Eight weeks of applied work.

Financial health rationale

• Review the latest income statements, balance sheets, and cash flow statements
• Assess revenue, margins, debt, and cash generation over the last two to three years
• Write a one to two-page rationale supported by figures from company filings

Comps table and valuation verdict

• Select three to four comparable public companies
• Calculate EV/EBITDA, EV/Revenue, and P/E for each peer
• Explain whether the company trades above, below, or in line with the peer average

One-page DCF estimate

• Project free cash flow over five years using a stated growth assumption
• Discount those cash flows to estimate present value
• Reconcile the estimate against the company’s market capitalisation

Pitch deck and presentation

• Prepare a five to eight-slide deck on a listed company
• Present the thesis, valuation, principal risks, and a buy, hold, or sell recommendation
• Deliver a five-minute live or recorded presentation to the jury

Report proposal and outline

• Deconstruct the Deal: analyse a completed M&A transaction
• The Advisory Pitch: propose a hypothetical acquisition
• The Industry Flow Report: map recent M&A activity in a chosen sector

Analysis and evidence

• Develop the principal calculations, tables, and transaction evidence
• Test whether the numbers support the report’s central argument
• Organise sources and supporting material for the draft

Complete draft

• Connect the report’s evidence to a clear conclusion
• Complete all written sections, tables, and exhibits
• Review the draft for gaps in logic or support

Flagship final report

• Tighten the argument, writing, and presentation
• Complete a final accuracy and consistency review
• Submit the version assessed for the Certificate of Completion