Path to Success…

FMInstitutePath to Success...

Certification in“Financial Modeling and Company Valuation”

From FMInstitute

“Basic and Advance Excel Specialist”

from MICROSOFT (USA)

FINANCIAL MODELING INSTITUTE

Certification in

Tel: 011-47028779

Mob.: +91-9310040603

+91-9911251975

Web: www.fminstitute.in

47/16, HOTEL SAGAR PALACE

Old Rajendra NagarNear Rajendra Place Metro Gate No:3

New Delhi-110060

Chehak

Office Excel® 2007

September 12, 2015

Office Excel® 2007

Financial Modeling Institute

This Certifies That

has successfully completed the course on

"Financial Modeling & Company Valuation using Excel and VBA"

FMInstitute, New Delhi [India]

Authorised Signatory

Registration and Training Venue

from

Ankita Khanna

FMInstitutePath to Success...

Who can best fit in FMInstitutee

FMI course has proven effects for breaking into the following financial careers:

Investment Banking Private Equity Hedge Funds

Equity Research Asset ManagementCorporate FinancePrivate Wealth Management

A professional not in the industry but seeking to break into finance sector

An industry professional seeking to fine-tune their existing financial modeling skills.

A current MBA/ CA/ CFA/ M.Com, etc. who wants to learn valuation and financial modeling skills in order to gaina competative e advantage over the peers and increase your probability of doing a job?

A college graduate or current undergrad seeking your first finance job or internship?

corporate world, provides students and professionals with the relevant practicalal financial skills. The candidates also find placements with

the best global Investment Banks, KPO, Equity Research Firms, Credit Rating /Research Firms and Financial Services companies in India.

FMI Established in 2010 and more than 5000 professionals got certified from our program, Financial Modeling training Institute offering an

accelerated career path for both current finance professionals and all individuals seeking to enter the finance industry FMI is the place where Industry experience you can learn from and quality you can trust. Over the past five years, FMI has trained ample of professionals who are currently working worked as financial professionals.or have

FMI has also trained analysts and associates on behalf of many firms. More specifically, a number of our graduates have been employed or

are currently employed by the following organizations:

FMInstitute is a training Institute that offers certified courses related to Technical Analysis, Advance Financial Modeling and Company

valuation, Basic & Advance Excel, Macro(VBA), Foreign Courses: CMA London. Our training builds up the gap between academics and the

16 Days / 2 Month Weekend (Saturdays & Sundays)Training

About FMI

WNS, COPAL AMBA, GENPACT,JPMORGAN, MORGAN STANLEY, ELI RESEARCH, VCCIRCLE,

BARCLAYS, PULSAR KNOWLEDGE, EVALUESERVE, E&Y, KPMG,etc.

Text Functions:Concatenate,Substitute,Right, left,Mid,Len, Upper , lower, Proper,Find, Search,Trim, Trunc, Round Working with

named ranges ; Creating a name range,Editing named range, Deleting a named range Create a custom named range

Create Lists & Data Tools Text to columns, Remove Duplicates, Data Validations

Conditional foormatting, Protect Sheet, Create hyperlinks Working with graphics, Convering workbookBasics of charting:Creating a chart,Creating a Bar chart with line graph, Modifying chart option changing the source data perform

Pivot Tables Understanding pivot tables, Creating Pivot tables, Grouping / Ungrouping, How to add calculated field and

calculations with in pivot table, sorting data, Show value as % of row, % of column, % of total, Creating a pivorot chart

What if Analysis Goal Seek, Data Tables, Scenario Manager Solver , Outline Group, Ungroup, Subtotal

Sort & Filter Sorting Data, Filtering Data, Using Advanced Filters

Formula Auditng Evaluate formula, Trace precedents, Trace dependents, Remove Arrows, Show Formulas

Basics of Excel : Introduction to Excel 2010, Excel Structure, Save file and their file extension, Excel Keyboard shortcuts, Format rows

and columns, Applying number formats, Paste Special

Formatting of cells: Wrap Text, Merge & Center, Cell alignment Basics of referencing : absolute, relative and mixed Excel functions: Basic

functions-Sum, count, CountA, Average, Operators (+,-,*,/),Max, Min Logical functionIF , AND, OR Functions, Nested IF, IF Error, Iferror ,

Date and Time functons: (How date works in excel)Month, Year, Day, Date, Today , Now, Days360 Lookup Functions: Vlookup, Hlookup,

Index, Match,Offset, Choose, Indirect.

Information Functions: Iserror, Istext, Isnumber,Isodd, Iseven, Cell , Isblank Conditional : Sumifs, Countis, AverageifsFunctions

Basic & Advance Excel 1 & 2:

Day

Interactiveee Macros, Events: Message Box, Input Box, Trigger Macro on Workbook Events. Trigger Macro on Worksheet Events

Basic & Advance Macro (VBA- Visual Basic Application)

Basic & Advance Macros : Introduction to VBA Macros, About Macros, Record a Macro and Modify the Code, Personal MacroWorkbook

The Visual Basic Editor Opening the VB Editor, Project Explorer Window, Inserting a code Module, Properties, Window,, Toolbars in the VB

Editor

Code Structures, How to Enter Code: Code Blocks, Sub...End Sub Block, Functions...End FunctionBlock Statements: Capturing and

Assigning Values, Making Decisions: If and Select Case, Loops: For, For Each, and Do Loops, Add comments to code

Variables and Options:Variable Types and Declaration , Declaring Variables

Coding Common Excel Objects: Excel Object Model, Workbook, Worksheet, Range

Applied VBA: Creating Add-ins, Exporting and Importing Code Module , Protecting Your VBA Project, User Defined Functions

Day 3 & 4:

·Introduction to Financial Statements: Income Statement, Balance Sheet, Cash Flow Statement.

