FreeAllCourse Com Udemy - The Complete Investment Banking Course 2020

1. 1. Welcome! Course Introduction/1. What does the course cover.mp411.4MB
2. 10. Asset management/1. Why hire Investment banks as asset managers.mp43.79MB
3. 10. Asset management/2. A risk-return comparison of different investments.mp46.15MB
4. 10. Asset management/3. Private equity funds.mp456.67MB
5. 11. A step-by-step guide to Company Valuation/1. Why value a company.mp410.5MB
6. 11. A step-by-step guide to Company Valuation/10. The two stages of a DCF model.mp44.55MB
7. 11. A step-by-step guide to Company Valuation/11. Discounting cash flows and terminal value.mp43.63MB
8. 11. A step-by-step guide to Company Valuation/12. Calculating enterprise and equity value.mp42.13MB
9. 11. A step-by-step guide to Company Valuation/2. How much is a company worth for an investor.mp48.21MB
10. 11. A step-by-step guide to Company Valuation/3. The two variables that drive a firm’s value.mp44.08MB
11. 11. A step-by-step guide to Company Valuation/4. The mechanism of Unlevered cash flow calculation.mp48.09MB
12. 11. A step-by-step guide to Company Valuation/5. Introducing a discount factor – Weighted average cost of capital.mp47.93MB
13. 11. A step-by-step guide to Company Valuation/6. Calculating a firm's cost of debt.mp42.15MB
14. 11. A step-by-step guide to Company Valuation/7. Calculating a firm’s cost of equity.mp411.07MB
15. 11. A step-by-step guide to Company Valuation/9. Estimating a company’s future cash flows.mp44.85MB
16. 12. Financial modeling fundamentals/1. What is a financial model.mp45.48MB
17. 12. Financial modeling fundamentals/10. Forecasting Balance sheet items (12).mp46.14MB
18. 12. Financial modeling fundamentals/11. Forecasting Balance sheet items (22).mp410.6MB
19. 12. Financial modeling fundamentals/2. Why use a financial model.mp410.04MB
20. 12. Financial modeling fundamentals/3. Inefficient financial modeling practices.mp419.91MB
21. 12. Financial modeling fundamentals/4. Efficient financial modeling practices.mp417.22MB
22. 12. Financial modeling fundamentals/5. Different types of financial models we can build.mp414.26MB
23. 12. Financial modeling fundamentals/6. The right level of detail we should use when building a 5 or 10-year model.mp47.3MB
24. 12. Financial modeling fundamentals/7. The right way to approach the forecasting exercise.mp47.12MB
25. 12. Financial modeling fundamentals/8. Building complete financial models.mp48.45MB
26. 12. Financial modeling fundamentals/9. Forecasting P&L items.mp413.33MB
27. 13. DCF Valuation - Introduction/1. How to value a company - Introduction.mp47.56MB
28. 13. DCF Valuation - Introduction/2. The stages of a complete DCF Valuation.mp449.26MB
29. 13. DCF Valuation - Introduction/3. Let's go through the structure of the DCF model we will create in Excel.mp418.52MB
30. 13. DCF Valuation - Introduction/4. A glimpse at the company we are valuing - Cheeseco.mp415.73MB
31. 14. DCF valuation - Forecasting of key P&L items/1. Modeling the top line.mp426.28MB
32. 14. DCF valuation - Forecasting of key P&L items/2. Building flexible financial models in Excel.mp417.83MB
33. 14. DCF valuation - Forecasting of key P&L items/3. Modeling other items Other revenues and Cogs.mp444.53MB
34. 14. DCF valuation - Forecasting of key P&L items/4. Modeling other items Operating expenses and D&A.mp426.35MB
35. 14. DCF valuation - Forecasting of key P&L items/5. Modeling Other Items Interest expenses, Extraordinary items and Taxes.mp429.97MB
36. 15. DCF Valuation - Forecasting key Balance Sheet items/1. How to forecast Balance Sheet items - the clear and practical way.mp44.66MB
37. 15. DCF Valuation - Forecasting key Balance Sheet items/2. A key concept for finance practitioners - the Days methodology.mp410.08MB
38. 15. DCF Valuation - Forecasting key Balance Sheet items/3. How to calculate Days.mp412.14MB
39. 15. DCF Valuation - Forecasting key Balance Sheet items/4. How to use Days to project the future development of BS items.mp420.83MB
40. 15. DCF Valuation - Forecasting key Balance Sheet items/5. Forecasting Property, plant & equipment, Other assets and Other liabilities.mp422.66MB
