Investment Banking

A career in Investment Banking is highly rewarding. This course has been curated after discussions with investment bankers who have advised companies on a broad range of transactions involving mergers, acquisitions, IPO, joint-ventures, carve-out etc

The course is taught by faculty who have trained more than 50,000 students over 20 years. The focus is on teaching how to apply the concepts rather than understanding just the theoretical framework. There are more than many jobs in this field but finding skilled people is difficult. Most people have a high-level view of banking instead of the industry knowledge to close a deal.

USP of this Course

Guaranteed Internship

Learn from faculty who have done Investment Banking

Live online classes saving you the hassle of travelling

One-on-one mentoring from faculty

Career Support

Applications

Mergers and Acquisition - create the football field highlighting the valuation using different techniques

Equity research - is a stock price high or low as compared to the financial projections?

IPO Analysis - identify the intrinsic value of a private company and price its share

Course Content

Module 1:

• Profit & Loss statement, Balance Sheet and Statement of Cashflow
• Net Present Value, Internal Rate of Return and Payback Period
• Annuity and Perpetuity

Module 2:

• Capital Asset Pricing Model
• Return on debt and credit rating
• Weighted Average Cost of Capital
• Enterprise value ratios – EV/EBITDA etc.
• Conversion of Options (ESOPS) to stocks
• Purchase of company using Cash and /or Stock

Module 3:

• Discounted Cashflow Method
  • • Forecast the Free Cash flow
    • Determine Enterprise Value
    • Compute the perpetuity and exit multiples
    • Conduct a sensitivity analysis
    • Compute the share price

Module 4

• Precedent Comparable and Trading Comparable
  • • Identify companies which can be compared
    • Select the ratios based on industry – GMV, ARPU etc.
    • Determine the valuation range based on multiples

Module 5

• Leverage Buyout Model
  • • Debt Structure and Equity Sponsor
    • Prepare Debt Repayment Schedule
    • Establish cashflows, income statement and balance sheet
    • Create transaction sheet with entry and exit multiples
    • Conduct sensitivity analysis and compute the IRR

Module 6

• Football Field – comparing valuation using all 4 models
• Buy Side M&A
• Sell Side M&A
• Due Diligence and Regulations

Guest Lectures

Industry veterans’ would share their experience in the industry. This will be an opportunity to ask questions and network with professionals.

Evaluation

Complete all models in Excel and submit it to EdLightened for evaluation.

Course Delivery

The course is delivered over Zoom. Video recordings can be accessed post the class. A separate WhatsApp group will be formed with students who have enrolled for the class. Excel sheets will be shared prior to each session. You can speak to the course faculty at any time that you wish. It is expected that the course will take about 12 hours to complete. 

Pay the registration fees and you will be registered for the course.