Investment Banking Learning Path: Practical Skills Mastery

IB| Excel| FSA| Modeling| Valuation| MBO| M&A| IPO| PE| LBO| VC| Pitchbook| Portfolio| Fin. Instruments| Restructuring

What you'll learn

Introduction to Investment Banking: Overview of investment banking roles, functions, and how banks facilitate financial transactions.

Financial Statement Analysis: Learning to analyze balance sheets, income statements, and cash flow statements for business insights.

Valuation Techniques: Understanding DCF, comparable company analysis, and precedent transaction analysis for valuing businesses and assets.

Mergers and Acquisitions (M&A): Exploring M&A strategies, deal structuring, and the financial modeling involved in transactions.

IPO and Equity Offerings: Understanding the process, pricing, and strategy behind initial public offerings and equity raises.

Debt Capital Markets: Introduction to bonds, loans, and other debt instruments, plus techniques for debt structuring.

Financial Modeling: Building financial models from scratch, including revenue, expense, and cash flow projections.

Leveraged Buyouts (LBOs): Analyzing leveraged buyout structures, including financing, exit strategies, and risk assessments.

Pitchbook and Presentation Skills: Crafting pitchbooks for investment banking proposals and mastering presentation techniques.

Industry Insights and Trends: Exploring major sectors, market trends, and economic indicators impacting investment banking.

Ethics and Professional Conduct: Emphasizing best practices, regulatory compliance, and ethical considerations in investment banking.

Requirements

Basic Financial Knowledge: Familiarity with accounting principles, financial statements, and basic finance concepts (e.g., balance sheets, income statements, etc.).

Mathematical Skills: Comfort with mathematics, especially in areas like percentages, ratios, and basic algebra, which are key for financial modeling.

Microsoft Excel Proficiency: A working knowledge of Excel, as it is essential for financial modeling, data analysis, and calculations.

Analytical Skills: Strong analytical skills will be helpful, particularly for understanding complex financial data and market trends.

While prior exposure to finance or economics is helpful, it’s not mandatory, as the course starts with foundational topics and gradually builds up to advanced concepts.

