Investment Banking and International Finance
Summer Program
As well as learning how to adapt to a multicultural environment, participants of this program will develop financial risk awareness and utilize spreadsheet modelling based primarily on recent, international case studies.

WHEN?
About the program
The globalized economy creates increasing demand for professionals with well-established international corporate finance expertise. Combining fundamental learning and real-life practice, the course prepares students to undertake careers in investment banking, or corporate finance areas. Through both ready-to-use tools and practical knowledge, participants will be able to implement finance strategies and make appropriate decisions. The intensive summer program addresses the following topics:
- Financial analysis
- Valuation
- Start-up Valuation and Fund raising
- Debt and Hybrid financing
- Development Financing
- Window Dressing
- M&A and Brand Valuation.
Students will benefit from the experience of leading guest speakers who may include CEOs, Chief Financial Officers and Investment Bankers.
The Investment Banking & International Finance Summer Program equips participants with the analytical tools, technical skills, and global perspective needed to understand how major financial decisions are made in today’s interconnected markets. Through intensive coursework and real‑world case studies, students gain practical insights into valuation, financing, and strategic transactions.
- Career‑focused learning: Designed for students aiming for roles in investment banking, corporate finance, or financial advisory.
- Technical depth: Covers valuation, fundraising, debt and hybrid financing, M&A and LBO fundamentals.
- Real‑world relevance: Based on recent international case studies and hands‑on spreadsheet modelling.
- Expert access: Learn from HEC Paris faculty and guest speakers such as CEOs, CFOs, and investment bankers.
- Global finance perspective: Understand how companies operate, raise capital, and create value in international markets.
- Recognized credentials: Earn 5 ECTS credits and an HEC Paris Program Certificate.
Upon successful completion of the summer program, participants will be able to:
- Apply Investment Banking tools successfully
- Recognize key accounting principles and links among the 3 main financial statements
- Analyze a company’s financial performance
- Understand company decisions on capital structure
- Ascertain how company stakeholders work together despite diverging interests
- Identify the ways companies raise funds (debt and equity) as well as the associated costs
- Comprehend the methods CFOs/CEOs and Investment Bankers use to value companies
- Identify key drivers of M&A transactions
- Analyze an M&A transaction
- Understand the purpose of leveraged buyouts (LBOs), their structure and means of success.
This intermediate program welcomes motivated, ambitious participants with at least 2 years of undergraduate studies in a related field, such as Economics, Corporate Finance or Accounting, at the time of the program. A first domain-related internship experience may be beneficial. This program is more technical than Corporate Finance.
Participants will be evaluated based on the following:
- final exam
- team business projects
Participants who successfully complete the program will earn 5 ECTS credits. Full attendance is required to obtain the Program Certificate.
All students who are seeking credit are encouraged to consult their home academic institution to validate credit transfer.