INVESTMENT BANKING
Syllabus
Obiettivi Formativi
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di individuare e distinguere i profili caratteristici delle operazioni e servizi offerti nell'area di affari Investment Banking
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di utilizzare le conoscenze acquisite nell'ambito dell'applicazione delle metodologie di analisi tipiche dell’ Investment Banking
AUTONOMIA DI GIUDIZIO: Capacità di integrare le conoscenze acquisite nell'analisi dei casi in un contesto reale complesso, formulando giudizi sulla base delle informazioni disponibili
ABILITÀ COMUNICATIVE: Saper comunicare in modo chiaro le conclusioni raggiunte nell'analisi dei casi di studio
CAPACITÀ DI APPRENDIMENTO: Capacità di analizzare i contesti di riferimento delle operazioni di investment banking e applicare le soluzioni appropriate
Learning Objectives
KNOWLEDGE AND UNDERSTANDING: Ability to identify and distinguish the characteristic profiles of the operations and services offered in the Investment Banking area
APPLYING KNOWLEDGE AND UNDERSTANDING: Ability to use the knowledge acquired in the application of the analysis methods typical of the Investment Banking
MAKING JUDGEMENTS: Ability to integrate the knowledge acquired in the analysis of cases in a complex real context, formulating judgments based on the information available
COMMUNICATION SKILLS: Knowing how to communicate clearly the conclusions reached in the analysis of case studies
LEARNING SKILLS: Ability to analyze the reference contexts of investment banking operations and apply appropriate solutions
Prerequisiti
Prerequisites
Programma
• Valutazione aziendale
• Collocamento titoli
• Merchant banking
• Fusioni e acquisizioni
• Crediti e finanziamenti
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Program
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Testi Adottati
Books
Bibliografia
Bibliography
Modalità di svolgimento
Workshops (lezioni pratiche in aula)
Lezioni incentrate sulla soluzione dei problemi (problem-solving)
Teaching methods
Lessons (problem solving)
Workshops
Regolamento Esame
La valutazione si baserà su:
• Conoscenza e comprensione: Lo studente deve dimostrare di conoscere e distinguere i profili caratteristici delle principali operazioni e servizi di Investment Banking, come fusioni e acquisizioni, IPO, e la strutturazione di operazioni di debito.
• Capacità di giudizio: Lo studente dovrà analizzare e discutere scenari reali o ipotetici, dimostrando la capacità di integrare le conoscenze teoriche per formulare giudizi motivati in contesti complessi.
• Capacità di apprendimento: La valutazione includerà la capacità di analizzare un contesto di riferimento (es. un'azienda in cerca di capitale) e proporre una soluzione appropriata.
Criteri per la formulazione del giudizio espresso in trentesimi:
o Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi, frequenti generalizzazioni.
o 18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili imperfezioni; capacità di analisi sintesi e autonomia di giudizio sufficienti.
o 21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica coerente.
o 24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso.
o 27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi, sintesi. Buona autonomia di giudizio.
o 30-30L: Ottimo livello di conoscenza e comprensione degli argomenti. Notevoli capacità di analisi e di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale.
Exam Rules
The evaluation will be based on:
• Knowledge and Understanding: The student must demonstrate knowledge of and be able to distinguish the key characteristics of major Investment Banking operations and services, such as mergers and acquisitions, IPOs, and debt structuring.
• Judgment Skills: The student will be required to analyze and discuss real or hypothetical scenarios, demonstrating the ability to integrate theoretical knowledge to formulate well-reasoned judgments in complex contexts.
• Learning Skills: The assessment will include the ability to analyze a specific context (e.g., a company seeking capital) and propose an appropriate solution.
Criteria for Judgment Expressed in Thirtieths:
o Unsatisfactory: Significant deficiencies and/or inaccuracies in knowledge and understanding of the topics; limited ability to analyze and synthesize, frequent generalizations.
o 18-20: Knowledge and understanding of the topics barely sufficient with possible imperfections; sufficient ability to analyze, synthesize, and make independent judgments.
o 21-23: Routine knowledge and understanding of the topics; correct ability to analyze and synthesize with coherent logical reasoning.
o 24-26: Fair knowledge and understanding of the topics; good ability to analyze and synthesize with arguments expressed in a rigorous manner.
o 27-29: Complete knowledge and understanding of the topics; remarkable ability to analyze and synthesize. Good autonomy of judgment.
o 30-30L: Excellent level of knowledge and understanding of the topics. Remarkable ability to analyze, synthesize, and make independent judgments. Arguments expressed in an original manner.
