Valuation Programs Starting Late 2025
You've probably realized that spreadsheets alone don't tell the whole story. Real valuation work demands nuance, judgment, and a grounded understanding of how businesses actually operate.
Our programs bridge that gap. We're looking at autumn 2025 enrollments for analysts who want to move beyond textbook formulas and work with methods that hold up in real-world scenarios.
These aren't get-certified-quick schemes. They're structured learning experiences spread across several months, designed for working professionals who need flexibility without sacrificing depth.
2025 Course Schedule
We're running three distinct programs between August and December. Each one focuses on different aspects of valuation work — pick what matches where you're trying to go.
Discounted Cash Flow Fundamentals
This one's for analysts who've heard about DCF but haven't really built one that wasn't just copying someone else's template. We start with terminal value calculations, work through WACC adjustments, and spend a lot of time on the assumptions that actually matter. Twelve weeks, mostly asynchronous with live case reviews every fortnight.
Comparable Company Analysis in Practice
Trading multiples sound simple until you're staring at twenty potential comps and none of them quite fit. We tackle the messy parts — sector adjustments, when to exclude outliers, how to defend your peer selection when someone challenges it. Three months with weekly discussion sessions and real company datasets from Australian and regional markets.
Transaction-Based Valuation Methods
Sometimes the best insight comes from what companies actually paid, not what theory says they should've. This program digs into precedent transactions, purchase price allocation, and control premiums. We'll look at deals that went well and ones that didn't, with guest input from M&A advisors who've been through it. Eleven weeks with case-based learning throughout.
Who's Teaching These Programs
You'll be working with analysts and advisors who still do this work professionally. They're not career educators — they're practitioners who happen to be good at explaining things.
Ronan Fitzwilliam
DCF & Corporate Finance
Spent fourteen years in investment banking before moving to advisory. Still consults on mid-market transactions but prefers teaching the fundamentals that most analysts somehow skip.
Saskia Veldman
Equity Research & Comps
Currently leads equity research for a Brisbane-based firm. Known for picking comps that actually make sense and explaining why the obvious choices are often wrong.
Tamsin Greaves
M&A Advisory
Works on the deal side where valuations meet negotiation. Brings a refreshingly practical view on what buyers actually care about versus what the models say.
What You'll Actually Learn
Each program covers both technical mechanics and the judgment calls that textbooks skip over. Here's what you can expect across the different courses.
Core Valuation Mechanics
- Building models that don't break when assumptions change
- Sensitivity analysis that reveals actual risk
- Adjusting historical financials for one-time items
- Handling negative cash flows and turnaround situations
Industry Application
- Sector-specific adjustments for retail, manufacturing, tech
- When standard multiples mislead
- Cyclical business valuation approaches
- Asset-heavy versus asset-light company differences
Professional Communication
- Writing valuation reports that clients understand
- Defending methodology choices in presentations
- Explaining technical concepts to non-financial stakeholders
- Documenting assumptions clearly
Practical Challenges
- Working with incomplete or questionable data
- Reconciling different valuation approaches
- Spotting red flags in management forecasts
- Adjusting for private company illiquidity
Enrollment Details for 2025
Registration opens in June 2025 for all three programs. We cap enrollment to keep discussion groups manageable — usually around thirty participants per course.
Each program includes recorded content you can work through on your schedule, plus structured live sessions where we work through cases together. You'll need about eight to twelve hours weekly, depending on your background and how deep you want to go.
Most participants are already working in finance, accounting, or consulting roles. Some are transitioning from other industries. The common thread is they're dealing with valuation questions in their work and want better answers.
Prerequisites & Preparation
You should be comfortable with Excel and basic financial statements. We're not teaching accounting fundamentals — that's expected knowledge coming in.
If you've never built a three-statement model, take a few weeks to get familiar before enrolling. We move quickly through technical setup to spend more time on interpretation and application.
Program Investment
- Course Duration 11-12 Weeks
- Time Commitment 8-12 Hours/Week
- Format Hybrid Online
- Enrollment Cap ~30 Participants
- Registration Opens June 2025