·Go through every line item of the Financial statements and Related accounting Standard

·Interactions between financial statements and do an Impact analysis

·Understanding the concept of EBIT and EBITDA

Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic

decisions. These statements include the income statement, balance sheet, statement of cash flows,and a statement of retained

earnings. Financial statements are linked with each other. Our in-depth course in Financial Statements helps you learn and master the subject which is actually very cri al to the start of your finance career.

Financial Statements & Ratio AnalysisDay 5, 6 & 7

·Overview and explanations of all major Financial ratio and their uses in difference sectors

·Methods of Consolidations of a subsidiary Company with the holding company

·Financial Reporting vs Taax reporting, Reasons for Deferred tax·Concept of “Normalization of EBIT and PAT”

·Income Statement Ratio: Gross Margin, EBIT margin, PAT Margin

·Balance Sheet Ratios: ROE, ROCE, Liquidity Ratios

·Understand how financial statements are linked and how change in one item affect the others

Basic Financial Modeling using Excel ( Case Study on FMCG)

Financial modeling is the task of building an abstract representation(a model) of a real world financial situation. This is a mathematicaal

model designed to represent the performance of a financial asset or portfolio of a business, project, or any other investment. It builds

from the integration of three financial Statements: Income Statement, Balance Sheet & Cash flow statement.

Key Learning Outcomes§ Building comprehensive financial models from scratch for a Listed Company.

§ Learn to define assumptions and make forecast for Income statement, Balance sheet and Cash Flow statements with required item based schedules.

§ Integrate assumptions and drivers into financial models based on the information available in the Annual report.

§ Design various supporting schedules of: Working Capital, Deferred Taxes, Property, plant and equipments / Depreciation,Intangible Assets, Retained Earnings and Debt & Interest

§ Calculate Ratios to identify Strength and Weakness of the Firm

§ Perform sensitivity & Scenario analysissis using data tables, Choose and Offset

§ Balance the model using the debt schedule and debt sweep logic.

§ How does the revolver facility actually balance the model?

§ How the financial statements are integrated using the Interest schedule?

§ What are circular references, why should they be avoided and how to deal with circular references

Real Estate Modeling

Step by Step building a model for Commercial Real Estate Project Building Area Assumptions Capex and funding Schedules

Building Debt and Interest Schedule

Building Revenue and NOI schedule

Modeling Valuation, IRR, equity returns Scenario Analysis for key project parameters

§

§

§

§

§

§

Day 8 & 9

Day 10

Day 8 & 9

Selecting and valuating appropriate Multiples/ E Trailing and forwarded, EBIT Multiple,EBITDAA Multiple, P/B Multiple revenue

Multiple, PEG)

Calculate and interpret financial and market ratios Common analytical challenges including Calandarization, non recurring items,

dilutive securties and classfication issue are addressed using industry best prac

§

§

§ Calculating Growth Drivers and Future Assump§ Revenue Build-Up – Projecting the Future Revenues§ Cost Build-Up – Projecting the Future Cost§ Modeling historical & projected financial statements § Building cash flow statement§ Asset and Depreciation Schedule§ Debt and Interest Schedule§ Building an Integrated model for valuation using DCF

§ Sensitivity/Scenario Analysis§ Equity Modeling – Equity Infusion§ Modeling the projected P/L and BS§ Modeling the projected Cash Flow Statement§ Performing Ratio Analysis§ WACC and Cost of Equity Analysis§ Performing Valuation using DCF (FCFF & Enterprise Value)

Relative Valuation of 10 Companies

Partcipants learn to select appropriate comparable companies by evaluating operational, financial and set evaluation benchmarks& select comparable companiesGather appropriate financial history and projectionsNormalizing operating results and calculating LTM operating resultsExclude nonrecurring charges, normalize for stock option expense

Standardize various expense classifications including FIFO to LIFO inventory accountingCalculate shares outstanding using the treasury stock method

§

§§§

§

§

7.Calculation of LTM Net income, EBITDA and EBIT

Transaction Valuation Modeling

The “Comparable Transaction Analysis” or “Comparable Acquisition Analysis” is based on the premise that the value of a company or an asset can be estimated by analyzing the prices paid by purchasers of ownership interests in reported comparable acquisition.Transaction multiples define the prices which acquirers are willing to pay for control of the target company in the context of an

acquisition transaction. By applying transaction multipleof the financial trial results of Company being analyzed, it is possible to

determine a range of value.

Learning objective:

1.Company Description2.Identification of Comparable companies3.Computations of equity Value with dilution

4.Determination of Net Debt Assumed5.Calculation of Firm value and share price6.Control premium analysis

8.Computation of transaction multiples

Concepts of Merger and acquisition

Build a model of M&A to see the proforma impact of various

§

§Scenario & post merger

Understand the allocation of purchase price with purchasemethod of accounting post merger

§

Under the accretion-dilution in EPS after the mergerin various scenario after adjustments

Various methods for the payments (Stock based orcash based)

§

§

Merger & Acquisition Analysis

*Group Discount Available

Contact Us for More Details.: + 91-9310040603 + 91- 9911251975

www.fminstitute.in Email: info@fminstitute.in;

DCF (Discounted Cash Flow Modeling)Day 11 & 12

Day 13 & 14

Day 15

Day 16

*Demo Class Available