Investment banking is one of the most profitable courses to take up. It is not only a booming career option in Korea but a high-paying job in many parts of the world. The average salary of a successful investment banker on a global scale can go as high as $600K. Therefore, an Investment banking training program can offer insight into the handling of financial transactions as well creating finances for other organizations, providing underwriting services, and more. In this article, we have compiled some investment banking courses in South Korea.
Studying in South Korea, also known as the Republic of Korea, is a great experience for international students. The country offers a unique culture and a wide variety of cuisine that is worth trying out. With that in mind, we can say South Korea has something for every type of student!
In recent years the country has gained worldwide recognition for its K-pop and K-drama industries, having a wide appeal to teenagers and young adults alike.
Moreover, it provides a safe environment for students who travel alone and there are many convenience stores in Korea that feature a self-service agenda. This means you don’t always need to be fluent in the local language to order food.
A CCTV system ensures that you get your own food and pay. Koreans are very serious about academics and the country offers top universities and a top quality education.
International students can get access to dorms and other affordable apartments which guarantees more convenience and quality of life. Many universities have investment banking courses in South Korea that provide certificate courses and opportunities for further training.
Future of Investment Banking Courses in South Korea
Benefits of working in the Investment Banking sector
Frequently Asked Questions (FAQs)
Conclusion
Who is an Investment Banker?
Investment banking is a section of banking that pertains to organizing and raising finances and providing financial aid to organizations and clients. As an Investment banker, you serve a variety of functions including acting as intermediaries between companies, underwriting, facilitating IPOs (Initial Public Offering), and performing market research to influence decisions relating to investment.
It takes a good amount of training and skills to have the perfect qualifications of an Investment Banker.
Communication– A person must be able to communicate well and have the ability to connect with other people and companies. Good communication helps to build interpersonal skills and expand the network.
Problem-solving attitude– Investment bankers are expected to solve complicated problems related to business and finance. They should possess an analytic mindset and be ready to solve any given problem at hand and be resourceful while doing so.
Open-mindedness– It is an important quality that is essential in the working environment. It enables people to be optimistic and try to approach problems differently each time. It is necessary to be dynamic and grow alongside the organization’s changing work environment.
Time management– It is a skill that is particularly appreciated among employers and supervisors and with the heavy workload of Investment bankers, it is a mandatory skill to have.
Teamwork– You can gain this skill with Investment baking courses or training programs. Investment bankers are required to work in collaboration with their teams and form networks with financial experts and clients.
Leadership ability– With the help of proper training and competence on the part of the investment banker, advancing to higher positions is a given. Leadership skills in a person ensure the effective working of the whole team, increasing overall work efficiency and productivity.
IIM SKILLS which has its headquarters in New Delhi, India is an online Ed-tech institution. They have trained over 35,000 students from over 30 countries across the globe since 2015 and the numbers will just keep increasing.
IIM SKILLS started with the Content writing master course before introducing other extensive courses that are led by expert trainers. The live training courses offer a detailed curriculum that dives deep into the subjects.
Each of the topics that are covered is carefully organized by the staff with the help of leaders and experts in the industry. Hence it increases the probability of a comprehensive quality education.
The total fee for enrolling in the certified investment banking course is Rs. 39,900 + 18% GST. They include introductions to various applications, software, tools, and resources in order to help the students keep up with the latest industry developments and trends.
Seoul National University is one the most sought-after universities in Asia, with a very slim acceptance rate. It has been offering students a top-quality education and providing services that live up to the reputation the university holds.
The university offers a wide variety of courses from groups of Science, Commerce, and Arts as well as subjects focusing on practical skills. Hence, it is our first choice for investment banking courses in South Korea.
Seoul National University accepts international enrollments every year and most of their courses are offered in English.
According to the university website, it is advisable for international students to learn Korean alongside their course for their future convenience. The average course fee for international students amounts to 6,000 USD per semester.
Moreover, SNU fosters a healthy research environment for all dedicated students and the eligibility criteria require the student to hold a Bachelor’s degree from a reputed institution, or at minimum, to have passed high school.
Brief Idea of Course Curriculum for School of Business:
Semester 1
Business Philosophy and Ethics
Business Communication
Financial Management
Insurance and Risk Management
Investments
Marketing Research
International Business Environment
Digital Marketing
Semester 2
Principles of Accounting
Management Information System
Cost Accounting
Managing Networked Business
Supply Chain Management
Advertising Management
Firm, Value, and Finance
Looking for other in-demand courses for career development? Dig in here:
South Korea harbors an extremely strict and competitive academic environment, and with each passing year the expectations for academic excellence increase.
Yonsei University in Seoul is well-reputed among both national and international students but it is considered very hard to get into. The average enrollment rate is over 38,000.
Yonsei, along with Seoul National University and Korea University, is part of the top three universities in Korea referred to as “SKY” making it part of the highly sought-after universities that parents dream of enrolling their children in.
Another fun addition to Yonsei’s popularity among international students is its feature as a filming location for popular Korean dramas. The average total fees for everything including tuition, study materials, housing, and transportation can amount to 10,000-11,000 USD.
The admission process for International students differs from the admission procedure for Korean students. Therefore, it is advised to refer to their website for further details.
Course Curriculum for Business School:
Organizational Behaviour
Principles of Accounting
Marketing
Financial Management
Management Service
Production and Operations Management
Management Information Systems
Management Accounting
Strategic Management
Is finance your niche? Here are the best courses for you:
Korea University, located in the Anam district of Seoul, offers a wide selection of high-quality courses and is considered one of the top universities in South Korea. The course types are mainly undergraduate, postgraduate, and doctoral programs with differences in fee structure.
Business courses at the undergraduate level can cost approx 6,000-12,000 USD per semester, while in Masters it ranges from 20,000-30,000 USD.
The university is well-recognized and has partnerships with many other universities across the globe. As an international student, you may also be able to participate in its student exchange programs. Korea University offers courses in both English and Korean.
Students affiliated with Korea University can participate in various social and cultural programs, and enjoy other events hosted by the university. They also offer career guidance sessions and job placements.
If you are looking for investment banking analyst jobs, you must enroll in these courses. Hence, it is worth checking out if you’re opting for investment banking courses in South Korea.
Brief idea of course curriculum of Business School (2022):
Introduction to Operations Management
Financial Management
Marketing Management
International Business
Intermediate Accounting
Management Strategy
Organizational Behaviour
5. Kyung Hee University
Founded: 1949
Platform: Offline
Website: https://www.khu.ac.kr/eng/main/index.do
Certificate: Yes
Placement: partially yes
Kyung Hee University is a private research university with campuses in Seoul and Suwon. It has a very good reputation as an institution and is considered to rank sixth among the top universities in Korea. Moreover, like many other top institutions, it has a notable alumni base.
The university offers special programs for international students which makes it favorable if you are on the lookout for investment banking courses in South Korea.
The acceptance rate for this is average and the competition rate is moderate, unlike the SKY universities. The languages that are focused on are specifically Korean and English and almost 30% of the courses are in the English language.
It provides options for other languages as well. Acceptance and tuition fees for Kyung Hee University are 18,000 USD on average. The students are provided with the option to pay their full fees for up to 4 years after their admission.
A brief idea of the curriculum
International economics
Global business strategy
International trade communication
Foreign direct investment
Foreign exchange theory
International market research
Merges and acquisitions
Along with internships
6. Udemy
Founded: May, 2010
Platform: Online
Website: https://www.udemy.com/
Certificate: Yes, only paid courses
Placement: No
Technological advancements in the field of education have seen the rise of ed-tech companies since online learning has become the new norm. Udemy is a widely reputed international online teaching and learning platform, that has headquarters in California, USA.
Their website gives access to thousands of videos, either paid or unpaid, giving comprehensive explanations on various topics. The courses are taught in nearly 75 languages including English, Korean, Spanish, and French, meanwhile attracting over 60 million learners worldwide.
If you’re looking for an investment banking certification course, you can access Udemy’s videos for a maximum of 3,199 INR. These courses can only help increase your job-related skills. Udemy does not guarantee a placement but can help you gain practical skills in your chosen industry.
Top course categories at Udemy:
Design
Development
Marketing
IT and Software
Personal Development
Business
Photography
Music
Topics to focus on for Investment Banking:
Investment banking strategies
Equity capital markets
Brokerage and trading
Debt capital markets
Asset management
Skills like communication and leadership
7. Coursera
Founded: 2012
Platform: Online
Website: https://www.coursera.org/
Certificate: Yes
Placement: partially yes
Another online platform that provides online education services is Coursera. The company is known for its partnerships with other universities and organizations across the globe. As of 2023, it provides over 4,000 courses in partnership with 200+ universities including institutions that provide investment banking courses in South Korea.
