Introduction to Investment Banking

Investment banks are sophisticated institutions that provide a vast array of financial services while also engaging in trading securities for their own profit. They play a pivotal role in the financial ecosystem by raising capital from investors through the sale of securities and channeling those funds to individuals and entities that need financing for various projects. These projects can range from starting new businesses and constructing buildings to running municipal operations and launching large-scale endeavors. This course offers a comprehensive look into the world of investment banking, covering its organization, primary services, and key sources of information about its activities.

The course begins with an overview of investment banks, explaining their role in the financial markets, their importance in capital raising, and their involvement in various financial activities. Participants will gain an understanding of the fundamental principles that drive investment banking operations and the overall impact these institutions have on the economy.

Following the overview, the course explores the different divisions and services offered by investment banks. This section breaks down the core functions such as underwriting, mergers and acquisitions (M&A), sales and trading, asset management, and research. By understanding these divisions, participants will appreciate the diverse range of services that investment banks provide to their clients, including corporations, governments, and individual investors.

The final section of the course focuses on the organizational structure of investment banks. This part delves into how these institutions are structured internally, highlighting the various departments and their roles within the bank. Participants will learn about the hierarchy within investment banks, the roles of different professionals, and how the organizational framework supports the bank’s operations and strategies.

By the end of this course, participants will be able to:

- Understand the fundamental role of investment banks in the financial system.

- Identify the main services and divisions of investment banks, including underwriting, M&A, sales and trading, asset management, and research.

- Explain how investment banks raise capital, manage assets, and facilitate transactions in the financial markets.

- Describe the organizational structure of investment banks and the roles of various departments and professionals within these institutions.

- Access and utilize key sources of information about investment banking activities for further learning and practical application.

This course provides a thorough introduction to the world of investment banking, equipping participants with the knowledge and insights needed to understand how these complex organizations operate and the critical services they provide.