Description

IntroductionInvestment banking is a dynamic and multifaceted field that drives financial markets and corporate growth through services like underwriting, mergers, acquisitions, and capital raising. This course is designed to offer a comprehensive overview of investment banking, beginning with fundamental concepts, distinctions between types of banks, and insights into the intricate roles within an investment bank. By the end, students will not only understand the industry structure but also gain hands-on skills in financial analysis and modeling using tools such as MS Excel.Section 1: Introduction to Investment BankingIn this introductory section, we delve into the core functions of investment banking and its essential role in the global economy. Starting with an overview, students learn the key differences between investment banks and other types of banks, including retail and commercial banks. Following this, we discuss the buy-side and sell-side of investment banking, covering asset management companies (AMCs), and examine how research supports investment decisions. The section also explores roles in sales, trading, and equity research, highlighting how banks help companies raise capital through IPOs and private placements. Students will gain insight into underwriting processes and understand the roles of market makers and M&A advisors. Lastly, we break down the structure of an investment bank, helping students grasp how various divisions operate synergistically to support clients' financial goals.Section 2: MS Excel for Investment Banking AnalysisExcel is an indispensable tool in investment banking analysis, and this section introduces students to essential Excel skills. Beginning with the basics, students learn about navigating Excel’s interface, formatting data, and performing fundamental mathematical operations. They move on to advanced functions, including conditional formatting, pivot tables, and chart creation, which are vital for data visualization. Practical applications include working with complex formulas, logical functions like IF and SWITCH, and data validation. By the end of this section, students will have gained robust Excel skills, enabling them to analyze and present financial data effectively.Section 3: Financial Statements & Analysis (FSA) FoundationFinancial statements provide critical insights into a company’s performance and are central to investment banking analysis. This section covers the primary financial statements: the income statement, balance sheet, and cash flow statement. Students learn the structure and components of each statement, from revenue recognition to the importance of cash flows, and gain a deep understanding of accounting principles. By analyzing real-world examples, they explore how these statements fit into the business cycle and support financial decision-making.Section 4: FSA - Income StatementIn this section, students delve into the income statement, starting with basic formats and calculations for profit margins. Topics include non-recurring items, changes in accounting estimates, and various methods of revenue recognition, such as percentage completion and installment methods. By analyzing a company's income statement before and after adjustments, students gain practical skills in income statement analysis and learn to evaluate profitability more effectively.Section 5: FSA - Balance SheetThis section covers the intricacies of the balance sheet, focusing on assets, liabilities, and equity. Students learn about current assets like cash and receivables, inventory valuation, and long-term assets such as goodwill. They also explore current and long-term liabilities, risk profiles, and shareholder equity. Through case studies, students gain insights into real-world applications, enabling them to assess a company’s financial health accurately.Section 6: FSA - Cash Flows AnalysisThe cash flow statement is crucial in assessing a company’s liquidity and financial flexibility. Students learn to prepare cash flow statements using both the direct and indirect methods and gain a comprehensive understanding of cash flows from operating, investing, and financing activities. Through exercises and real-world examples, they become adept at analyzing cash flow trends and their implications.Section 7: FSA - FSA TechniquesIn this section, students are introduced to foundational FSA techniques such as horizontal and vertical analysis, which help in understanding changes in financial data over time. The course also covers ratio analysis, including activity, liquidity, solvency, and profitability ratios. By analyzing cash conversion cycles, working capital, and returns on equity, students develop skills to evaluate a company's operational efficiency and financial stability.Section 8: FSA - Earnings Per Share (EPS)Understanding Earnings Per Share (EPS) is essential in valuing a company. This section explains basic and diluted EPS, showing how factors like stock dividends and stock splits affect EPS calculations. Students work through practical examples, including stock options and convertible securities, to understand how EPS reflects a company's profitability and performance.Section 9: Income Tax - Understanding Income Tax ConceptsInvestment banking analysis requires a solid grasp of tax implications on financial statements. This section introduces deferred tax assets and liabilities, valuation allowances, and the impact of tax rate changes. Students learn how to interpret tax effects on the financial statements, gaining a well-rounded understanding of corporate tax considerations.Section 10: Shareholder’s EquityIn this section, students explore components of shareholder equity, including common and treasury stock, retained earnings, and dividends. They learn about comprehensive income, preference shares, and stock splits, equipping them to assess changes in ownership value and the impact on shareholder wealth.Section 11: Equity Research & Financial Modeling - Tesla Inc.The course culminates with a capstone project focused on Tesla Inc. Students conduct an in-depth equity research analysis, analyzing Tesla's historical data, sales performance, and financial statements. They learn to project revenue, forecast operating expenses, and develop a comprehensive financial model for Tesla, using techniques covered throughout the course.Section 12: Valuation Techniques - DCFThis section focuses on the Discounted Cash Flow (DCF) method, a fundamental valuation technique used to estimate the value of an investment based on its expected future cash flows. The lectures introduce DCF concepts, including terminal value, cost of capital, net debt, and sensitivity analysis, and walk students through the detailed steps of predicting cash flows and determining terminal values. Real-world case studies are employed to provide practical experience, enabling students to gain hands-on knowledge in applying DCF for valuation. Additionally, there’s a comparison between DCF and other valuation methods, such as comparable company analysis.Section 13: Valuation Techniques - Relative ValuationIn this section, students delve into relative valuation, which involves comparing a company’s value with that of similar entities to determine its worth. Various multiples, like P/E ratio, EV/EBITDA, and P/B ratio, are examined alongside their advantages and limitations. The lectures also cover methods for finding comparable companies, equity value vs. enterprise value, and benchmarking. Practical exercises involve analyzing real companies' financial data, helping students understand how to apply these techniques effectively.Section 14: Management Buyout (MBO)This section explores Management Buyouts (MBOs), where a company’s management team purchases the organization. The topics cover the MBO process, types of buyouts, funding sources, valuation, and price determination. Using examples, students learn about financing options, capital gains, and acquisition pricing. The lectures also discuss scenarios where MBOs may be favorable, along with potential challenges and criteria for successful buyouts.Section 15: Bankruptcy Liquidation and Corporate RestructuringThis section discusses the financial distress stages and corporate restructuring options. Students learn about bankruptcy types, insolvency concepts, liquidation, and related calculations, including the Z-Score model and Absolute Priority Rule (APR). Emphasis is placed on restructuring methods, salvage value, and reorganization of unsecured debt. These topics are illustrated with real-world cases to build understanding of managing distressed assets.Section 16: Funding Mergers and AcquisitionsIn this section, students explore funding strategies for mergers and acquisitions (M&A), including stock swaps, cash payments, and external commercial borrowing. The lectures examine the effects of M&A on earnings per share (EPS) and total earnings. Various payment methods are discussed, and students gain insight into how financing decisions affect merger outcomes. Practical examples aid in understanding how M&A is financed and its impact on both companies involved.Section 17: Investment Banking Case Study - HP and CompaqUsing the case of HP and Compaq’s merger, this section provides an in-depth look at M&A from an investment banking perspective. Topics covered include outstanding shares, tax implications, market reactions, stock and cash payment options, and capital structure impacts. The analysis aims to highlight the complex decisions and consequences surrounding a high-profile merger.Section 18: Leveraged RecapitalizationThis section covers leveraged recapitalization, a strategy in which a company restructures its capital by increasing debt to pay dividends or repurchase shares. Topics include the purpose and process of leveraged recapitalization, asset and liability restructuring, and ways of executing a leveraged recap. Students learn through case studies, including