Value Investing
Based on the Ben Graham or Warren Buffett approach to allocating capital, this exclusive program will teach the frameworks and processes of investing that some of the most successful investors in the world employ to manage and preserve capital.
Value investing focuses on the economic analysis and the valuation of the business operations of the firm with the aim of obtaining an estimate of its fundamental value. It calls to invest in the firm if the fundamental value is sufficiently above the market value so that there is a margin of safety to protect the investor against unforeseen contingencies. The approach is integrated, with the economic analysis of the business operations of the firm, and the valuation of those business operations inform and support each other. In this way, the value investor obtains a coherent view of the firm.
With unmatched access to Wall Street, renowned finance and accounting divisions, and the Heilbrunn Center of Value Investing resources, Columbia Business School is the only school to offer this unparalleled program in investing.