Coursera’s investment banking course, offered by the University of Illinois, is taught in English and is supported with video subtitles in 19+ languages. It can help you get familiar with important concepts and develop your job-related skills.
At the end of the course, you are rewarded with a certificate of completion that can help enhance your profile or resume. The total fees at Coursera amount to 4,670 INR.
Coursera provides most of its courses for free and comes with a 7-day free trial before you can choose to subscribe. Each module is divided into videos, reading materials, quizzes, and discussions for a comprehensive experience.
Courses offered at Coursera:
Social Media Markerting
Mathematics
Artificial Intelligence
Chemistry
Data Science
Psychology
Human Physiology
Machine Learning
The course curriculum for investment banking:
Financial Spreads and Adjustments
Analysis of Comparable Public Companies and Valuation
Comparable precedent transaction analysis
Discounted Cash Flows
Future of Investment Banking Courses in South Korea:
The investment banking sector of the marketing industry has seen a lot of profit all over the world. It has been increasing its profits in the past year. The work of an investment banker is not an easy one and it takes more effort, talent, and skill on their part, recent years have seen an increase in competitiveness within the industry.
They are always expected to have a deep understanding of the economic and financial situations and forge close connections with clients to help them with their needs, execute important transactions, and provide specialized solutions.
As per the market research conducted it can safely be stated that the finances and investment industry will see prosperity in the continent of Asia, in the coming years. This includes countries like India, China, South Korea, and many more.
South Korea’s take on the economic trends is also experiencing changes. As per an article from The Banker, they intend to enhance competition between banks and non-bank institutions.
One reason why this idea was proposed is due to the dynamic economic landscape. Therefore the future of investment banking courses in South Korea and the probability of pursuing this field is on the rise.
Benefits of Working in the Investment Banking Sector:
This sector can have some benefits aside from being a high-income profession. The following is a list of 10 reasons why investment banking could be for you.
Investment bankers can get access to good-quality packages such as bonuses and commissions.
Sometimes while working in this industry you get a chance to form networks with high-profile clients. It can help expand your personal network with other professionals and lead to career growth.
Investment banking is a high-level profession and is surely going to give you a prestige boost and increase your social standing.
The role of investment bankers is intellectually stimulating. They are required to deal with complex and analytical problems with intelligence, therefore, working in this field can bring professional growth.
Working with a team of similarly dedicated and capable colleagues can help build your opportunities to continue learning and developing.
Similarly, continuous learning and exposure to complex transactions, financial dealings, and industries related to your field of work can boost your knowledge and expertise in the industry.
Many investment banks have dealings with foreign companies, giving them global exposure. It can add opportunities for you and your team to work on international deals and interact with clients from around the world.
The skills that you acquire while working in the investment banking field, such as financial analysis, modeling, and risk assessment are transferable. They are considered valuable soft skills in other fields of banking and business.
Investment bankers are constantly working in a fast-paced and dynamic environment. It can be tedious and repetitive to some while exciting for others who are willing to thrive in such an industry.
It can give you an opportunity to work with industry leaders and receive professional guidance and mentorship.
Frequently Asked Questions (FAQs):
Q) Can we study investment banking courses in South Korea?
Yes absolutely, there are a number of reputed institutions to choose from. Korea offers plenty of universities that focus on the quality of education as well as services like online courses for foreign students in certain subjects. Some such universities are Seoul National University, Korea University, Yonsei University, and Kyung Hee University. You can apply to any of these for an investment banking certificate course.
Q) What courses to take for investment banking?
There can be a variety of courses that can help you develop the proper skill set required for investment banking. Some examples can be taking up a course on finance modeling and finance analysis, mergers and acquisitions, private equity, and corporate valuation. Aside from this, a number of soft skills are required. A business degree from a recognized university can be essential if you are looking to apply for investment banking courses in South Korea.
Q) Why are investment banking courses in South Korea important?
It is no hidden fact that investment bankers do a lot of important work. Many major companies depend on these investment bankers to raise capital, as well as advise them on other matters related to finances. Mergers and acquisitions provide services that help companies negotiate deals, identify potential clients, and advise on strategic restructuring.
Investment banks provide a range of risk management services that can help clients identify potential financial risks. An investment banking training program or internship can get you on top of the industry with the right skills and knowledge.
Q) Can a business degree help you become an investment banker?
Yes, as stated earlier universities in Korea offer comprehensive courses on business. These can include a wide spectrum of topics related to the field. Although it is advised to check the entire curriculum when opting for investment banking courses in South Korea, to understand which course is right for you.
Conclusion:
Since investment banking is becoming a profitable career path, more students are opting for it. In this article, we have compiled a list of the best investment banking courses in South Korea and other necessary pieces of information. Whether you are a student or a working professional in the industry, if you have an interest in and dedication to investment banking, this article can guide you to the right path.
When you are pursuing the investment banking career path, you are presented with opportunities to grow and enhance your skills. Moreover, it is a profitable career in the long run and lets you build a standard connection of networks in the industry. Investment banking courses are a popular choice for many individuals like you, who are pursuing the finance industry. Several reputed institutions offer courses along with investment banking certification, and it can get tedious to choose the right one. Thus, in this article, we’ll bring you a detailed review of the IIM SKILLS vs Data Trained Investment Banking Course.
What Do We Mean by Investment Banking?
To explain how Investment banking works, we should understand how a regular bank works and what is different about Investment banks. Unlike other banks, Investment banks provide brokerage services to aid clients in trading with others, provide research for investors to choose securities and participate in stock markets to connect buyers and sellers.
Investment banks play a significant role in managing people’s finances and offering financial advice to individuals and institutions. Many large businesses get help with complicated financial transactions by involving investment banks. Thus, investment banks provide a solid link between a company and its investors.
Professional online courses on investment banking have been a popular choice among students and professionals, who are looking to gain new experience and knowledge. You should always choose the courses with recognized investment banking certification.
Online courses have been on the rise for a long time and it’s for a good number of reasons. Online Investment banking certification courses are a popular option among students.
Online courses are flexible and have no issues with distance and time zones. It allows students to learn at their own pace and the time that is the most convenient for them. Thus, online courses are very effective for helping professionals and students learn while they are preoccupied with other things.
Courses sold online are relatively cheaper than regular courses. This is due to their shorter schedule, session recordings and shorter but to-the-point duration of classes. Students can save a lot of money while getting the accurate knowledge they require on the subject.
Students are offered courses that they want to learn, even if they are available at universities away from their region. In recent years, there has been a rise in online-based institutions and the student population has greatly benefitted from it.
Learners can get a chance to learn from industry experts and directly communicate with them. They are presented with the latest tools and examples from real-world case studies.
Now that we’re on this topic, let us make a comparative analysis of the IIM Skills vs Data Trained Investment Banking course.
IIM SKILLS vs Data Trained Investment Banking Course – Review
1. IIM SKILLS vs Data Trained Investment Banking Course- About the Institute
IIM SKILLS
The Ed-tech company which has been functioning since 2015, has served its students with low-cost online courses on various subjects. The company was started by Mr Vaibhav Kakkar with the Content Writing Master Course, before growing into what it is today.
The courses are designed after intensive research of the industry trends, and the faculty is well-trained and experienced with the latest tools. As a student, you’ll find yourself a variety of courses to choose from, each equipped with interactive classes, doubt-clearing sessions and live sessions. Master certifications are provided after completion of the course.
The institution was established in 2012, aiming to make professional education accessible to everyone and lessen the curve. They believe in imparting quality education in emerging technologies like Data Science, Big Data, Analytics, Machine Learning, Cloud Computing and many more.
The faculty consists of over 500 professionals who work on framing the curriculum. The curriculum in question is prepared in a way to makes learners job-ready. The Ed-tech company is also partnered with leading corporations and has been helping their students get placed in ideal jobs.
Moreover, they believe in the principles of learning from experienced individuals, flexibility in learning and a coherent education.
2. IIM SKILLS vs Data Trained Investment Banking Course – Course Overview
Both Ed-tech companies provide intensive curricula to their learners for Investment banking courses. Given below are the details:
3. IIM SKILLS vs Data Trained Investment Banking Course – Course Features
IIM SKILLS
The company offers online courses and access to all its resources and study materials are available at all times.
