Gravon Academy
The Advanced Investment Research & Analysis Program
Master the frameworks and skills professional analysts and fund managers use to analyse stocks and build investment thesis.
The Problem
Knowing finance isn’t the same as
analysing a business
Theory Without Application
You understand the concepts, but are confused how to apply theory on real financial statements.
No Repeatable Process
Analysis that shifts with mood and market noise, never a consistent method.
Generic Basic Information, Not PSX-Specific
Frameworks built for other markets that ignore how Pakistani companies actually earn.
No Feedback Loop
Learning in isolation, with no one experienced to pressure-test your thinking.
Curriculum
What you'll master
A rigorous, eight-module program in advanced equity analysis — built on institutional frameworks and adapted for the PSX.
Module 1 — Foundations of Equity Investing
Full module details are shared during enrollment.
Module 2 — Financial Statement Analysis & Earnings Quality
Full module details are shared during enrollment.
Module 3 — Equity Valuation in Practice
Full module details are shared during enrollment.
Module 4 — Macroeconomic & Sector Frameworks
Full module details are shared during enrollment.
Module 5 — Financial Modelling
Full module details are shared during enrollment.
Module 6 — Building an Investment Thesis
Full module details are shared during enrollment.
Module 7 — Portfolio Construction
Full module details are shared during enrollment.
Module 8 — Risk Management
Full module details are shared during enrollment.
Results
What you'll be able to do
After completion, you'll have everything you need to analyse, value, and manage equities with professional rigour.
Analyse Companies
Independently evaluate any listed Pakistani business.
Identify Quality
Distinguish genuine compounders from value traps.
Build Financial Models
Construct a full three-statement model and derive a valuation.
Write a Real Thesis
Build and defend an investment case the way an analyst does.
Develop Investment Strategy
A personal investment process that lasts.
Why this course
is different
Taught by a
Practitioner
Led by a CFA charterholder who has analysed, managed, and systematised these exact frameworks.
Real PSX Case
Studies
Analysis of actual listed Pakistani companies, not textbook abstractions.
Institutional
Thinking
How professional fund managers actually evaluate stocks.
Practical
Frameworks
Tools you can use on your very next investment decision.
Direct Instructor
Access
Fatiq is available throughout your learning journey.
Who this course is for

Early-Career Analysts
Equity research analysts both buy-side & sell-side who want to sharpen analytical skill.

Aspiring Analysts
Students and graduates targeting research or asset-management roles.

Serious Self-Directed Investors
Managing your own portfolio and ready for professional-grade analysis.

Finance Professionals
Broadening into equity analysis from banking, accounting, or advisory.

Entrepreneurs & Wealth Builders
Deploying capital into equities with discipline and rigour.
Play course previewMeet Your Instructor
Fatiq Bin Khursheed,
CFA
Investment Specialist and Founder of Gravon.
Background
CFA charterholder with a professional background in equity research and fund management in Pakistan & US Stock Markets.
Experience
Active across multiple PSX cycles — bull runs and drawdowns — with deep local market knowledge.
Investment Philosophy
Fundamentals-oriented and medium to long term. Quality businesses at reasonable prices. No speculation.
Accomplishments
Called the economic and stock market crises of 2017 and 2022. Built and scaled VLEKTRA and Finqalab

Limited Enrollment
Secure Your Spot
Cohorts are limited in size to preserve instruction quality and direct instructor access.