Investment Banking

Catalog description

This course focuses on capital markets, investment banking and specifically the rise of private equity (venture capital, hedge funds and private equity buyout funds). We will examine how current and historical events are reshaping capital markets and highlight the basic analytics of debt and equity underwriting, venture capital funding, initial public offerings, leveraged buyouts and mergers and acquistions. The course will focus on financial tools, techniques, and best practices used in buyouts (financial buyers) and acquisitions (strategic buyers) and touch upon various strategic, organizational, and general management issues alternative asset managers use. It will explore how different players in capital markets approach the process of finding, evaluating, and analyzing opportunities; how different players structure deals and how deal structure affects both value creation and value division; how they add value after transaction completion; and how they realize their ultimate objectives (such as enhanced market position or a profitable exit).Two projects and one team project will be assigned that will give you deeper exposure to analytic techniques and dealmaking skills related to the course.