Who should attend the course?
- Individuals – looking to move into the real estate industry
- New hires – who have missed a joining company in-house program
- Teams – employed in real estate investment roles with non-finance backgrounds
- Graduates - preparing to interview for a finance related role in the real estate industry
- Students – at business schools looking for a career in real estate finance
- Investment bankers (real estate industry teams)
- Real estate analysts
- Buy side (principal investors
- Anyone interested in real estate investments
Three valuation methods are examined and modeled in this session, namely: Free cash flow to equity, comparable companies analysis and sum or the parts valuation. The advantages and disadvantages of each method are considered.
- Understanding the differences between corporate valuation and bank valuation
- Free cash flow to equity model
- Present value of future dividends
- Cost of equity for banks
- Terminal value: review of potential approaches, limits and benefits
- Intrinsic multiples based on RoE, growth and reinvestment rates
- Sensitivity analysis
- Banking trading multiples
- P/BV, P/E, dividend yield
- Sum-of-the-parts valuation
- Key drivers by business
- Retail banking
- Corporate banking
- Asset management
- Investment banking
- Valuation considerations and trading multiples for sub-sectors
- Key drivers by business
""The virtual classroom was engaging and it felt like a classroom training"" ~ HR, International Investment Bank
What is a Virtual Classroom
Virtual Classroom training is a new and highly engaging way of delivering programs remotely with enhanced levels of interactivity compared to conventional webinars. In AMT’s Virtual Classroom participants are encouraged to activate their own webcams and mics throughout the class allowing for real-time engagement, both verbal and non-verbal, with fellow participants and their trainer. Participants can also share their screens to get instant assistance in any technical exercise; just like asking the trainer to walk over and help in the classroom! We have seen a step-change in participant engagement with this new technology. The trainer’s ability to see a selection of their participants’ faces in real-time, and to react to their verbal and non-verbal cues creates a remarkably realistic classroom-like experience. For an example of the technical requirements of for our Virtual Classrooms click here.
We recommend delegates have a solid understanding of financial statement analysis (balance sheet, income statement and cash flow) and financial modeling skills.