DCF modelling training with FE

We are delighted to offer you a chance to participate in our strongly sought-after DCF Financial Modelling course in collaboration with Financial Edge on Saturday, 9th February.

Last year our financial modelling sessions were very popular and both undergraduate and Master students were benefited from the sessions. This year we are back with the training again!

The training will be conducted by Jonathan Rugg who began his career in financial training in 2008, specialising in financial reporting, analysis and modelling. Jonathan is qualified chartered management account with extensive experience within banking and accounting practice.
 

Training Overviews:
 

Morning session:

Three statement model with iterations

• Income statement construction and highlighting key numbers
• Calculation schedules (PP&E, retained earnings, operating working capital, and
  debt)
• Balancing the balance sheet with a cash sweep
• Calculating interest using average balances
• Circular references and iterations
• Working with a circular reference switch
• Preparing the model for handover
• Key formatting and putting the output into a pitch book

Afternoon session

Discounted cash flow valuation

• Calculating free cash flows
• Understanding how the operational ratios should develop over the financial
  forecast
• Calculating the steady state and making relevant adjustments to the steady state
  cash flows
• Making reasonable assumptions for long-term growth rates
• Discounting to a deal date
• Converting the enterprise value into an implied share price, making relevant
  adjustments for share options and restricted stock units

The training session will last for 6 hours from 10am to 5pm with one-hour lunch break. We are now offering a really great discount £35 per student compared to buying the training directly on your own.

Keep in mind that last time we were fully booked after just 3 days, so be quick!

File Attachments: CASS BS LDN M&A Society DCF & LBO Modeling Jan 25 2019[1].pdf