Swiss Finance Academy
Program 04 · Self-Paced

Investment Banking Deal Modules

Not a lecture series. A simulated floor assignment: you are a first-year analyst on a fictional deal team, with real scenarios, real numbers, and real decisions. Each module drops you into a fictional live transaction with the models, the deadline, and the judgment call. One-time purchase, lifetime access. The complete suite adds the Live Deal week in London.

Self-paced · Five simulations or the full suite · Lifetime access · All scenarios fictional
See options and pricing Enroll in Glacier Point
Choose Your Option

Five Deals. Or All of Them.

Each module is a complete, self-paced simulation you keep for life. The suite bundles all five in one enrollment.

IPO / ECM Program

Glacier Point

A $450M IPO Simulation
$3,900
One-time. Lifetime access.
  • Five deal simulations (IPO / ECM)
  • IPO process and S-1 walkthrough
  • Full IPO valuation model, DCF engine and WACC
  • Cap table and dilution, bookbuilding simulator
  • ECM careers guide
  • Lifetime access
M&A Program

Arctic Light

A $17.8B Merger Simulation
$4,900
One-time. Lifetime access.
  • Six deal simulations (M&A)
  • Full pro forma model suite, 40+ Excel models
  • Accretion / dilution engine
  • Covenant stress and credit analysis
  • Fairness opinion framework
  • Lifetime access
PE / LBO Program

Project Savanna

A Leveraged Buyout Simulation
$3,900
One-time. Lifetime access.
Coming soonFull module details
Not yet open for enrollment. Email admissions to be told when it opens.
  • Five deal simulations (PE / LBO)
  • Full LBO model build
  • IRR and returns waterfall
  • Debt schedule and covenant stress
  • Exit multiple sensitivity
  • Private equity careers guide
  • Lifetime access
Venture Capital Program

Project Pixelwave

A Series C Simulation
$3,900
One-time. Lifetime access.
Coming soonFull module details
Not yet open for enrollment. Email admissions to be told when it opens.
  • Four deal simulations (venture capital)
  • Full cap table suite
  • Term sheet negotiation scenarios
  • Anti-dilution models (weighted average and full ratchet)
  • Convertible note and SAFE mechanics
  • VC careers guide
  • Lifetime access
Hedge Fund Program

Langford & Cavendish

A Hedge Fund Redemption Simulation
$5,900
One-time. Lifetime access.
Coming soonFull module details
Not yet open for enrollment. Email admissions to be told when it opens.
  • Six scenario simulations (hedge fund)
  • Long/short equity models
  • Macro and credit strategy frameworks
  • Fund structure and fee mechanics (2 and 20)
  • Redemption and liquidity stress models
  • Hedge fund careers and interview guide
  • Lifetime access

Prices are one-time and shown in US dollars. Modules with an Enroll button are bought online and open in your student portal as soon as payment completes. All names, companies, and figures in every module are fictional and exist for training purposes only.

Live Deal · London · August

The Complete Library

Nobody puts “I bought an online course” on their LinkedIn. The complete library gives you something specific to describe: every model, every simulated live deal, and one week of assessed deal work in our London office. It is how serious candidates prepare for Analyst-level work in London, New York, Zurich, and Stockholm.

The Live Deal week: one week in our London office, in a cohort of twelve. You take an Analyst-level placement on a simulated deal team, working a training case modelled on a real transaction, while senior bankers assess your models, your deck, and your judgment. It is professional training, not employment: there is no client work and no work for any bank.

You leave with senior-banker feedback and graded deal work you can point to when you apply for roles at banks and funds.

  • All five programs and 200+ models
  • Live Deal week in London (August): simulated deal work, cohort of twelve
  • Senior-banker assessment of your Analyst-level deal work
  • Priority residency consideration
  • Named certificate on completion
Also Available

Two Standalone Courses

Complete, self-paced courses on their own subject, sold on their own. Sixteen blocks each, with interactive models, case studies and a final assessment. All names, companies, and figures are fictional and for training purposes only.

