Since you're here it is perhaps safe to assume that you aspire for a career in Investment Banking, Corporate Finance, Equity Research or Private Equity. Lets call it Option 1

But more importantly, in the pursuit of Option 1 are you willing to do whatever it takes to break in and then move up and rise through the ranks? Is that you?

  • Relentless, determined and unwilling to compromise on your aspirations and settle for Options 2, 3, 4 and 5?

Then perhaps you could be a good fit for SIB's flagship Investment Banking Course

“The best part about the course was the amount of effort that was put into providing us with a job placement. Even after the classes had finished, SIB continued to work very hard. It is extremely important to have someone fighting to get your CV on top of the pile and I am grateful to have had SIB on my side”

Giuseppe Mosca

Exeter Uni

PJT Partners

“I am at a major bulge bracket US Investment Bank currently working alongside graduates from top tier universities across the world. This has been possible only because of the course at SIB”

Sarfraz Sohani

Mumbai Uni

Goldman Sachs IBD London

Breaking in is hard, its super competitive, the odds are stacked against you.

At SIB, having trained and delivered “outcomes” in the form of “job placements” which have not been possible through academic degrees or professional qualifications, we know that first hand. But breaking in is possible and achievable, if you go about it the right way.


ABOUT SIB

Founded in 2007, School of Investment Banking is a unique and one of a kind Investment Banking training institute. What sets us apart is the fact:

  • That we go way beyond providing cutting edge industry relevant training and leverage our deep contacts with recruiters to secure world class placement opportunities for candidates

That’s why SIB Alumni are pursuing their career ambitions as Investment Banking Analysts with major recruiters such as JP Morgan, Goldman Sachs, Citi, Deutsche Bank, Bank of America, HSBC, Nomura, PwC, Ernst & Young, KPMG, Deloitte and Grant Thornton among others across

  • New York, London, Johannesburg, Dubai, Mumbai, Singapore, Hong Kong & Sydney

COURSE DETAILS

We’ve launched full operations in London recently. The Full Time Certificate Course in Investment Banking is SIB's flag ship course and is an intensive program that runs for 4 weeks. This Course prepares candidates for jobs in Investment Banking, Corporate Finance, Equity Research & Private Equity.

  • Our trainers are former investment bankers at bulge bracket firms with a proven track record
  • We focus on providing "practical" training with the aim of getting candidates "job ready", so our training material is concise, to the point and hits the nail on the head
  • Our average placement record of 90% since 2007 is unparalleled and speaks for itself. In a short time, we have already had a great start and replicated this success in London. See Placements for more details

CANDIDATE PROFILE

Prior knowledge in finance is NOT essential to join SIB. Our training is open to ambitious candidates from a range of backgrounds who will typically be:

  • Undergrads
  • Post grads
  • Chartered Accountants
  • CFA’s
  • Other working professionals

DETAILS OF UPCOMING COURSES:

Candidates need to secure a minimum of 60% on assessments to qualify for placements.

CITY NEXT DATE Duration TIMING FEE COURSE TITLE VENUE
London 4 June 2018 4 weeks 9 a.m. – 5 p.m. See Admissions* Investment Banking Zone 1
London 9 July 2018 4 weeks 9 a.m. – 5 p.m. See Admissions* Investment Banking Zone 1
London 6 Aug 2018 4 weeks 9 a.m. – 5 p.m. See Admissions* Investment Banking Zone 1

* Save GBP 500 before Mon, 30 April 2018

“SIB gave me an accurate picture of what an analyst’s life would entail and taught me all the fundamentals of investment banking to a very high standard. The teaching is grounded in reality and focuses on what employers would actually expect from you from day one. I also love the fact that SIB works very hard to get its students interviews and for the whole month we are hammered with interview preparation”

Azeem Safdar

Glasgow Uni

"Joining SIB was a very good decision. It improved my technical skills, prepared me for job interviews and I got the break I needed in investment banking. I am very grateful to all the faculty members for giving each student personal attention and for putting the interests of students first and foremost"

David Murry

Warwick Uni

COURSE CONTENT

  • SIB is a pioneer in the provision of "practical" training that enables candidates to be"job ready"
  • Our training material is concise, to the point and hits the nail on the head
  • Ultimately, entry level analysts hired from SIB can hit the ground running from Day 1 as opposed to Day 90

Week 1 ( Days 1-3)

Accounting Overview, Excel
  • Introduction to Financial Statements (P&L, balance sheet, cash flow)
  • Double entry and key accounting principles
  • Reading an annual report
  • Ratio analysis & interpretation
  • Final accounts (P&L, balance sheet, cash flow)
  • Lease accounting
  • Retirement benefits
  • Purchase accounting - goodwill recognition & impairment
  • Group accounting - subsidiaries, associates & JV's
  • Introduction to excel

Week 1 (Days 4-5)

