The Investment Banker | 投资银行家

播放视频

ABOUT|课程简介

Get the same training as new hires to the top 4 investment banks. This online program covers accounting, financial modeling, valuation (including discounted cash flow and WACC), plus M&A and LBO analysis.

投资银行家在线系列课程包含了金融会计、建模、估值(包括现金流贴现和加权平均资本成本),企业并购和杠杆收购四大课程,获得与全球前四大投行新员工相同的培训内容。

$499

(Inc Tax|含税)

43.5

Hours
|课时

25

Topics
|项课题

263

Practical exercises
|项实训文档

Direct instructor help
|导师直接帮助

Micro-Degree
| 微型学位课程

Lifetime access
|终生使用

Rating|评价
4.9 STARS|星

THE ACCOUNTANT | 财务会计师

ABOUT|课程简介

如何对财务报表进行快捷并准确的阅读和解读,是每个金融分析师的入门功课。本课程将帮助你全面掌握这些重要的财务分析方法和技巧。

4.5 STARS|星

Completion time
|完成时间
13 Hours|小时

Level|等级
Skills Certificate
|技能证书

Video Minutes|视频时长 (30) — Excel Exercises|Excel练习 (3)

  • Making entries and ensuring the balance sheet balances
  • 编制会计分录,确保资产负债表平衡
  • Preparing a balance sheet
  • 资产负债表的准备
  • Preparing an income statement from the entries to retained earnings
  • 根据留存收益的分录编制损益表
  • Preparing a cash flow statement from the entries to the cash account
  • 根据现金项目的分录编制现金流量表
  • A review of the different categorizations on the income statement, balance sheet, and the cash flow statement
  • 审查利润表、资产负债表和现金流量表的不同分类
  •  

Video Minutes|视频时长(59) — Excel Exercises|Excel练习 (15)

  • Revenue recognition issues
  • 收入认定问题
  • Cost recognition issues
  • 成本认定问题
  • Identifying non-recurring items from the income statement, the MD&A, the notes to the accounts and the financial statement press release
  • 从损益表、MD&A、财报附录说明和财务报表的新闻发布中识别非经常性项目
  • Calculating EBIT and EBITDA for the historical year, and on an LTM basis
  • 基于最近12个月计算历史EBIT和EBITDA数据
  • Understand the difference between basic and diluted earnings per share and calculate recurring diluted earnings per share
  • 理解每股基本收益和摊薄每股收益之间的区别,计算出经常性的每股摊薄收益
  • Review company profitability compared to its peer group
  • 对照可比公司,分析公司的盈利能力
  •  

Video Minutes|视频时长 (56) — Excel Exercises|Excel练习 (12)

  • Inventory accounting including the impact on EBIT of LIFO and FIFO accounting choices (where relevant)
  • 存货核算,包括后进先出和先进先出会计方法对息税前利润的影响
  • Accounts receivable and bad debts (identifying when companies are manipulating sales)
  • 应收账款和坏账(辨别公司何时人为操纵销售数据)
  • Accounts payable and accruals and the difference between them from a due diligence perspective
  • 应付账款和应计账款,以及从尽职调查的角度看待其区别
  • Other items including taxes payable, deferred revenue, and pre-paid items
  • 其他项目,包括应付税款、递延收入和预付项目
  • Working capital and operating working capital and the cash impact of changes in operating working capital
  • 营运资本和经营性营运资本,以及经营性营运资本的变化对现金的影响
  • Credit implications of working capital movements
  • 营运资本的变动隐含的信贷需要
  • Day ratios
  • 各种周转日期比率
  •  

Video Minutes|视频时长 (39) — Excel Exercises|Excel练习 (11)

  • Gross PP&E, accumulated depreciation, depreciation expense and net PP&E
  • 固定资产毛值、累计折旧、折旧费用和固定资产净值
  • Building a simple forecast of fixed assets
  • 构建固定资产的简单预测
  • Establishing the age of a company’s fixed asset base
  • 确定公司固定资产的基本年限
  • Finite, and infinite intangibles including goodwill
  • 有限使用寿命和无限使用寿命的无形资产,包括商誉
  • A review of key methods of accounting for financial investments
  • 金融投资会计方法
  • At fair value through the income statement
  • 损益表内的以公允价值衡量的项目
  • Available for sale
  • 可供出售的资产
  • Associate (equity method) accounting
  • 联营企业(权益法)会计方法
  •  

