This module reviews the basic structure of an investment bank. It focuses on the basic activities of the different functional areas including sales and trading, corporate finance, compliance etc.
On completion of this course you will gain an understanding of:
- the different parts of the investment bank or Investment Banking Division (IBD)
- the capital structure of companies, the split between debt and equity and how leverage increases returns to equity
- what bonds and Eurobond markets are and what the Debt Capital Markets (DCM) do
- what equities (stocks or shares) are and the work of the Equity Capital Markets in both primary issues (IPOs) as a book runner or lead, and in secondary offerings (rights issues)