FinShiksha

FinShiksha
Courses
Who are we? FinShiksha

FinShiksha is an IIM Calcutta alumnus venture, and specializes in education

in the financial services domain.

But we are more than just education providers; we help you build a career –
and work with you during the process. Our programs help a candidate
evaluate his/her strengths and hone them, at the same time spotting
weaknesses and eliminate them. We teach, we hand-hold and we guide.
www.finshiksha.com And yes – we simplify finance.

35,000+ 200+ 90+ 500+

HAPPY STUDENTS YouTube VIDEOS CAMPUSES LIVE SESSIONS & WEBINARS
Across Colleges and Companies www.youtube.com/finshiksha PAN India Reach In last 3 years across companies and colleges
FinShiksha Learning Championship Courses 2019 FinShiksha

Enrollment into these courses gives direct

Finance Essentials:
entry to FinShiksha Learning Championship Applied FSA
Banking and Markets
if you’re a 1st Year Student

Enrollment into these courses gives direct

entry to FinShiksha Learning Championship Investment Banking Equity Valuation Credit Analysis
if you’re a 2nd Year Student

You are free to enroll for any of the above mentioned courses outside the FinShiksha Learning Championship as well
 FinShiksha
Certification in Applied Financial Statement Analysis
AFSA aims to equip analysts with the knowledge to try and answer the question “Why” when they spot a ratio. The idea is to not just calculate a
number, but try and see why the number looks like what it does. This aims to take analysts beyond the realm of what is talk in conventional Financial
Statement Analysis.

Suited For Inclusions

First Year MBA Students, Aspirants for 10-12 Hrs. of Video Content, Course Access for 2
Credit/Equity Research, IB/PE/VC Roles. Years, Live Project with FinShiksha, Certification
Useful for creating structured framework for Test (Open Book – Case Based), Access to
interview preparation. Premium Webinars, Certificate Validity - Lifetime

First Year
Detailed Curriculum
Financial Statement Linkages with Credit and Sample Video
Debit Concepts, Interpretation of Ratios, FSA Beyond Textbooks
Understanding Business Drivers, Analysis of FSA on Hindalco
Annual Reports, Working Capital and Cash
Analysis, Analysis of Corporate Governance
Certification in AFSA – Curriculum FinShiksha

Topics
1. Basics of Financial Statements (BS, P&L and Cash Flow Statements)
2. Understanding of Line Items
3. Financial Statement Linkages
4. Annual Report Analysis
5. Working Capital Analysis – What Companies want
6. Working Capital Analysis – Cash Conversion Cycle and Implications
7. Understanding of Ratios in Finance
8. Ratios and Implication in Various Industries with Examples
9. Cash Interpretation and Analysis
10. Ratios Adjustment from Analyst Perspective
11. Understanding Quality of Earnings and Management Quality Analysis
12. Understating and Implication around Dividends, Stock Split and Stock Bonus
 Certification in Finance Essentials – Banking & Markets FinShiksha
This course aims to cover some of the basic concepts of finance, with respect to capital markets and banking industry. It aims to give a practical
exposure to students about some of the essential concepts of finance. The main reason why someone should pursue this course is to cover most of the
important concepts related to finance before the students get into their summer placement process. The course aims to ensure that no student falls
short of the knowledge needed in the Summer Internship process, even if the concepts have not been covered in their campus.

Suited For Inclusions

First Year MBA Students, Useful for Summer 10-12 Hrs. of Video Content, Course Access for 2
Internship Preparation Years, Live Project with FinShiksha, Certification
Test (Open Book – Case Based), Access to
Premium Webinars, Certificate Validity - Lifetime

First Year

Detailed Curriculum
Economics from India’s Perspective and with Sample Video
Data, Corporate Finance Concepts, Banking Finance Primer
Sector Understanding, Products in Capital Banking Nuances and Developments
Markets and Detailed Explanation
Certification in Finance Essentials – Curriculum FinShiksha

