6 Weeks Investment Banking Training (11 October 2010)

8/8/2019 6 Weeks Investment Banking Training (11 October 2010)

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+91 11 4562 2127 +91 99 5372 9651 [email protected] www.arc-academia.com

6 Weeks

Investment Banking Training


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Your Journey toWall Street (Investment Banking)

Begins with


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We Bridge the gap

between -Academic theory & concepts

and

Real world, on-the-job

training


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What we Offer

Corporate on-site financial trainingprograms for new & lateral hires & currentprofessionals

Based on a non-academic, practical, thisis how it's done in the real worldapproach

Investment banking, M&A, equityresearch, asset managers, credit analysis

& banks

Customized Training in Colleges andUniversities for financestudents*

Practical approach to concepts likeWACC, DCF, Valuation etc

Open Workshops (2 days, 5 days, 10days, and 6 weeks) for professionals inindustry looking to fine tune their skillsor making a career in Investment

Banking

Regular invite by top colleges forseminars on Investment Banking,Valuation, Financial Research, Equitymarkets etc

Guest Speakers in professional bodieslike Institute of Chartered Accountantsof India for topics on InvestmentBanking, Corporate Valuation

Corporate Training Class Room Training Seminars/Workshops

Core topics of fundamental analysis

Financial statement analysis, corporate finance, financial & valuation modeling

Mergers & acquisitions, leveraged buyouts & distressed analysis

Practical, real-world, non-academic, non-theoretical, hands-on instruction


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6 Week Training Programme

The 6 weeks Investment Banking Training is designed to provide delegates with a comprehensive understanding of investment banking

techniques, equity research, and capital markets. Designed by Investment bankers and industry experts, this programme plugs the gap between

theoretical concepts learned during academic degrees/diplomas and on-the-job application of those concepts.


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Programme Contents

Excel, Power Point Training Week 1

Company Research / Company ProfileWeek 1 and 2

Sector / Industry Research

Basic Accounting andFinancial Concepts Week 2

Relative Valuation Week 3

Financial Modeling & DCF Week 4 and 5

Pitch Book Week 6

Training modules replicate exactly how it is done by

analysts across the Globe

Excel training is not a one-time event but an ongoing

process throughout the programme

Build and create your own financial models

Top-down approach for financial statements and analysis

Fee: USD 1250 / INR 55,000 (Inclusive of taxes)

Dates: 11th October 2010

Days: Monday to Friday

Time: 10 a.m. to 5 p.m.

Venue: Corporate office of ARC-WST, 311, Ansal

Majestic Tower, G-Block, Vikaspuri, New Delhi-

110018


7/19+91 11 4562 2127 +91 99 5372 9651 [email protected] www.arc-academia.com

Programme Contents



Basic Financial Concepts Financial Statements and Ratio AnalysisFormat: 100% Excel

This is not an Accounting class, but rather, is a customized refresher to the basics of financial statements income statement, balancesheet and cash flow statements. This is equally fit for people coming from non-commerce backgrounds. It starts with different types ofcompany filings and ends up with learning the relevant sections to be used for analysing a company. This session is must before one canmove to valuation methodologies.

What Delegates learn

What are the different types of company filings in different countries (Annual or half yearly or quarterly) and how to analyse them

What all sources to be used for analysing a company (investors presentations, earnings transcripts etc)

Key Items of financial statements like Revenues, Operating Profits (EBIT), EBITDA, Net Profits, Cash & Cash Equivalents, Total Debtetc

What are the operating metrics for a particular company like ARPU and No. of subscribers for a telecom company

Overview and explanation of major financial ratios including Return on Equity, Debt to Equity, Price to Earnings, Earnings Per Share

Can Debt to Equity ratio be calculated on market values and not book value

Why Trailing Twelve Months play an important role in analyzing a company

Excel Training (Basic and Advanced like V-lookup, array functions, pivot tables)

Basic Financial Concepts



Relative Valuation Analysis of Selected Publicly Trading CompaniesFormat: 100% Excel

Company Comparable Analysis / Trading Comps analysis is one of the most critical functions of any financial analyst. This method utilizesbenchmark multiples based on publicly traded companies. It is important to note that trading multiples do not reflect control premiums or potential

synergies from a buyer. Mastering thisjob is crucial to success in capital markets, whether you are in investment banking, equity research, orasset management. This excel-based hands-on teaches you to analyze and compare publicly traded companies from a relative valuation

perspective, focusing on current market valuation and trading multiples.


