All our programs provide FREE Career Development Strategy where we sit down one-to-one with each of you and help identify the most appropriate roles for you in investment banks, private equity and hedge funds around the world. Upon completion of the program, our participants are able to answer any technical questions in their job interviews and ready to perform their job on day one. The training program prepares candidates for the following jobs:

Trainer's Profile

Dr. Vishwajeet Rana; MBA, MS and Ph.D. Managing Director; Greensea Capital LLP

Dr. Rana is a seasoned investment banker with US $5-billion+ investment banking transaction experience. He has executed a number of complex cross-border equity/debt structured investments and financing transactions in the UK, Canada, Australia, South Africa and Hong Kong jurisdictions while working at HSBC New York office. He started his Investment banking career with UBS Investment Banking in New York in Investment portfolio management. He likes public speaking, playing golf, squash and mentoring ambitious minds in his free time.

Here are some selected examples of transactions he has hands on experience:

• Raised Equity and Debt for 40MW Bio Energy (Bagasse) cogeneration plant.
• US$100m equity and debt investment in Mid-west wind farm project in USA.
• US$70m equity Investment in west coast based photovoltaic solar project in USA.
• Issuance of US$1.5bn Bond in Hong Kong for Canadian client, sale of thecoupons to Hong Kong based Investors, private placement of the Principal inGermany.
• CAD$700m investment in leading Australian Bank via two tier partnershipstructure.
• Financial structuring of £1bn note out of premium of dual resident subsidiaryin the UK.
• Financial structuring of limited partnership interest of CAD$1bn with leadingCanadian Bank.
• Sale and repurchase of Trust certificate of USD $300m with South AfricanBank.
• Raised Private Equity for one of the leading FM Radio joint venture in IndianMarket.
• Advised the acquisition of Power Distribution Company.

Global Investment Banking Associate Programme (for details please click here)

Day 1: Investment Banking Career Overview, Financial Statement Preparation and Analysis

• CV review and discussion on investment banking roles for individual roles for delegates
• Understanding the double journal entries concept
• Preparing the Income statement from journal entries
• Preparing Cash flow statement with Operations, Investing and Financing activities
• Preparing Balance sheet
• Integration of all three financial statements Analysis of Financial Statements
• Understanding the basics and objective of financial statements analysis
• Overview of best investment banking practices for financial modelling
• Analysing the financial statements from:
  • Equity investors
  • Creditors
  • Management perspectives
  • Capital Markets

• Application: On a stock exchange public listed company

Day 2: Multiple (Extrinsic) Valuation and Building the Comps Financial Model from Scratch. Trading Comps Valuation

• Corporate valuation foundation
• Normalizing non-recurring items
• Equity Value and Enterprise Value to Latest Twelve Months (LTM) EBITDA
• Comparable companies valuation concepts
• Deciding the comparables
• Analysing and filtering the right peers
• Spreading the numbers
• Benchmarking the valuation

• Transaction Comps Analysis

• Determining the premium
• Intrinsic and extrinsic premium analysis

• Investment Banking and Private Equity Transaction Process

• Which method to choose
• Duration of the transaction
• Table of contents for Definitive Agreements

• Trading Comp Financial Modelling: Step-by-step building of financial model for a public listed company from SCRATCH

Day 3 & 4: DCF (Intrinsic) Valuation and Step-by-Step Building the DCF Financial Model from Scratch. Accretion-Dilution Analysis and step by step Transaction Merger Modeling from Scratch

• Setting up the model for historic and 5 years projections
• Preparation of Income and Cash Flow Statements and Balance Sheet
• Industry accepted assumptions and their logic for Sales Growth, COGS, EBITDA, Working Capital and Capital Expenditure
• How to handle circularity and referencing in financial modelling
• Advanced Sensitivity Analysis and graphical representation of the relevant information
• Depreciation of physical assets
• Amortization of intangible assets
• Forecasting Net Working Capital and its importance in valuation
• Preparation of Debt, Interest and Cash Sweep Function
• Shareholder’s Equity Schedules
• Modelling of historical ratios and trends
• Sensitivity analysis of WACC, Enterprise Value and Sales
• Industry practices on handling exceptions
• Integration of Cash Flow, Income Statement and Balance Sheet
• Discounted cash flow valuation
• Comparing your per share price valuation with real-time market price to recommend Buy/Hold/Sell the share

• Accretion-Dilution Analysis and Step-by-Step Merger Modeling from Scratch

• Calculation of Equity Value and Purchase Price
• Analysis of Consideration used in purchase (stock, cash, assumed debt or mixed)
• Credit rating analysis
• Synergies and Pre-Tax Synergies required to Breakeven
• Proforma EPS Analysis
• Goodwill adjustment

• Application: Building a Potential Mergers & Acquisition transaction ready model from scratch

Day 5: Financial Modeling-2 (Preparation of schedules)

• Corporate Finance and Its Applications

• Time Value of Money
• Capital investment techniques
• Pay Back Period
• Net Present Value
• Internal Rate of Return
• Cash Return

• Application: Calculation of Projects on Paper and in Excel

• Leveraged buyout investment return analysis (cash returns & IRR)
• Modeling of all stakeholders (Financial Sponsor, Lenders and Seller) in LBO
• Pre- and post- transaction capital structure options
• Proforma Income Statement, Cash Flow and Balance Sheet
• Debt and Financing Fee Schedule
• Return analysis of the transaction for various stakeholders
• Stress testing of the financial model and linking of the schedules created by you
• Checking errors and making transaction-ready model

• Application: Building a Private Equity Buyout (leveraged) and step by step building of comprehensive LBO financial model from Scratch

Class Policy: Global Banking Training limits the class size to 15 students ONLY to facilitate in-depth discussion with the Senior Investment Banker. Our class policy allows you the flexibility to make up any missed session or retake any specific session FREE of charge. Please bring your laptop with Microsoft Excel installed to the class.

Discounts are available for: Bookings of more than one candidate, early enrolment, students and individuals in transit employment.