Company Profiles & Presentation Skills
  • Data gathering (research)
  • Structuring a company profile
  • Company description
  • Business/group structure, service lines
  • Key personnel
  • Summary Financials
  • Share price chart
  • Recent events
  • Broker commentary
  • Key performance indicators
  • Flow of the pitch book

Week 2 (Days 6-8)

Valuation - Trading Comparables
  • Gathering information
  • Choosing appropriate peer group
  • Equity value & equity multiples
  • Enterprise Value & EV multiples
  • Normalizing earnings
  • Calculating last twelve months (LTM)
  • Calendarisation
  • Calculating fully diluted shares (options & convertibles)
  • Adjusting EV - subsidiaries, associates
  • Adjusting EV - leases, retirement plans
  • Calculating various multiples
  • Checking and interpreting results
  • Plenty of practice!!

Week 2 (Day 9)

Valuation - Transaction Comparables
  • Gathering information
  • Choosing appropriate deals
  • Discuss strategic rationale
  • Regulatory roadblocks/challenges
  • Control premiums, synergies
  • Equity value & equity multiples
  • Enterprise Value & EV multiples
  • Normalizing earnings
  • Calculating last twelve months (LTM)
  • Calculating fully diluted shares (options & convertibles)
  • Adjusting EV - subsidiaries, associates
  • Adjusting EV - leases, retirement plans
  • Calculating various multiples
  • Checking and interpreting results
  • Plenty of practice!!

Week 2 (Day 10), Week 3 (Days 11-12)

Valuation - DCF
  • Time value of money
  • Estimating & forecasting free cash flows (FCFF, FCFE)
  • Cost of equity ( beta, risk free rate, equity risk)
  • Target capital structure
  • Cost of debt
  • Calculating WACC
  • Understanding terminal value
  • Gordon growth & exit multiple
  • Discounting cash flows, mid year
  • Deriving intrinsic value
  • Sensitivity & sanity checks
  • Big picture (connecting the dots)

Week 3 (Days 13-14)

Financial Modeling - Integrated
  • Overview of financial modeling
  • Excel best practices
  • Understanding the company, industry
  • Revenue build up, KPIs
  • Preparing & forecasting P&L
  • Preparing & forecasting balance sheet
  • Equity schedule
  • Depreciation & amortization schedule
  • Working capital schedule
  • Fixed assets, capex build up
  • Cash flow statement
  • Debt and interest schedule
  • Dealing with circular references
  • Balancing the balance sheet
  • Calculating implied price per share
  • Checks & balances

Week 3 (Day 15) & Week 4 (Day 16)

Financial Modeling – Merger
  • M&A overview
  • Financial statements for acquirer & target
  • Purchase consideration & goodwill
  • Deal metrics: Valuation, multiples, shareholding
  • Deal financing (Stock, Debt)
  • NPV of Synergies
  • Sources and Uses of Funds
  • Proforma financials : Accounting for M&A
  • Preparing newCo financials: Factoring M&A impact
  • Cap tables, accretion/ dilution, Sensitivity tables

Week 4 (Days 17 - 18)

Financial Modeling – LBO
  • Overview
  • Purchase consideration & goodwill
  • Deal metrics: Valuation, multiples, shareholding
  • Deal financing (Stock, Senior/Junior/Mezz)
  • Sources and Uses of Funds
  • Proforma financials : Accounting for the LBO
  • Forecasting: Factoring LBO impact
  • PIK's, Min cash balances, revolver etc
  • Cap table, credit ratios, sensitivity, IRR's

WEEK 4 (DAYS 19-20)

More Good Stuff
  • Q&A
  • Interview prep
  • Current affairs
  • Assessments

Though in reality, this happens everyday @ SIB

PLACEMENTS

Candidates who complete our Full Time Certificate Course successfully can be assured of getting interview opportunities with leading recruiters.

  • Our role at SIB is to create opportunity, but there is no magic here
  • Candidates should understand that converting an interview opportunity into a job offer depends on their own merit
  • We DO NOT guarantee placements

Since 2007, SIB has been delivering “outcomes” that matter most to learners just like you. Our 90% average placement record is unique and has no parallel.

  • This is possible only because of our deep contacts with recruiters
  • We market your CV to recruiters in our network and fight hard till such time you have a couple of interviews

Over the years, we have built deep contacts with recruiters in the City and are confident of being able to replicate our placement success in London as well. In a short time, we have already had a great start with early success in London.

FURTHERMORE…

  • Candidates need to secure a minimum of 60% on assessments to qualify for placements

ADMISSIONS

At SIB, we believe in a stakeholder approach where the growth of our Institute is dependent on the growth of our candidates and vice versa. Our students are the keepers of our franchise and will play a major role in protecting and promoting our culture and brand. Such principles make it critical to attract the best talent with an appreciation for both the cultural and operational dynamics of the finance industry.

