National Investment Banking Competition & Conference, Lecture notes of Lease Finance and Investment Banking

Download National Investment Banking Competition & Conference and more Lecture notes Lease Finance and Investment Banking in PDF only on Docsity! National Investment Banking Competition & Conference NIBC 2016 Competition Overview April 2015 National Investment Banking Competition & Conference 2016 We would like to invite Undergraduate and Graduate students to compete in the 2016 National Investment Banking Competition to gain practical exposure to investment banking and distinguish themselves internationally Invitation to NIBC 2016 Case Components !  The First Round of the competition will span 3 weeks, and give teams of 4 direct exposure to the work of investment bankers !  40 finalist teams are invited to compete for $15,000 in the Final Round in Vancouver, judged by managing directors from top-tier investment banks -  Compete with top students from schools across the world -  Analyze 50-page case package with financial models and data sets prepared by industry professionals !  Case materials include industry primers, templates and guides on preparing financial models and pitch books to industry standards !  Valuation using Discounted Cash Flows, Trading Comparables, Precedent Transactions, and LBO Methodology !  Identification and analysis of potential corporate finance transactions ! Gain experience working in a high pressure, time sensitive environment !  Effectively communicate your ideas to the calibre of a pitch in the investment banking industry !  Deliverables: Presentation, Memorandum and Financial Model Competition Highlights 2 National Investment Banking Competition & Conference 2016 Past Winners NIBC 2015 Undergraduate Winners NIBC 2014 Undergraduate Winners NIBC 2013 Undergraduate Winners 5 2015 Undergraduate Division New York University Stern School of Business Patrick Fong Evercore Partners Summer Analyst Ryan Liu Morgan Stanley Analyst Ryan Yaraghi Evercore Partners Summer Analyst Stephen Caputo Barclays Summer Analyst 2014 Undergraduate Division McGill University Desautels Faculty Ivan Di RBC Capital Markets Analyst Emily Ren RBC Capital Markets Analyst Mark Dorić Goldman Sachs Analyst Nicholas Bigelow CIBC World Markets Analyst 2013 Undergraduate Division Richard Ivey School of Business Kevin Zhou GS Investment Partners Analyst Kevin Gryp Silver Lake Partners Summer Analyst Feroz Qayyum Evercore Partners Analyst Rohit Guntur Morgan Stanley Analyst 2012 Graduate Division Rotman School of Management Aman Malik Credit Suisse Associate Gregory Jones BMO Capital Markets Associate Shaaj Vijay RBC Capital Markets Associate Stephen Ou RBC Capital Markets Associate National Investment Banking Competition & Conference 2016 Early Bird Registration Regular Registration 1st Round Case Dissemination 1st Round Case Submission Finalist Candidates Announced May - Aug 2015 Sep 2015 Oct 2015 Nov 2015 Final Round @ NIBC 2016 Finalist Preparation Period Competition Process (NIBC 2016) Realistic Investment Banking Content §  Transactions §  Datasets §  Models §  Instructions First Round (3 weeks) §  DCF, Trading Comparables, Precedent Transactions §  Leveraged buyout (Graduate Division) §  Transaction ideas §  Pitch book, model and memo §  Finalists notified 1 month before Final Round (2 days) §  Model and data sets provided §  8-hour time slots to develop pitch §  First round presentations in board rooms §  1-hour time slot to refine pitch §  Presentation to Senior Managing Directors of global Canadian investment banks Sponsors §  Macquarie Capital §  CIBC World Markets §  BMO Capital Markets §  Scotiabank §  Phillips, Hager & North §  Deloitte §  RBC Capital Markets §  TD Securities §  National Bank Financial §  Raymond James §  KPMG §  PwC Video Gaming Industry (2015) Valuation & LBO Analysis Transaction (To Be Announced) M&A, LBO, Restructuring Competition Process and Timeline *Dates are subject to change 6 Registration Deadline li ti I t t i t t §  r s cti s §  t s ts §  ls §  I str cti s ir t ( ) §  , r i r l s, r c t r s cti s §  v r y t ( r t ivisi ) §  r s cti i s §  itc k, l §  i lists tifi t f r i l ( ) §  l t s ts r vi §  - r ti sl ts t v l itc §  irst r r s t ti s i r r s §  - r ti sl t t r fi itc §  r s t ti t i r i ir ct rs f l l i i v st t ks r §  c ri it l §  I rl rk ts §  it l rk ts §  c ti k §  illi s, r rt §  l itt §  it l rk ts §  c riti s §  ti l k i ci l §  y J s §  §  i i I tr ( ) l ti lysis r ti ( ) , , str ct ri National Investment Banking Competition & Conference 2016 Case Development Process (NIBC 2015) Components Analysis Industry Analysis Analysis of Trends and Key Players: EA, ATVI, MSFT, SNE, TTWO Industry Presentation Selection of Company:
