Certification Course Investment Banking Masterclass by CA Saurabh Bansal

Session Plan

Introduction to Investment Banking
Functions of IB (Fund raising, M&A)
Pros and Cons of IB
Reasons for M&A
Case Studies

IPO Video
M&A Landscape
Live Deal Making
Nuances

Understanding Valuation of Companies (Businesses)
Building Financial Modelling
Opportunities for Finance Professionals
Why We Save? Why Equity?
Deal Flow For An M&A Txn
4 Nuances in Valuation
DCF Intro

4 Techniques of Valuation .. (Un)Common Sense
4 Nuances - Case Study : Bajaj Holdings, RIL, Grasim, Kama Holdings, ABinBev
Gurus of Valuation - Aswath Damodaran, Nalanda Capital
Case Study : Lenskart, GE Shipping, SAIL
PE of Fixed Deposit? (18x multiple!)

4 Techniques of Valuation .. Continued
Dabur valuation
Prior Period Ranges / Historical Ranges
FAANG -> MAMAA, HRITIK -> BHARATH
Analysis - HERO Motocorp & EICHER Motors
DCF Intro

Techniques of Valuation .. Continued
DCF : Comprehensively understood
Case Study : Zomato & Swiggy Vs Brick & Mortar Chains
Issues with DCF
DCF Sensitivity : With an example
Getting messy with numbers: Valuing Royal Enfield !

4 Techniques of Valuation .. Last One
Valuing Royal Enfield.. Continued - Two stage model, DCF w/o Terminal Values, Forecasting P&L for "value life" of 20 years
Forecasting Cash flows.., Calculating EV, Equity Value, Intrinsic Value, Analyse Premium / Discount to CMP?, Sensitivity analysis with Growth %, Margins, WACC
Where DCF could go wrong
And how to work around it - Scenario Analysis and Inversion

Industry-specific valuation multiples - Insurance : HDFC Life, SAAS : Freshworks, Cement and Steel : UltraTech, Bank and
NBFCs: HDFC Bank
Integrating Everything Till Now - Triangulation, Football Field Analysis, Summary Statement
Fundamentals of Financial Modelling

MCQs Based Exam Online - Practical Exam based on Course Module

Meet Your Instructor

CA Saurabh Bansal

CA Saurabh Bansal -is a rank-holder CA of the batch of May 2016 and completed his MBA from the prestigious IIM Ahmedabad in 2019. He has worked in the Assurance practice of a Big 4 in the TMT sector, and with a bulge bracket international Bank in their IB division. He is presently serving as a Director at a leading brokerage in Delhi-NCR. He enjoys watching movies and is an avid runner having completed over 15 half marathons.