Financial Modeling Excel Workshop

8/8/2019 Financial Modeling Excel Workshop

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Marketing Partner


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PROGRAM OBJECTIVE

MS Excel is today unarguably the most commonly used spreadsheet utility globally to do finance. In spite

this, according to various surveys on Excel usage, a rather miniscule percentage of Excel Users use it to its

potential. The focus of the course is to help the participants learn the tools and capabilities of this spreadsh

application to perform from the simplest to the most complicated and elaborate financial analysis.

Modelling for Corporate Finance Transaction

Case Outline and the process participants will go through in solving the case and structuring an LBO/Mtransaction

Acquirer input

historical

numbers and

projected

numbers/

assumptions.

Acquirer

output:

Income

statement,

balance sheet

and cash flow

Acquirer

DCF valuation

output

How the

LBO/MBO

would be

funded. How

much debt

needs to be

Structuring the

Deal

Evaluating

Different

Options

Motivations &

Economics of

deal for

Debt/Hybrid/E

quity Investors

Sources of

Funds:

Financial

Sponsors


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The good thing about an over-engineered software like Excel is that it very well equiped to perform the m

sophisticated and detailed financial analysis. The downside to this is that financial analysis workbooks

becoming increasingly bulky and unstructured. Many a times, they develop into unweildy, clumsy and diffio manage models, with the user having no clue as to whats going in the spreadsheet and if the results

accurate in the first place. Therefore, structuring good financial models is as much an art as a science.

The important aspects this workshop focuses on is to apply the tools effectively while constructing financ

models, caring for scalability, making them flexibile, structuring in such a way that auditing the model result

not cumbersome. These essential attributes make financial models accurate, flexible and user-friendly.

workshop would use a learning by doing approach, because thats how the science and art of finan

modeling is learnt.

Results:

We expect that the participants attending the course will be able to learn significant financial model

capabilities using Excel that would be pertinent for corporate finance, financial analysis, risk manageme

ransaction structuring like modeling for M&A, etc. The level of the course is Intermediate to advanced.

KEY BENEFITS

- Master the use of Excels financial modelling toolsand capabilities

- How to design a model to suit your purpose- Understand the different types of financial models

and when each should be applied

- Construct financial models making use of a broadrange of Excel methods and techniques

- Accurate forecasting corporate cash flows for projectfinance deals and structures

- Incorporate elements such as risk, sensitivity,optimisation and forecasting into financial models

- Produce meaningful management reports and chartfor communication

- How to identify and control key sensitivities throughadvanced spreadsheet simulation

- How to design a model to maximise flexibility andreliability

- Practical tips for checking and debugging the mode


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Creating the first financial statement model in Excel to

begin with (with an exercise and hands on practical

session; focus on how to build a model right from the

scratch, linkages with excel spread sheets, assumptions,

use of past financial statements for the projections andbuilding forecasted financial statements)

mportant issues for preparation and building of a financial

model

Excel Functions and commands to supercharge worksheets

(most of the participants may be aware about the

functions, yet just a quick revision and how these functions

are used in financial modelling)

Different ways of summing and counting: SUMIF;SUMIFS; SUMPRODUCT; DSUM; DCOUNT;

DCOUNTA; COUNTBLANK; COUNTIF; DMAX;

DAVERAGE

IF (This Is True, Do This, Else Do This) Lookup & reference: CHOOSE; OFFSET; INDEX;

MATCH; HLOOKUP; VLOOKUP

Data Analysis Toolpak Important Excel Functions and commands for

modeling

Conditional Formating Online collaboration Auditing Protecting the workbook Sharing the workbook Data Validation Handling external data Sorting Filters Subtotals Pivot Tables

Statistical Data Analysis: trend analysis, regressionmoving average

Optimisation using Goal Seek Scenario Manager Data Table: Row and Column input cell Solver

PROGRAM FACULTY

Our faculty is an experienced Investment Banker and a guest faculty in finance in IIMs, who specializes in Fix

ncome, Foreign Exchange and Credit Derivative products. He has conducted training programs for banks and

corporates in India, Singapore, Hong Kong, Middle East, and South Africa on topics such as Credit Derivative

Fx Derivatives, FI Derivatives, ALM, M&A, Financial Modeling for LBOs, Debt Capital Markets, Basel II and RManagement.

