book

Investment Banking For Dummies, 2nd Edition

by Matthew Krantz, Robert R. Johnson

July 2020

Beginner

400 pages

11h 12m

English

For Dummies

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About This BookFoolish AssumptionsIcons Used in This BookBeyond the BookWhere to Go from Here
What Investment Banking IsHow Investment Banking Is DoneTurning Into an Investment Banking ProPutting Investment Banking to Work
Putting the For-Sale Sign on Corporate AmericaHelping Investors Decide Whether to Buy or SellDigging Into the Role of the Trading Desk
Getting Companies Ready for Sale on Public MarketsSeeing What Sell-Side Analysts DoExamining a Sample Research Report
Come Here Often? The Basics of Mergers and AcquisitionsTools Used to Analyze the M&A DealWhy Many M&A Deals Go Wrong
In This Corner: Introducing the PlayersAiming for the Right Targets in a Leveraged BuyoutFinding the Exit
Finding What You Need on the Securities and Exchange Commission’s WebsiteGetting Data in a Format You Can Work WithPaying Attention to the Non-Financial Information

Income StatementsBalance SheetsStatement of Cash FlowsProxy Statements
Valuation Multiples: Assessing How Much the Company Is WorthLiquidity Multiples: Checking Companies’ Staying PowerProfitability Ratios: Seeing How a Company’s Bottom Line Measures UpEfficiency Ratios: Knowing How Well the Company Is Using Investors’ Money
Performing an Industry AnalysisUnearthing Company Trends and Common sizing the Financial StatementsHow a Company Stacks Up: Comparing the Key Ratios
Introducing StockFinding Past TransactionsAnalyzing Past Transactions
Introducing BondsIdentifying the Various Types of BondsKnowing Their Place: The Position of BondholdersUnderstanding Bond PricingTracking the Bond MarketDebt or Equity: How a Company Chooses
Gearing Up for Discounted Free Cash FlowCalculating the Weighted Average Cost of CapitalGoing for Terminal ValueValuing a Share of Stock
Seeing How Leveraged Buyouts Are StructuredBuilding a Leveraged Buyout Model
Understanding the Importance of Return on EquityUsing a DuPont AnalysisInterpreting the Results
The History of Regulation of Investment BankingThe Ins and Outs of Modern Investment Banking RulesThe Rules on AnalystsWhy Simply Making Rules Isn’t Enough
Did You Really Sell That? When Companies Aggressively Report RevenueLucy, You Got Some ’Splainin’ to Do: When Companies Understate Their ExpensesMissed It by That Much: When Companies Overstate Their Financial PositionKeeping Investors Off-BalanceWhat Should an Investment Banker Do?
Knowing Your AlternativesDigging Into Asset ManagementManaging Potential Conflicts with Clients
Setting the SceneConsidering the OptionsCreating the AnalysisStructuring a DealSuccess or Failure
The Dot-Com Boom and BustTainted Research ScandalsEnron and the Accounting ScamsThe Mortgage Debacle and Collapse of LehmanThe Flash CrashThe London Whale at JPMorgan Chase and Barings BankLong-Term Capital ManagementBankruptcy in Jefferson County, AlabamaIPO Allocations with CSFBBad Mergers and Acquisitions Like AOL Time Warner
Financial Analysis Isn’t PhysicsShow Your Sensitive SideMonte Carlo Isn’t Just for High RollersWhat Can Go Wrong Will Go WrongIt’s Tough to Make Predictions, Especially about the FutureThe Investor of Today Doesn’t Profit from Yesterday’s GrowthGarbage In, Garbage OutRates Are Falling — It’s a Better Deal!Read Your Putt from Several AnglesThe Weighting Is the Hardest Part
BloombergReutersStandard & Poor’sRenaissance Capital and IPOScoop.comThe Securities and Exchange CommissionMoody’sMarketSmithIndex Fund AdvisorsMorningstarBureau of Labor StatisticsDepartment of CommerceFederal ReserveTrefis
The Roots of Investment BankingBanking Catches On in the United States

Overview

Get started in investment banking
Ace your investment bank course
Navigate bull and bear markets

Excel in the world of investment banking

One of the most lucrative fields in business, investment banking frequently perplexes even banking professionals working within its complex laws. Investment Banking For Dummies remedies common misconceptions with a straightforward assessment of banking fundamentals. This book tracks to typical university courses on the subject and helps students and professionals understand the fundamentals of investment banking. With new and updated content, this edition addresses the major financial changes that have occurred in recent years.

Inside...