- Docente: Safwan Mchawrab
- Docente: Michal Paserman
This course of the GEMFIN executive program, aim to provide students with a practical understanding of an Investment Banking environment, through a financial simulation.
Through this module, students will explore Investment Banking environment by playing the role of interns in charge providing financial services and financial advisory (Debt Underwriting, Sell Side, Buy Side, Fairness Opinion, Acquisition, Divestiture, Derivatives, Debt Restructuring and Corporate Negotiations). Students are spread over different teams, and compete against each other. The financial simulation is run over various round, where each round covers a set of transactions/decisions to be undertaken by each team. At the end of each round, each team is invited to submit a summary of the decisions undertaken, highlight and justify the assumptions retained in a memo, and provide an excel spreadsheet for financial modelling (excel and memo template provided).
This module will use the “Finsimco” simulation interface. Students will receive guidance and financial documents through the platform. They are as well expected to submit their decisions, memos and excel spreadsheets using the palteform.
On completion of this module the student should:
· Understand the role of investment banking Industry and distinguish between its different divisions
· Practice in a real life simulation major financial transactions
· Practice financial modeling and run different valuation process
· Practice negotiation and deal structuring
· Build a dynamic spreadsheet (Excel), compute the compensation and measure of management the financial performance of funds.