Equity Research
Financial Modeling
Session Plan
Session 1 – Valuation Basics Unlocked
- Learn core valuation principles and essential finance terminologies in a simple, structured way.
- Understand the role of financial models through a complete walkthrough of the 3-statement framework.
- Explore why valuation is critical for real-world finance careers and how it shapes investment decisions.
- Get introduced to high-impact interview questions — and learn how to answer them confidently.
- Build a strong, level-playing foundation — perfect even for beginners new to finance or financial modeling.
Session 2 – Model Revenue Growth like an Analyst
- Learn how to identify key revenue drivers across different industries.
- Understand real-world analogies to decode business revenue streams.
- Discover why strong revenue forecasting is crucial for valuation accuracy.
- Work on a live case to build a real revenue model from scratch.
Session 3 – Build Capex and Debt Schedules
- Learn how to forecast non-current assets using Capex and Depreciation linkages.
- Build Capex schedules that tightly connect the Balance Sheet and Income Statement.
- Understand the mechanics behind debt forecasting and finance cost estimation.
- Create debt schedules to map loan liabilities and interest expenses accurately.
- Strengthen your 3-statement model with solid Capex and Debt foundations.
Session 4 – Working Capital Deep Dive
- Understand how every line item impacts the Cash Flow statement and how the three financial statements are connected.
- Learn how to forecast working capital using the Days Sales Outstanding (DSO) metric.
- Gain insight into why DSO is key for forecasting working capital.
- Build a forecasted Cash Flow statement from the Balance Sheet and Income Statement, showcasing the linkage.
- Understand why the balancing check of a forecasted Balance Sheet should result in zero, and the rationale behind it.
Session 5 – Decoding WACC, Beta, T.G & DCF Valuation
- Master WACC and its role in valuation.
- Understand Beta and its impact on risk assessment.
- Learn how to use Terminal Growth rates in valuation.
- Dive into FCFF approach for firm valuation.
- Gain clarity on NOPAT and its importance in financial analysis.
Session 6 – Mastering Relative Valuation
- Understand the origin and concept of relative valuation.
- Learn the ideology behind relative valuation and why it’s important.
- Explore different types of relative valuation methodologies in detail.
- Gain in-depth knowledge of multiples like EV/EBITDA, P/E, EV/EBIT, and EV/FCFF etc.
- Understand why certain multiples are used and how to apply them effectively.
Live Project – Equity Research & Financial Modeling
After completing the 6 training sessions, you will be assigned an industry-relevant live project, where you’ll apply everything, you’ve learned
This project is designed to be self-paced, allowing you to complete it at your own pace while adhering to the discussed deadline
If you encounter any questions or challenges during the project, you can reach out to your cohort mentor for guidance and support
Upon completing and submitting the project, you will receive a Certificate of Completion for the Live Project in Equity Research and Financial Modeling, showcasing your practical skills and knowledge
Frequently Asked Questions
Is it possible that I will become an expert or investment banker after these 6 sessions?
Unfortunately, no. Becoming an expert or landing a role as an investment banker takes practice over time, working with multiple firms. However, these 6 sessions are designed to lay the foundation of all the core concepts and methodologies you need. It’s not about becoming an expert overnight, but this program will be your best first step toward that goal
What if I miss the Live session?
Life happens! If you miss a live session due to personal commitments, no worries. We record every live session so you can revisit it whenever it’s convenient for you. You’ll have the opportunity to catch up without missing any important material.
Who will train/teach me?
You’ll be trained by an industry expert with years of experience working in the finance field. Our trainers not only excel in their respective domains but are also passionate about teaching. They bring real-world insights, industry-relevant knowledge, and interview preparation tips to the table, ensuring you’re equipped to succeed.
I am a beginner with no knowledge of finance, are these programs relevant to me?
Absolutely! This program is specifically designed to take you from a beginner to an advanced level. We understand that everyone starts somewhere, and we’ve structured the content so that even if you’re new to finance, you’ll be able to grasp the concepts easily. The first step is always the hardest, but it’s the right time to start.
I already have knowledge of finance and certifications – is this relevant/applicable to me?
Great! While we start with the basics, as we progress through the sessions, the content gets more advanced and complex. So, even if you have prior knowledge or certifications, you’ll still find value in this program. It will be a rich learning experience, with in-depth concepts and techniques you can apply in real-world finance..
Is there any eligibility criteria to register for this program?
There’s no strict eligibility! This program is open to anyone from any stream or background, whether you’re a student or a professional. The only requirement is a genuine interest in pursuing a career in finance. If you’re passionate about finance, this program will be relevant to you.
What are the provisions for clarifying doubts? What are all the options available?
You’re never alone during this journey!
- You can ask questions in live sessions and make them interactive.
Your cohort mentor is available for one-on-one support after sessions. - You can reach out anytime for assistance, from the start of the program until you submit your project.
- If you ever get stuck, just ping your mentor or ask during the session, and we’ll make sure your doubts are cleared!
I still have queries, who can I reach out to?
We’re here to help! Feel free to reach out via email or WhatsApp at [contact info]. We’re happy to answer any questions you might have and ensure that you’re fully prepared for your learning journey.