Program Brief

A company's IPO is one of the biggest strategic decisions it can make during its financial lifespan and is considered the best way to raise capital and expand in the future. Due to the rapid growth of the financial markets، private companies were able to obtain liquidity، expand their shareholder base، and introduce radical structural and operational changes through public offerings. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs.

Program Topic
  • Trading and Investment
Program Goals

At the end of the training program, the participant should be able to:

  • Acquiring the knowledge, skills, and mechanisms necessary to successfully complete the public offering deals.
  • Acquiring the necessary knowledge and skills to sign agreements with companies to manage public offerings.
  • Assessment of the companies' readiness to convert to listed joint stock companies.
  • Understand the public offering mechanism & IPO stakeholders’ responsibilities.
  • Presenting a public offering to qualified investors and individuals by preparing an appropriate program.
  • Comprehensive knowledge of the characteristics of the main market and the parallel market.
Program Agenda
Module 1: Origination
  • 1 IPOs at a glance

    • 2 The Issuer

      • 3 Key IPO Advisors

        • Issuer External Auditor (IPO related scope)

          • Financial Advisor (One Advisor with Multi-Roles)

            • Issuer Legal Advisor

              • Financial Due Diligence Advisor

                • Market Study Advisor

                  • Underwriter’s Legal Advisor (Key Market)

                    • PR Advisor

                    • 4 Regulators

                      • Capital Market Authority (“CMA”)

                        • "Saudi Exchange Company “Tadawul

                          • Other Regulators

                          • 5 Investors

                            • Key Institutional Investors Profiles

                              • Retail Investors

                              Module 2: IPO Regulatory
                              • 1 Issuer Obligations

                                • Application for Listing of Shares

                                  • Board Duties

                                  • 2 Financial Advisor Obligations

                                    • Due Diligence Letter

                                      • Underwriting Letter

                                        • Confirmations submitted to the Regulator

                                        • 3 Legal Advisor Obligations

                                          • Due Diligence Letter

                                          • 4 Main

                                            • The Issuer

                                              • Financial Advisor

                                                • Due Diligence Advisors

                                                  • Investors

                                                  • 5 IPOs Origination

                                                    • Understanding IPO objectives

                                                      • Pitching IPO Proposals

                                                        • Key Transaction Considerations

                                                          • IPO Readiness

                                                            • Credentials

                                                              • IPO Roadmap

                                                              • 6 Study Cases

                                                                Module 3: Due Diligence
                                                                • 1 Financial Due Diligence (“FDD”)

                                                                  • Managing Financial Due Diligence Process

                                                                    • Reviewing FDD Report

                                                                      • FDD Lessons Learnt from Previous Transactions

                                                                        • Remedial plan to address findings

                                                                          • Using FDD report to enhance prospectus disclosure

                                                                            • Reviewing MD

                                                                              • Tax Due Diligence Overview

                                                                                • Study Cases

                                                                                • 2 Legal Due Diligence (“LDD”)

                                                                                  • Managing Legal Due Diligence Process

                                                                                    • Reviewing LDD Report

                                                                                      • Related Party Transactions

                                                                                        • Remedial plan to address findings

                                                                                          • Using LDD report to draft prospectus

                                                                                            • Study Cases

                                                                                            • 3 Market Study

                                                                                              • Managing Market Due Diligence Process

                                                                                                • Reviewing Market study

                                                                                                  • Using the market study for the IPO deliverables: market section، business plan

                                                                                                  Module 4: Preparation of Prospectus (in Arabic)
                                                                                                  • 1 Equity Story Illustration