Venture Capital Course

Venture Capital Mastery

Operation Catalyst: A Series B Simulation
$3,900
One-time. Lifetime access.
  • Fund structure, LP and GP economics, the J-curve
  • Pre-money and post-money valuation; cap table modelling
  • Term sheets: liquidation preferences, anti-dilution, option pools
  • Convertible notes and SAFEs; diligence metrics
  • Estimated 6 to 8 hours
  • Lifetime access
Debt Capital Markets Course

Debt Capital Markets Mastery

Operation Sovereign: A Bond Issuance Simulation
$3,900
One-time. Lifetime access.
  • Bond fundamentals: coupon, yield, maturity, ratings
  • Yield curve mechanics and credit analysis
  • Syndicate assembly and book-building
  • Structured finance (ABS, MBS, CLOs), covenants, CDS
  • Price a sovereign bond from scratch
  • Lifetime access
What Is Inside

Learn Inside the Deal

Each simulation gives you the models, the deadline, and the judgment call. You work the problem end to end and decide at each step what the model can honestly support.

01

Glacier Point

A $450M IPO Simulation

Seven days before a simulated $450M IPO launches, you find a buried memo: the gross margin the deck promises is not real. Work the problem the way a banker has to.

  • IPO process and S-1 walkthrough
  • DCF engine and WACC construction
  • Cap table and dilution modelling
  • Bookbuilding mechanics
02

Arctic Light

A $17.8B Merger Simulation

A simulated $17.8B all-stock merger where the accretion math only works at a financing rate the market will not give you. The filing is due in 72 hours.

  • Full pro forma model suite (40+ models)
  • Accretion / dilution engine
  • Covenant stress and credit analysis
  • Fairness opinion framework
03

Project Savanna

A Leveraged Buyout Simulation

A private equity firm wants the target at 6.5x EBITDA leverage. Build the LBO, stress the debt waterfall, and find the covenant that breaks in year three.

  • Full LBO model
  • IRR waterfall
  • Debt schedule and covenant stress
  • Exit multiple analysis
04

Project Pixelwave

A Series C Simulation

A simulated $220M Series C with a 3x liquidation preference and full-ratchet anti-dilution. Model the waterfall to exit and see who actually gets paid.

  • Cap table mechanics suite
  • Anti-dilution models (weighted average and full ratchet)
  • Term sheet analysis and negotiation
  • Convertible note and SAFE mechanics
05

Langford & Cavendish

A Hedge Fund Redemption Simulation

Five clients trigger early redemptions at a fictional fund before dawn. Map the risk, model the liquidity spiral, and learn how fund structures behave under stress.

  • Long/short equity models
  • Macro and credit strategy frameworks
  • Fund structure and fee mechanics
  • Redemption and liquidity stress models
Inside the Platform

Work the Way the Desk Works

Every course runs in the Academy's own deal platform: models you build line by line, a football field that redraws as your assumptions move, decision points with consequences, and mentor commentary at the moment you need it.

Valuation engine
Course platform: valuation module with a football-field chart
Three methods, one number to defendDCF, trading comps and precedent transactions, triangulated on a football field before you walk into the board presentation.
Financing structure
Course platform: revolving credit facility schedule and decision panel
A revolver, a covenant floor, a decisionThe facility is 62% drawn and the credit committee call is in an hour. Three options, each with a consequence.
DCF model
Course platform: discounted cash flow build with sensitivity grid
Build it line by lineFree cash flow to firm, WACC, a sensitivity grid and the equity bridge, with a mentor's note on every assumption that matters.
Cap table and term sheet
Course platform: cap table, dilution and liquidation waterfall
Every round dilutes youPost-money cap table, anti-dilution mechanics, the liquidation waterfall and the power-law returns behind the fund's decision.

Screens from the course platform. All companies, deals, people and figures shown are fictional and exist for training purposes only.

How It Runs

Online, Structured, and Graded.

Every student at Swiss Finance Academy gains access to a purpose-built learning platform. Inside your portal, you will find the full course structure, assignments, progress tracking, and direct channels for feedback.

Progress Dashboard. Track your completion across technical modules, case studies, and live assignments.

Feedback System. Get detailed input from instructors and mentors on case submissions and execution quality.

Peer Access. Connect with your cohort, ask questions, share insights, and build a network inside the platform.

Self-paced. Modules are worked through on your own timeline with lifetime access to every model and update.

Swiss Finance Academy is headquartered and administered in Switzerland. Programs are delivered online to participants around the world.