Video Minutes|视频时长 (50) — Excel Exercises|Excel练习 (14)

  • Debt issues and repurchases
  • 债务发行与回购
  • Simple yield to maturity and all in cost calculations and understanding Original Issuer Discounts
  • 简单的到期收益率和所有的成本计算,以及理解原始发行人的折扣
  • Calculating net debt
  • 计算净债务
  • Equity issuance and repurchases
  • 股票发行与回购
  • The difference between authorized, issued and outstanding shares and multiple share classes
  • 法定、已发行和流通股以及多种股份类别之间的区别
  • Other capital items: preference shares and convertible bonds
  • 其他资本项目:优先股和可转换债券
  • Leverage ratios
  • 杠杆比率
  • Debt liability maturity analysis
  • 债务负债到期分析
  •  

Video Minutes|视频时长 (25) — Excel Exercises|Excel练习 (3)

  • Understanding how to categorize cash flows between operating, investing, and financing
  • 如何对运营、投资和融资现金流进行分类
  • Deriving a cash flow statement from two balance sheets and an income statement
  • 从两个资产负债表和损益表推导出现金流量表
  • Deriving a balance sheet from a cash flow statement and an income statement
  • 从现金流量表和损益表推导出资产负债表
  • Different cash flow statement presentations
  • 不同的现金流量表呈现方式
  •  

Video Minutes|视频时长 (9) — Excel Exercises|Excel练习 (5)

  • What are equity method investments?
  • 什么是权益法投资?
  • Equity affiliates/associates
  • 附属公司/联营公司
  • Joint ventures
  • 合资企业
  • Equity method accounting
  • 权益法会计方法
  • Income statement
  • 损益表
  • Balance sheet
  • 资产负债表
  • Cash flow statement
  • 现金流量表
  • Financial statement integration
  • 财务报表的整合
  •  

Video Minutes|视频时长 (68) — Excel Exercises|Excel练习 (21)

  • M&A accounting overview
  • 合并收购的会计概述
  • Balance sheet consolidation
  • 资产负债表的合并
  • Sources and uses of funds
  • 资金的来源和用途
  • Goodwill calculation
  • 商誉的计算
  • Income statement consolidation
  • 损益表的合并
  • Non controlling interests – NCI
  • 非控股权益 – NCI
  •  

THE MODELER|金融建模师

ABOUT|课程简介

建模分析是金融行业最为核心和通行的技能之一。熟练掌握快速无误建立各类金融模型的方法,对公司最终决策提供了强有力的理论和数据支持。FE的「金融建模师」在线课程提供最佳学习途径,帮你全面了解从简单到复杂的金融模型结构,熟练掌握众多建模技巧和实操技能,自信驾驭金融模型.

4.5 STARS|星

Completion time
|完成时间
9.5 Hours|小时

Level|等级
Skills Certificate
|技能证书

Video Minutes|视频时长 (63) — Excel Exercises|Excel练习 (13)

  • Key settings
  • 主要的Excel设置
  • Formatting and layout standards
  • 文本格式和布局规范
  • Building a simple income statement and balance sheet model, on one sheet, then across sheets
  • 建立简单的损益表和资产负债表模型,然后创建复杂多表模型
  • Balancing the balance sheet using the cash flow statement
  • 利用现金流量表项目对资产负债表进行平衡
  • Preparing the model for handover
  • 模型的交付前准备
  • Key formatting and putting the output into a pitch book
  • 重要的格式标准,并将输出结果纳入项目pitch book
  •  

Video Minutes|视频时长 (59) — Excel Exercises|Excel练习 (15)

  • Income statement construction and highlighting key numbers
  • 损益表的构建和关键数值的体现
  • Calculation schedules (PP&E, retained earnings, operating working capital, and debt)
  • 计算方法(PP&E、留存收益、运营周转金和债务)
  • Balancing the balance sheet with a cash sweep
  • 用现金扫除法平衡资产负债表
  • Calculating interest using average balances
  • 用平均数值计算利息
  • Circular references and iterations
  • 循环引用与迭代
  • Working with a circular reference switch
  • 学会使用循环引用开关
  • Preparing the model for handover
  • 模型交付前的准备
  • Key formatting and putting the output into a pitch book
  • 重要的格式标准,并将输出结果纳入项目pitch book
  •  
  •  

