Analyze every item of an annual report (line by line analysis of all footnotes, standalone & consolidated financial statements, Critical sections of annual reports like AOC forms, MGT sections, Auditor’s report, accounting policy section, Corporate Governance Report, MD&A).

Understand all the Indian Accounting standards (both old AS and NEW IND AS) and a relevant portion of Companies Act,2013 applicable to Indian Listed Companies.

Detect accounting frauds and corporate governance issues.

Calculate all critical Financial & operating Ratios and adjust financial ratios as per accounting adjustments.

Interpret financial numbers to derive decisions about the business model of a company.

Prepare a complete Financial Analysis checklist & excel templates used in Equity research & Investment Banking.

Candidates are made to practise financial analysis techniques over 100+ Indian listed companies.

Analyse Revenue drivers, Cost Drivers & Return matrix of industry & a company.

Analyse Business Model & Value chain of a company.

Evaluate Risk of a business model.

Evaluate competitive advantage of a company and Competitive structure of an Industry.

Conduct in-depth primary/on-ground research of a company through meeting suppliers, buyers, competitors etc.

Analyse management strategies & Fund Flow of a company.

Extract all the relevant industry level and company level data from DRHP, Credit Rating reports, Industry associations, Trade Journals, Annual Reports, Investor Presentations, Con-call Transcripts etc.

Prepare an in-depth initiating research coverage report.

Forecast financial statements of a company.

Generate Investment Ideas.

Prepare a full-fledged financial model for any type of company – small Cap, mid-cap & Large Cap.

Build a financial model from scratch by interconnecting P&L, Balance Sheet, Cash Flow statement, Footnotes through complex formulas, Schedules and Assumption sheets based on the logical thought processes.

Conduct DCF Valuation, Relative Valuation, Beta calculations, waterfall charts, single & double sensitivity analysis, scenarios analysis.

Build an M&A valuation Model, Intangible Assets valuation, ESOP valuations.

Judge Market/Index Valuations & Sector Valuations.

Unique Valuations methods like Replacement Cost, SOTP, Conglomerate discounts, Holding Company Valuations, Commodity Business Valuations, cross-holding valuations.

Comprehend real case studies published by legends of valuations like Aswath Damodaran & Michael Mauboussin.

Analyse critical operating metrics used to analyse a start-up.

Prepare valuation model of a start-up, e-commerce and SaaS (Software) Company.

Prepare Investment Memorandum, Business Plan, Financial Plan of a start-up.

Prepare & analyse Pitch Deck

Analyse Term Sheets

Case studies to understand the impact of TAM, Churn Rate, Burn Rate, CAC, high Re-investment rates, GMVs, Net

Promoter Score on valuations of a start-up

To analyse business models & Value chains.

To understand technical jargons.

To Decode complex financial statements.

To analyse Revenue Drivers, Cost Drivers & Operating metrics.

To extract relevant data from primary & secondary sources.

To apply relevant valuation technique.

To forecast financial statements & prepare Financial Models.

Candidates are made to research one company from each sector for hands-on experience.