Investment banking firms need skilled new hire analysts to do the heavy lifting of financial modelling and valuation work. Getting analysts to the stage where they are able to fully contribute can be expensive and take over a year after joining the team. Our approach dramatically reduces time and cost.

1. How to get your new
analysts modelling like
your best associates in
6 weeks
TURNING NEW HIRES INTO DESK-READY ANALYSTS WITH SQUARE MILE

2. Investment banking
analysts play a crucial role
in the heavy lifting of
building financial models
and valuing companies.
Financial analysis
Financial modelling
Valuation
✓
✓
✓

3. ….that’s IF you perceive they are
confident and competent.
“I just know I’m
going to need to
redo this”
“I’m doing two
people’s work”
“I haven’t got time to train
them. It’s quicker to do it
myself…”

4. They can also represent a time drain,
requiring hand holding and lots of
support to get to the stage where they
can truly contribute.

5. The largest global firms solve this
problem by putting all their new hires
from all over the world through a
structured analyst training programme.

6. Not every firm hires enough grads each
year to make an in house programme
commercially viable.

7. And that’s not the only problem.
The amount of training isn’t enough.
“The amount of time spent
on formal training is
insufficient to develop even
the most basic skills for
most new hires”
The case for an industry credential in investment Banking - The IBP Institute - 2017

8. And that’s not the only problem.
Research shows that analysts still
make mistakes.
“The volume of preventable
mistakes strongly suggests
these skills are not being
sufficiently developed on the
job”
The case for an industry credential in investment Banking - The IBP Institute - 2017

9. And that’s not the only problem. Senior
bankers are feeling the strain.
“I talk to hundreds of banks every
year and I regularly hear senior
bankers lamenting the lack of
training for junior associates, yet
they don’t have time or resources
to solve the problem.”
Breaking into banking - Andy Keusel - 2016

10. Why?
Most teach ‘complicated’ skills but
modelling in the real world is
complex.
Programmes are teacher-led and
provide comfort for the teacher
not the student.
1
2

11. Other companies push for exams
which test memory and process but
don’t predict real performance on the
job.

12. Square Mile provides an open analyst
training programme for firms who want
the most cost-effective and powerful
way to get new hires fully functioning as
the junior bankers they were hired to
be.

13. Square Mile is a completely new way to fully
prepare new hires to perform financial analysis,
modelling and valuation.
Open
programme
format = cost
effective
1
Analysts
build their
network and
breadth of
experience
2
Flipped
classroom =
learning for
the ‘complex’
world
3

14. flipped classroom
/’fli-pped ‘klas-room//
noun
The flipped classroom describes a reversal of traditional teaching
where students gain first exposure to new material outside of class,
usually via reading or lecture videos, and then class time is used to do
the harder work of assimilating that knowledge through strategies such
as problem-solving, discussion or debates

15. WHY FLIPPED CLASSROOM?
• By the time your analysts arrive in the classroom, they will have
already mastered corporate finance fundamentals AND practised
and received feedback on complicated examples.
• The classroom experience is entirely focused on exploring complex
examples, readying them fully for real life scenarios.
• Flipped classroom reflects how millennials like to learn … dictating
the pace of the detailed content and challenging the teacher
• ...and means they are a few clicks aways from accessing the key
learning resources at any time

16. On average it takes a new hire 6-12 months to
become a fully functioning analyst.
Some never get there...
Flipped classroom can bring this down to 6 weeks
and cost less than the traditional approach.
YEAR ONE
hired!
Square Mile
6 weeks in 12 months in...
In house tradition programme
No formal training

17. Interesting conversation?
We’d love to speak.
Contact:
rahul.bhargava@squaremiletraining.com