Investment banking
Not offered in 1995
Mr Ian O'Connor
6 points * 3 hours per week * First, second semester * Caulfield * Prerequisites: FIN2401, FIN1300 and ACC2631
Objectives The student will demonstrate an understanding of the specific coverage of the institutions' operations in: the underwriting and marketing of the public issues of securities; its money markets; foreign exchange; investment management; financial advisory services.
Synopsis Introduction to and defining investment banking; development of investment/merchant banking overseas; development of investment/merchant banking in Australia; regulatory system, its operations in Australia and current market perspective; money market operations; foreign exchange operations; underwriting activities: types of securities underwritten, underwriting syndication structuring, risks and pricing underwriting structures; financial advisory work (public and private sector); structural finance and other lending; investment management activities; diversification efforts within Australian finance; problems and institutional failure; comparison of present day investment/merchant banks operations overseas: United States, United Kingdom, Japan, elsewhere in Asia; future direction of investment banking.
Assessment Assignment: 50% * Final examination (3 hours): 50%