ABOUT IBD 101
Whitelight Capital decided to launch the Academy to provide opportunities for individuals looking to pursue careers in investment banking, private equity, or hedge funds at an affordable price.
Since 2017, our founder, Kevin Romanteau, has been teaching investment banking and has trained 1,000+ students. In the Academy, you'll benefit from Kevin's experience in bulge bracket banks such as BNP Paribas, Société Générale, and Citi Bank.
*WhiteLight Capital is an investment firm that deploys discretionary Public Equity strategies across sectors and geographies, complemented by segregated Private Market investments.
FAST-TRACK
YOUR CAREER
WITH INVESTMENT BAKING 101
Real-World Experience: Our courses are designed to be practical and insightful, packed with real-world examples and step-by-step guides. Whether you’re preparing for an interview, looking to master merger & acquisition, or aiming to understand the complexities of the equity markets, the Academy offers the tools and knowledge you need to excel through concrete exercises.
Proven Track Record: With over 1,000 students who have secured internships and jobs at prestigious financial institutions, our methods have proven to work. Along with that, our investment process has also proven to yield +20% per annum over the last three years.
Extensive Teaching Experience: Having lectured at French business schools and conducted one-on-one training sessions, Kevin and his team honed their ability to simplify complex financial concepts and deliver them in an engaging, easy-to-understand manner.
Comprehensive Learning: Our courses cover everything from the basics of accounting to the nuances of mergers & acquisitions, private equity. Whether you're a novice or a seasoned professional, there's something here for you.
Join a Community of Aspiring Financial Professionals
When you enroll in our academy, you're joining our community of like-minded individuals all striving for excellence in the finance world. Network, share experiences, and grow together with other aspiring professionals. Plus, participate in our 1:1 coaching sessions to get your questions answered in real-time.
IBD 101 ACADEMY IS HERE TO HELP.
THE CURRICULUM
- What is Enterprise Value?
- EV Primer
- Why Enterprise Value?
- EV to EqV Bridge 101
- Debt at Market Value
- Minority Interests
- Associates
- Preferred Stok and Convertible Debt
- Capital Leases
- Marketable Securities
- Pensions - Defined Benefit Plans
- Provisions
- Other Adjustments
- Q&As
- Exercices
- Advanced Example
- Model
- LBO Primer
- LBO Model Steps
- Sources and Uses of Funds
- Goodwill Calculation
- Proforma Opening Balance Sheet
- Operating Forecast & Cash Sweep Steps
- Debt Schedule
- Tax Calculation
- Valuation at Exit and Equity IRR
- LBO Model Master Step-by-Step
- IRR & Value Creation
- Exercices
- Paper LBO
- Case Study #1
- Case Study #2
- Case Study #3
- Buy-side vs. Sell-side
- Buy-side Process
- Type of Sell-side Process
- Roles and Who Does What?
- M&A Process
- Information memorandum (IM)
- Teaser
- Non Disclosure Agreement’ (NDA)
- Non Binding Offer (NBO)
- Binding Offer (BO)
- Share Purchase Agreement (SPA)
- Potential Exit Alternatives
- IPO Process
- Dual Track Process
- Additional Reading
- Q&As
IBD 101
Quicksheet
Quicksheet to the Art of Private Equity, Merger
& Acquisition, IPOs, Credits is a
concise yet reliable and
comprehensive reference manual
that covers the fundamental aspects
of financial analysis, valuation, LBOs,
IPOs, mergers & acquisitions, credit
analysis, and ratings.
IBD 101
500+ Technical Questions Answered
500+Technical Q&As is an
unmatched problem solver that
addresses the most frequently asked
questions in investment banking,
sales & trading, private equity,
hedge fund, project finance, and
infrastructure.
IBD 101
How to Break In
How to Break into Investment
Banking, Private Equity, Hedge Fund
was intended to enable
undergraduates and MBA students
to truly master the interview process
and refine their core skills to secure
summer, graduate, off-cycle roles or
full-time jobs.