Stockholm waterfront at blue hour
Eight-week applied programme

Practical experience in M&A and Equity Research.

Eight weeks of project work in financial analysis, valuation, and investment judgement, ending with a defended stock pitch and a final report you can put your name to.

€49 · One-time · Approximately 3 to 4 hours per week

Why we built this

Principles are taught. Judgement is practised.

Study establishes important principles. Avenor Partners provides the structure to put them to work on financial analysis and valuation.

In the first three weeks you interpret financial statements, build a comparable company analysis, and prepare a simplified discounted cash flow on a listed company of your choosing.

You then defend a listed stock pitch before a jury and develop an in-depth final report over four weeks.

Major deliverables

A stock pitch and an M&A report.

01

Listed Stock Pitch

Turn your analysis into an investment thesis on a listed company, then defend it before a jury that includes an investment fund professional.

02

M&A Report

An opportunity to analyse existing and potential M&A deals, worked in a team or individually.

Both culminate in one polished, in-depth submission.

Curriculum

Eight weeks, start to finish.

Select any week to see what you work on. The programme moves from financial statement analysis and valuation to a defended stock pitch and final M&A report.

Weeks 5 to 8

The final report.

Analyse an existing or potential deal and develop it from a focused outline into a polished, evidence-led report submitted at the end of Week 8.

Weeks 5 and 6

Define and analyse

Choose the deal and topic, establish the report structure, and build the numbers, tables, and evidence supporting its argument.

Weeks 7 and 8

Draft and refine

Complete the first draft, connect evidence to the conclusion, then revise and submit the final version for assessment.

Outcomes

What you leave with.

I.

A valuation toolkit you keep

A financial health rationale, comparable companies table, and simplified DCF built from public company data, ready to reuse in your next analysis.

II.

Written feedback from the Board

Structured comments on your analysis, valuation, and the strength of your argument, returned after review.

III.

A Certificate of Completion

Awarded at the end of Week 8, once your submission has been reviewed.

Strategic Advisory Board

Reviewed by industry professionals.

At the end of Week 8, the Board reviews every final report and provides written feedback on each final report’s analysis, valuation, and strength of argument.

I

Board member

Bio coming soon

II

Board member

Bio coming soon

III

Board member

Bio coming soon

Board member biographies are being confirmed and will be published before the next cohort begins.

Enrolment

€49

For the full eight-week programme

One-time fee. Full curriculum, stock pitch, final report, and certificate included.

FAQ

Do I need finance experience to join?+

No. The programme is built for complete beginners. The first three weeks develop the core skills required to analyse financial statements, build a comparable companies table, and prepare a simplified DCF.

How much time does this take per week?+

Approximately 3 to 4 hours per week across the full eight-week programme.

Who is this for?+

Anyone building the analytical judgement expected on a deal team or research desk, whether you are studying, changing direction, or preparing for interviews.

What do I get at the end?+

A Certificate of Completion, a completed valuation toolkit, a defended stock pitch, and a final M&A report reviewed by our Strategic Advisory Board.

What does the final report cover?+

It gives you the opportunity to analyse existing and potential M&A deals. You choose your deal in Week 5 and decide whether to work in a team or individually, applying the analytical skills developed in the first four weeks.