WHO SHOULD ATTENTD

Corporate Finance Professionals Quantitative analysts Investment Bankers Risk professionals Treasury managers Controllers

Data analysts and economists

DAY ONE


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DAY ONE (Cont.)

Scenario Building

Switches Forms Scenario building optimistic, base case and pessimistic assumptions

AY TWO

Topics in Finance

Principles of financial modellingAccuracy, Flexibility& User-friendliness

Defining Model objective Outlining model plan Spread sheet maps Flowchart and information flow Layout and architecture of financial model Setting up modules Identifying inputs and variables Defining deliverables and functionality Cataloguing outputs Stress testing Models Model Documentation Financial Statement modelling Projection of Revenues, COGS, SG&A and other Income

Statement and Balance Sheet items

Select model drivers and assumptions How to create an interlinked model for Income

Statement and Balance Sheet

How circularity improves accuracy but also destabilizesthe model

Building a fully integrated Cash Flow Statement Modelling need for financing in future time Analysing the output and cross-checking with surplus

funds and necessary to finance

Models for Debt repayment with prepayment option Modelling Amortizing & Accreting Loans Modelling Pay In Kind (PIK) securities Model for computing Beta Modelling un-levering and re-levering of betas Modelling term structure of Beta Model for WaCC with various debt-equity choices

Modelling term structure of WaCC DCF valuation Relative valuation (PE, EBITDA multiple) Combining DCF and relative valuation models Modelling for Leveraged Buy Out & Management B

Out

Sources of funds for acquisition Modelling uses of funds Modelling ESOPs and Earn-Outs Partial and full dilution due to ESOPs IRR calculation for financial sponsor on fully dilute

basis

Purchase Accounting Model Model for Stock-for-Stock Deal Model for Cash-for-Stock Deal Modelling when M&A financed by issue of debt Model illustrating Accounting for a partial Acquisit Accretion Dilution Model Deal Structure: Cash, Fixed-Value Stock Offer, Fixe

Shares Stock Offer


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15th & 16th December, 2010 - Mumbai

Rs 13,000/8th & 9th December, 2010 - New DelhiFinancial Modeling With Excel

Booking terms and conditions

The registration fee for the event covers the

following : Attendance, copy of documenta-tion, lunches and light refreshments. Accom-modation is not included. Detailed delegateinformation will be sent to you approximatelytwo weeks before the event. Payment isrequired in advance of the event, or at thelatest, paid at the event. Payment may bemade by par cheque or demand draft iffavour of OPTIRISK LEARNING SYSTEM

(P) Ltd. payable at Chennai.

exclusive jurisdiction of whose court theparties hereby agree to submit.

Confirm your CANCELLATION in writing upto 15 working days before the event andreceive a refund less a 10% service charge.Regrettably, no refunds can be made forcancellations received less than 15 workingdays prior to the event. However, SUBSTITU-TIONS are welcome at any time.

The organizers reserve the right to amend the

programme if necessary.INDEMNITY : Should for any reason outsidethe control of OptiRisk Learning Systems (P)ltd (hereafter called OptiRisk), the venue orthe speakers change, or the event be can-celled due to industrial action, adverse

weather conditions, or an act of terrorism,OptiRisk will endeavour to reschedule, butthe client hereby indemnifies and holdsOptiRisk harmless from and against any andall costs, damages and expenses, includingattorneys fees, which are incurred by theclient. The construction validity and perform-ance of this Agreement shall be governed byall aspect by the laws of India to the

Registration form

Yes, please register me for : Fees

[email protected]

2.Telephone+91 9094532918+91 44-45018472

3.Fill this and postOptiRisk Learning Systems (P) LL468, Ground Floor, 21st CrossStreet, Thiruvalluvar Nagar,

Thiruvanmiyur,Chennai - 600041

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Financial Modeling Excel Workshop

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Transcript of Financial Modeling Excel Workshop