Biws 400 Study guides, Class notes & Summaries

BIWS 400 Questions with complete solution 2023Let's say I'm working on an IPO for a client. Can you describe briefly what I would do? You meet with the client and gather basic information - such as their financial details, an industry overview, and who their customers are. You meet with other bankers and the lawyers to draft the S-1 registration statement - which describes the company's business and markets it to investors. You receive some comments from the SEC and keep revising the documen...

BIWS 400 QUESTIONS WITH COMPLETE SOLUTION 2023BIWS 400 QUESTIONS WITH COMPLETE SOLUTION 2023 Let's say I'm working on an IPO for a client. Can you describe briefly what I would do? - correct answer You meet with the client and gather basic information - such as their financial details, an industry overview, and who their customers are. You meet with other bankers and the lawyers to draft the S-1 registration statement - which describes the company's business and markets it to investors. Yo...

BIWS 400 Questions with complete solution 2023You've never worked in finance before. How much do you know about what bankers actually do? I've done a lot of research on my own. Based on that, I know that bankers advise companies on transactions - buying and selling other companies, and raising capital. They are "agents" that connect a company with the appropriate buyer, seller, or investor. The day-to-day work involves creating presentations, financial analysis and marketing materials suc...

success story Econ 381 failure story MMSS 00:12 01:11 leadership story YPIE Book Drive 3 strengths curious (Collab), strong work ethic (Grosvenor/Classes/Rush), good problem solver (budgeting A&O, like to address any issues IMMEDIATELY) 3 weaknesses Perfectionist to a fault (often take too long to complete tasks because of this), Impatient (when things take long and are out of my control i sometimes get distracted), overly loyal (root for the mets jets an...

BIWS 400 Questions with complete solution 2023 Let's say I'm working on an IPO for a client. Can you describe briefly what I would do? - correct answer You meet with the client and gather basic information - such as their financial details, an industry overview, and who their customers are. You meet with other bankers and the lawyers to draft the S-1 registration statement - which describes the company's business and markets it to investors. You receive some comments from the SEC and kee...

Walk me through a basic LBO model. "In an LBO Model, Step 1 is making assumptions about the Purchase Price, Debt/Equity ratio, Interest Rate on Debt and other variables; you might also assume something about the company's operations, such as Revenue Growth or Margins, depending on how much information you have. Step 2 is to create a Sources & Uses section, which shows how you finance the transaction and what you use the capital for; this also tells you how much Investor Equity is required...

What are the 3 major valuation methodologies? Comparable Companies, Precedent Transactions and Discounted Cash Flow Analysis. Rank the 3 valuation methodologies from highest to lowest expected value. Trick question - there is no ranking that always holds. In general, Precedent Transactions will be higher than Comparable Companies due to the Control Premium built into acquisitions. Beyond that, a DCF could go either way and it's best to say that it's more variable than other methodo...

How do you value banks and financial institutions differently from other companies? Same "methods" but with nuances: 1. Use P/E and P/Book rather than EV/Revenue, EV/EBITDA due to a banks unique capital structure 2. Use metrics such as NAV (Net Asset Value) and screen comps based on those 3. Use Dividend Discount Model (DDM) rather than DCF *Reason you treat FIG differently is interest is a large part of a banks Revenue and Debt is part of the business model rather than just a financing...