The author talks at length about the need for capital and ways of sourcing capital along with details of recent transactions in a structured manner. Recent incarnations of the investment banking world include Goldman Sachs, JP Morgan, Bank of America, and Deutsche Bank. With endorsements from Barron’s, The Wall Street Journal, the Chicago Tribune and Money Magazine, the book tackles the investment world from the perspective of the efficient market theory. It also discusses the concept of value in the context of a company and elaborates on the standard valuation techniques employed by professionals. They take in deposits from consumers and businesses, and then lend out the money to companies or consumers. Investment banking is a division of financial corporations that deal with the creation of new debt and security instruments, underwriting IPO processes, merge or acquire companies and help high net worth individuals and banks to facilitate high-value investments. The author explains the basics of investment banking and various job roles in an easy-to-understand manner apart from what any prospective employer looks for in a candidate. Here we discuss the list of top 12 Investment Banking Books along with its review and best takeaways. If you have 1 hour to learn what investment banking is about, what bankers do and what your investment banking internship salary will be, then this is the resource for you. This work represents the gold standard in terms of a textbook manual on intricate aspects of investment banking with a thorough technical outlook. What is a Commercial Bank 3. Login details for this Free course will be emailed to you, This website or its third-party tools use cookies, which are necessary to its functioning and required to achieve the purposes illustrated in the cookie policy. Buffet, who also wrote the forward, is quoted on the back cover calling it, “a roadmap for investing that I have now been following for 57 years.” Mastery of these essential skills is fundamental for any role in transaction-related finance. Readers will learn how to write an effective resume and cover letter, find useful recruitment advice and tips to prepare for a high profile investment banking job interview. Comment Report abuse. A must for finance professionals, as well as others interested in acquiring an in-depth technical knowledge of investment banking and valuation analysis. So, from investing in your 401k to retirement, this is a great primer. He touches on a variety of subjects and concepts, including debt, asset allocations, financial independence, the 4% rule, bear markets, and so much more. This knowledge will help empower you. Find best investment banking certifications for beginners that may include projects, practice exercises, quizzes and tests, video lectures, examples, certificate and advanced your investment banking level. Whether you’re interested in learning about bonds, IPOs, creating financial models, accounting, or preparing for a career in investment banking, Udemy has a course to help you reach your goals. The oldest investment bank in the world, Berenbeg Bank, began in 1590 in Hamburg, Germany. Based on the body of knowledge of the Certified M&A Advisor (CM&AA) Program, this book offers information on every conceivable aspect of M&A deals, divestitures, and strategic transactions. You may also want to have a look at some of the best courses for Bankers available online. Best investing books for beginners Winning the Loser’s Game Now in its seventh edition, Winning the Loser’s Game is a personal finance must-read. This book will become a fixture on every finance professional's bookshelf. It's easy to read and understand, making it user-friendly for the new investor who wants to avoid complicated investing jargon. She holds an MBA from Harvard and spent many years working in investment banking in JP Morgan’s M&A department. The book is divided into four major sections dealing respectively, with the basics of investment banking, international capital markets, trading and risk management, and lastly, special topics that include the latest securities regulations, ethics, and major market trends. Most investing books for beginners will focus on the experience of the individual; what do you need to buy, where do you buy it, and how long do you hold it for. Author Joel Greenblatt also explains his simple-but-proven theory of stock market investing, which focuses on buying above-average companies at below-average prices. Acquisition accounting 2. 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