• Are you a working professional?
  • Would you like to switch your career profile towards core finance and more specifically investment Banking?

…That too without quitting your current job :)


COURSE DETAILS

The Hybrid Course in Investment Banking is SIB' s latest offering and uses a mix of Online self study and in-class training.

This Course prepares working professionals for jobs in Investment Banking, Equity Research & Private Equity. Training is provided by former professionals at major investment banks and financial service companies.

ABOUT SIB

  • SIB is a unique and one of a kind training cum placement institute
  • We focus on providing “practical” training with the aim of getting candidates “job ready”, so our training material is very concise, to the point and hits the nail on the head
  • Our faculty comprises of former investment bankers at major investment banks and financial service companies
  • Our average placement record of 90% since 2007 is unparalleled and speaks for itself. We expect to replicate this for the Hybrid Course as well

CANDIDATE PROFILE

Our training is open to ambitious working professionals who:

  • Have fire in their belly and are looking to challenge the status quo today, not tomorrow
  • Are seeking a higher and better vision for themselves
  • Are not merely content with “a job” but one that is aligned with their interests and long term aspirations

Our training is open to ambitious candidates who:

  • Engineers
  • MBA's
  • CA'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
 
 
COURSE TITLE
 
INVESTMENT VENUE
Mumbai 15 Jan 2018 1 week 9:30 am to 6 pm; Mon to Sat Working Professionals course 150,000 Nariman Point
CITY NEXT DATE DURATION TIMING COURSE TITLE INVESTMENT VENUE
Mumbai 15 Jan 2018 1 week 9:30 am to 6 pm; Mon to Sat Working Professionals course 150,000 Nariman Point

"Investing in SIB, turned out to be a great decision in the end. The course imparts practical training based on what an entry level analyst is expected to do on a day to day basis. The placement in the end summed it all up"

Akashdeep

CA & CFA L1

"Of all the investments that I have made, SIB has given me the highest and quickest returns. When I quit my job to join SIB, I was not very sure if I had made the right decision. But once the course started, it exceeded all my expectations. SIB is a must for every aspiring investment banker"

Rohit

MBA

HOW DOES IT WORK?

STEP 1

The first step is to go through SIB’s Wall Street Mid Cap Bundle which is a collection of 7 world class courses covering:

  • Intro to Accounting
  • Advanced Accounting
  • Valuation – Trading Comparables
  • Valuation – Transaction Comparables
  • Valuation – Discounted Cash Flow (DCF)
  • Integrated Financial Modeling – Airlines
  • Integrated Financial Modeling - IT Services

The investment needed for the Mid Cap Bundle is $1,000 (INR 64,000)

  • We recommend you go through all courses thoroughly and diligently

STEP 2

After you complete the first 5 courses in SIB’s Wall Street Mid Cap Bundle , you can submit your application for the Hybrid Course. See Admissions for more details. Please note:

  • Give yourself at least 6 to 8 weeks before you formally apply for the Hybrid Course
  • We will test what you have learnt during interview, therefore it is imperative that you go through the course content diligently and prepare well

STEP 3

If your application meets our requirements, we will be in touch to schedule an interview. Interviews can be arranged via Skype but our preference is for in person interviews in Mumbai.

STEP 4

Assuming all goes well at interview, we will make you an offer to be a part of the Hybrid Course.

  • This means that you can join the 1 week in-class training which will be held in Mumbai
  • At this stage, the remainder of the course fee i.e 86,000 (150,000 – 64,000) plus taxes will be due

Step 5: Post Training

Upon completion of the in-class training, candidates will be expected to return to their respective jobs. 2 things will happen:

  • There will be 2 to 3 assessments which you will need to submit within a pre-agreed deadline
  • We will assess your results and assuming you score 60%, we will begin marketing your CV to recruiters

Placements can take up to 2-5 months post completion of the in-class training. If you are looking for instant gratification then you should think about the 7 week full time program in Mumbai where placements happen immediately.