My Courses
Valuation and Financial Modelling68%
Next: Chapter 7, sensitivity analysis
M&A Case Study: Sell-Side Process42%
Next: Draft the information memorandum
Portfolio Construction and Risk23%
Next: Chapter 2, identifying market risks
  • DCF model v2Feedback in
  • Comparables setReviewed
  • Pitch deck draftDue Friday
  • LBO returns memoNot started
  • Study group: valuationLive
  • Mentor office hoursThu 18:00
  • Peer Q&A3 new
Your cohort is online
Teaching Methodology

Hands-On Instruction

Projects, Thorough Research

Projects require thorough research of the related subject matter, careful analysis, and creative problem-solving. They are based on firm valuations, public offerings, M&A transactions, and equity research.

Valuation Projects

Teams create detailed valuation models and prepare written recommendations before negotiations with the counterparties, combining corporate finance and competitive strategy.

Negotiation Simulations

Complex, practical problem-solving experiences: a distressed debt negotiation, a hedge fund strategy, or a research project on the bond market.

Evaluation

Work is assessed on thoroughness of research, quality of analysis, creativity of recommendations, and quality of written deliverables.

Who It Is For

Built for Serious Candidates

Candidates preparing to ace investment banking, trading, and strategy consulting interviews; professionals seeking to master financial and analytical modelling skills with speed and precision; high performers seeking hands-on experience with deal pitches, presentations, and simulations.

01

Final-Year Students

Ready to walk into interviews with confidence and evidence of real technical work.

02

Early-Career Professionals

In banking, private equity, or asset management, looking to formalise and sharpen their skills.

03

Career Switchers

From law, tech, or consulting, building a credible finance foundation from the ground up.

04

International Candidates

Seeking rigorous, practitioner-developed preparation for careers in global finance.

Similar to many investment banks, our programs do not require participants to possess formal knowledge of finance or business; many of our accepted applicants are majoring in areas such as sciences, mathematics, and even literature. A comprehensive coverage of fundamental concepts ensures that within a few days participants become fluent in finance.

A Sample of the Work

See the Kind of Work You Will Do

A valuation walk-through from the course materials: the football-field chart that lays competing valuation methods side by side. The deal modules put you inside exactly this kind of analysis, with a deadline attached.

Course preview: a valuation walk-through from the program materials. Figures are hypothetical.
Also Consider

Related Programs

Flagship

Investment Banking Course

The full program: modelling, deal structuring, and graded casework over 6 or 9 months.

From $4,900
The Book

Private Equity and Advanced Investment Banking: The Sell Side

The companion book on how companies are valued, marketed, and sold.

From $49.11
Flagship

Mentorship Program

One-to-one guidance from a senior finance professional.

From $20,000
FAQ

Questions Before You Apply

No. All names, companies, and figures in every module are fictional and exist for training purposes only. The mechanics are real; the scenarios are not.

Each module is a one-time purchase with lifetime access to the models and frameworks inside it, including future updates to that module.

Each module stands on its own. The Complete Module Suite is all five programs in one enrollment, 26 deal simulations and over 200 models covering the full arc from equity issuance to leveraged exit to fund stress, with lifetime access. The suite also includes the Live Deal week: one week in our London office in August, in a cohort of twelve, taking an Analyst-level placement on a simulated deal team while senior bankers assess your work. It is a training week, not employment: there is no client work and no work for any bank. Dates and availability are confirmed by admissions at enrollment.

No. The modules are self-paced and self-contained. Many participants use them alongside or after the Investment Banking Course; contact admissions if you are unsure which fits.

We keep admissions personal. Apply with your background and goals, and our admissions team will walk you through program fit, format, and timing. Applications are reviewed individually.

Most programs have limited seats. You can apply now, or contact admissions with questions first.

Glacier Point, Arctic Light, Venture Capital Mastery and Debt Capital Markets Mastery are bought online: choose Enroll, create your student login, and pay on Stripe’s secure checkout page. The course opens in your student portal as soon as payment completes. Modules marked coming soon open for enrollment later.

No. Similar to many investment banks, our programs do not require participants to possess formal knowledge of finance or business; many accepted applicants come from sciences, mathematics, and even literature. A comprehensive coverage of fundamental concepts ensures that within a few days participants become fluent in finance.

No. Swiss Finance Academy is an educational academy. Its programs teach how institutions analyse capital and how deals are structured; they are not investment advice, and nothing on this site is an offer or solicitation of any security or investment product.

Something not covered? Email admissions and a person will answer.

Pick a Deal

Apply for a single module or the full suite, or write to admissions if you are not sure where to start.

Apply Contact Admissions