International Programmes 2026/2027

MISU at LMU: Financial Statement Analysis and Valuation (FAV) Financial Statement Analysis and Valuation

Ludwig-Maximilians-Universität München • München

Course location
München
Teaching language
  • English
Language level of course
  • English: B2, C1
Date(s)
  • 26 July - 13 August 2027 (registration deadline: 1 May 2027)
Mode of study
Less than 50% online
Phase(s) of attendance in Germany (applies to the entire course)
Yes, compulsory
Pace of course
Instructor-led (Specific due dates for lectures/assignments/exams)
Information on dates, prices and mode of study
  • Online, 26 – 30 July
  • In-class in Munich, 3 – 13 August

300 EUR registration fee (non-refundable) / 957 EUR tuition
With an early-bird application (until 1 March 2027), the registration fee is reduced to 150 EUR.

Target group

Bachelor's students and Master's students as well as young professionals and scientists who have an interest in company analysis and valuation

Minimum age 18 years
Yes
Description/content

This course aims at making you familiar with the financial statements and financial statement analysis of firms by enabling you to read and analyse them to your professional benefit. Hence, you will learn to consume, analyse and forecast financial statements. Adopting a user perspective, we move beyond the technical aspects of financial reporting and preparing accounts. Instead, based on these fundamentals, you will be able to understand the past business activities of a firm through the lens of financial statements. The course seeks to enable you to forecast the future business activities of a firm and to conduct a sound fundamental equity valuation to challenge market prices of real-world companies.

Recognised language exams offered (e.g. DSH, TestDaF, TOEFL)
No
Certificate received after course completion
  • Certificate of participation, graded
ECTS points (max.)
6
Average number of hours per week
20
Average number of participants per group/course
20
Dates and costs
  • 26 July - 13 August 2027 (registration deadline: 1 May 2027), costs: 1,257 EUR
This price includes
  • Course fees
  • Accompanying programme
Information on dates, prices and mode of study
  • Online, 26 – 30 July
  • In-class in Munich, 3 – 13 August

300 EUR registration fee (non-refundable) / 957 EUR tuition
With an early-bird application (until 1 March 2027), the registration fee is reduced to 150 EUR.

Teaching language
  • English
Language level of course
  • English: B2, C1
German language skills
No minimum language level required
English language skills
B2 required/recommended, no proof required
Application documents
Please submit the following documents with your application:
  • Letter of motivation
  • Curriculum Vitae (CV)
Submit application via
Please check this website.
Is accommodation organised?
Accommodation is arranged by the organiser.
Type of accommodation

The Munich International Summer University (MISU) at the Ludwig Maximilian University of Munich (LMU) offers accommodation options.

Accommodation costs:

  • 375 EUR (shared double room with bathroom on the floor)
  • 445 EUR (shared double room with bathroom)
Meals

The canteen of the "Studierendenwerk München Oberbayern" offers meals that range from 8 to 12 EUR from Monday to Friday.

Is a social and leisure programme offered?
Yes
Description of social and leisure programme

City tour, day trips

Free internet access
Yes
Support in visa matters
Yes
Pick-up service from train station/airport
No

Ludwig-Maximilians-Universität München

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