Flexibility in the schedule allows you to work in your free time and the interactive courses allow you to immerse yourself in it.
Both Weekend and Weekday batches are scheduled to fit everyone’s agenda.
The curriculum is prepared to be updated with the latest happenings in the industry and every material is available through LMS.
After completion of the course, an investment banking certification is presented to those who score 50% on the exams.
Students are offered internship opportunities to help them gain experience and make them more hardworking.
Data Trained
Students with no experience or a maximum of 3 years of experience can join the course.
Live online training is provided as well as classroom teaching.
The company has partnerships with more than 950 organizations for the benefit of their students.
The overall learning material covers over 200 hours of reading.
Students will gain skill enhancement with the learning procedures and the faculty uses practice tests to measure each student’s progress.
The company has taught more than 2200 learners worldwide through its various branches.
The company has dedicated student support, where program managers are available on call and chat.
Along with the study materials and more than 48 live sessions, there are 10 case studies and projects for students to work on.
4. IIM SKILLS vs Data Trained Investment Banking Course – Eligibility
IIM SKILLS
The eligibility criteria here consist of students from generally any background, but a student with a bachelor’s degree in BBA, commerce or any finance field is preferred. The student must have prior knowledge or at least basic research done on statistics and finance. The said student must be motivated and ready to face the challenges they might be put through. Other than that, any student with an interest in the investment banking domain can join the course.
Data Trained
The institution prefers graduates who are either experienced or inexperienced in the investment banking domain. However, it is preferred that students with a background in commerce fields, Economics, Finance and related fields apply for the course.
5 IIM SKILLS vs Data Trained Investment Banking Course – Fees and Duration
IIM SKILLS
The total fee for the investment banking certification course here is 39,900 INR with an additional 18% GST. The fee is determined including the certification and exam charges. The overall duration of the course is three months, consisting of weekday/weekend batches.
Data Trained
The institution charges a fee of 90,000 INR for its Postgraduate Investment Banking and Financial Modelling course, with an extra 18% GST. In case of placement success for a student, the fee charged will be 50,000 INR. The full duration of the course is six months, including program orientation and regular classes.
6. IIM SKILLS vs Data Trained Investment Banking Course – Detailed Curriculum
IIM SKILLS
MS PowerPoint –
Focuses on the concepts, keyboard shortcuts and the ways to create designs for creative presentations and managing slides. Alongside these basic formatting and application of animations or transitions are given instructions.
MS Excel –
Features like Offset and Index, formatting of numbers and fonts are covered. For beginners, concepts of rows, columns and cells are cleared. You’ll also learn to use several graphs or charts like Bar graphs, Waterfall graphs, Pie graphs and Histograms.
Financial System and Market –
The investment banking certification course includes the characteristics, types of financial systems and other things like bond price, interest, and yield, along with a solid understanding of long/short positions. The students will get a better understanding of exchange-traded securities.
The Derivative market –
In this, the students learn forwards, futures, options, hedging and speculating. They are taught about categories of payoffs and price structures, delving more into the Derivative market.
Investment Banking Techniques –
Like other investment banking certification courses, you’ll learn the types of investment banks, understand comparisons between investment banks, merchant banks and commercial banks, and learn more about Mergers and Acquisitions.
Different marketing collaterals –
A clear idea of Investors or Buyers and Non-disclosure contracts is formed in the minds of learners.
The Technical Side of Financial Modeling –
Understanding the financial model construction is important, while, working on the development of scenarios can be necessary. For the full potential of an investment banking certification course, It is important to know schedule creation for fixed or working capital debt and build in-depth revenues with cost drivers for all businesses.
The Business Valuation –
Lastly, the course brings to its students cost computations, while making them familiar with terms like CAPEX variation and NOPAT. On the other hand, business valuation in Mergers and acquisitions aids in assigning a dollar value to businesses. Covering these topics in detail can, therefore, make your investment banking certification worthwhile.
There are a total of thirteen modules in this curriculum.
Module 1: Basics of Finance
The basic idea of corporate finance is required for the student, to understand the concepts and related terms of financial modelling and valuation. So, with this investment banking certification, you could grasp the concepts and boost your understanding of finance. The topics covered include the meaning of finance, three decisions that are important in Financial Management, the objectives of Financial Management and the Time value of money.
Module 2: An Introduction to Financial Statements
The financial modelling is based on a total of three financial statements, balance sheet, cash flow and income statement. You will be introduced to these statements alongside Ratio Analysis, which is one of the most used techniques to measure the financial health of a company. Learning about Ratio Analysis can help you analyze the financial health of any organisation. You can look forward to topics like Income Statements, Balance Sheets, Interlinkages between the three financial statements and Cash Flow Statements. Explanations of important terms like Depreciation, Amortization etc, are given. An introduction to the Annual Report, the types of Revenues and Expenses, and Ratio Analysis of Financial Statements are important for an investment banking certification.
Module 3: Basics of Economics
For a student with an economics background, this might be familiar. Otherwise, for non-economics background students, knowledge of Micro and Macro is essential in the world of finance. With that in mind, the module solely focuses on these two aspects. Under Macroeconomics – you understand the concept of Gross Domestic Product, learn about Inflation, and gain an understanding of policies like Fiscal Policy and Monetary Policy. You also learn the importance of banking and Cash Reserve Ratio along with Statutory Liquidity Ratio. Under Microeconomics – You’re taught about the concept of utility, production function in the Short Run and Long Run, and the Theory of Supply and Demand. Other than that, the types of Market Structure, Economy, Company Framework and Industry are covered.
Module 4: Introduction to Investment Banking
In this module, Investment Banking is covered in detail. Your understanding of the concept is formed, while you learn to recognize the critical role of investment banks in the capital formation process. A comparison of traditional banking and investment banking is made to clear doubts and observe the types of investment banks while analysing their operations. The students are assisted in the process of discovering the production of cash through banking operations.
Module 5: Financial Modelling and Valuation Introduction
The learner will be able to understand the background of valuation and get a taste of Financial Modelling and valuation. This module is sure to help you immerse yourself in the other parts that follow it. The required topics covered to understand this are the basics, the philosophical basis of Valuation, addressing the potential biases in Valuation, sources of Uncertainty and Complexity, as well as, potential approaches to Valuation like Relative valuation and Discounted cash flow.
Module 6: Basic to Advanced Excel
Excel is frequently used in this domain for performing essential skill-based tasks. Financial Modelling can be performed in MS Excel, and it helps increase the accuracy, speed and overall presentability. Similar to other investment banking certification courses it focuses on the explanations and workings of such basic tools found in MS Excel. Short keys, Cell freeze, Row freeze and Column freeze are some tools. You’ll be able to learn conditional formatting, simple Excel formulas like SumIf and CountIf, H lookup/V lookup, CAGR Calculation and Transpose Function. On the other hand, you will know more about Pivot Tables, SumProduct Functions, Sensitivity Analysis, Scenario Analysis and Goal seeking.
Module 7: Microsoft PowerPoint
With this, you can learn to create slides and apply various themes and colour schemes. You’ll be able to master formatting colours, text, and bullets and insert or edit pictures to create maximum-impact slides. Further, you’ll be learning to include transition and animation effects, while, knowing how to manage and organize the slides using PowerPoint’s View options.
Module 8: Discounted Cash Flow Valuation
It is a sophisticated method of valuation and learners can learn more about it by exposing themselves to data from a real company. Other than introductions, you’ll learn about the components, estimate cash flows, value firm with DCF, forecast cash flows, Unlevering Beta and Firm valuation. Students are given the chance to work on a case study using Discounted cash flow to understand and valuation of Maruti Suzuki Ltd.
Module 9: Cost of Capital
It is impossible to use DCF for valuation without calculating the Cost of Capital. You’ll be taught about the practicality of calculating the cost of various components of capital like debt and equity. Topics include an introduction, defining cost of capital, the opportunity cost of capital, mode of financing and sources of funds. Similarly, you can learn about the Cost of Debt, Tax Advantage, Cost of debt and Synthetic Credit score. Cost of Equity and Weighted Average Cost of Capital are also taught.
Module 10: Relative Valuation
This module takes into account how the market values similar companies. This is because the technique is market-oriented and used in Equity Research and Valuation. Students are introduced to the concepts and taught steps in the comparable analysis, Equity Value, Enterprise Value, and EBITDA. Other terms like Gross Profit Margin, Growth Metric, Credit Profile, and Precedent Transaction analysis help students get through the complexities of Relative Valuation. To familiarize students with the workings of the terms in real-world situations, a case study on the Relative Valuation of Tata Motors Ltd is included.
