What You'll Learn
This is a six-month program running twice weekly. We cap enrollment at sixteen people because everyone needs time to work through problems and ask questions. The focus is on building models you can adapt rather than memorizing specific templates.
Module 1: Financial Statement Analysis
Before you model anything, you need to read financial statements properly. We'll work through real company reports and identify what matters. You'll learn to spot inconsistencies and understand how operating decisions flow through to the numbers.
Module 2: Building DCF Models
Discounted cash flow models are everywhere in finance, but most people treat them like black boxes. We break down each component and you'll build models from scratch. By the end, you'll know why certain assumptions matter more than others.
Module 3: Comparable Company Analysis
Trading multiples sound simple until you try to apply them. Which companies are actually comparable? How do you adjust for differences? We'll work through sector-specific examples and discuss when comps work and when they mislead.
Module 4: LBO Modeling Fundamentals
Leveraged buyout models involve multiple moving parts and complex debt structures. You'll learn to model different scenarios and understand what drives returns. This module includes case studies from actual deals where structures went wrong.
Module 5: Merger Models and Accretion
M&A modeling requires thinking through transaction structures, synergies, and purchase accounting. We'll build merger models and test various scenarios. The focus is on understanding which assumptions actually impact the outcome.
Module 6: Real-World Application Project
The final month involves building a complete model for a company you choose. You'll present your analysis to the group and defend your assumptions. This is where everything comes together and you discover what you still need to work on.
From Templates to Understanding
"I'd been using Excel for two years but couldn't explain why my models were structured a certain way. This program forced me to think through each step instead of just copying formulas. The most valuable part was seeing how different analysts approach the same problem."
Financial Analyst, completed program March 2024
- Work with actual company data rather than simplified examples
- Get feedback on your modeling approach, not just the final numbers
- Build models you can adapt when requirements change
- Learn to explain your assumptions and defend your analysis
- Connect with other analysts working through similar challenges
How to Join
We're accepting applications through May 2025 for the September cohort. The program runs Tuesday and Thursday evenings at our Zhongshan office.
Submit Application
Send us your background and what you want to learn. We're looking for people who'll engage with the material and contribute to discussions.
Interview Call
We'll schedule a 30-minute conversation to discuss your goals and answer questions about the program. This helps us both determine if it's a good fit.
Pre-Program Work
Once accepted, you'll receive materials to review before the first session. This ensures everyone starts with similar foundational knowledge.
Ready to move beyond templates and build real modeling skills?
Start Your Application