Sealed Air Corporation, to understand how leveraged recapitalizations can impact shareholders and overall financial strategy.Section 19: Mergers and Acquisitions (M&A)Students explore various aspects of M&A, including types of mergers (horizontal, vertical, and conglomerate), parties involved, and synergies created. The section introduces metrics like the Herfindahl-Hirschman Index for measuring market concentration and discusses earnings bootstrapping. Real examples and scenarios help illustrate M&A dynamics.Section 20: Cash Flow and Comparable CompaniesThis section emphasizes free cash flow and comparable company analysis (CCA) as key metrics in valuation. Students learn about calculating cash flow, analyzing companies, and understanding the advantages and limitations of CCA. Lectures cover acquisition costs and other factors that can impact valuation and investment decisions.Section 21: Goodwill and AcquisitionThis section explores goodwill in the context of acquisitions, discussing how goodwill is calculated and its accounting implications. Topics include divestitures, restructuring, and tax considerations. Comparable transaction analysis is also introduced to help students evaluate acquisition value based on similar deals.Section 22: Synergy and its BenefitsStudents examine synergies in M&A, focusing on how combined assets can create value beyond standalone capabilities. Topics include value generation, cost reduction, and operational and financial restructuring. Case studies, especially from East Asia, provide examples of how synergies drive strategic mergers.Section 23: Securing Asset LendersThe final section discusses asset-backed lending, mezzanine, and subordinated debt as tools for securing company assets and fostering growth. The lectures also cover corporate restructuring strategies in international contexts, examining findings from the UK and Canada. Various debt structures and growth types are discussed as means of achieving corporate control and strategic restructuring.Section 24: Capital Market & Financial InstrumentsIn this section, we explore the intricate world of capital markets and the diverse financial instruments that operate within them. The opening lectures provide an introduction to financial markets, discussing their critical role in the economy, and classify them into various types. We differentiate between the money market and the capital market, outlining their unique functions and characteristics. The capital markets are further dissected into equity markets, debt markets, and derivative markets, with detailed discussions on the instruments prevalent in these areas. A key focus is on equity shares, covering their defining characteristics, advantages for both issuers and investors, and the potential disadvantages that issuers may face. Preference shares are also examined, detailing their types, characteristics, advantages, and disadvantages for both issuers and investors.Debentures take center stage next, with an in-depth analysis of their characteristics, advantages, disadvantages, and classifications. This discussion extends into the realm of derivatives, where we explore their characteristics, advantages, disadvantages, and classifications, offering a comprehensive understanding of these complex financial instruments.The section also encompasses mutual funds, defining their structure, advantages, disadvantages, and classifications. Capital market intermediaries are introduced, with a series of lectures dedicated to their various roles in the market ecosystem. The intricacies of stock exchanges and the trade life cycle are explored, detailing the processes from order types to corporate actions, culminating in a thorough examination of the regulatory environment that governs capital markets.Section 25: IPO - Understanding Process and MarketsThis section delves into the Initial Public Offering (IPO) process, beginning with an introduction to IPO modeling and the features of the primary market. The advantages and disadvantages of IPOs are outlined, followed by a detailed examination of the IPO process itself, including methods for determining offer prices and the book-building process. The significance of IPO grading and factors considered in grading are discussed, alongside the roles of credit rating agencies and merchant banks in facilitating IPOs. The green shoe option and the role of stabilizing agents are also covered, providing a holistic view of how IPOs function in capital markets.Section 26: IPO - Fund RaisingHere, we continue our exploration of IPOs, focusing specifically on fund-raising aspects. The lectures cover valuation techniques and key assumptions made during the IPO process, along with an analysis of profit and loss statements in the context of fund-raising. We discuss the impact of depreciation, amortization, and interest on loans, alongside taxation considerations. The section also includes cash flow statements and balance sheet analyses relevant to fund-raising activities. Valuation methods such as Discounted Cash Flow (DCF) and EBITDA are explained, and we differentiate between IPOs and Follow-on Public Offers (FPOs), concluding with a summary of fund-raising strategies.Section 27: IPOs And FPOs - Valuation TechniquesThis section examines the various valuation techniques relevant to IPOs and FPOs. We introduce investment banking concepts, including underwriting and book-building processes, and discuss the advantages and disadvantages of both IPOs and FPOs. The lectures further explore quantitative and qualitative factors influencing IPO valuations, highlighting primary and secondary shares, deal sizes, and gross proceeds. The distinctions between IPOs and FPOs are clarified, providing valuable insights into these important capital-raising mechanisms.Section 28: Private EquityIn this section, we explore the landscape of private equity, beginning with its definition and the structure of private equity funds. We examine the fee structures typical in private equity, along with expected returns and deal structuring techniques. Different forms of deal structuring, including pre-money and post-money valuations, participating preferred shares, and liquidation preferences, are analyzed. The lectures also cover private equity strategies, investments, and the critical role that banks play in this space. We discuss the value of private equity investments and the intricacies of private equity structuring, including financial engineering concepts.Section 29: LBOThis section introduces the concept of Leveraged Buyouts (LBOs), starting with who qualifies for an LBO and illustrating the concept with various real-world examples. We delve into LBO structures and financing, outlining the advantages and disadvantages associated with them. Key topics include valuation methodologies, cash flow considerations, and the overall capital structure in LBO transactions. The section discusses transaction details and operational assumptions, culminating in a focus on calculating free cash flows and Internal Rate of Return (IRR), along with insights into transaction multiples.Section 30: Venture CapitalHere, we provide an overview of venture capital modeling, including its history, life cycle, and the broad framework of venture capital investments. Key topics include free cash flow examples and company valuation methods, emphasizing pre- and post-money valuations. The structure of capitalization tables is explained, along with techniques for calculating investor returns and total equity valuation. The internal rate of returns and free cash flow calculations are presented, summarizing the financial modeling process essential for venture capital.Section 31: Assets and Liability ManagementThis section focuses on the principles of asset and liability management (ALM), discussing capital management systems and the implications of periodic and mismatch asset and liability management. Key concepts such as liquidity gap reports and revised interest income are covered, alongside calculations for Macaulay duration and yield to maturity (YTM) in bond duration. We explore cash flow calculations, rate shifts, and the overall impact of asset and liability considerations in financial management.Section 32: Portfolio ManagementIn this section, we introduce portfolio management concepts and modern portfolio theory, discussing investment clients and pension plans. The steps in the portfolio management process are outlined, along with a detailed examination of pooled investments such as mutual funds. Return calculations, expected returns, variance, covariance, and correlation are discussed extensively. Risk aversion, indifference curves, and utility theory applications are explored, leading to insights into the Capital Market Line (CML) and the Capital Asset Pricing Model (CAPM).Section 33: Pitchbook PreparationThe final section covers pitchbook preparation, beginning with an overview of types of pitchbooks and the art of writing one. Examples from notable companies such as Dell and Autonomy illustrate the principles of effective pitchbook design. We discuss key highlights and principles in pitchbook preparation, including the importance of agendas, partnership highlights, and strategies for creating impactful presentations. This comprehensive exploration equips participants with the knowledge to effectively prepare pitchbooks for various financial scenarios.ConclusionBy the end of this course, students will have acquired a comprehensive understanding of investment banking operations, financial statement analysis, and advanced Excel techniques. Equipped with these skills, they will be ready to excel in roles within the investment banking industry, performing complex analyses and making informed financial decisions. Whether aspiring to work in M&A, equity research, or financial modeling, students will leave with a strong foundation and practical skills to launch their careers in investment banking.

