Certification in Financial Modeling and Valuation |2 Months | 16 days

Training based on MS Excel® 2007 backward compatible with 2003

About Finatics Rs. 15,000 /-

Finatics is a startup by budding entrepreneurs providing Consulting and Training in the field of Financial Modeling, (all inclusive)
Equity Valuation, Risk Management and MS Excel ®. The team has a rich exposure in the mentioned areas and Early Bird and Special
regularly updates content in consultation with practicing professionals to better understand current needs Weekday Discounts
available !!
About the Financial Modeling and
Valuation Program > Case Study Approach ensures that participant can test his/her skills!
The program aims to empower participants
with Model building and Valuation skills > Focus on Valuation & Model Building applied on a Listed Company !
through extensive coverage of Modeling,
Revenue Build-up techniques and Valuation, > Build an Integrated Model with DCF Valuation, from Scratch !
all applied on a Listed company!
The program is structured into three parts – > Build a Comparable Company Analysis Sheet !

> ‘Excel For Modeling’ covers essentials

for Model Building and Valuation and
> No ‘Plugs’ or ‘Circular Referencing’ used ! …and a detailed Analysis of the
same too !
hence is the focus of the first part
> The second Part focuses on ‘Financial > Analyze performance using proven metrics
Modeling’. Starting from the very basics
and moving on to building an integrated > Plenty of Excel Tips, Tricks and Shortcuts covered, to ensure that you rarely
use the mouse !
model without ‘plugs’
> The third part – Equity Valuation, covers
DCF valuation, Trading Comparables > Take home pack includes
 50+ Excel Exercises and 200+ hard to find - Keyboard Accelerators
(Relative valuation) and Performance
 Step-by-Step DCF valuation guide (Following ‘Mckinsey approach’)
Analysis
 Comprehensive Sales Forecasting (Revenue build-up) Guide
Who are the Trainers?  Step-by-Step Trading Comparables guide
The Trainers have worked across projects  Workings and Analysis of ‘Plugs’ vs ‘Circular Referencing’ vs ‘No Plugs’
related to Financial Modeling, Equity  Workings and Analysis of Depreciation schedule
Valuation & Risk Management. They have
 Plug-n-play Performance and Credit Analysis model
also developed comprehensive industry
approved financial models from scratch

Who Should Attend?

The module is best suited to practicing
professionals. However, students at an
advanced level of the subject will also
benefit Program Structure & Training Methodology
How Will I Benefit?
The program is structured to make the participant well versed with the > The Participant
fundamentals before moving on to Model Building and Valuation. will NOT be
Financial modeling and valuation is an Training will be a mix of theory and ‘Hands-on’ sessions working on a
invaluable skill set for those who work in, or
template!
aspire to get into Investment Banks, Quality Part 1 Part 2 Part 3
KPOs, Brokerage Houses or domains like Excel for Financial Equity > Valuation and
Corporate Finance, Credit Analysis, Business Modeling Modeling Valuation Model Building
Planning & Analysis will involve a
The participant will be able to – 15% 30% 55% Listed Company!
> Apply MS Excel® skills for problem  Excel Time savers & Essentials  Introduction to Modeling  Revenue Build-up techniques > Theory would
solving  Commonly used Functions  Best Practices in Modeling  DCF valuation Extensive
comprise
> Build a Fully Integrated Financial Model  Conditional Operations  Modeling techniques Theory & Application
 Conditional Look-up  Building a 3 statement Model  Performance Analysis 25-30% of the
from scratch    Trading Comparables
Nesting, Charting & and Building an integrated Program
> Understand and Apply Financial Analysis, Sensitivity Analysis Financial Model without Extensive Theory and
DCF and Relative Valuation ‘plugs’ Application
Certification in Financial Modeling & Valuation | 2 Months | 16 days
Financial Modeling refers to the process of building a structure that integrates the Balance Sheet, Income
Statement, Cash Flow Statement with supporting schedules to enable decision making in areas like, Business Modeling &
Valuation of a listed
Planning and Forecasting, Equity Valuation, Credit Analysis/Appraisal, Merger/acquisition analysis, Project
company Included !
Appraisal etc. In each of the above areas, success of the deliverable to a large extent depends on the quality
…7 Case Studies
of the Financial Model.
too!
On successful completion of the module you will be able to…
Other Details
 Apply DCF Valuation on a listed company  Apply performance and Credit Analysis techniques
> Suitable for Professionals
 Apply Trading Comparables on a set of companies  Analyze Revenue build-up techniques for Valuation and and advanced students alike
 Use MS Excel® for Data Modeling and Problem Solving while Market Sizing
> Option of weekday or
never using the mouse again !!  Decode Financial jargon and uncover popular misconceptions weekend batches
 Present results with Sensitivity Analysis & well formatted  Understand Ratios by identifying consistencies between the > Fast Paced option available
Charts involved metrics

