Program Details
The course introduces students to financial reporting as the “language of business”. Participants learn to analyze and interpret financial statements in order to assess the key drivers of the underlying business
- Location:
- Munich, Germany
- Program Type:
- Study Abroad
- Degree Level:
- Undergraduate
- Term:
- Summer
Program Overview
- Program Description:
This course aims at making you familiar with firms’ financial statements and financial statement analysis by enabling you to read and analyze them to your professional benefit. Hence, you will learn to consume, analyze and forecast financial statements. Adopting a user perspective, we move beyond the technical aspects of financial reporting and preparing accounts. Instead, based on these fundamentals, you are able to understand the firm’s past business activities through the lens of financial statements. The course seeks to enable you to forecast a firm’s future business activities and to conduct a sound fundamental equity valuation to challenge market prices of real-world companies.