Module 11: Start-up Valuation
Nowadays, startups are more common among ambitious youth, thus, we cannot jump into using valuation techniques like DCF or Relative value to calculate the value of startups. This module is designed to teach you about the financial modelling of a startup and ways to calculate its value. To start, you are presented with Convertible debt for startups, Equity series rounds and Pre/Post Money valuations. Later on, you’ll be introduced to the Future Dilution, the Option Pool, the Preferred Stock and Liquidation Preference. A case study on the Valuation of Uber is performed for better insight.
Module 12: Mergers and Acquisitions along with LBO
Mergers and Acquisitions enable firms to join hands or take over their competitors. LBO is another technique for a company to be taken over, as it has been used by firms in the past or helped investors gain some money by chance, as a result. Both LBO and financial modelling will be dealt with here, as it increases the value of your investment banking certification.
You will be briefed on the introduction and taught about purchase price and stock payment. In terms of M&A valuation, the pro-form balance sheet and valuation of targets with multiples are important. The LBO valuation and modeling include case studies like the Merger Modelling of Vodafone and Idea Cellular Ltd and the Leveraged Buyout (LBO) of Hilton Hotels.
Module 13: Financial Management of Start-Ups
In this module, you’ll be taught about Cash Flow Management, Raising Capital, Debt Financing, Equity Financing and the COGS Model. Other than that, the sale and revenue model, cost of sales and marketing model, cost of development of product and making profits, along with the Advertising model are covered.
Work-from-home job types have become relatively popular in recent years and many organizations provide such opportunities. The investment banking domain is no stranger to work-from-home jobs. Individuals can apply for it, as well as, hybrid mode. However, one must keep that investment bankers need to work a maximum of 100 hours a week, making work-life balance hard to maintain.
Q) Which Investment Bank is the best in India?
An investment banking certification from a well-recognized institution can help you get placed in big banks like SBI Capital Markets, Central Bank of India, Axis Bank etc.
Q) Can Investment Bankers be rich?
Yes, Investment bankers can make at least six lakh per year at lower levels and their salary increases with skill and expertise. Thus, in the long run, investment banking proves to be a high-paying career path.
Conclusion:
Hope our blog on, the IIM SKILLS vs Data Trained Investment Banking Course gave you a complete overview of the course details by both institutes. We hope the information was apt and will guide you to choose the institute that is most suitable as per your requirements. We highly recommend IIM SKILLS as the best learning platform for your career goals in the investment banking sector. Also, they have the most efficient and trained mentors who are domain experts.
Are you willing to pursue your dreams of becoming a successful investment banker but stuck on choosing the right course? Do not be worried because through this article you might be able to do so. Investment banking is one of the most popular career choices in the 21st century and going down this career path will bring you an abundance of opportunities to grow. On the other hand, investment banking courses are equipped to provide the necessary practical experiences. In this article, we will review the IIM SKILLS vs The Wall Street Investment Banking Course.
Let Us First Understand What is Investment Banking
To understand the term Investment Banking, let us first think about what will happen to a large number of financial transactions if nobody is prepared to handle these professionally. With Investment banking large companies can manage their finances safely and perform important financial transactions that keep the economy running.
Aside from handling finances, investment banking deals with a series of other activities like Mergers and Acquisitions (M&A) – which deals with the ownership of large organisations and companies and can allow such huge companies to further expand or downsize. Investment banking also provides Underwriting services where they guarantee payment of funds in cases of financial loss. Examples of such situations are Insurance policies or issues of security. All these are possible because of the effective administering of finances done by investment banks.
Why is Investment Banking the Most Preferred Career Option?
This career path has a very promising future in terms of growth and skills gained. Investment banking in today’s society is a highly lucrative career option not just in India but in other parts of the world as well. It is one of those careers where with an investment banking internship, you can earn a good sum of money. If you’re still wondering why you should go down this career path, here are a few reasons why investment banking is the best.
Developing Transferable Skills– You are likely to develop some essential skills like analysis, research, problem-solving, and communication skills that apply to multiple job spheres. These skills are flexible and can be mastered through an investment banking internship. You gain a competitive upper hand in several businesses with your skills alone.
Networking Opportunities – In any career networking is an important life hack that can lead to success. For an investment banker, building a steady professional network is as important as performing their day-to-day tasks. When you are starting in this field, learning from your superiors is a great way to improve your professionalism. Having great connections whether it is your colleague or someone in a similar business is a stepping stone for gaining more experience.
Higher Earning Potential– The field of banking and finance similar to science, gives rise to a lucrative career path in the future. You have to build your communication skills beforehand and be enthusiastic about meeting new people. Thus, if you are dreaming of going for a career that can get you soaring profits while staying updated with the dynamic industry trends, investment banking is the right career for you.
Endless Growth and Development – Working in the investment banking sector can be tiresome at times and you might find yourself doing overtime. However let it be stated that nothing comes easily without hard work and an investment banker enduring over 80 hours of work per week, gets better after a promotion. One should be optimistic and be prepared to face challenges head-on. Accepting new roles and responsibilities can help you enhance your abilities and problem-solving skills to a great extent. A proper investment banking internship is sure to present you with endless opportunities for growth and development.
Time Management Skill– This is considered to be a vital skill in anybody who is inclined to get a job. Effective time management can help you prioritize important tasks and reduce workload by sorting out the ones that need immediate attention. Investment bankers must know that every hour counts and having time management skills can just be a blessing. Other ways of utilizing this skill are through planning of work schedule and setting goals beforehand. It makes you focus on progressing faster and be more efficient.
IIM SKILLS vs The Wall Street Investment Banking course – Overview
IIM SKILLS – Introduction
Established in 2015, IIM Skills has been providing high-quality education in various subject areas, including Investment Banking Course, Digital Marketing and Financial Modeling. The idea behind this Ed-tech institution originated after the foundation of a successful blog post and their first service started with the Content Writing Course.
The institution takes great pride in its mission to provide world-class knowledge to all its students from around the globe, at affordable prices. Currently, there are more than 10 courses on various subjects that are taught. They also have a faculty of highly trained professionals.
Till date, the Ed-tech institution has been catering its online courses to thousands of learners. Their overall training and live sessions have crossed the 95,000 mark and their network has expanded to over 35 countries across Asia, including Singapore and Dubai.
The Wall Street School known as TWSS in short is well respected and recognized for its financial and investment-related courses. It originated in 2009 with the collaboration of two highly qualified Chartered Accountants, to provide learners with scope for practical training.
Throughout the years the institution has worked its way into forging networks and rendering its services to students around the world who are interested in courses in finance and accounting domain. Several leading colleges like IIT, FMS, CFA and CEOs of established companies are known for undertaking various programs from The Wall Street School.
Aside from its great reputation among other institutions, it also has a strong and distinguished alumni network consisting of top-ranking CA, CFA, MBA or Engineers. Many students have benefitted from their courses and observed growth in their careers from junior levels to senior levels. Their excellent faculty has similarly worked tirelessly for the benefit of their students.
IIM SKILLS vs The Wall Street Investment Banking Course – Course Details
IIM SKILLS
Course name: Certified Investment Banking Course
Provides 50+ hours of live training sessions with a hands-on experience.
Special attention is given to every student for the best experience of the course.
Doubt clearing sessions of over 20+ hours.
Partnerships with big firms like JP Morgan, TCS and Goldman Sachs.
Students can gain experience in an investment banking internship.
The Wall Street School
The industry experience of the faculty is over 10 years.
The course has a strong and dedicated technical foundation.
Comprehensive teaching and learning of over 180 hours.
Material is kept updated to the latest piece of knowledge.
Simulated case studies are included along with learning through experiments.
IIM SKILLS vs The Wall Street Investment Banking Course – Features
Below is a detailed list of some course features from both the institutions:
IIM Skills
Students are offered live interactive training sessions and a master certificate recognized by the Government of India, after the completion of the course. For any queries or doubts, the students can contact the faculty and the faculty remains available for support 24*7. Doubt-clearing sessions are taken very seriously and the institution’s dedicated teachers make sure no questions remain unanswered. Students can make a one-time purchase of the course and it remains accessible for a lifetime in the LMS, along with all study materials and resources. Students can willingly participate in projects that boost their academic experience. Support for Resume and Interview preparation is also provided.
