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

Description

A timely update to the global best-selling book on investment banking and valuation 

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 has been able to take the time to properly codify the lifeblood of the corporate financier s work--namely, valuation. Rosenbaum and Pearl have responded to this need by writing the book that they wish had existed when they were trying to break into Wall Street.

Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions, Second Edition is a highly accessible and authoritative book that focuses on the primary valuation methodologies currently used on Wall Street--comparable companies, precedent transactions, DCF, and LBO analysis--as well as M&A analysis. 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. 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. 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. 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. 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. The authors have also added a comprehensive and highly technical chapter on buy-side M&A analysis.

Furthermore, the authors address the importance of rigorous analysis based on trusted and attributable data sources. 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.

More to Explore: Investment Banking Resources

Title Investment Banking Investment Banking + Valuation Models Investment Banking, University Edition   Guide Type Professional Reference Reference with Downloadable Models Student Edition   Audience Level Professional Professional Student/Professor   Pages 400 400 400   List Price $95.00 $175.00 $85.00   Author(s) Rosenbaum and Pearl Rosenbaum and Pearl Rosenbaum and Pearl   Publication Date May 2013 May 2013 May 2013   Publisher Wiley Wiley Wiley   ISBN 1118656210 111828125X 1118472209   Edition 2 2 2   Brief Description #1 guide to investment banking and valuation models. Top guide to investment banking, plus five downloadable valuation models. Paperback edition for students and professors that includes end-of-chapter questions and other learning tools.