How to Be an Investment Banker (eBook)
448 Seiten
John Wiley & Sons (Verlag)
978-1-118-49436-3 (ISBN)
For undergraduates and MBA students, this book offers the perfect preparation for the demanding and rigorous investment banking recruitment process. It features an overview of investment banking and careers in the field, followed by chapters on the core accounting and finance skills that make up the necessary framework for success as a junior investment banker. The book then moves on to address the kind of specific technical interview and recruiting questions that students will encounter in the job search process, making this the ideal resource for anyone who wants to enter the field.
* The ideal test prep resource for undergraduates and MBA students trying to break into investment banking
* Based on author Andrew Gutmann's proprietary 24 to 30-hour course
* Features powerful learning tools, including sample interview questions and answers and online resources
For anyone who wants to break into investment banking, How to Be an Investment Banker is the perfect career-making guide.
ANDREW GUTMANN is the creator of www.ibankingfaq.com, one of the most widely visited websites focused on the topic of investment banking. He has developed and taught finance and investment banking classes for a number of institutions, including the Institute for Finance, the firm that he founded. For the past five years, he has also been a career coach at Columbia Business School, where he advises and mentors MBA students interested in investment banking careers. Andrew is a former investment banker who has executed M&A and restructuring transactions for clients across a number of sectors. Andrew lives with his wife and daughter in New York City.
Introduction xi
Overview of the Book xii
Who is the Book For? xiii
Structure of the Book xiii
Acknowledgments xix
Chapter 1 Introduction to Investment Banking 1
Overview of an Investment Bank 2
Overview of Investment Banking 7
The Life of an Investment Banker 22
Frequently Asked Questions 47
Chapter 2 Accounting Overview 55
Introduction to Accounting 56
The Income Statement 58
The Balance Sheet 69
The Statement of Cash Flows 83
Integrating the Three Financial Statements 88
End-of-Chapter Questions 99
Chapter 3 Finance Overview 101
The Financial System 102
Principles of Finance 107
Introduction to Corporate Finance 114
Valuing Securities 130
End-of-Chapter Questions 145
Chapter 4 Financial Statement Analysis 147
Sources of Financial Information 148
Financial Statement Analysis 158
Analyzing Different Time Periods 169
"Normalizing" the Financials 174
End-of-Chapter Questions 177
Chapter 5 Valuation 179
Introduction to Valuation 180
Comparable Company Methodology 194
Precedent Transaction Methodology 210
Discounted Cash Flow (DCF) Analysis 219
Valuation Conclusions 238
End-of-Chapter Questions 245
Chapter 6 Financial Modeling 247
Overview of an Integrated Cash Flow Model 248
Building an Integrated Cash Flow Model 262
End-of-Chapter Questions 292
Chapter 7 Mergers and Acquisitions 293
M&A Overview 293
The M&A Process 302
M&A Analysis 310
End-of-Chapter Questions 322
Chapter 8 Leveraged Buyouts 323
Overview of LBOs 324
LBO Modeling 331
LBO Conclusions: Do We Do the Deal? 347
End-of-Chapter Questions 348
Chapter 9 Recruiting, Interviewing, and Landing the Job 349
What are Investment Banks Looking For? 350
The Recruiting Process 354
Resumes and Cover Letters 360
Networking and Informational Interviews 368
Interviewing 375
Receiving an Offer and Being a Banker 398
Conclusions 403
Further Reading 405
About the Author 407
About the Website 409
Index 411
Erscheint lt. Verlag | 26.3.2013 |
---|---|
Reihe/Serie | Wiley Finance Editions | Wiley Finance Editions |
Sprache | englisch |
Themenwelt | Recht / Steuern ► Wirtschaftsrecht |
Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre | |
Schlagworte | Finance & Investments • Finanz- u. Anlagewesen • Finanzwesen |
ISBN-10 | 1-118-49436-9 / 1118494369 |
ISBN-13 | 978-1-118-49436-3 / 9781118494363 |
Haben Sie eine Frage zum Produkt? |
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