Your SlideShare is downloading. ×
  • Like
Investment banking as a career
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.


Now you can save presentations on your phone or tablet

Available for both IPhone and Android

Text the download link to your phone

Standard text messaging rates apply

Investment banking as a career



Published in Economy & Finance , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads


Total Views
On SlideShare
From Embeds
Number of Embeds



Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

    No notes for slide


  • 1. Investment Banking as a Career September 22, 2013 Arif Khan M.Com MBA FCMA CFA Commissioner, Bangladesh SEC
  • 2. Three functions:  Investment banking (Merchant Banking in Bangladesh context-mostly corporate finance deals)  Research and trading -mostly equity research and trading  Advisory services for mergers and acquisition and enterprise valuation What an Investment BankerTypically Does?
  • 3.  Corporate finance deals with raising money for firms to maximize shareholders wealth. Common areas are: Initial Public Offerings (IPO)  Debt offerings, private placement and public offerings  Equity, private placement & right offer or repeat public offer Corporate Finance Activities
  • 4.  Understanding the whole process of issuance of shares and corporate debt  Underwriter provides advice for issuer, distribution of securities, sharing of risks of issue and stabilization of aftermarket  Underwriter also “certifies” the issue by putting its reputation behind the issue Huge Role of Investment Bankeras Underwriter
  • 5.  Advise issuers about their choices  Agreement among underwriters, designates manager, fees  Cooling off period- distribute prospectus Organizing road show for prospective investors The Underwriting Process- Prefiling Period
  • 6.  Filing with Bangladesh SEC  Decide on offering price, electronic book running  Price discovery for IPO  Opening the issue for public subscription The Underwriting Process- Second Phase
  • 7.  Understanding the business  Industry overview and competitive positioning  Financial statement analysis  identifying investment risks  finding out the value, not the price! Equity Research-Basics
  • 8.  Analysis of potential mergers or acquisition  Organizing leverage buy-out deals  Corporate restructuring  Divestitures  Enterprise valuation Corporate Advisory
  • 9.  Positive attitude in problem solving  who are comfortable with numbers  who likes to work with people  almost all jobs in i-banking are people oriented What Type of People Do Well in i-Banking
  • 10.  Basic knowledge in economics  A broad understanding of business  understanding the operation of financial market  A strong understanding of accounting, and financial statement analysis capability  Backgrounds in corporate finance and investment  Marketing skills, enthusiasm and people skill  Good written and oral communication skill What You Need to Make it in i-Banking
  • 11. • “The only place where success comes before work is in a dictionary”  “ If I am interested in a company, I’ll buy 100 shares of all its competitors to get their annual report”  “We should pay to Have This Job”  “ Find out your area of interest and think and work with it passionately for 24 hours” Final Note-Continuous Learning and Hard Work
  • 12. THANK YOU