 Electronic Arts Company Analysis EA: History, Trends, Financials,
 Valuation, Corporate Finance Activities Valuation Models DCF, Trading Comps, 
 Precedents Transaction Analysis Strategic M&A (Take-Two Interactive) Corporate Finance Activities Case Package Guidance, Industry Primer, 
 Comps & Precedent Data Grading Feedback from Board, Ranking of Submissions NIBC 2012 NIBC 2013 NIBC 2014 NIBC 2015 FIRST ROUND Valuation Valuation Valuation Valuation Sports Apparel Gaming Media Gaming FINAL ROUND Acquisition Financing Acquisition Acquisition Mining Gaming Media Gaming Case Development 7 National Investment Banking Competition & Conference 2016 Philip Chua Macquarie Capital
 Associate 
 Case Committee Jacky So Barclays 
 Analyst Case Committee Kathy Butler CIBC 
 World Markets 
 Managing Director Board Member Harry Pokrandt Macquarie Capital
 Managing Director Board Member Amardeep Chandi KKR 
 Associate 
 Case Committee Michael Scott RBC 
 Capital Markets 
 Vice President Case Committee Gint Austrins Global Securities 
 Equity Analyst 
 
 Case Committee Martin Haakonsen TD Securities 
 Analyst Case Committee Brenden Lee Evercore Partners 
 Analyst Case Committee Tracey McVicar CAI 
 Private Equity 
 Managing Partner Board Member Chris Tsoromocos Stern Partners 
 Vice-President 
 Board Member Rizvan Dhalla Morgan Stanley 
 Managing Director 
 Board Member Jordan Anderson bcIMC 
 Assistant Portfolio 
 Manager 
 Board Member NIBC Board Case Development Scott Powell MDA Training President Board Member §  The cases are designed by NIBC’s Case Committee, which is comprised of professionals who have dedicated their time and experience in financial analysis and transaction structuring to work with the Organization Team to create sophisticated cases for NIBC §  During the case creation process, the Case Committee screens companies, reviews trading comparables and precedent transactions, and consults with industry experts to identify suitable real-life situations §  The Case Committee works with the Organizing Team to prepare a sophisticated financial model and information package for competitors in addition to a comprehensive case summary for judges §  Prior to disseminating the cases, the Case Committee receives input from industry professionals and other Board members David Lam Macquarie Capital
 Analyst Case Committee Professional Involvement 10 National Investment Banking Competition & Conference 2016 Universities 100 Competitors 1435 Competing Teams 379 Participating Canadian Schools (NIBC 2015) Western Canada Eastern Canada Western
 Canada Eastern
 Canada Western Canada 22% Eastern Canada 21%US 41% Asia 12% Europe 3% Other 1% Year 1 Year 2 Year 3 Year 4 MBA Undergraduate 61% MBA 39% Competition Statistics (NIBC 2015) Geographic Distribution Academic Distribution Statistics and Canadian Footprint 11 National Investment Banking Competition & Conference 2016 Year 4 Selected Participating American Schools (NIBC 2015) Selected Participating International Schools (NIBC 2015) 12 International Footprint National Investment Banking Competition & Conference 2016 NIBC Organizing Team 2016 15 Name Position Specialization Year Karsten Lee Director, Competition Finance & Accounting 4 Hovy Qiu Director, Case Finance 3 Nicole Ponto Director, Conference Finance 3 Joseph Liu Director, Marketing Finance 4 Caitlyn Yu Director, Internal Accounting 4 Olga Kubliy Director, Training Finance 3 Jamie Farrell Associate, Competition Finance & Real Estate 3 Jessica Ljustina Associate, Case Finance & Accounting 3 Peter Yuan Associate, Case Finance & Mathematics 4 Cameron Strukoff Associate, Case Finance & Accounting 3 Michael Tam Associate, Conference Finance & Real Estate 3 Josh Dogor Associate, Marketing Finance 2 Jonathan Young Associate, Media Finance & Real Estate 3 Lucien Lu Associate, Media Finance 3 Ondraya Swanson Associate, Public Relations International Business & Marketing 3 Elisa Liu Associate, Internal Finance 3 Jamie Farrell Jessica Ljustina Peter Yuan Cameron Strukoff Michael Tam Josh Dogor Jonathan Young Elisa Liu Ondraya Swanson Lucien Lu Karsten Lee Hovy Qiu Nicole Ponto Joseph Liu Caitlyn Yu Olga Kubliy The following slides serve as examples of the case work competitors will perform Appendix – Case Examples National Investment Banking Competition & Conference 2016 Appendix – Case Examples 17