How to choose right set of peers; comparing apples to apples

Normalizing financials for extraordinary items, non-recurring and restructuring charges

What is Enterprise Value (EV) and how it is different from Equity Value

Can EV be negative; if yes then how do I value a company

Treasury Method of calculating diluted shares outstanding (dilution impact of ESOPs, Convertible bonds / debentures etc)

Analyzing multiples (Trading and market based) (e.g. why EV/EBITDA is preferred over P/E)

Trading Comps



Financial Modeling & DCF ValuationFormat: 100% Excel

Excel based Financial Modeling starts with creation of a top-down income statement projection model. Then, construct a basic discounted cashflow analysis on top of your projection model. This Excel-based class provides a non-academic, real-world, hands-on primer to the quantitative

and technical aspects of financial modeling. The DCF approach is among the most scientific and theoretically precise valuation methodologiesbecause it relates specifically to the profitability and growth of the business being valued.


Preparation of a top down income statement based on historical numbers with data flowing to cash flow statement and balance sheetautomatically

How to project financials for next 5 years of a company

How to calculate Free cash flows to firm

How to calculate Weighted average cost of capital (WACC) and CAPM (Capital Asset Pricing Model)

Calculation of Terminal Value

How to calculate Present value of forecasted numbers in excel

How to drive Intrinsic value per share; intrinsic value is not the target price per share

Sensitivity Analysis and why it is important

Financial Modeling and DCF Valuation



Company ResearchFormat: 100% PowerPoint

Most of the delegates aspire to work in research houses, investment banks, PE firms, consulting firms, as an analyst etc. Whether anyprofessional works in a research houses, investment banks, PE firms, consulting firm, they ought to be comfortable with preparation of acompany profile which could be as small as one pager or as detailed as a 20-25 pager. This is a work which corporate expect delegates tobe comfortable right from the time they are onboard. So its paramount that delegates learn making it. Session starts with discussing aboutcontentsof a company profile and ends with a real time case study of preparation of a company profile in a template.


What are the key sections in a company profile

Where all to find information for those sections in company profile

Common templates which are used in preparation of a company profile and otherwise

How to analyze the competition and conduct competitive benchmarking

What is an operating matrix and what information should be captured in it

How to do the SWOT for a company

Getting comfortable with preparing graphs and tables in a PowerPoint , how to rebase the data and how to analyze them

What are companys strategy and how to incorporate that in a profile

A real time practical assignment is given to the delegates for them to prepare a company profile within the deadline specified

Company Research



Sector AnalysisFormat: 100% PowerPoint

The next level to company profiles is sector analysis. Once, delegates have grasped the intricacies of a company, one has to go moregranular understanding about an industry in which a company operates. This is essential to do a holistic analysis because it is critical forany research to see how the industry behaves and what all factors influence it. Based on their domain knowledge, delegates aspire tobecome knowledge experts in a particular sector in their career(s). Session starts with discussing about contents of a sector analysis andends with a real time case study of preparation of a sector in an independent template.


What are the different parameters for a sector analysis

Where all to find information about different parameters

How to analyze a particular sector

What all is covered in an operating matrix and how to do operational benchmarking

Discussing 3 sectors with inputs from delegates

Discussing a complete report on a particular sector

A real time practical assignment is given to the delegates to prepare a sector report within the deadline specified

Sector / Industry Research



Pitch Book

Pitch BookFormat: 100% PowerPoint

The delegates have learnt all about sectors, industry, financial modeling so far. What is the next step? Ultimately, it all boils down to makingsales. So, delegates have to learn how to pitch to prospective clients and how the knowledge gained so far is ultimately applied. Sessionstarts with discussing about pitch book contents and ends with a real time case study of preparation of a pitch book in an independenttemplate.


