You're not made to crunch numbers.

You're made to crush the numbers game.

CERTIFICATE
PROGRAM IN
FINANCIAL
ANALYSIS,
VALUATION &
RISK
MANAGEMENT

www.herovired.com
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 master the theoretical and real-world
concepts spanning across 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
Demand for Financial
Analysts is predicted
to grow faster than
As a Risk the average rate of

11
Manager the
average salary is %
` 6-14 lakhs/pa till 2026

The average
In India, the
salary for a
average salary for Business
an Equity Research Analyst is
Analyst is
` 9-30 lakhs/pa
` 5-21 lakhs/pa

In 2018, finance & insurance

represented 7.4% or

$1.5
trillion
of U.S. gross
domestic product
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 a mentor and industry
practioners to guide you through

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

• Deep industry connect with faculty and hands-on learning

with mini-projects, internships and/or capstone project

• Personal branding sessions, career services and placement

assistance with 3-5 guaranteed interview opportunities

Eligibility:
Bachelor's degree
Basics of Mathematics

*edX and the edX logo are registered trademarks of edX LLC. All rights reserved.
CURRICULUM
DURATION: 6 months
Approximately 12.5 hours of student effort expected per week.
Live Projects integrated through the curriculum.

MODULE KEY OBJECTIVES

Introduction Basic financial concepts such as rate of return and time value of money leading to metrics like Net Present Value
(NPV) and Internal Rate of Returns (IRR). The module will also extend to capital budgeting, different aspects of
to Corporate
fixed income securities (like bonds) including Yield to maturity, duration and convexity. Broader introduction to bond
Finance markets, market conventions, bid-offer spreads, relative value, floating rate cash flows, corporate bonds and default
risk and credit ratings will also be covered.

Free Cash Enterprise Discounted Cash Flow (DCF Model), The Free Cash Flows (FCFs), Estimating Future Free Cash Flows
and how financial statements can help estimate cash flows and operating profits. The core of financial statements
Flow Analysis
analysis will be covered in this course including getting the ability to read cash flow statements and use them
to understand the financial health of an organization. Valuation concepts will be introduced through relative valuation
and key financial ratios.

Risk & Return The relation between Risk & Return and the Capital Asset Pricing Model (CAPM), Applications of the
CAPM to Corporate Finance and the Weighted Average Cost of Capital (WACC), calculation of WACC,
risk premia and the concept and uses of Beta as a measure of risk and thus cost of capital.

Derivatives Futures and forwards, hedging application of forwards, Floating rate cash flows ,interest rate swaps,
options, Black Scholes and Greeks.

Value at Risk (VaR), traditional and non-traditional VaR, Expected Shortfall, sensitivity analysis and
Risk
sensitivity based risk measires such as pvo1, higher order sensitivity measures
Management (like convexity, gamma, etc) and risk reporting.

Equity Financial statements applications for equities research and modeling. Income statement, balance sheet
and cash flow statements, DCF method, multiples approach to valuation, key ratios relevants to companies
Research in various sectors (eg: tier ratios for banking), key themes across sectors (eg: US sales as %age of revenues
for pharma companies), deep-dive of analyst reports of 20 blue chip NSE companies.

Technologies Excel. Learners will learn to leverage excel for analysing financial data, building financial and valuation
models. Advanced excel functions and formula will be extensivel taught and used

• 
SAMPLE INDUSTRY
PROJECTS
Loan Prediction Forecasting Model Implementation by TurnKey Lender,
Singapore

TurnKey Lender is the leading advocate for embedded lending, providing

the only SaaS platform that automates not only all digital ending
operations but also all digital lending decisions at every stage of the loan
life cycle in real-time for any business.

Work on Product Market Fit & Pricing Model with Coding Robot Lab,
South Korea

Coding Robot Lab is an online education platform that will allow everyone
around the world to learn and teach coding and artificial intelligence
using our AI-powered tools and multimedia. It allows students worldwide
to participate in real-time tutoring classes with real IT developers around
the world.

Project on Personal Finance Management by Azuke, India

Azuke is a boutique financial advisory firm providing single-point,

professional, fee-based advice for all personal financial needs including
implementation and operations. The hallmark of their services are
accountability, transparency, trustworthiness and continuity.

Education Loan Lending platform by Credenc, India

Credenc is a unique platform to finance meritorious students for their

college expenses by underwriting their employability, rather than the
means available to their families. Credenc is disrupting the domestic
higher education financing market with its future income prediction
model which ensures the best students of our country are not starved
for funds for their higher education.

Private Investment
Industry Project on evaluating private investment opportunities with an
industry PE/VC partner

Market Risk
Measuring risks for a portfolio and creating a industry standard risk report

Real Estate Securities Valuations

Working with a start-up proptech firm to create valuation models for global
real estate securities including REITs
KEY FACULTY PROFILES

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

Experience

Founder/Investor Director Trader Credit Trader

tamu tamu Trendline ICICI Bank Barclays Capital,
Risk Ltd. United Kingdom

Frederick Muller
BA - University of British Columbia - Vancouver, Canada

Experience

Director Director, Head of Regulatory

Paradigm Risk Dynamics Management EMEA, GMRM
Ltd., London, UK Bank of America Merrill Lynch

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
Markets Philips
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

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

Experience

Lead Trainer Visiting Faculty Senior Analyst

IMS Proschool EduPristine Ernst & Young
LEARNING
HOURS

COURSE LIVE ONLINE

LIVE CONNECTS
DURATION DURATION

Live learning sessions Refresher sessions

7RWDO :HHNO\ 7RWDO :HHNO\

6 52
+RXUV +RXUV +RXUV +RXUV

Months
(26 weeks)
Days 195 7.5 65 2.5

SELF - PACED LEARNING HOURS

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+RXUV +RXUV +RXUV +RXUV

65 2.5 325 12.5

TOTAL EFFORT
(Learning Hours + Self Work) 325 Hours
TOTAL
WEEKLY EFFORT 12.5 Hours
 Your
Learner
Success Industry Faculty
Learners will have the opportunity to

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

Hero Vired Certificate

c a te
ti f i
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 1
VIL – Vired Integrated Learning
Comprehensive professional

VIRED?
development through
measurable transformation

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