Why Financial Due Diligence Is Essential for Today’s Business Leaders
Financial due diligence is the analytical process that allows investors, acquirers and regulators to evaluate the financial health, risks and opportunities of a target company. For students of Eötvös Loránd University (ELTE) studying economics, finance or related fields, mastering these techniques provides a competitive edge in the Hungarian and global job markets.
In Hungary, where mergers and cross‑border acquisitions are growing, firms increasingly seek talent who can translate raw financial data into strategic insights. A practical, hands‑on learning experience bridges the gap between theory and practice for ELTE students.
Day One – Immersive Learning in Financial Due Diligence and M&A Advisory
On the first day of the two‑day program, Deloitte’s Financial Advisory M&A team guided the students through the full audit cycle.
Strategic Perspective on Acquisitions
The workshop began with a detailed walkthrough of the due‑diligence steps used by Deloitte: from initial target screening to the assessment of financial statements, cash‑flow projections and valuation models. Students examined real‑world case studies and discussed the assumptions and constraints that drive each valuation method.
Hands‑On Application with Deloitte Tools
Participants then worked in teams on a mock acquisition scenario, applying the techniques they had learned. Using Deloitte’s proprietary financial data‑analysis platform, students identified potential revenue streams, cost drivers, and hidden liabilities. This real‑time data exploration illustrated how a rigorous financial audit informs decision‑making in merger negotiations.
Call to Action: If you’re interested in a career that blends analytical rigor with strategic impact, apply to ELTE’s finance programs today and start building the foundations needed for tomorrow’s business challenges.
Day Two – Auditing, Fraud Detection, and Data‑Driven Insight
The second day shifted focus to auditing methodologies and fraud prevention.
Audit Process Overview
Students learned about the organizational structure of a leading audit firm and the roles that professionals play in ensuring compliance and accuracy. The workshop highlighted the importance of internal controls and documented audit evidence.
Detecting Fraud Through Analytics
The seminar explored how data analytics can flag irregularities, such as unusual transaction patterns or inconsistencies in financial statements. Examples of fraud cases were presented, and students were coached on the warning signs auditors look for.
Team Collaboration and Knowledge Sharing
After the theory session, learners were divided into teams to tackle a simulated fraud investigation. The open, collaborative environment encouraged knowledge sharing and real‑time problem solving. Feedback from Deloitte consultants emphasized the value of asking questions and leveraging peer insights.
Identified Skill Gaps and Future Learning Pathways
Students reported several areas where further development would increase their readiness for industry roles:
- Accounting Fundamentals: A deeper grasp of GAAP and IFRS standards will strengthen audit readiness.
- Business Analytics Tools: Fluency in Power BI, Tableau, or other data‑visualization platforms is increasingly demanded by M&A and audit specialists.
- Professional English: Proficiency in technical business English is essential for effective communication with multinational stakeholders.
ELTE offers a range of courses and certifications that address these skill gaps. Students can also explore additional workshops, online courses or volunteer projects that enrich practical experience.
Reflection from an ELTE Student
Levente Márk Marek, a current undergraduate, shared his experience: “The training’s practical approach made the theory tangible. Using real data from a Deloitte engagement highlighted how analytical tools drive the audit process. I now feel more confident pursuing a career in financial due diligence, and I see how crucial continuous learning and language skills are in global finance.”
Take the Next Step in Your Financial Advisory Journey
Whether you are planning to specialize in mergers and acquisitions, audit, or financial consulting in Hungary or beyond, the path starts with a solid educational foundation and targeted experiential learning.
Explore the degree programs offered by ELTE to find the curriculum that matches your career aspirations. View all programs and discover how they align with industry demands.
Interested in mastering the tools used by leading consulting firms like Deloitte? Request more information from ELTE’s career services and learn how to design a learning plan that fits your goals.
Have questions or want to share your learning journey? Write to us today and start a conversation with our academic and career advisors.
Share your experiences and insights with the community in the comments below, and inspire fellow students to pursue advanced financial analysis skills.
