Since 2005, the International Finance Institute has delivered high quality investment banking, financial modeling, and corporate valuation training to both current finance professionals and all individuals seeking to enter the finance industry. As the Global Leader in Finance and Investment Banking Training, no other firm has trained more current Analysts in more international cities. Advance your professional career in finance with live hands-on investment banking classes at the International Finance Institute. Our accredited international banking school offers convenient global locations to hone your skills in investment banking. Join our seasoned experts for quality investment banking training in financial modeling, corporate valuation, Mergers And acquisitions (M&A), Leveraged Buy-Outs (LBO) and more.

1. International Finance Institute
The Global Leader in Finance and Investment Banking Training
Information Memorandum

2. TABLE OF CONTENTS
1. OVERVIEW
A. WHY YOU SHOULD CHOOSE US? 3
B. THE MANY ADVANTAGES OF IFI’S LIVE TRAINING 4
C. WHAT YOU RECIEVE WHEN YOU TRAIN WITH US 4
D. MANY FIRMS REQUEST RESUMES FROM OUR GRADUATES 5
E. INTERNATIONAL FINANCE INSTITUTE SUCCESS STORIES 5
2. SYLLABUS 6
3. AFFILIATIONS 10
4. LOCATIONS 11
International Finance Institute
www.financeinstitute.com
© 2014 International finance institute. All rights reserved.

3. 1. OVERVIEW
With 13 training locations in major cities world-wide, the International Finance Institute is a
global leader in teaching Financial Modeling and Corporate Valuation.
We help our trainees advance their careers in finance with live, hands-on finance and
investment banking classes.
We teach the practical skills required for a successful career in:
 Investment Banking
 Private Equity
 Hedge Funds
 Corporate Finance Departments
 Venture Capital
 Equity Research
 Asset Management
 Wealth Management
Our comprehensive 3-week training program covers all the necessary skills a
candidate needs before being considered by employers for various roles in the
Finance Industry:
 Financial Modeling
 Corporate Valuations
 Mergers and Acquisitions (M&A)
 Leveraged Buyouts (LBO)
 Distressed Securities Analysis
 Capital Restructuring
 The Pitch Process
 Raising Venture Capital
 Initial Public Offerings (IPO)
 Buy-Side & Sell-Side Advisory
WHY YOU SHOULD CHOOSE US:
 Live, hands-on classroom training in corporate valuation and financial modeling by
instructors who are highly experienced investment banking professionals.
 We conduct training sessions in major cities worldwide. So one of our training
centers is very likely convenient to you.
 Skills you can apply immediately, so you’ll be seen as a highly employable, valuable
asset in the investment banking industry.
 Expert help landing your desired position and exclusive access to coveted active job
openings in finance.
 Concentrated 30-hour course — featuring live, hands-on classroom training in
corporate valuation and financial modeling by instructors who are highly
experienced investment banking professionals
© 2014 International finance institute. All rights reserved.

4. THE MANY ADVANTAGES OF IFI’S LIVE TRAINING
1. Live classroom sessions provide the focused interaction with your instructor that
simply isn’t possible in an online environment.
2. Our students learn the most current methods in the banking industry, taught with
examples from the real-world experience of our bankers.
3. Valuation and financial modeling training taught by professionals with billions of
dollars’ worth of transaction experience.
4. Our classes are limited to 18 students, so our instructors can give you the personal
attention you need to optimize your learning.
5. Since many of our students already work in investment banking and other areas of
finance, you can network to build relationships. Some of our students even land
their first job in finance before they finish our course.
6. You are invited to ask questions and can be assured that they will be answered
thoroughly. Since the subjects are complex, follow-up questions are also welcomed.
7. You will receive job guidance and placement assistance by experts who will show
you how to present your skills on your resume, master interview techniques, select
the most appropriate firms to apply to among hundreds of midsize banks, PE firms,
boutiques and equity research firms, and know exactly how to add value from day
one to the firm that hires you.
8. Lifetime guarantee. You can retake any of our courses at any time, in any of our
worldwide locations, at no additional charge. This will allow you to deepen your
understanding of any subject or refresh your knowledge of it to keep your skills up to
date.
WHEN YOU TRAIN WITH US, YOU RECEIVE THE FOLLOWING:
 30 hours of personalized training in financial modeling taught by senior banking
professionals. Our unrivaled intensive training program is made up of 12 sessions
that are each 2.5 hours long and presented over a 3-week period.
 Electronically delivered course materials and access to our online content.
 Excel model templates, which can be reused and modified.
 Access to our rolodex of finance professionals worldwide.
 All prerequisite materials for each course, emailed to you in advance.
 Personal career advice, including assistance with your resume and interview skills,
as well as assistance with professional contacts.
© 2014 International finance institute. All rights reserved.

