Прикладной анализ: отраслевая оценка компаний

2023/2024

Статус: Дисциплина общефакультетского пула

Кто читает: Международный институт экономики и финансов

Где читается: Международный институт экономики и финансов

Когда читается: 3, 4 модуль

Охват аудитории: для своего кампуса

Преподаватели: Петрова Мария Владимировна

Язык: русский

Кредиты: 3

Контактные часы: 44

Полная версия программы учебной дисциплины

Аннотация

Факультатив рассчитан на слушателей, знакомых с инструментами и принципами функционирования финансовых рынков, включая: акции и оценка активов (сравнительная оценка, DDM, DCF); облигации (виды, прайсинг, доходность, спред, дюрация, рейтинги); деривативы (базовый уровень); чтение IFRS/ US GAAP; Макро- и суверенная статистика (ВВП, инфляция, платежный баланс, курсы валют); банковское дело (ставки, кредитование и фондирование, отчётность и регулирование, риски). Язык факультатива: русский / профессиональный английский. Используемые инструменты: Excel/PowerPoint (обязательно), Bloomberg/Refinitiv Факультатив рассматривает отраслевую специфику при принятии инвестиционных решений на buy-side. Мы обсудим практику команды Совкомбанка к формированию инвестиционного портфеля.

Цель освоения дисциплины

Explain the basics of the certain industries (financials, business models, competitive advantages, risks)
Outline the process of decision-making in banks and financial institutions (buy-side)
Search for ideas, analyze and make investment decisions in corporate bonds, stocks, sovereign bonds, etc.

Планируемые результаты обучения

to make an investment portfolio
to work with financial instruments like bonds and equities
to analyze different industries and companies

Содержание учебной дисциплины

Oil & gas
Metals and mining. Fertilizers.
Telecoms. Energy
Consumer markets. Pharma & biotech
System of national accounts. Sovereign profits. Sovereign credit risk
Banks. Developers
Project finance

Элементы контроля

HA 3 – Sovereign bonds
1 (max 2, depending on a group size) student chooses a company or a country (as described in a particular HA) and prepares a presentation (.pdf format). The presentation should contain the basic information about a chosen issuer and instrument, analysis of its financials, competitive advantages and risks, and any other relevant information. The result is an investment recommendation based on the analysis. The recommendation should be up-to-date, not theoretic. The real thing that a student is ready to buy for himself. The HAs should be presented in a class (5-10 minutes presentation + discussion, depending on a group size). Additional guidelines for every HA will be sent
HA 4 – Projects modelling
1 (max 2, depending on a group size) student chooses a company or a country (as described in a particular HA) and prepares a presentation (.pdf format). The presentation should contain the basic information about a chosen issuer and instrument, analysis of its financials, competitive advantages and risks, and any other relevant information. The result is an investment recommendation based on the analysis. The recommendation should be up-to-date, not theoretic. The real thing that a student is ready to buy for himself. The HAs should be presented in a class (5-10 minutes presentation + discussion, depending on a group size). Additional guidelines for every HA will be sent
HA 2 – Protective stock
1 (max 2, depending on a group size) student chooses a company or a country (as described in a particular HA) and prepares a presentation (.pdf format). The presentation should contain the basic information about a chosen issuer and instrument, analysis of its financials, competitive advantages and risks, and any other relevant information. The result is an investment recommendation based on the analysis. The recommendation should be up-to-date, not theoretic. The real thing that a student is ready to buy for himself. The HAs should be presented in a class (5-10 minutes presentation + discussion, depending on a group size). Additional guidelines for every HA will be sent
Class participation and activity
HA 1 – Commodity company bond
1 (max 2, depending on a group size) student chooses a company or a country (as described in a particular HA) and prepares a presentation (.pdf format). The presentation should contain the basic information about a chosen issuer and instrument, analysis of its financials, competitive advantages and risks, and any other relevant information. The result is an investment recommendation based on the analysis. The recommendation should be up-to-date, not theoretic. The real thing that a student is ready to buy for himself. The HAs should be presented in a class (5-10 minutes presentation + discussion, depending on a group size). Additional guidelines for every HA will be sent

Промежуточная аттестация

2023/2024 4th module
0.25 * Class participation and activity + 0.187 * HA 1 – Commodity company bond + 0.187 * HA 2 – Protective stock + 0.188 * HA 3 – Sovereign bonds + 0.188 * HA 4 – Projects modelling

Программа дисциплины