How to prepare a pitch book and what all is covered in the same

What all discussions take place during a pitch and how these are addressed

A real time practical assignment is given to the delegates for them to prepare a pitch book

Types of pitch book

Buy Side

Sell Side

IPO



Take A Step

First Step The Next Step

Universities & Colleges ARC WST India

Theory or practical Theoretical Practical

Objective Impart knowledge Competency based professional development

Focus What and Why How do I apply this

FacultyProfessors who researchthe real world

Investment bankers, finance managers andprofessionals from real world of finance

Class roomDuration 1-4 years +200 hrs on jobtraining

Content Leading knowledge Insight and best practice around the world

Gains Academic degree

Practical application of theoreticalconcepts

Skills and capabilities Career enhancement

Competitiveness in global marketplace

Steps Towards Career Path



Faculty



Tapan Jindal

Employment Experience

ARC Academia WST India, corporate training f irm dedicated to teaching fundamental financial concepts

ARC Financial Services, boutique investment bank focused on mid cap and small cap companies

Fidelity Investments, Largest AMC in the world

iGATE Global Solutions, managed a hedge fund and an investment banking client

Credentials

Visiting faculty at ICAI, India, for Corporate Valuation and Investment Banking programmes

Youngest author in the history of ICAI, for his book on Auditing for CA intermediary level

Founded BS-BS Foundation, a non profit organization to educate people of their social responsibilities and change traditional mindset

Avid Writer - write-ups captured in leading international periodicals including CIMA and ICAI

Education/Academia

Chartered Accountant from The Institute of Chartered Accountants of India

Bachelors in Commerce from Panjab University

Tapan Jindal, a 1st generation entrepreneur having co-founded ARC Financial Services and ARC Academia, brings with him richexperience in Corporate Valuation, Equity Research, Investor Relations Management Services and Fund Raising Activities. A regularinvite as a guest speaker by the Institute of Chartered Accountants of India and many Ivy league B-Schools, Tapan has trained and

groomed thousands of finance professionals. He is also the youngest author in the history of ICAI, for his book on Auditing for CAintermediary level.



Manoj Goel




Goldman Sachs, largest investment bank

Times Private Equity, a private equity arm of Times Group

Credentials


Education/Academia


Bachelors in Commerce from Delhi University

Manoj Goel, Co-Founder and Director in ARC Financial Services and ARC Academia, brings with him diversified and comprehensiveexperience in Corporate Finance, Capital Markets and Investment Banking. His rich experience includes Valuation of Companies,Corporate Restructuring including demergers, Cross Border Acquisitions, Equity Syndication and Leveraged Buyouts. A visitingfaculty of Institute of Chartered Accountants of India and many Ivy league B-Schools, Manoj has trained and groomed over 1,000

finance professionals.



Himanshu Jain




McKinsey & Co, a Top Consulting Firm

ICICI Prudential Life Insurance, as Management Trainer

Credentials


Has authored articles in financial newspapers and business magazines

Part of the research team for Business Book Granularity of Growth by McKinsey & Co, a top business best seller

Education/Academia


Bachelors in Commerce from Panjab University

Himanshu Jain, Co-Founder and Director in ARC Financial Services and ARC Academia, brings with him exquisite experience inStrategic & Financial Research, Consulting, Insurance & Corporate Finance. He has been part of multiple engagements involvingindustry landscape study, sector analysis, revenue growth decompositions, portfolio shift of segments, corporate restructuring,mergers, acquisition, private equity funding etc. In ARC, he heads the business development team. A visiting and Guest faculty intop MBA colleges and professional bodies like Institute of Chartered Accountants of India, he has trained and groomed over 300delegates.


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6 Weeks Investment Banking Training (11 October 2010)

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