Overview

Section 1: Introduction to Investment Banking

Lecture 1 Investment Banking - Introduction

Lecture 2 Investment Banks VS Retail and Commercial Banks

Lecture 3 Investment Banking and Research

Lecture 4 Amc, Buy Side And Sell Side of an Investment Bank

Lecture 5 Sales and Trading and Equity Research

Lecture 6 Raising Capital and LPO

Lecture 7 Underwriting and Market Maker

Lecture 8 M and A Advisory And Pitch-Book

Lecture 9 Reorganizations and Restructuring

Lecture 10 Structure of an Investment Bank

Lecture 11 Investment Banking - Conclusions

Section 2: MS Excel for Investment Banking Analysis

Lecture 12 Accessing MS Excel

Lecture 13 MS Excel Startup Screen

Lecture 14 Understanding the Ribbon

Lecture 15 Cells in Excel

Lecture 16 Worksheet Essentials

Lecture 17 Saving the File

Lecture 18 Formatting Cells

Lecture 19 Custom Cell Styles

Lecture 20 Custom Number Formatting in Excel

Lecture 21 More on Custom Number Formatting

Lecture 22 Custom Formats of Data

Lecture 23 The BEDMAS Order of Mathematical Operations

Lecture 24 Mathematical Operations without Functions

Lecture 25 Mathematical Operations without Functions Continued

Lecture 26 IF Function

Lecture 27 More on IF Function

Lecture 28 Importing Data and Calculations

Lecture 29 Working with the Count Function

Lecture 30 Conditional Counts - CountIF Function

Lecture 31 Working with the Sum Function

Lecture 32 Finding the Average

Lecture 33 Conditional Average - Average IFS Function

Lecture 34 Finding the Maximum Value Using the MAX Function

Lecture 35 Finding the Minimum Value Using the MINFS Function

Lecture 36 Determining Proportions and Updating a Calculation

Lecture 37 Conditional Formatting

Lecture 38 More on Conditional Formatting

Lecture 39 Working with Tables

Lecture 40 Formatting Table

Lecture 41 Filtering and Sorting of Data

Lecture 42 Freeze and Split

Lecture 43 Printing and Layouts in Excel

Lecture 44 Pivot Tables

Lecture 45 Creating Custom Tables

Lecture 46 Organizing Pivot Tables

Lecture 47 Column Chart

Lecture 48 Bar Chart

Lecture 49 Line Chart

Lecture 50 Pie Chart

Lecture 51 Map Chart

Lecture 52 Common Errors in Excel

Lecture 53 More on Common Errors

Lecture 54 Logical Function - IF

Lecture 55 AND OR and XOR Functions

Lecture 56 IFS Function - Example 1

Lecture 57 IFS Function - Example 2

Lecture 58 SWITCH Function

Lecture 59 Other Logical Functions

Lecture 60 Information Functions - ISBLANK ISERR ISERROR ISEVEN ISODD ISTEXT

Lecture 61 Date Functions - TODAY DAY

Lecture 62 MONTH YEAR WEEKDAY WEEKNUM Functions

Lecture 63 EDATE and EOMONTH Functions

Lecture 64 YEARFRAC Function

Lecture 65 Joining Data using CONCAT and TEXTJOIN

Lecture 66 LEN FIND LEFT RIGHT TRIM

Lecture 67 Using UNIQUE and TRANSPOSE

Lecture 68 TEXT Function

Lecture 69 CHOOSE Function

Lecture 70 More on CHOOSE Function

Lecture 71 VLOOKUP Function

Lecture 72 HLOOKUP Function

Lecture 73 Index Function

Lecture 74 Match Function

Lecture 75 XLOOKUP and XMATCH Functions

Lecture 76 Using the OFFSET Function

Lecture 77 OFFSET Function - Total and Average Score

Lecture 78 OFFSET Function - Highest and Lowest Score

Lecture 79 OFFSET Function - Year to Month Sales

Lecture 80 OFFSET Function - Quarterly and Half-Month Sales

Lecture 81 Naming of Cell

Lecture 82 Naming a Range

Lecture 83 Text to Columns

Lecture 84 Grouping Tabs and Subtotal Function

Lecture 85 Working with Hyperlinks

Lecture 86 Data Validation

Lecture 87 Data Validation Continued

Lecture 88 Custom Data Validation

Lecture 89 Generating Random Numbers

Lecture 90 Custom Views

Lecture 91 Protecting Worksheet and Workbook

Lecture 92 PivotTable - Advanced Features

Lecture 93 More on Advanced Features

Lecture 94 Slicers and Timelines

Lecture 95 Solver

Lecture 96 Data Tables

Lecture 97 More on Data Tables

Lecture 98 Goal Seek

Lecture 99 Combo Charts

Lecture 100 More on Combo Charts

Lecture 101 Sparklines

Lecture 102 Waterfall Chart

Lecture 103 Box Chart

Lecture 104 Whisker Chart

Lecture 105 TreeMap and Sun Burst Charts

Lecture 106 Radar Chart

Lecture 107 Scroll Bar

Lecture 108 Spin Button and Radio Button

Lecture 109 Form Control Application

Lecture 110 Form Control Application Continued

Lecture 111 Data Entry Form

Section 3: Financial Statements & Analysis (FSA) Foundation

Lecture 112 An Introduction to Financial Accounting

Lecture 113 Purpose of Financial Statements

Lecture 114 Explaining A Business Cycle

Lecture 115 Accounting For Income Statement

Lecture 116 Accounting For Balance Sheet Part 1

Lecture 117 Accounting For Balance Sheet Part 2

Lecture 118 Accounting For Balance Sheet Part 3

Lecture 119 Accounting For Cash Flows

Lecture 120 Conclusion

Section 4: FSA - Income Statement

Lecture 121 Financial Statements - Fiscal Year Vs Calendar Year

Lecture 122 Income Statement Format

Lecture 123 Calculating Profit Margins

Lecture 124 Non Recurring Items

Lecture 125 Changes in Accounting Estimates

Lecture 126 Final Remarks

Lecture 127 Revenue Recognition - Percentage Completion and Completed Contract

Lecture 128 Revenue Recognition - Installment Method and Cost Recovery

Lecture 129 Depreciation Expense

Lecture 130 Downloading Colgate's Income Statement

Lecture 131 Analyst Format Of Colgate Income Statement

Lecture 132 Formatting The Income Statement

Lecture 133 Investigating The Non-Recurring Charges

Lecture 134 Separating Non-Recurring Items

Lecture 135 Comparison Of Margins - Before And After Adjustments

Section 5: FSA - Balance Sheet

Lecture 136 Introduction to Balance Sheet

Lecture 137 Introduction to Current Assets

Lecture 138 Cash and Cash Equivalents

Lecture 139 Cash And Cash Equivalents - Colgate P and G Microsoft

Lecture 140 Accounts Receivables

Lecture 141 Accounts Receivables Case Study

Lecture 142 Inventory

Lecture 143 Inventory - Case Study

Lecture 144 Inventory - Lcm

Lecture 145 Inventory - Colgate

Lecture 146 Inventory Valuations

Lecture 147 Inventory Valuation - Recap

Lecture 148 Prepaid Expenses

Lecture 149 Other Current Assets - Colgate

Lecture 150 Financial Reporting Standards

Lecture 151 Current Liabilities

Lecture 152 Current Liabilities - Colgate

Lecture 153 Long Term Assets

Lecture 154 Introduction To Goodwill

Lecture 155 Pooling Method Of Accounting

Lecture 156 Purchase Method Of Accounting

Lecture 157 Goodwill Impairment

Lecture 158 Long Term Investments

Lecture 159 Long Term Investments Continued

Lecture 160 Long Term Investments - Example

Lecture 161 Long Term Liabilities

Lecture 162 Long Term Liabilities - Risk Profile

Lecture 163 Introduction to Shareholder Equity

Lecture 164 Common Stock - Par Value and Apic

Lecture 165 Treasury Stock or Shares

Lecture 166 Retained Earnings and Dividends

Lecture 167 Additional Other Comprehensive Income

Lecture 168 Introduction To Preference Shares

Lecture 169 Macdonald-Shareholder and Equity

Lecture 170 Dividends - Types

Lecture 171 Cash And Property Dividend - Example

Lecture 172 Stock Dividends

Lecture 173 Small and Large Stock Dividends - Example

Lecture 174 Stock Split

Section 6: FSA - Cash Flows Analysis

Lecture 175 Introduction to Cash Flows

Lecture 176 Cfo - Direct Method

Lecture 177 Cfo - Direct Method - Continued

Lecture 178 Cfo - Direct Method - Example

Lecture 179 Cfo - Indirect Method

Lecture 180 Cfo - Indirect Method - Example

Lecture 181 Cfi

Lecture 182 Cff

Lecture 183 Comprehensive Example - Cfo - Direct Method - 1

Lecture 184 Comprehensive Example - Cfo - Direct Method - 2

Lecture 185 Comprehensive Example - Cfo - Indirect Method

Lecture 186 Comprehensive Example - Cfi

Lecture 187 Comprehensive Example - Cff

Lecture 188 Comprehensive Example - Ending Cash Balance

Section 7: FSA - FSA Techniques

Lecture 189 Horizontal And Vertical Analysis

Lecture 190 Income Statement - Horizontal And Vertical Analysis - Example

Lecture 191 Balance Sheet - Vertical Analysis - Example

Lecture 192 Introduction To Ratio Analysis

Lecture 193 Activity Ratios

Lecture 194 Activity Ratios - Receivables Turnover

Lecture 195 Activity Ratios - Inventory And Payables Turnover

Lecture 196 Activity Ratios - Cash Conversion Cycle Discussion

Lecture 197 Activity Ratios - Working Capital And Fixed Asset Turnover

Lecture 198 Liquidity Ratios

Lecture 199 Solvency Ratios

Lecture 200 Comprehensive Example - Activity Ratio - Cash Conversion

Lecture 201 Comprehensive Example - Activity Ratio -Working Capital And Fixed Asset Turnover

