Master Corporate Finance From Real Market Experience
We built this program after spending years in Southeast Asian markets. Not theories from textbooks—actual financial analysis methods that work when you're evaluating companies in emerging economies. Starting September 2025 in Ayutthaya.
View Program Details
How We Got Here
Started small. Learned what analysts actually need when evaluating Thai and ASEAN companies.
First Training Sessions
Began teaching financial modeling to junior analysts. Five people in a shared office space. We focused on practical valuation methods for Thai market conditions.
Regional Expansion
Started working with analysts from Vietnam and Indonesia. Each market has its quirks—we adapted our teaching methods to address local reporting standards and business practices.
New Curriculum Launch
Launching structured program that combines financial statement analysis with sector-specific knowledge. We're covering real estate, manufacturing, and consumer goods—industries that dominate this region.
What Guides Our Teaching
After working with dozens of analysts, we've figured out what matters. And it's not about having the fanciest models or the most complex spreadsheets.
Real Company Data
We use actual financial statements from listed Thai companies. You'll work with the same messy, incomplete data you'll face in your job. Learning to deal with gaps and inconsistencies is half the battle.
Market Context Matters
A DCF model built for US markets doesn't translate directly here. We teach you how to adjust discount rates, estimate terminal values, and account for currency risks specific to Southeast Asian investments.
Honest About Limitations
Financial models are tools, not crystal balls. We'll show you when to trust your analysis and when to admit there's too much uncertainty. That kind of judgment comes from experience—and we share ours.
Quick Wins For Analysts
Small things that make a big difference when you're buried in spreadsheets and trying to meet deadlines.
Read Footnotes First
Most material changes hide in accounting policy notes. Start there before you touch the income statement.
Build Scenario Models
Don't rely on single-point forecasts. Create three versions: optimistic, realistic, and pessimistic. Then you have a range to work with.
Track Working Capital
Cash flow problems often show up here first. Watch for sudden increases in receivables or inventory relative to revenue.
Compare Peer Metrics
Industry benchmarks tell you if management is efficient or just riding favorable conditions. Look at margin trends across competitors.
Narong Wattanakul
Lead Instructor, Corporate FinanceI spent twelve years as an equity analyst covering Thai industrial companies before switching to education. Covered cement, steel, petrochemicals—sectors where margins are thin and competition is brutal. That experience taught me what analysis actually looks like when you're making investment decisions with real money at stake.
These days I focus on teaching new analysts how to read between the lines of financial reports. The numbers tell part of the story. The rest comes from understanding management incentives, industry dynamics, and how companies actually operate in this market.
"Most finance courses teach you the formulas. But knowing when to use them—and when to ignore them—that's what separates useful analysis from academic exercises."