Day 1 Excel Essentials Day 6-7 Model Building Part IV > Learning Excel will not
> Introduction to Keyboard Accelerators > The Assumption/Control Sheet be a one-time event but
> Manipulating & Formatting Rows/Columns, Borders & Sheets > Opex, Capex & Working Capital an ongoing process
> Using the Paste Special box > The concept of Maintenance & Expansion Capex
throughout the program
> COUNT, COUNTA, COUNTBLANK, AVERAGE, MAX, MIN, > Depreciation Schedule (Waterfall Type)
ROUND, TRUNC and INT & ABS > The ‘right’ way of modeling Debt
> Using Conditional Formatting > Investments & Short term debt schedule
> The focus on Modeling
> Creating multi-dimensional formulas with ‘Referencing’ > Cash Flow drives balance sheet vs Balance sheet drives Cash Flow Fundamentals and
> Nesting with the ‘IF’ function > Final Integration without ‘plugs’ Issues ensures the
participant develops a
Day 2 Excel for Modeling & Presentation Day 8 Valuation Fundamentals & FAQs strong foundation for
> Using VLOOKUP & HLOOKUP > Why do share prices move up? Advanced Modeling
> Using SUMIF, COUNTIF AND AVERAGEIF > Are dividends important? Do Share Buybacks create value ?
> Using the TRANSPOSE & SUMPRODUCT functions > Does DCF really work? What is Value Creation? Who follows it ? > A waterfall type
> Working with dates – DATEDIF, YEAR, YEARFRAC & MONTH > A Bird’s Eye view of the Enterprise DCF method debt/depreciation
> Sensitivity Analysis with Data Tables > Other Valuation methods in brief: Accretion/Dilution Analysis,
schedule gives a more
> Charting - Commonly used & 3 Axis charts Transaction Comparables, LBO analysis, First Chicago
> Case Study Approach, Replacement cost analysis & Real Options realistic view of the
future performance
Day 3 Model Building Part I Day 9 Revenue Build-up techniques
> What is Financial Modeling ? > 3 approaches of building the backbone of your Valuation
> Extensive theory on
FCF, WACC and
> Best practices in Model Building > Why do Statistical (Sequential) Methods fail?
> What’s a plug and why should it always be avoided ? > What’s better – ‘Top-Down’ or ‘Bottom-up’?
Continuing Value
> Analysis of ‘Plugs’ vs ‘Circular Referencing’ vs ‘No Plugs’ > Building Operational drivers ensure that you can
> The Anatomy of a financial model: A bird’s eye view > Competitive Advantage Periods and Fade Rates dodge pitfalls in real
> Why the ‘Percentage of Sales’ method is incorrect > Case Study | Revenue Build up of a listed company
world application

Day 4 Model Building Part II Day 10-13 Calculating FCF, WACC & CV > Trading Comparables
> Extracting data from an Annual Report > Which Cash Flow do I Choose – FCF(F) vs FCFE include myth-busters,
> Introduction to the 3 statements > FCF – Real world Calculation and Application ‘Why P/E is Overrated’
> Restating financials for valuation and analysis > WACC – Real world Calculation and Application
and a Step-by-step
> Comprehensive analysis of the Linkages between the 3 > Calculating Continuing Value –Gordon growth vs Exit Multiple
statements & How cash flows through each > Calculating Enterprise Value and Value per share
guide to application and
> The Common Size statement (Vertical & Horizontal Analysis) > 3 Case Studies interpretation of