Video Minutes|视频时长 (62) — Excel Exercises|Excel练习 (11)

  • Why banks want to be repaid early
  • 为什么银行希望提前得到偿还
  • Cash sweep mechanisms
  • 现金扫除机制
  • How to model cash sweeps
  • 如何建立现金扫除模型
  • Building a three statement model with a cash sweep
  • 利用现金扫除机制建立三表模型
  •  

Video Minutes|视频时长 (36) — Excel Exercises|Excel练习 (11)

  • Top ten errors
  • 十大错误
  • Auditing and error checking toolkit
  • 审计和错误检查常用工具
  • Checking your own model
  • 检查自己的模型
  • Checking someone else’s model
  • 检查他人的模型
  •  

THE VALUER|估值分析师

ABOUT|课程简介

如何对一家公司或一项资产进行高效且准确的估值是一个复杂的话题,但却又是许多金融从业者无法回避的核心问题。本「估值分析师」课程将利用真实案例帮助你快速掌握估值的方法与技巧。探究对不同产业和类型的公司进行估值时所遇见的错综复杂的情况,以及如何对数据进行处理并进行有效的对比。本课程将采用最实用的估值技巧, 让你可以直接将学习成果运用到现实工作和学习中。

4.6 STARS|星

Completion time
|完成时间
12 Hours|小时

Level|等级
Skills Certificate
|技能证书

Video Minutes|视频时长 (28) — Excel Exercises|Excel练习 (9)

  • Calculating equity value
  • 计算股权价值
  • Calculating enterprise value
  • 计算企业价值
  • Non-core items, debt equivalent items, and non-controlling interests
  • 非核心项目、债务等价物和非控股权益
  • Calculating simple multiples
  • 计算简单的乘数
  • Illustrating the impact of leverage
  • 分析使用杠杆的影响
  • Understand how growth rates, returns and multiples interrelate
  • 了解增长率、回报率和乘数之间的相互关系
  •  

Video Minutes|视频时长 (69) — Excel Exercises|Excel练习 (17)

  • Review choosing a comparable set of companies
  • 如何选择一组可比公司
  • Calculating enterprise value
  • 计算企业价值
  • Calculating LTM EBITDA and EBIT
  • 计算LTM EBITDA和EBIT
  • Forward multiples and issues with consensus data
  • 预测的乘数以及共识数据带来的问题
  • Understanding which operational ratios are important for the analysis
  • 理解哪些运营性比例指标对分析是重要的
  •  

Video Minutes|视频时长 (33) — Excel Exercises|Excel练习 (11)

  • Reviewing data sources
  • 审查数据来源
  • Understanding different deal contexts
  • 了解不同的交易背景
  • Calculating enterprise value and LTM EBITDA
  • 计算企业价值和LTM EBITDA
  • Calculating premiums paid based on offer prices where appropriate
  • 根据收购报价计算支付的交易溢价
  • Calculating the synergies from the transactions as a % of target sales
  • 计算交易的协同效应占目标销售额的百分比
  •  

Video Minutes|视频时长 (30) — Excel Exercises|Excel练习 (8)

  • Capital Asset Pricing Model
  • 资本资产定价模式
  • Calculating the WACC for the peer group
  • 计算同行公司的加权平均资本成本
  • Interpreting the results
  • 解读结论
  • Establish a reasonable cost of capital for the target company
  • 为目标公司确立合理的资本成本
  • WACC approach
  • 以加权平均资本成本为基础的分析方法
  •  

Video Minutes|视频时长 (50) — Excel Exercises|Excel练习 (14)

  • Calculating free cash flows
  • 计算可自由支配现金流
  • Understanding how the operational ratios should develop over the financial forecast
  • 理解运营性比例指标在财务预测中应如何变化发展
  • Calculating the steady state and making relevant adjustments to the steady state cash flows
  • 计算稳态,并对稳态现金流进行相关调整
  • Making reasonable assumptions for long-term growth rates
  • 对长期增长率做出合理的假设
  • Discounting to a deal date
  • 折现到交易日期
  • Converting the enterprise value into an implied share price, making relevant adjustments for share options and restricted stock units
  • 将企业价值转换为隐含股价,对股票期权和限制性股票单位进行相关调整
  •  

