来自资深保代的投行成长笔记

Core Viewpoint - The article emphasizes the challenges and complexities of working in investment banking, particularly for newcomers, and introduces a learning package designed to help them understand the industry better and develop essential skills [1][2]. Group 1: Learning Package Overview - The learning package includes a printed material titled "Investment Banking Growth Notes," an online course on assessing the feasibility of corporate IPOs, and a customized notebook [3][43]. - "Investment Banking Growth Notes" consists of 312 pages, over 120,000 words, and 9 chapters, covering career planning, industry insights, and essential skills for investment banking professionals [3][6]. Group 2: Content Breakdown - Chapters 1 and 2 provide foundational knowledge about investment banking, including department divisions, regulatory frameworks, basic skills, project classifications, daily tasks, personnel sources, future transitions, and industry trends [6][8]. - Chapters 3 to 7, which occupy about 62% of the book, detail the skills necessary for investment banking, such as industry research, client acquisition, due diligence, financial thinking, and company valuation [10][32]. - Chapter 3 focuses on industry skills, covering quantitative thinking, macro data, industry division, due diligence guidelines, financial metrics analysis, and research application techniques [10][13]. - Chapter 4 shares insights from an experienced underwriter on acquiring IPO business, including market conditions, channel development, and preparation for client meetings [16][18]. - Chapter 5 discusses due diligence processes, emphasizing information collection, verification, and analysis, along with specific operational procedures [23][24]. - Chapter 6 explains how to analyze financial statements to understand a company's true condition, detailing the relationships between balance sheets, income statements, and cash flow statements [25][27]. - Chapter 7 covers valuation methods, including relative and absolute valuation, and offers insights on how companies can enhance their valuations [28][30]. Group 3: IPO Focus - Chapters 8 and 9 shift focus to IPO projects, with Chapter 8 addressing common regulatory concerns during IPO reviews, such as financial compliance and related party transactions [34][36]. - Chapter 9 outlines the responsibilities of various departments within a company during the IPO process, ensuring they meet regulatory requirements and are prepared for inquiries [37][40].