103-005-IO3 IPO & Investor Relations

Study program:

International Finance (M.Sc.)

Academic level and semester:

Master,2nd semester

ECTS credits/workload per semester:

3 / 75

Contact hours per week/contact hours per semester:

2 / 25

Type/Teaching method:

Lecture

Language of instruction: English

Frequency:

Summer semester

Lecturer:

Jan Schwendemann, Patrick Kofler

Content:

This course consists of two parts: Initial Public Offering (IPO) and Investor Relations. Part IPO deals with the following topics: Why Initial Public Offering (IPO)?: Definition, reasons, global IPO market, history, pros and cons, case study; Key factors of a successful IPO: Pre-IPO strategy, business plan, equity story, time table, governance, financial reporting, issue concept, excursus ICO; Valuation: Peergroup, multiples; Placement process I: Syndicate, structure, research, marketing; Placement process II: Pricing, allocation, fees, designation, stabilization; Documentation: Beauty contest, consultants, advisors, due dilligence, prospectus, comfort letter, agreements; Post IPO obligations and Investor Relations activities Part Investor Relations deals with the following topics: What is Investor Relations? Role and Target of Investor Relations, IR Environment, Managing Expectations, Objetives of Investor Relations, Target Groups Communication Tools, Do we need IR?

Textbooks:

Lecturer's script

Recommended for:

Undergraduates, graduates

Prerequisites:

Background in Business/Economics, Finance and Accounting (at least intermediate level)

Restrictions:

None

Assessment:

Written exam, presentation