Financial Analysis Prodegree Program Scheduleimarticus.org/wp-content/uploads/2017/03/curriculum.pdf · Colgate Palmolive Limited - a Publicly ... 4The BCG Growth-Share Matrix

Level 1 - 68 Hours

Weekend Batch - Saturday and Sunday (5 Hour session)

www.imarticus.org

Instructor Led Training

(Either in Classroom or

Online Live classes)

IFAP Landscape (2 Hours)

4 Financial Analysis Landscape

4 Top Line vs Bottom Line

4 Vehicles of Growth

4 Strategic Rationale For M&A

4 Valuation in M&A: How Much Will You Pay?

4 What is M&A?

4 Types of M&A

4 Indian M&A Market

4 Private Equity In India

4 Whar does a PE analyst Do?

4 Why allocate assets to PE

4 Investment parameters of private Equity

Investors

4 Peculiarities of Private Equity Investors

4 Benefits of Private Equity

4 The Issue with Private Equity

On Registration

Videos to Watch Before

the Next Session (Will be

released one week prior)

Financial Analysis Prodegree

Program Schedule

www.imarticus.org

Instructor Led Training Videos to Watch

Principles of Accounting (2 Hours)

4 The Accounting Process

4 Who uses Accounts?

4 Accounting & Book-Keeping

4 Financial Terminologies

4 Accounting Concepts

4 Qualities of Accounting Information

4 Questions asked by Internal and External

Users, Conflict of Interest

4 Managerial vs. Financial Accounting,

Accounting vs. Bookkeeping

4 The use of GAAP

4 Building blocks of Accounting

Day 1

Day 2

Financial Analysis Landscape (5 Hours)

4 Financial Analysis Landscape

4 Basics of Corporate Finance

4 Introduction to M&A

4 Introduction to Private Equity

4 Introduction to Equity Research

4 Current Indian Scenario: Investment

Banking, Equity Research, Credit Research

Specific Financial Items and Financial

Statement Preparation (1 Hour)

4 Financial Statements - Balance Sheet,

Profit and Loss and Cash Flow

4 Understanding Revenues and Expenses

4 Transaction Analysis

4 The Recording Process

Principles of Accounting (5 Hours)

4 The Accounting Process

4 Who uses Accounts?

4 Accounting & Book-Keeping

4 Financial Terminologies

4 Accounting Concepts

4 Basic Accounting Equation

4 Accounting principles and conventions

4 Hindalco: Walk ‐ through of financial

statements

Day 3

Ratio Analysis (5 Hours)

4 Du-pont Analysis

4 Definitions of Ratios

4 Liquidity Ratios

4 Asset Management Ratios

4 Debt Management Ratios

4 Profitability Ratios

Specific Financial Items and Financial

Statement Preparation (5 Hours)

4 Financial Statements - Balance Sheet,

Profit and Loss and Cash Flow

4 Understanding Revenues and Expenses

4 The Accounting Cycle

4 Understanding Consolidated Accounts


Program Schedule

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4 When to use Which Ratios

4 Case Studies in Ratio Analysis

Day 4

4 Tangible Assets

4 Goodwill

4 Depreciation

4 Investments

4 Deferred Taxesstatements

Excel Basics (3 Hours)

4 Spreadsheet vocabulary review

4 Explore the User Interface

4 Work with the Ribbon

4 Work with Contextual Tabs

4 Customize the Excel Interface

4 Creating Spreadsheets

4 Cell Formatting

4 Logical Functions (IF, Nested IF,

AND,OR,NOT,IFERROR)

4 Date and time functions (TODAY, NOW,

YEAR, EDATE, EOMONTH, DAY & DATEDIF)

4 Text Functions (TEXT, LEFT, RIGHT, MID &

CONCATENATE)

4 Statistical Functions (COUNT, COUNTA,

COUNTBLANK, COUNTIF & SUMIF)

Ratio Analysis (5 Hours)

