Imsproschool Financial Modeling Prospectus-20100621

8/8/2019 Imsproschool Financial Modeling Prospectus-20100621

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Financial Modeling

Financial Modeling is a key skill with application in several areas within banking and finance industry as well aswithin corporations. In financial modeling you learn to gather historical information on companies and analyzecompany / industry performance on various financial parameters. This analysis is then used to build acompanies financial model, which in turn is key to projecting a future financial performance. Based on this model

companies / investors can arrive at a suitable valuation for the companies.Individuals with these skills can work in the areas of investment banking / equity research/trading, financialKPOs that are assisting investment bankers / equity research firms, financial advisory firms, project finance andin the area of performance tracking and MIS for companies themselves.

Career Options in Finance Sector Financial KPOs: Knowledge Process Outsourcing (KPO) has emerged as a new fast growing business

sector. Lot of finance companies currently outsource research and financial analysis functions to KPOsbecause it is cost effective for them. When Outsourcing of financial research started a few years back itwas considered as low complexity back room information support for Investment Analysts from buy sideand sell side firms. This activity has now moved up the value chain considerably and the world ofoutsourced research has evolved significantly for many reasons. Among them some of the prominentreasons are:

Regulatory changes that are pushing for transparency - Investment Banks doing research werenot considered being completely unbiased.

Need for Investment Banks to remain profitable - Research expertise was earlier used asmarketing and promotional tool by Investment banks to attract clients. Research was basicallya cost center activity. With most investment banks under profit pressure, and research nolonger a marketing tool, investment banks have started strategic initiatives to outsourceresearch to independent research institutions who are capable of doing at a fraction of the cost.

The above trend has led to the growth of the outsourced research activity; many of these firms are locatedin India. Some of the well known firms in this field who established their presence are: Adventity, GridstoneResearch, AMBA Research, Evalue Serve, Copal Partners, Irevna, Capital IQ, DE Shaw, Aranca,Netscribes, ICRA, CMIE, Capital Markets, Dwan A Day Analytics, Care Ratings, Value Notes, ViteosCapital Markets. Research work carried out by these firms includes:

Equity Research : Detailed research to recommend buy/sell price on companies under coverage. Thereare over 90,000 listed stocks on global exchanges and each one have to be valued on a regular basis

Financial Modeling & Valuation: Create Excel based models to get the understanding of businessdrivers, incorporate assumptions, risk factors and possible valuation of company

Forensic Analysis : In-depth scrutiny and analysis of Company cash flows and financial statement toverify the authenticity of disclosures, to prevent malpractices like Enron, Worldcom and Satyam.

IPO Analysis: Analyze the attractiveness of IPO

Sector Research: Complete macro understanding of the sectors to identify investment opportunities. The

sectors covered are typically Financial Services, Retail, Information Technology & Telecommunication,Business Services, Oil & Gas, Metals & Mining, Energy, Utilities etc.

Screening & Profiling: Identifying Target companies for mergers , acquisitions or sell out

Competitive Mapping & Analysis : Analysis to benchmark performance with peers in the sectors

Market Activity Research: Carry out research on various stock exchanges, commodity exchanges on themovements and predict future trends.

Mergers & Acquisitions Transaction Analysis: Research and Valuation Models to arrive at transactionvaluation for companies preparing to merge or acquire.


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Data Collection and Aggregation Services: Information gathering from various sources, organizing thedata collected, validating the data and providing the data to analysts.

Financial Analysts in Corporations: Companies need to analyze their own finances, build financialmodels for their own projects and hence often employ analysts within the company. There are alsofinancial advisory companies who provide these services to corporations as an outsourced model.

Most fresh graduates start as research assistants and assist senior analysts in creating reports. As aresearch assistant one has to collect, and normalize data, build the financial model, make the report andtrack the announcements / developments on the company.

These firms need candidates who have strong analytical skills and specific domains knowledge in financialanalysis and modeling..

Project Finance: In simple words Project Finance is financing of long-term infrastructure and industrialprojects . It involves assessing the financial viability of a project and creating a funding plan through debtand equity components. Apart from people who have in depth understanding of the specific project andbusiness, it requires people who can create a financial model and help build the financial plan for theproject.

Proschool Programs

The program is currently being offered in Mumbai and Pune.

Classroom Program - REGULAR Live Virtual Classroom

200 hours of Classroom Sessions

Six Months Program

Online Study Material

Online quizzes & assignments

50 hours of Live Online Classes Online Study Material


Classroom Program - SPRINT Distance Learning Program 100 hours of Classroom Sessions

3 months program





Faculty support via email

* For Classroom Program SPRINT, classes will be conducted only for Excel Proficiency, Financial Modeling & Report Writing. The rest of the courses in the program will be self-study via online mode .

Program FeeRefer to the Waiver Policy provided at the end of the prospectus.

