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www.imarticus.org
EY FINANCIAL ANALYSISPRODEGREE
180-Hour Program to Master In-Demand Skills
Industry-Endorsed Curriculum
Experiential Learning at its Best
Delivered in Classroom and Online modes
INDUSTRY LANDSCAPE
OVERVIEW OF PROGRAM
Accounting
Modeling
Valuation
Technical
Skills
Perso
nal
Develo
pmen
t
Equi
tyR
esea
rch
EY FINANCIAL ANALYSIS PRODEGREE
8%
16%
24% 11%
23%
18
%
WHAT IS FINANCIAL ANALYSIS?
CAREERS IN CORPORATE FINANCE
EMPLOYMENT LANDSCAPE
Financial analysis (also referred to as financial statement analysis or
accounting analysis ) refers to an assessment of the viability, stability
and profitability of a business, sub-business or project.
The Financial Analysis Prodegree, in association with EY as the Knowledge Provider,
is a 180-hour functional, skill-building program for accounting, financial modeling,
valuation and equity research.
FINANCIALANALYSIS
SELL SIDEANALYSIS
ACCOUNTING
BUY SIDEANALYSIS
FINANCIALMODELING
VALUATIONSERVICES
M&A
INVESTMENTBANKING
CREDITRESEARCH
FINANCIALCONTROLLER
EQUITYRESEARCH
FINANCIALOPERATIONS
FINANCIAL ANALYSTS
18,130FINANCIAL MODELERS
13,326CREDIT RESEARCH ANALYSTS
7,332
JOB OPENINGS ON MONSTER INDIA (APRIL, 2016)
à JP Morgan
à Copal Partners
à Barclays
à Goldman Sachs
à Deutsche Bank
à Mape Group
à Crisil
à BNP Paribas
à Avendus
à Aranca
à UBS-Cognizant
à De Shaw
à Axience
à Tres Vista
à Amba Research
à o3 Capital
à Standard Chartered
à Probe Equity Research
à Royal Bank of Scotland
à Integreon
180-HOURCASE STUDY-DRIVEN
PROGRAM
LEVEL 1 66 HOURS
LEVEL 2 65 HOURS
Financial analysis landscape | Basics of corporate finance | Introduction to M&A
| Introduction to private equity | Introduction to equity research | Current indian
Scenario: investment banking, equity research, credit research
FINANCIAL ANALYSIS LANDSCAPE(7 HOURS)
The accounting process | Who uses accounts? | Accounting & book-keeping |
Financial terminologies | Accounting concepts | Basic accounting equation |
Accounting | Principles and conventions | Hindalco: walk - through of financial
statements
PRINCIPLES OFACCOUNTING (7 Hours)
Du-pont analysis | Definitions of ratios | Liquidity ratios | Asset management
ratios | Debt management ratios | Profitability ratios | When to use which ratios
Case studies in ratio analysis
RATIO ANALYSIS (10 HOURS)
CURRICULUM
Financial statements - balance sheet, profit and loss and cash flow | Understanding
revenues and expenses | The accounting cycle | Understanding consolidated
Accounts | tangible Assets | Goodwill | Depreciation | Investments | Deferred
taxes
SPECIFIC FINANCIAL ITEMS & FINANCIAL STATEMENT PREPARATION (6 Hours)
Spreadsheet vocabulary review | Explore the user interface | Work with the ribbon
Work with contextual tabs | Customize the excel interface | Creating spreadsheets
Cell formatting | Logical functions | Date and time | Statistical functions |
Frequently used shortcuts
EXCEL BASICS (5 HOURS)
Data validation | Templates | Custom list | Goal seek | Scenarios |
Consolidation | Data cleaning | Data manipulation | Pivot tables | MacrosADVANCED EXCEL (6 HOURS)
Consolidation of financial statements | Case study on consolidation | Simple
consolidation | Preparing consolidated statements
Objectives of forecasting | Understanding business model | Basics of financial
modeling | How to create a basic investment banking financial model
Build an integrated financial model for Colgate Palmolive limited - a publicly listed
company | Convert the single step historical income statement captured in the excel
file into a multi-step income statement | Set up a separate assumption and analysis
sheet and capture necessary ratios
RATIO ANALYSIS ANDCONSOLIDATION (2 HOURS)
FORECASTING AND FINANCIAL MODELING (6 HOURS)
FORECASTING AND FINANCIAL MODELING (8 HOURS)
Semester 1 evaluation on accounts and financial landscape - objective and
subjective test paper
Guest lecture by EY leadership | Open house with faculty for doubt clearing
EVALUATION - 1 (5 HOURS)
GUEST LECTURE AND OPEN HOUSE (4 HOURS)
Porter’s Five Forces | Structural determinants | SWOT analysis | PEST analysis |
The product life cycle and the boston matrix | Identifying key success factors and
Core competencies | Case study: smart phone application | Class exercise: what
strategy has Flipkart adopted?