WHO CAN APPLY?

Candidates between the ages of 20 and 28, although exceptions may be made based on individual skills. Candidates must fall into one of the categories below:

  • Undergrads (at uni and/or already graduated)
  • Post grads (at uni and/or already graduated)
  • Chartered Accountants
  • CFA’s
  • Other working professionals

MINIMUM REQUIREMENTS

  • Superior and consistent academic performance
  • Strong A Levels; 2:1 at university
  • Work rights -> British or EU passport holders
  • Excellent communication skills
  • Genuine interest in the finance industry
  • Attention to detail
  • Good analytical skills
  • Initiative and maturity

APPLICATIONS

Candidates can apply by emailing their CV and cover letter to admissions@schoolofib.com

  • Admissions will be confirmed only after an interview
  • If you have any questions, feel free to call on 07506 951154 during standard business hours.

TUITION FEES:

  • GBP 3,000
  • Save GBP 500 till Mon, 30 Apr 2018

FACULTY

Chaitanya Kumar

Chaitanya founded SIB after working with Lehman Brothers in London and Mumbai. Chaitanya helped Lehman Brothers to establish their Investment Banking outsourcing business in India. His role revolved around training Lehman Brothers' analysts and provided him valuable insight into both project management and business development. In London, Chaitanya worked in the Telecoms M&A team where key transactions included :

  • The €1.2bn sale of Bivideon's stake in Ceske Radiokomunikace and T-Mobile Czech Republic to a consortium comprising Mid Europa Partners, Lehman Brothers Private Equity and Al Bateen Investments
  • The €1.6bn sale of TIM Hellas to Apax & Texas Pacific Group
  • The $4.5bn disposal of Telesystem International Wireless (TIW) to Vodafone
  • Sale of 51% stake in Intracom Telecom to Sistema Group for €440m
  • £80m convertible bond issue for Pipex Communications Plc

Prior to Lehman Brothers, Chaitanya worked with Arthur Andersen in London providing Assurance Advisory services to leading financial institutions. Chaitanya completed his MSc. in Banking and International Finance from the Sir John Cass Business School, London. He graduated from the University of Leeds with a first class honors degree in Accounting & Finance.

FAQ's

WHY SIB?

CONTENT : Curated content that imparts just the relevant skills to succeed as an Analyst

OUTCOMES: Delivering "outcomes" in the form of job placements is something very core, central and sacred to what SIB is all about. For you, this is a unique value proposition so profit from it

EXPERIENCE & TRACK RECORD: Alumni from our flagship Full Time Programs are pursuing their career ambitions as Investment Banking Analysts with major recruiters across New York, London, Johannesburg, Dubai, Singapore, Hong Kong, Mumbai, Delhi & Sydney.

No other training provider can deliver what we can. So choose and invest wisely!

HOW DO PLACEMENTS WORK?

At SIB, we have deep contacts with recruiters in major financial centres across the world, including the City.

  • We market your CV to recruiters and fight hard till such time you have a couple of interviews
  • Then it’s up to you to work your magic in interviews
  • Please note, we don’t rely on head hunters

HOW LONG CAN PLACEMENTS TAKE?

As you know very well, Investment Banking, Equity Research, Private Equity and Asset Management are the most competitive jobs to break into.

  • Recruiters are spoilt for choice and there are many talented professionals trying to break in just like you
  • Placements can take anything between 4-12 weeks minimum so it is important that you are patient
  • Of course, we encourage you to apply on your own as well

WHAT TYPE OF COMPANIES COULD INTERVIEW ME?

Candidates will typically be interviewed by boutique Corporate Finance firms, Equity Research houses, mid sized Investment Banks, Hedge Funds and Private Equity houses.

INTERNSHIP OR A FULL TIME ROLE?

At SIB, we will endeavour to get you a full time job first. Having said that, we encourage candidates to keep an open mind for an internship as well as they go a long way in helping secure full time roles later. SIB is a platform to get your foot into the door.

WHAT ARE MY CHANCES?

Very high. Delivering “outcomes” in the form of job placements is something very core, central and sacred to what SIB is all about.

  • Our track record speaks for itself
  • Once we get started, we fight very hard and are confident of being able to generate interviews for you
  • Then it is up to you to stand up for yourself and make it count

WILL I GET A CERTIFICATE UPON COMPLETION?

Candidates who secure 60% on assessments and complete the program successfully will be awarded a SIB completion certificate. Having said that, we encourage candidates to rise above the mind set of “collecting” certificates. What matters is that top recruiters hire from SIB regularly. That in itself is the best certification there could be!

INTERNATIONAL STUDENTS?

Unfortunately, SIB cannot assist you with a work permit in the UK. But we have strong contacts with recruiters in all major financial hubs across the world and can assist you with placements in your home country.