Included courses

Introduction to Bank Analysis

4.8 STARS

Star Rating
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About

Discover the inner workings of commercial and investment banking with our certified bank analysis course.

Completion time

6 Hours

Level

Skills Certificate

About

Discover the inner workings of commercial and investment banking with our certified bank analysis course.

Completion time

6 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Intro to Banking

35

3

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Video minutes35

Excel Exercises3

  • Comparing corporate and investment banking
  • Building a bank’s balance sheet
  • Building a bank’s income statement
  • Calculating return on equity for a bank

Banking - Financial Statement Fundamentals

53

9

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Video minutes53

Excel Exercises9

  • Deconstructing a bank’s balance sheet
  • Financial instruments classification under US GAAP
  • Cash & cash equivalents definition
  • Repurchase agreements (Repos)
  • Securities borrowed and loans
  • Determining the fair value of financial instruments
  • Other bank balance sheet line items in detail

Banking - Financial Analysis

23

8

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Video minutes23

Excel Exercises8

  • Building a KPI suite for a real set of bank financial statements
  • Analysing Net Interest Income (NII) & Net Interest Margin (NIM)
  • Reviewing the efficiency ratio
  • Taking a deep dive into Return on Tangible Equity (RoTE)
  • Calculating the Loan-to-Deposit Ratio (LDR)
  • Appraising the Liquidity Coverage Ratio (LCR)
  • Constructing an analysis of the Net Stable Funding Ratio (NSFR)
  • Reviewing the Expected Credit Loss coverage ratio
  • Calculating the Common Equity Tier 1 (CET 1) ratio

Expected Credit Losses

13

6

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Video minutes13

Excel Exercises6

  • Understanding IFRS 9’s expected credit loss model
  • Calculating expected credit loss provisions for preforming loans, underperforming loans and loans with objective evidence of impairment
  • Identifying the accounting transactions required when posting expected credit loss provisions
  • Calculating gross and net interest after accounting for expected credit loss provisions

Bank Regulations

67

11

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Video minutes67

Excel Exercises11

  • Key objectives
  • Key tools
  • Recent initiatives
  • Regulatory bodies
  • Historical regulation
  • Basel, MiFid and Dodd-Frank
  • Stress testing

Bank Modeling and Valuation

4.9 STARS

Star Rating
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About

Make better informed investment decisions for your clients by mastering the relationship between bank performance and valuation.

Completion time

3 Hours

Level

Skills Certificate

About

Make better informed investment decisions for your clients by mastering the relationship between bank performance and valuation.

Completion time

3 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Modeling a Simple Bank Model

29

11

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Video minutes29

Excel Exercises11

  • Forecasting the balance sheet
  • Forecasting net interest income
  • Forecasting the income statement
  • Calculating risk weighted assets
  • Calculating required capital
  • Completing the model
  • Preparing for hand-off

Investment Decisions and Bank Valuation

28

8

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Video minutes28

Excel Exercises8

  • Explore the relationship between bank performance and valuation
  • Calculate a bank’s market capitalization
  • Explore the relationship between growth, risk and returns

Dividend Discount Valuation

17

1

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Video minutes17

Excel Exercises1

  • Understanding tier 1 capital assumptions
  • Calculating maximum dividends
  • Calculating terminal value
  • Discounting the dividends
  • Calculating equity value and cross checking with PE and Price to book value multiples
  • Comparing the implied multiple of the terminal value and the overall valuation

Introduction to Insurance Analysis

5 STARS

Star Rating
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About

Discover the main types of insurance business and products, how to understand and interpret company financials, and get to grips with industry regulation.

Completion time

8 Hours

Level

Skills Certificate

About

Discover the main types of insurance business and products, how to understand and interpret company financials, and get to grips with industry regulation.

Completion time

8 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Insurance Industry Overview

35

6

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Video minutes35

Excel Exercises6

  • The key terminology and products used in insurance
  • Calculating insurance revenues, costs and profits
  • A review of the global insurance market and sectors
  • Understanding and calculating life insurance benefits
  • Introducing the concept of reinsurance
  • A review of the main risks in insurance

Insurance Financial Statement Fundamentals

62

10

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Video minutes62

Excel Exercises10

  • The key principals and methods used in insurance accounting
  • Calculating insurance premiums and reserves for P&C business
  • Understanding the modifications for life insurance accounting and its application for common types of policy
  • Understanding how the insurance balance sheet and income statement are linked
  • Calculating DAC asset and reinsurance reserves
  • Understanding the different classifications and accounting for investments
  • A review of the financial statements of a real insurance company

Insurance Regulations

23

8

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Video minutes23

Excel Exercises8

  • An overview of the regulatory landscape
  • Detailed explanations of the Solvency II approach
  • Calculating capital requirements and ratios

Life Insurance Analysis

22

4

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Video minutes22

Excel Exercises4

  • Understanding profit drivers in life insurance
  • Analyzing profitability and capital
  • A review of new business metrics

P&C Insurance Analysis

87

9

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Video minutes87

Excel Exercises9

  • Income statement, with claims and expenses and the combined ratio, and underwriting profit
  • Claims reserves and their payout
  • Unearned premium reserve
  • Deferred acquisition costs (DAC)
  • Incurred but not reported reserve (IBNR)
  • Reinsurance assets
  • Equity capital and solvency

Insurance Modeling and Valuation

4.5 STARS

Star Rating
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About

Discover how modeling and valuing insurance companies differs substantially from other industries.