Lecture 202 Comprehensive Example - Liquidity Ratios

Lecture 203 Comprehensive Example - Solvency Ratios

Lecture 204 Comprehensive Example - Profitability Ratios

Lecture 205 Roe

Lecture 206 Roe Example

Lecture 207 Dividends Payout Ratio

Section 8: FSA - Earnings Per Share (EPS)

Lecture 208 Introduction to EPS

Lecture 209 Basic EPS Example

Lecture 210 Calculating Weighted Average Shares

Lecture 211 Effect of Stock Dividends and Stock Splits

Lecture 212 Simple vs Complex Structures

Lecture 213 Preferred Convertible Shares Dilution

Lecture 214 Preferred Convertible Shares Dilution - Example

Lecture 215 Anti-Dilutive Preferred Convertible Shares

Lecture 216 Convertible Debt Dilution

Lecture 217 Convertible Debt Dilution - Example

Lecture 218 Anti-Dilutive Convertible Debt

Lecture 219 Stock Options

Lecture 220 Treasury Stock Method

Lecture 221 Stock Option Dilution - Example

Lecture 222 Comprehensive Example

Section 9: Income Tax - Understanding Income Tax Concepts

Lecture 223 Introduction To Income Taxes

Lecture 224 Sources Of Deferred Taxes

Lecture 225 Deferred Tax Liabilities - Example - Part 1

Lecture 226 Deferred Tax Liabilities - Example - Part 2

Lecture 227 Deferred Tax Assets - Example

Lecture 228 Temporary And Permanent Difference

Lecture 229 Valuation Allowance - Deferred Tax Assets

Lecture 230 Tax Base - Deferred Taxes

Lecture 231 Effect Of Changes In Tax Rates On Deferred Taxes

Section 10: Shareholder's Equity

Lecture 232 Introduction To Shareholder's Equity

Lecture 233 Common Stock - Par Value And Apic

Lecture 234 Treasury Stock Or Shares

Lecture 235 Retained Earnings & Dividends

Lecture 236 Additional Other Comprehensive Income

Lecture 237 Introduction To Preference Shares

Lecture 238 MacDonald's Shareholder's Equity

Lecture 239 Dividends - Types

Lecture 240 Cash And Property Dividend - Example

Lecture 241 Stock Dividends

Lecture 242 Small & Large Stock Dividends - Example

Lecture 243 Stock Split

Section 11: Equity Research & Financial Modeling - Tesla Inc.