5. MANY FIRMS REQUEST RESUMES FROM OUR GRADUATES
Our concentrated 30-hour course provides you with an unrivaled fast track to the career
you want in investment banking or a convenient way to advance your existing career.
We have ongoing relationships with many investment banks, private equity firms, and
hedge funds. In fact, they regularly retain us to train their employees.
As a result, they often provide us with exclusive openings and enquire about the resumes
of our graduates. So you’ll have an inside track to your first position in the finance industry.
INTERNATIONAL FINANCE INSTITUTE SUCCESS STORIES
Jonathan D.
New York
“The IFI course provides practical insights into implementing various
valuation models. Not only am I now more confident building financial
models, I can now better understand financial transactions and work faster
in Excel.”
Tanya Y.
London
“After completing my MBA, I felt there were gaps in my technical ability. IFI
made the difference for me by enhancing my technical skills and helping me
find a new position as an Associate. Thank you”
William C.
Singapore
“This program is tailor-made for anyone looking to get a head start in
investment banking. The instructor is simply one of the best I have ever had
and we continue to keep in touch. I highly recommend it.”
© 2014 International finance institute. All rights reserved.

6. 2. SYLLABUS
WEEK 1
DAY 1 - SESSION 1
ORIENTATION AND FINANCIAL STATEMENT ANALYSIS
1. Course Overview and Banker Introduction
2. Discussion of Student Background and Expectations
3. Investment Banking and Corporate Finance Introduction
a. Definition and Roles in Finance and Investment Banking
b. Overview of Private Equity, Hedge Funds and Venture Capital Firms
c. Definition of an Investment Bank
d. Investment Banking Industry Overview
e. Career Paths at an Investment Bank
f. The Pitch Process
g. Buy Side vs. Sell Side of a Transaction
h. Initial Public Offerings
i. Expectations of an Investment Banking Employee
4. Overview of Financial Accounting (Balance Sheet, Cash Flow, Income
Statement)
5. Understanding the SEC 10-K and 10-Q reports (Includingadditional local
reporting requirementsoutside the USA)
6. Financial Statement Analysis
a. Ratios and Growth Rate Analysis
b. Normalizing Adjustments
DAY 1 - SESSION 2
COMPLETE VALUATION ANALYSIS: MARKET APPROACH
1. Introduction to Corporate Valuation
2. Understanding Enterprise Value and Equity Value
3. Comparable Company Analysis (Valuation Method 1)
a. How to Select Comparable Companies
b. Spreading Comparables
c. Analyzing Valuation Multiples
d. Determining Corporate Value
© 2014 International finance institute. All rights reserved.

7. 4. Historical Transaction Analysis (Valuation Method 2)
a. How to Select Comparable Companies
b. Spreading Comparables
c. Determining Corporate Value
DAY 2 - SESSON 3
COMPLETE VALUATION ANALYSIS - INCOME APPROACH
1. Discounted Cash Flow Analysis (DCF) (Valuation Method 3)
2. The Forecast Period & Forecasting Revenue Growth
3. Forecasting Free Cash Flows
4. Calculating The Discount Rate
5. Determining Fair Value
6. Pros & Cons Of DCF
7. Determining Corporate Value
DAY 2 - SESSION 4
CONSTRUCTION OF AN INTEGRATED CASH FLOW MODEL
1. Introduction to Cash Flow Modeling
a. Financial Modeling Best Practices
b. Setting up a Financial Model
c. Selecting Assumptions and Drivers
d. Linking the 3 Financial Statements
2. Setting up the Model for Historic and 5-Year Projections
3. Projecting the Financial Statements (Balance Sheet, Cash Flow, Income
Statement)
a. Modeling Debt and Revolvers
b. Debt and Interest Schedule
c. Industry Accepted Assumptions (COGS, EBITDA, Working Capital and
Capital Expenditures)
d. Measurement of Sensitivity
4. Analyzing, Concluding and Testing the Model
© 2014 International finance institute. All rights reserved.