41. 16. DCF Valuation - Creating clean output sheets/1. Excel best practices! Create a good-looking and clean output sheet in your model.mp418.8MB
42. 16. DCF Valuation - Creating clean output sheets/2. Putting what we learned into practice - Populating the P&L sheet.mp425.54MB
43. 16. DCF Valuation - Creating clean output sheets/3. How to create a clean output Balance Sheet in your Financial Model.mp416.91MB
44. 16. DCF Valuation - Creating clean output sheets/4. Completing the output BS sheet for the historical period.mp437.98MB
45. 17. DCF valuation - Calculating unlevered cash flows and Net cash flow/1. Learn how to calculate Unlevered free cash flows.mp422.79MB
46. 17. DCF valuation - Calculating unlevered cash flows and Net cash flow/2. Important! Reconcile UFCF to Net cash flow.mp414.58MB
47. 17. DCF valuation - Calculating unlevered cash flows and Net cash flow/3. A very useful lesson! Cash flow calculation.mp459.72MB
48. 17. DCF valuation - Calculating unlevered cash flows and Net cash flow/4. Arriving to actual Net cash flow figures and performing a check with cash.mp437.93MB
49. 17. DCF valuation - Calculating unlevered cash flows and Net cash flow/5. A fast and effective way to modify multiple cell references in Excel.mp446.77MB
50. 18. DCF valuation - Calculating present value of cash flows in the forecast period/1. Introducing weighted average cost of capital (WACC) and perpetuity growth rate.mp413.2MB
51. 18. DCF valuation - Calculating present value of cash flows in the forecast period/2. Learn how to find the present value of future Cash Flows in Financial Models.mp420.22MB
52. 19. DCF valuation - Calculating Continuing value, Enterprise value and Equity ealue/1. Calculating Continuing value and Enterprise value of the business.mp417.73MB
53. 19. DCF valuation - Calculating Continuing value, Enterprise value and Equity ealue/2. Final steps! Calculating Equity value of the business.mp412.18MB
54. 2. The ascendance of investment banking services/1. The importance of history, name, tradition, and reputation.mp440.74MB
55. 2. The ascendance of investment banking services/2. Early origins of investment banking services.mp481.45MB
56. 2. The ascendance of investment banking services/3. What is the difference between commercial and investment banking.mp436.43MB
57. 2. The ascendance of investment banking services/4. Why do universal banks have a competitive advantage.mp452.28MB
58. 2. The ascendance of investment banking services/5. Intrinsic conflicts of interest and the role of Chinese walls.mp442.95MB
59. 2. The ascendance of investment banking services/7. Historical M&A waves.mp4104.6MB
60. 2. The ascendance of investment banking services/8. Three of the most important IPOs in history.mp490.85MB
61. 20. DCF Valuation - Additional analyses accompanying the Financial Model/1. Sensitivity analysis for WACC and perpetuity growth.mp440.5MB
62. 20. DCF Valuation - Additional analyses accompanying the Financial Model/2. An application of Goal seek.mp415.61MB
63. 20. DCF Valuation - Additional analyses accompanying the Financial Model/3. Recap of the financial model with charts and hypothesis testing.mp432.9MB
64. 21. Tesla valuation - Complete DCF exercise/1. Organizing external inputs in a 'Drivers' sheet.mp430.98MB
65. 21. Tesla valuation - Complete DCF exercise/10. Forecasting 'energy' and 'services' revenue.mp425.31MB
66. 21. Tesla valuation - Complete DCF exercise/11. Calculating 'energy' and 'services' gross profit and cost of sales.mp426.81MB
67. 21. Tesla valuation - Complete DCF exercise/12. Forecasting operating expenses.mp434.46MB
68. 21. Tesla valuation - Complete DCF exercise/13. Building a fixed asset roll forward estimating Capex.mp456.57MB
69. 21. Tesla valuation - Complete DCF exercise/14. Building a fixed asset roll forward D&A schedule.mp454.17MB
70. 21. Tesla valuation - Complete DCF exercise/15. Peer comparison D&A as a percentage of revenues.mp413.68MB
71. 21. Tesla valuation - Complete DCF exercise/16. Calculating DSO, DIO, DPO.mp417.47MB
72. 21. Tesla valuation - Complete DCF exercise/17. Producing a clean P&L output sheet.mp48.44MB
73. 21. Tesla valuation - Complete DCF exercise/18. Fill in the P&L output sheet.mp418.34MB
74. 21. Tesla valuation - Complete DCF exercise/19. Calculating investments in working capital.mp419.01MB