                                                                                                    • Corporate Strategy

                                                                                                      • Investment Thesis

                                                                                                      • 2 Risk Factors: Protecting Issuer Board of Directors

                                                                                                        • General Risks Factors

                                                                                                          • Specific Risk Factors

                                                                                                            • FDD Open Findings

                                                                                                              • LDD Open Findings

                                                                                                                • Lessons Learnt from Previous Prospectuses

                                                                                                                • 3 Management Section: A Key Determining Factor for Investors

                                                                                                                  • Importance of Organizational Structure

                                                                                                                    • Board of Directors

                                                                                                                      • Management Section

                                                                                                                        • Corporate Governance Disclosure

                                                                                                                          • Key Board Resolutions

                                                                                                                          • 4 MD

                                                                                                                            • Revenues Breakdown

                                                                                                                              • MD

                                                                                                                                • Lessons Learnt from Previous Transactions

                                                                                                                                  • Study Cases

                                                                                                                                  Module 5: IPO Valuation
                                                                                                                                  • 1 Preliminary Valuation Views

                                                                                                                                    • Business Plan

                                                                                                                                      • DCF

                                                                                                                                        • Comparable

                                                                                                                                          • Other Considerations

                                                                                                                                          • 2 CMA Submission Documents

                                                                                                                                            • Company’s resolutions

                                                                                                                                              • Board Declarations

                                                                                                                                                • Advisors Consent Letters

                                                                                                                                                  • Advisors Due Diligence Letters

                                                                                                                                                    • Underwriting Letter

                                                                                                                                                      • Prospectus

                                                                                                                                                        • Legal File

                                                                                                                                                          • Other Documents

                                                                                                                                                          • 3 Tadawul Submission Documents

                                                                                                                                                            • Company’s Annex

                                                                                                                                                              • Legal File

                                                                                                                                                                • Other Documents

                                                                                                                                                                Module 6: Investors’ communication
                                                                                                                                                                • 1 Early Look Presentation:

                                                                                                                                                                  • Investors Profiling

                                                                                                                                                                    • Meeting Objectives

                                                                                                                                                                      • ELP Content

                                                                                                                                                                      • 2 Bookrunners Appointment

                                                                                                                                                                        • Objectives

                                                                                                                                                                          • Importance of Research Analysts

                                                                                                                                                                            • Importance of Organizational structure

                                                                                                                                                                              • Board of Directors

                                                                                                                                                                              • 3 Research Analysts

                                                                                                                                                                                • Research Reports Added Value to the IPO

                                                                                                                                                                                  • Analyst Presentation process

                                                                                                                                                                                  • 4 Pilot Fishing to Build “Anchor” Demand Base: Marketing Plan

                                                                                                                                                                                    • Intention To Float (“ITF”)

                                                                                                                                                                                      • Research Reports Publication

                                                                                                                                                                                        • Investor Communication

                                                                                                                                                                                          • Roadshows

                                                                                                                                                                                            • Retail Subscription

                                                                                                                                                                                              • Allocation

                                                                                                                                                                                              Program Requirements
                                                                                                                                                                                              • The exam applicant must have a high school Degree

                                                                                                                                                                                              -

                                                                                                                                                                                              Program Method
                                                                                                                                                                                              • Lecture
                                                                                                                                                                                              • Case Studies
                                                                                                                                                                                              • Dialogue Teams
                                                                                                                                                                                              • Exercises and assignments
                                                                                                                                                                                              Evaluation Method
                                                                                                                                                                                              • Pre Exam
                                                                                                                                                                                              • Post Exam
                                                                                                                                                                                              • Discussion Panel
                                                                                                                                                                                              • Research or Project
                                                                                                                                                                                              Training Type
                                                                                                                                                                                              • In Class Training
                                                                                                                                                                                              • Online Training

                                                                                                                                                                                              Add Comment

                                                                                                                                                                                              CAPTCHA

                                                                                                                                                                                              Realted Program

                                                                                                                                                                                              Portfolio Management

                                                                                                                                                                                              Investment opportunities in the financial markets allow you to choose between the shares of many companies listed in the financial markets, and they are usually exposed to different levels of risk and varying levels of returns. Given that the investment options available to the investor are many and different and may reach dozens of stocks and investment funds; This program has been designed to build and manage investment portfolios in line with the types and requirements of investors in the financial market according to the different models for managing the risks related to them to achieve the targeted returns for investors.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Planning and Innovation Skills

