The international market for Initial Public Offerings, IPOs, has evolved quite dramatically in last several years, with a substantial change in both the profile of companies accessing the public equity market (e.g., “gig-economy” companies) and the strategies for executing the Initial Public Offer (e.g., SPACS). In this rapidly changing environment it is of upmost importance to remain up-to-date on the cutting-edge state of the art in this market segment.
The program is based on three days of instruction. The first day is optional, and is devoted to a review of relevant valuations techniques, with a specific emphasis on Initial Public Offerings. The second and third day provide an in-depth analysis of the inner workings of market for Initial Public Offerings. The course is a blend of lectures, case analysis, and practical exercises.
An additional amount of € 1100.- will be charged for the optional day.
We provide a safe learning environment: read the latest coronavirus updates for our in-class programs.
How you will benefit
- Gain an up-to-date overview of the current state of the international market for Initial Public Offerings
- Take part in an in-depth discussion of the costs and benefits of public offers
- Examine in detail the process for executing a public offer: What should a company expect and how to prepare for it?
- Understand IPOs as an asset class: What is the post-IPO performance?
Program length
2/3 days
Day 1 – Optional (27 June) | 09:00 – 17:30 |
Day 2 | 09:00 – 17:30 |
Day 3 | 09:00 – 17:30 |
Day 1 (note: day 1 is optional)
Overview of Valuation Techniques for IPOs
Topics will include:
- IPO valuation: the use (and misuse) of multiples
- IPO valuation: the challenges of the Discounted Cash-Flow (DCF) approach
- Real options and the valuation of growth companies
- Practical case studies
Day 2
Current trends in the market for IPOs
Topics will include:
- Introduction to the IPO market and current trends
- Going public and the IPO process: costs and benefits
- Going public with SPACS
- Practical case studies
Day 3
Preparing and marketing IPOs
The post-IPO performance
Topics will include:
- When to go public and why
- Preparing and marketing IPOs
- The post-IPO performance
- Practical case studies
Please note that the first day of this program is optional, and is devoted to a review of relevant valuations techniques, with a specific emphasis on Initial Public Offerings.
- This program is primarily aimed at investment banking professionals engaged in Initial Public Offerings.
- Executives in companies considering an Initial Public Offering will greatly benefit from attending as they will learn what to expect from an IPO and how to prepare for it.
- Equity market investors interested in better understanding risk and opportunities in the market for Initial Public Offerings will also benefit.
- Any finance professionals wanting to gain a solid overview of today’s IPO market segment.