June 2020

Over the years, FLAME Investment Lab has been able to attract the most revered and noted investment minds of the country. Their candid sessions elaborating their investment experience has gone a long way in shaping the investment thought processes of the participants. Some of the wisdom from these investment masters can be found at:
https://www.flame.edu.in/academics/flame-investment-lab/resources

Neeraj Marathe

Neeraj is a Pune-based investor. He has been practicing value-based investing for the past 13 years in the Indian capital markets. As a SEBI registered analyst, he also works closely with a few professional investors and funds.

As a visiting faculty in a few B-schools, Neeraj has been teaching Security Analysis, Portfolio Management and Behavioural Finance for the past 12 years.

The Art of Investing course will be spread over 4 days and will cover the following topics:

• Brushing up the basics
• Developing an investment philosophy
• Resources for research
• How to generate ideas
• Cyclicality
• Ratio analysis
• Analysis through Annual Reports
• Analysing management quality
• Analysis through Annual Reports
• Checklists
• Circle of competence
• The art of selling
• Luck v/s skill in investing
• Disruption
• Company valuation
• Portfolio allocation framework

A case-study based approach will be followed for every topic. As such, the faculty and participants will be analysing and discussing listed Indian companies from an investment angle. The goal would be to understand the subject matter better through live examples and cases.

This is an intermediate level course.

The course will be value-adding for you:

• If you are willing to go into the nitty-gritties of analysis
• If you are looking to build a full investment philosophy
• If you are willing to learn and understand new concepts of analysis and valuation
• If you are willing to put in the time and effort of sitting in the classroom and solving case-studies for extended hours

This course is not suitable for beginners / individuals who are starting off their investment journey. It is expected that the participants know the basics of investing. The course is not suitable for you if:

• You do not have working knowledge of financial statement preparation (Balance Sheet, P&L, Cash-flow)
• You do not know basic ratio-analysis
• You have never read an Annual Report
• You do not have a basic understanding of stock market operations

Applicants should carefully consider the above points before applying for the course.

• A detailed understanding of various frameworks used in the investment process, with case studies.
• A spirited discussion on various concepts of investing.
• New techniques of analysis and valuation.
• Self-discovery about what kind of an investor/analyst you are.

• No ‘Tips’. Purpose of the course is to understand investing better and become better investors.
• The faculty has no expertise in technical analysis, various short-term trading strategies etc. Therefore, these aspects will not be covered.

Candidates who have the aspirations for a successful career in investment management are encouraged to attend. This programme is highly recommended for candidates who share our conviction in value investing and behavioral finance. Each applicant will be evaluated on several criteria to ensure that the participants selected for the program are well-rounded individuals with capacities of contributing to classroom participation and peer learning.

• Acknowledging that learning also comes from diverse backgrounds, participants will be selected on the following criteria:
• Quality and quantity of work experience
• Commitment and passion for the field of investing
• Evidence of professional success
• Education qualifications

FLAME reserves the right for selecting participants to this program.

Only applicants who have not attended a previous ‘FIL - The Art of Investing with Neeraj Marathe’ program will be eligible for selection.

To apply the applicant must:

• To apply the applicant must complete the application form at: https://www.flame.edu.in/academics/flame-investment-lab/application-form.

• INR 34,000 plus GST (INR 40,120) which includes tuition, course materials, meals and on campus accommodation. Fee does not include travel and other incidental expenses.
• Candidates need to submit the application form online and mail the payment to FLAME. Only cheques will be accepted as a payment method.
• The cheque payment must reach FLAME by the application deadline. Kindly note, even if the application is submitted, but the payment does not reach FLAME by the application deadline, the application will be deemed incomplete and annulled.
• Cheques should be made payble to ‘FLAME University’.
• Cheques should be mailed to ‘FLAME University, 401, Phoenix Complex, Bund Garden Road, Opp. Residency Club, Pune - 411001, Maharashtra, India’.
• Cheque should be dated April 1, 2020. Candidates should write their name and the program they have applied for behind the cheque.
• Refund policy:
  • In the event that FLAME University is unable to provide the program, all fees will be fully refundable.
  • For selected candidates:
    • If request for cancellation is received upto May 18, 2020, 85% of the fee paid shall be refunded. GST on cancellation will be applicable.
    • If request for cancellation is received after May 18, 2020, but upto June 2, 2020, 50% of the fee paid shall be refunded. GST on cancellation will be applicable.
    • If request for cancellation is received after June 2, 2020, but upto June 17, 2020, 25% of the fee paid shall be refunded. GST on cancellation will be applicable.
    • There will be no refund if cancellation is made after June 17, 2020.

Accommodation will be provided in an AC, single occupancy room to all participants at the FLAME campus in Pune for the duration of the program.

April 1st, 2020.

Confirmation emails will be sent to the selected participants by April 18th, 2020.

June 18th - June 21st, 2020.

FLAME University
Gat No. 1270, Lavale, Off. Pune Bangalore Highway, Pune - 412115, Maharashtra, India.

FLAME offers 60 acres of tranquil space, just 13 kms. from the Pune University main gate. It is an eco-friendly campus adjoining a 18-hole golf course. FLAME has a football ground, international size cricket ground, tennis courts, basketball and volleyball courts, gymnasium and an outdoor swimming pool. FLAME also has a floodlit indoor sports hall with facilities for badminton, snooker and table tennis.

Its academic spaces include lecture theatres, conference rooms, a library, a performing arts studio, a visual arts studio, a sculpture studio, Physics, Chemistry & Biology labs, and amphitheatres. Some of the other amenities include cafes, Wi-fi connectivity, an infirmary and an ambulance in case of emergency.

During the duration of the program, participants are encouraged to explore the campus and use the facilities FLAME offers.

Phone: +91 8956814089 (Text & Whatsapp only)
Toll-free No: 1-800-209-4567
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.flame.edu.in

Program Brochure