4 Du-pont Analysis

4 Definitions of Ratios

4 Liquidity Ratios

4 Asset Management Ratios

4 Debt Management Ratios

4 Profitability Ratios

4 When to use Which Ratios

4 Case Studies in Ratio Analysis

Day 5

Advanced Excel (3 Hours)

4 Custom List

4 Goal Seek

4 Macros

4 Pivot Tables

4 Scenarios

4 Consolidation

4 Data Cleaning

4 Data Manipulation

Excel Basics (2 Hours)

4 Spreadsheet vocabulary review

4 Explore the User Interface

4 Work with the Ribbon

4 Work with Contextual Tabs

4 Customize the Excel Interface

4 Creating Spreadsheets

4 Cell Formatting

4 Logical Functions

4 Date and Time

4 Statistical Functions

4 Frequently used shortcuts


Program Schedule

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Day 5

Day 6

Advanced Excel (3 Hours)

4 Data Validation

4 Templates

4 Custom List

4 Goal Seek

4 Scenarios

4 Consolidation

4 Data cleaning

4 Data Manipulation

4 Pivot Tables

4 Macros

Forecasting and Financial Modeling

(3 Hours)

4 Basics of Financial Modeling

4 Comparison Between Financial Model &

4 Normal MS Excel Calculations

4 Components of Financial Modeling

4 Financial Modeling Requirements

4 Types of Data

4 Types of Variables

4 Growth Rates and Proportions

4 BEDMAS Principle

Ratio Analysis and Consolidation (2 Hours)

4 Consolidation of Financial Statements

4 Case Study on Consolidation

4 Simple Consolidation

4 Preparing Consolidated Statements


(3 Hours)

4 Modeling income and expenses

4 Modeling non-operating expenses

4 Overview of FX, Risk and Hedging

4 Associates

4 Overview of Extraordinary Expense

4 Below the Line Adjustments

4 Modeling EPS and DPS

4 Overview of EPS


(3 Hours)

4 Objectives of Forecasting

4 Understanding Business Model

4 Basics of Financial Modeling

4 How to create a basic IB financial model


Program Schedule

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4 Basic vs Diluted EPS

4 Identifying Dilutive EPS and Modeling

4 Dividend Decisions and Modeling

4 Modeling Working Capital

4 Overview of Working Capital

4 Working Capital Ratios

4 Forecasting Working Capital

Day 7


(5 Hours)

4 Real Life Case Study

4 Build an Integrated Financial Model for

Colgate Palmolive Limited - a Publicly

Listed Company

4 Convert the Single Step Historical Income

Statement Captured in the Excel File into a

Multi-step Income Statement

4 Set up a Separate Assumption and

Analysis Sheet and Capture Necessary

Ratios

4 Assume growth rates and proportions for

forecast years take cue from historical

ratios

4 Model Income Statement, Balance Sheet

and Cash Flow

4 Ensure that the Assets and Liabilities

match


Program Schedule

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44 Hours - Instructor Led Training

Day 9

Evaluation - 1 (5 Hours)

4 Semester 1 Evaluation on Accounts and

Financial Landscape - Objective and

Subjective Test Paper

Corporate Strategy (2 Hours)

4 The BCG Growth-Share Matrix

4 Mahindra & Mahindra Case Study

4 Product Life Cycle

4 Finding, Strategies and Suggestions

Guest lecture and Open House (4 Hours)

4 Guest Lecture by EY leadership

4 Open House with Faculty for Doubt

Clearing

24 Hours - Videos to Watch

End of Level 1

Day 8


Program Schedule

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Level 2 - 65 Hours


Session 1 Valuation Basics (3 Hours)

4 Basic Approaches to Valuation

4 Key Valuation Terms

4 Approaches to Valuation

4 Relative Valuation

4 DCF and Other Intrinsic Valuation

4 Trading Comps and Peer Valuation

Corporate Strategy (5 Hours)

4 Porter’s Five Forces

4 Structural Determinants

4 SWOT Analysis

4 PEST Analysis

4 The Product Life Cycle and the Boston

Matrix

4 Identifying Key Success Factors and Core

Competencies

4 Case Study: Smart Phone Application

4 Class Exercise: What strategy has Flipkart

adopted?