The Wall Street School
The education firm provides students with practical training like investment banking internships to make them job-ready. The instructors have worked with various major investment banks and they lead the training sessions themselves. The materials and study resources are made up-to-date and realistic case studies and discussions are presented to students. Mostly their batches are available in two forms – weekend modes and full time. The institution has a unique system of transparent placements and students are granted the contact details of past alumni.
IIM SKILLS vs The Wall Street Investment Banking Course – Eligibility
IIM SKILLS
The Ed-tech company offers its courses to a wide category of individuals irrespective of their age and profession. The criteria for eligibility in the investment banking course predisposes fresh graduates, freshers in the investment banking industry as well as people in higher positions, who are seeking to enhance their skills and abilities.
The Wall Street School –
The Investment banking course at TWSS caters to a wide range of students. Some of them are CA students who are interested in the field of finance and want to make a career out of it, or CA students who are interested in learning the core portions of the course instead of taxation and auditing. It can be beneficial for MBA finance students working in various sectors like insurance banks, CASA products or mutual funds. Furthermore, undergraduates and engineers are potential candidates for this course, if they are willing to make a career in the field of finance. Generally, anyone who is career-minded and wants to prosper in Investment Banking, Equity Research, or Corporate Finance can fill out the enrollment form. The institution creates an opportunity for women to restart their careers through participation in this course or investment banking internship if they previously had to take a break because of personal circumstances.
IIM SKILLS vs The Wall Street Investment Banking Course – Fees & Duration
The total fee for the Certified Investment Banking Course at IIM Skills is 39,900 INR with 18% GST, for 3 months.
The fee for the investment banking course at The Wall Street School is 23,500 INR + additional GST. Over 60 hours of videos and assessments are accessible to the student for 6 months.
This module is designed to make the learners proficient in MS Excel and develop plenty of skills that can be put to good use. It can help you efficiently build business models and some of its important features are-
Practising the Excel shortcut keys, learning about cells, rows and columns as well as knowing how to sort data.
Understanding concepts like Pivot tables, usage of IF functions, Cell referencing, and SumProduct functions.
Performing calculations with Sum if and Count if.
Module 2:
This module ventures into the advanced features of Excel and PowerPoint. Some of the areas it focuses on are as follows-
You can learn to use combinations like Vlook and Match or Index and Match, and learn about Offset functions, sensitivity analysis and its various ways.
Data in Excel can be summarized from different sheets and collated into one single sheet. It is used for statistical analysis like regression, correlation and variation.
With PowerPoint, you can learn to create charts, insert pictures and link objects. Also, Name Manager is used to make the charts dynamic.
Module 3:
Before an investment banking internship, you need to know about Income, expenses and cash flow so that you can have an idea to master this field. This module teaches the basic concepts of finance.
Module 4:
Here you can understand business modelling through the following-
Benefits of using NPV and IRR.
Building dynamic business models from the beginning.
Calculating cash flows to the firm and cash flows to equity.
Module 5:
Some other skills required for an investment banking internship are covered in this module.
Learning steps to construct a trade analysis.
Understanding the impact of convertible securities.
Treatment of leases and possible reasons for companies in the same sector to trade at different multiples.
Module 6:
With this module, you can understand precedent transaction analysis, calculate transaction multiples and how these multiples vary from each other.
You can learn to construct meaningful transactions.
Understand the appropriate uses of valuation situation transaction comp.
Module 7:
Under it, you are taught about Discounted Cash flow and the techniques of denoting value to assets based on its fundamentals.
Learning the projection of detailed cash flows in a company.
Internalizing risk factors and calculating WACC if required.
Knowing of probable inconsistencies during assumptions.
Module 8:
In the Merger model, we intend to bring out the impact of transactions on future income. You get to integrate the mergers and acquisitions model, learn everything about its processes, and hone your skills in refining adjustments of existing debt in a company.
Module 9:
In this module, for leveraged buyouts, you’ll learn about the LBO model, transaction assumptions, debt assumptions, balance sheet, CFS, Income statements and more.
Module 10:
In the last module, you are prepared for mock interviews and resume edits which are essential before you apply for an investment banking internship. Candidates are provided with exposure to face-to-face interviews like in real life.
Q) What is the salary of an investment banking internship?
Since this is a high-end career, as an intern you can earn around 2 Lakh INR for an investment banking internship. Moreover, promotions in this job can earn you even greater profits.
Q) What do you need to apply for an investment banking internship?
Unlike other courses, you don’t need any prior professional background to apply for an investment banking internship. But it is preferred for you to have at least a BA degree in either economics, finance, accounting or business. This can enable your chances to get a deeper understanding of the field.
Q) Is Investment banking a good career?
Yes, investment banking is a lucrative career path for both beginners and professionals. Investment bankers can earn high incomes, develop skills beneficial to all types of businesses and also create long-lasting, one-of-a-kind connections throughout their working lives.
Deciding on a good career path can be tough when there are a variety of courses available, with just one click. Since the advent of online courses, students have preferred it over regular courses due to multiple reasons like low cost, no distance, flexibility, and so on. Hence, there are many PG and professional courses available on Investment banking, each focused on helping their learners grow in this domain. So, if you’re looking for the best investment banking course, you’ve come to the right place. Read on, to learn more about IIM SKILLS vs IMS Proschool Investment Banking Course.
Before We Get Started, Let Us Understand the Term Investment Banking:
To comprehend the meaning of Investment Banking, we should imagine what would happen if no one was equipped to manage huge financial transactions professionally. Large corporations would find it difficult to safely manage their finances and conduct crucial financial operations, that keep the economy functioning. That is when Investment bankers come into context.
As an investment banker, you’re expected to perform several functions. Some such activities are Mergers and Acquisitions, known as M&A, which deals with the ownership of major organizations and corporations, allowing such massive companies to either expand or downsize.
Another important function is Underwriting services, which ensures reimbursement of funds in the event of a financial loss. One such instance can be Insurance policies, thus the effective handling of finances is possible because of Investment banks and Investment bankers.
IIM SKILLS is an online course-providing Ed-tech company, founded by Mr Vaibhav Kakkar. It has been providing low-cost courses since 2015, spanning various subject areas. Each course is curated carefully with prior research on industry trends, tools, and techniques. Courses at IIM SKILLScan help you develop professional skills for your dream career path.
The Ed-tech company was initially started with a Content Writing Master Course, before being widely recognized and trusted by students from over 35 countries across Asia, and top industry leaders. So far they have trained more than 35,000 students and successfully placed them with big firms.
Talk to an expert: +91 9580 740 740
Introduction – IMS Proschool
The Preschool platform was created under the IMS and founded by Mr Sanjay Chaudhary. The institution has worked towards framing a successful career for each student, since 1977. Their ultimate aim is to help students realize their potential by mentoring them. It has at least 15 centers across India and is considered the fourth-best Analytics Institute.
Students here can get assistance with career guidance and learn from over 100 expert tutors. The institute currently provides programs in Accounting, Finance, Marketing, and Analytics to graduates. More than 25,000 students have benefitted from its courses and become successful in the future.
2. IIM SKILLS vs IMS Proschool Investment Banking Course – Details of the Course
IIM SKILLS
Listed below are some important details of the investment banking course:
Course name- Certified Investment Banking Course
The faculty is highly trained and experienced in what they are teaching
You can experience 50+ hours of intensive training directly from the faculty. There is no extra charge for it, as it’s included in the course.
Students are given priority and encouraged to ask questions. The dedicated faculty takes out time to answer each question.
Overall, more than 20 hours are allotted for doubt-clearing sessions after classes so that all queries are answered before the course ends.
The company has partnerships with big firms to aid their students in placement. Some of these are Goldman Sachs, TCS and Accenture.
You will be assisted in your journey to become a certified investment banker. Internships are provided to help you learn through experience and practice your skills.
IMS Proschool –
Listed below are some important details of this investment banking course:
Course name: Investment Banking Course with PG Certificate
You’ll be trained with skills that make you job-ready like working on communication and interview skills.
The faculty will assist you in building a public profile and upgrading your CV.
You can further work on improving your aptitude score.
The trainers are experienced and the learning environment provides the advantage of live classrooms.
The course is recognized by AICTE and has top credentials.
Every student is assured of placements and access to over 100 curated jobs in the field of investment banking.
The institute believes in providing courses with practical knowledge and relevant skills that are demanded by employers.
