Build your career in PSX.
Train as a stock market analyst.
A 6-week applied equity research fellowship on real PSX-listed stocks. Master financial modeling, DCF valuation, equity market analysis, and defend a stock pitch like a sell-side analyst.
Need-based scholarships available · Apply in under 5 minutes
- KSE100PSX Index112,480▲+1.42%
- LUCKLucky Cement1,084.5▲+2.15%
- OGDCOil & Gas Dev.215.30▲-0.42%
- HBLHabib Bank138.90▲+0.78%
- EFERTEngro Fert.211.40▲+1.06%
- SYSSystems Ltd.645.80▲-1.18%
- DCF (WACC 16.2%)1,112
- EV/EBITDA peer avg1,056
- P/B implied1,041
- Blended TP1,084
- 01Coal cost normalization expands gross margin 320bps
- 02North-region dispatch recovery on construction cycle
- 03De-leveraging frees up FCF for special dividend
Applications are open.
A program by Engineer Talks, led by an active equity research analyst. Limited seats. Need-based scholarships available for high-merit applicants.
- In-depth Equity Analysis
- Company Valuation
- Financial Modeling
- Certificate of Excellence
Trained on the sectors that drive the index.
Learn the workflow the desk actually uses.
- Ask1087.501,240
- Ask1086.80880
- Ask1086.20540
- Ask1085.60312
- Mid1084.50·
- Bid1083.90410
- Bid1083.20760
- Bid1082.401,120
- Bid1081.701,580
- 08:42 PKTLUCK: North-region dispatch up 14% YoY on construction cycle
- 09:15 PKTOGDC: Nashpa-12 well tests 2,940 bpd condensate
- 09:48 PKTSBP holds policy rate; banking sector NIMs in focus
- 10:22 PKTEFERT: Urea offtake recovers; channel checks positive
Eight artifacts. One complete analyst portfolio.
Every fellow graduates with a deliverable set that mirrors a junior sell-side analyst's first six months on the desk.
Three-Statement Model
Fully linked income statement, balance sheet, and cash flow with working capital, capex, and debt schedules.
Forecast Model
Five-year forward projections built on defensible, sector-specific revenue and cost drivers.
DCF Valuation
FCFF discounted at a calibrated WACC with terminal value, sensitivity tables, and bull/base/bear cases.
Relative Valuation
Peer comparables on P/E, P/B, EV/EBITDA, triangulated against intrinsic value.
Equity Research Report
Sell-side style initiating coverage note: thesis, financials, valuation, risks, recommendation.
Investment Thesis
A defensible three-point thesis with catalysts, downside risks, and a clear Buy/Hold/Sell call.
Stock Pitch Presentation
An 8–12 slide deck and 2-minute pitch defended in front of peers and reviewers.
Analyst Portfolio Asset
A polished, shareable artifact you can put in front of any recruiter on day one.
Six weeks. Six milestones. One company.
Each week compounds on the last. By Week 6, you've built what most students never see until their second analyst job.
Company Understanding
Read the annual report. Map the business model. Identify revenue, cost, and margin drivers.
Most finance courses teach formulas. We teach judgment.
The difference between an analyst and a student is what they can defend in a room. We optimize for the latter.
Sit in the analyst's chair from day one.
Every week mirrors a real workflow on a Pakistani sell-side research desk.
Live PSX coverage
Read the tape. Track sector flows. Build conviction from real market signals.
From blank Excel to DCF
Three-statement modeling, WACC builds, sensitivity tables · all from scratch.
Annual reports → thesis
Tear down 10-Ks, extract drivers, write a defensible investment thesis.
A workflow built around accountability.
Every day moves your company forward. Every week ends with a defense. Nothing is left to motivation.
What every fellow walks away with.
Three artifacts. Each one designed to stand up to a real recruiter, professor, or portfolio manager.
Excel Model
- Cover & sources
- Historical IS / BS / CFS
- WC · Capex · Debt schedules
- 5-year forecast
- WACC build
- DCF & sensitivity
- Relative valuation
- Investment summary
Research Report
- Company overview
- Business model
- Sector overview
- Financial performance
- Forecast assumptions
- Valuation
- Investment thesis
- Risks & recommendation
Stock Pitch
- Company snapshot
- Sector & drivers
- Historical financials
- Forecast assumptions
- DCF valuation
- Peer multiples
- Sensitivity
- Final recommendation
Graded the way analysts actually get reviewed.
A 100-point rubric weighted toward what matters: the model, the forecast, and the call.
A certificate earned, never attended.
Certification requires 80% attendance, 80% daily submissions, a complete Excel model, a research report, and a defended final presentation. No participation trophies.
From beginner student to equity research analyst.
The transformation is concrete. It shows up in your model, your language, and your portfolio.
- Reads price charts
- Memorizes formulas
- Copies templates
- Vague stock opinions
- Resume with coursework
- Reads annual reports
- Defends assumptions
- Builds from blank Excel
- 3-bullet investment thesis
- Portfolio with a real model
Taught by a working equity research analyst.
Not a course built by a content team, a workflow taught by someone who runs it on a brokerage desk.
Rida brings hands-on experience from a live brokerage desk, equity research, trading floor exposure, macroeconomic and inflation analysis, sector research, company-level fundamentals, and financial modeling.
Having received multiple career opportunities within a short span of entering the brokerage industry, she understands exactly which skills create demand in equity research and finance roles, and which ones don't.
Through this fellowship, she teaches the practical skills brokerage houses actually hire for, so fellows can compete for stronger internships, analyst roles, and better entry-level compensation based on real capability.
Questions, answered.
Six weeks from now,
you can have a real research report.
Applications are reviewed on a rolling basis. Cohort size is intentionally capped to preserve the quality of 1:1 model reviews.
Partial and full scholarships available on merit and financial need. Apply in under 5 minutes.