2013 Global Investment Banking Valuation Olympiad
in partnership with Greensea Capital

Every year over 5000 candidates participate in the Global Investment Banking Valuation Olympiad which is organized in partnership with Greensea Capital. The leader of the winning team receives a one-month paid internship as well as a cash prize for the winning team.

Greensea Capital LLP is an independent investment bank with sustainable objective and expertise in green global social domain like Clean Energy, Agriculture, and Education Sectors. Our team has hands on experience of US$5+billion in transactions across Americas, Europe, Asia and MENA. The bank has a strong network and execution experience in the following emerging markets: Brazil, China, India, Russia and others.

The teams of candidates participate in a two-stage competition where they get their valuation skills tested to the limit. The stages are as follows:

• 1^st stage: Teams will compete in an Online Business Valuation Test
• 2^nd stage: We will select the best 10 teams to take part in the second stage of the competition- a presentation that will take place in the London office of Greensea Capital

• Winning team will receive £1000 reward.
• The team leader will have 1 month paid internship at Greensea Capital
• All participants will receive a 10% discount for the Global Investment Banking Program (full time or part-time) or the Investment Banking Boot Camp

• 1^st stage: Online Business Valuation Test
  The teams of candidates will complete an online valuation test containing the multiple-choice, true-false and essay questions. The test duration is one hour and the teams will have one attempt only. The participating teams will have only one online account per team therefore all team members have to take the test together on one computer and/or establish channels of communications within remote team members during the test.
• 2^nd stage: We will select the best 10 teams to take part in the second step of the competition- a presentation that will take place in the London office of Greensea Capital.

The winning teams will have to assume they work for a leading UK based mid-market M&A advisory firm and they have just signed an engagement letter with a client to represent them in finding a suitable buyer for their business. They need to identify a UK based company listed on the London Stock Exchange as a potential client and prepare a presentation.

The presentation will last no more than 20 minutes. The Investment memo should not be longer than 3,500 words excluding appendices. You are welcome to put Excel based financial numbers to support your analysis as a part of the appendix. The valuation of the company will be based on their annual report with the help of Excel financial models by the following two methods:

• Value the firm by comparing with its peer group (Comparable comps)
• Value the firm using Discounted Cash Flow Model (DCF) along with both terminal value methods (Perpetuity Growth method and Exit Multiples)

• April 16^th – Registration. All participating teams must submit all necessary registration details by this date.
• April 30^th - Online Business Valuation Test. Prior to the test day the participating teams will receive a link to the online test portal which will be valid at a certain time on the test day for one hour only.
• June 21^st - Presentation at Greensea Capital. One week after the Online Business Valuation Test the 10 winning teams will be contacted and invited for the 2nd stage of the Olympiad. The teams will be presenting their pitch and the winner will be elected after the presentation. The winning team will then be invited for an awarding ceremony.

Only teams of 4 people (precisely) are eligible to register

• The team leader must send the following details:
  • Team leader’s full name, email address, telephone number, postal address, university name
  • Full name, email address, telephone number, postal address, university name for each team member
• All details must be sent by email to info@globalbankingtraining.com
• For ethical purposes all questions must be asked and will be answered in an "open mode" on our Facebook page