Master Fundamental Analysis for Trading
Real skills for understanding markets. Our program teaches you how to analyze financial statements, evaluate company health, and make informed trading decisions based on actual data rather than speculation.
What You'll Actually Learn
We focus on practical skills that matter. Reading balance sheets isn't glamorous, but it's what separates informed traders from gamblers.
You'll work with real financial data from Bulgarian and international companies. Not hypothetical examples or simplified scenarios. Actual quarterly reports, cash flow statements, and earnings calls.
By week eight, most students can evaluate a company's financial position independently. By week twelve, they're spotting discrepancies that casual investors miss. This takes time and practice, which is exactly what the program provides.
The approach is straightforward. We teach you to read financial documents, understand what the numbers mean in context, and identify patterns that suggest value or risk. No magic formulas or shortcuts.
16-Week Learning Path
Each phase builds on the previous one. We start with basics and move toward analyzing complete investment theses.
Financial Statement Fundamentals
Learn to read income statements, balance sheets, and cash flow reports. Understand what each line item means and why it matters. Work through ten real company reports from different sectors.
Weeks 1-4Ratio Analysis and Metrics
Calculate and interpret key financial ratios. Debt-to-equity, current ratio, return on equity, profit margins. Understand when these metrics are useful and when they're misleading.
Weeks 5-8Industry Context and Valuation
Compare companies within their sectors. Learn basic valuation methods including discounted cash flow and comparative analysis. Understand market cycles and how they affect valuations.
Weeks 9-12Complete Analysis Projects
Build full investment analyses from scratch. Identify companies to research, gather data, perform calculations, and form conclusions. Present your findings and defend your reasoning.
Weeks 13-16Who Teaches This Program
Our instructors have worked in financial analysis, not just taught it. They bring real experience from banks, investment firms, and corporate finance departments.
Bogdan Sirakov
Lead Instructor
Spent eleven years as a credit analyst at two Bulgarian banks. Now teaches how to spot warning signs in company financials that most people overlook.
Denitsa Zhekova
Valuation Specialist
Former equity analyst who evaluated over two hundred companies during her career. Focuses on teaching realistic valuation methods that work in real markets.
Vasil Petrov
Case Study Director
Runs a small investment advisory firm in Varna. Brings current examples from his consulting work and helps students apply concepts to real situations.
Next Session Starts October 2025
The autumn program runs from October through January. Classes meet twice weekly in the evenings, with additional weekend workshops for case study presentations.
We accept thirty students per session to maintain quality feedback and discussion. Applications open in July 2025.
Prerequisites: Basic understanding of financial markets and comfort with spreadsheets. You don't need an accounting background, but you should be willing to work with numbers regularly.
If you're serious about understanding what you're investing in rather than following tips, this program gives you the foundation to do your own analysis.
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