Lecture 244 Tesla Unveiled

Lecture 245 Analyzing Tesla's Sales Performance

Lecture 246 Sourcing Historical Data

Lecture 247 Navigating Tesla's Annual Report

Lecture 248 Consolidated Financial Statements

Lecture 249 Historical Revenue Growth Rate

Lecture 250 Projecting Tesla's Revenue

Lecture 251 Color-Coding in Financial Models

Lecture 252 Projecting Cost of Sales

Lecture 253 Forecasting Operating Expenses

Lecture 254 Working Capital Ratios

Lecture 255 Working Capital Projections

Lecture 256 Calculating Proportion of Assets

Lecture 257 CAPEX Projections

Lecture 258 CAPEX Distribution

Lecture 259 Using TRANSPOSE Function

Lecture 260 Calculating Machinery and Equipment Depreciation

Lecture 261 Completing Ending Net PPE

Lecture 262 Common Stock Calculations

Lecture 263 Retained Earnings Calculations

Lecture 264 Net Income Attributable to Non-Controlling Interests

Lecture 265 Provision for Income Taxes

Lecture 266 Cash Flow Statement

Lecture 267 Balance Sheet Linkages

Lecture 268 Completing cash Flow Linkages

Lecture 269 Cash Available for Debt Repayment

Lecture 270 Long-Term Debt Payments

Lecture 271 Income Statement Linkages

Lecture 272 FCFF Calculations

Lecture 273 Understanding WACC

Lecture 274 WACC Calculations

Lecture 275 Terminal Value Explained

Lecture 276 NPV Calculation Steps

Lecture 277 Target Share Price Calculations

Lecture 278 Sensitivity Analysis

Lecture 279 Weighted Average Number of Shares

Lecture 280 Basic & Diluted EPS

Lecture 281 EBITDA Calculations

Lecture 282 Tesla Ratio Analysis

Section 12: Valuation Techniques - DCF

Lecture 283 Introduction Discounted Cash Flow

Lecture 284 Course Outline

Lecture 285 Valuation Methodologies

Lecture 286 Relative Valuation

Lecture 287 Basic Concepts of DCF

Lecture 288 Understand DCF Method

Lecture 289 More on DCF Method

Lecture 290 Using Concept of Terminal Value

Lecture 291 Common Trade of DCF Value

Lecture 292 Types of DCF

Lecture 293 Important Accounting Equations

Lecture 294 Advantages of DCF

Lecture 295 DCF Versus Comps

Lecture 296 Steps of DCF

Lecture 297 More on DFC Steps

Lecture 298 DCF Predicting the Cash Flows

Lecture 299 DCF Predicting the Cash Flows Continues

Lecture 300 Starting with the Case Study

Lecture 301 Predicting the Cash Flows

Lecture 302 Case Study Explained

Lecture 303 Predicting Terminal Values

Lecture 304 Methods to Calculate Terminal Values

Lecture 305 Case study Step 2 Explained

Lecture 306 Case study Step 2 Explained Continues

Lecture 307 Working on DCF Explain

Lecture 308 Net Debt

Lecture 309 Cost of Debt

Lecture 310 More on Cost of Debt

Lecture 311 Cost of Equity

Lecture 312 Understand Beta

Lecture 313 Beta Continues

Lecture 314 Finalizing the case study

Lecture 315 Creating a Sensitivity Table

Lecture 316 Concluding the Analysis

Lecture 317 Common Interview Questions

Section 13: Valuation Techniques - Relative Valuation

Lecture 318 Introduction to Relative Valuation

Lecture 319 Types of Relative Valuation

Lecture 320 Advantages and Disadvantages

Lecture 321 Earning and Book Multiples

Lecture 322 Understand EV Ratio

Lecture 323 Understand EV Ratio Continues

Lecture 324 Finding List of Public Company

Lecture 325 PE Ratio

Lecture 326 Advantages and Disadvantages of PE Ratio

Lecture 327 Advantages and Disadvantages Continues

Lecture 328 Equity Value

Lecture 329 PBV Ratio

Lecture 330 PBV Ratio Continues

Lecture 331 Price to Sales Ratio

Lecture 332 Advantages and Disadvantages of PS Ratio

Lecture 333 PEG Ratio

Lecture 334 Equity Value Vs Enterprise Value

Lecture 335 Understand Comparable Company Analysis

Lecture 336 Use of Comparable Company Analysis

Lecture 337 Method of Comparable Company Analysis

Lecture 338 Get Financial Information

Lecture 339 List Of Comparable Company List

Lecture 340 Bench Marking Analysis

Lecture 341 Working on Target Sheet

Lecture 342 Reported Income Statement

Lecture 343 Adjusted Income Statement

Lecture 344 Cash Flow Statement Data

Lecture 345 Equity Value and Enterprise Value

Lecture 346 Trading Multiples

Lecture 347 Working on Company A Sheet

Lecture 348 Calculating Gross Profit

Lecture 349 Working on Balance Sheet Data

Lecture 350 Working on Company B Sheet

Lecture 351 Select Market Data

Lecture 352 Working on Sheet C

Lecture 353 Understand Bench Marking Summary

Lecture 354 Understand Bench Marking Summary Continue

Lecture 355 Working on Output Sheet

Lecture 356 Working on Industry Average Sheet

Lecture 357 Input Sheet

Lecture 358 Relative Valuation Sheet

Lecture 359 Working on DCF Valuation Sheet

Lecture 360 Operating Leases

Lecture 361 Total Capital Invested

Lecture 362 Calculating Reinvestment Rate

Section 14: Management Buyout (MBO)

Lecture 363 Introduction to MBO

Lecture 364 Management Buyout Process

Lecture 365 Types of Management Buyout

Lecture 366 MBO Structure and Funded

Lecture 367 Sources of MBO Funding

Lecture 368 Investors for Investing

Lecture 369 Considering a Management Buyout

Lecture 370 Criteria for Buyout

Lecture 371 Valuations and Price

Lecture 372 Types and Sources of Finance

Lecture 373 Numerical Examples on Management

Lecture 374 Scenarios of Examples

Lecture 375 Capital Gain of Investment

Lecture 376 Calculating the Acquisition Price

Lecture 377 Summary on Buyout

Section 15: Bankruptcy Liquidation and Corporate Restructuring

Lecture 378 Bankruptcy and Restructuring

Lecture 379 Example of Financial Distress

Lecture 380 Concept of Insolvency

Lecture 381 Negative Equity of Insolvency

Lecture 382 Filing for Bankruptcy

Lecture 383 Bankruptcy Liquidation

Lecture 384 Numerical Calculations on Bankruptcy

Lecture 385 Z Score Model

Lecture 386 Absolute Priority Rule

Lecture 387 Flow Based Insolvency

Lecture 388 Type of Claim Remaining

Lecture 389 Salvage Calculations

Lecture 390 Example on APR Calculation

Lecture 391 Calculating the Mortgage Bond

Lecture 392 Example on Mortgage Bond

Lecture 393 Reorganizing the Unsecured Debt

Section 16: Funding Merger and Acquisitions

Lecture 394 Funding Merger and Acquisitions

Lecture 395 Learning Methods of Payments

Lecture 396 Stock Swap Options

Lecture 397 Example of Share Exchange Ratio

Lecture 398 Analyzing on Impacting on EPS

Lecture 399 Example on Impacting on EPS

Lecture 400 EPS and Post Merger

Lecture 401 Calculating the Total Earning

Lecture 402 Assumption on Increasing EPS

Lecture 403 Financing Decisions and Tab Methods

Lecture 404 Determinants of M and A Financing Decisions

Lecture 405 Learning Financing Options

Lecture 406 External Commercial Borrowings

Section 17: Investment Banking Case Study - HP and Compaq

Lecture 407 Case Study on HP and Compaq

Lecture 408 Calculating the Outstanding Shares

Lecture 409 Tax for Compaq Shareholders

Lecture 410 Reaction on Market

Lecture 411 Stock Payment Options

Lecture 412 Outcomes with Cash Payments

Lecture 413 Impact on Capital Structures

Section 18: Leveraged Recapitalization

Lecture 414 Concept of Leveraged Recapitalization

Lecture 415 Assets and Liability Restructuring

Lecture 416 Too High and Low Leverage

Lecture 417 Diagram for Leverage Recapitalization

Lecture 418 Purpose of Firm for Leveraged Recapitalization

Lecture 419 Ways to carryout Leveraged Recapitalization

Lecture 420 Leverage Share Repurchase

Lecture 421 Leverage Buy Outs

Lecture 422 Case Study on Leveraged Recapitalization

Lecture 423 LBO and Junk Bond Financing

Lecture 424 EBITDA Capital and Recapitalization

Lecture 425 Calculation for EBITDA Capital

Lecture 426 Analyzing on the Debt Structure

Lecture 427 Learning the Recapitalization Transaction

Lecture 428 Case Study on Sealed Air Corporation

Lecture 429 Case Study on Leveraged Recapitalization

Lecture 430 Transaction for Levraraged Share and Dividend

Lecture 431 Transaction Assumption Examples

Lecture 432 Balance Sheet and the Income Statement

Lecture 433 Learning Valuation and Leverage

Lecture 434 Analyzing the Shareholder Level

Lecture 435 Calculating Dividend Per Share

Section 19: Mergers and Acquisitions (M&A)

