Fundamental Edge  ·  Intern Academy

Internship season
is approaching.
Is your firm ready?

Intern Academy is a structured training program that standardizes intern capability, accelerates ramp time, and returns senior investor time to high-value work.

Without a structured program…

Senior analysts spend the first weeks answering basic questions instead of doing real work

Output is inconsistent across the intern class and requires constant hand-holding

By the time interns find their footing, the summer is half over

End-of-summer evaluations are based on gut feel, not demonstrated ability

Elevate your intern class with Intern Academy.

Program Structure


PILLAR 01

FOUNDATIONS

What it means to be a professional


Week 1: Foundational Seminar

  • What great interns actually do

  • How the investment process works

  • The analyst's role: expectations & output

Week 2: Financial Modeling

  • Driver-based operating models

  • Scenario construction & outputs

  • Clean, auditable model structure

Week 3: AI in Investing

  • AI tools for research & analysis

  • Building an AI-augmented workflow

Learn how the seat actually works.

PILLAR 02

CORE

Doing the Real Work


Week 4: Analyze an Industry

  • Industry structure & return ranges

  • Durable vs. temporary advantages

Week 5: Analyze a Business

  • Unit economics, ROIC & moats

  • Key driver identification

Week 6: Why Stocks Move

  • Earnings, multiples & sentiment

  • How expectations drive returns

Week 7: Earnings Season

  • Earnings prep & real-time analysis

  • Post-earnings thesis updates

Week 8: Thesis Development

  • Building conviction & variant view

  • Base / Bull / Bear framing

Think like a professional investor.

PILLAR 03

PROJECTS

Capstone Deliverables


Week 9: Pitch Like a Pro

  • Structuring a stock pitch

  • Presenting under pressure

  • Handling Q&A and pushback

Week 10: Wrapping Up

  • Live pitch to senior investors

  • Peer review & feedback session

  • Converting your internship

Deliver real work product.

Meet the Instructor Team

  • Brett Caughran

    FOUNDER

    Founder of Fundamental Edge and former hedge fund analyst and portfolio manager with 13+ years on the buy side. Built the Intern Academy curriculum from the same frameworks he used to evaluate businesses and manage risk with real capital.

  • Marc Greenberg

    [Placeholder — please provide a two-sentence bio for Mark.] Seasoned investor and instructor with extensive experience across public equity markets and a strong track record mentoring early-career investment professionals.

  • Andrew Carr

    Analyst Instructor

    Senior instructor at Fundamental Edge with deep expertise in fundamental analysis, financial modeling, and structured training programs. Has mentored numerous early-career analysts through their transition into professional investment roles

  • Paul Johnson

    Analyst Instructor

    Adjunct Professor at Columbia Business School since 1992, where he has taught securities analysis and value investing to over 1,500 students. Co-author of Pitch the Perfect Investment: The Essential Guide to Winning on Wall Street and five-time recipient of Columbia's Commitment to Excellence award.

HOW IT WORKS

Schedule a call

1

Meet with the Fundamental Edge team to discuss how Intern Academy can improve outcomes this summer.


Enroll your interns before day one

2

Interns arrive with a professional foundation already in place — frameworks, expectations, and workflows covered before they ever hit the desk.


Recoup valuable time

3


Interns will be guided through a structured curriculum, freeing up time for the rest of the staff to engage in more additive activities.

Without structure, interns consume senior time without producing real output. Intern Academy gives every intern the foundation to contribute from day one, and every firm the evidence to decide who belongs.