Understanding Financial Health Isn't About Complex Formulas
We teach professionals how to read between the numbers—spotting warning signs before they become problems. Financial statements tell stories if you know how to listen.
Explore Our ProgramsWhy Most Analysis Misses the Point
Here's something I noticed working with businesses across Bangkok—people calculate ratios perfectly but still miss what's actually happening. They'll tell you the current ratio is 2.1, which sounds fine. But when you dig into what makes up that number, you find slow-moving inventory that won't convert to cash anytime soon.
Real solvency analysis isn't about hitting benchmark numbers. It's about understanding what drives those numbers and whether the story makes sense for that specific business in that particular industry.
Learning Through Real Scenarios
Our programs starting September 2025 focus on case studies from actual Thai businesses—anonymized, but real. You'll work through situations where companies looked stable on paper but faced liquidity crises within months. And others that seemed troubled but had strong fundamentals underneath temporary challenges.
Students analyze complete financial statements, management discussions, industry contexts. Then we compare notes. Different people spot different things, which is exactly what happens in professional practice.
What You'll Actually Work On
These aren't theoretical exercises. Each module addresses situations that financial professionals encounter regularly when assessing business health and making lending or investment decisions.
Cash Flow Patterns
Learning to distinguish between profitable companies with cash problems and unprofitable ones with temporary liquidity. The difference matters more than most textbooks admit.
Working Capital Dynamics
How inventory turns, receivables collections, and payables strategies interact. Seasonal businesses need different evaluation approaches than steady-state operations.
Debt Structure Analysis
Not all debt is equal. Short-term obligations backed by long-term assets create pressure. Long-term financing for working capital might signal deeper issues. Context determines interpretation.
Ratchanee Kulthorn
Program Coordinator
"What surprised me most was how much industry knowledge matters. Two companies with identical ratios can have completely different risk profiles depending on their sectors. That's what we focus on—building judgment alongside technical skills."
Ratchanee has reviewed financial statements for over 400 Thai businesses across manufacturing, retail, and services sectors. She develops our curriculum based on patterns she's seen repeatedly in the field.
Who This Actually Helps
Bank credit analysts need to move beyond automated scoring. Investment analysts want context for their quantitative models. Business owners should understand what their lenders are looking for.
We're not promising career transformations or guaranteed outcomes. Just practical skills that make existing professionals better at specific aspects of their work. Programs run 8-12 weeks, with evening sessions accommodating working schedules.
Learn About Our Approach →Ready to Strengthen Your Analysis Skills?
Our autumn 2025 program enrollment opens in July. Limited to 18 participants per session to maintain quality discussion and individual feedback. Classes held in Samut Prakan with online options available.
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