Modalità di frequenza
Attendance Rules
Obiettivi Formativi
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di individuare e distinguere i profili caratteristici delle operazioni e servizi offerti nell'area di affari Investment Banking
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di utilizzare le conoscenze acquisite nell'ambito dell'applicazione delle metodologie di analisi tipiche dell’ Investment Banking
AUTONOMIA DI GIUDIZIO: Capacità di integrare le conoscenze acquisite nell'analisi dei casi in un contesto reale complesso, formulando giudizi sulla base delle informazioni disponibili
ABILITÀ COMUNICATIVE: Saper comunicare in modo chiaro le conclusioni raggiunte nell'analisi dei casi di studio
CAPACITÀ DI APPRENDIMENTO: Capacità di analizzare i contesti di riferimento delle operazioni di investment banking e applicare le soluzioni appropriate
Learning Objectives
KNOWLEDGE AND UNDERSTANDING: Ability to identify and distinguish the characteristic profiles of the operations and services offered in the Investment Banking area
APPLYING KNOWLEDGE AND UNDERSTANDING: Ability to use the knowledge acquired in the application of the analysis methods typical of the Investment Banking
MAKING JUDGEMENTS: Ability to integrate the knowledge acquired in the analysis of cases in a complex real context, formulating judgments based on the information available
COMMUNICATION SKILLS: Knowing how to communicate clearly the conclusions reached in the analysis of case studies
LEARNING SKILLS: Ability to analyze the reference contexts of investment banking operations and apply appropriate solutions
Prerequisiti
Prerequisites
Programma
• Valutazione aziendale
• Collocamento titoli
• Merchant banking
• Fusioni e acquisizioni
• Crediti e finanziamenti
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Program
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Testi Adottati
Books
Bibliografia
Bibliography
Modalità di svolgimento
Workshops (lezioni pratiche in aula)
Lezioni incentrate sulla soluzione dei problemi (problem-solving)
Teaching methods
Lessons (problem solving)
Workshops
Regolamento Esame
Con riferimento al project work ci si aspetta che lo studente sia in grado di dimostrare:
- La capacità di definire i parametri del problema affrontato.
- Una conoscenza approfondita dell'argomento del problema affrontato.
- La capacità di collegare l'analisi ad altri concetti del corso.
La valutazione si baserà su:
• Conoscenza e comprensione: Lo studente deve dimostrare di conoscere e distinguere i profili caratteristici delle principali operazioni e servizi di Investment Banking, come fusioni e acquisizioni, IPO, e la strutturazione di operazioni di debito.
• Capacità di giudizio: Lo studente dovrà analizzare e discutere scenari reali o ipotetici, dimostrando la capacità di integrare le conoscenze teoriche per formulare giudizi motivati in contesti complessi.
• Capacità di apprendimento: La valutazione includerà la capacità di analizzare un contesto di riferimento (es. un'azienda in cerca di capitale) e proporre una soluzione appropriata.
Criteri per la formulazione del giudizio espresso in trentesimi:
o Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi, frequenti generalizzazioni.
o 18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili imperfezioni; capacità di analisi sintesi e autonomia di giudizio sufficienti.
o 21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica coerente.
o 24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso.
o 27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi, sintesi. Buona autonomia di giudizio.
o 30-30L: Ottimo livello di conoscenza e comprensione degli argomenti. Notevoli capacità di analisi e di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale.
Exam Rules
Referring to project works, each student should demonstrate:
• The ability to set the parameters for the problem.
• Ample knowledge regarding the subject of the problem.
• The ability to connect the analysis to other course concepts.
The evaluation will be based on:
• Knowledge and Understanding: The student must demonstrate knowledge of and be able to distinguish the key characteristics of major Investment Banking operations and services, such as mergers and acquisitions, IPOs, and debt structuring.
• Judgment Skills: The student will be required to analyze and discuss real or hypothetical scenarios, demonstrating the ability to integrate theoretical knowledge to formulate well-reasoned judgments in complex contexts.
• Learning Skills: The assessment will include the ability to analyze a specific context (e.g., a company seeking capital) and propose an appropriate solution.
Criteria for Judgment Expressed in Thirtieths:
o Unsatisfactory: Significant deficiencies and/or inaccuracies in knowledge and understanding of the topics; limited ability to analyze and synthesize, frequent generalizations.
o 18-20: Knowledge and understanding of the topics barely sufficient with possible imperfections; sufficient ability to analyze, synthesize, and make independent judgments.
o 21-23: Routine knowledge and understanding of the topics; correct ability to analyze and synthesize with coherent logical reasoning.
o 24-26: Fair knowledge and understanding of the topics; good ability to analyze and synthesize with arguments expressed in a rigorous manner.
o 27-29: Complete knowledge and understanding of the topics; remarkable ability to analyze and synthesize. Good autonomy of judgment.
o 30-30L: Excellent level of knowledge and understanding of the topics. Remarkable ability to analyze, synthesize, and make independent judgments. Arguments expressed in an original manner.