Completion time

3 Hours

Level

Skills Certificate

About

Discover how modeling and valuing insurance companies differs substantially from other industries.

Completion time

3 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Life Insurance Model

60

17

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Video minutes60

Excel Exercises17

  • A comprehensive introduction to the key steps and methods used for valuing life insurance companies
  • The key steps and flow used in building a life insurance model
  • Forecasting key balance sheet line items
  • Dealing with the effects of reinsurance
  • Forecasting life insurance profits
  • Modeling regulatory capital requirements in equity

P&C Insurance Model

22

4

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Video minutes22

Excel Exercises4

  • Income statement, with claims and expenses and the combined ratio, and underwriting profit
  • Claims reserves and their payout
  • Unearned premium reserve
  • Deferred acquisition costs (DAC)
  • Incurred but not reported reserve (IBNR)
  • Reinsurance assets
  • Equity capital and solvency
  • Discounted dividend model
  • Relative valuation using regression of ROE and P/BV

Get Certification Recognized on Wall Street

Upgrade your résumé with certification recognized by the top 4 investment banks.

Our exams are similar to assessments at the top firms. This means they are going to challenge you. Our online courses will teach you everything you need to know to succeed.
The FIG Banker is made up of 4 skills certificates. Pass each one to unlock your micro-degree. Certification can easily be added to LinkedIn, demonstrating your achievement which will be recognized by the most prestigious firms on Wall Street.

THIS MICRO-DEGREE HAS BEEN APPROVED BY

Colin Evans

Managing Director at J.P. Morgan

Colin Evans is a Managing Director at J.P. Morgan and leads the financial institutions coverage team globally for Corporate Banking

Dr. Ken Lee

Associate Instructor

Associate Instructor and Ex-Barclays Capital, Head of European Equity

Norman E Toy

Advisory Board

Ex-J.P.Morgan training consultant, Senior Lecturer at Mailman School of Public Health at Columbia in Advanced Healthcare Finance

Dr. Bridget Lyons

Advisory Board

Professor of Finance at the Jack Welch College of Business at Sacred Heart University and Associate Instructor

LOOKING FOR A JOB AT A TOP FIRM?

We can pass successful candidate details to recruiters at the most prestigious financial institutions. Make sure you opt-in when submitting your feedback after completing your course.

Our Alumni

DEMONSTRATE YOU'RE AS GOOD AS THE BEST

By completing this course, you will be able to join our prestigious alumni on LinkedIn alongside hires at the top 4 investment banks. After becoming a member of this elite community, you can unlock exclusive benefits such as course discounts and more.

Frequently Asked Questions

What tech do I need?

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Access your course across desktop, laptop, tablet or phone; either via our web portal or the dedicated mobile app. While we have optimized our video quality and size, we recommend a broadband connection to enable uninterrupted video playback. A PDF reader and spreadsheet application are required to open the supporting resources.

Is it right for me?

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Our FIG banking courses are essential for anyone involved in providing clients with expertise and knowledge on financial institutions, like banks and insurance companies. We recommend participants have a strong understanding of fundamental financial accounting, modeling, valuation principles before enrolling. The top finance institutions will recognize our certification, making this perfect for graduates looking to specialize in bank and insurance advisory or a professional preparing for a new role.

Are Financial Edge's courses credible?

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The 4 leading investment banks, as rated by the FT, hire us to train their incoming analysts. If you are looking to join the best analysts in the world, why not challenge yourself with the same content and certification with the same Wall Street instructors ready to answer your questions.

Does my access expire?

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Each purchase provides 12 months access. To renew your access simply buy the course again. Due to the downloadable nature of some content, we cannot offer refunds for customers that have already accessed their course.

Will this course help me get a job in FIG ?

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Absolutely. Develop practical skills your can use to impress at interviews, whether you’re looking to break into the industry or change roles. Take advantage of our recruiter service to boost your chances.

How long do I have to complete the courses?

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Up to 12-months if needed! Our courses take the stress out of learning with downloadable materials and on-demand content. Learn completely at your own pace, around other priorities you might have in your schedule.

Are there any hidden costs?

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No. Everything you need to earn your micro-degree is included, from instructor-led videos and Excel exercises to the exam.

Other courses you may be interested in

Introduction to Bank Analysis

Master the core financial accounting skills required for numerous advisory roles across banking, particularly in FIG. Before taking the course, we recommend users have a fundamental understanding of accounting and financial analysis, covered in The Accountant.

£199 (Inc Tax)

4.8 Stars

Star Rating

Introduction to Insurance Analysis

Our online insurance analysis course will help you go from complete novice to insurance expert in a matter of hours. Discover the main types of insurance business and products, how to understand and interpret company financials, and get to grips with industry regulation.

£259 (Inc Tax)

5 Stars

Star Rating

The Investment Banker

Get the same training as new hires to the top 4 investment banks. This online program covers accounting, financial modeling, valuation (including discounted cash flow and WACC), plus M&A and LBO analysis.

£399 (Inc Tax)

4.9 Stars

Star Rating