Video Minutes|视频时长 (43) — Excel Exercises|Excel练习 (13)

  • Reviewing different valuation methods
  • 回顾不同的估值方法
  • Preparing valuation ranges for each valuation method
  • 为每种估值方法编制估值范围
  • Summarizing the valuation ranges and interpreting the results
  • 汇总估价范围并对结果进行解读

THE DEAL MAKER | 并购交易师

ABOUT|课程简介

企业何时应该考虑收购行为?合并收购能够为相关各方带来真正的益处吗?在本并购交易师课程中,我们将回答许多在企业收购合并行为的规划,执行,复盘阶段将要面对的问题。

5 STARS|星

Completion time
|完成时间
8.5 Hours|小时

Level|等级
Skills Certificate
|技能证书

Video Minutes|视频时长 (75) — Excel Exercises|Excel练习 (18)

  • Nature of an acquisition
  • 收购交易的性质
  • Valuation in an M&A context
  • 合并收购背景下的估值
  • Financing a transaction
  • 为交易进行融资
  • Sources and uses of funds
  • 资金的来源和用途
  • Transaction fees
  • 交易相关费用
  • Consolidation
  • 报表的合并
  • Offer terms – equity financing
  • 报价条款 – 股权融资
  • Deal analysis
  • 交易分析
  •  

Video Minutes|视频时长 (22) — Excel Exercises|Excel练习 (9)

  • Equity to enterprise value bridge
  • 股权价值与企业价值的桥梁
  • Sources and uses of funds
  • 资金的来源和用途
  • Share issuance and dilution
  • 股票发行和摊薄
  • Relative Pes
  • 相对的市盈率
  • EPS accretion dilution
  • 每股收益的增值和摊薄
  • Debt rating
  • 债务分级
  • Synergies vs. premiums paid
  • 协同效应与支付溢价
  • Return on invested capital
  • 投入资本的回报
  •  

Video Minutes|视频时长 (75) — Excel Exercises|Excel练习 (18)

  • LBO – definition
  • LBO – 定义
  • Internal Rate of Return (IRR) and Value Analysis
  • 内部收益率和价值分析
  • LBO analysis models
  • LBO分析模型
  • LBO analysis model map
  • LBO分析模型图
  • Assumptions
  • 假设条件
  • Sources of funds
  • 资金来源
  • Operating forecasts and cash sweeps
  • 经营预测和现金扫除
  • Model outputs
  • 模型的结果输出
  • Levered valuation
  • 包含杠杆的估值
  •  

Video Minutes|视频时长 (32) — Excel Exercises|Excel练习 (5)

  • Multiple based debt capacity analysis
  • 基于乘数的债务负担能力分析
  • Dangers of using multiples
  • 使用乘数的风险性
  • Cash flow based debt capacity analysis
  • 基于现金流的债务承担能力分析
  • Calculating free cash flows
  • 计算可自由支配现金流
  • Debt tranching
  • 债务分级
  • Seniority and subordination
  • 优先级和次级
  •  

Get a Wall Street Recognized Certification|获得华尔街认可的证书

UPGRADE YOUR RÉSUMÉ WITH THE SAME CERTIFICATION WE USE AT THE WORLD’S TOP 4 INVESTMENT BANKS.
用我们在世界四大投资银行使用的相同认证来提升你的简历。

Our exams are similar to assessments at the top firms. This means they are going to challenge you. Our online courses will teach you everything you need to know to succeed.

在线课程的最终考核,类似于我们为顶级投行进行员工培训时采用的难度。对你而言,这将是一项挑战。投资银行家在线系列课程将教会你挑战成功所需的一切知识。

The Investment Banker is made up of 4 skills certificates. Pass each one to unlock your micro- degree. Certification can easily be added to LinkedIn, demonstrating your achievement which will be recognized by the most prestigious firms on Wall Street.