Check Out These Professional Courses from IIM SKILLS
3. IIM SKILLS vs IMS Proschool Investment Banking Course – Features of the Course
IIM SKILLS
Some highlights of the course that you should know about are listed below:
The ed-tech company provides all its courses online including their Investment Banking course.
Access to all digital resources, study materials and video recordings is granted to students before and after the course.
The schedule for the curriculum is flexible, thus allowing learners to study at their own pace and immerse themselves in their learning journey.
Batches are provided in Weekend or Weekday classes, enabling not just students but working individuals to participate in their learning programmes.
The course is updated frequently to include a new syllabus for the students.
Master certifications are provided to every student after completion of the course, with a minimum 50% score in the exams.
The certificates are recognized by the Govt of India, MSME and are well-reputed among big firms.
IMS Proschool
Some highlights of the course that you should know about are listed below:
The institute offers a comprehensive program that can teach you all the relevant skills
Students who enrolled for the Postgraduate IBO course are usually offered a package of 3-9 LPA
The course comes with placement-oriented case studies. Solving real-world case studies from multiple industries can help students prepare for their future
Most investment banks prefer hiring employees who are CFA-qualified for front-office roles. This course provides just that and helps you build a solid foundation in the finance domain
After completion of the course, students are given the option to appear for the AICTE-approved PG exams. This qualifies the students to open doors for the 1 year MBA program
The course provides you with comprehensive skill training in financial markets, forex, derivatives and so on
The company has ties with big firms like Capgemini, Deloitte, Accenture, J.P.Morgan, Hindustan Times
Applicants who are currently pursuing undergraduate courses, specifically fields such as Business Administration, Commerce or Accounting are preferred.
There is no age restriction as such. Working professionals with 0-3 years of experience in any field are accepted. Other than that, students with a keen interest in finance or investment banking can join because this course will greatly benefit them.
IIM SKILLS
Students from all backgrounds are accepted, considering they have a degree.
It is preferable if the student has a background in commerce or finance or anything related to this domain.
All applicants for the course should have prior knowledge of the topics that are covered. It is preferred if they know a few basics and concepts.
Lastly, they must be motivated and curious to learn more. They should have an interest in the course.
5. IIM SKILLS vs IMS Proschool Investment Banking Course – Fees and Duration
IIM SKILLS
The investment banking course at IIM SKILLS is available for 39,900 INR for three whole months. There is an additional 18% GST which covers the certificate and exam fees.
IMS Proschool
The combined fee for this PG course sums up to 1,20,000 INR, as it includes the cost of training, placement and AIMA’s PG exam. The terms are divided into two, spanning almost a year. Hardworking students can start applying for jobs, before starting the second term.
6. IIM SKILLS vs IMS Proschool Investment Banking Course – Curriculum of the Course
IIM SKILLS
Module 1: MS PowerPoint
Introduction to MS PowerPoint and understanding the basics
The important keyboard shortcuts are taught
Basic Creation, Designing and Management of slides
Adding slide animations and slide transitions
Using different themes for formatting slides and applying colour schemes
Understanding shape tools and learning to insert pictures
Adding graphs and charts like Histograms, Bar graphs, Line graphs and so on
Module 2: MS Excel
Getting started with Excel basics and keyboard shortcuts
Insight on common features like Index, Offset and other combinations
Practising font/number formatting and other important formatting guidelines
Concept of Rows, Columns and Cells
Learning Excel tools and formulas for filtering and validating data
Using Pivot Tables, Slicers and Charts
Introduction of Macros, Dynamic dashboards and Sparklines
Sensitivity Analysis
Insight on terms like NPER, RATE, PMT, FV and PV
Using Data Tables for Analysis which can be used with Scenario Manager and Goal Search
Module 3: Financial System and Markets
Financial System foundation and insight into Market Regulation
Different types of Financial Markets
Distinct characteristics of Exchange-traded securities
Knowledge of Preference shares and Equity
Concepts of Yield, Interest and Bond Price
Knowledge of short and long positions and understanding of Selling short
Module 4: The Derivative Market
Presentation of Derivatives
Learning to trade of long and short
Concepts and basic understanding of Options, Futures and Forwards
Concepts of Hedging and Speculating
Swaps, Swap concepts and different types of the same
Learning different Calls and Putting options
Understanding various categories of Price Structures, Payoffs and more
Module 5: Technical side of Investment Banking
Functions of investment bankers and introduction to investment banking
Investment banking- types
Differentiating between Merchant banks, Commercial banks and Investment banks
Understanding the Buy Side and Sell Side of business
Venture capital and Investment banks- concepts related to it
Insight on terms like Mergers and Acquisitions, Capital Raising, Joint Ventures and Spinoffs
Understanding Book-building strategies and Underwriting
Investment- Types and stages
Terms like Private placement, Rights Issue, Seed rounds and Initial Public Offerings and their dealings
Insight on Corporate Turnaround and Restructuring
Module 6: Types of Marketing Collaterals
Concepts related to Investors and Buyers
Gaining knowledge of Teaser and Non-disclosure contracts
Understanding of Financial Models
Memorandum of confidential information
Module 7: Technical Side of Financial Modelling
Insight on Financial Model construction
Development of Scenarios like Index and Choice
Opportunities to work on projects
Predicting the CFS Financial Statements, IS and BS
Creating schedules of fixed assets, working debt capital and more
Building In-depth revenues, as well as, Drivers of businesses of all kinds
Updating students on best practices for Financial Modelling and Error-tracing methods
Necessary Formatting tricks like Print Set-up forms and Financial Summaries
Module 8: Business Valuation
Understanding the link between FCFF and FCFE and calculations related to it
Gaining insight on terms like CAPEX Variation, NOPAT and Working Capital Changes
Learning Complex Cost Computations like multi-factor models and CAPM
Different types of risk concepts and ways to include them in Valuation calculations
A proper understanding of Beta determination methods along with Leveraged and Unleveraged Beta concepts
Different ways to calculate Terminal value
Learning about the H model, the Gorgon growth model or the Perpetual growth model
Insight on Mid-period appraisal and the Sensitivity charts
The Popularity of Investment Banking as a Career Option
Investment Banking offers a bright future in terms of individual growth and skill acquisition. In today’s day and age, investment banking is a highly rewarding career option in India and other parts of the world. Below are some reasons why Investment banking is popular:
Better Earning Potential – Banking and Finance domains, like Science, can lead to a prosperous career path for the future. But first, you must improve your communication skills and be keen on forming connections with new people. It could serve as a perfect opportunity for you to earn profits while staying updated with changing trends.
Networking Opportunities – Networking is a key life tip that can lead to success in any field. It is crucial to build a consistent professional network for an investment banker, to get accomplished in their regular tasks. Learning from your superiors is a wonderful approach to increasing your professionalism, while solid relationships with colleagues can help when you are starting. Therefore, networking is a great way to obtain more expertise in this domain.
Continuous growth and development – In the Investment banking industry, it can get exhausting for you at times and you may often find yourself working overtime. However, nothing comes easily without hard work, so an investment banker who works more than 80 hours per week improves their skills and earns higher profits. In this domain, one should be upbeat and ready to face obstacles head-on. Taking up new tasks and responsibilities can greatly improve your problem-solving abilities. Investment banking courses can provide you with numerous prospects for growth and development.
Time Management Abilities – It is considered an essential talent in anyone seeking employment. Effective time management can assist you in prioritising key tasks while minimizing workload, by identifying tasks that require immediate attention. Investment bankers must understand that every hour matters and possessing time management skills may be of huge help. Another method to use this ability is to plan your work schedule ahead of time and set goals. This enables you to concentrate on moving forward more efficiently.
Transferable Skills – You will most likely gain certain fundamental abilities, such as research, analysis, communication and problem-solving, which will apply to a variety of work domains. These are adaptable skills that can be learned through investment banking courses and internships. Your abilities alone give you a competitive advantage in various job spheres.
