MN52107: Investment banking
[Page last updated: 23 October 2023]
| Academic Year: | 2023/24 |
| Owning Department/School: | School of Management |
| Credits: | 5 [equivalent to 10 CATS credits] |
| Notional Study Hours: | 100 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
- Semester 2
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| Assessment Summary: | CWRI 100% |
| Assessment Detail: |
- Project report (CWRI 100%)
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| Supplementary Assessment: |
- Like-for-like reassessment (where allowed by programme regulations)
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| Requisites: |
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| Learning Outcomes: |
By the end of the unit, you will be able to:
- Critically discuss the role of regulation in investment banking, the potential for conflicts of interest and the ethical concerns in the industry
- Understand and explain the main motivations of investment banks in their activities
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| Synopsis: | Develop your understanding of the principles of investment banking. You will explore the role of investment banks in the financial services sector and the global economy.
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| Content: | Key elements to be included:
- Introduction to investment banks, including: history of investment banking, regulatory changes over time, organisational structure of banks, costs, revenues and strategies.
- Underwriting: equity (initial public offerings, follow on offerings), corporate bonds.
- Mergers and Acquisitions: the role of investment banks in acquisitions.
- Leveraged Buyouts: characteristics, roles of investment banks, exit strategies.
- Valuation: comparable companies analysis, precedent transaction analysis and discounted cashflow analysis.
- Ethics and conflicts of interest.
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| Course availability: |
MN52107 is Compulsory on the following courses:
School of Management
MN52107 is Optional on the following courses:
School of Management
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Notes: - This unit catalogue is applicable for the 2023/24 academic year only. Students continuing their studies into 2024/25 and beyond should not assume that this unit will be available in future years in the format displayed here for 2023/24.
- Courses and units are subject to change in accordance with normal University procedures.
- Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
- Find out more about these and other important University terms and conditions here.
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