COURSE HIGHLIGHTS

 The #1 Course to Land a Job in Valuation

 Certified Investment Banking Course with 100% Placement assistance

 3/6 months internship with a Startup Valuation firm

 Gain hands-on, practical experience during training, similar to a real job within the Investment Bank

 80% of the Real-time industry used Case study-based learning

 Our trainers: Valuation Expert working professionals with 13+ years of experience

 A guide to over 100+ frequently asked Valuation questions and their answers

 Build 5 financial models from scratch of your chosen Listed/Private companies

 Be part of our Global Valuation Analyst alumni network

 IPOs, Bonds, M&A, Trading, LBOS, Pitch deck, Valuation: Everything is included!

 Prepare a company’s Budget from Scratch

 Dedicated Placement Manager with 1-on-1 mentorship

MODULE 1: MS EXCEL EXPERT

 Excel Essentials & keyboard shortcuts

 Basic & advance excel functions

 DATEDIF, YEAR, YEARFRACE & MONTH

 Index, Search, Choose, offset

 Using SUMIF, COUNTIF, AND AVERAGEIF

 Sensitivity analysis with Data tables

 Using VLOOKUP/HLOOKUP/ Match Index

 Pivot table, Charting commonly used

 Conditional Formatting, Paste Special

 Dashboards, Templates, Macros

MODULE 2: DATA COLLECTION AND MODELING

 Sources for authentic financial data for US, India, China, Germany, and Singapore companies

 Tricks to collect data in the shortest time

 Data collection & Data structuring for model

 Understanding of Financial Reports & their types

 Types of filing 10-K, 10-Q, 8-K, 20-F etc

 Create a Model template for 5 years of historical data for

             Revenue Drivers

             Cost Drivers

             Income statement

             Balance sheet

             Cash flow statement

             Dividend schedule

             Asset Schedule

             Debt Schedule

             Equity Schedule

MODULE 3: FINANCE FUNDAMENTALS

 What Research Analyst does?

 Skill set requires for Equity Research Analyst?

 Job roles of BUY SIDE and SELL SIDE Analysts

 Understanding, Reading & Analyzing of

             Income statements & Balance sheet

             Cash flow statements

             Notes to accounts

             GAAP & Non-GAAP/Reported & Adjusted numbers

             Reported/Adjusted /GAAP/Non-GAAP EPS

             Restructuring & Adjusted numbers

             Pro-forma Income statement            

             Restating financials for valuation and analysis

 Concepts & treatment of the following points

             Minority/Non-controlling

             Associates

             Subsidiary

 Convertible debt/securities

 5 case studies on live small business

 Make a business plan for startups

 Corporate actions & their treatments

             Rights issue

             Bonus issue

             Takeover

             Merger

             Acquisitions

             Interim/Annual dividend

             Stock splits

             Spin-off

             Reverse split

MODULE 4: SECTOR/INDUSTRY RESEARCH

(Analyzing Sectors/Industries/Companies)

 Company's Business model understanding

 Economies/Sectors/Industries understanding

 Operational drivers & cost drivers & Projection

 Factors that impact the company's projections & valuations

 Case studies on 'Top Down' and 'Bottom Up' approaches

 Forecasting of IS, BS, CFS, and Schedules

MODULE 5: FINANCIAL MODELING & VALUATION

 Interlinking of financial statements (IS, BS, CFS)

 Tallying the balance sheet in 30 minutes

 Use best practices in Financial Model Building

 Understand & develop a forecasting basis for each line of IS, BS & CFS

 Build & Forecast Advanced Schedules including the following points

             Debt Repayment Schedule (DRS)

             Fixed Assets Module (FAM)

             Dividend & Equity Schedule (ES)

RATIOS:

 In dept conceptual understanding of financial ratios we include the following points

             Liquidity ratios

             Leverage ratios

             Efficiency ratios

             Profitability ratios

             Market value ratio

 Calculation and analysis of ratios on your chosen company

 Compare your company's ratios with competitors

             DuPont analysis

MODULE 6: INTRODUCTION TO VALUATION

 Overview of valuation: Introduce students to the concept of valuation and its importance in decision making. Provide an overview of the different types of valuation and their uses.

 The role of valuation in decision making: Explore the role of valuation in decision making, including investment decisions, mergers and acquisitions, and financial reporting.

 Key valuation approaches: Introduce the three main valuation approaches: income, market, and asset based

 Understanding financial statements and ratios: Review the key financial statements and ratios used in valuation, including the income statement, balance sheet, and cash flow statement.

 Time value of money: Explain the time value of money and its importance in valuation, including present value and future value calculations.