完成投资银行家系列课程可获得4项技能证书。获取每一项证书,解锁你的微型学位。证书可以轻松地添加到你的领英上,展示你被华尔街最有声望的公司所认可的成就。

DISCOVER OUR PRESTIGIOUS ALUMNI ON LINKEDIN

|在领英查找FE著名校友

Our Alumni|FE校友

DEMONSTRATE YOU'RE AS GOOD AS THE BEST|证明你是最优秀的

By completing this course, you will be able to join our prestigious alumni on LinkedIn alongside hires at the top 4 investment banks. After becoming a member of this elite community, you can unlock exclusive benefits such as course discounts and more.

完成投资银行家系列课程,你可以在领英上与世界四大投资银行的雇员一起加入我们久负盛名的校友会,成为精英社区的成员,解锁课程折扣等专项福利。

TESTIMONIALS|感言

What Our Students Say|FE学员感言

Authored by Industry Experts|来自行业专家的课程设计

 

杰拉德专长于金融分析和建模的教学,曾在安永会计师事务所的企业财务部供职。获得注册会计师和CFA(所有三个级别)资格后,杰拉德于2008年转身投入金融培训。从那以后,他已经为四大投资银行提供了全球培训项目。

专家级讲师Alastair Matchett, Petter Ljunggren, Jonathan Rugg和Andrew Jones也参与了本课程的撰写。

LOOKING FOR A JOB AT A TOP FIRM?|寻找顶级公司的工作?

We can pass successful candidate details to recruiters at the most prestigious financial institutions. Make sure you opt-in when submitting your feedback after completing your course.

FE可以将成功通过在线课程考核的候选人资料分享给最负盛名的金融机构。完成学习后,在提交反馈时请确保你同意此选项。

Frequently Asked Questions | 常见问题

Access your course across desktop, laptop, tablet or phone; While we have optimized our video quality and size, we recommend a broadband connection to enable uninterrupted video playback. A PDF reader and spreadsheet application are required to open the supporting resources.

你可以从电脑,平板或者手机访问在线课程,为了保证视频播放质量,我们推荐你使用宽带进行网络访问。你还需要PDF阅读器和Excel来打开相关的课件和学习资料。

This online program reflects the training new analysts receive at the leading investment banks. It’s challenging, but if you want to demonstrate you are as good as the best in the industry then this is the course for you. The top investment banks will recognize our certification, making this perfect for graduates looking to land a job in investment banking or a professional preparing for a new role. We also reserve the right to introduce our best students to recruiters at the top 4 investment banks.

该在线课程完美再现了FE每年在全球投行进行的员工培训内容。学习过程并不简单,但是如果你希望证明你和金融行业最优秀的分析师有相同的能力,那这个课程就是为你量身设计的。全球领先投行认可我们的证书,因此这将是你进入投行的最佳敲门砖。同时我们可以将表现最优异的学员推荐给全球前4大投行。

The 4 leading investment banks, as rated by the FT, hire us to train their incoming analysts. If you are looking to join the best analysts in the world, why not challenge yourself with the same content and certification with the same Wall Street instructors ready to answer your questions.

金融时报排名的全球Top4投行每年选择我们为其分析师进行培训。如果你有志于进入投行,与最优秀的分析师为伍,为什么不现在就选择相同的课程和认证挑战你自己?

Absolutely. Develop practical skills your can use to impress at interviews, whether you’re looking to break into finance or change roles. 

当然!扎实的实践技能都是你进入金融行业的有力敲门砖。不论是简历,面试还是AC环节,掌握更多的金融知识和技能都会为你加分。

We are delighted to announce that we now offer lifetime access on all online courses! Fit studying around your schedule. Learn at your own pace with on-demand video, practical examples to download and expert instructor support.

从现在起所有的在线课程将可以终身使用,不再受之前12个月的时间限制。你可以灵活安排学习计划,利用详尽的在线学习资料找到自己的学习节奏。同时不要忘记可以在线与同学进行讨论,向我们的导师直接提出问题。

No. Everything you need to earn your micro-degree is included, from instructor-led videos and Excel exercises to the exam.

没有!所有完成学习并取得最终微学位认证的费用都已经涵盖其中,包括导师教学视频,Excel实践文档,随堂测试,作业和最终考核等。

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