Financial Analysis Prodegree Program Schedule · · 2017-09-07Program Schedule. ... Colgate Palmolive Limited ... 4The product life cycle and the Boston 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 What does a private equity analyst do?

4 Why allocate assets to private equity?

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 and bookkeeping

4 Financial terminologies

4 Accounting concepts

4 Qualities of accounting information

4 Questions asked by internal and external

users and 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 & bookkeeping

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 DuPont 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 tax statements

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 DuPont 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 models

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 the necessary

ratios

4 Assume growth rates and proportions for

forecast years taking cue from historical

ratios

4 Create 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 Findings, 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: Smartphone 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 the 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 and applications

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 and

Amazon.com


Program Schedule

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Day 14

Business communication (2 Hours)

4 Business communication

4 Email, chat and telephone etiquette

4 Listening and 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 and 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 in the blanks,

replacing the phrase,comprehension, etc.

Logical reasoning:

Assumptions, course of action, seating

arrangement, encoding & decoding,

analogy and 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 and constructing it

4 Making the chart more communicative

4 Animation

4 Other best practices

4 Case studies and 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

profiles and 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-on-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 and

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 and email and their

uses

4 Persuasion and promotion writing

4 Research

4 Note taking

4 Brainstorming 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 dont’s

Interview preparation - Domain (3 Hours)

4 Experts guide you on how to prepare for

the technical interview round with tips,

and a quick refresher on concepts learnt


End of Level 3

Day 25

Mock interviews - HR and Domain with

internal faculty (4 Hours)

4 One-to-One 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 Schedule · · 2017-09-07Program Schedule. ... Colgate Palmolive Limited ... 4The product life cycle and the Boston Matrix