Summer – 12 Week Program

Investment Banking in Practice: Financial Modeling & Valuation, Mergers & Acquisitions, and Leveraged Buyouts

12 Weeks
M-Thur 9am-11am

The Ideal Candidate

You are a driven, high-achieving student looking for the ideal summer investment banking or private equity analyst experience. It’s the ideal way to boost resume credentials for potential recruiters.

You may have previously looked at training for a career in investment banking, but lacked the required technical skills or experience. Now’s the time to look again.

The Overview

The summer analyst training program at New York School of Finance gives you training and experience in financial modeling, valuation, mergers and acquisitions and leveraged buyouts. You will learn technical modeling from an analyst perspective, and how to interpret and use the model as an investment bank associate would.

Our unique instruction method ensures that you have not only the theory, but also the hands-on practice you need to make sound financial decisions in real time.

As a New York School of Finance student not only do you learn from trainers with experience at the world’s largest and most profitable investment banks, you also take part in a coveted internship program at a boutique investment bank, private equity firm, venture capital fund or hedge fund.

The Outcome

This summer program is a prime opportunity to hone your skills with work on real-world business transactions, and to make connections that could support your future career growth.

In addition to the technical and interpretive skills that investment bankers use on the job, we emphasize being ready for employment with excellent resumes and interview preparation.

You will learn interview skills vital to securing a position in a competitive job market, thanks to our emphasis on mock interviews. Our career support services also include resume critique, so you can feel confident as you meet recruiters from the hub of the financial world.

The Program Curriculum

WEEKS 1-3

In these critical first weeks of the program, you will learn core model building. Accounting concepts are refreshed while we learn techniques behind projecting an income statement, cash flow statement, balance sheet, and supporting schedules. Taking Wal-Mart as a case-study, interpreting financial reports  and assessing future performance will be the key focus of this part of the program. Attendees are tested on topics learned to assess progress, which also serves as great interview preparation.

WEEKS 4-6

The next three weeks focus on the concepts and practical use of valuation. The full financial model built in the first three weeks is now assessed for value. Building an accurate set of comparable companies, understanding precedent transactions, and conducting a discounted cash flow analyses are learned. Furthering model interpretation, we begin to discuss and model equity raises, debt raises, asset acquisitions and divestitures. These are fundamental concepts that seed transactional M&A learned in the next weeks. We introduce the concept of M&A by discussing and modeling an accretion / dilution analysis – the core analysis to assess financial impact of a target company into an acquirer in a merger or acquisition.

WEEKS 7–9

These weeks focus on full-scale mergers and acquisitions. Core valuation, acquisition and divestiture concepts are applied to a full-scale merger model. Taking a real world case study, we assess the combined financial performance of two companies – Office Depot and Office Max – building a complete merged model including all three financial statements and supporting schedules. A final exam tests skills learned and also proves as interview preparation.

WEEKS 10-12

The final three weeks of the program focuses on the topic of leveraged buyouts. We introduce the concepts honing in on subjective and further high-level analyses. We then apply core concepts into a full-model case study – the acquisition of the Heinz company by 3G and Berkshire Hathaway. We conclude these four weeks with a series of model case studies that prove a test of entire program knowledge and strong technical interview preparation.

To speak to a knowledgeable NYSF Rep right away, give us a call at 1-800-204-7090