NBA 4120

Last Updated

  • Schedule of Classes - May 12, 2024 7:31PM EDT
  • Course Catalog - May 12, 2024 7:07PM EDT

NBA 4120
Equity Investment Research and Analysis

Course information provided by the Courses of Study 2023-2024.

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. Each student defines an industry to study and prepares an "industry review." Each student analyzes in detail one stock in the industry and prepares 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. Templates, examples and detailed feedback on draft reports are 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 lectures, workshops, guest speakers, reading assignments, research assignments, lecture video assignments and student presentations.  

When Offered Spring.

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

Comments Video summarizing course can be viewed here.

View Enrollment Information

Syllabi: none

  •   Regular Academic Session.  Combined with: NBA 5220

  • 3 Credits GradeNoAud

  •  8557 NBA 4120   LEC 001

  • Instruction Mode: In Person
    Enrollment by Permission Only. NON-MBA students ONLY. Please contact Professor Scott Stewart at sds58@cornell.edu for information on how to apply to enroll. Add/Drop dates: January 16th – February 5th Deadline to drop February 5th at 11:59pm. Permission from faculty required to add/drop after February 5th. A late fee of $100.00 will be charged after February 5th. Deadline to drop without “W” March 18th. After this date, "W" grade on your transcript in addition to the late fees.

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