CORPORATE STRATEGY (7 HOURS)
Introduction to valuation | Different approaches to valuation | Arriving at
cashflows and growth rates for valuationVALUATION BASICS (5 HOURS)
Calculating terminal value | Treatment of specific financial items |
Choosing tax rates
Cost of new and existing debt | Cost of equity – CAPM model | The risk-free rate
in practice | The market risk premium: historical premium approach | Types of risk
and estimating beta | Cost of equity – companies with country risk exposure |
Correlating the cost of capital to valuation | Calculation of WACC | Levered and
unlevered beta
DDM (single-stage, two-stage, three-stage, “H” growth model) | FCFE (single-stage,
two-stage, three stage) | FCFE valuation vs. DDM
FCFF Valuation (single-stage, two-stage, three stage) | APV valuation | Sector
specific multiples | Relative valuation for a listed and unlisted company |
Comparison with intrinsic (cash flow based) valuation
Business communication | Email/chat/telephone etiquette | Listening/questioning
skills | Interpersonal skills
The why, the what and the how of resumes | Personal branding | Tips and
resources | Interview skills | Using social media | CV discussion
VALUATION ADVANCED(6 HOURS)
COST OF CAPITAL(5 HOURS)
EQUITY VALUATION - METHODS(5 HOURS)
FIRM VALUATION MODELS(5 HOURS)
BUSINESS COMMUNICATION(5 HOURS)
RESUME WRITING(3 HOURS)
Quantitative aptitude training | Trains, time and work | Profit and loss | Ages |
Permutation and combination | Chain rule | Alligations | Time and distance |
Simple interest | Partnership, logarithms, probability | Percentages and ratio and
proportion | Verbal aptitude | Logical reasoning
APTITUDE(10 HOURS)
CURRICULUM
Working with shapes | Keeping the audience/reader on track | Working with
pictures | Avoiding “death by bullet” mini-series | Working with tables, charts -
choosing the most appropriate chart & constructing it | Making the chart more
communicative | Animation | Other best practices | Case studies & before vs.
after examples
TECHNICAL SKILLS - POWERPOINT (5 HOURS)
Semester 2 evaluation on valuationEVALUATION - 2(5 HOURS)
Guest lecture by EY leadership - Challenges/caveats in valuation | Open
house with faculty for doubt clearing
GUEST LECTURE AND OPEN HOUSE(4 HOURS)
LEVEL 3 49 HOURS
M&A transaction process | How to make a pitch presentation | LBO and financing
basics | Basics of documentation | Due diligence: what should you look out for?
Planning post-acquisition integration
Overview of equity research business | Job of an equity research analyst | Types
of research reports | Approach to analyze a business | Ecosystem of asset
management | Buy side, sell side jobs - incentives, work profile, requirements |
Business model snapshot | Unravelling Colgate | Techniques of relative valuation
Walk-through a maintenance research report | Tips on effective research writing
One-on-one presentation of individual assignment
Establishing the purpose of collateral with regard to the audience | Identifying the
specific needs of the audience | What is the scope of coverage? | Selecting and
understanding the medium of communication | Brief introduction to various
mediums of brochure, newsletters, email and their uses | Persuasion and
promotion writing | Research | Note taking | Brain storming and the art of
mind mapping | In-class mind mapping exercise
Final project submission in front of your peers while industry experts evaluate your
project work with constructive criticism
Present your financial model in front of your peers
Types of interviews | What to do before an interview | What to do after an
interview | Follow-up etiquette | Body language - dos and don'ts
Experts guide you on how to prepare for technical interview round with tips, tricks
and a quick refresher on concepts learnt
1:1 or panel mock interviews with faculty to clear the HR and technical round of
interviews to give you confidence to face real world scenarios
1:1 or panel mock interviews with industry veterans to clear the HR and technical
round of interviews to give you confidence to face real world scenarios
TRANSACTION EXECUTION(6 HOURS)
INTRODUCTION TO EQUITY RESEARCH(10 HOURS)
ONE-ONE PRESENTATIONS(5 HOURS)
GUEST LECTURE BY EY + BUSINESSWRITING & STORYBOARDING(5 HOURS)
FINAL PROJECT PRESENTATION(5 HOURS)
FINANCIAL MODEL PRESENTATION(5 HOURS)
INTERVIEW PREPARATION - HR(2 HOURS)
INTERVIEW PREPARATION - DOMAIN(3 HOURS)
MOCK INTERVIEWS - HR AND DOMAIN(WITH INTERNAL FACULTY)(4 HOURS)
MOCK INTERVIEWS - DOMAIN(FACING EXTERNAL INDUSTRY EXPERTS)(4 HOURS)
HANDS-ON PROJECTS
PLUS: 20 Hours of Program Delivery by EY Leadership
Marico - Financial StatementPreparation
Infosys -Capitalizing R&D Expenses
Hindalco -CalculationOf Ratios
Titan - WritingAn InitiatingCoverage Report
TCS - Calculationof EV
PVR Cinema -Build FinancialModel
KEY HIGHLIGHTS
COMPREHENSIVE COVERAGEThe 180-hour training program provides comprehensive
coverage on financial accounting and statement analysis,
financial modeling and valuation, equity research, corporate
finance strategy, excel and powerpoint, aptitude, resume
building, and interview prep.
