Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions
| Author | : | |
| Rating | : | 4.88 (541 Votes) |
| Asin | : | 1118656210 |
| Format Type | : | paperback |
| Number of Pages | : | 456 Pages |
| Publish Date | : | 2015-10-04 |
| Language | : | English |
DESCRIPTION:
More to Explore: Investment Banking Resources
They also provide a comprehensive overview of the fundamentals of LBOs and an organized M&A sale process, as well as merger consequences analysis.In the aftermath of the subprime mortgage crisis and ensuing credit crunch, the world of finance is returning to the fundamentals of valuation and critical due diligence for M&A, capital markets, and investment opportunities This involves the use of more realistic assumptions governing approach to risk as well as a wide range of value drivers. Due to the fast-paced nature of this world, however, no one has been able to take the time to properly codify the lifeblood of the corporate financier's work--namely, valuation. As a result, Rosenbaum and Pearl have updated the widely adopted first edition of their book with respect to both technical valuation fundamentals as well as practical judgment skills and perspective. These methodologies are used to determine valuation for public and private companies within the context of M&A transactions, LBOs, IPOs, restructurings, and investment decisions. While valuation has always involved a great deal of "art" in addition to time-tested "science," the artistry is perpetually evolving in accordance with market developments and conditions. In this book, they highlight several datasets and investment banking tools from Bloomberg, a leading provider of business and financial data, news, research, and analytics.. The authors have also added a comprehensive and h
Makes IB seem simple! Still have some of the book left, but all-in-all a fantastic book. Phenomenal case studies, great structure, great explaining, and great use of figures. I'm like a little kid in the sense that colors still draw me in, and all of the formulas, exhibits, figures, and notes have colors splashed all over, so please, let's not just sit here and pretend that's not fun. Also, there is certainly no shortage of numbers to play with, but if you want to do the practice problems, you need the instructor's solution manual.The books is broken into 3 part. Great practical textbook for valuation and financial modeling Amazon Customer As a first book on finance I would imagine this book would be a bit much. As someone with prior exposure and wanting both a good thorough review and deep dive on the basics - enterprise value, working capital, comparables, precedent transactions, DCFs, and LBOs it was perfect.Initially I had planned to read this twice - once for an overview and then a second time taking notes to prep for some upcoming interviews. However, the way the authors organized and presented the material made the second reading and extensive note taking largely unnec. "Excellent work!" according to Amazon Customer. In my early Excellent work! 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 d. 0s 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 d