MODULE 7: DISCOUNTED CASH FLOW ANALYSIS

 Understanding the basics of DCF: Introduce the basics of DCF analysis, including the calculation of free cash flows and the use of a discount rate.

 Steps involved in conducting a DCF analysis: Outline the steps involved in conducting a DCF analysis, including forecasting future cash flows, determining the appropriate discount rate, and calculating the terminal value.

 Forecasting future cash flows: Discuss the methods used to forecast future cash flows, including historical data, analyst forecasts, and management projections.

 Determining the appropriate discount rate and terminal value: Review the methods used to determine the appropriate discount rate and terminal value in a DCF analysis.

 Sensitivity analysis: Explain the importance of sensitivity analysis in a DCF analysis and how it can be used to assess the impact of changes in key assumptions on the valuation.

MODULE 8: COMPARABLE COMPANY ANALYSIS

 Understanding the basics of CCA: Introduce the basics of CCA, including the selection of comparable companies and the use of valuation multiples.

 Identifying and selecting comparable companies: Discuss the methods used to identify and select comparable companies, including industry and size comparability.

 Adjusting for differences between comparable companies and the target company: Review the methods used to adjust for differences between comparable companies and the target company, including adjustments for size, growth, and profitability.

 Analysing the results of the CCA: Explain how to analyse the results of a CCA and how to interpret the valuation multiples.

MODULE 9: PRECEDENT TRANSACTION ANALYSIS

 Understanding the basics of PTA: Introduce the basics of PTA, including the selection of precedent transactions and the use of transaction multiples.

 Identifying and selecting precedent transactions: Discuss the methods used to identify and select precedent transactions, including transaction size and timing comparability.

 Adjusting for differences between precedent transactions and the target company: Review the methods used to adjust for differences between precedent transactions and the target company, including adjustments for size, growth, and profitability.

 Analysing the results of the PTA: Explain how to analyse the results of a PTA and how to interpret the transaction multiples.

MODULE 10: ASSET BASED VALUATION

 Understanding the basics of asset-based valuation: Introduce the basics of asset-based valuation, including the identification and valuation of the company's assets and liabilities.

 Identifying and valuing the company's assets and liabilities: Discuss the methods used to identify and value the company's assets and liabilities, including tangible and intangible assets.

 Adjusting the asset-based valuation for market and economic conditions: Review the methods used to adjust the asset-based valuation for market and economic conditions.

MODULE 11: VALUATION ADJUSTMENTS

 Normalization adjustments: Review the methods used to make normalization adjustments to financial statements, such as adjusting for non-recurring items, extraordinary items

 Non-operating assets and liabilities: Discuss the treatment of non-operating assets and liabilities in valuation and the impact they can have on the valuation.

 Control premiums and minority discounts: Introduce the concept of control premiums and minority discounts and how they affect valuation.

 Synergies: Discuss the importance of synergies in valuation and the methods used to estimate them.

 Other valuation adjustments: Review other common valuation adjustments, such as adjustments for marketability and liquidity.

MODULE 12: VALUATION APPLICATIONS

 Equity valuation: Discuss the application of valuation techniques to equity valuation, including the use of multiples and the dividend discount model.

 Business valuation: Explore the application of valuation techniques to business valuation, including the determination of enterprise value and the use of weighted average cost of capital (WACC).

 Mergers and acquisitions: Discuss the use of valuation techniques in mergers and acquisitions, including the determination of a fair price for the target company.

 Valuation for financial reporting: Review the use of valuation techniques for financial reporting purposes, such as the impairment testing of goodwill and other long-lived assets.

MODULE 13: VALUATION CHALLENGES AND ETHICS 

 Valuation challenges: Discuss the common challenges faced in valuation, such as the lack of reliable information, the uncertainty of future events, and the complexity of valuation models.

 Ethical considerations in valuation: Explore the ethical considerations in valuation, such as conflicts of interest, insider trading, and the appropriate use of valuation techniques.

 Case studies: Present case studies that demonstrate the challenges and ethical considerations in valuation and discuss how they were resolved.

MODULE 14: PRESENTATION, REAL CASE STUDIES, MOCK INTERVIEWS, SOFT SKILL

 10+ real-time case studies

 Prepare you on 100+ frequently asked Equity Research Interview questions with answers

 Positive attitude and emotional intelligence training

 Placement managers for 1 on 1 mentorship

 Communication and interpersonal skills training

 Conduct regular mock interviews

 Work on individual strengths, and weaknesses and prepare an interview script

 Profile building and marketing

 Interview scheduling & helping candidates in placements