                                                                                                                                                                                              Innovative thinking and planning are among the most important tasks in the business system. Innovation is an urgent necessity for continuity and growth. This program focuses on identifying the strengths, weaknesses, opportunities, and threats facing the organization. In addition to defining goals, how to formulate them and building plans according to the administrative level, identifying the elements of the planning process and integrating innovative thinking in the planning stages to ensure creative results.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Risk Based Internal Audit Plan Preparation

                                                                                                                                                                                              The risk-based internal audit plan plays a vital role in financial institutions by analyzing and evaluating potential financial and operational risks, thereby enhancing compliance with financial laws and regulations, and contributing to making sound strategic decisions that ensure sustainability and success. This program provides participants with the best practices and tools for Risk Based Audit planning aligned with the organization's strategic objectives. Participants will be exposed to international best practices for internal control systems’ and governance frameworks’ assessment to enable participants to help their organizations to improve the effectiveness and efficiency of the control operations and increase the likelihood of achieving those strategic objectives.

                                                                                                                                                                                              Details

                                                                                                                                                                                              IPO Masterclass for Professionals

                                                                                                                                                                                              A company's IPO is one of the biggest strategic decisions it can make during its financial lifespan and is considered the best way to raise capital and expand in the future. Due to the rapid growth of the financial markets، private companies were able to obtain liquidity، expand their shareholder base، and introduce radical structural and operational changes through public offerings. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Fundamentals of Internal Auditing

                                                                                                                                                                                              The internal audit contributes to verifying that the establishment is committed to implementing the internal control systems represented by the policies and procedures established by the management; in order to protecting the assets of the facility and ensuring that it achieves its operational objectives. This program provides participants with the fundamental requirements of internal auditing, starting with the modern concept of internal audit, then standards and procedures for carrying out audit tasks, preparing the plan, designing worksheets, selecting samples, collecting evidences and documentation, and then preparing internal audit reports.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Anti-Money Laundering and Terrorist Financing- Advanced Level

                                                                                                                                                                                              Fighting money laundering and terrorist financing is a priority for the international community; since these financial crimes threaten the integrity and stability of the financial system and the economy in general, they can also affect the integrity and stability of financial institutions, discourage foreign investment, and distort international flows. As a result, the affected country experiences dire financial instability and poor economic performance. This program deeply explains AML & CTF standards and respective risk management in financial institutions. The program also explains pertinent local and international legislations and leading practices, as well as, the preparation and implementation of ML and TF risk-based programs, including “Know Your Customer” and “Customer Due Diligence” requirements.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Underwriting Practice (M80)- Dip. CII

                                                                                                                                                                                              The Diploma in Insurance is a technical and supervisory qualification for insurance staff working across all sectors of the industry, and the logical progression from the Certificate in Insurance. The Diploma will provide you with a firm understanding of insurance fundamentals and will enable you to build towards advanced technical knowledge, thereby ensuring you have the means to function effectively in a challenging environment. Underwriting Practice (M80) unit counts towards a Diploma in Insurance, it may also count towards the Advanced Diploma in Insurance. Through this training program, participants will understand the principles and practices of underwriting and the environment within which they operate.

                                                                                                                                                                                              Details

                                                                                                                                                                                              CMA Advance Qualification Examination in Compliance

                                                                                                                                                                                              This training program is to provide participants with knowledge and skills necessary to pass the Advanced Qualification Exam in Compliance, presented by the CMA and TFA. The exam is tailored for CMA-licensed compliance and AML officers. This program is designed to familiarize participants with the regulatory environment for financial services as well as local and international regulations, as well as to promote compliance & governance culture, understanding of risks, and shows how to establish an effective compliance function, in addition to identifying key skills in combating main financial crimes.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Private Investing: From Inception to IPO

                                                                                                                                                                                              This comprehensive training program, "Private Investing: From Inception to IPO," is designed to provide participants with an in-depth understanding of the private investment landscape. Spanning three days, the program covers the full spectrum of early-stage investment processes in the financial sector. Participants will gain valuable insights into evaluating investment opportunities, conducting due diligence, and assessing risks. The program delves into the roles of venture capital and private equity in scaling financial businesses, highlighting the importance of governance and ethical practices in preparing for an IPO.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Credit Analysis and Decision-Making Mechanisms

