25575 Investment Banking UTS Business School 代写
100%原创包过,高质量代写&免费提供Turnitin报告--24小时客服QQ&微信:273427
25575 Investment Banking UTS Business School 代写
Finance Discipline Group
UTS Business School
25575 Investment Banking
Individual Assignment – Spring 2017
Due date of Assignment
Due date of this Individual Assignment is 5.00pm Friday 6 October 2017. This Assignment is worth 20
marks, that is, 20% of the final assessment.
The Assignment
The Assignment offers you the opportunity to demonstrate your mastery of certain aspects of Investment
Banking. Specifically, you are invited to apply the knowledge and skills developed in class to analyse the
evolution of the business model of one of the most prominent Investment Banks operating on global scale.
The focus of this assignment is on the evolution of the business model of Goldman Sachs between 2006
and 2016. The main reference materials are the annual reports for these two periods. The investor relations
section of Goldman Sachs website can provide additional useful information.
You will also have to answer few question related to the general business practices of modern investment
banks.
Assignment Questions
25575 Investment Banking UTS Business School 代写
1. [4 marks] Analyse the current business model of Goldman Sachs.
a. What are the main business areas?
b. Provide in your words a brief description (max 10 lines) of what each area does.
c. How much each of them contributes to the total revenues and profits of the bank?
d. How profitable is each area (in terms of profit margin)?
2. [4 marks] Analyse the business model of Goldman Sachs in 2006.
a. What were the main business areas in 2006?
b. Provide in your words a brief description (max 10 lines) of what each area does. If appropriate
you can make explicit reference to what you have written before (for the areas that have not
changed).
c. How much each of them contributes to the total revenues and profits of the bank?
d. How profitable was each area (in terms of profit margin)?
3. [2 marks] Comment on the differences compared to the current business model. Can you trace the
specific changes to any particular event or regulation?
4. [2 marks] Comparing the two financial statements comment on the main changes in the cost structure
of the bank. Only focus on the most relevant changes.
Page | 2
5. [2 mark] In the Abacus Scandal (analysed in Topic 5), Goldman Sachs earned a fee of 15m$. To
which division/business area would this fee belong?
6. [2 marks] The FT article commenting the 2017 M&A League Tables (analysed in Topic 2) mentions a
deal managed by Goldman Sachs in 2011 (involving a company called “El Paso”). Indicate which
divisions/business areas of Goldman Sachs were involved in this situation. Describe in your words the
conflict of interest between the two.
7. [2 marks] The FT article analysed in Topic 1 describes a change in the business model of Goldman
Sachs. Can you indicate where we can find the effect of this change in the 2016 annual report
(compared to 2006)? In your own words can you briefly describe the advantages the bank expects from
this new line of business?
8. [2 marks] In Topic 8 we analysed a FT article describing a concession made by regulators to Goldman
Sachs regarding the application of the so-called Volcker Rule. Briefly explain the content of this rule
and the specificity of the extension received by Goldman Sachs. You can find explicit mention of (the
possibility of) this extension in the 2016 annual report. Explain which division/business area is affected
by this extension and how.
Page | 3
Assessment Criteria – written assessment
The Assignment must be prepared in accordance with the UTS guidelines in the “Guide to Writing
Assignments”. It must be typed in 12 fonts, single-spaced, A4 paper of 6 – 8 pages in total. The body of the
submission should be in sentence and paragraph form with numbering/bullet form only used for
indication of questions. Ensure to attach the official UTS Cover Sheet to your Individual Assignment for
both physical and electronic submissions. Official UTS Cover Sheet can be found in the Individual
Assignment folder at UTSOnline.
Submission Details
You must submit your assignment both physically and electronically.
Physical Submission: Please deposit the physical copy of your individual assignment to
Assignment DropBox located on Level 5 in Building 8 (Dr. Chau Chak Wing Building). Details
on the specific Assignment DropBox shall be announced on UTSOnline later.
Electronic Submission: Please submit your assignment to “Individual Assignment” in
UTSOnline.
Late submission penalties
It is your responsibility to ensure the assignment is submitted by the due date. Assignments submitted after
the due date are graded, but also attract a penalty. For each business day, or part of a business day the case
study is late, 20% of the maximum mark is deducted. Assignments submitted five business days after the
due date will receive a mark of zero.
25575 Investment Banking UTS Business School 代写