IMS Proschool
Excel for Finance:
Function of Excel
SumIf and CountIf
Time Value of Money
Pivot table
Basic PowerPoint
Case studies included in the module
Equity, Debt Markets:
Markets Organization and Structure
Participants
Types and Characteristics of Equity, Debt and Pooled
Risks and Returns
Forex and Derivatives:
Forex Markets
Commodities
Characteristics of Futures
Forwards
Options and Swaps
Margins
Pricing
IB Operations:
Introduction to Investment banking and other concepts
Corporate Actions
Trade Life Cycle
Operations of the Front Office and Back Office
Settlement and Risk:
Settlement and clearing
Reconciliation
Regulation
Compliance
Risk Management
Dealing with Investor Grievances
OTC Products:
Comparison between Over the Counter (OTC) vs Exchange Traded (ET) products
Introduction to OTC Products
Trade Life Cycle and Reconciliation
Types of Investment Banks
There are three types of investment banks as listed below:
Boutique Investment Banks
Although they are sometimes retail, these banks specialise in corporate finance. Boutique banks offer consultancy and advising services but do not offer financing services. These banks can work with minor contracts, supporting the buy and sell sides in Mergers and Acquisition transactions, or specific industries such as healthcare, media, industrials and technology. Regional and Elite Boutique banks are two main types of Boutique banks:
Regional is the smallest in size and operations delivering specialised services in the market sector such as conducting Mergers and Acquisitions.
Conversely, due to the monetary value of their transactions, Elite Boutique banks differ from the Regional and closely resemble Bulge Bracket banks.
Middle-Market Banks:
These banks are those that offer commercial banking services to non-profit organisations, local government services and agencies with revenues ranging from $50 million to $1 billion. Middle-market banks fall somewhere in between high-profit investment banks and tiny regional banks. These investment banks have a more significant presence than regional banks despite not having the same multinational scope as bulk bracket banks.
Bulge Bracket Banks:
These banks are a generic term for large global investment banks. Their reach extends widely in terms of workers and firm outlets, as well as managing many liberal business clients and agreements. Bulge Bracket investment bank professionals are required to be committed to long working hours, securing financial transactions and maintaining the bank’s revenues.
Q) What are some Investment banking companies in India?
Investment banking firms gain accessibility to the industry’s top talents. As a result, they guarantee their employees to be well compensated with some of the highest salaries available in India. If you are working in the field of Investment banking, there are some great companies for you to work at like Goldman Sachs, JP Morgan, Barclays Bank, Axis Capital Limited, HSBC, IDBI Capital, Edelweiss Financial Services etc.
Q) What are some job opportunities for Investment banking graduates?
Graduates are eligible for investment banking job roles as long as they are hard-working. After completing a bachelor’s degree, it is important to apply for various internship roles that provide sufficient exposure. Even better are the investment banking courses that include these internship opportunities. Graduating with mathematics, management, finance, and economy degrees are well suited for investment banking.
Q) What is an Investment banking trade life cycle?
In Investment banking, the trade life cycle refers to the sequence of phases and procedures involving financial transactions from start to finish. It consists of numerous steps like implementation, inception, exoneration, resolution, reconciliation, inception and archiving. Some important stages in the Trade life cycle are Pre-trade prep, beginning and execution of the trade, trade capture, trade settlement, termination and risk management.
Conclusion
We can conclude that both institutions are leading providers of investment banking courses. Investment banks the only difference is, that IIM SKILLS functions in an online platform, while IMS Proschool is a provider of courses in both online and offline platforms. Investment banking courses have a good reputation in the education sphere, aiding students with a promising future in the long run. We hope this article on IIM SKILLS vs IMS Proschool Investment Banking Course was of help to you and helps you make apt decisions regarding your career and course of study.
Are you willing to get started with your Investment Banking journey, but not sure which course to settle for? Well, this might just be what you were looking for. Investment banking has been a popular course in recent years, and students pursuing the course are guaranteed a promising future. An Investment banking certification from a recognized institution can help you showcase your qualifications. In this article, we have picked two leading companies providing investment banking courses and analysed them. Read on to discover more about IIM SKILLS vs IIM Indore Investment Banking Course.
Before we get started, let us understand what is the meaning of Investment Banking.
Investment Banking – Introduction
Managing your finances on your own can be complex and burdensome, Investment banking helps to ease that. The primary functions of an investment bank include managing finances and raising capital on behalf of its investors. They play a big role in the financial systems and are committed to helping clients with complex financial transactions.
There are a variety of services that investment bankers offer including Underwriting, where the bank takes risks of purchasing bonds or stocks and acquiring a buyer. Investment banks also aid in buying or selling companies and identifying potential targets through Mergers and Acquisitions. Investment banks make it possible for investors to manage their portfolios, and trade securities with full safety.
IIM SKILLS vs IIM Indore Investment Banking Course – Review
1. IIM SKILLS vs IIM Indore Investment Banking Course- Introduction of the Institute
IIM SKILLS
IIM Skills provides a wide range of online courses including Content Writing, Social Media Marketing, Business Accounting and Taxation, Search Engine Optimization and more. Investment Banking Course is one of the popular course options and is kept updated with the latest knowledge, like their other courses.
The Ed-tech company, established in 2015, has managed to earn a good reputation through their high-quality interactive live classes and a chance to let each learner learn at their own pace. They have served over 35,000 students not only in their home country India, but also 35+ other countries. The courses are affordable and relevant to the current industry trends.
The Indian Institute of Management Indore, also known as IIM Indore, has provided its courses since 1996 and is the sixth Indian Institute of Management after IIM Calcutta. It is a private autonomous institute that earned the Triple Accreditation by getting global recognition thrice.
The institute has an educational approach that allows an all-round development of its graduates and plays a role in building them up to become competent future leaders. The students are taught to have a clear mindset alongside their functional expertise and industry experience.
3. IIM SKILLS vs IIM Indore Investment Banking Course – Features of the Course
IIM SKILLS
The course is delivered online, thus it gives you access to its resources anytime and anywhere without hassle.
The sessions are very interactive, students are encouraged to participate or ask questions, so that can completely immerse themselves in learning.
The schedule is made flexible to allow you to get time to yourself. Weekday or Weekend batches are provided to fit everyone’s agenda.
The faculty consists of highly qualified professionals, each experienced in their fields.
Resources are kept relevant to the course curriculum and access to all resources and study material is available through their LMS.
An Investment banking certification is offered to students upon completion of the course and achieving a score of 50 percentiles on the examination.
Industry leaders have crafted the course to make it comprehensive and optimal in terms of knowledge and information about the investment banking domain.
Internships are provided to help you accumulate authentic experiences, along with it the institution takes the initiative to connect students with potential employers.
IIM Indore
The instructions are provided with a mix of lectures, project work, case study discussions, term papers and assignments.
Through timely assessments, the performance of students is monitored. Their mind is kept engaged with assignments, quizzes and tests.
Every student partaking in examinations is required to score a minimum grade, which will be decided by the institute.
Courses are delivered through the online platform and the institution uses broad-band-based technology involving two-way video and audio communication.
The institution provides certain student privileges. Upon successful completion of the course, you will be made eligible for the Executive Education Alumni Status of IIM Indore.
IIM SKILLS vs IIM Indore Investment Banking Course – Eligibility
IIM Indore
The Eligibility criteria here are the following:
Students should have a diploma or Bachelor’s degree (10 + 2 + 3) or Master’s degree from a recognized university with a minimum of 50% aggregate in all years.
A minimum work experience is required for 2 years before joining the course.
IIM SKILLS
The Eligibility criteria consist of the following:
It is preferred that a student has a bachelor’s degree in BBA, commerce or any related field.
The student must be highly motivated and ready to work in the investment banking industry.
It is preferred that the students do some basic research on finance and statistics.
Other than that any student who is keen on understanding the investment banking industry may join.
The Overall fee for the Certified Investment Banking Course is 39,900 + an extra 18% GST. The price includes certification fees and exam fees for the course. The duration of the course is 3 months (approx 90 days).
IIM Indore
The total fee for the postgraduate programme in Investment banking is 4,79,100 INR with an additional 18% GST and bank charges of 7,100 INR. The duration is for 12 months.
It introduces the concept of MS PowerPoint and helps in understanding the Ribbon.
You’ll be learning important keyboard shortcuts alongside the creation, management and designing of slides.
All slides can have animations and transitions and use different themes and colour schemes.
You’ll learn the technique of inserting important links, or pictures when preparing a slide for presentation.
Different kinds of graphs like bar graphs, line charts, combo charts, pie charts, scatter plots, histograms, and stacked column charts, are taught.
Module 2 (8 hours)
In this module, you are introduced to MS Excel and understand the Ribbon.
You are made aware of functions like Vlookup, Hlookup, Match, Index, and SumIfs along with the rules of formatting font and numbers.
Common concepts like freezing of cells, rows, and columns are covered and other things like Data validation, sorting, and filtering using Excel functions are included.
