Valuation, Leveraged Buyouts, and Mergers and Acquisitions

Investment Banking, UNIVERSITY 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 body of work builds on Rosenbaum and
Pearl?s combined 30+ years of experience on a multitude of
transactions, as well as input received from numerous investment
bankers, investment professionals at private equity firms and hedge
funds, attorneys, corporate executives, peer authors, and
university professors.

This book fills a noticeable gap in contemporary finance
literature, which tends to focus on theory rather than practical
application. It 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. The ability to perform these methodologies is especially
critical for those students aspiring to gain full-time positions at
investment banks, private equity firms, or hedge funds. This is the
book Rosenbaum and Pearl wish had existed when we were trying to
break into Wall Street.

Written to reflect today?s dynamic market conditions,
Investment Banking, UNIVERSITY EDITION
skillfully: 

• Introduces students to the primary valuation methodologies
  currently used on Wall Street


• Uses a step-by-step how-to approach for each methodology and
  builds a chronological knowledge base


• Defines key terms, financial concepts, and processes
  throughout


• Provides a comprehensive overview of the fundamentals of LBOs
  and an organized M&A sale process


• Presents new coverage of M&A buy-side analytical
  tools?which includes both qualitative aspects, such as buyer
  motivations and strategies, along with technical financial and
  valuation assessment tools


• Includes a comprehensive merger consequences analysis,
  including accretion/(dilution) and balance sheet effects


• Contains challenging end-of-chapter questions to reinforce
  concepts covered 

A perfect guide for those seeking to learn the fundamentals of
valuation, M&A , and corporate finance used in investment
banking and professional investing, this UNIVERSITY
EDITION?which includes an instructor?s
companion site?is an essential asset. It provides students
with an invaluable education as well as a much-needed edge for
gaining entry to the ultra-competitive world of professional
finance.