WILEY Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions

In my early 30s I decided to make a career on Wall Street, after having spent the previous decade as a political operative and entrepreneur. At the time I made the plunge I had no idea I was at a distinct disadvantage for never having gone through the analyst program at any of the major Wall Street firms. On top of that, I did not have an MBA and I did not take a single accounting or finance class as an undergraduate. Needless to say, I did not possess the skill set required to perform valuations - the life blood of finance and investment decisions. The first couple of years I stumbled around in the dark trying to build a career and figuring out the skills on my own that I needed to succeed. I often felt outmatched by bankers and analysts that had more experience.Therefore I was very fortunate when I discovered Messrs. Pearl and Rosenblaum's first edition of Investment Banking when it was first published. They had successfully codified in one volume the knowledge that has traditionally been passed down from senior-banker to junior-banker while on the job and under the pressure of getting the deal done. Their book went further than any other book I found in helping me establish the foundational skill sets that are necessary for closing the deal or making solid, defensible investment decisions. I have kept this book close by for reference and even used the recommended reading list in the appendix for my own self-directed advanced studies. Thanks to their work I have never felt outmatched when I am dealing with bankers and investors with years more experience than I have.In a continuing effort to "sharpen the saw", I was pleased to buy and read the 2nd edition of Investment Banking, along with the Focus Notes and Workbook. I have to say the 2nd edition is even better than the 1st. I whole-heartedly endorse using the book along with the Focus Notes and Workbook. Well done.-christopher

Needed New one

Un manual excelente para entender el análisis financiero de valoración de empresas y de operaciones de banca de inversión. Magnífico

Livre en bon état

I graduated from a top undergraduate finance program in Canada and found this book to be much more practical in the instruction of valuation methods (comps, precedent transactions, DCF) than any of my course texts. I initially bought with the intent of getting a quick start and use as a quick refresher as I prepare for IB positions - it certainly exceeded my expectations.The book is broken down into a very easy to understand style and step-by-step examples on valuation methods (including Bloomberg instructions to pull data). Highly recommend!