The goal of TUIA is to provide hands on investment management experience and an opportunity for members to accelerate their classroom learning. TUIA offers five training modules that provide members with the foundation necessary to progress through the organization. Additionally, an Owl Fund Equity Certification can be obtained after the five training modules are completed. The advantages of independently earning the certification include separating yourself from peers, gaining a greater understanding of stock valuation and becoming Bloomberg Equity Certified.

Fall 2017 Program:

Module #1: Careers in Finance – September 20th, 2017

The first module introduces TUIA members to possible career opportunities after college. This education module will give members a better understanding of the possible exit opportunities such as investment banking, private equity, asset management, and corporate finance.

Module #2: Stock Market Fundamentals – September 27th, 2017

The second module provides new members with definitions the various asset classes: equity, debt, alternatives, etc. This module also briefly touches on different investment strategies and how to purchase assets on an open exchange.

Module #3: Financial Statement Analysis – October 25th, 2017

The third module begins a deeper analysis of how an analyst begins to analyze a company once he or she has chosen to cover it. This module will give an overview of ratio analysis, certain sector specific metrics, and resources for finding information regarding a company’s financial statements. An analyst open spends a majority of his or her time analyzing companies, so it is important to have a strong grasp of the fundamentals.

Module #4: Value Investing 101 – November 8th, 2017

The fourth module goes in depth to explain the strategy employed by the analysts in the William C. Dunkelberg Owl Fund. This module explains the “why” behind an analysts decision to choose certain companies with similar fundamentals over each other. The module also explains why technical analysis is less effective than other strategies.

Module #5: Equity Valuation – December 6th, 2017

The final module gives members an understanding of the strategies used to determine the intrinsic value inherent in a company. Members will learn comparable company analysis, various valuation multiples like P/E, EV/EBITDA, and P/FCF. Members will also learn why some valuation metrics are more correct, like the case with EV/Sales being a better metric than Price/Sales.