Why Learn Value Investing Techniques?

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

Always invest with a margin
of safety.

Rely on a system, not emotions, to drive decisions

Rely on a system, not emotions, to drive decisions.

Risk ≠ Reward Work = Return

Risk ≠ Reward
Work = Return

Find the opportunities that other investors miss because they’re too enamored with the glamor stocks.

"We emphasize a valuation approach that is very different that you can learn in other valuation courses. We complement the approaches with the study of 5-7 companies and we evaluate both the economies and the competitive positions the companies operate in."

-Tano Santos, David L. and Elise M. Dodd Professor of Finance

Faculty Co-Director and Head of Research of the Heilbrunn Center for Graham & Dodd Investing

Program Experience

  • Byte-Sized Learning

    Bite-Sized Learning

  • Real-world Example

    Real-world Example

  • Case Studies

    Case Studies

  • Cohort-based

    Cohort-based

  • Grading & Evaluation

    Grading & Evaluation

  • Pre–recorded Video Lectures

    Pre–recorded Video Lectures

  • Application of Learning

    Application of Learning

  • Capstone Project

    Capstone Project

Who Should Attend

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.

Download the program brochure for a full participant profile.

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"The program helped me understand a new way of viewing investing."

-Craig Kelley,

Owner at KELLEY Investments USA

"The best part was the dialogue between classmates, myself, and the TA. Being able to get answers to long-held questions is a huge value-add."

-Britton Sorensen,

Investment Analyst, Sparrow Fund Management,

LLC USA

"The best part of the course for me was the diversity of cases discussed such as Walmart, Dollar General, Nestle, and Amazon."

-Kirit Modi, Managing Director,

Horizon Packs

INDIA

"Best part of the program was that concepts were introduced with good examples and case studies. The pace was good and the teaching assistant was the best I have had"

-Chintan Desai, Deputy Director,

NYC Department of Buildings USA

Participant Profile

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 strategy ever developed.

Participants by Job Function

Participants include both entrepreneurs and intrapreneurs, individual contributors, and cross-functional teams. Representative job functions and titles include:

  • CEOs & Managing Directors
  • CFOs
  • CIOs
  • Chairpersons
  • Financial Advisors
  • Financial Analysts
  • Full-time Investors
  • Fund Managers
  • Investment Directors
  • Investment Strategists
  • Portfolio Managers
  • Vice Presidents
More
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Representative Companies

Participants include employees from companies like:

  • Accenture
  • Bank of Tokyo and Mitsubishi
  • Credit Suisse
  • Dentsu
  • Deutsche Bank
  • Goldman Sachs
  • HSBC Private Banking
  • Ipsos
  • Johnson & Johnson
  • J.P. Morgan
  • KPMG
  • Merrill Lynch
  • Morgan Stanley
  • PayPal
  • Philip Morris International
  • Shell
  • Volkswagen
  • Wells Fargo
More
Less
  • Banking & Financial Services
  • Healthcare
  • Real Estate
  • Consulting
  • IT Services
  • Industrial Goods
  • Energy
  • Education
  • Transport - Logistics
  • Retail
  • Others*

Others* includes Advertising, Agriculture, Civil Construction, Ecommerce, Electronics & Hardware, FMCG, Human Resources, IT Products, Media, Telecommunications, and Tourism.

  • United States
  • Hong Kong
  • Singapore
  • Mexico
  • Australia
  • United Arab Emirates
  • Canada
  • United Kingdom
  • India
  • Taiwan
  • Others*

Others* includes Argentina, Belgium, Brazil, China, Colombia, Costa Rica, France, Germany, Greece, Ireland, Italy, Japan, Lebanon, Malaysia, Netherlands, Norway, Poland, Russia, Saudi Arabia, South Africa, Spain, Switzerland, and Taiwan.

Learning Journey

Learning Journey
  • Module 1: Value Investing Framework

    Foundations, framework, and introduction to asset value: overview of the valuation approach and calculating asset value.

  • Module 2: Earnings Power Value

    The methodology to identify and buy securities priced well below their true value.

  • Module 3: Strategic Analysis

    Understanding the value of scale economies and barriers to entry.

  • Module 4: Magna International Case Study

    Valuation exercise for the automotive market in the aftermath of the financial crisis.

  • Module 5: Growth and Value

    Estimating future earnings and accounting for growth using Walmart as an example.

  • Module 6: Amazon Case Study

    Calculating the value of a high-growth company in dynamic industry segments.

  • Module 7: Risk Management

    Managing the risks of individual stocks and portfolios through proven financial and management strategies.

  • Module 8: John Deere Case Study

    Using the value investing approach to evaluate the attractiveness of John Deere.

For full details of the curriculum, please download the brochure.

Download Full Syllabus

Case Studies

We 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?

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.

Faculty

Tano Santos

Tano Santos, David L. and Elise M. Dodd Professor of Finance

Faculty Co-Director and Head of Research of the Heilbrunn Center for Graham & Dodd Investing

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.

Certificate

Upon completion of the program, participants will receive a certificate of participation from Columbia Business School Executive Education and one day towards a Certificate in Business Excellence.

Learn more

Your 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.

Download Brochure