21201542 - CORPORATE AND INVESTMENT BANKING

The Course is focused on the investment banking business as a group of services offered to corporate and institutional clients. The Course objective is the analysis of the main business areas under different points of view: deal structuring, processes followed during the transactions and roles played by the intermediary, the impact on the performance of the bank.

Curriculum

teacher profile | teaching materials

Mutuazione: 21201542 CORPORATE & INVESTMENT BANKING in Finanza e impresa LM-16 N0 CARATELLI MASSIMO

Programme

This course aims, first of all, to provide an overview of the role and the main activities carried out by the banks in the investment banking business. The central part of the course is dedicated to an analysis of the technical characteristics and of the economic and management profiles of the corporate finance transactions. Finally, the course presents the objectives as well as the organization and the behavioral models of bank intermediaries active in the market, also considering the role of regulation and supervision.
1. The segmentation of the banking market
2. The business of corporate & investment banking
3. The structured finance operations: the project finance
4. The leveraged buy-out
5. The securitization
6. The equity capital market services
7. The venture capital activity
8. The listing of companies and the role of financial intermediaries
9. The credit operations: from traditional formulas to complex structures
10. The bank-firm relationship

Core Documentation

Fleuriet M. (2018), Investment banking explained: An insider's guide to the industry, second edition, McGraw-Hill Education.

Type of delivery of the course

The course program includes traditional classroom lessons and expert seminars, in order to stimulate students’ critical analysis skills. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out the educational activities will be implemented. In particular, lessons and expert seminars will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.

Attendance

Attendance in the course is recommended, but not mandatory.

Type of evaluation

A (mandatory) oral examination and two (optional) written tests (middle and end-course). The intermediate written tests (about 90 minutes) include open-ended questions, exercises, and multiple choice tests. The oral examination is a discussion about at least three topics of the program. The oral and written examinations are used to evaluate: i) the degree of knowledge of the syllabus; ii) analytical and critical judgement; iii) the ability to use technical language. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out students' assessment will be implemented. In particular, oral and written examinations will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.

teacher profile | teaching materials

Mutuazione: 21201542 CORPORATE & INVESTMENT BANKING in Finanza e impresa LM-16 N0 CARATELLI MASSIMO

Programme

This course aims, first of all, to provide an overview of the role and the main activities carried out by the banks in the investment banking business. The central part of the course is dedicated to an analysis of the technical characteristics and of the economic and management profiles of the corporate finance transactions. Finally, the course presents the objectives as well as the organization and the behavioral models of bank intermediaries active in the market, also considering the role of regulation and supervision.
1. The segmentation of the banking market
2. The business of corporate & investment banking
3. The structured finance operations: the project finance
4. The leveraged buy-out
5. The securitization
6. The equity capital market services
7. The venture capital activity
8. The listing of companies and the role of financial intermediaries
9. The credit operations: from traditional formulas to complex structures
10. The bank-firm relationship

Core Documentation

Fleuriet M. (2018), Investment banking explained: An insider's guide to the industry, second edition, McGraw-Hill Education.

Type of delivery of the course

The course program includes traditional classroom lessons and expert seminars, in order to stimulate students’ critical analysis skills. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out the educational activities will be implemented. In particular, lessons and expert seminars will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.

Attendance

Attendance in the course is recommended, but not mandatory.

Type of evaluation

A (mandatory) oral examination and two (optional) written tests (middle and end-course). The intermediate written tests (about 90 minutes) include open-ended questions, exercises, and multiple choice tests. The oral examination is a discussion about at least three topics of the program. The oral and written examinations are used to evaluate: i) the degree of knowledge of the syllabus; ii) analytical and critical judgement; iii) the ability to use technical language. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out students' assessment will be implemented. In particular, oral and written examinations will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.

teacher profile | teaching materials

Mutuazione: 21201542 CORPORATE & INVESTMENT BANKING in Finanza e impresa LM-16 N0 CARATELLI MASSIMO

Programme

This course aims, first of all, to provide an overview of the role and the main activities carried out by the banks in the investment banking business. The central part of the course is dedicated to an analysis of the technical characteristics and of the economic and management profiles of the corporate finance transactions. Finally, the course presents the objectives as well as the organization and the behavioral models of bank intermediaries active in the market, also considering the role of regulation and supervision.
1. The segmentation of the banking market
2. The business of corporate & investment banking
3. The structured finance operations: the project finance
4. The leveraged buy-out
5. The securitization
6. The equity capital market services
7. The venture capital activity
8. The listing of companies and the role of financial intermediaries
9. The credit operations: from traditional formulas to complex structures
10. The bank-firm relationship

Core Documentation

Fleuriet M. (2018), Investment banking explained: An insider's guide to the industry, second edition, McGraw-Hill Education.

Type of delivery of the course

The course program includes traditional classroom lessons and expert seminars, in order to stimulate students’ critical analysis skills. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out the educational activities will be implemented. In particular, lessons and expert seminars will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.

Attendance

Attendance in the course is recommended, but not mandatory.

Type of evaluation

A (mandatory) oral examination and two (optional) written tests (middle and end-course). The intermediate written tests (about 90 minutes) include open-ended questions, exercises, and multiple choice tests. The oral examination is a discussion about at least three topics of the program. The oral and written examinations are used to evaluate: i) the degree of knowledge of the syllabus; ii) analytical and critical judgement; iii) the ability to use technical language. In the case of an extension of the state of health emergency due to COVID-19, all the provisions that regulate the methods of carrying out students' assessment will be implemented. In particular, oral and written examinations will be held online on the platforms made available by the University. Moreover, it is advisable to regularly check the institutional information channels carried out by the University in order to be aware of the provisions in force.