Modalità di frequenza
Attendance Rules
Obiettivi Formativi
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di individuare e distinguere i profili caratteristici delle operazioni e servizi offerti nell'area di affari Investment Banking
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di utilizzare le conoscenze acquisite nell'ambito dell'applicazione delle metodologie di analisi tipiche dell’ Investment Banking
AUTONOMIA DI GIUDIZIO: Capacità di integrare le conoscenze acquisite nell'analisi dei casi in un contesto reale complesso, formulando giudizi sulla base delle informazioni disponibili
ABILITÀ COMUNICATIVE: Saper comunicare in modo chiaro le conclusioni raggiunte nell'analisi dei casi di studio
CAPACITÀ DI APPRENDIMENTO: Capacità di analizzare i contesti di riferimento delle operazioni di investment banking e applicare le soluzioni appropriate
Learning Objectives
KNOWLEDGE AND UNDERSTANDING: Ability to identify and distinguish the characteristic profiles of the operations and services offered in the Investment Banking area
APPLYING KNOWLEDGE AND UNDERSTANDING: Ability to use the knowledge acquired in the application of the analysis methods typical of the Investment Banking
MAKING JUDGEMENTS: Ability to integrate the knowledge acquired in the analysis of cases in a complex real context, formulating judgments based on the information available
COMMUNICATION SKILLS: Knowing how to communicate clearly the conclusions reached in the analysis of case studies
LEARNING SKILLS: Ability to analyze the reference contexts of investment banking operations and apply appropriate solutions
Prerequisiti
Prerequisites
Programma
• Valutazione aziendale
• Collocamento titoli
• Merchant banking
• Fusioni e acquisizioni
• Crediti e finanziamenti
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Program
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Tentative schedule
Week 1: 6h
Detailed agenda
Course presentation
Definitions
Week 2: 6h
Corporate valuation: Theory
Corporate valuation: Practice
Capital markets
Week 3: 6h
Equity offerings I
Equity offerings II
Merchant banking I
Week 4: 6h
Merchant banking II
Merchant banking III
M&A I
Week 5: 6h
M&A II
LBO Deals
LBO – Case study
Week 6: 6h
Debt offerings
Review and synthesis
Case studies
Testi Adottati
Books
Bibliografia
Bibliography
Modalità di svolgimento
Workshops (lezioni pratiche in aula)
Lezioni incentrate sulla soluzione dei problemi (problem-solving)
Teaching methods
Lessons (problem solving)
Workshops
Regolamento Esame
Studenti frequentanti: Esame orale + Valutazione project work
Con riferimento al project work ci si aspetta che lo studente sia in grado di dimostrare:
- La capacità di definire i parametri del problema affrontato.
- Una conoscenza approfondita dell'argomento del problema affrontato.
- La capacità di collegare l'analisi ad altri concetti del corso.
Criteri per la formulazione del giudizio espresso in trentesimi:
o Non idoneo: importanti carenze e/o inaccuratezze nella conoscenza e comprensione degli argomenti; limitate capacità di analisi e sintesi, frequenti generalizzazioni.
o 18-20: conoscenza e comprensione degli argomenti appena sufficiente con possibili imperfezioni; capacità di analisi sintesi e autonomia di giudizio sufficienti.
o 21-23: Conoscenza e comprensione degli argomenti routinaria; Capacità di analisi e sintesi corrette con argomentazione logica coerente.
o 24-26: Discreta conoscenza e comprensione degli argomenti; buone capacità di analisi e sintesi con argomentazioni espresse in modo rigoroso.
o 27-29: Conoscenza e comprensione degli argomenti completa; notevoli capacità di analisi, sintesi. Buona autonomia di giudizio.
o 30-30L: Ottimo livello di conoscenza e comprensione degli argomenti. Notevoli capacità di analisi e di sintesi e di autonomia di giudizio. Argomentazioni espresse in modo originale.
Exam Rules
Attending students: Oral exam + Project work evaluation
Referring to project works, each student should demonstrate:
• The ability to set the parameters for the problem.
• Ample knowledge regarding the subject of the problem.
• The ability to connect the analysis to other course concepts.
