Course List
FINANCIAL STATEMENTS, PROJECTIONS AND ANALYSIS I
Course 2700
Overview
Financial Modeling is the fundamental building block of analysis in Investment Banking. We will take a look at a Fortune 500 company and analyze its financial standing, building a complete financial model as done by Wall Street Analysts.
Required Textbook
“Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul
Written by the Founder and CEO of the prestigious New York School of Finance, this book schools you in the fundamental tools for accurately assessing the soundness of a stock investment. Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. You will construct a full scale financial model and valuation step-by-step as you page through the book.
Topics
-------------------------------------------------------------------------------------------------------------------------------------------------------------
VALUATION AND ANALYSIS I
Course 3700
Overview
Valuation is crucial in investment banking and merger and acquisition analysis. How much is this entity worth? What is the appropriate price of this stock? We will take a look at the Fortune 500 company modeled in the Financial Statements course, analyze its financial standing, and determine if the stock is over or undervalued as done by Wall Street Analysts.
Required Textbook
“Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul
Written by the Founder and CEO of the prestigious New York School of Finance, this book schools you in the fundamental tools for accurately assessing the soundness of a stock investment. Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. You will construct a full scale financial model and valuation step-by-step as you page through the book.
Topics:
-------------------------------------------------------------------------------------------------------------------------------------------------------------
MERGERS AND ACQUISITIONS I
COURSE 4700
Overview
Merger and Acquisitions is a key product in Investment Banking. We will take a look at the fundamental concepts of Mergers and Acquisitions, and understand how to effectively analyze a potential Merger or Acquisition. We will explore the process of looking for targets, including common practices. We will create an accretion dilution analysis, analyzing the fundamental impact of an acquisition, and further build a complete merger model as done by Wall Street Analysts.
Required Textbook
“Mergers, Acquisitions, Restructurings, and Other Divestitures: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul Pignataro
The history of mergers and acquisitions is arguably as long as the history of commerce itself. Over the past century, waves of M&A activity have corresponded with equities markets and have changed with regulatory and market shifts. M&A activity is one major method of providing growth and value to both large and small corporations alike. The Wall Street coveted analysis of understanding the drivers leading to growth through M&A has remained a mystery, until now.
Topics:
-------------------------------------------------------------------------------------------------------------------------------------------------------------
LEVERAGED BUYOUTS I
COURSE 5700
Overview
A Leveraged Buyout is a fundamental, yet complex acquisition commonly used in the Private Equity industry. We will take a look at the fundamental concepts, benefits, and drawbacks of a Leveraged Buyout. We will understand how to effectively analyze a Leveraged Buyout, building a fully consolidated model. We will further analyze the fundamental impact of such a transaction and calculate the expected return to an investor. Lastly, we will spend time interpreting the variables and wide array of financing structures to understand how to maximize IRR.
Required Textbook
“Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul Pignataro
A Leveraged Buyout is a fundamental, yet complex acquisition commonly used in the Private Equity industry. We will take a look at the fundamental concepts, benefits, and drawbacks of a Leveraged Buyout. We will understand how to effectively analyze a Leveraged Buyout, building a fully consolidated model. We will further analyze the fundamental impact of such a transaction and calculate the expected return to an investor. Lastly, we will spend time interpreting the variables and wide array of financing structures to understand how to maximize IRR.
Topics:
-------------------------------------------------------------------------------------------------------------------------------------------------------------
MERGERS AND ACQUISITIONS II
COURSE 4800
Overview
Merger and Acquisitions is a key product in Investment Banking. We will build upon our core knowledge of Mergers and Acquisitions and take a look at more advanced concepts. We will explore various transaction structures, analyzing the financial, tax, and legal implications of each. We will re-create several landmark case studies, building complete merger models as a Wall Street Analyst would in a Bulge Bracket Investment Bank.
Required Textbook
“Mergers, Acquisitions, Restructurings, and Other Divestitures: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul Pignataro
The history of mergers and acquisitions is arguably as long as the history of commerce itself. Over the past century, waves of M&A activity have corresponded with equities markets and have changed with regulatory and market shifts. M&A activity is one major method of providing growth and value to both large and small corporations alike. The Wall Street coveted analysis of understanding the drivers leading to growth through M&A has remained a mystery, until now.
Topics:
-Proctor &Gamble Acquisition of Gillette
-Kraft Acquisition of Cadbury
-Bank of America Acquisition of Merrill Lynch
*Note these are just examples of the many cases we cover. We take Harvard and Kellogg cases and rebuild each scenario from scratch to simulate how a Wall Street analysts role in the deal.
-------------------------------------------------------------------------------------------------------------------------------------------------------------
LEVERAGED BUYOUTS II
COURSE 5800
Overview
A Leveraged Buyout is a fundamental, yet complex acquisition commonly used in the Private Equity industry. We will take a look at the fundamental concepts, benefits, and drawbacks of a Leveraged Buyout. We will understand how to effectively analyze a Leveraged Buyout, building a fully consolidated model. We will further analyze the fundamental impact of such a transaction and calculate the expected Valuing Privately Held Businesses return to an investor. Lastly, we will spend time interpreting the variables and wide array of financing structures to understand how to maximize IRR.
Required Textbook
“Leveraged Buyouts: A Practical Guide to Investment Banking and Private Equity (Wiley Finance)”, Paul Pignataro
A Leveraged Buyout is a fundamental, yet complex acquisition commonly used in the Private Equity industry. We will take a look at the fundamental concepts, benefits, and drawbacks of a Leveraged Buyout. We will understand how to effectively analyze a Leveraged Buyout, building a fully consolidated model. We will further analyze the fundamental impact of such a transaction and calculate the expected return to an investor. Lastly, we will spend time interpreting the variables and wide array of financing structures to understand how to maximize IRR.
Topics:
-Berkshire Partners Buyout of Carters
-TPG Buyout of Billabong
*Note these are just examples of the many cases we cover. We take Harvard and Kellogg cases and rebuild each scenario from scratch to simulate how a Wall Street analysts role in the deal.
More Information
Testimonials
IBD in HK this summer! This is so exciting!” Jamie
Goldman Sachs
for IBD in NYC. I couldn't have gotten here without your help.” Nomura