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. As a result, Rosenbaum and Pearl
have updated their widely adopted book accordingly, turning the latest
edition of Investment Banking: Valuation, LBOs, M&A, and IPOs into a
unique and comprehensive training package, which includes:
- Two new chapters covering IPOs plus insightful contributions from
Nasdaq, the leading U.S. exchange and technology provider for IPOs and
new listings, and global law firm Latham & Watkins LLP
- Access to six downloadable valuation model templates, including
Comparable Companies Analysis, Precedent Transactions Analysis,
Discounted Cash Flow Analysis, Leveraged Buyout Analysis, M&A
Analysis, and IPO Valuation
- Six-month access to online Wiley Investment Banking Valuation Course
featuring bite-sized lessons, over five hours of video lectures, 100+
practice questions, and other investment banking study tools
Launch your career on Wall Street and hone your financial expertise with
Rosenbaum and Pearl's real-world knowledge and forward-looking guidance
in the latest edition of Investment Banking: Valuation, LBOs, M&A, and
IPOs.