Program Overview

Program Director

Professor Shikha Bhatia

Associate Professor

Dr Shikha Bhatia is an Associate Professor at International Management Institute New Delhi with over 16 years of experience in finance and accounting. She has published research papers and cases in national and international journals, participated in conferences, workshops, and faculty development programs. She won awards for her research paper on Indian capital market and was awarded BIMTECH Young Scholar Award in ICMC2013 and ICMC2019. She is a guest editor for IJVCSN and a reviewer of refereed Journals. Her research interests include initial public offerings, corporate finance, ESG, and financial literacy.

Rising trend of Investment Banking

"The average investment banker salary in India is INR 9.61 LPA which rises upto INR 70 LPA for experienced professionals." - Source : Glassdoor

"Global investment banking market is projected to witness a CAGR of 7.58% Growing from USD 115.48 billion in 2023 to USD 207.19 billion in 2031." - Source: Linkedin

"The global investment banking fee pool reached an estimated USD 130.2 billion in 2023." - Source: Ken Research

Program Learning Outcomes

Program Syllabus

Program Syllabus

Roles and functions of Investment Banks

Investment Banking vs Commercial Banking

Types of Investment Banks

Core Activities of Investment Banks

Allied Activities of Investment Banks

Regulation of Investment Banking

Ethical Issues in Investment Banking

Select Case studies showcasing the roles and activities of Investment Banks.

Harvard Case Study- Lehman Brother and Repo 105

Options of raising funds through Equity for private companies

Public Issue of Equity vs Private Placement of Equity

Why Go Public or Why IPO?

IPO Process and eligibility

Underwriting

ICDR Guidelines

IPOs Vs. SPACs

Select Case studies showcasing the IPO decision analysis for a private company.

Case Study: Mamaearth IPO: The Pricing Dilemma of a Startup

Options of raising funds through Equity for listed companies

Follow on Public Offering (FPO)

Rights Issue

Private Equity

Cases to examine the fund raising choices of listed companies.

Why companies raise debt?

Options for fund raising through debt for private and listed companies.

Public Issue of Debt

Private Placement of Debt

Case Studies from Text book

Options for raising funds through Equity and Debt from global investors and/or markets.

Direct Listing of Equity

Depository Receipts – ADRs/ GDRs? IDRs

Foreign Bonds

Euro Bonds

Masala Bonds

Foreign Currency Convertible Bonds

External Commercial Borrowings

Case study to examine all domestic and global fund raising options.

Case Study: PRADA – To IPO or Not to IPO: That is the question again

Concept of corporate restructuring

Methods

Equity Restructuring

Debt restructuring

Buyback

Delisting

Case Study: Hinduja Global Solutions Limited – Rewarding The Shareholderss

Case Study: Suzlon Energy Limited: Debt Restructuring for Survival, Once Again

Understanding the most effective benefit schemes

Measuring employee satisfaction with rewards management

Understanding the relationship between performance and rewards

Impact of monetary and non-monetary rewards on performance

Case Study: Raymond Limited: Deleveraging and Demerger

Concept of M&A, Joint venture, strategic alliance

M&A types

Role of buy side vs sell side Investment Bankers in M&A transactions

Synergies

Motivation and challenges of M&A

Determination of Exchange Ratio

SEBI takeover code

LBOs and MBOs;

Harvard Case Study: Power Finance Corporation Limited: How to Benefit from Synergies?

Mindtree Limited – Defense against Hostile Takeover

About collaboration of IMI and GradGurukul

IMI Delhi has entered into a collaboration with GradGuruKul, which serves as its exclusive marketing and learning partner. This partnership aims to leverage GradGuruKul's expertise in marketing and educational services to enhance IMI Delhi's outreach and educational offerings. GradGuruKul will play a pivotal role in promoting IMI Delhi's Executive Programmes, facilitating learning initiatives, and fostering a stronger presence in the educational landscape through strategic marketing and educational support activities.