Topics
1. Basics of Financial Statements (BS, P&L and Cash Flow Statements)
2. Understanding of Line Items
3. Identifying Macro Themes – Understanding of Macroeconomics with Numbers
4. Financial System Understanding and Ecosystem
5. Financial Markets Understanding with Products
6. Banking Structure Understanding
7. Banking Products Understanding
8. Specialized Function Working – Investment Banking and Treasury
9. RBI Policy Review and Analysis
10. Financial Statement Analysis – Case (Live Company Analysis)
11. Corporate Finance Understanding – Cost of Debt, Cost of Capital, Beta and Leverage
12. Understanding of Ratios in Finance
 Certification in Equity Valuation FinShiksha
This course aims to equip analysts with the knowledge of evaluating a company using an appropriate valuation method, and the ability to build a
financial model from scratch. It also gives an insight into key inputs into the valuation process, and various valuation methodologies, building rationale
and create stock pitch. By the end of this student should have two working equity research model of company from two different sector.

Suited For Inclusions

Second Year MBA Students, Aspirants for 10-12 Hrs. of Video Content, Course Access for 2
Equity Research and IB Roles, Useful for Years, Live Project with FinShiksha, Certification
competitions like CFA RC, Motilal Oswal Test (Open Book – Case Based), Access to
QGLP, Credit Suisse HOLT Premium Webinars, Certificate Validity - Lifetime

Second Year
Detailed Curriculum
Valuation, Theme Identification, Company Sample Video
Model Building with Assumptions, Relative Maruti Suzuki Valuation Model
Valuation and Other Valuation Methods (click to
know detailed curriculum)
Certification in Equity Valuation – Curriculum FinShiksha

Topics
1. Identifying Macro Themes and Sector Numbers Understanding
2. Develop Industry Analysis Framework
3. Concept Related to DCF and Discounted Rate
4. Risk Free Rate, Beta and Risk Premium Discussion
5. Relative Valuation and Ratios
6. Multiples Discussion
7. Company Model Building 1 (Revenue Drivers, Cost Drivers, Balance Sheet Drivers, Beta, Cost of Equity, Adjustments, Balance
the Balance Sheet, Fully Linked Model, FCFE and FCFF, Final Valuation)
8. Sensitivity Analysis
9. Company Model Building 2 (Revenue Drivers, Cost Drivers, Balance Sheet Drivers, Beta, Cost of Equity, Adjustments, Balance
the Balance Sheet, Fully Linked Model, FCFE and FCFF, Final Valuation)
 FinShiksha
Certification in Investment Banking
This is fresh offering from FinShiksha, course aims to equip participants with a detailed understanding of how the investment banking industry works
and what are the various segments. The course would cover in detail Investment Banking from the perspective of fund raising in the form of equity or
debt, as well as Mergers and Acquisitions. It also gives an insight into key inputs into the IB processes. By the end of this course the participant should
have a complete understanding of how investment banking segments work

Suited For Inclusions

Second Year MBA Students, Aspirants for 10-12 Hrs. of Video Content, Course Access for 2
Equity Research and IB Roles, Competitions Years, Live Project with FinShiksha, Certification
like HSBC IB Test (Open Book – Case Based), Access to
Premium Webinars, Certificate Validity - Lifetime

Second Year
Detailed Curriculum
IB Roles, Types of Deals (Cash, Shares Swap, Sample Video
M&A, Carve Outs), IPO and Underwriting Industry Analysis
Process, Private Equity, Venture Capital, Term Airline Sector Analysis
Sheet Evaluation, Securitization and Debt
Syndication, Markets
Certification in Investment Banking – Curriculum FinShiksha