Lecture 436 Concepts based on Mergers and Acquisitions

Lecture 437 Example on Mergers and Acquisitions

Lecture 438 Discussion on Parties to the Acquisitions

Lecture 439 Understanding Horizontal and Vertical Merger

Lecture 440 Characteristics of Conglomerate Merger

Lecture 441 Bootstrap Earnings and its Example

Lecture 442 Bootstrap Earnings with Share

Lecture 443 Herfindalhl Hirschman Index

Lecture 444 Solution to Respective Market Share

Section 20: Cashflow and Comparable Companies

Lecture 445 Importance of Free Cashflow

Lecture 446 Calculating the Negative Cashflow

Lecture 447 Comparable Companies Analysis

Lecture 448 Advantages and Disadvantages of CCA

Lecture 449 Cost of an Acquisition

Section 21: Goodwill and Acquisition

Lecture 450 Accounting for Acquisitions

Lecture 451 Calculating the Goodwill of Firm

Lecture 452 Divestitures and Restructuring

Lecture 453 Taxes and Acquisition

Lecture 454 Comparable Transaction Analysis

Lecture 455 Process for Comparable Transaction

Lecture 456 Discussion on Corporate Charter

Lecture 457 Pre Offer takeover Defense Mechanism

Lecture 458 Post Offer takeover Defense Mechanism

Section 22: Synergy and its benefits

Lecture 459 Learning Synergy and its example

Lecture 460 Generating value in synergy

Lecture 461 Acquisition of assets

Lecture 462 Discussion on the benefits

Lecture 463 Reductions in capital needs

Lecture 464 Topic on corporate restructuring

Lecture 465 Various types of corporate restructuring

Lecture 466 Financial and Operational restructuring

Lecture 467 Corporate Restructuring in East Asia

Section 23: Securing Asset lenders

Lecture 468 Securing Asset based lenders

Lecture 469 Mezzanine and Subordinated Debt

Lecture 470 Organic and Inorganic growth

Lecture 471 Choice of Corporate restructuring

Lecture 472 Corporate Control in Corporate restructuring

Lecture 473 UK findings in International Findings

Lecture 474 Canada findings in International Findings

Lecture 475 Focusing Strategic Alternatives

Section 24: Capital Market & Financial Instruments

Lecture 476 Introduction

Lecture 477 Role of Financial Markets

Lecture 478 Financial Markets Classification

Lecture 479 Money Market and Capital Market

Lecture 480 Capital Markets Classification

Lecture 481 Equity Market, Debt Market, Derivative Market

Lecture 482 Capital Market Instruments

Lecture 483 Equity Shares Characteristics

Lecture 484 Advantages Of Equity For Issuer

Lecture 485 Advantages of Equity For Investor

Lecture 486 Disadvantages of Equity For Issuer

Lecture 487 Disadvantages For Issuer Continues

Lecture 488 Preference Shares

Lecture 489 Preference Shares Characteristics

Lecture 490 Preference Shares Advantages For Issuer And Investor

Lecture 491 Disadvantages For Issuer and Investor

Lecture 492 Preference Shares Types

Lecture 493 Cumulative, Non-Cumulative, Callable, Adjustable R

Lecture 494 Debentures And Its Characteristics Part 1

Lecture 495 Debentures And Its Characteristics Part 2

Lecture 496 Debentures Characteristics Part 1

Lecture 497 Debentures Characteristics Part 2

Lecture 498 Debentures Advantages For Issuer Part 1

Lecture 499 Debentures Advantages For Issuer Part 2

Lecture 500 Debentures Advantages For Investor

Lecture 501 Debentures Disadvantages For Issuer

Lecture 502 Debentures Disadvantages For Investor

Lecture 503 Debentures Classifications Part 1

Lecture 504 Debentures Classifications Part 2

Lecture 505 Derivatives & Its Characteristics Part 1

Lecture 506 Derivatives & amp; Its Characteristics Part 2

Lecture 507 Derivatives Advantages & amp; Disadvantages Part 1

Lecture 508 Derivatives Advantages & amp; Disadvantages Part 2

Lecture 509 Derivatives Classifications Part 1

Lecture 510 Derivatives Classifications Part 2

Lecture 511 Mutual Funds Definition

Lecture 512 Mutual Funds Advantages

Lecture 513 Mutual Funds Disadvantages

Lecture 514 Mutual Funds Classification Part 1

Lecture 515 Mutual Funds Classification Part 2

Lecture 516 Capital Market Intermediaries Part 1

Lecture 517 Capital Market Intermediaries Part 2

Lecture 518 Capital Market Intermediaries Part 3

Lecture 519 Capital Market Intermediaries Part 4

Lecture 520 Capital Market Intermediaries Part 5

Lecture 521 Capital Market Intermediaries Part 6

Lecture 522 Stock Exchange Part 1

Lecture 523 Stock Exchange Part 2

Lecture 524 Stock Exchange Part 3

Lecture 525 Trade Life Cycle Part 1

Lecture 526 Trade Life Cycle Part 2

Lecture 527 Trade Life Cycle Part 3

Lecture 528 Type Of Orders Part 1

Lecture 529 Type Of Orders Part 2

Lecture 530 Corporate Actions Part 1

Lecture 531 Corporate Actions Part 2

Lecture 532 Corporate Actions Part 3

Lecture 533 Market Regulator

Section 25: IPO - Understanding Process and Markets

Lecture 534 Introduction to IPO Modelling

Lecture 535 Features of Primary Market

Lecture 536 Advantages of IPOs

Lecture 537 Disadvantages of IPOs

Lecture 538 IPO Process

Lecture 539 IPO Process Continues

Lecture 540 Methods For Determining the Offer Prices

Lecture 541 Book Building Process

Lecture 542 IPO Grading

Lecture 543 Factors Considered In Grinding

Lecture 544 Credit rating and Merchant Banking

Lecture 545 Initial Public Offer

Lecture 546 Green Shoe Option

Lecture 547 Role of Stabilizing Agent

Lecture 548 Stock Market Launch

Section 26: IPO - Fund Raising

Lecture 549 Introduction to Fund Raising Continues

Lecture 550 What is an IPO

Lecture 551 Valuation Techniques

Lecture 552 Assumptions in IPOs

Lecture 553 Assumptions in IPOs Continues

Lecture 554 Profit and Loss in Fund Raising

Lecture 555 Depreciation in P and L

Lecture 556 Amortization and EBIT in P and L

Lecture 557 Interest on loan and Working capital in P and L

Lecture 558 Taxation in P and L

Lecture 559 Cash Flow Statement in Fund Raising

Lecture 560 Balance Sheet Statement in Fund Raising

Lecture 561 DCF Valuation in IPOs

Lecture 562 EBITDA and PE Valuation Methods in IPOs

Lecture 563 Venture Capital Methods in IPOs

Lecture 564 Whats is FPOs

Lecture 565 FPOs Assumption and Calculation

Lecture 566 Conclusion of Fund Raising

Section 27: IPOs And FPOs - Valuation Techniques

Lecture 567 Introduction to Fund Raising IPOs and FPOS

Lecture 568 Introduction to Investment Bank

Lecture 569 Underwriting and Book Building

Lecture 570 Introduction to Public offerings FPOs

Lecture 571 Advantages and Disadvantages of IPOs

Lecture 572 Quantitative and Qualitative Factor in IPOs

Lecture 573 IPO Valuations

Lecture 574 IPO Valuations Continues

Lecture 575 Primary and Secondary Shares in IPOs

Lecture 576 Deal Size and Gross Proceeds In IPOs

Lecture 577 Difference Between IPOs and FPOs

Section 28: Private Equity