Stories

PLACEMENTS

The Hybrid Course for working professionals is a new offering by SIB. Candidates who successfully complete our Hybrid Course in Investment Banking 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. Having said that, our placement track record on the Full Time Placements Program is 90% and we expect replicate that here as well.

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

COURSE CONTENT

The course content for the 1 week in-class training is as below. Participants will be expected to have completed all courses on SIB’s Wall Street Mid Cap Bundle before the in-class training begins.

  • There may be 1 or 2 assessments during this week
  • The main aim of the in-class training will be to get participants interview ready
  • Participants will be expected to demonstrate a great deal of maturity and drive
  • This 1 week in-class training will be intense and fast paced

As an example, we will not be building another financial model from scratch but discussing some big picture items and giving finishing touches. Candidates would have already built 2 integrated financial models (Airlines, IT Services) in great detail through the Mid Cap Bundle.

Day 1

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

Day 2

Accounting Overview, Excel
  • Final accounts (P&L, balance sheet, cash flow)
  • Ratio analysis & interpretation
  • Purchase accounting - goodwill recognition & impairment
  • Group accounting - subsidiaries, associates & JV's
  • Introduction to excel

Day 3

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

Day 4 (Half Day)

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

Day 4 (Half Day)

M&A Considerations
  • M&A Process
  • Deal financing - Cash and stock mix
  • Accretion/dilution analysis
  • Potential credit rating impact

Day 5

Valuation- Discounted Cash Flow(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

Day 6

Financial Modeling, VC, PE
  • IT Services - Finishing touches
  • Airlines - Finishing touches
  • Debt and interest schedule
  • Dealing with circular references
  • Balancing the balance sheet
  • Calculating implied price per share
  • Checks & balances
  • Introduction to Venture Capital
  • Introduction to Private Equity

Revision

 
  • Q&A
  • Interview prep
  • Current affairs

This happens everyday @ SIB

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 23 and 26, although exceptions may be made based on individual skills and fit with recruiter criteria. Candidates must fall into one of the categories below:

  • Graduates (E.g. those who have completed courses in Accounting, Finance, Economics, Business, Sciences, Maths & Engineering)
  • Post graduates (E.g. those who have completed courses in Accounting, Finance, Economics, Business, Sciences, Maths & Engineering)
  • Chartered Accountants (CA's)
  • MBA's
  • Other working professionals

MINIMUM REQUIREMENTS

  • Superior and consistent academic performance
  • First class at SSC (Class 10), HSC (Class 12) and in higher education
  • Excellent communication skills and self confidence
  • Genuine interest in the finance industry
  • Attention to detail
  • Good analytical skills
  • Ability to work comfortably as part of a team
  • Initiative and maturity

APPLICATIONS

  • Please ensure that your application states clearly what course or batch you are applying for
  • If your application meets our requirements, we will contact you to schedule an interview. So keep a close eye on your inbox (including spam)
  • Candidates can apply just once
  • We encourage you to apply only when and if you are well organised and prepared

For any questions related to admissions, feel free to call on +91 9582 480 363. You can apply by emailing your CV at admissions@schoolofib.com

FACULTY

ESHAN SHARMA

Eshan joined SIB after working with Nomura. At Nomura, Eshan covered the Industrials sector across Europe and Asia Pacific, focusing on construction, infrastructure and transportation companies. He worked on various key mandates including: US$ 90.0 billion all-share merger of equals of Glencore International and Xstrata, Post-turnaround US$ 8.5 billion IPO of Japan Airlines, Anglo American's acquisition of 40.0% interest in De Beers for US$ 5.1 billion, among others. Additionally, he was involved in the recruitment and training of new IBD analysts and interns at Nomura. Eshan also possesses wide experience in fundraising and development activities in the Mumbai real estate market.

Eshan completed his Executive Post Graduate Program in Business Management from XLRI, Jamshedpur – Xavier School of Management. He also holds a Master's degree specializing in Banking and Finance from the University of Mumbai.

