English | 2020 | PPT, PDF, WORD | 112 MB
Joshua Rosenbaum; Joshua Pearl, B09QHBT3ZZ, 1119706181, 1119706580, 1119706556, 9781119706557, 9781119706182, 9781119706588, 978-1119706557, 978-1119706182, 978-1119706588
A timely update to the global bestselling
book on investment banking and valuation – this new edition reflects
valuable contributions from Nasdaq and the global law firm Latham &
Watkins LLP plus access to the online valuation models and course.
In
the constantly evolving world of finance, a solid technical foundation
is an essential tool for success. Due to the fast-paced nature of this
world, however, no one was able to take the time to properly codify its
lifeblood--namely, valuation and dealmaking. Rosenbaum and Pearl
originally responded to this need in 2009 by writing the first edition
of the book that they wish had existed when they were trying to break
into Wall Street.
Investment Banking: Valuation, LBOs, M&A, and IPOs, 3rd Edition
is a highly accessible and authoritative book written by investment
bankers that explains how to perform the valuation work and financial
analysis at the core of Wall Street – comparable companies, precedent
transactions, DCF, LBO, M&A analysis...and now IPO analytics and
valuation. Using a step-by-step, how-to approach for each methodology,
the authors build a chronological knowledge base and define key terms,
financial concepts, and processes throughout the book.
The
genesis for the original book stemmed from the authors' personal
experiences as students interviewing for investment banking positions.
As they both independently went through the rigorous process, they
realized that their classroom experiences were a step removed from how
valuation and financial analysis were performed in real-world
situations. Consequently, they created this book to provide a leg up to
those individuals seeking or beginning careers on Wall Street – from
students at undergraduate universities and graduate schools to "career
changers" looking to break into finance.
Now, over 10 years
after the release of the first edition, the book is more relevant and
topical than ever. It is used in over 200 universities globally and has
become a go-to resource for investment banks, private equity, investment
firms, and corporations undertaking M&A transactions, LBOs, IPOs,
restructurings, and investment decisions. While the fundamentals haven't
changed, the environment must adapt to changing market developments and
conditions.