In the International Finance track students will cover the key and most trendy topics of the finance industry such as Private Equity & Entrepreneurship, Valuation, Derivatives, Risk Management, Capital Markets and Alternative markets. With or without previous studies of finance, if you feel passionate about embarking on an ambitious career in the financial world, this course will be a great stepping stone towards your goal.
ÁLVARO GARCÍA SOTO
Financial Accounting Analysis skills which any financier should master to excel in his/her function. These courses will be biased towards international accounting, creative accounting detection and financial analysis.
FOUNDATIONS OF CORPORATE & MODELLING
With or without previous studies in finance, through this course the students will have the chance to participate in an intensive Corporate Finance course where they will learn the key concepts of business financing and investing. This course will introduce the key elements of financial theory by exploring the foundations of analysis of the financial situation of a business and the different alternatives for the evaluation of capital investment decisions. We will also cover the basics of “financial modeling” in order to learn how to effectively use spread sheets as a basic tool for financial analysis and data modeling.
PRIVATE EQUITY & ENTREPRENEURSHIP
IE has traditionally enjoyed a reputation as a school for entrepreneurs. In the context of the IE Finance Summer School, students will see for themselves how private equity and finance serve as excellent tools to become an entrepreneur through acquiring an existing business.
SUSANA MARTÍNEZ MEYERS
This course provides an introduction of the different equity valuation methodologies including industry analysis and fundamental valuations. We will also analyze the advantages and disadvantages of these valuation tools in the different market contexts and for the different financial investors.
Financial Tools. In this course the student will handle with the basic tools used by financial professionals. Bloomberg will be used as case study, a financial platform that covers real-time data, news and analytics.
PABLO SOLER BACH
The financial industry is experiencing an important moment of disruption. The frontiers between industries have been blurred thanks to the use of technology. This has allowed new entrants, both start-ups and big technology players to enter into activities which used to be reserved traditionally to banks. During this course we will analyze some of the changes that are happening in areas such as payments (with new players like Paypal or Apple), wealth management (with the introduction of robo-advisors) or peer-to-peer lending . We will also analyze how particular technologies, such as Blockchain (which initially emerger linked to Bitcoin) or Big Data, are reshaping the industry. Finally, we will pay special attention to two key aspects like regulation and security, which are essential for any player operating in the financial sector.
THE ABC OF DERIVATES
RAFAEL MARTINS DE LIMA FERREIRA
This short course will provide students with the tools and insight needed to understand the concept of derivative security and its valuation. The course will show how we can use derivatives to build investment strategies that cannot be performed just by investing in the underlying asset, as well as how we can use derivatives to hedge financial risks that many companies face within their daily activity.
INTRODUCTION TO CAPITAL MARKETS
The objective of the course is to provide students with an overall understanding of the main financial instruments and products in the capital and financial markets where they are found by reviewing their respective structures and main features, their origins and the current trends along with the associated markets participants and financial institutions. The different types of bonds and equities, as well as the money and mortgages markets and a wide range of financial instruments and products in the banking market are analyzed. The ultimate goal is for students to be acquainted with the essential tools to be used in both the investment and the financing decisions at either side of the underlying transactions.
TRADITIONAL & ALTERNATIVE MARKETS
The course discusses traditional, regulated financial markets such as stock exchanges, bond markets, and money markets as well as alternative, less-regulated investment markets. By comparing traditional asset types (stocks, bonds and cash) with more complex and less liquid markets’ instruments, Students will learn the role of traditional investments in asset allocation decision making. This course will give participants a general understanding of financing and investing, valuable not only for corporate financiers and capital markets professionals, but also for anyone interested on financial capital markets.
INTRODUCTION TO MARKETS´ANALYSIS
SUSANA MARTÍNEZ MEYERS
The course provides an introduction to the financial market analysis. It will take a look into market efficiency theory and the way the different financial actors interact in the market.
CARLOS GARCÍA DE JUANA
The recent financial crisis has evidenced the importance of having a stable financial system. Banks are critical institutions, not only because they handle our deposits, but also because their decisions affect directly the availability of credit in the market and, consequently, influence the economic development of individuals, companies and countries.
Therefore, a strong and resilient banking system is the foundation for a sustainable economic growth in the world.
Banks must ensure that they have their proper risk governance frameworks, in order to ensure that they understand and are able to manage the different risks they are exposed to.
The aim of this course is to try to give the students a clear and comprehensive picture of these various risks to which a bank is subject to, and to address the tools and methodologies needed to identify, measure, monitor and mitigate these risks.