75. 21. Tesla valuation - Complete DCF exercise/2. The input data we will work with.mp415.8MB
76. 21. Tesla valuation - Complete DCF exercise/20. Forecasting Unlevered free cash flow.mp455.88MB
77. 21. Tesla valuation - Complete DCF exercise/21. Forecasting other assets.mp445.25MB
78. 21. Tesla valuation - Complete DCF exercise/22. Forecasting other liabilities.mp422.04MB
79. 21. Tesla valuation - Complete DCF exercise/23. Completing Unlevered free cash flow.mp440.83MB
80. 21. Tesla valuation - Complete DCF exercise/24. Modeling Tesla's financing needs in the forecast period.mp442.41MB
81. 21. Tesla valuation - Complete DCF exercise/25. Calculating Net income.mp414.8MB
82. 21. Tesla valuation - Complete DCF exercise/26. Bridging Unlevered Free cash flow to Net cash flow.mp450.62MB
83. 21. Tesla valuation - Complete DCF exercise/27. Balancing the Balance sheet.mp413.32MB
84. 21. Tesla valuation - Complete DCF exercise/28. Estimating Weighted average cost of capital (WACC).mp444.31MB
85. 21. Tesla valuation - Complete DCF exercise/29. Performing Discounted cash flow valuation (DCF).mp434.88MB
86. 21. Tesla valuation - Complete DCF exercise/3. Forecasting Tesla's expected deliveries.mp4114.96MB
87. 21. Tesla valuation - Complete DCF exercise/30. Calculating enterprise value, equity value, and price per share.mp422.55MB
88. 21. Tesla valuation - Complete DCF exercise/31. Closing remarks.mp444.8MB
89. 21. Tesla valuation - Complete DCF exercise/4. Comparing delivery figures with the ones of industry peers.mp420.95MB
90. 21. Tesla valuation - Complete DCF exercise/5. Estimating an average selling price of Tesla vehicles.mp441.93MB
91. 21. Tesla valuation - Complete DCF exercise/6. Calculating automotive revenue.mp446.53MB
92. 21. Tesla valuation - Complete DCF exercise/7. Peer comparison Gross profit %.mp417.2MB
93. 21. Tesla valuation - Complete DCF exercise/8. Calculating automotive gross profit.mp427.79MB
94. 21. Tesla valuation - Complete DCF exercise/9. Calculating automotive cost of sales.mp417.54MB
95. 22. Relative valuation – triangulating DCF results with multiples/1. Why do we use multiples.mp48.06MB
96. 22. Relative valuation – triangulating DCF results with multiples/2. What types of multiples are there.mp46.99MB
97. 22. Relative valuation – triangulating DCF results with multiples/3. Finding the right comparable companies.mp43.92MB
98. 22. Relative valuation – triangulating DCF results with multiples/4. The most widely used multiples.mp47.2MB
99. 22. Relative valuation – triangulating DCF results with multiples/5. Best practices that ensure accurate calculation of multiples.mp43.94MB
100. 23. A guide to Leveraged Buyouts/1. What is an LBO.mp44.59MB
101. 23. A guide to Leveraged Buyouts/2. The phases of an LBO process.mp43.7MB
102. 23. A guide to Leveraged Buyouts/3. When is an LBO a feasible option.mp45.85MB
103. 23. A guide to Leveraged Buyouts/4. Making money in an LBO.mp46.74MB
104. 23. A guide to Leveraged Buyouts/5. Who are the lenders in an LBO.mp46.77MB
105. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/1. Introduction to the model we will build.mp411.62MB
106. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/2. Establishing the maximum amount of debt that can be used in the transaction.mp49.61MB
107. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/3. Financial sponsors’ perspective.mp45.65MB
108. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/4. Forecasting financials until EBIT.mp412.29MB
109. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/5. The optimal debt structure.mp48.33MB
110. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/6. Estimating cash flows and debt payments.mp48.15MB
111. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/7. Completing the model for the period 2018-2021.mp411.74MB
112. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/8. Calculating Enterprise value and IRR.mp414.3MB
113. 24. LBO Valuation - Building a leveraged buyout (LBO) model from scratch/9. Performing sensitivity analysis.mp410.66MB
114. 3. The four main areas of investment banking activity/1. Capital markets – raising equity and debt capital.mp4137.22MB
