You're not made to crunch numbers.

You're made to crush the numbers game.

CERTIFICATE
PROGRAM IN
FINANCIAL
ANALYSIS,
VALUATION &
RISK
MANAGEMENT
INDIA’S ONLY PURE
FINANCE-FOCUSED
PROGRAM TO BUILD
A SOLID FOUNDATION
IN CORE AREAS OF
FINANCIAL ANALYSIS
Hero Vired, in partnership with edX, presents this program from
Columbia University, one of the world's leading universities.
This program is designed to master the theoretical and real-world
concepts spanning the world of finance.
With this program, you can develop industry-ready
skills to gain unparalleled opportunities in the fast-moving
finance industry.
FINANCE
How money moves the future
As a Risk Employment of financial
Manager/Credit Risk analysts is projected to
Manager/Financial grow at a faster rate
Risk Manager the than the average for
average salary is all occupations

7-10 LPA 11% from 2016

till 2026

In India, the average

salary for an Equity
A Credit Analyst
Research Analyst is
can earn
5-15 LPA 6-13 LPA

In 2018, the finance & insurance

sectors represented 7.4% i.e. The average salary
for a Corporate
$1.5 Finance Analyst is
trillion
of the U.S. gross 8-15 LPA
domestic product

Careers in Finance can very

rapidly scale up based on
A Treasury experience and performance,
Dealer/Sales earns just within a few years!

7-15 LPA
CERTIFICATE PROGRAM IN FINANCIAL ANALYSIS,
VALUATION & RISK MANAGEMENT

• India’s only online, industry-focused, comprehensive

program (300+ hours) that integrates financial analysis,
valuation and risk management for working professionals

• 70-90% of the program will be in the form of live online

instructor-led classes with mentors and industry
practioners to guide you through

• 6-month program in partnership with edX, from Columbia University

(including capstone)

• Deep industry connect with faculty and hands-on learning

with mini-projects, internships and/or capstone project

• Personal branding sessions and placement assistance

with 8-10 guaranteed job opportunities

• 1:1 career coaching along with just-in-time interview preparation

Eligibility:
Bachelor's degree
Basics of Mathematics

*As per the Hero Vired placement policy

This program is accredited by the

National Skill Development Corporation.

*edX and the edX logo are registered trademarks of edX LLC. All rights reserved.
CURRICULUM*
PROGRAM DURATION (Global): 6 months (including 3 month capstone)
Approximately 12-15 hours of student effort expected per week
Live Projects integrated through the curriculum

MODULE KEY OBJECTIVES CURRICULUM SUMMARY

Corporate Basic financial concepts such The three basic principles of corporate
Finance and as rate of return, time value of finance are investment, financing, and
money. Also, capital budgeting, dividend. Finance professionals are
Financial
bonds, Yield to maturity, expected to know how to value an
Markets duration, convexity, organization’s assets and make sound
introduction to bond markets, financial, investment, and trading
market conventions, bid-offer decisions.
spreads, relative value, floating This module provides an overview of
rate cash flows, corporate basic concepts such as cost of capital,
bonds and default risk, credit rate of return, compounding, cash flows,
ratings, and stocks. pricing/valuation of bonds, risk
management of financial instruments,
present and future value, and discounted
cash flows.

Free Cash Enterprise Discounted Free Cash Flow, or FCF, is an important

Flow Cash Flow (DCF Model), financial tool to measure the health of
the Free Cash Flows any business. It helps individuals
Analysis
(FCFs), estimating understand how efficient a business is at
Future Free Cash Flows, generating cash. Using FCFs, investors
Relative Valuation, can determine whether a business has
Financial Statements enough cash for dividends or share
and key Financial Ratios buybacks.
In this module, students will learn about
FCF, how financial statements are utilized
in estimating FCF, and how estimation
and utilization of operating profit is used
to calculate FCF. They will also learn of
other means to estimate FCF including
Earnings before Interest and Tax (EBIT),
tax shields, Property, Plant & Equipment
(PPE), and Net Operating Working Capital
(NOWC).

*The curriculum is subject to change

MODULE KEY OBJECTIVES CURRICULUM SUMMARY

Risk & Return The relation between Risk & In any investment decisions, risk and return
Return and CAPM, are major considerations;
Applications of the CAPM to investors/organizations compare the
Corporate Finance and WACC, expected return from an investment with
and Cost of Capital and WACC the risk associated with it. In general, the
higher the risk with an investment, the
higher the potential return.
In this module students will learn what
really defines risk and the concepts
associated with it such as risk discount rate
and risk premium. They will also learn how
risk can be measured, both quantitatively
and in the context of a portfolio. Finally,
they will examine the concept of beta as a
measure of market risk by utilizing the
Capital Asset Pricing Model (CAPM).

