120

NBA 4120

Course information provided by the Courses of Study 2019-2020.

NBA 4120 is an introduction to the theory and practice of equity research and is similar to that provided to aspiring analysts, as apprentices, in buy-side investment firms. The course provides a comprehensive framework for analyzing equity securities and developing formal target prices and BUY/SELL/HOLD recommendations. Students define an industry to study and prepare an "industry review." Students analyze in detail one stock in that industry. Topics include the research process, analysis strategies and valuation techniques. Detailed feedback on draft reports is provided. Students should be prepared to conduct rigorous, creative research based upon their own work and insights. Class is taught in a hybrid format composed of in-class and online lectures, in-class workshops, guest speakers, reading assignments, student presentations and investment conference calls. Student investment recommendations are used to manage a real small-cap equity portfolio.

When Offered Spring.

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Enrollment Information
Syllabi: none
  •   Regular Academic Session. 

  • 3 Credits GradeNoAud

  • 15823NBA 4120  LEC 001

  • Contact instructor Scott Stewart ( for approval to enroll. Short Application process required. Accounting is a prerequisite. Non-Johnson Grad, UG Srs/Jrs ONLY: Non-Johnson Students ONLY: January 14th at 8:00am to February 4th at 4:00pm. You may add or drop a full semester class after February 4th with permission of the faculty. A late fee of $100.00 will be charged for each add or drop transaction. If you are dropping after March 17th you will also receive a "W" on your transcript in addition to the late fees