Lecture 578 What is Private Equity

Lecture 579 Private Equity Fund

Lecture 580 Fees in Private Equity

Lecture 581 Returns in Private Equity

Lecture 582 Deal Structuring- Pre & Post Money

Lecture 583 Deal Structuring- Preferred shares

Lecture 584 Deal Structuring- Participating Preferred shares

Lecture 585 Deal Structuring- Other Structures

Lecture 586 Private Equity strategies

Lecture 587 Private Equity investments

Lecture 588 Role of banks in Private Equity

Lecture 589 Value of private equity investments

Lecture 590 Private equity structuring

Lecture 591 Financial Engineering

Lecture 592 Buy shares or assets

Lecture 593 Private Placement Memorandum

Lecture 594 Fund Structure and organization

Lecture 595 PE often use a fund structure

Lecture 596 Investment Process- Approach the Private Equity Firm

Lecture 597 Investment Process- Approach the Private Equity Firm Continues

Lecture 598 Investment Process- Inquiries and Negotiations

Lecture 599 Investment Process- Due Diligence

Lecture 600 Investment Process- Final Negotiation and Completion

Lecture 601 Investment Process- Exit routes

Lecture 602 Fund Managers Perspective- Points to consider

Lecture 603 Fund Managers Perspective- Bid-Ask spread

Lecture 604 Relevance of term sheet

Lecture 605 Process to bridge Bid-ask gap

Lecture 606 Post investment performance

Section 29: LBO

Lecture 607 Introduction to Leverage Buyout LBO

Lecture 608 Who Qualifies for LBO

Lecture 609 Example of Hilton Hotels

Lecture 610 Example of Gibson Greeting Cards

Lecture 611 Example of Free Scale Semiconductor

Lecture 612 Example of Indian Company

Lecture 613 LBO Structure

Lecture 614 Financing LBO

Lecture 615 Advantages and Disadvantages

Lecture 616 Working on Valuation

Lecture 617 How to Finance the Deal

Lecture 618 General Information

Lecture 619 Cash Flow from LBO

Lecture 620 Cash Flow from LBO Continues

Lecture 621 Result of LBO

Lecture 622 Capital Structure and COEC

Lecture 623 Transaction Details

Lecture 624 Financing Structure

Lecture 625 Operation Assumptions

Lecture 626 Fixed Asset Schedule

Lecture 627 Find Out Free Cash Flow

Lecture 628 Debt Schedule

Lecture 629 Working on Operation Assumptions Continues

Lecture 630 Working on IRR Sheet

Lecture 631 Working on IRR Sheet Continues

Lecture 632 Transaction Multiple X

Section 30: Venture Capital

Lecture 633 Overview of Venture Capital Modeling

Lecture 634 Introduction to Venture Capital Modelling

Lecture 635 Brief History of VCM

Lecture 636 Life Cycle of VCM

Lecture 637 Broad Head VCM

Lecture 638 Free Cash Flow Example

Lecture 639 Free Cash Flow Example Continues

Lecture 640 Company Valuation

Lecture 641 Structure of Company Valuation

Lecture 642 Pre and Post Money Valuation

Lecture 643 Pre and Post Money Valuation Continues

Lecture 644 Capitalization Table

Lecture 645 Capitalization Table Venture Capital

Lecture 646 Capitalization Table Venture Capital Continues

Lecture 647 Calculating Investor Return

Lecture 648 Calculating Investor Return Continues

Lecture 649 Return Analysis

Lecture 650 Total Equity Valuation

Lecture 651 Internal Rate of Returns Calculation

Lecture 652 Internal Rate of Returns Calculation Continues

Lecture 653 Free Cash Flow Calculation

Lecture 654 Summary of Financial Model

Section 31: Assets and Liability Management

Lecture 655 Asset and Liability Management

Lecture 656 Capital Management System

Lecture 657 Periodic and Mismatch Asset and Liability

Lecture 658 Gap Limit Percentage Of Total Funding

Lecture 659 Liquidity Gap Report

Lecture 660 Liquidity Gap Report Continues

Lecture 661 Revised Interest Income (NII)

Lecture 662 Revised Interest Income (NII) Continues

Lecture 663 Macaulay Duration in Bond Duration

Lecture 664 Calculation YTM in Bond Duration

Lecture 665 Calculation cash Flow and Maturity

Lecture 666 Compute Rate Shift

Lecture 667 Calculation of Rate Shift

Lecture 668 Calculation of Rate Shift Continues

Lecture 669 Asset and Liability in ALM

Section 32: Portfolio Management

Lecture 670 Portfolio Management Introduction

Lecture 671 Modern Portfolio Theory

Lecture 672 Pension Plan, Investment Clients

Lecture 673 Investment Clients Continues

Lecture 674 Steps In Portfolio Management Process

Lecture 675 Pooled Investments - Mutual Funds

Lecture 676 Open Ended And Closed Ended Funds

Lecture 677 Returns- How To Calculate It

Lecture 678 Return Types

Lecture 679 Expected Returns And Variance

Lecture 680 Variance & Standard Deviation Computation

Lecture 681 Covariance & Correlation

Lecture 682 Correlation Coefficient

Lecture 683 Standard Deviation Of Portfolio Assets Continued

Lecture 684 Correlation Graph

Lecture 685 Minimum Variance Curve

Lecture 686 Risk Aversion

Lecture 687 Indifference Curve

Lecture 688 Application Of Utility Theory

Lecture 689 Capital Allocation Line

Lecture 690 Introduction

Lecture 691 Cml Part 1

Lecture 692 Cml Part 2

Lecture 693 Systemtic And Unsytemtic Risk

Lecture 694 Return Generating Models

Lecture 695 Capm Part 1

Lecture 696 Capm Part 2

Lecture 697 Security Market Line

Lecture 698 Sharpe Ratio Part 1

Lecture 699 Sharpe Ratio Part 2

Section 33: Pitchbook Preparation

Lecture 700 Introduction to Pitchbook Preparation

Lecture 701 Types of Pitchbooks

Lecture 702 Other Types of Pitchbooks

Lecture 703 Art of Writing a Pitchbook

Lecture 704 Example of Dell Pitchbook Preparation

Lecture 705 Agenda for Dell Investors

Lecture 706 Agenda for Dell Investors Continues

Lecture 707 Autonomy Example

Lecture 708 Silverwood Example

Lecture 709 Silverwood Example Continues

Lecture 710 8 Ways of Creating Pitchbook

Lecture 711 How to Create a Pitchbooks

Lecture 712 Key Highlight in the Pitchbook

Lecture 713 Principles and Highlights of Partnership

Lecture 714 Key Approval Overview of Pitchbook

Aspiring Investment Bankers: Those who want to pursue a career in investment banking and need a comprehensive foundation in the field.,Finance Students and Graduates: Individuals studying finance, economics, or business who wish to deepen their understanding of investment banking principles and practices.,Professionals in Related Fields: Analysts, accountants, or consultants looking to transition into investment banking or improve their financial modeling skills.,Entrepreneurs and Business Owners: Those interested in learning how investment banks assess companies, structure deals, and make valuation decisions that impact corporate growth.,Self-Learners and Career Changers: Anyone with a keen interest in finance and capital markets who wants to explore investment banking from a beginner to an advanced level, regardless of their current profession.