EY AS KNOWLEDGE PROVIDERThe program is co-created with EY as the Knowledge Provider
and comes with a cutting edge industry-aligned curriculum
that is aligned as per EY’s exacting requirements.
MENTORSHIPIndustry experts from leading companies advise and mentor
students in their journey towards job-readiness. We have a
dedicated mentor assigned to each student. Who you can
approach at any time to clear any doubts about the industry
or your career prospects.
24/7 LEARNINGOur state of the art online portal provides 24/7 access to your
study material, learning aids and tests. Stay in touch with
students and faculty for continued learning and support.
EXPERIENTIAL LEARNINGWe believe in ‘Learning by Doing’ and place utmost
importance to practical understanding of the subject matter.
You will spend sufficient time getting hands-on with industry
projects and building a portfolio of demonstrable work.
Live Instructor-led Virtual
Classes with expert faculty for
real-time learning for learning
as per your convenience
ONLINE DELIVERY
127 HOURS
CLASSROOM DELIVERY
127 HOURS
Classroom training by
expert faculty with
industry credentials
at our Imarticus centers
SELF PACED INSTRUCTORVIDEOSActive, self-paced,
data-driven learning
through HD videos
53 HOURS
SELF PACED INSTRUCTOR
VIDEOSActive, self-paced,
data-driven learning
through HD videos
53 HOURS
OR
OPTION 1
OPTION 2
TWO DELIVERY MODES TO CHOOSE FROM
FACULTY
SHANIN THOMAS
Shanin has over 12 years of
expertise in value investing,
financial statement analysis,
Business Valuation, and
Behavioral Finance. He runs a
boutique investment
advisory firm, Analysewise
Investment Advisors. He has
delivered corporate training
programs for leading
investment banks and
corporates. He is also a
qualified CFA (AIMR, USA) and
has completed Bachelors in
Electronics Engineering from
Mumbai University.
SHARING REAL-WORLD
CASE STUDIES
INDUSTRY-APPROVED
CURRICULUM
20 HOURS OF GUEST
LECTURES BY EY
SORABH KATARIA
Sorabh is a Partner in the
Valuation and Business
Modelling Group in EY
Mumbai. His experience
across the private sector and
advisory role has given him
invaluable insights into the
valuation and fund raising
cycle. Prior to joining Ernst &
Young Sydney in 2007,
Sorabh worked for General
Electric for over 10 years.
Sorabh is a Six Sigma quality
black belt and an engineer
and MBA (FMS ) by education.
SLOKA BALASUBRAMANYAN
Sloka is an Associate Vice
President in the Valuations
and Business Modeling team
of EY in India, having over 6
years of experience in
valuations, financial
modeling, project finance,
corporate finance, decision
support, and transaction
analyses. She has worked
across various sectors such
as real estate, infrastructure,
telecom, and technology. She
is a CA and Masters in
Commerce (M.com -
Management) from Mumbai
University.
PLACEMENT ASSISTANCE
ROLE OF EY AS KNOWLEDGE PROVIDER
Imarticus provides 100% assistance throughout the program to guide and help
navigate ample career options and help you get job ready from Day 1.
2 INTERVIEW PREP1 RESUME BUILDING 3
We help you refine and
polish your resume with
tips to help you land your
coveted job
We prepare you to ace HR
and Technical interview
rounds with model interview
Q&A and extensive mock
interviews
We give you unrestricted
access to our private and
public leads and references
on our placement portal for
3 months
EY Leadership is closely involved in the design and delivery of the Prodegree.
ACCESS TO OURPLACEMENT PORTAL
EY FACULTY
www.imarticus.org [email protected]
Bangalore: st No.143, B 1 Floor, 60 feet road, 5th
Block, Koramangala, Bangalore - 560 095
Tel: M: 080-45129914 / 45129924 / +91-9008668548
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Manickam Road, Chennai – 600 029 044- Tel:
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Mumbai: th 5 Floor, B-Wing, Kaledonia, HDIL Building,
Sahar Rd, Andheri East, Mumbai - 400 058
Tel: 022-42422016 / 42422017
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Gurgaon - 122008 0124-4874030 Tel:
CONTACT US FOR A PROFILE REVIEW
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House, Begumpet, Hyderabad - 500016
Tel: +91 40 47123304/06 +91 9100906840M:
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Floor, Avinashi Road, Coimbatore – 641018
Tel: +91 9952168073
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Congress Bhavan, Congress House Road, Shivaji
Nagar, Pune – 411005 022-61419585Tel:
For Online Delivery inquiries : 1800-267-7679