Derivatives Futures and forwards, Derivatives are financial contracts whose value
hedging application of is dependent on an underlying entity, such as
forwards, floating rate an asset or index. They can be broadly divided
cash flows, interest rate into two types, exchange-traded derivatives
swaps, options and and over the counter derivatives. They can be
option greeks used for a number of purposes including
hedging, speculation on price movements, or
getting access to otherwise difficult assets or
markets. The financial derivatives market has
seen a multi-fold growth in the last couple of
decades.
This module explains key concepts associated
with derivatives including market structure of
interest rate derivatives and valuation, futures
and forwards contracts, forwards hedging,
floating rate cash flows, interest rate swaps,
options, and option greeks.

Risk Sensitivity based risk Risk management refers broadly to the

measures such as pvo1, identification, measurement, and mitigation
Management
higher order sensitivity of financial risks. By using certain financial
measures (convexity , instruments to manage exposure to financial
gamma etc), value at risk risks—mainly operational, credit, and market
and expected shortfall, risk—investors/organizations look to protect
risk reporting their economic value.
In this module, students will learn how to
measure risk of various financial
instruments.They will learn sensitivity-based
risk measures such as PVO1, value at risk
and expected shortfall, and risk reporting.
MODULE KEY OBJECTIVES CURRICULUM SUMMARY

Equity Financial statements – Equity research is a discipline where

Research income statement, balance analysts research public companies and
sheet and cash flow come up with recommendations for buying,
statements, DCF method, selling, or holding a particular stock; they
multiples approach to evaluate companies with the goal of
valuation, key ratios relevant to making investment recommendations.
companies in various sectors In this module learners will take a deep dive
(eg: tier ratios for banking), key into different methods of equity research to
themes across sectors (eg: US prepare for roles such as equities research
sales as percentage of analysts. They will learn how to analyse
revenues for pharma financial statements like income, balance
companies), deep-dive of sheet, and cash flow. They will also learn
analyst reports of 20 blue chip about different valuation methods such as
NSE companies discounted cash flow (DCF) and multiples
approach to valuation. Finally, they will
learn about key ratios relevant to
companies in various sectors and key
themes across sectors, and study analyst
reports of 20 blue chip NSE companies.

Financial Basel III, FRTB, IFRS Financial regulations are rules and laws that
Regulations and SEBI guidelines govern financial institutions. Their aim is
ensuring stability in the financial system,
protection of consumers, and prevention of
financial crimes.
In this module students will learn about the
different regulations governing financial
markets and the agencies that enforce them.
Specifically, they will learn about Basel III - an
international regulatory framework for banks,
and Fundamental Review of the Trading
Book (FRTB) - a set of proposals by the Basel
Committee on Banking Supervision.
They will also learn about International
Financial Reporting Standards (IFRS) -
accounting standards issued by the IFRS
Foundation and the International Accounting
Standards Board. Finally, they will learn
about the regulatory body for securities and
commodity markets in India, the Securities
and Exchange Board of India (SEBI).

Technologies Excel and VBA Learners will learn to leverage excel for
analysing financial data.
SAMPLE INDUSTRY
PROJECTS
Make it attractive/affordable for liquidity providers to reach and
finance working capital needs of formal small companies, while
providing the latter (small companies) with a rapid, easy to access
and competitive source of financing

Develop a portfolio management tool that would deliver a decision

making framework and a calculation engine that builds a portfolio
consistent with the objective of all stakeholders (investors, risk
managers, salespeople, and regulators)

Help investors analyse and track ESG performance of small to

medium-sized companies in their portfolios in a less costly and
time-consuming way

Evaluate private investment opportunities with an industry PE/VC

partner

Work with a start-up proptech firm to create valuation models for

global real estate securities including REITs
KEY FACULTY PROFILES

Dipyaman Sanyal
• Doctor of Philosophy -Economics
• CFA Institute, US: Charter Holder
• Master of Science (MS), Applied Economics,
The University of Texas at Dallas

Experience

Co-Founder & CEO Adjunct Faculty Program Director

dōnō consulting Northwestern Jigsaw Academy
University

Shivakumar Bavamala
• Post Graduate Diploma in Management - IIM Bangalore
• BTech - Aerospace Engineering - IIT Madras

