A Yale School of Management Certificate Program*
Part of the “Read the Future” Series
Yale School of Management | Yale Center Beijing | Fall 2026

Duration 7 Weeks
Format Online, Live Interactive

Program Overview

▪ A practical, leading-edge approach to valuing Chinese and U.S. high-tech companies through the lens of a global equity research analyst. Synchronous interactive sessions span a full quarterly earnings cycle—enabling participants to think like a professional investment analyst.
▪ Track the world’s top high-tech companies, including the Magnificent 7 (Alphabet, Amazon, Apple, Nvidia, Tesla, Microsoft, Meta) and top leading firms (Alibaba, JD.com, Meituan, PDD, Tencent, Baidu), anticipating the IPOs of OpenAI and Anthropic in Fall 2026.

Contributors

Logan Bender, CFA | Yale MBA ’19
Global Equity Research Analyst
Co-developer of the most subscribed Global Network for Advanced Management elective (2020–2024).
Expert in the analysis and valuation of China and U.S. technology companies.

Prof. Edward A. Snyder
William S. Beinecke Professor • Former Dean, Yale SOM
Professor of Management and Economics
Authority on industrial organization (IO) and competitive strategy.

Who Should Attend

▪ Aspiring and established investors and professionals
▪ Recent graduates pursuing finance or investing
▪ English fluency

Program Objectives

1.    Value high-tech companies with confidence
2.    Apply economics and industrial organization (IO) frameworks to high-tech industries
3.    Build and defend equity investment theses
4.    Analyze earnings reports like a buy- or sell-side analyst
5.    Assess competition across industries and geographies
6.    Understand AI’s transformative impact on valuations
7.    Evaluate private vs. public market dynamics
8.    Navigate geopolitical and regulatory risk factors
9.    Develop systematic research and critical-thinking skills

Program Format

One live 1.5-hour session per week. Connecting real-time market developments to the economic principles that drive long-term value. Develop the frameworks, instincts, and market fluency to evaluate any high-tech company—from Silicon Valley to Asia. Markets move on conviction—build yours with the analytical rigor of a professional investor.
▪ 1.5 hrs/week live synchronous sessions
▪ Regular office hours for Q&A
▪ Weekly hands-on valuation lab (readings, cases, modeling)

Agenda & Schedule

Week 1
10/9 17:30-19:00 pm (U.S. Pacific Time)
10/10 8:30-10:00 am (Hong Kong Time)
Program Kickoff, Q3 Preview & ER Framework: Team intro and coverage universe. Q3 earnings calendar preview. Equity research framework: investment thesis formation and bottom-line-first thinking.

Week 1
10/10 17:30-19:00 pm (U.S. Pacific Time)
10/11 8:30-10:00 am (Hong Kong Time)
The Magnificent 7: Deep dive on Alphabet, Amazon, Apple, Nvidia, Tesla, Microsoft, and Meta. Business models, AI positioning, and setups into the Q3 prints.

Week 2
10/16 17:30-19:00 pm (U.S. Pacific Time)
10/17 8:30-10:00 am (Hong Kong Time)
First Insights: Early Q3 results and first movers. Actuals vs. consensus, guidance translation, and stock-reaction analysis.

Week 3
10/23 17:30-19:00 pm (U.S. Pacific Time)
10/24 8:30-10:00 am (Hong Kong Time)
Valuation Primer: Valuation frameworks for high-tech: multiples, DCF, and market expectations. Network effects and premium valuations.

Week 4
10/30 17:30-19:00 pm (U.S. Pacific Time)
10/31 8:30-10:00 am (Hong Kong Time)
Anthropic & OpenAI: IPO Timing & Catalysts: Overview of the anticipated AI IPOs. Private-market valuation, timing, catalysts, and implications for the public AI ecosystem.

Week 5
11/6 16:30-18:00 pm (U.S. Pacific Time)
11/7 8:30-10:00 am (Hong Kong Time)
Semis & Software: AMD, QCOM, PLTR & AI Infra: Semiconductor and software earnings. AI infrastructure build-out, data-center demand, and margin dynamics.

Week 6
11/13 16:30-18:00 pm (U.S. Pacific Time)
11/14 8:30-10:00 am (Hong Kong Time)
China Tech: Tencent, Alibaba, Baidu: China Big Tech earnings. Ecosystem dynamics, regulatory landscape, and cross-border valuation comparisons.

Week 7
11/20 16:30-18:00 pm (U.S. Pacific Time)
11/21 8:30-10:00 am (Hong Kong Time)
Wrap-Up & Synthesis: Portfolio Positioning & Q4 Preview: Full Q3 cycle recap. Thesis synthesis, portfolio positioning, and the setup into Q4.

*Session topics, content, and dates are subject to change based on market conditions and the earnings calendar.

Registration

Please click “HERE” to register.
*Registration is subject to approval.

The program will be in English, with AI-enabled captions translated into Chinese in real time.

Contact

Please send an email to yalecenterbeijing@yale.edu, or reach out to the Yale Center Beijing Team for inquiries:
WeChat ID: Yalecenterbeijing
Cellphone: +86 13810559940
(Monday to Friday, 9:00-18:00)