Day 14-15 Multiples

> Basic 3 statement model without ‘plugs’
Trading Comparables
Day 5 Model Building Part III > Why use Multiples? Two approaches to use Multiples > Performance Analysis
> Profitability Measures – How EBIT reflects true performance
> Identifying the Peer Set ensures solid grasp of
> Calculating LTM/TTM & Calendarization
(Gross, EBITDA and Net margin analysis included) fundamentals and make
> Analysis of Multiples – P/E, PEG, P/B, P/FCFE, EV/Sales,
> Calculation & Analysis of ROE & ROCE
EV/EBITDA, EV/EBIT & EV/FCF Sector Specific Multiples you ready for real world
> Liquidity Analysis with the Cash Conversion Cycle
> Case Study | Application on a listed set of companies analysis
> Risk Analysis – Types of risks and Analysis of DOL, DFL & DCL
> Credit Analysis – Measuring & Analyzing IC & DSCR
> Case Study | Analyze performance of a listed company Day 16 Revision
Here’s what the participants have to say…

Participants have worked/working with companies like…

 Amba Research  Pliris Capital
 Capgemini  Power Corporation of “…The techniques taught at Finatics are unique and
 Crisil Nigeria
comprehensive. The course helped me get complete
 First Global  Reval Analytics
 Honeywell  Riverhead Capital understanding of the complexities involved in valuing a company,
 Irevna  Tata Capital in a simple yet logical manner. Learning valuation was a great
 JP Morgan  Transparent Value
experience with Finatics ”
 MoneyLife  Worbus Management
 KPIT-Cummins Consulting Sanket Dhanorkar, Research Analyst, Moneylife

“…I found the financial modeling course to be extremely relevant for careers “…From being a "Nerdie CFA Level 3 candidate" and
in investment banking and equity research. It was very practical, intuitive and going to a confident applicant for a junior analyst's position
hands-on realistic experience during the entire training period …I now feel …well I owe it all to Finatics …the tutors with their undivided
much more confident with Excel and finance concepts ” attention and thorough guidance have helped me achieve
Sagar Dhoot, Analyst, Riverhead Capital clarity in my purpose and a strategy to translate my vision
into reality”
“…The course was very comprehensive and Vatsala Bhatt, CFA L3 Candidate
detailed than I thought it would be …(was a)
tremendous value addition. The moment I came “…What I really liked was the logical way in which the training was imparted. Before
back, two days later I got a job at CRISIL. As coming to Finatics, I had been to a very well known training institute, but the
a matter of fact I would have never cracked the prospective trainers didn't impress me at all. Plus, the fee was unaffordable. I have also
interview at CRISIL if not for the course. heard seasoned finance professionals speak very highly of the courses Finatics offers.
One and all I would recommend the course to The course has also helped me come up with better ideas at workplace. I'm looking
everyone who is looking for a career in forward to completing a more advanced course in financial modeling from the institute.”
Security Valuation.” Karan Mudgal, Research Associate, vCustomer India
Neermoy Shah, Analyst, CRISIL

Related Programs
Rs. 8,500/-
Equity Valuation (10 days) (All Inclusive) Why Finatics ?
Focuses on Equity Valuation alone! 10 days
> Personal Attention
Includes DCF and Comparables.
> Case Study based approach
Advanced Financial Modeling and Equity > Course Content regularly upgraded
Valuation (5 months) Rs. 65,000/- > Focus on Excel application
Advanced Modeling issues resolved, (All Inclusive) > Hands-on Learning experience
40 days Model Building without ‘plugs’
In-depth coverage of Advanced Valuation >
issues, Merger & LBO Modeling, Reverse DCF, > Analysis of Revenue Build up techniques
Detailed Analysis of revenue build-up > Comprehensive Take Home Material
techniques, Advanced Excel for modeling Special Weekday Student Discount program
>
included – personal attention assured!

Rahul | +91 9096-119-299

Abhijit | +91 9766-498-350