                                                                                                                                                                                              Choosing the right credit decision is the first line of defense for preserving lenders' capital, protecting creditors, and maximizing profitability for the bank. In this program, the participant gets familiar with the stages of credit decision-making according to the approved credit policy, the latest strategies for analyzing and calculating credit risks, local and international controls and standards, to be able to make a correct and successful credit decision that controls the expected risks.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Preparing Financial Reports

                                                                                                                                                                                              The financial reports issued by the facility are considered as the outputs of its accounting system through which the results of the financial events related to the reporting period are presented and that help the beneficiaries of those reports to judge the state of the facility in terms of financial balance and the structure of financing the acquisition of assets, as well as showing its ability to generate revenue, and enables them From the analysis of the cost component structure. This training program is designed to provide participants with the knowledge and skills necessary to read and understand the components of financial reports and how to prepare them, and to review the most important presentation and disclosure requirements for international accounting standards and financial reporting standards.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Effective Manager

                                                                                                                                                                                              Effective management has always been an important part of the working life of employees, as motivation, enthusiasm and productivity are closely related to how efficient and effective a manager is. The manager is not only responsible for the management’s output and reports, but also the responsibility of supporting and empowering employees by understanding their needs, motives, and guiding them in areas where they need to develop. The best leaders are those who communicate effectively with their employees and have high levels of emotional intelligence. So, what are some characteristics of an effective manager and how should he motivate and empower his employees and team members to achieve the best results? This training program focuses on effective management methods and basic skills for managers, as well as a review of the concepts and methods of guidance and how to set smart goals for employees, in addition to identifying motivation methods and its obstacles, and addressing the challenges facing managers to increase their ability to empower employees and direct them towards achieving the organization's desired goals.

                                                                                                                                                                                              Details

                                                                                                                                                                                              CMA Advanced Qualification Examination in AML/CTF

                                                                                                                                                                                              This training program is to provide participants with knowledge and skills necessary to pass the Advanced Qualification Exam in AML/CTF, presented by the CMA and TFA. The exam is designed for CMA-licensed compliance and AML officers. This program is tailored to familiarize participants with AMC/CTF international and KSA efforts, as well as the National AML Framework. It also provides participants with key AML/CTF skills, identifies Customer Due Diligence and suspicious activities reporting.

                                                                                                                                                                                              Details

                                                                                                                                                                                              Digitalisation of Fund Management

                                                                                                                                                                                              This comprehensive program is designed to explore the transformative impact of technology on the fund management industry over the past two decades. This course will provide an in-depth overview of both technology and regulatory trends, highlighting key changes that have shaped the digital era. We will delve into enduring themes such as data, resilience, and connectivity, and discuss the importance of regulatory consistency. The program will also examine the implications of real-time connectivity, including the necessary technological and policy frameworks, obstacles, and risks, and how these can be leveraged in fund management for strategy, trading, risk management, and liquidity management. We will take a closer look at distributed ledger technologies (DLT), assessing their progress, limitations, and potential for liquidity management. Additionally, we will cover global regulatory trends with a focus on transparency and ESG. A dedicated section on AI will explore its applications, challenges, and opportunities in the investment world. Finally, we will address the organizational and operational challenges in a rapidly evolving landscape, emphasizing risk and governance, talent management, and the importance of building a learning organization.

                                                                                                                                                                                              Details
                                                                                                                                                                                              We value your feedback

                                                                                                                                                                                              Dear visitor, we hope that you will participate in improving and developing the services provided by the academy on the website.

                                                                                                                                                                                              Was it easy to find what you were looking for on the Academy's website?
                                                                                                                                                                                              Was the information presented on the Academy’s website sufficient and useful?
                                                                                                                                                                                              Please share with us your suggestions for developing the website
                                                                                                                                                                                              Thank you!