115. 3. The four main areas of investment banking activity/2. Advisory – M&A and Restructuring services.mp4126.54MB
116. 3. The four main areas of investment banking activity/3. Trading and Brokerage – trading with financial securities.mp454.34MB
117. 3. The four main areas of investment banking activity/4. Asset management – the ability to use money to make more money.mp469.55MB
118. 4. Strategies pursued by investment banks/1. Strategies pursued by investment banks.mp466.19MB
119. 4. Strategies pursued by investment banks/2. Relationship vs transaction-based banking.mp473.64MB
120. 4. Strategies pursued by investment banks/3. The accidental investment banker - Book recommendation.mp418.69MB
121. 5. Capital markets – Equity capital markets/1. Why would a company want to go public.mp453.55MB
122. 5. Capital markets – Equity capital markets/10. Post-IPO stabilization Applying the Greenshoe option.mp495.95MB
123. 5. Capital markets – Equity capital markets/12. Other ways to place equity capital – SEOs and private placements.mp429.8MB
124. 5. Capital markets – Equity capital markets/13. Facebook's IPO - Case study.mp450.25MB
125. 5. Capital markets – Equity capital markets/14. Course Challenge #1 - IPO.mp42.13MB
126. 5. Capital markets – Equity capital markets/2. Who are the investors in an IPO.mp448.16MB
127. 5. Capital markets – Equity capital markets/3. Coming up with a share price.mp469MB
128. 5. Capital markets – Equity capital markets/4. What does an IPO timetable look like.mp469.17MB
129. 5. Capital markets – Equity capital markets/5. The IPO syndicate – members and responsibilities.mp459.35MB
130. 5. Capital markets – Equity capital markets/6. The pricing process.mp488.75MB
131. 5. Capital markets – Equity capital markets/7. Fee distribution among investment banks.mp446.33MB
132. 5. Capital markets – Equity capital markets/8. Allocating shares to investors – who gets what.mp484.06MB
133. 5. Capital markets – Equity capital markets/9. Taking a long and short position with respect to a security (definition).mp455.22MB
134. 6. Capital Markets – Debt Capital Markets/1. The four different types of bonds.mp48.92MB
135. 6. Capital Markets – Debt Capital Markets/10. Course challenge #2 - Debt offerings.mp42.59MB
136. 6. Capital Markets – Debt Capital Markets/2. Why issue a bond.mp47.42MB
137. 6. Capital Markets – Debt Capital Markets/3. The mechanics of a bond offering. Process description.mp48.68MB
138. 6. Capital Markets – Debt Capital Markets/4. A particular type of bonds - Junk bonds.mp444.43MB
139. 6. Capital Markets – Debt Capital Markets/5. What is securitization and why can it be useful.mp410.03MB
140. 6. Capital Markets – Debt Capital Markets/7. Asset-backed securities An example of securitization.mp490.62MB
141. 6. Capital Markets – Debt Capital Markets/8. Loan syndication – a preferred instrument for most banks nowadays.mp45.94MB
142. 6. Capital Markets – Debt Capital Markets/9. Project finance.mp4108.15MB
143. 7. Advisory services – Mergers and acquisitions/1. Why acquire another company.mp418.96MB
144. 7. Advisory services – Mergers and acquisitions/2. Describing the typical deal lifecycles and buyer companies.mp45.9MB
145. 7. Advisory services – Mergers and acquisitions/3. The three types of M&A processes.mp411.93MB
146. 7. Advisory services – Mergers and acquisitions/4. A detailed description of an M&A process.mp42.32MB
147. 7. Advisory services – Mergers and acquisitions/5. Valuation of target companies.mp49.63MB
148. 7. Advisory services – Mergers and acquisitions/6. Payment options in M&A deals.mp410.95MB
149. 7. Advisory services – Mergers and acquisitions/7. Financial vs. Corporate buyers.mp44.38MB
150. 7. Advisory services – Mergers and acquisitions/8. Course challenge #3 - M&A.mp43.87MB
151. 8. Advisory services – Restructuring/1. Restructuring services – why and when.mp45.5MB
152. 8. Advisory services – Restructuring/2. The different types of Restructuring.mp49.02MB
153. 8. Advisory services – Restructuring/3. Course Challenge #4 - Restructuring.mp42.12MB
154. 9. Trading and Brokerage/1. How investment banks profit from Trading and Brokerage.mp415.86MB
155. 9. Trading and Brokerage/2. The different types of financial securities traded by investment banks.mp411.12MB