Investment banking firms need skilled new hire analysts to do the heavy lifting of financial modelling and valuation work. Getting analysts to the stage where they are able to fully contribute can be expensive and take over a year after joining the team. Our approach dramatically reduces time and cost.

1. Why shifting to flipped
classroom prepares
analysts for real work and
reduces total cost of
training
TURNING NEW HIRES INTO DESK-READY ANALYSTS WITH SQUARE MILE

2. Investment banking
analysts play a crucial
role in the heavy lifting
of building financial
models and valuing
companies.
Financial analysis
Financial modelling
Valuation
✓
✓
✓

3. ….that’s IF you perceive they are
confident and competent.
I just know I’m going
to need to redo this
I’m doing two
people’s work
I haven’t got time to train
them. It’s quicker to do it
myself...

4. They can also represent a time drain,
requiring hand holding and lots of
support to get to the stage where they
can truly contribute.

5. Banks have traditionally solved this
problem by putting all their new hires
from all over the world through a
structured analyst training programme.

6. All that expensive group training and
research shows that analysts still
make mistakes.
“The volume of preventable
mistakes strongly suggests
these skills are not being
sufficiently developed on the
job”
The case for an industry credential in investment Banking - The IBP Institute - 2017

7. And when your reputation depends on
accuracy, that really does matter.
“Such errors pose
reputational risks in an
industry characterized by a
hyper competitive client
services orientation.”
The case for an industry credential in investment Banking - The IBP Institute - 2017

8. And that’s not the only problem.
Managers are frustrated spending
time bringing junior analysts up to
speed.
“I talk to hundreds of banks every
year and I regularly hear senior
bankers lamenting the lack of
training for junior associates, yet
they don’t have time or resources
to solve the problem.”
Breaking into banking - Andy Keusel - 2016

9. Why?
Most programmes teach
‘complicated’ skills but modelling
in the real world is complex.
Programmes are teacher-led and
provide comfort for the teacher not
the student.
1
2

10. Other companies push for exams
which test memory and process but
don’t predict real performance on the
job.

11. Square Mile provides a flipped
classroom training programme for firms
who want the most cost-effective and
powerful way to get new hires fully
functioning as the junior bankers they
were hired to be.

12. 1. The teacher shares a prepared
‘lesson’ covering the foundations
and the analysts listen and
complete theoretical exercises.
Traditional analyst training involves a classroom
and a teacher and a planned lecture.
2. Afterwards, the students try
out more theoretic examples
for themselves as ‘homework’.

13. At no point in this
process do your analysts truly
engage with the complexities of the
real world they will face
in their job.
But it does suit exam and CV
junkies...

14. 1. Before the workshop, analysts
watch clear, concise videos
sharing all the foundation
technical knowledge they will
need.
2. They complete examples and get
feedback to make sure they have
fully acquired the knowledge
Our analysts do the opposite: learn and practice
the detail by video and use classroom time for
challenging, real world examples
3. The face to face workshops
are entirely focused on
exploring complex examples,
together, driven by the
analysts who are dictating the
pace and challenging the
teacher

15. The approach we
use is based on
Flipped Classroom

16. flipped classroom
/’fli-pped ‘klas-room//
noun
The flipped classroom describes a reversal of traditional teaching
where students gain first exposure to new material outside of class,
usually via reading or lecture videos, and then class time is used to do
the harder work of assimilating that knowledge through strategies such
as problem-solving, discussion or debates

17. WHY FLIPPED CLASSROOM?
• By the time your analysts arrive in the classroom, they will have
already mastered corporate finance fundamentals AND practised
and received feedback on complicated examples.
• The classroom experience is entirely focused on exploring complex
examples, readying them fully for real life scenarios.
• Flipped classroom reflects how millennials like to learn … dictating
the pace of the detailed content and challenging the teacher
• ...and means they are a few clicks aways from accessing the key
learning resources at any time

18. But does it work? What’s the evidence?
“The students using the lecture delivery method had an average score of 41% and
those students using flipped classroom had an average score of 74%.”
“An Alternative Vote (Applying Science to the Teaching of Science)“, May, 2011,
The Economist
“About 24 percent earn an A, compared with 14 percent before switching to flipped
classroom. And the material being presented is now harder, not easier.”
From an experiment reviewed by the
SeattleTimes.com
“50% of the flipped classroom group received a grade of A compared with 39% of
students in the traditional class.”
“Measured Results Demonstrate Enhanced Learning Outcomes in the Flipped Classroom“, May 2013,
EmergingEdTech.com

19. On average it takes a new hire 6-12 months to
become a fully functioning analyst.
Some never get there...
Flipped classroom can bring this down to 6 weeks
and cost less than the traditional approach.
YEAR ONE
hired!
Square Mile
6 weeks in 12 months in...
In house tradition programme
No formal training

20. Interesting conversation?
We’d love to speak.
Contact:
rahul.bhargava@squaremiletraining.com