Blended Course Map: FIN 420 – Investment Banking and Capital Markets
Blended Learning
This blended course map was created by a participant of the Blend@UW Course Design Series. It represents an example of how activities could be designed for one unit of a course to achieve the course and unit outcomes.
Example of a blended course map from FIN 420 – Investment Banking and Capital Markets
Name: Marisa Palmer
SCID: Wisconsin School of Business
Department: Finance
Course Name: FIN 420 - Investment Banking and Capital Markets
Supported Program Outcomes:
- PO1: Explain risk vs. returns, explain methods of measuring and managing risk
- PO2: Use financial models, including for optimal portfolios and estimation of expected returns
- PO3: Distinguish between equilibrium and no-arbitrage pricing, apply both
- PO4: Explain costs/benefits of separation of ownership and control in typical large firm
- PO5: Understand how market frictions can influence financial decisions
- PO6: Explain how investment and financing decisions create and destroy value
Course Objectives:
- CO1: Demonstrate the fluency necessary to understand/explain current and historical financial news and events, particularly with respect to mergers and acquisitions, initial public offerings, and investment banking
- CO2: Locate relevant information in financial statements
- CO3: Utilize appropriate financial technologies and databases (Excel, CapIQ and Bloomberg) to access and effectively present financial information
- CO4: Understand that value changes depending upon what is being priced
- CO5: Determine what each valuation model is actually valuing
- CO6: Determine the effect of leverage
- CO7: Describe differences in types of debt tranches
- CO8: Demonstrate how to create a discounted cash flow model
- CO9: Demonstrate how to value a company using comparable companies
- CO10: Demonstrate how to value a company using precedent transactions
- CO11: Create and defend a basic leveraged buyout model
- CO12: Calculate if an acquisition is accretive or dilutive
Course Units:
- Unit 1: Financial Statement Analysis
- Unit 2: Excel Modeling
- Unit 3: Building a Forecast Model
- Unit 4: Valuation Overview
- Unit 5: Discounted Cash Flow Analysis
- Unit 6: Trading Comparables (Comps)
- Unit 7: Initial Public Offerings (IPOs)
- Unit 8: Precedent Transactions
- Unit 9: Leveraged Buyout Analysis (LBO)
- Unit 10: Strategic Mergers & Acquisitions
Unit Being Redesigned:
Unit 6: Trading Comparables (Comps)
Unit Objectives:
- UO1: Understand the role of trading comparables as a relative valuation technique
- UO2: Describe what different multiples are telling us and when it is appropriate to use them (e.g. P/E vs. EV mulitples)
- UO3: Construct a set of comparable companies (comp set)
- UO4: Define the key drivers of value creation: growth, ROIC/ROE and WACC/Ke
- UO5: Calculate P/E, EV, and industry multiples
- UO6: Apply trading comparables to value a real-world company
Pre-Class Activities | In-Class Activities | Post-Class Activities |
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Pre-Class 1
Pre-Class 2
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In Class 1
In Class 2
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Post-Class 1
Post-Class 2
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