Program Fee (Rs) Fee after Waiver (Rs)Group A Group B

FM Classroom REGULAR 77210 61768 46326FM Classroom SPRINT 35296 35296 28237FM LVC REGULAR 22060 22060 17648FM Distance Learning 13236 13236 13236

* Fees are inclusive of service tax.* Fee is subject to change. Fee paid once will not be refunded. * The fees are inclusive on one time exam fee. There is a repeat exam fee of Rs.3000/- for every re-attempt.


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Program ObjectiveThe objective is to groom the candidates for entry level jobsin the finance sector which require financial analysis andmodeling skills. The program aims to impart the necessaryskills required to perform the role of Financial Research

Analyst. The program equips students with the practical skillsets required to perform financial analysis, modeling andvaluation through Excel.

Program Content:The program comprises of the following modules. Eachmodule includes topics which are relevant providingconceptual as well as practical knowledge required forthe job.

Accounting FundamentalsEconomic AnalysisFinancial ManagementFinancial MarketsExcel ProficiencyFinancial ModelingValuation MethodsReport WritingSector Overview

Teaching MethodologyThe entire program will be taught using case studies andlucid examples for the student to understand application oftheoretical concepts. The classroom program will beconducted by experienced faculty from the industry; thiswould keep the students abreast of the latest industryhappenings. Online Program students can get their doubtsclarified by email. Those who have opted for ClassroomProgram SPRINT will have to study the first four modulesonline (i.e. self study), classes will be conducted only forExcel Proficiency, Financial Modeling & Report Writing.

Online reference material will be provided for all modules toall students immediately on enrolment. The students will beprovided user id and password to access the course contentfrom IMS Proschool website. Students would be required toread the specific online reference material, attempt onlinequizzes, and submit assignments / projects to becomeeligible to appear for the final examination. Students mayalso be required to do some additional reading and collateinformation from the internet as a part of the exercise duringthe program

Certification CriteriaCandidates will be granted the certification only if they fulfillthe following criteria. Education: Candidate must be at least a graduate or

equivalent.Those in the final year will receive thecertification only after they provide the proof ofgraduation. All candidates should undergo the training

Accounting Fundamentals Introduction to Accounting Basic Accounting Principles Income Statement Balance Sheet

Cash Flow Statement Financial Ratio Analysis Reading the Annual Report International Accounting Standards

Economic Analysis Introduction - Relevance of Economics Microeconomics Macroeconomics

Financial Management Time value of money Long term financing Cost of capital Risk and return Capital Structure Dividend Policy Working Capital Requirements Equity and Industry Analysis

Financial Markets Financial Markets & Intermediaries Equity Market Structure Equity Market Analysis Portfolio Management

Excel Proficiency Formatting of Excel Sheets Use of Excel Formulae Function

Advanced Modeling Techniques Data Filter and Sort Charts and Graphs Table formula and Scenario building Introduction to macros

Financial Modeling & Valuation and Sector Overview Introduction to Data Gathering and Financial

Modeling Prepare an Income Statement Prepare a Balance Sheet Prepare YTD Cash Flow Statement Prepare Geographic Revenue Sheet Prepare Segment Revenue Sheet Prepare Cost Statement Prepare Debt Sheet Analyze Revenue Drivers Forecast Geographic Revenues Forecast Segment Revenues Forecast Cost Statement Forecast Debt Proforma Adjustments Income Statement - Compute Margins Forecast Income Statement - Part A Forecast Income Statement - Part B Balance Sheet -Compute Ratios Forecast Balance Sheet Quarterly CFS and schedules


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program of IMS Proschool and successfully completethe online quizzes and assignments.

Examination: The candidate has to pass thecertification exam conducted by IMS Proschool at NSECentres. The candidates will be evaluated on theirperformance in the online quizzes, assignments and finalexamination. Only those who have successfullycompleted the online quizzes and assignments will beeligible to appear for the Final Certification Examination.

About the IMS Certification Examination The Certification Examination will be conducted at

NSE Centres in select cities.

The exams are normally conducted in the last weekof every Feb, May, Aug, Nov. Students cantherefore pace themselves accordingly and targetfor any of the above mentioned exam months. One

will have to register for the exam at least 45 daysprior to the exam date.

The students will have to register for these examsat IMS Proschool.

The examination is a computer based test and willcomprise of multiple choice questions. The exactpaper structure will be communicated to thestudents by IMS Proschool before every examsince the structure is subject to change.

The students will receive their scores immediatelyafter the exam.

Those who fail the examination can reappear forthe exam by paying a repeat fee of Rs.3000/- .There is no limit on number of attempts.

