Winter 2026 Program Schedule

This one's built around actual company cases from the Australian market. You'll work through discounted cash flow models, comparable analysis, and precedent transactions. We focus on the messy parts that textbooks skip over, like dealing with cyclical businesses or adjusting for one-off items.

• Build complex DCF models from scratch using real financial statements
• Learn to spot red flags in company disclosures and management presentations
• Practice presenting investment cases to experienced portfolio managers
• Access our database of Australian equity research for reference

Bond mathematics gets weird fast. Duration, convexity, yield curves, credit spreads—there's a lot to absorb. This program breaks it down step by step, with examples from the Australian government and corporate bond markets.

• Master duration and convexity calculations for portfolio management
• Understand yield curve construction and interpretation techniques
• Analyse credit risk in corporate bonds using financial ratios
• Work with Bloomberg Terminal data for real market conditions

Building portfolios that actually work requires balancing dozens of competing factors. This program walks through asset allocation, factor exposure, and risk measurement. We use live market data so you can see how these concepts play out in practice.

• Apply mean-variance optimization with realistic constraints
• Calculate and interpret VaR, CVaR, and stress testing metrics
• Design rebalancing strategies that account for transaction costs
• Run portfolio simulations using historical Australian market data

Annual reports hide more than they reveal sometimes. This course teaches you to dig into the footnotes, understand accounting policies, and reconstruct the real economics of a business. We cover both IFRS and older Australian standards for historical comparisons.

• Identify earnings quality issues through cash flow analysis
• Adjust reported numbers for better economic reality
• Analyse lease obligations, pension liabilities, and off-balance-sheet items
• Compare accounting treatments across different industries