Day 10

Day 11

Session 2 Valuation Basics (3 Hours)

4 Transaction comps

4 Steps in Valuation Using Trading

Comparables

4 Understanding Time Value of Money

4 Sensitivity Analysis

4 What Return Should A Firm Expect?

4 Growth Models

Valuation Basics (2 Hours)

4 Introduction to Valuation

4 Different approaches to Valuation

4 Arriving at Cashflows and Growth rates

for valuation

Valuation Advanced (3 Hours)

4 Calculating Terminal Value

4 Treatment of specific financial items

4 Choosing Tax Rates


Program Schedule

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Day 12

Day 13

Cost of Capital (5 Hours)

4 Cost of New and Existing Debt

4 Cost of Equity – CAPM Model

4 The Risk-Free Rate in Practice

4 The Market Risk Premium: Historical

Premium Approach

4 Types of Risk and Estimating Beta

4 Cost of Equity – Companies with Country

Risk Exposure

4 Correlating the Cost of Capital to Valuation

4 Calculation of WACC

4 Levered and Unlevered Beta

Business Communication (3 Hours)

4 Business Communication

4 Body Language Primer

Firm Valuation Models (3 Hours)

4 FCFF Valuation (Single-Stage, Two-Stage,

Three Stage)

4 APV Valuation

4 Sector Specific Multiples

4 Relative Valuation for a Listed and

Unlisted Company

4 Comparison with Intrinsic (Cash Flow

based) Valuation

Equity Valuation - Methods (3 Hours)

4 Equity Valuation Models: Strengths,

Caveats, Application

4 Dividend Discount Models

4 FCFE Models

Equity Valuation - Methods (2 Hours)

4 DDM (Single-Stage, Two-Stage, Three-

Stage, “H” Growth Model)

4 FCFE (Single-Stage, Two-Stage, Three

Stage)

4 FCFE Valuation vs. DDM

Firm Valuation Models (2 Hours)

4 Which cash flow should I discount?

4 Which Growth Pattern Should I use?

4 What discount rate should I use?

4 Case studies of companies valued: ABN

Amro, Nestle, DaimlerChrysler,

Amazon.com


Program Schedule

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Day 14

Business Communication (2 Hours)

4 Business Communication

4 Email/Chat/Telephone Etiquette

4 Listening/Questioning Skills

4 Interpersonal Skills

Aptitude (5 Hours)

4 Quantitative Aptitude Training

4 Trains, Time and Work

4 Profit and Loss

4 Ages

4 Permutation and Combination

4 Chain Rule

4 Alligations

4 Time and Distance

4 Simple Interest

4 Partnership

4 Surds and Indices

4 Pipes and Cisterns

4 Logarithms, Probability,

4 Percentages and Ratio and Proportion

Resume Writing (3 Hours)

4 The Why, The What and the How of

Resumes

4 Personal Branding

4 Tips and Resources

4 Interview Skills

4 Using Social Media

4 CV Discussion

Aptitude (5 Hours)

4 Verbal Aptitude:

Synonyms, Antonyms, Error Spotting,

Sentence Arrangement, Fill the blanks,

Replacing the Phrase,Comprehension, etc.

Logical Reasoning:

Assumptions, Course of Action, Seating

Arrangement, Encoding & Decoding,

Analogy, Blood Relation Questions.

