The ideal companion to Investment Banking Investment Banking WORKBOOK is the ideal complement to Investment Banking: Valuation, LBOs, M&A, and IPOs, Third Edition-enabling you to truly master and refine the core skills at the center of the world of finance. This comprehensive study guide provides an invaluable opportunity to explore your understanding of the strategies and techniques covered in the main text before putting them to work in real-world situations. The WORKBOOK, which parallels the main book chapter by chapter, contains over 500 problem-solving exercises and multiple-choice questions. Topics reviewed include: - Valuation and its various forms of analysis, including comparable companies, precedent transactions, and DCF analysis -Leveraged buyouts-from the fundamentals of LBO economics and structure to detailed modeling and valuation -M&A sell-side tools and techniques, including an overview of an organized M&A sale process -M&A buy-side strategy and analysis, including a comprehensive merger consequences analysis that includes accretion/dilution and balance sheet effects -IPOs, including valuation, structure, and process, as well as SPACs and direct listings The lessons found within will help you successfully navigate the dynamic world of investment banking, LBOs, M&A, IPOs, and professional investing. Investment Banking WORKBOOK will enable you to take your learning to the next level in terms of understanding and applying the critical financial tools necessary to be an effective finance professional.

Investment Banking Praise for Investment Banking, UNIVERSITY EDITION "This book will surely become an indispensable guide to the art of buyout and M&A valuation, for the experienced investment practitioner as well as for the non-professional seeking to learn the mysteries of valuation." --David M. Rubenstein, Co-Founder and Co-Executive Chairman, The Carlyle Group Host, The David Rubenstein Show: Peer to Peer Conversations "The two Joshes present corporate finance in a broad, yet detailed framework for understanding valuation, balance sheets, and business combinations. As such, their book is an essential resource for understanding complex businesses and capital structures whether you are on the buy-side or sell-side." --Mitchell R. Julis, Co-Chairman and Co-CEO, Canyon Partners, LLC "Investment Banking provides a highly practical and relevant guide to the valuation analysis at the core of investment banking, private equity, and corporate finance. Mastery of these essential skills is fundamental for any role in transaction-related finance. This book will become a fixture on every finance professional's bookshelf." --Thomas H. Lee, President, Lee Equity Partners, LLC Founder, Thomas H. Lee Capital Management, LLC "As a pioneer in public equities, Nasdaq is excited to be partnering with Rosenbaum and Pearl on Investment Banking as they break new ground on content related to IPOs, direct listings, and SPACs. We recommend the book for any shareholder and senior executive looking to take a company public, as well as their bankers and lawyers." --Adena Friedman, President and CEO, Nasdaq "Investment Banking requires a skill set that combines both art and science. While numerous textbooks provide students with the core principles of financial economics, the rich institutional considerations that are essential on Wall Street are not well documented. This book represents an important step in filling this gap." --Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School Co-author, Venture Capital and Private Equity: A Casebook "Valuation is the key to any transaction. Investment Banking provides specific step-by-step valuation procedures for LBO and M&A transactions, with lots of diagrams and numerical examples." --Roger G. Ibbotson, Professor in the Practice of Finance, Yale School of Management Chairman and CIO, Zebra Capital Management, LLC Founder, Ibbotson Associates "Investment Banking provides fresh insight and perspective to valuation analysis, the basis for every great trade and winning deal on Wall Street. The book is written from the perspective of practitioners, setting it apart from other texts." --Gregory Zuckerman, Special Writer, The Wall Street Journal Author, The Greatest Trade Ever, The Frackers, and The Man Who Solved the Market Also available from the authors: Investment Banking WORKBOOK Investment Banking FOCUS NOTES Investment Banking ONLINE COURSE www.efficientlearning.com/investment-banking

"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 StreetUses a step-by-step how-to approach for each methodology and builds a chronological knowledge baseDefines key terms, financial concepts, and processes throughoutProvides a comprehensive overview of the fundamentals of LBOs and an organized M&A sale processPresents 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 toolsIncludes a comprehensive merger consequences analysis, including accretion/(dilution) and balance sheet effectsContains 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.

5 Investment Banking Models to Master Valuation Principles Investment Banking, Second Edition is the most widely used reference guide in investment banking. Investment Banking Valuation Models CD-ROM includes world-class valuation and transaction models to complement this global best-selling guide in investment banking. Five valuation model templates along with completed versions are accessible with this CD-ROM. Each model comes complete with a user's guide. The models include: * Comparable Companies Analysis * Precedent Transactions Analysis * Discounted Cash Flow Analysis * Leveraged Buyout Analysis * Merger Consequences Analysis

Almost half a century after graduating medical school, Dr. Louis J. Rosenbaum examines the state of American medicine prior to the enactment of Obama-care. He examines the decline of morality and standards in our culture as well as relevant federal regulations, court decisions, tort law, and media bias, and he describes their adverse impacts upon physicians and patients. He explains how the current focus on controlling costs eclipses consideration of ill-conceived governmental policies. He notes that the free-market American health-care system minimizes delays in providing necessary treatments and achieves cancer survival rates superior to those of countries with socialized medicine. He documents universities' failure to teach medical students and doctors to control costs by evaluating the benefits and risks of possible treatments. His pragmatic suggestions are based on forty years of practicing, teaching, and conducting research.

When a DEA raids Jake Grummond's dairy in early hours of an August morning, they find no drugs, but they destroy the dairy. In the process the government agents turn Jake's wife Mary Margaret into a basket case. With little help from the government and less from the legal system, Jake takes on the hunt for justice and tries to unravel the reason for the raid.

This volume engages a fundamental disciplinary question about this period in American history: how did the bourgeoisie consolidate their power and fashion themselves not simply as economic leaders but as cultural innovators and arbiters? It also explains how culture helped Americans form both a sense of shared identity and a sense of difference.

Bank rob bers run a roadblock, killing the sheriff of a high country county and severely wounding a deputy, the disappear into the mountain snow. What begins in mid-January as a straightforward search for two crooks by lat May becomes a tangle of people and motives as former sheriff turned ocnsultant to the staste Bureau of Investigation C. W. Blakenship unrevels a snarl of embezzlement, drugs and murder that climaxes with a forest fire and a dynamite-laden confrontation.

"Nowhere in the world did a bourgeoisie emerge as influential as that in the nineteenth-century United States. This group of upper class men and women combined familiar forms of economic might and political power with new forms of cultural clout, creating institutional structures, architectural designs, and aesthetic models that continue to shape our lives today, from the foodstuffs we fancy to the art collections we admire. How bourgeois Americans established a dominant class culture and forged a common cultural vocabulary is the subject of this volume"--