Syllabus
Series 79 Investment Banking Representative Exam Prep Course
87 lessons. Online and self-paced.
Research and Information Sources
Collect reliable company, industry, transaction, and ownership information while observing communication restrictions.
- 1Financial Information Source Selection
- 2Industry and Market Research
- 3Company Business Profile Research
- 4Comparable and Precedent Data Collection
- 5Periodic and Event Filing Research
- 6Ownership and Insider Filing Sources
- 7Permitted Internal and Client Communications
Accounting and Financial Statements
Interpret financial statements and trace accounting changes through company performance and cash flow.
- 8Balance Sheet Account Classification
- 9Income Statement Earnings Components
- 10Cash Flow Statement Classification
- 11Three Statement Accounting Linkages
- 12Working Capital Accounting Effects
- 13Inventory and Long Lived Assets
- 14Normalized Earnings and Accounting Quality
Performance and Credit Analysis
Use financial ratios and operating measures to evaluate liquidity, profitability, and financing capacity.
- 15Liquidity Ratios and Working Capital
- 16Turnover and Cash Conversion
- 17Asset Utilization and Productivity
- 18Profit Margins and Operating Earnings
- 19Returns on Invested Resources
- 20Leverage and Interest Coverage
- 21Cash Generation and Credit Capacity
Valuation Foundations and Multiples
Translate financial and market information into consistent equity and enterprise valuation measures.
- 22Equity Value and Share Counts
- 23Enterprise Value Bridge Calculations
- 24Earnings Periods and Growth Measures
- 25Enterprise and Equity Trading Multiples
- 26Comparable and Segment Valuation
- 27Precedent Transaction Valuation Analysis
- 28Book Value and Yield Measures
Intrinsic Valuation and Modeling
Build discounted valuation analyses and test the assumptions that drive investment conclusions.
- 29Present Value and Investment Returns
- 30Risk and Cost of Equity
- 31Weighted Average Cost of Capital
- 32Operating Forecasts and Free Cash Flow
- 33Terminal Value and DCF Valuation
- 34Dividend Discount Valuation
- 35Sensitivity and Valuation Reconciliation
Financing Analysis and Diligence
Evaluate financing alternatives and investigate information that can affect transaction recommendations and disclosures.
- 36Issuer Structures and Investor Profiles
- 37Debt Equity and Hybrid Alternatives
- 38Ownership and Financing Impact Analysis
- 39Offering Diligence and Material Disclosure
- 40Seller Diligence and Data Rooms
- 41Buyer Investigation and Hidden Liabilities
- 42Internal Controls and Diligence Escalation
Public Offerings and Syndicates
Apply public-offering registration, communication, disclosure, and underwriting agreement requirements.
- 43Registered Offering Process and Documents
- 44Shelf Registration and Issuer Status
- 45Prospectus Content Delivery and Updates
- 46Offering Communications and Disclosure Liability
- 47Reporting Duties and Offering Conflicts
- 48Underwriting Commitment Risk Allocation
- 49Syndicate Agreements and Selling Terms
- 50Distribution Restrictions and Regulatory Notifications
Offering Execution and Completion
Manage marketing support, pricing, allocation, market activities, and financing closeout.
- 51Roadshow Preparation and Marketing Support
- 52Bookbuilding and Investor Demand
- 53Offering Size Price and Timing
- 54Allocation Restrictions and Customer Obligations
- 55Stabilization and Syndicate Short Covering
- 56Underwriting Spread and Syndicate Economics
- 57Exchange Listing and Delivery Coordination
- 58Deal Records and Account Finalization
Exempt Offerings and Resales
Select appropriate offering exemptions and distinguish issuer financing from secondary resale pathways.
- 59Intrastate Offering Exemption Requirements
- 60Regulation A Offering Tiers
- 61Private Placement Terms and Documentation
- 62Regulation D Exemption Selection
- 63Member Private Offering Compliance
- 64Rule 144 Control Person Resales
- 65Rule 144A Institutional Resales
- 66Regulation S Offshore Transaction Conditions
Sell Side Transaction Execution
Design and execute a sale process that addresses seller objectives, buyer quality, and transaction structure.
- 67Seller Objectives and Advisory Engagements
- 68Stock Asset and Merger Structures
- 69Tax and Regulatory Structuring Considerations
- 70Buyer Selection and Financing Capacity
- 71Sale Marketing and Auction Procedures
- 72Bid Comparison and Final Rounds
- 73Definitive Agreement Financial Terms
Buy Side Analysis and Fairness
Evaluate acquisition economics and distinguish transaction recommendations from fairness opinions.
- 74Acquisition Rationale and Target Assessment
- 75Consideration Financing and Bid Terms
- 76Leveraged Buyout Valuation
- 77Accretion Dilution and Synergy Analysis
- 78Buyer Negotiation and Execution Decisions
- 79Fairness Opinion Purpose and Analysis
- 80Fairness Opinion Approvals and Disclosures
Closing Tender Offers and Restructuring
Apply closing, tender-offer, and restructuring requirements to transactions with distinct disclosure and execution risks.
- 81Closing Conditions and Transaction Disclosure
- 82External Communications and Closing Changes
- 83Tender Offer Filings and Communications
- 84Tender Offer Timing and Shareholder Equality
- 85Claim Priorities and Distressed Recoveries
- 86Loan Covenants and Restructuring Alternatives
- 87Bankruptcy Process and Reorganization Disclosures