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Valuation Fundamentals

Learn a first-principles based approach to Discounted Cash Flow Analysis (DCF) and how to interpret it side-by-side with valuation multiples. Navigate any variation of interview questions and explain your answers in Plain English.

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Hours of lessons 3+
Lessons
45
Level Beginner
Practice questions
896
Sample lessons
Lesson 1
Lesson 2
Lesson 3
Curriculum Financeable vs Competitors FAQ
2 Min
Course Introduction
Welcome to the Course!
Video Navigation Keyboard Shortcuts
20 Min
Section 01. What is Valuation?
Asset vs Cash Flow-Based Valuation
DCF Basics
Trading & Transaction Comparables
Burn it In! + Test Your Skills!
12 Min
Section 02. DCF Fundamentals
Intro to DCF Analysis
What is Discounting?
Basic DCF Mechanics
Burn it In! + Test Your Skills!
24 Min
Section 03. DCF Stage 1
Calculating Free Cash Flow
Valuation Step-By-Step
Time For Excel: DCF Stage 1
Burn it In! + Test Your Skills!
17 Min
Section 04. DCF Stage 2
Introduction to Stage 2
How to Calculate Terminal Value
Time for Excel: DCF Stage 2
Burn it In! + Test Your Skills!
41 Min
Section 05. Weighted Average Cost of Capital
Introduction to WACC
WACC: Debt and Equity Weights
Time for Excel: Debt and Equity Weights
WACC: Cost of Debt
Time for Excel: Cost of Debt
WACC: The Cost of Equity
Time for Excel: WACC
Burn it In! + Test Your Skills!
26 Min
Section 06. Enterprise Value Mechanics
Equity and Debt Fundamentals
The Impact of Cash
Public Company Mechanics
DCF Wrap-Up
Time for Excel: DCF Wrap-Up
Burn it In! + Test Your Skills!
18 Min
Section 07. Valuation Multiple Fundamentals
What is a Multiple?
A Shorthand DCF
Two Types of Multiples
Burn it In! + Test Your Skills!
45 Min
Section 08. Valuation Multiples: Trading vs Transaction
Trading Comparables
Excel Exercise: Trading Comparables (Part 1)
Excel Exercise: Trading Comparables (Part 2)
Transaction Comparables
Excel Exercise: Transaction Comparables
Valuation Big Picture
Burn it In! + Test Your Skills!
2 Min
Section 09. Course Wrap-Up
Wrap-Up
Certification Diagnostic
Certification Diagnostic
Terms & Conditions
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The other guys
Engaging animations visually demonstrate valuation concepts step-by-step, helping you grasp even the most complex ideas with clarity. This dynamic approach not only accelerates your learning but also gives you an advantage in understanding the full valuation process.
Dense, text-heavy slides and static formulas that make learning dry and difficult. These methods leave gaps in understanding, making it harder to connect the dots in real-world applications.
We teach you the foundational concepts and help you understand when and why each valuation method is used, giving you the intuition to apply them confidently.
Rigid, textbook explanations that emphasize formulas over context. Often overlooks the critical thinking and real-world decision-making required to succeed in interviews on the jobs.
Tackle valuation questions with confidence in both interviews and on the job. You’ll stand out as someone who truly understands the concepts, rather than just memorizing formulas.
Typically focus solely on job-related tasks, offering little support for excelling in interviews or developing the broader knowledge necessary to impress employers and colleague.
Is prior experience required?
We recommend that you have a basic understanding of accounting fundamentals. No other background is needed.
Will this help me on the job in Investment Banking?
Absolutely! In this course we go beyond the traditional valuation training and explain how to approach the nuances of valuation that simply aren’t taught in other courses. Most courses will just focus on mechanics, but with our course, you will see the bigger picture that most Investment Banking analysts don’t grasp until several years into the job.
Will this help me with Investment Banking interviews?
This course will absolutely give you an edge in interviews. Unlike other courses, we don’t just throw formulas at you and hope it sticks. You’ll learn valuation fundamentals with animations showing the whole process in motion. We receive countless inbound emails and messages saying that this course was instrumental in helping folks break into Investment Banking.

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