The document outlines the key components and processes involved in investment banking, highlighting origination, valuation, and financial modeling. It details the creation of various models, including operating and transaction-specific models, and emphasizes the importance of facilitating transactions such as mergers and acquisitions. Additionally, it touches on different valuation methodologies like comparable companies, transaction comparisons, and discounted cash flow analysis.

1. Investment Banking
Role and Work
Michael Herlache MBA
Doctorate of Business Administration Candidate 2020
Investment Banking
Role and Work

2. Index
1. Origination
2. Build valuation football field
3. Build operating model using historical financials
4. Build transaction specific model (using operating model) and determine returns
5. Facilitate the transaction
Investment Banking

3. I. Investment Banking Role & Work
1. Origination
2. Build valuation football field
3. Build operating model using historical financials
4. Build transaction specific model (using operating model) and
determine returns
5. Facilitate the transaction
Investment Banking

4. 1. Origination
Investment Banking

5. 2. Build valuation football field
a. Comp companies
b. comp transactions
c. DCF
Investment Banking

6. 3. Build operating model using historical
financials
Investment Banking

7. 4. Build transaction specific model (using
operating model) and determine returns
a. Financial (IRR) - LBO model
b. Strategic (eps increase) - merger model
Investment Banking

8. 5. Facilitate the transaction
a. M&A
b. Financing
Investment Banking