Financial Modelling

Masterclass
18 - 22 September 2011, Dubai

Use Your Brain

Best practice modelling solutions for world-class analysts, investors, planners and finance professionals.

Learn the most effective ways to design, cross-check and structure your financial models. Build robust and flexible models so you can perform add-ins and make amendments while maintaining the integrity of your spreadsheets. Learn to create and compare scenarios base case, best case, worst case no more potential errors. Save literally hours of modelling manipulation time. Get the job done faster and painlessly.

www.terrapinnfinancial.com
www.terrapinnfinancial.com

Financial Modelling Masterclass

Develop effective financial models

About your presenter

Take your analytical skills to the next level... and design world-class models. This highly-practical, hands-on programme is specifically designed to strengthen your model structuring skills. Far too many business spreadsheet models are flawed due to a lack of thought about objectives, layout and design. By adopting a structured design strategy, you can develop better models, in less time and with greater accuracy.
Learn by doing - Real-world case studies demonstrating best practice This intensive course is packed with cutting edge spreadsheet design ideas and simulation exercises to bring your modelling skills to the next level. By the end of this course, you will be able to design sophisticated spreadsheets that you never imagined were possible. In just 5 days you will: Analyse financial data using a variety of database functions. Learn how to quickly, efficiently and effectively evaluate financial decisions when undertaking a project, making an investment, acquiring disposing of a business, etc. Discover how to prepare realistic and reliable financial forecasts. Learn how to determine a fair value of a company or other assets. Uncover how to determine the best price which to list a company. Design and build a model to analyse a lease proposal and decide between purchasing, leasing or borrowing. Remember just one good nugget of inspiration will repay the cost of this workshop 100 times over. Why not bring your team? Register 4 delegates and bring a 5th free see the registration form the back of this brochure for full details.

Ranjit Naik is a UK based award-winning Financial Modelling expert and with over 30 years practical experience in financial modelling across the world. Terrapinn's #1 rated trainer in 2009. His specialist areas include corporate finance, financial modelling and company valuation, credit analysis, corporate strategy and financial planning.

Module One: Advanced Spreadsheet Skills (Day1 & 2) Attend this Module to sharpen your Excel skills. Youll discover best-practice techniques for spreadsheet planning and design - plus how to record Macros to save yourself hours of modelling time. These first two days are an ideal preparation for the next 3 days of intensive Corporate Financial Modelling (Module II). Module Two: Corporate Financial Modelling (Days 3, 4 & 5) This second module allows you to APPLY your skills for building superior financial models. Here, you will work on exercises and case studies designed to take your own models to a whole new level.

DAY ONE
Spreadsheet Concepts Session 1 - Review of Excel Concepts Setting up workbooks and worksheets Setting up formulas, copying and pasting data and formulas Linking cells on different worksheets Formatting cells and entering comments Understanding and using controls Prepare a profit and balance sheet to examine and identify any errors. Learn to expand the functionality of spreadsheet and enhance its appearance and usability Session 2 - Exploring Functions in a Spreadsheet Program General format and use Selected financial & statistical functions Lookup and other functions Array functions You will be provided with a number of problems to solve using Excel functions, to enhance your understanding. Session 3 - Advanced Functions and Tools Using database functions and pivot tables Using database functions You will analyse a set of financial data using a variety of database functions. Session 4 - Other useful Excel tools & techniques Data validation and conditional formatting Protecting data and formulas in a spreadsheet Multi-file models Consolidation and summarisation Using graphs and charts You will complete a variety of exercises designed to confirm and consolidate your understanding of the tools and techniques.

DAY TWO
Modelling Approaches and Project Appraisal Session 1 - Approaching the Building of a Model Nature of financial models and application areas Systematic approach to model-building Designing models and model structures Designing input, cell logic and output sheets Testing and documenting the model Given a statement of a business problem, you will design and build a model to solve the problem. Session 2 - Forecasting for Modelling Applications Analysing historic data to identify components Trends, Cyclical variations and Seasonal variations Random variations Modelling time series analysis and regression analysis Use modelling techniques to prepare forecasts. Session 3 - Forecasting Financial Statements Use of business experience and judgment Forecasting the income statement Balance sheet and cash flow statements Evaluating the reliability of forecasts# You will use your analysis of historic company data from the previous exercise to model the forecasting of financial statements. Session 4 - Cost of Capital Calculation of future and present values Discount factors and tables Continuous compounding Calculating the cost of debt Gordon growth models Capital asset pricing model Calculating the weighted average cost of capital (WACC) You will model the calculation of the weighted average cost of capital for a company with an interesting mix of types of debt and equity capital.

