Investment Banking

Investment Banking --- The goal of this course is to provide a broad introduction to the investment banking and private equity industry, including capital raising and mergers and acquisitions. In the first half of the course, we will discuss the process of raising capital - from venture capital financing for early-stage startups, to the going public decision and the IPO process, and to seasoned equity offerings and debt issues for more mature firms. In the second half of the course, we will discuss mergers and acquisitions, including LBOs. Throughout the course, there will be a focus on different valuation techniques, which we will apply both to capital raising and M&A scenarios. We will also discuss the bankruptcy process and distressed investing, as well as corporate governance. The course will be a combination of lectures, case study discussions, and discussions of current events relevant to the course topics.