MOHIT JAIN

Mohit joined SIB after working with ICICI and UBS. At ICICI, Mohit worked as a credit manager in the personal loans department where he was responsible for implementing credit policies through the processing unit and devoted almost 250 hours in training various teams about policies relating to personal loans. At UBS, Mohit was an integral part of the Infrastructure M&A team and continuously provided support on US$8bn Deutsche Bahn IPO deal pre and post mandate. In addition to this, Mohit played a key role in training IBD analysts and provided them with investment banking skills and industry knowledge. He was also visiting faculty to the learning & development team at UBS where he took CFA International level 1 lectures. Mohit carries with him a rich teaching experience of 7 years.

Mohit is a Chartered Accountant and an alumni of SIB from its inaugural batch . He graduated with a first class honors degree in Commerce from Hansraj College, Delhi University.

KUNAL LAKHARA

Kunal has trained and mentored a generation of SIB alumni. Kunal joined SIB after working with AFL and Citigroup. At AFL, he assisted the CFO in raising funding via a private placement. He played a vital role in conducting due diligence and finalizing the investor. Prior to AFL, Kunal worked at Citigroup where he was a part of the Insurance &Asset Management M&A team in New York and worked on a number of transactions including:

  • Arranging a $1.2bn credit facility for Chubb Corporation
  • Advising ZFS on its $4bn proposed acquisition of part of AIG's business
  • Advising AAMAC on its $1.0 billion proposed acquisition of Halcyon Asset Management LLC
  • Arranging a $1bn credit facility for Liberty Mutual

In addition to this, Kunal played a key role in training IBD analysts and provided them with investment banking skills and industry knowledge. Kunal is a Chartered Accountant from Institute of Chartered Accountants of India. He graduated with a first class in Commerce from Tolani College, Mumbai University.

FAQ's

WHAT JOB PROFILE IS OFFERED TO SIB CANDIDATES?

Candidates are typically placed as entry level analysts in Investment Banking, Private Equity or Equity Research. These are highly analytical jobs and day to day tasks revolve around basic research, fundamental analysis, company valuation, financial modeling and number crunching, report writing, preparation of pitch books etc. A career in these job profiles is both intellectually stimulating and financially rewarding.

When should I apply for SIB’s Hybrid Program?

The first step is to go through SIB’s Wall Street Mid Cap Bundle. Give yourself at least 6 to 8 weeks before you formally apply for the Hybrid Program. Why 6 to 8 weeks? Well, this is a fast paced course for working professionals only. In your interview with us, we will test what you have learnt through our Wall Street Mid Cap Bundle therefore it is imperative that you go through our course content diligently and prepare well before you come in for interview.

How will SIB interview me?

In order to be considered for this Program, candidates must visit SIB in Mumbai for an in person interview. Skype interviews can work in rare cases through that is not our preference.

What happens when the in-class training is over?

Upon completion of the in-class training, candidates will be expected to join their respective jobs. 2 things will happen:

  • SIB will be giving you at least 2 to 3 assessments which you will need to submit within a pre-agreed deadline
  • We will then assess your results and assuming you have scored 60%, we will begin marketing your CV to recruiters

How long will placements take?

  • Completing assessments post training can take between 4 to 6 weeks
  • Post this, SIB will start marketing CVs to recruiters for candidates who have scored 60%

Overall, we expect placements can take up to 2-5 months post completion of the in-class training. If you are looking for instant gratification then you should think about the 7 week full time program in Mumbai where placements happen immediately.

what if I invest in SIB’s wall street mid cap bundle and do not get selected by SIB during interview?

If you are already thinking about that scenario then perhaps you are in the wrong place and trying to break into the wrong industry. A career in core finance requires that you are bullish (without being arrogant) about your own capabilities. If you have worked hard and gone through our Mid Cap Bundle diligently then you should sail through.

WHAT IS THE AVERAGE SALARY OFFERED TO SIB CANDIDATES?

Salary offered depends on candidate background and experience. It’s a function of what you are offering to a recruiter. The package you get has nothing to do with SIB and we do not believe in the concept of average salary.

We prefer straight talk. SIB’s Hybrid Course is a chance for you to steer your career towards core finance and be on a high growth trajectory. Plain and simple.