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online www.terrapinnfinancial.com | email nikola.clay@terrapinn.com | phone +44 (0)20 7608 7068 | fax +44 (0)20 7608 7050

Recent Terrapinn attendees

ABN AMRO Abu Dhabi Investment Authority Abraaj Capital Aman for Securities Ltd ANZ Arab Banking Corporation BNP Paribas Capital Mall Trust Management Citigroup Credit Libanais SAL Dubai International Capital Dubai International Financial Centre Deutsche Bank AG Fidelity Investment Global Investment House Gulf International Bank Gulf Investment Corporation Istithmur JP Morgan Kuwait Finance House Macquarie Bank Mashreq Bank Merill Lynch National Bank of Dubai National Commercial Bank Qatar Islamic Bank Samba Financial Group Saudi National Commercial Bank Shuaa Capital

Who's attending?
Analysts - Financial, Business, Investment Analysts Planners - Strategic, Business and Financial Planners Finance Directors, CFOs, Financial Controllers Corporate Valuation Specialists: M&A, Private Equity, Real Estate

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Banks & Asset Managers

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RELATED EVENTS
3 day MBA in Company Valuation 12-14 September 2011 London 5 Day MBA in Applied Corporate Finance & Valuation 25-29 September 2011 Dubai

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Register now: Call Nikola Clay on +44 (0)20 7608 7068 or email nikola.clay@terrapinn.com
DAY FIVE
Monte Carlo Simulation, Macros, and User-defined Functions Session 1 - Monte Carlo Simulation Statistical measures and how to calculate them Probability distributions and the normal distribution Running a simulation and interpreting results You will use a macro to perform simulations and examine the results to analyse the viability of a project. Session 2 - Introduction to Spreadsheet Macros Using the macro recorder to create macros Editing and enhancing recorded macros Identifying and correcting errors in macros You will examine a number of prewritten macros that are not operating as intended. You will then use Excel function to identify the error(s) in each macro and correct the errors as appropriate. Session 3 - Extending the Power of Macros Data input and output macros Branching from one macro to another Using loops and other features Creating list boxes and attaching lists to macros You will examine specifications for a number of macros and create the macros starting with a blank sheet. You will then debug the macros and ensure that they are operating as required. Session 4 - Using VBA (Visual Basic for Applications) Creating a new module Using VBA to create user-defined functions Incorporating a help facility Variables and variable types Branching and looping You will examine specification for user-defined functions, write and debug the functions to ensure that they are operating as required.

THREE

DAY FOUR
VAR, Leases, Financial Options and Real Options Session 1 - Value at Risk (VAR) Measures of risk Statistical measures and how to calculate them Mean, variance, and standard deviation Calculating mean and variance of multi-asset portfolios Using Excel functions to calculate VAR VAR of multi-asset portfolios You will use modelling techniques to calculate the VAR for a multi-asset portfolio. Session 2 - Financial Analysis of Leasing Nature of leases and lease payments Modelling the lease versus buy decision Modelling the lessors perspective Special problems of leveraged leases You will design and build a model to analyse a lease proposal and to decide between purchasing, leasing or borrowing to acquire an asset. Session 3 - Financial Options and Options Pricing Using options in risk management Pricing using the binomial model Using the Black-Scholes model to price options Session 4 - Real Options Analysis The nature of real options and how they relate to financial options Typical examples, e.g. option to expand, options to abandon, option to defer or wait, etc. Valuing real options Modelling the option to expand Valuing an abandonment option You will use modelling techniques to value the option to defer a decision on whether to accept or reject a proposed business opportunity.

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Financial Modelling Masterclass

Register now
Package Before 03 Jun 2011 Before 22 Jul 2011 Before 09 Sep 2011 After 09 Sep 2011 Quantity Sub-total

l 18 - 22 September 2011, Dubai

Registration fee

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4,295 Save 430

4,510 Save 215

4,725

Financial Modelling
Masterclass
18 - 22 September 2011, Dubai

Platinum Package Send 4 delegates and the 5th comes FREE

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1. Should you be unable to attend, you are not able to transfer your registration to a later course. Instead a substitute delegate is welcome at no extra charge 2. Terrapinn Financial Training does not provide refunds for cancellations. Invoiced sums are payable within 14 days of the invoice date. Notwithstanding this, payment must be received prior to the course taking place. 3. Terrapinn Financial Training will make available course documentation to a delegate who is unable to attend and who has paid 4. Terrapinn Financial Training reserves the right to alter the programme without notice including the substitution, alteration or cancellation of speakers and / or topics and / or the alteration of the dates of the event 5. Terrapinn Financial Training is not responsible for any loss or damage as a result of a substitution, alternation, postponement or cancellation of an event under any circumstances

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3 day MBA in Applied Corporate Finance 3 day MBA in Finance 3 day MBA in Basel III 3 day MBA in Forecasting 3 day MBA in Company Valuation 3 day MBA in Project Finance Modelling 3 day MBA in Company Valuation Modelling 3 day MBA in Transfer Pricing 3 day MBA in Due Diligence 3 day MBA in Treasury Management 3 day MBA in Enterprise Risk Management Go to www.terrapinnfinancial.com to view our full course calendar for 2011

Course Schedule
Registration ................................. 8.30 am Course Begins ............................. 9.00 am Morning Break ........................... 10.30 am Lunch ......................................... 12.00 pm Afternoon Break .......................... 3.30 pm Close............................................ 5.30 pm

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