PROJECT #1: Retail Industry Company Comparable & DCF Analysis

-- Brandon Ngiam Tina Chen

Non-Quantitative Projects

Project Analysis Target - Target

Evaluation Method 1 – Company Comparables

Evaluation Method – Discounted Cash Flow Analysis

DCF Analysis Template

What can we Learn from this Project?

• Apprehend history and major events

• Dive in retail industry and learn key techniques of M&A in the industry and be prepared with knowledge for future analysis in other industries

• Equip project analysts with valuation techniques

PROJECT #2: Delta

Project DeltaProject Delta

• What is Project Delta?– A project to promote general but comprehensive

understanding of options, its trading strategies, and valuation model.

– A strong starting point for those desiring to learn more about financial derivatives.

• Why Project Delta?– It is a good preparation for…

• various careers in finance.• more specifically, finance, mathematical finance classes,

even job interviews.

GoalsGoals

• Gain a deeper insight into one of the most widely used derivatives.

• Get familiar with various useful trading strategies.

• Learn about valuation model and its different applications in a trader’s perspective.

• Apply what have been learned to solve real problems.

• Develop logical skills and tools for students in finance.

Tentative Weekly AgendaTentative Weekly Agenda• Week 1: Definition of option & Types & Variations– Mechanisms; Call/Put; Styles; Assets

• Week 2-4: Option Trading Strategies– Week 2: Spreads– Week 3-4: Combinations, Hedging

• Week 5-6: Application of Strategies– Week 5: Solving real cases, interview questions– Week 6: Applying strategies to hypothetical situations

• Week 7-9: Black-Scholes– Week 7-8: Understand the mechanism & Greeks– Week 8: Applying Black-Scholes– Week 9: Develop the model w.r.t. implied volatility