About Investment Banking Book in , New Delhi

Building on the best-selling tradition of previous editions and thoroughly revised to reflect business conditions in today′s volatile global economy, Investment Banking, Fifth Edition, offers a wealth of practical and fundamental information that will build and enhance your understanding of this discipline.

Like any of its previous four editions, the fifth edition of the Investment Banking book, assumes no previous knowledge of finance or accounting concepts or investment banking and is written in an accessible style. Each topic is introduced carefully and there is a gradual building of knowledge.

Valuation lies at the crossroads of corporate strategy and finance. Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. Investment Banking, Fifth Edition, is a highly accessible and authoritative book that focuses on the three most commonly used valuation techniques across the globe in deals involving mergers, acquisitions, private-equity, restructuring, IPOs and investment decisions - comparable companies, precedent transactions, DCF. This book explains the valuation techniques in language that any investors can understand. Page by page, the author distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Using a step-by-step how-to approach for each methodology, the author builds a chronological knowledge base and define key terms, financial concepts, and processes throughout the book.

And before it takes you the world of valuation, the book distills the fundamentals of three financial statements – income statement, balance sheet and cash flow statement and helps you build and strengthen the finance foundations. The book contains important case studies regarding analysing the financial performance of a company and rearranging/sanitising the financial statements of the company to have a closer look at the real performance. Analysts do not need to be accountants – however, they must have an excellent command of the numbers that are reported in financial statements. Ultimately, it all stands to basic fundamentals before you can analyse a company and can tell what’s the worth of a company.

So whether you are new to the investment banking industry, hoping to start your career in investment banking profession or just looking to brush up on your knowledge or in the business of providing trainings on financial modelling and valuation, I am sure that this book will help sharpen your skills.


Contents of 5th Edition:

Chapter 1: Investment Banking – An Introduction
Chapter 2: Financial Statements DNA
Chapter 3: Income Statement
Chapter 4: Balance Sheet
Chapter 5: Cash Flow Statement
Chapter 6: Financial Statements Construction
Chapter 7: M&A Transactions Accounting
Chapter 8: Financial Statements Sanitization
Chapter 9: Analysing The Financial Statements
Chapter 10: Return on Capital
Chapter 11: Time Value of Money
Chapter 12: Valuation Overview
Chapter 13: Enterprise Value
Chapter 14: Comparable Company Analysis
Chapter 15: Comparable Deal Analysis
Chapter 16: Discounted Cash Flows Analysis (DCF)
Chapter 17: Mergers and Acquisitions

Addendum - Excel Shortcuts and Bloomberg Functions