Initial Public Offering

Initial Public Offering Simulation

Students step into the world of IPOs, taking on the roles of underwriters and investors

Initial Public Offering
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Simulation Overview

The Initial Public Offering Simulation is a comprehensive, experiential financial simulation created by investment bankers. It meticulously replicates the intricate process of taking a company public.

Students engage in the multifaceted journey of an IPO, from pre-IPO planning and valuation to roadshow strategies and pricing the offering.

This multiplayer simulation encourages critical thinking and raises corporate finance expertise, strategic communication, and market understanding. Students are evaluated on their ability to navigate the complexities of the IPO process, optimize the offering price, and ensure a successful listing.

Initial Public Offering
Initial Public Offering gameflow
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Initial Public Offering key features

Key Features

Duration

3 to 6 hours

Ideal for

MSc, MBA, 3rd BSc students

Pre-requisites

Basic understanding of Multiples valuation

Approach

Adaptive learning by doing in a competitive team setting

Grading

Simulator provides assessment data to grade students

Instructions

Explained by videos, case studies, pop-up windows

Real-time feedback and scores

Provided by simulator

Facilitator

Simulator runs by itself (coaching is optional)

Clocks, rules and validation

Managed by the simulator

Location

Online, in-classroom or hybrid

Overview: Initial Public Offering

- Experience the adrenaline of working on an IPO deal - Engage in an intense and competitive IPO game - Participants manage the full process - from a roadshow to book building and allocation

45 seconds

Pricing

Per participant, valid for 50+ students

CurrencyDIYPrimedGuidedFacilitated
USDUSD 33USD 46USD 59USD 69
EUREUR 29EUR 39EUR 52EUR 65
GBPGBP 25GBP 35GBP 45GBP 55

Need to apply for internal funding approval?

Show Business Case

Creators of the Initial Public Offering Simulation

The following industry professionals were involved from the beginning in the inception, creation, development, testing, and optimization of the simulation.

Gerhard Wörtche

Sell-Side and Buy-Side experience, Morgan Stanley and HPS Investment Partners, Gerhard Wortche.

Bharat Venugopal

Senior M&A Investment Banker, Morgan Stanley, Bharat Venugopal.

Fatemeh Hosseini

Assistant Corporate Finance professor, Fatemeh Hosseini.

Aatmay Upponi

Ex Finance Director, Precomp Tools, Aatmay Upponi.

Georgi Naydenov

Practitioner, Leveraged Finance, Morgan Stanley, SMBC, and Citi, Georgi Naydenov.

Facilitator Resources

Concepts

  • IPO Process and Timeline
  • Prospectus and Offering Price
  • Roadshow
  • Book building
  • Allocation

Learning Outcomes:

  • Recognize the perspectives and incentives of corporate managers, underwriters, and investors
  • Understand the role of roadshows and how to effectively market an IPO
  • Understand the key parts of an IPO process
  • Identify the key risks and challenges associated with an IPO
  • Analyze relative valuation techniques among comparable companies
  • Understand the role of financial statements and ratios in IPO analysis
  • Compare financial statements of different companies
  • Learn key financial modeling techniques used in the IPO process
  • Understand the ways in which companies can manipulate their P&L items to boost earnings
  • Recognize why management and advisors may have overly optimistic outlooks

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Book a Demo

Join this 20-minute webinar, followed by a Q&A session, to immerse yourself in the simulation.