Day 15

4


Program Schedule

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Day 17

Technical Skills - Powerpoint (5 Hours)

4 Working with Shapes

4 Keeping the Audience/Reader on Track

4 Working with Pictures

4 Avoiding “Death by Bullet” Mini-Series

4 Working with Tables, Charts - Choosing the

Most Appropriate Chart & Constructing it

4 Making the Chart more Communicative

4 Animation

4 Other Best Practices

4 Case Studies & Before vs. After Examples

Evaluation - 2 (5 Hours)

4 Semester 2 Evaluation on Valuation


End of Level 2

Day 16

Day 18

Guest lecture and open house (4 Hours)

4 Guest Lecture by EY leadership - Topic:

Challenges/Caveats in Valuation

Open House with Faculty for Doubt Clearing

Transaction Execution (2 Hours)

4 Typical Private Equity fund raise process

4 The Science – Technical closure details


Program Schedule

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Level 3 - 47 Hours


Introduction to Equity Research (5 Hours)

4 Overview of Equity

4 Research business

4 Job of an Equity Research Analyst

4 Types of research reports

4 Approach to analyze a business

4 Ecosystem of Asset Management

4 Buy side, Sell Side Jobs - Incentives, Work

Profile, Requirements

4 Business Model Snapshot

Transaction Execution (4 Hours)

4 M&A Transaction Process

4 How to Make a Pitch Presentation

4 LBO and Financing Basics

4 Basics of Documentation

4 Due Diligence: What Should You Look Out

For?

4 Planning Post-acquisition Integration

Day 19

Day 20

Introduction to Equity Research

(5 Hours)

4 Unravelling Colgate

4 Primer on Equity Research

4 Techniques of Relative Valuation

4 Walkthrough a maintenance Research

Report

4 Tips on Effective Research Writing

One-One Presentations (2 Hours)

4 One-on-one presentation of individual

assignment

Day 21


Program Schedule

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Day 22

Guest lecture by EY + Business Writing &

Storyboarding (5 Hours)

4 Preparation

4 Establishing the Purpose of Collateral with

Regard to the Audience

4 Identifying the Specific Needs of the

Audience

4 What is the Scope of Coverage?

4 Selecting and Understanding the Medium

of Communication

4 Brief Introduction to Various Mediums of

Brochure, Newsletters, Email and their

Uses

4 Persuasion and Promotion Writing

4 Research

4 Note Taking

4 Brain Storming and The Art of Mind

Mapping

4 In class Mind Mapping Exercise

Day 23

Final Project Presentation (5 Hours)

4 Final Project Submission in Front of Your

Peers While Industry Experts Evaluate Your

Project Work with Constructive Criticism

Interview Preparation - HR (3 Hours)

4 Business Etiquette

4 Interview Preparation

4 Stage 1 - Preparation

4 Stage 2 - First Impressions Count

4 Stage 3 - The Interview

4 Stage 4 - The Final Stage

4 How To Ace The 50 Most Common

Interview Questions

Day 24

Financial Model Presentation (5 Hours)


Program Schedule


Program Schedule

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Day 26

Day 27

Interview Preparation - HR (2 Hours)

4 Types of Interviews

4 What to Do Before an Interview

4 What to Do After an Interview

4 Follow-up Etiquette

4 Body Language - Dos and Donts

Interview Preparation - Domain (3 Hours)

4 Experts Guide You on How to Prepare for

Technical Interview Round with Tips, Tricks

and a Quick Refresher on Concepts Learnt


End of Level 3

Day 25

Mock Interviews - HR and Domain with

Internal Faculty (4 Hours)

4 1:1 or Panel Mock Interviews with Faculty

to Clear the HR and Technical Round of

Interviews to Give You Confidence to Face

Real World Scenarios

Mock Interviews - HR and Domain Facing

External Industry Experts (4 Hours)

4 1:1 or Panel Mock Interviews with Industry

Veterans to Clear the HR and Technical

Round of Interviews to Give You

Confidence to Face Real World Scenarios

Total 127 Hours - Instructor Led Training Total 53 Hours - Videos to Watch

Documents

Financial Analysis Prodegree Program Scheduleimarticus.org/wp-content/uploads/2017/03/curriculum.pdf · Colgate Palmolive Limited - a Publicly ... 4The BCG Growth-Share Matrix