Criteria for Judgment Expressed in Thirtieths:
o Unsatisfactory: Significant deficiencies and/or inaccuracies in knowledge and understanding of the topics; limited ability to analyze and synthesize, frequent generalizations.
o 18-20: Knowledge and understanding of the topics barely sufficient with possible imperfections; sufficient ability to analyze, synthesize, and make independent judgments.
o 21-23: Routine knowledge and understanding of the topics; correct ability to analyze and synthesize with coherent logical reasoning.
o 24-26: Fair knowledge and understanding of the topics; good ability to analyze and synthesize with arguments expressed in a rigorous manner.
o 27-29: Complete knowledge and understanding of the topics; remarkable ability to analyze and synthesize. Good autonomy of judgment.
o 30-30L: Excellent level of knowledge and understanding of the topics. Remarkable ability to analyze, synthesize, and make independent judgments. Arguments expressed in an original manner.
Modalità di frequenza
Attendance Rules
Obiettivi Formativi
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di individuare e distinguere i profili caratteristici delle operazioni e servizi offerti nell'area di affari Investment Banking
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di utilizzare le conoscenze acquisite nell'ambito dell'applicazione delle metodologie di analisi tipiche dell’ Investment Banking
AUTONOMIA DI GIUDIZIO: Capacità di integrare le conoscenze acquisite nell'analisi dei casi in un contesto reale complesso, formulando giudizi sulla base delle informazioni disponibili
ABILITÀ COMUNICATIVE: Saper comunicare in modo chiaro le conclusioni raggiunte nell'analisi dei casi di studio
CAPACITÀ DI APPRENDIMENTO: Capacità di analizzare i contesti di riferimento delle operazioni di investment banking e applicare le soluzioni appropriate
Learning Objectives
KNOWLEDGE AND UNDERSTANDING: Ability to identify and distinguish the characteristic profiles of the operations and services offered in the Investment Banking area
APPLYING KNOWLEDGE AND UNDERSTANDING: Ability to use the knowledge acquired in the application of the analysis methods typical of the Investment Banking
MAKING JUDGEMENTS: Ability to integrate the knowledge acquired in the analysis of cases in a complex real context, formulating judgments based on the information available
COMMUNICATION SKILLS: Knowing how to communicate clearly the conclusions reached in the analysis of case studies
LEARNING SKILLS: Ability to analyze the reference contexts of investment banking operations and apply appropriate solutions
Prerequisiti
Prerequisites
Programma
• Valutazione aziendale
• Collocamento titoli
• Merchant banking
• Fusioni e acquisizioni
• Crediti e finanziamenti
Program
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Testi Adottati
Books
Bibliografia
Bibliography
Modalità di svolgimento
Workshops (lezioni pratiche in aula)
Lezioni incentrate sulla soluzione dei problemi (problem-solving)
Teaching methods
Lessons (problem solving)
Workshops
Regolamento Esame
Studenti frequentanti: Esame orale + Valutazione project work
Gli studenti che si ritirano o che non passano l’esame possono ripeterlo nella stessa sessione
Exam Rules
Attending students: Oral exam + Project work evaluation
Students who withdraw or fail the exam may take the exam in the same session
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website. Each student should demonstrate:
• The ability to set the parameters for the problem.
• Ample knowledge regarding the subject of the problem.
• The ability to connect the analysis to other course concepts.
Modalità di frequenza
Attendance Rules
Obiettivi Formativi
CONOSCENZA E CAPACITÀ DI COMPRENSIONE: Capacità di individuare e distinguere i profili caratteristici delle operazioni e servizi offerti nell'area di affari Investment Banking
CAPACITÀ DI APPLICARE CONOSCENZA E COMPRENSIONE: Capacità di utilizzare le conoscenze acquisite nell'ambito dell'applicazione delle metodologie di analisi tipiche dell’ Investment Banking
AUTONOMIA DI GIUDIZIO: Capacità di integrare le conoscenze acquisite nell'analisi dei casi in un contesto reale complesso, formulando giudizi sulla base delle informazioni disponibili
ABILITÀ COMUNICATIVE: Saper comunicare in modo chiaro le conclusioni raggiunte nell'analisi dei casi di studio
CAPACITÀ DI APPRENDIMENTO: Capacità di analizzare i contesti di riferimento delle operazioni di investment banking e applicare le soluzioni appropriate
Learning Objectives
KNOWLEDGE AND UNDERSTANDING: Ability to identify and distinguish the characteristic profiles of the operations and services offered in the Investment Banking area
APPLYING KNOWLEDGE AND UNDERSTANDING: Ability to use the knowledge acquired in the application of the analysis methods typical of the Investment Banking
MAKING JUDGEMENTS: Ability to integrate the knowledge acquired in the analysis of cases in a complex real context, formulating judgments based on the information available
COMMUNICATION SKILLS: Knowing how to communicate clearly the conclusions reached in the analysis of case studies
LEARNING SKILLS: Ability to analyze the reference contexts of investment banking operations and apply appropriate solutions
Prerequisiti
Prerequisites
Programma
• Valutazione aziendale
• Collocamento titoli
• Merchant banking
• Fusioni e acquisizioni
• Crediti e finanziamenti
Program
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Testi Adottati
Books
Bibliografia
Bibliography
Modalità di svolgimento
Workshops (lezioni pratiche in aula)
Lezioni incentrate sulla soluzione dei problemi (problem-solving)
Teaching methods
Lessons (problem solving)
Workshops
Regolamento Esame
Studenti frequentanti: Esame orale + Valutazione project work
Exam Rules
Attending students: Oral exam + Project work evaluation
Aggiornato A.A. 2021-2022
Aggiornato A.A. 2021-2022
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
Aggiornato A.A. 2020-2021
Aggiornato A.A. 2020-2021
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
Aggiornato A.A. 2019-2020
Aggiornato A.A. 2019-2020
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 11-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 3 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
Aggiornato A.A. 2018-2019
Aggiornato A.A. 2018-2019
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 11-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 3 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
EXAM
Oral exam
Group Assignment (optional for attending students).
