NBA 4120

Last Updated

  • Schedule of Classes - June 7, 2023 8:54PM EDT
  • Course Catalog - June 7, 2023 7:14PM EDT

NBA 4120
Equity Investment Research and Analysis

Course information provided by the Courses of Study 2022-2023.

This course 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 and prepare a stock report. A live portfolio is invested in late March with student picks. Topics include the research process, analysis strategies, valuation techniques and portfolio construction methods. 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. Limit is 30 students.

When Offered Spring.

Permission Note Enrollment limited to: non-Johnson School students.

Comments Video summarizing course available at: www.tinyurl.com/NBA4120

View Enrollment Information

Syllabi: none

  •   Regular Academic Session.  Combined with: NBA 5220

  • 3 Credits GradeNoAud

  • 17845 NBA 4120   LEC 001

  • Instruction Mode: In Person
    • Enrollment by Permission Only. Non -Johnson students ONLY. • Please contact Professor Scott Stewart at sds58@cornell.edu for information on how to apply to enroll. • Add/drop: January 17th at 9:00am to February 6th at 11:59pm. • You may only add or drop a full semester class after February 6th with permission of the faculty AND a late fee of $100.00 will be charged for each add or drop transaction. • If you are dropping after March 20th at 11:59pm, you will also receive a "W" on your transcript in addition to the late fees.

    Department Consent Required (Add)