investment banking - role and work

Investment BankingRole and Work

Michael Herlache MBA

Doctorate of Business Administration Candidate 2020

Investment BankingRole and Work

Index1. Origination

2. Build valuation football field

3. Build operating model using historical financials

4. Build transaction specific model (using operating model) and determine returns

5. Facilitate the transaction

Investment Banking

I. Investment Banking Role & Work

1. Origination

2. Build valuation football field

3. Build operating model using historical financials

4. Build transaction specific model (using operating model) and determine returns

5. Facilitate the transaction

Investment Banking

1. Origination

Investment Banking

2. Build valuation football field

a. Comp companies

b. comp transactions

c. DCF

Investment Banking

3. Build operating model using historical financials

Investment Banking

4. Build transaction specific model (using operating model) and determine returnsa. Financial (IRR) - LBO model

b. Strategic (eps increase) - merger model

Investment Banking

5. Facilitate the transaction

a. M&A

b. Financing

Investment Banking