Topics
1. Roles, Players in IB, What Investment Banks do
2. Early Stage Investment – VC & Private Equity – Process of Evaluation
3. Evaluating Industries in Early Stage Investing, Pitch Deck, Information Memorandum
4. Exit Strategies and Evaluation, Term Sheet Understanding
5. Debt Market, Securitization and Debt Syndication
6. IPO and Underwriting Process; DRHP Analysis
7. M&A – Motivations and Analysis
8. Various Deal Types – Cash, Equity Swap, Mergers, Spin Off, Carve Outs, Reverse Mergers
9. Leveraged Buyouts and Evaluation
10. Synergy Valuation
11. Trading, Hedge Fund within IB, Risk Management in Trading – Markets
 Certification in Credit Analysis FinShiksha
Credit Research is one of the emerging areas in the Indian Financial Markets. With the advent of Debt Market in India’s overall market, this skill will
become very essential. Post the program, the candidate should be able to do detailed analysis of any company (finance/non finance). Also, at the end
of this a candidate should be able to make a prudent judgement whether a loan can be given or not, along with broad industry analysis, and business
driver analysis.

Suited For Inclusions

Second Year MBA Students, Aspirants for 10-12 Hrs. of Video Content, Course Access for 2
Commercial Banking, Credit and Equity Years, Live Project with FinShiksha, Certification
Research, Useful for competitions related to Test (Open Book – Case Based), Access to
Credit Research and Banking Premium Webinars, Certificate Validity - Lifetime

Second Year

Detailed Curriculum
Credit Rating Companies Analysis, Rating Sample Video
Methodology and Process, Understanding Debt Credit Risk Modelling
Schedule and Governance, Advance Ratios and
SSGR, SME Rating, Cash Flow and Fund Flow
Analysis, Sector Rating Methodology and Process
Certification in Credit Analysis – Curriculum FinShiksha

Topics
1. What and Why of Credit Rating, Rating Methodology and Players, CRISIL, CARE and ICRA Annual Report Analysis
2. Discussion on Auditor’s Report
3. Management Quality and Risk with Examples
4. Debt Schedule Interpretation
5. Advanced Credit Ratios, ROE Tree, Adjustment to Ratios and SSGR
6. SME Rating Process
7. Retail Credit Assessment (HL and Auto Loans)
8. Loan Pricing, Working Capital Assessment and Requirement through Methods (Fund and Non Fund Based)
9. Cash Flow and Funds Flow Analysis, Altman Z Score
10. Credit Analysis of Multiple Sectors
11. Banking Sector Risks and BASEL III
12. Securitization, Credit Risk Modelling and Debt Restructuring
 Proud Stories
I would like to mention that the “Equity Valuation” certification and your YouTube
tutorials regarding interview questions helped me a lot during my actual interviews.
I would like to appreciate the content provided by FinShiksha.
Jyotirmoy Saha, IMT Ghaziabad 2017-19
Course explained with a lot of examples, impact of changes in each variables for the
company and the real world point of view other than what's given in textbooks.
Application based learning and video explanation make it easier to grasp.
Sahil Goyal, IIM Calcutta 2018-20
The course content directly takes real life examples of companies and real data to
explain various concepts. The course provided a platform to submit a project on
analysis of 'Reliance Industries Limited'. This project has been a brownie point for
me in my summer interview as well as during PPI. The thing which I liked the most is
that the content is kept to the point with relevant examples which makes learning
simple and interesting.
Parag Kulkarni, SCMHRD 2017-19
Got a clear structure of concepts in Valuation and how to approach when you value
a company. It is good course for building a structured thought process for
evaluating a company.
Jalaj Thakur, JBIMS 2017-19
FinShiksha
All nitty-gritty related modelling in excel and clarity regarding many core concepts of the
valuation. Microeconomics courses only teach about the effects of macroeconomic factors on
the country, while course helped to link this factors to the individual firms and how these
factors will impact the business of the firm. It has increased my knowledge about valuation
significantly and I expect this to help me in my future interviews.
Paras Patel, XIMB 2017-19
The ease with which the concepts are taught and used is remarkable. Learned a lot of new
information and techniques which will surely help me in future. It has helped me in getting a
clearer picture about reading the financials of the company. Concepts around non-cash
working capital analysis, linking of financial statements and annual report analysis were
explained well.
Parth Kawatra, IMI New Delhi 2018-20
The course made me learn how to approach an industry and a company while valuing it.
Theoretical concepts were already taught to us in college but this course gave a practical
approach with the use of live examples. Equity Valuation Program has helped me in corporate
competitions and also helped me to understand the topics taught in my class in a better way. I
am able to have better interactions in my lectures.
Nirvan Rao, XIMB 2017-19
Thank you so much for all your timely help. Our project got successful reviews from the judges,
and the metrics provided by you played a major part in that. Moreover, over the course of this
project, we got to learn more and more about sector analysis strategies and stock picking
strategies, which will surely help us in the future.
Looking forward to more and more learning opportunities from FinShiksha!
Yash Goenka, SP Jain Mumbai, 2017-19
Frequently Asked Questions FinShiksha

