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Learn Markets and products

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B Basic

The map of markets7m
Equity and debt capital marketsPro9m
Interest rates and the FedPro10m
How to follow markets for an interviewPro7m

A Advanced

Credit spreads and the leverage cyclePro10m
The M&A and IPO cyclePro9m
Talking about a dealPro10m

FlashcardsPro0/26
Basic quizPro80% passes
Advanced quizPro80% passes
Terms

Markets and products

0
of 7 lessons: 0
of 26 cards

Flashcards Start the first lesson

What the markets are, how a bank gets paid in them, and why rates and spreads decide how many deals get done. Ends with the 60 second deal answer every first round asks for.

BBasic4 lessons

1The map of marketsFour big markets, two ways to trade in each, and the handful of buyers who show up everywhere. This is the vocabulary the rest of the track uses.7 min
2Equity and debt capital marketsProECM and DCM help companies raise money, and the bank is paid a slice of what is raised. The slice depends on how hard the deal is to sell.9 min
3Interest rates and the FedProThe Fed sets the short rate, the market sets the rest, and every valuation in the building runs off them. A higher discount rate means a lower value, and the math shows how much.10 min
4How to follow markets for an interviewProYou do not need a view on everything. You need a short routine, a few numbers you watch, and the habit of saying direction and reason rather than reciting a level.7 min
Basic quizPro10 questions, 80% passes

AAdvanced3 lessons

5Credit spreads and the leverage cycleProA spread is the extra yield a lender demands over Treasuries for taking credit risk. When spreads tighten, debt gets cheap and plentiful and buyouts boom; when they widen, the deal market seizes.10 min
6The M&A and IPO cycleProDeal volume rises and falls with confidence, valuations, and financing. Learn the drivers, what sponsor dry powder means, and how a change in the market multiple moves an IPO price.9 min
7Talking about a dealProEvery first round asks you to walk through a deal. Sixty seconds, five parts, and one number you computed yourself.10 min
Advanced quizPro9 questions, 80% passes