Learning paths and completion checklist
The core is four courses with six modules each. Begin with Course 2 if you need accounting reconstruction before valuation; otherwise follow Courses 1–4. The practical track applies those skills to one new target after the core models are complete.
Choose your route
| Starting point | Suggested sequence | Evidence of readiness |
|---|---|---|
| Accounting familiarity, no acquisition experience | 1 → 2 → 3 → 4 → practical pilot | Explain profit versus cash and EV versus seller proceeds |
| Accounting foundation needs work | 2 Modules 1–3 → 1 → finish 2 → 3 → 4 | Reconcile a cash-to-accrual example and owner replacement |
| Experienced financial analyst | Attempt independent packets, then review failed topics | Live model construction and defense, not recognition of answer keys |
| Instructor or reviewer | Review source inputs, solutions, validation limits and rubrics | Distinguish educational assumptions from verified requirements |
Work cycle for each module
- Read objectives and prerequisites; identify units and the transaction perimeter.
- Rebuild the teaching example from its inputs and explain each sign.
- Complete the separate conceptual, numerical, spreadsheet and judgment assignment.
- Change an assumption, predict the result, and inspect the recalculated checks.
- Compare against the separate instructor key only after submitting your attempt.
- Record errors and what evidence would change the acquisition conclusion.
Course completion
| Course | Student packet | Model | Instructor reference |
|---|---|---|---|
| 1 | Harbor capstone | Learner | Solution |
| 2 | Vanguard capstone | Learner | Solution |
| 3 | Precision capstone | Learner | Solution |
| 4 | Apex capstone | Learner | Solution |
Each pass requires at least 80/100 and correction of designated critical failures. A supported decline is eligible for full credit. Complete all four models, a documented downside, an evidence register and a defended recommendation. Then attempt Northstar without importing the core capstone's assumptions blindly.
What completion does and does not establish
The program develops self-study modeling competence. It does not confer a CFI credential, lending authority, legal qualification or certification that an actual transaction is compliant. Instructor pages are separate but publicly accessible on this static site; there is no assessment authentication or answer-key access control.
The Excel files have actual formula-engine evaluation and independent Python comparisons. Native Excel/LibreOffice recalculation and GUI review remain unverified. The policy snapshot is dated and must be refreshed before actual reliance. Read sources and the public-topic crosswalk alongside the cases.