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GSE-CI14,873.11 0.00%GSE-FSI1,745.04 +2.81%MTNGHGH₵2.45 +1.66%GCBGH₵6.85 -0.72%EGHGH₵8.25 +1.85%SCBGH₵24.50 +1.66%CALGH₵0.38 -7.32%SOGEGHGH₵1.35 +1.50%ACCESSGH₵4.10 +1.23%RBGHGH₵0.72 +2.86%EGLGH₵3.20 +2.56%SICGH₵0.44 +2.33%FMLGH₵5.20 +0.39%UNILGH₵14.50 +2.11%GGBLGH₵3.10 +1.64%PZCGH₵0.68 +1.49%GOILGH₵1.55 +1.97%TOTALGH₵9.40 +1.08%TLWGH₵16.80 -1.75%BOPPGH₵22.50 +0.90%AYRTNGH₵0.11 0.00%MACGH₵5.40 0.00%ADBGH₵5.06 0.00%AGAGH₵37.00 0.00%ALWGH₵0.10 0.00%ASGGH₵8.87 0.00%CLYDGH₵0.03 0.00%CMLTGH₵0.10 0.00%CPCGH₵0.02 0.00%DASPHARMAGH₵0.40 0.00%DIGICUTGH₵0.09 0.00%ETIGH₵0.15 0.00%HORDSGH₵0.10 0.00%IILGH₵0.04 0.00%MMHGH₵0.11 0.00%GSE-CI14,873.11 0.00%GSE-FSI1,745.04 +2.81%MTNGHGH₵2.45 +1.66%GCBGH₵6.85 -0.72%EGHGH₵8.25 +1.85%SCBGH₵24.50 +1.66%CALGH₵0.38 -7.32%SOGEGHGH₵1.35 +1.50%ACCESSGH₵4.10 +1.23%RBGHGH₵0.72 +2.86%EGLGH₵3.20 +2.56%SICGH₵0.44 +2.33%FMLGH₵5.20 +0.39%UNILGH₵14.50 +2.11%GGBLGH₵3.10 +1.64%PZCGH₵0.68 +1.49%GOILGH₵1.55 +1.97%TOTALGH₵9.40 +1.08%TLWGH₵16.80 -1.75%BOPPGH₵22.50 +0.90%AYRTNGH₵0.11 0.00%MACGH₵5.40 0.00%ADBGH₵5.06 0.00%AGAGH₵37.00 0.00%ALWGH₵0.10 0.00%ASGGH₵8.87 0.00%CLYDGH₵0.03 0.00%CMLTGH₵0.10 0.00%CPCGH₵0.02 0.00%DASPHARMAGH₵0.40 0.00%DIGICUTGH₵0.09 0.00%ETIGH₵0.15 0.00%HORDSGH₵0.10 0.00%IILGH₵0.04 0.00%MMHGH₵0.11 0.00%
Intermediate·4 wk · 4h / wk·online·Certificate of completion

Fundamentals & Valuation

Audience: Analysts, finance students, retail investors who want to read a balance sheet

Valuation is a discipline of honest assumptions, not a precision exercise. This bootcamp builds the muscle of writing down what you believe before you compute, so the answer means something.

Outcomes

  • Read a Ghanaian bank, telecom, and consumer-goods financial statement.
  • Build a DDM / DCF / yield-comparison model with explicit assumptions.
  • Explain why the answer is a range, not a target.

Prerequisites

  • Comfort with percentages and basic arithmetic.

Syllabus

  1. Week 1

    Reading financials

    • Income statement
    • Balance sheet
    • Cash flow
  2. Week 2

    Sector-specific metrics

    • Banks: CAR, NPL, NIM
    • Telecoms: ARPU, capex intensity
    • Insurance, energy, consumer
  3. Week 3

    Valuation models

    • Dividend Discount Model
    • Two-stage DCF
    • Peer multiples
    • T-Bill yield comparison
  4. Week 4

    Documenting assumptions

    • Sensitivity tables
    • Where models break
    • Why we never publish a 'fair value' as advice

Upcoming cohorts

Summer 2026

2026-06-232026-07-21 · Mon + Wed evenings · 19:00–21:00 GMT

Scheduled — interest list
Format
online
Duration
4 wk · 4h / wk
Seats
20 of 20 remaining

Facilitator: Nkosuo editorial (tentative — confirmed at registration close)

Educational. Not investment advice. We do not give buy / sell calls in bootcamp sessions.

Disclaimer

This bootcamp is educational. Nkosuo is not a licensed investment adviser, broker-dealer, or fund manager. Nothing taught is a recommendation to buy or sell any security. See the full legal summary and methodology.