Investment Club Training Program
At the end of ITP, all students who wish to become certified take a final exam and give a stock pitch. These two measures are weighted to rank applicants and determine which ITP attendees will become certified and have the opportunity to later become analysts.
Click here to sign up for the ITP program for Spring 2018!
Introduction to Markets — Equities, bonds, alternative investments.
Basic Economics — Inflation, rates, real vs. normal, time-value of money.
Portfolios — Risk and return, diversification, beta, efficiency, random walk theory.
Financial Statements — The 3 statements, SEC, basic principles of accounting.
Ratios and Comparables — Performance ratios and multiples, comparables analysis.
Discounted Cash Flow Lesson — Future vs. present value, projections, terminal value, discounting, WACC.
Discounted Cash Flow Walkthrough — Students create own models, learn Excel.
Putting It All Together — Stock picking, pitch examples, working day.
Final Examination — Multiple-choice and free response questions, proctored by VP of I-Club Training Program.
Stock Pitch — Students present fundamental analysis and valuation to Club Executive Board.