| Title: | Equity Research Assistant at Bashyal & Company Pvt. Ltd |
| Author: | Mr. Amit Sah |
| Advisor: | Mr. Raj Sankrit |
| Degree: | Bachelor of Business Administration Program in Finance and Investment (International Program) |
| Major: | B.B.A. Finance and Investment (International Program) |
| Faculty: | Business Administration |
| Semester/Academic year: | 2/2567 (2024) |
Abstract
This report details practical experience from a cooperative internship at Bashyal & Company Pvt. Ltd. (BCPL), a top investment and risk management firm in Nepal, conducted between February 1 and May 24, 2025. Focused on equity research and financial analysis for Nepal Stock Exchange (NEPSE) securities, the internship aimed to apply academic finance concepts, refine valuation techniques, and strengthen portfolio management skills.
As an Equity Research Intern, key tasks included financial modeling, comparative valuation (using P/E and EV/EBITDA ratios), and building structured financial databases. Achievements comprised identifying undervalued stocks like CHDC, improving market trend analysis, and addressing data inconsistencies through cross-referencing and advanced Excel tools. Collaboration across departments enhanced insights into risk assessment and portfolio diversification strategies.
The experience highlighted the critical role of data-driven decisions in emerging markets, advocating for centralized databases and modern analytical tools. It connected theoretical frameworks, such as discounted cash flow (DCF) models, to real-world applications, sharpening analytical, communication, and problem-solving abilities. Despite challenges like limited data access, the internship reinforced career goals in investment banking, emphasizing adaptability, strategic foresight, and lifelong learning in evolving financial sectors.
Keywords: Equity research, risk management, financial modeling, Nepal Stock Exchange (NEPSE), relative valuation, portfolio diversification.
Mr. Raj Sankrit, บธ.บ. การเงินและการลงทุน (หลักสูตรนานาชาติ) – B.B.A. Finance and Investment (International Program), บริหารธุรกิจ (Business Administration), บริหารธุรกิจบัณฑิต สาขาวิชาการเงินและการลงทุน (หลักสูตรนานาชาติ) – Bachelor of Business Administration Program in Finance and Investment (International Program), 2/2567 (2024)