8. WEEK 2
DAY 3 – SESSION 5&6
LEVERAGED BUY-OUT (LBO) MODELING
1. Understanding Leveraged Buyouts (LBO)
2. Discussion of Returns Analysis
a. Internal Rate of Return (IRR)
b. Cash Return
3. How Leverage is Used to Generate Returns
4. Primary Sources of LBO Financing
5. Construction of an LBO Model
a. Historical and Projected Income Statement through EBIT
b. Input Opening Balance Sheet and Project Balance Sheet
c. Debt and Interest Schedules
DAY 4 – SESSION 7&8
LEVERAGED BUY-OUT (LBO) MODELING (Cont.)
d. Complete Pro Forma Income Statement Balance Sheet and Cash flow
Statements
e. How to Calculate Goodwill
f. Modeling LBO Financial Structure
g. Perform Returns Analysis
h. How to Determine Valuation
i. Analyzing and Testing the LBO Model
6. Strategies for Exit and Monetization
7. Determining Initial Public Offering (IPO)Valuation
WEEK 3
DAY 5 – SESSION 9&10
MERGER AND ACQUISITION (M&A) MODELING
1. Introduction to Mergers and Acquisitions
a. M&A Market Overview
b. Various M&A Approaches
c. The Sale Process in Detail
© 2014 International finance institute. All rights reserved.

9. 2. Construction of an M&A Model
a. Preparation of Key Acquisition Data
b. Valuation of Target Company
c. Building Funding Structure
d. Modeling Acquisition Adjustments
e. Calculating Accretion / Dilution Effects
f. Significance of Relative P/Es
DAY 6 – SESSION 11&12
MERGERS AND ACQUISITIONS (M&A) MODELING (Cont.)
g. Determining Contribution Analysis
h. Calculating Leverage Ratios
i. Pro Forma Balance Sheet
j. Measurement of Sensitivity
k. Post-Merger Adjustment and Liabilities
l. Accounting Implications and Issues
3. Analyzing, Concluding and Testing the M&A Model
COURSE CONCLUSIUON
1. Reflections on IFI Training Course
2. Q&A with IFI Instructor
3. Discussion of what IB Firms Look for in Potential Candidates
4. Mock Interview Session with Seasoned Investment Banker
5. Incorporation of New Skills into CV/Resume
6. Distribution of Course Take-Home Materials
7. Completion of Course Evaluation Form
© 2014 International finance institute. All rights reserved.

10. 3. AFFILIATIONS
International Finance Institute (IFI)
is registered with CFA Institute as
an Approved Provider of
continuing education programs for
CFA Institute members. As a
participant in the CFA Institute Approved-Provider Program, International Finance Institute (IFI) has
determined that this program qualifies for 30 credit hours. If you are a CFA Institute member, CE
credit for your participation in this program will be automatically recorded in your CE tracking tool.
International Finance Institute (IFI) is an approved Continuing
Education Provider by the Certified Financial Planner Board of
Standards Inc. (CFP Board). IFI’s Financial Modeling and Corporate
Valuation continuing education (CE) training program has been
submitted to and accepted by CFP Board, granting you a total of 28
CE credit hours. Certified Financial Planner Board of Standards Inc.
owns the certification marks CFP®, CERTIFIED FINANCIAL
PLANNER™, CFP® (with plaque design) and CFP® (with flame
design) in the U.S., which it awards to individuals who successfully
complete CFP Board's initial and ongoing certification requirements.
The recommended CPE credit to be awarded for the program is 36
CPE in Accounting, Finance, Personal Development and Specialized
Knowledge and Application. International Finance Institute (IFI) is
registered with the National Association of State Boards of
Accountancy (NASBA) as a sponsor of continuing professional
education on the National Registry of CPE Sponsors. State boards
of accountancy have the final authority on the acceptance of
individual courses for CPE credit. Complaints regarding registered
sponsors may be submitted to the National Registry of CPE
Sponsors through its website: www.learningmarket.org
© 2014 International finance institute. All rights reserved.

11. INTERNATIONAL FINANCE INSTITUTE
WORLDWIDE LOCATIONS
© 2014 International finance institute. All rights reserved.