You are introduced to Macros, Sparklines, Sensitivity analysis, Dynamic dashboards and presenting data through Pivot tables.
Different types of charts and graphs can also be created in MS Excel like Pie charts, Waterfall, Scatter plots, Histograms etc.
Text-to-column functions are taught like Flash Fill and Delimit and you are given a chance to explore Interactive calculations and circular referencing.
Module 3 (4-5 hours)
Through Fundamentals of Financial System and Market, you get the basics, the different kinds like Primary, Secondary and Capital money markets, and market participants and regulators.
It deals with stock exchanges and financial centres and covers the differences between Over-the-counter/ Exchange trade securities.
There are types of shares that students are taught about. A general understanding is formed of Long and Short positions including Short sales.
Other important concepts like Depository receipts, Quotes and trades, Forex and its features are included in the curriculum.
Module 4 (2-3 hours)
In this, the focus is on Derivatives, and other concepts like futures, forwards and options.
You will get to understand the long and short positions and there will be a discussion of Call and Put options.
You will gain insight into types of payoffs and pricing in the Derivative market alongside learning about the concept of swap and its types, Hedging and Speculation and an overview of credit default swaps.
Module 5 (3-4 hours)
You are not just given the overview of investment banking, but roles, and types of investment banks like Bulge bracket, Mid-market and Boutique.
You’ll be able to differentiate between merchant banks, investment banks and commercial banks.
The meaning of buy-side and sell-side of business is made clear and the instructions include concepts like Mergers and Acquisitions, Joint Venture, Spinoff and Capital Raise.
There are two types of mergers Vertical and Horizontal.
The concept of Due Diligence is taught in detail and you’ll learn the different types/ funding stages like Seed Round, Multiple series, Initial Public Offering (IPO) and Private placements.
Other subpoints under it include the concept of Underwriting, the building approach and an Overview of the Greenshoe option.
Lastly, an understanding of the Corporate restructuring and turnaround is added, while there are discussions on Tender Offers, Earnouts, Leveraged Buyouts etc.
Module 6 (6-8 hours)
In this segment, the lectures are detailed and the subpoints include Buyers’ List / Investors’ List, Non-Disclosure Agreement and Pitchbook or Pitch deck.
Other than those you can learn about Teaser, Confidential Information Memorandum (CIM) and Financial Models.
Module 7 (8 hours)
While teaching the techniques of Financial Modeling, you are introduced to the structure of financial models and creating scenarios with the help of an Index or Scenario Manager.
You’ll be enlighted on Projecting or Forecasting financial statements like BS, IS and CFS.
You are instructed on details on revenue and cost drivers for various business types, including the Real-estate, E-commerce, utility, Business services, Automobiles, Food aggregators, Subscription-based firms and Conglomerate businesses.
You’ll also be prepared on various schedules including Depreciation, Equity, Debt, Working Capital and Fixed assets.
The best financial modelling practices and error-tracking tricks are updated and included in the course.
Some key formatting tips like the Print Setup approach are taught for better presentation.
Moreover, a Cover page, Index, Financial Summary and a few other key tabs are added.
Module 8 (4 hours)
Under Relative Valuation – Trading and Transaction Comps, you can learn to differentiate between GPC and GTM.
Get to know the differences between Deal Value, Offer Value and Transaction Value.
The Criteria to screen peers along with Valuation multiples, calculation of Enterprise value using Equity value and other components etc
You are aware of the ideal periods to focus on including the last twelve months, the next twelve months, historical years and projected years.
For the DCF Valuation, you’ll understand and calculate FCFF and FCFE, and work on related concepts of NOPAT, change in working capital and more.
Get knowledge on WACC using calculations for cost components and concepts of different risks with their inclusion for valuation purposes. (ERP, CRP, SSRP)
You will use different ways of calculating Beta alongside concepts of Leveraged and Unleveraged Beta.
The terminal value is predicted using approaches like the Gordon Growth Model, Exit Multiple Method and H Model. Also, learn about Mid-period valuations and Sensitivity tables.
The module also includes the Concept of controlling premium, NAV approach for valuation, Relevance of the approach and Blended valuation presented through football field analysis.
You can learn the ways to Prepare Valuation Output, as well as, the concepts of Pre-money and Post-money valuation.
The Potential Skills You Can Gain From the Curriculum Are Listed Below:
A complete understanding of financial skills and valuation for initiating profitable investments.
Being able to effectively utilize your numerical and analytical skills.
Opportunity to have real-time exposure to market share and stock exchange activities.
Understanding all the current market trends to analyse the market and resources.
IIM Indore
Module 1 deals with Financial Reporting, Analysis and Valuation.
In module 2 Financial Management, students are taught the basic tools like the time value of money and its applications. As a participant in this course, you’ll have opportunities to work on assignments related to live organisational problems and gain insights from top management personnel.
Module 3 consists of Investments and Portfolio Management and the course dives into various concepts related to investments. It takes students through techniques involving portfolio diversification, while the realistic case studies enable them to understand valuation and risk fundraising in a better way.
In the Investment Banking Module 4, students can look forward to providing an overview of the roles and functions of investment banks. A detailed study includes fundraising and Mergers and Acquisitions modelling. Key concepts involving Equity and debt fund-raising, valuation methodologies, deal structuring and pitch book dealing are all important points taught to the students.
The second investment banking Module 5 has an approach to understanding the functions of Boutique investment banks, along with sales/trading, hedge funds, private placements, LBOs and corporate restructuring. It aims for students to attain a comprehensive knowledge of deal structuring in a private equity environment and corresponding taxation in advanced structures.
Module 6 touches on Mergers and Acquisitions and intends to provide a strategic management perspective on mergers, acquisitions and corporate restructuring. Some objectives are:
To introduce different forms of corporate restructuring.
Making the students familiar with issues and problems in identifying and evaluating a target.
Providing an overview of Mergers and Acquisitions that take place in the legal, and regulatory environment.
To highlight post-merger integration and provide insights on several human relations and organisational issues in the integration process.
Module 7 deals with Options, Futures and Derivatives and the course introduces you to the world of financial derivatives. It takes the underlying financial concepts, the pricing mechanism, market mechanics and their utility, and teaches them to them in an understandable manner. When the course is completed you will have a reasonable grasp of financial derivatives in wealth and risk management.
In Module 8, you’ll learn about the Economic environment and understand the Macroeconomic concepts. Additionally, the causes of business cycles and economic policies to counter them are taught. Further, they are made to understand the balance of payments and exchange rates. The course also involves studies on the current Macroeconomic scenario.
In Module 9, Spreadsheet Modeling for Finance, you can expect to learn more about spreadsheets and versatile platforms for rapidly processing volumes of data. Available modern tools are taught for data accumulation, assimilation and computation.
Module 10 includes some essential lectures on the investment banking industry.
Investment banking courses are popular and in demand, so naturally, that many institutions have created a comprehensive curriculum for students. In today’s society, institutions provide Investment banking courses in both online and offline platforms. IIM Skills and IIM Indore are the institutions mentioned in this article and they provide online courses. The other institutions that provide online Investment banking courses are Coursera, Udemy, Imarticus, Wall Street and Edex.
Q) What is the syllabus for Investment Banking courses?
The syllabus for Investment banking courses can vary in different institutions, but the most well-structured curriculum would include concepts and details related to Investment banking and Financial markets. They should include Macroeconomics, concepts related to DCF and LBO, Risk management and International business. The curriculum should be updated often to include the latest ongoing trends and recent case studies. The course should also include an investment banking certification.
Q) Will you get placement after Investment banking courses?
Many institutes provide placement guarantees or placement assistance to their graduates. IIM Skills and IIM Indore are two such institutions providing 100% placement support. Other institutes include Imarticus Learning, Corporate Finance Institute (CFI), Edubridge, Wall Street, and National Institute of Bank Management (NIBM). These are well-recognized education firms that have industry tie-ups and assist students in getting placed.
Conclusion
To summarize everything, we can understand the importance of investment banking and its related concepts in the working of the financial systems of a country. Moreover, it’s not simply a course for curious minds, but a successful career path when your knowledge is implemented. Many education firms provide professional Investment banking courses, with a comprehensive curriculum.
We have taken two successful institutions and made a comparative analysis of its components including the curriculum and eligibility criteria. We hope that you’ll be able to settle for the right institution for yourself.
Hope the above article on IIM Skills vs IIM Indore Investment Banking Course, has helped you with all the required information to help you choose the best institute.
