Basics of Investment Banking (2235.YR.014625.1)
General information
Type: |
OPT |
Curs: |
2,3,4 |
Period: |
S semester |
ECTS Credits: |
4 ECTS |
Teaching Staff:
| Group |
Teacher |
Department |
Language |
| Year 2 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
ENG |
| Group |
Teacher |
Department |
Language |
| Year 3 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
ENG |
| Group |
Teacher |
Department |
Language |
| Year 4 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
ENG |
Course Learning Objectives
This course explores the basics of how investment banking services are delivered and how to start a career in investment banking or private equity. After this course, you will have the skills to start a successful career in Investment Banking and Corporate Finance. The focus will be on Investment Banking deal?making. Both numbers and understanding financial theories and their limitations. Students will be asked to engage in critical thinking about financial tools and methods.
CONTENT
1. Build some financial models from scratch (shown step-by-step) |
2. Explain the mechanics of an Initial Public Offering |
3. Explain the mechanics of a bond offering |
4. Explain loan syndication and who participates in the syndicate |
5. Understand securitization and explain why banks use securitization |
6. Learn why companies buy other companies: identify successful M&A transactions |
7. Become familiar with trading and the securities traded on Financial Markets |
8. Understand asset management services: be able to describe asset management vehicles and expected rates of return |
Methodology
The course has been designed on three levels in order to promote understanding and the implementation of the basic concepts.
The syllabus has therefore been designed to include:
1.A theoretical level: Theoretical concepts are formally presented and then applied by means of examples. In order to do so, students will be provided with materials that are used in class to develop each subject.
2.A self¬ learning level: Students will be given reading assignments on both theoretical and research contents which will provide them with in depth knowledge of the topics that are covered in class.
3.A relational or group level: The course makes use of the case study methodology whereby students working in groups can analyze, propose and put forward solutions to the cases they have been assigned
Assessment criteria
The course grade will comprise:
- Participation: 5%
- Assignments: 45%
- Final exam: 50%
Participating in class is important since you are sharing your knowledge, opinions and views with the rest of the participants. Participation will take into account your contribution in the classroom session or through video-conferencing if you cannot be physically present at ESADE.
A good contribution to class participation will benefit the whole class and not just the student who speaks. Listening is also an essential component of learning. The class participation grade will be "standardised? in relation to the other students in the class.
The final individual exam is a combination of various types of questions, both quantitative and qualitative. During the exam, students are allowed a calculator.
The two types of evaluation are as follows:
1. Ordinary evaluation.
A minimum score of 5 is required both in the final exam and in the average (applying the weights mentioned above) in order to pass the course. The grading criteria can be summarized as follows: if both the final exam grade and the overall average grade are above 5 then the final grade is the average grade. Otherwise, the final grade is the minimum of the final exam grade and the overall average grade.
2. Retake.
If a retake exam is needed (only in cases where the student failed the ordinary evaluation), the final course grade will be determined by:
- In case the student received an APZ (it means that the previous exam was postponed but justified by medical or family-related reason and approved by Program Management), the original breakdown will be maintained.
- In case the student received an NP (it counts 0; not justified absence in the previous exam) or FAIL, the retake will count 100% as the final grade of the course.
Timetable and sections
| Group |
Teacher |
Department |
| Year 2 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
Timetable Year 2
From 2024/2/12 to 2024/3/18:
Each Monday from 8:00 to 10:30.
From 2024/4/8 to 2024/4/29:
Each Monday from 8:00 to 10:30.
| Group |
Teacher |
Department |
| Year 3 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
Timetable Year 3
From 2024/2/12 to 2024/3/18:
Each Monday from 8:00 to 10:30.
From 2024/4/8 to 2024/4/29:
Each Monday from 8:00 to 10:30.
| Group |
Teacher |
Department |
| Year 4 |
Alberto Ribo Ramón |
Economía, Finanzas y Contabilidad |
Timetable Year 4
From 2024/2/12 to 2024/3/18:
Each Monday from 8:00 to 10:30.
From 2024/4/8 to 2024/4/29:
Each Monday from 8:00 to 10:30.
