Course ID 17ST31
Programme
  • Finance and Banking
ESPB 6
Number of classes 3+2
Semester 6
Status Optional
The main objective of the course is to get acquainted with and master the basic knowledge from investment banking that is necessary for a modern professional in the field of finance. The course Investment Banking enables students to get acquainted with the activities of investment banks on the primary (the issue of securities) and the secondary financial market (broker-dealer, speculation, arbitration), then familiarization with financial engineering affairs, fusion and acquisition business, investment management, risks in investment banking and other. The general objective of the course is to create professionals who are competent to conduct investment banking operations in banks, brokerage houses, investment and pension funds, insurance companies etc.
By completing the study programme Investment banking successfully, students will be able to:
• define tasks of investment banks and explain and compare the different activities of commercial and investment banking,
• assess and explain risks in investment banking,
• analyse and evaluate the balance sheet structure and the balance sheet for success of investment banks.
Theoretical training
• Concept and organizational structure of investment banks.
• Commercial and investment banking.
• Investment banks in the primary and secondary financial markets.
• Financial engineering (financial derivatives, speculative bonds, zero-coupon bond, etc.).
• The securitization of assets.
• Investment management (investment companies, hedge funds, venture capital funds, leveraged buyout (LBO) funds).
• Fusion and acquisition.
• Specificity of investment banks and other financial institutions.
• Risks in investment banking.
• Balance Sheet and Income Statement of Investment Banks.
• Capital Management Strategy of Investment Banks.
• Models of investment banks organization.

Practical training
• Case study analyses.
Vunjak, N. (2013). Investiciono i hipotekarno bankarstvo. Subotica: Proleter, a.d. Bečej, Ekonomski fakultet Subotica.
Vunjak, N., Ćurčić, U., & Kovačević, LJ. (2008). Korporativno i investiciono bankarstvo. Subotica: Proleter, a.d. Bečej, Ekonomski fakultet Subotica, BLC Banja Luka Koledž.
Fabozzi, J. F., & Modigliani, F. (2009). Capital markets, institutions and instruments, 4th edition. Pearson Education.
Fabozzi , J. F. (2002). The handbook of financial instruments. Wiley Finance.
Auditory lectures with the support of modern learning tools and active participation of students. Practice classes include: the content analysis, debates, seminar papers written by students, case studies.
Assessment (maximum number of points – 100)
Exam Requirements 45 points Final exam 55 points
Attendance 5 Written exam 55
Ongoing assessment 30 Oral exam  
Class participation 10  
Case  study      

 

Array

Practice classes