Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions Second Edition is a highly accessible and authoritative book written by investment bankers that explains how to perform the valuation work at the core of the financial world. This book fills a noticeable gap in contemporary finance literature, which tends to focus on theory rather than practical application.
The genesis for this book stemmed from our personal experiences as students seeking to break into Wall Street. As we both independently went through the rigorous process of interviewing for associate and analyst positions at investment banks and other financial firms, we realized that our classroom experience was a step removed from how valuation and financial analysis are performed in real-world situations. This was particularly evident during the technical portion of the interviews, which is often the differentiator for recruiters trying to select among hundreds of qualified candidates. (Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions 2nd Edition; Joshua Rosenbaum, Joshua Pearl, Joseph R. Perella, Joshua Harris; Wiley ; PReface: Page xvii)