The group assignment is worth from 0 to 3 extra points, which will be added to the evaluation of the oral exam.
Group assignment evaluation will be considered valid until the beginning of the next academic year.
Aggiornato A.A. 2017-2018
Aggiornato A.A. 2017-2018
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 11-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 3 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
EXAM
Oral exam
Group Assignment (optional for attending students).
The group assignment is worth from 0 to 3 extra points, which will be added to the evaluation of the oral exam.
Group assignment evaluation will be considered valid until the beginning of the next academic year.
Aggiornato A.A. 2016-2017
Aggiornato A.A. 2016-2017
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 11-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 3 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
EXAM
Oral exam
Group Assignment (optional for attending students).
The group assignment is worth from 0 to 3 extra points, which will be added to the evaluation of the oral exam.
Group assignment evaluation will be considered valid until the beginning of the next academic year.
Aggiornato A.A. 2015-2016
Aggiornato A.A. 2015-2016
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 11-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 3 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
EXAM
Oral exam
Group Assignment (optional for attending students).
The group assignment is worth from 0 to 3 extra points, which will be added to the evaluation of the oral exam.
Group assignment evaluation will be considered valid until the beginning of the next academic year.
Aggiornato A.A. 2014-2015
Aggiornato A.A. 2014-2015
INVESTMENT BANKING
TEACHING STAFF RESPONSIBLE FOR THE COURSE:
Prof. Vincenzo Farina
Email: vincenzo.farina@uniroma2.it
Availability: Wednesday , 10-12
LEARNING OBJECTIVES
The course examines the main functions of the investment banking activity. Based on relevant cases study the course focuses on the main topics in investment banking such as:
• Corporate Valuation
• Debt and equity offerings
• Merchant banking
• Merger and acquisition
• Credit and financing
Objective of the course is to provide students with the theoretical and conceptual tools used in investment banking. Therefore it is appropriate for students who are pursuing a career in investment banking or in the investment banking division of a financial firm. The course is also suitable for students who wish to broaden their understanding of corporate finance concepts and techniques.
TEACHING METHODS
Lessons and case discussions
MAIN REFERENCES
Iannotta, G., Investment Banking, Springer-Verlag, 2010.
CASE DISCUSSIONS AND GROUP WORK
Students are expected to be fully engaged in the entire learning process. This means that students need to prepare the assigned readings of the cases prior to each class and come to class prepared to participate in discussions and/or group work to enhance the learning of the individual and the class. Students will find the relative material for each case on the website.
Rules of case discussions
With case discussions, each student should demonstrate:
• The ability to set the parameters for the problem (key concepts from the case).
• Ample knowledge regarding the subject of the case (understanding of material, good response to the observations of others).
• The ability to connect the case to other course concepts.
• The ability to involve others in the discussion.
Rules of group project work:
• Pick your own groups (each group consists of max. 8 participants: if you have trouble getting picked, I will help)
• All group work will be self policed (except in extreme circumstances!).
• There will be one grade per group, no matter how the work load is distributed among the group members.
Before class discussion, groups should send a “PPT presentation (max. 25 slides)” to the instructor.
OTHER LEARNING SOURCES
Other material will be available on the course website.
ATTENDANCE
Attendance in class is very important. Students who miss more than 6 hours will be considered non-attending.
EXAM
ATTENDING STUDENTS
Oral exam 80%
Group project 20%
NON ATTENDING STUDENTS
Oral exam