Investment Banking: Valuation, LBOs, M&A, and IPOs (3rd Edition)

October 31, 2020
Investment Banking: Valuation, LBOs, M&A, and IPOs (3rd Edition)

A timely update to the global bestselling book on investmentbanking and valuation – this new edition reflects valuablecontributions from Nasdaq and the global law firm Latham &Watkins LLP plus access to the online valuation models andcourse.In the constantly evolving world of finance, a solid technicalfoundation is an essential tool for success. Due to the fast-pacednature of this world, however, no one was able to take the time toproperly codify its lifeblood--namely, valuation and dealmaking.Rosenbaum and Pearl originally responded to this need in 2009 bywriting the first edition of the book that they wish had existedwhen they were trying to break into Wall Street.Investment Banking: Valuation, LBOs, M&A, and IPOs, 3rdEdition is a highly accessible and authoritative book written byinvestment bankers that explains how to perform the valuation workand financial analysis at the core of Wall Street – comparablecompanies, precedent transactions, DCF, LBO, M&A analysis...andnow IPO analytics and valuation. Using a step-by-step, how-toapproach for each methodology, the authors build a chronologicalknowledge base and define key terms, financial concepts, andprocesses throughout the book.The genesis for the original book stemmed from the authors'personal experiences as students interviewing for investmentbanking positions. As they both independently went through therigorous process, they realized that their classroom experienceswere a step removed from how valuation and financial analysis wereperformed in real-world situations. Consequently, they created thisbook to provide a leg up to those individuals seeking or beginningcareers on Wall Street – from students at undergraduateuniversities and graduate schools to "career changers" looking tobreak into finance.Now, over 10 years after the release of the first edition, thebook is more relevant and topical than ever. It is used in over 200universities globally and has become a go-to resource forinvestment banks, private equity, investment firms, andcorporations undertaking M&A transactions, LBOs, IPOs,restructurings, and investment decisions. While the fundamentalshaven't changed, the environment must adapt to changing marketdevelopments and conditions. As a result, Rosenbaum and Pearl haveupdated their widely adopted book accordingly, turning the latestedition of Investment Banking: Valuation, LBOs, M&A, and IPOsinto a unique and comprehensive training package, whichincludes:Two new chapters covering IPOs plus insightful contributionsfrom Nasdaq, the leading U.S. exchange and technology provider forIPOs and new listings, and global law firm Latham & WatkinsLLPAccess to six downloadable valuation model templates, includingComparable Companies Analysis, Precedent Transactions Analysis,Discounted Cash Flow Analysis, Leveraged Buyout Analysis, andM&A modelsSix-month access to online Wiley Investment Banking ValuationCourse featuring bite-sized lessons, over five hours of videolectures, 100+ practice questions, and other investment bankingstudy toolsLaunch your career on Wall Street and hone your financial expertisewith Rosenbaum and Pearl’s real-world knowledge and forward-lookingguidance in the latest edition of Investment Banking: Valuation,LBOs, M&A, and IPOs.