Experience

Founder/Investor Director Credit Trader

tamu tamu Trendline Barclays Capital,
Risk Ltd. United Kingdom

Lalit M. Fulara
• CFAI - Charlottesville (VA), USA

Experience

Lead Trainer Visiting Faculty Senior Analyst

IMS Proschool EduPristine Ernst & Young
KEYKEY
FACULTY PROFILES
FACULTY PROFILES

Satyam Arora
• CFA Institute, US: CFA

Experience

Vice President Financial Analyst Head of Personal

Equity Research Rochdale Health, Strategy M&A
Rafferty Capital Securities LLC & Partnerships
Philips

Frederick Muller
• MBA - University of British Columbia - Vancouver, Canada

Experience

Director, Head of Director, Director, Deputy

Regulatory Management Market Risk Global Head Credit
EMEA, GMRM Engineering Market Risk
Bank of America Merrill Barclay's Management
Lynch Capital Dresdner Kleinwort
 LEARNING
HOURS

TOTAL Assignments Live Online Career

COURSE DURATION Self-Paced
LIVE LEARNING
and Projects (Faculty Led) Service
SESSIONS

6
Months
48
Hours
SELF - PACED
96
Hours
144
Hours
52
Hours
(includes 3 month capstone)

TOTAL
TOTAL EFFORT
(Learning Hours + Self Work) 340 Hours WEEKLY EFFORT 12-15 Hours
 Your
Learner
Success Industry Faculty
Learners will have the opportunity

Story to interact with domain experts from

across industries through regular
faculty lectures, industry sessions
and networking opportunities.

Integrated Mini-Projects
All learners will work on multiple
domain-focused real world projects that
will be spread out over the span of the
program with expert mentoring and
guidance sessions.

Internship or Industry Project

Every learner will have the opportunity
to gain industry experience with
specialisation-focused long-term projects
of 6-8 weeks with a personal assigned
mentor and an industry guide.

Personalised Career Services

Each learner will work with an assigned career
specialist from the learner success team to
build out their personal and professional
brand, prepare and work on their presentation,
interviewing and communication skills.
POST PROGRAM OUTCOME
You will acquire the ability to function across
multiple roles. You will gain real world industry
experience and have the capability to think
rationally, analyze situations to solve problems
adequately. This program comes with the Hero
Vired Placement Assurance.*

*T&C apply as per the Hero Vired placement policy

 CERTIFICATION
On the successful completion of this program, you will be eligible for:

Hero Vired Certificate

ca t e
t i fi
C er
p le
Sa m
Columbia University’s (ColumbiaX) Professional Certificate
and Verified Course Certificates (on successful completion of courses on edX)

*Certificates are indicative and are subject to change

*edX and the edX logo are registered trademarks of edX LLC. All rights reserved.
OUR CONTENT
PROVIDERS

Columbia University is one of the world's most important

centers of research and at the same time a distinctive and
distinguished learning environment for undergraduates and
graduate students in many scholarly and professional fields.
For more than 250 years, Columbia University has been
a leader in higher education around the world.

*edX and the edX logo are registered trademarks of edX LLC. All rights reserved.
Why
Vired? 1
VIL – Vired Integrated Learning
Comprehensive professional
development through measurable
transformation

2
Hero Vired is a premium
learning experience, offering
VIR - Vired Industry Ready
industry relevant programs ‘Industry relevant focus’- from the
and world class partnerships, industry, of the industry, for the
to create the change makers industry
of tomorrow.

With a goal to make learning

a continuous endeavour,
Vired offers a holistic
experience that is applied,
3
I Vired – Vired Personalised
Training
Personalised & high- engagement
learning experience
real-time and engaging.

4
At Hero Vired, we believe
everyone is made for big Vired Connect
Premium access to international
things. With the experience,
learning experiences
knowledge and expertise of

5
the Hero Group, Hero Vired is
on a mission to change the
way we learn. Virednomics
Academic Bank of Credits towards
future learning across the world

6
Vired Globally

world’s premium institutions

OUR PARTNERS
The Hero group in education
K12, medical education and higher education.

IN PRIMARY AND HIGHER SECONDARY EDUCATION

Raman Munjal BCM Chain Green Meadows

Vidya Mandir of Schools School

IN HIGHER EDUCATION

ISB Founding BML Munjal Dayanand Medical

Members University College & Hospital

The Hero story

The Hero Group is one of the leading business conglomerates in the world.
The company saw its humble beginning in 1956 when the four Munjal brothers

entrepreneurs, they started out by manufacturing bicycle components and then

rapidly expanding the business. From there, they continued their growth story
by diversifying and deepening their expertise across domains.

Today, the is a conglomerate of Indian

companies with primary interests and operations in automotive
 #getvired

Want more information on this program?

Reach us at 1800 309 3939 | Visit us at www.herovired.com