金融英语教案.doc

金融英语教案 Financial English Teaching Scheme By: Wu Yineng Objectives of this course: ? Make it a professional course, not a pure English course ? Reading easy financial reports and papers ? Understanding financial concepts ? Making Presentations ? All the terms shall be remembered ? The exam paper is designed in English I will not translate the textbook sentence by sentence, but you should read pages I assign. Lecture I Investment Banking Inspiring Question: Imagine you are the CEO of Sinopec Petroleum. Now you are planning to build a ipeline from Xingjing to Shengzhen, the investment of which will be as much as 10 p million Yuan. How Can you get so much money for the pipeline project? Students’ possibly reply: (1) Use the company’ s Money (2) Borrow money from commercial banks—bank loans (3) Ask an investment bank for help –to issue debt or equity securities The ways of financing a project: Traditional ways: (1) bank loans ,Commercial banking (2) debt securities ,Investment banking (3) equity securities ,Investment banking on-traditional ways: N (4) Venture Capital (VC) (5) Private equity (PE) (6) Angel Investment (AI) (7)credit derivatives, such as CDS(credit default swap信息违约互换) and CDO (Collateralized Debt Obligation，担保债务凭证) So in this lecture we will learn what is investment bank, why people need investment banking, the financial market for investment banking, financial instruments of investment banking and relative calculations. Part I Introduction Section A—The basics 1. investment banks/ banking/ bankers (1) Investment banks are intermediaries between people who have money and people who need money. (Textbook) An investment bank is a financial institution that assists individuals, corporations, and governments in raising capital by underwriting(承担) and/or acting as the clients agent in the issuance of securities. An investment bank may also assist companies involved in mergers and acquisitions, and provide ancillary(辅助的，附加的)