• 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

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
 
FEE VENUE
London 26 Feb’18 Mon-Sat 10:00 am-6:00 pm Working Professionals course GBP 3,000 Zone 1
CITY NEXT DATE DURATION TIMING COURSE TITLE FEE VENUE
London 26 Feb’18 Mon-Sat 10:00 am-6:00 pm Working Professionals course GBP 3,000 Zone 1

"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 (GBP 770)

  • 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 London.

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 London
  • At this stage, the remainder of the course fee i.e GBP 2230 (GBP 3,000 – GBP 770) 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.

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
  • Other working professionals

MINIMUM REQUIREMENTS

  • Superior and consistent academic performance
  • 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 07506 951154. You can apply by emailing your Cover Letter & CV to admissions@schoolofib.com

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

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 London 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.

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.