How to Apply for IMS Proschool Programs?You can enroll online on our website www.proschoolonline.com OR send the duly completed Application Form(attached to this prospectus) along with the following documents to IMS Proschool Centre (Mumbai or Pune)where you would like to attend the program.

i. Two passport size colour photographs.

ii. Self-attested photocopies of the highest qualification till date.iii. The payment has to be made by Demand Draft. The DD should be drawn in favour of IMS Proschool Pvt Ltd. payable in Mumbai.

iv. Those applying for waivers, need to attach the supporting documents for the waiver

Note: 1) IMS Proschool reserves the right to accept or reject any application without assigning any reason thereof.

2) Incomplete application forms or application forms which are not accompanied with relevant documents will not be

processed.

CFS Projection CFS Projection - Part A CFS Projection - Part B Basics Of Valuation Valuation- Discounted Cash Flow Method

(DCF) Valuation Relative Valuation Valuation Assumptions for Valuation Model Prepare Valuation Model Prepare Valuation Model - Part A Prepare Valuation Model - Part B Prepare Presentation Sheet(PS) Prepare Presentation Sheet(PS) -Part A Prepare Company Overview (CO) Prepare Company Overview (CO) - Part A Sector Overview

Report Writing Report Wrting

Program Content Live Virtual Classroom Basics of Excel Overview of Financial Modeling Overview of Forms (Annual Report) Discussion on Revenue Drivers Discussion on Cost Drivers Prepare Financial Statements Develop Revenue and Cost Metrics Project Revenue & Cost Metrics Analyse and Project Company Debt Project Financial Statements Develop Valuation metric Present the model with Company Overview

and Presentation Sheet


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Fee Waiver Policy

1. Waiver is available only on select variants.2. Fees are non refundable. Enrolment will be confirmed only on verification of the supporting

documents submitted.

3. Refer to the table below to view which waiver category you belong before enrolling for theProgram. 4. Kindly email a scanned copy of the relevant supporting document to [email protected] OR

send a self attested photocopy of the same to IMS Proschool Mumbai.

Waiver PolicyVariant Waiver

Group A : 20% Waiver FM Classroom REGULAR Group B: 40% Waiver Group A : No Waiver FM Classroom SPRINT

Group B: 20% Waiver Group A : No Waiver

FM LVC REGULAR Group B: 20% Waiver Group A : No Waiver FM Distance LearningGroup B: No Waiver

Waiver Category

Group A Supporting Documents RequiredIMS Students & Ex-Students IMS PINFinal Year Students and Fresh Graduates College ID cardsSC/ST / Girl Child Caste CertificateChildren of Government Employees Parent's Salary Slip OR Company ID cardFamily Annual Income less than Rs 4 Lakh Parent's Salary Slip or employment details

Group B Supporting Documents RequiredCA Inter passed Degree certificate OR MarksheetPursuing / Post Graduation in Economics/Commerce/MBA College ID card / MarksheetEngineers with above 60% Degree certificate OR MarksheetCompany Secretary Degree certificate OR MarksheetCost and Work Accountant (ICWA) Degree certificate OR MarksheetChartered Financial Analyst (International + ICFAI) Degree certificate OR MarksheetEmployees of organizations approved by IMS Proschool* Work experience letter

* Contact IMS Proschool Mumbai to find out if youre corporate is approved by IMS Proschool


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About Proschool

At IMS, our goal for the past 33 years has been simple - Build a long term successful career. IMS Proschool isan extension of the same mission although the route is different.

Economic growth over the past decade has created new opportunities for graduates & professionals and IMSProschool is helping them to tap these opportunities. IMS Proschools goal is to provide relevant skills tograduates & professionals in the shortest possible time which will enable them to perform under challengingbusiness environment.

IMS Proschool Success Created over 500 Associate Financial Planner's Created over 100 CFP's in short span of 24 months Trained over 6000 candidates on Financial Planning and Wealth Management More than 2000 candidates who are pursuing Financial Planning Education.

IMS Proschool Programs Professional Program in Financial Modeling Financial Planning Education

What makes IMS Proschool Programs unique? Focused, practical and relevant programs. Short duration. Online Classroom and Regular Classroom Programs available. Range of options to choose from Course Content developed with inputs and feedback from industry. Programs are delivered by industry practitioners.

Trainer to the Industry State Owned Banks SBI, BOI, SBBJ, IDBI Foreign Banks CITI, Deutsche Security Houses Kotak Securities, ICICI Direct, Motilal Oswal, Tata Securities

Mutual Fund Companies Sundaram BNP Paribas, Optimix. Insurance Companies ICICI Prudential

Institutional Tie- ups Partner of NISM, an initiative of SEBI (Security Exchange Board of India), to create Financial Planning

proficiency among students across India. NSE India for Financial Modeling Certificate program administration.

www.proschoolonline.com

MumbaiIMS Proschool Pvt Ltd

Maharashtra High School ComplexPrincipal N.M. Kale Marg,

Gokhale Road (S),Dadar(W)

Mumbai 400028

PuneIMS Proschool Pvt Ltd.1st Floor, Anandi Vilas1206/24B, ShivajinagarPune 411004