Stock Market Investing and Equity Valuation

From market foundations to valuation

This Coursera course opens with the basics of stock market investing, including portfolio construction and equity market concepts, before turning to fundamental analysis. It then builds toward valuation, showing how a company's financial statements feed into an estimate of what its shares are worth.

Forecasting and modelling

Forecasting and valuation modelling are the working tools here, supported by financial statement analysis and research reporting. The aim is to make a reasoned investment case, with the modelling kept transparent enough to challenge.

Practical habits

• Build a simple forecast for one company before reading the valuation section.
• Test how sensitive your valuation is to the growth assumption.
• Write a one-page research note that states the case against your view.