Walmart
How does Walmart’s expansion into China affect our valuation estimates?
Making Intelligent Investment Decisions
February 1, 2022
2 months online
6-8 hours per week
US$3,750 or get US$375 off with a referral
Special pricing up to 20% discount is available if you enroll with your colleagues. Please send an email to group-enrollments@emeritus.org for more information.
Columbia Business School Executive Education's two-month online program — Value Investing (Online): Making Intelligent Investment Decisions — teaches investors and corporate decision makers the most successful investment strategy ever developed. Investors like Warren Buffett and Mario Gabelli practice these timeless investing principles:
Always invest with a margin of safety.
Rely on a system, not emotions, to drive decisions.
Risk ≠ Reward
Work = Return
Individual investors and portfolio managers will benefit from learning the value investing methodology, uncovering opportunities that others miss. But beyond that, the analytical approach teaches critical thinking about growth and profitability, which is valuable for all corporate decision makers.
Bite-Sized Learning
Real-World Example
Case Studies
Cohort-Based
Grading & Evaluation
On-Demand Video Lectures
Application of Learning
Capstone Project
Foundations, framework, and introduction to asset value: overview of the valuation approach and calculating asset value.
The methodology to identify and buy securities priced well below their true value.
Understanding the value of scale economies and barriers to entry.
Valuation exercise for the automotive market in the aftermath of the financial crisis.
Estimating future earnings and accounting for growth using Walmart as an example.
Calculating the value of a high-growth company in dynamic industry segments.
Managing the risks of individual stocks and portfolios through proven financial and management strategies.
Using the value investing approach to evaluate the attractiveness of John Deere.
Foundations, framework, and introduction to asset value: overview of the valuation approach and calculating asset value.
Estimating future earnings and accounting for growth using Walmart as an example.
The methodology to identify and buy securities priced well below their true value.
Calculating the value of a high-growth company in dynamic industry segments.
Understanding the value of scale economies and barriers to entry.
Managing the risks of individual stocks and portfolios through proven financial and management strategies.
Valuation exercise for the automotive market in the aftermath of the financial crisis.
Using the value investing approach to evaluate the attractiveness of John Deere.
For full details of the curriculum, please download the brochure.
Download BrochureWe apply concepts by valuing real companies through case studies from Walmart, Amazon, Intel, Nestlé, John Deere, and others. And we’ll tackle highly-debated topics like: When does growth create value? How can we measure competitive advantage? How should we value risk?
How does Walmart’s expansion into China affect our valuation estimates?
How does one even approach the valuation of a market giant growing approximately 30 percent per year?
Does the shrinking market for personal computers spell trouble for Intel?
How can we find value in an industry in deep decline?
When and how can an investor take advantage of a real estate bubble?
Capstone case study that cultivates understanding by pulling all the pieces together.
What does it mean when a company has a higher Earning Power Value (EPV) than its Asset Value (AV)?
How has Nestlé grown over the years — organically or via acquisitions?
Note: All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them.
On your journey to learning value investing principles with Columbia Business School Executive Education, you’ll be in good company. Past participants come from a wide range of industries, job functions, and management levels — from more than 40 countries around the world. This program teaches investors and corporate decision makers one of the most successful investment strategies ever developed.
Participants include both entrepreneurs and intrapreneurs, individual contributors, and cross-functional teams. Representative job functions and titles include:
Participants include employees from companies like:
— Jaime Casas, President, CAA Real Estate Developers
— Juancho Paolo Ligaya Jerusalem, Vice President | Marketing Cloud | Asia Growth Economies, Salesforce
— Frederick E. Neely, Financial Solutions Advisor, Bank of America Merrill Lynch
— Aneena Urbanek, Director, La Leonessa of N. America
— Aleks Mitrovic, Chief Technology Officer, Deploy Partners
Tano Santos is an expert in value investing at Columbia Business School. His current research focuses on two distinct areas: asset pricing, with an emphasis on theoretical and empirical models that can account for the predictability of returns, and applied economic theory, specifically, the economics of financial innovations as well as theory of organizations. Santos joined the Columbia Business School faculty in 2003.
Upon completion of the program, participants will receive a certificate of participation from Columbia Business School Executive Education and two days toward a Certificate in Business Excellence.
Download BrochureYour verified digital certificate will be issued in your legal name and emailed to you, at no additional cost, upon completion of the program, as per the stipulated requirements. All certificate images are for illustrative purposes only and may be subject to change at the discretion of the Columbia Business School Executive Education.
Note: Information contained herein should not be considered professional financial investment advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
Flexible payment options available.