GUJARAT TECHNOLOGICAL UNIVERSITY
MASTER OF BUSINESS ADMINISTRATION (Global Program)
Year II (Semester IV) (W.E.F. January 2014)
ELECTIVE SUBJECT
Subject Name: Investment Banking (IB)
Subject Code: 2840601
1. Course Objectives: To make the students aware about investment banking, valuation of
companies, financial markets and restructuring of business.
2. Course Duration: The course duration is of 36 sessions of 75 minutes each, i.e. 45 hours.
3. Course Contents:
Module
No:
I
II
Module Content
No. of Marks (70
Sessions Externa
l exam)
The businesses of investment banking : Investment banks role
7
17
and function; The trends in investment banking; History
and Emergence of investment banking; Types of
investment banks; Raising capital: Equity and Debt; Raising
Terms loans and working capital and appraisal thereof;
Raising funds through using other debt instruments;
including international funding; rating of instruments
Valuation of companies and business: Equity and Bond
Valuation,
Equity Research in investment banks; Business Valuation
Models, Stock price and equity research; Investment
Banking Perspective in Corporate Restructuring and M&A ;
The role of investment banks in structuring M&A
transactions, due diligence
17
III
Financial Markets: Understanding of Primary Market (IPO)
and Secondary Market; Fund Raising through Private
Equity, Venture Capital and Private Placement;
Regulatory Aspects of Investment Banking, Ethics and compliance
Differences in corporate governance between corporate
clients and investors
18
IV
Issue Management: Role of Investment Banking in
Primary
Market (IPO); Functions of Merchant Banker in
Issue Management; Underwriting and Bought Out
Deals; Buybacks and Delisting
Restructuring of business and ARCs: Restructuring Financial
and organizational restructuring, BIFR, Corporate
Debt Restructuring, SARFAESI Act, ARCs, Re-schedulement
and Restructuring;
Practical
Module:
Prepare a project of your choice using the
theoretical fundamentals in above modules and also prepare
a project report under the guidance of your subject teacher.
18
(20 Marks
of CEC
Internal
Evaluation)
4. Teaching Method: The following pedagogical tools will be used to teach this
course: (1) Lectures and Discussions
(2) Role Playing
(3) Assignments and Presentations
5. Evaluation:
A
Projects/ Assignments/ Quizzes/ Individual or group
Presentation/ Class participation/ Case studies etc
Mid-Semester Examination
End Semester Examination
Weightage 50 marks
(Internal Assessment)
Weightage 30 marks
(Internal Assessment)
Weightage 70 marks
(External Assessment)
6. Basic Text Books:
Sr.
Author
Name of the Book
No.
T1 Pratap G
Investment Banking
Subramanyam
Publisher
TATA McGraw Hill
Edition
2011 Latest edition
T2 Ranjan Rakesh Investment Banking
Wiley Publication
Latest edition
T2 Khatua
Oxford Publication
Latest edition
Project Management &
Appraisal
7. Reference Books:
Sr.
No.
R1
R2
Author
Dr R P Rustogi
Ashwarath
Dampdaran
Name of the Book
Working Capital
Management
Damodaran On
Valuation
Publisher
Edition
Taxmann
Latest edition
Publication
Wiley Publication Latest edition
R3
Candra
Corporate Valuation
TMH publication
Latest edition
R4
Finnery
Project Financing
Wiley Publication Latest edition
R5
Bhattacharya
Working Capital
Management
PHI publication
R6
Prasana Chandra
Project
Planning,concepts
TMH Publication Latest edition
Latest edition
8. List of Journals/Periodicals/Magazines/Newspapers, etc.: Journal of Finance, Journal
of
Finance and Economics, Journal of Banking and Finance
9. Session Plan:
Session
no.
1-2
3-4
5-6
7
8-9
Topic
Investment banks role and function; The trends in investment banking; History
and Emergence of investment banking
Types of investment banks; Raising capital: Equity and Debt
Raising funds through using other debt instruments; including international
funding; rating of instruments
Raising Terms loans and working capital and appraisal thereof
Valuation of Companies and Business, Equity and Bond Valuation,
10-11
12-13
Business Valuation Models, Stock price and equity research, Equity Research in
investment banks
Investment Banking Perspective in Corporate Restructuring and M&A ; The role of
investment banks in structuring M&A transactions, Due diligence
14-15
Financial Markets: Understanding of Primary Market (IPO) and Secondary Market
16-17
Fund Raising through Private Equity, Venture Capital and Private Placement
18-19
22-23
Regulatory Aspects of Investment Banking, Ethics and compliance
Differences in corporate governance between corporate clients and investors
Issue Management: Role of Investment Banking in Primary Market (IPO);
Functions of Merchant Banker in Issue Management
Underwriting and Bought Out Deals; Buybacks and Delisting
24-25
Underwriting and Bought Out Deals; Buybacks and Delisting
26-28
Restructuring Financial and organizational restructuring, Corporate Debt
Restructuring, Re-schedulement and Restructuring, BIFR, SARFAESI Act, ARCs
20-21
29-36
Practical Module:
Prepare a project of your choice using the
theoretical fundamentals in above modules and also prepare
a project report under the guidance of your subject teacher.
