EQUITY RESEARCH & FINANCIAL

MODELING

“ Price is what you pay. Value is what you get”

“If a Business does well, the stock eventually follows.”
“It's far better to buy a wonderful company at a fair price than a fair
company at a wonderful price.”
- Warren Buffet

forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559

Equity Research & Financial Modeling
ForeVision Corporate Profile

About ForeVision
❑ Skills Enhancement Training & Consulting Organization
❑ Enhancing Performance by Developing Competencies
❑ Hands-on, Practical & Activity Based Learning with Industry Exposure
❑ Trainer Pool of Working Professionals from Leading Organizations & Top Institutes
❑ Customized Trainings with Online Support
❑ ForeVision Training Centers in Mumbai, Delhi & Bengaluru
❑ High quality Learning experience with 80% repeat customers

Few of Our Clients

10+ 150+ 30000+ 4.7+ / 5

Years of Training Institutes & Corporate Happy & Satisfied Avg Feedback Rating
Experience Clients Learners
forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559
Equity Research & Financial Modeling
Case study based approach and hands-on experience

Course Module & Features Overview

❑ Intro to Equity Research & Financial Modeling
❑ Economic Analysis & Sectoral Dynamics
❑ Financial Statement Analysis
❑ Modeling Drivers - Approaches & Methods
❑ Building Projections - Revenue & Cost Models,
Capex, Loan & Working Capital Forecasting
❑ Forecasting P&L / CashFlow / Balance Sheet
❑ Valuation Techniques - DCF, EV/EBITDA, PE Ratio
❑ Sector Specific Valuations / SOTP Valuation
❑ Management Dashboards – Sensitivity / Gravity
/ Football Field Analysis
❑ Extensive hands on learning
❑ Industry case studies from Power, Telecom,
Auto, E-Commerce industry
❑ Access to Online Course
❑ Financial Modeling is used in various business
activities by Investment Banks, Equity
Research firms, Credit Rating Agencies,
Private Equity/ Venture Capitalist, Banks,
Consultancy Firms, Corporate Finance Teams.
❑ Essence of Financial Modeling is in
translating Business Strategy & Operations in
realistic numbers considering the impact of
Economic, Sectoral & Competitive scenarios
❑ Financial Modeling requires expertise in
Accounting, Economics, Sector Knowledge,
Analytics, Excel, Business Strategy
❑ Equity Research firms provide detailed
research & insights into an economy, sector,
company which forms basis of investment
decisions

Why Financial Modeling & Corporate Valuation techniques?

❑ Helpful whenever any organization is considering any major financial decision – Raising Capital,
Project Finance, Bidding for a project, Evaluating Acquisition Target, Cash Flow planning, Capital
structuring, etc. – varied job profiles
❑ 90% of the fresher's accepted that they went blank when asked to make a financial model in
their first job
❑ Financial Modeling & Corporate Valuation training is one of the most sought after training
modules in the Banking and Financial industry

forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559

Equity Research & Financial Modeling
Training workshop full of practical case studies, exercises & live
demos for maximum benefit
Module 1 –
Introduction to Financial Modeling
❑ Importance of Financial Models – Type / Uses
❑ Steps in Developing Financial Models
❑ Structuring & Designing a Financial Model
❑ Important formulae and function used in
financial modeling
Module 3 –
Financial Statement Analysis
❑ Commonsize Statement
❑ Trend Analysis
❑ Ratio Analysis
❑ Unit Analysis
❑ Industry Comparables
❑ Connecting the dots – Sector / Company /
Competitors / Financials
Module 5 –
Valuation Techniques
❑ Concept of ‘Enterprise Value’
❑ Intro to Various Valuation Techniques - Asset /
Income / Multiples Approach
❑ Company Life Cycle & Valuation techniques
❑ Discounted Cash Flow Method - Introduction
to DCF Valuation / Assumptions for DCF / Free
Cash Flow for the Firm (FCFF) / Free Cash Flow
to Equity (FCFE) / Perpetual Growth / Cost of
Capital / Terminal Value
❑ Multiples Approach – Trading & Transaction
❑ EV Multiples – EV/Sales, EV/EBITDA,
EV/Capacity
❑ P Multiples – P/Sales, P/E, P/B, PEG Ratio
❑ Sector Specific Multiples
❑ SOTP Analysis
❑ Adjustments to Valuations
forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559
Module 2 –
Introduction to Equity Research
❑ Introduction to Equity Research
❑ Economic Analysis
❑ Economic Activity Tracker
❑ Sector Knowledge - Gauging the Sector Drivers
❑ Developing Company Knowledge
❑ Introduction to Equity Research Report
❑ Types of Research Report
Module 4 –
Financial Projections
❑ Industry Approaches for building Modeling
Drivers
❑ Financial Forecasting Methods - Quantitative &
Qualitative
❑ Building Revenue & Cost Model
❑ Capex Forecasting, Debt Schedule
❑ Working Capital Projections
❑ Forecasting P&L / CashFlow / Balance Sheet
❑ ForeVision Accounting Framework
Module 6 –
Modeling Dashboard
❑ Building a Modeling Dashboard - Basic inputs /
Important ratios to consider / Key outputs
❑ Management Summary
❑ Sensitivity Analysis & Management Scenarios
❑ Gravity / Impact Analysis
❑ Football Field Analysis
Equity Research & Financial Modeling
Case study based approach and hands-on experience

Who Should Attend Skill Sets Learned

Working
01 FINANCIAL STATEMENT ANALYSIS
Finance
Professionals Enthusiasts
BUILDING FINANCIAL PROJECTONS 02

CFA / FRM
03 CORPORATE VALUATIONS
MBA
Aspirants
SECTORAL ANALYSIS 04
CA / CPA

05
Aspirants
EQUITY RESEARCH

Relevant Industry Roles:

INVESTMENT BANKING CREDIT RATING

EQUITY RESEARCH
CORPORATE
FINANCE
FINANCIAL
CONSULTING
PRIVATE EQUITY /
VENTURE CAPITAL
CORPORATE BANKING

forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559

Equity Research & Financial Modeling
Advantage & Testimonials

Customized Courses created

by Subject Matter Experts
High Impact Hands
on learning
24 x 7 Online experience
Support

Real time practical

examples / case-
studies
Access to Digital
Resources
ADVANTAGE Trainer pool of
certified industry
experts
Smart Sheets for
Quick Learning
Blended & Flexible
Learning – Offline +
Industry Recognized Online
Certification Courses

Finance Workshop Testimonials:

• “Sir was extremely good in his approach to make students learn about some of the challenges
that investment bankers face while valuing equity. He was very patient and friendly and made
the classroom very comfortable with his positive outlook.” – Animesh Kumar, IIM Indore
• “Understood a lot of concepts of financial modeling & could see immediate application in my
summer internship“ – Abhinav Kapoor, JBIMS
• “I learnt a lot from Abhishek sir.. thank you for taking out the time and patiently teaching us!
great workshop, thank you so much for your guidance and online access to the related content on
the website. Looking forward to such workshops in the future!” – Aditi Kamath, NMIMS
• “It was a great session. Many doubts were cleared.” – Harsh Somani, NMIMS
• “The faculty was very good. He was able to talk about all sectors & made the session very
interactive, plus we made the model from scratch” – Rahul Suri, WeSchool
• “A new learning about the financial aspects which will help us in our corporate career building.” –
Sourabh Vyas, SIMSR
• “It was great to learn through such a wonderful opportunity. It was really good workshop for
freshers who want to get a handson experience before their internship. .” - Hetal Furia, IBS
• "It was a great learning experience. Helped us in gaining great knowledge for the same. Also
solved personal queries regarding Equity research and Summer Internships. “ - Agrim Mehta, IES
forevision.thinkific.com | abhisek.salecha@forevision.co.in | +91-9833886559