SIB’s workshop on DCF Valuation is a 1 day intensive and in class training program

  • Participants will be introduced to the theory behind DCF and then solidify concepts by preparing an actual DCF for a “real” company

Valuation Skills – Crucial to Breaking In & Daily Survival

As an analyst working in Investment Banking, Private Equity and Equity Research, a major part of your work will revolve around valuation using various techniques including DCF. Across the buy side and sell side, DCF is widely used:

  • To value target companies for M&A
  • To give stock recommendations of buy, sell and hold.

As a result, mastering DCF is a fundamental skill set for all aspiring analysts. Job interviews to enter any of these fields:

  • Are intense, highly technical in nature and
  • Questions related to DCF tend to come up frequently

The skills that you will pick up on this training program will enable you to hold your own and succeed not just in interviews, but everyday as a professional as well.

Learning Objectives

Particulars
  • 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

Target Audience

  • Sell side analysts and associates
  • Aspiring analysts and associates
  • Students and other working professionals
  • Anyone keen to brush up skills

Prerequisites

  • Basic knowledge of Excel
  • Basic understanding of financial statements
  • Laptop with a Windows operating system
  • USB key (for sharing files)

Other Details

  • There is a 10% group discount available for 3 or more
  • Participants will receive a completion certificate
  • Participants will also receive complementary access to a selection of our online training videos

INSTRUCTOR

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.

Why SIB

SIB-School of Investment Banking is a unique and one of a kind Investment Banking training institute.

  • What sets us apart is the fact that in addition to providing cutting edge “job oriented” training, we leverage our deep contacts with recruiters to secure world class placement opportunities for candidates
  • That’s why SIB alumni are pursuing their career ambitions with top tier firms spread across the major financial centres in the world
  • This is possible only because our trainers have a proven track record of delivering industry relevant cutting edge training
  • Team SIB comprises of former bankers at Lehman Brothers, Nomura, Citi and UBS

With an average placement record of 90% since inception, we know more than a thing or two about getting your foot in the door!

Details

In order to sign up, please send us an email on admissions@schoolofib.com with your contact details and we will share requisite info so you can do the needful.

Description Location Duration Timing Fees Venue  
Wed, 15 Nov 2017 London 1 Day 10 a.m. - 6 p.m. GBP 400 Zone 1 Sign Up

“The best part of the training was the way it was structured. The course, unlike normal courses in finance was very practical”

David Murry

Warwick

“I believe the practical approach towards training at SIB holds its own in real investment banking/ equity research jobs”

Rohan Sura

HEC Paris

“With hands on support and excellent training at SIB, cracking interviews was relatively easier. I would definitely say that investing in SIB is a sound and good decision for any aspiring banker”

Advay Lulla

Uni of Illinois





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