How are the courses different from other stuff available on the web?
We have created the courses as a completely practical set of videos, applying most concepts you read in textbooks to Indian
companies. So everything we read or do will be with a live company. Concepts discussed in the courses are rarely available in
books, since these are more real life applications, and more so in the Indian context. The courses enable the participant to go
ahead and analyze the most practical aspects of the topics covered. So basically the courses prepare you for the questions your
are likely to face in the interviews. Not too many courses on the web guide you in this format.

What is the Certification Test like?

The Certification test is an open test. That means it is open book, open internet, untimed test. It's open for a window of 2 days,
and you can attempt it in multiple sittings. It's completely practical in nature, so will require some research as you attempt the
test. You can also access the videos again as you attempt the test. Basically the test itself is a good learning experience.
Frequently Asked Questions FinShiksha

Do the courses take care of the fact that someone may have no background in finance?
Yes, they do. Courses have been created keeping in mind this, and do not really look at financial statements from an accounting
viewpoint. So rest assured, that point is covered. We will take care of any issues if anyone faces that.

How many hours shall be devoted daily to complete this course, if one wants to finish it in 10-15 days?
The course has video content of 8 hours. We assume you will need to watcht that twice. In addition, there would be a project,
which may take 5 to 8 hours. So a total of 25 hours of effort is needed. A couple of hours a day should suffice. Of course, financial
analysis can be deeper, so if you want to try your hands analyzing another company, would be glad to help there.

What if I only complete the test and do not submit the project?
You still get the Certification, provided you have cleared it. However, the project is an evaluation in the FinShiksha pan India
competition that follows in August and September. For you to participate in that, the project has to be submitted. We strongly
recommend you to finish the project, so that the learning in the course is complete. This is also a guided project, so if you get
stuck anywhere, we will help you in that.
 Proud Stories FinShiksha
This course has helped me a lot with my college projects such market research where we had to
use the finance functions, and the like. Also, it helped serve as a quick getaway as we were not
taught all this. The concept of dashboard was new that I learnt.

Sara Desai, St. Xavier’s Mumbai 2016-19

Learning the process followed in valuation and the rationale for assumptions in a model.
Cleared valuation related concepts.

Shubham Pai, NMIMS Mumbai, 2017-19

Arvind Singh, IIM Rohtak 2016-18
Peeyush sir put a lot of things in context and helped merge text book theories with marker
events. It has made my investing decisions more process driven.
The way the course curriculum was structured is very much applicable to
the real world problems. Topics discussed in Economics really helped me in
CA Anshul Barve, KJ Somaiya, 2016-18
my summer internship interviews.

Arghadeep Mondal, IIM Ranchi, 2018-20

FSA course helped how to valuate a business on the basis of its financial
statements. It has really helped in my personal academics
Mayank Hedaoo, IIM Amritsar, 2018-20
Credit research course content was completely new for me it was not part of any curriculum.
Credit Research course provided with the basic of credit research, various nuances of the
industry and they methodology which is followed in the industry to rate various entity.
Amarjeet Kumar, Delhi School of Management DTU, 2017-19
 FinShiksha

CONTACT US
www.finshiksha.com

ADDRESS EMAIL TELEPHONE

5th Floor, A Wing, Akruti Trade programs@finshiksha.com +91 91373 14913
Center, Andheri East, Mumbai parth.parikh@finshiksha.com +91 90047 18889