Investment Banking Recruiting Prep (FINC-944-5) This course was formerly known as FINC 944-BThis course prepares first-year students for investment banking summer internship interviews by focusing principally on M&A valuation and execution and capital markets financings, with particular emphasis on cash flow, cost of capital, financial statement impact, capital structure and other related technical considerations for investment bankers. The relationship between investment banking, hedge funds and private equity will also be discussed.
Private Equity Lab (FINC-939-0) This course was formerly known as FINC 939 Byout Lab
This course offers an experiential learning opportunity in private equity with a principal focus on leveraged buyouts. Students will be placed as an intern with a buyout fund in the Chicago area, where they will work for two days each week for 10 weeks. Some students will be placed at a remote fund in another state, with limited on-site work. All students commit to complete at least 150 hours of work during the quarter. Students meet in class only twice: during the first and last Wednesdays of the quarter. There are required readings and a project report based on work for the fund is due at the end of the quarter. Course registration is by application only, which must be submitted directly to the application site approximately eight weeks before the quarter starts. The professor in consultation with the sponsoring firms makes the final selections.
Prerequisites: Students must have completed Financial Accounting (ACCT 430) or Turbo Accounting (ACCT 434) and Finance II (FINC 431) or Accelerated Corporate Finance (FINC 440). Other recommended courses include, Financial Modeling for LBO Transactions (FINC 940), Wall Street, Hedge Funds and Private Equity (FINC 931), Financial Decisions (FINC 442), Corporate Restructuring (FINC 448), Financial Strategy and Tax Planning (FINC 447) and Investment Banking (FINC 461).
More information can be found here.
Registration for this course is by application only
Note: This course may not be dropped after the first week of the quarter.Wall Street, Hedge Funds and Private Equity (FINC-931-0) This course focuses on the activities of private equity (LBO) funds and hedge funds, their influence on corporate decision-making, and corporate measures that are taken to counter threats and exploit opportunities represented by these investors. Competition and cooperation among investment banks, private equity funds and hedge funds is also analyzed. The course also reviews innovative equity, debt and convertible transactions, including hedge fund investing and hedging strategies in relation to these securities. Guest speakers and case studies are a core part of the course.
Venture Lab (FINC-915-0) This course offers students an experiential learning opportunity in the venture capital industry with a focus on all aspects of the venture space, including venture capital funds, corporate venture, seed, incubators, social venture and portfolio companies. Students will be placed as an intern with a venture-related firm in the Chicago area where they will work for two days each week for 10 weeks. Some students will be placed at a remote firm in another state, with limited on-site work. All students commit to complete at least 150 hours of work during the quarter. A project report based on work for the firm is due at the end of the quarter. Students will meet in class only twice: during the first and last Wednesdays of the quarter. Course registration is by application only, which must be submitted directly to the application site approximately eight weeks before the quarter starts. The professor, in consultation with the sponsoring firms, makes the final selections.
Prerequisites: Students must have completed Financial Accounting (ACCT 430) or Turbo Accounting (ACCT 434) and Finance II (FINC 431) or Accelerated Corporate Finance (FINC 440). Other recommended courses include Entrepreneurial Finance and Venture Capital (FINC-445), Market Research and Analytics (MKTG-450), Technology Marketing (MKTG-468). Managerial Accounting (ACCT-431), Financial Decisions (FINC-442), Analytical Decision Modeling (OPNS-450), and Competitive Strategy (MECN-441).
More information can be found on the
Heizer Center webpage Registration for this course is by application only.
Note: This course may not be dropped after the first day of the quarter.Field Study (FINC-498-0) Field Studies include those opportunities outside of the regular curriculum in which a student is working with an outside company or non-profit organization to address a real-world business challenge for course credit under the oversight of a faculty member.
Investment Banking (FINC-461-0) This course focuses on investment banking firm organizational structure, products, risks, earnings, regulations, innovations and competition. The functions of the "banking" business, including M&A, and equity, bond and convertible financings and the "sales and trading" business, including client-related sales and trading and proprietary trading, will be analyzed. In addition, new, innovative Wall Street securities and advisory products will be reviewed. Finally, investment banking relationships with LBO funds, hedge funds and corporate and institutional clients will be explored.
