46 Comments
 

I read this as a sophomore and it was quite helpful in understanding investment banks and which division most interested me:

http://www.amazon.com/Investment-Banking-Explained-Insiders-Industry/dp…

This one is the standard recommendation for learning valuation/modeling:

http://www.amazon.com/Investment-Banking-Valuation-Leveraged-Acquisitio…

Some more enjoyable reading around finance and investment banking: Liar's Poker Barbarians at the Gate Predator's Ball Street Freak Monkey Business The Big Short Too Big to Fail

 

You should use the search but here's a couple that don't make many of those lists: The Quants Trend Following The Way of the Turtle

All a little quirky but good reads.

 

Do a search for "books" and READ through the posts.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

read david rosenberg's daily newsletter not a book but over time it will give you a much better idea of what is going on than the wsj, which gives it to you in bits and pieces

 

Love the Gartman letter and Breakfast/Lunch/Whatever with Dave.

People like Coldplay and voted for the Nazis, you can't trust people Jeremy
 

Aswath Damodaran's Investment Valuation is very good. It helps to know general finance first or have read and comprehended the Vault guide at the very least. It is not that tough of a read and he does a great job of explaining some intricacies in valuation. His website is also great. I'm a little biased though.

 

Check out the links.

http://www.wallstreetoasis.com/forums/rate-em-best-books-on-ib-ma-corpo…

The poster in this thread mentioned a book called ScoopBooks - The Practitioner's Guide to Investment Banking & Mergers & Acquisitions. Does anyone know: is this book commonly handed out to incoming analysts?

http://www.wallstreetoasis.com/forums/ma-books

http://www.scoopbooks.com/ourbooks_2.php

 

[quote=F9 - Update]Check out the links.

//www.wallstreetoasis.com/forums/rate-em-best-books-on-ib-ma-corporate-fi…

The poster in this thread mentioned a book called ScoopBooks - The Practitioner's Guide to Investment Banking & Mergers & Acquisitions. Does anyone know: is this book commonly handed out to incoming analysts?

//www.wallstreetoasis.com/forums/ma-books

http://www.scoopbooks.com/ourbooks_2.php[/quote]

This book is probably the best book on Investment banking by far. It is written by a couple of people that worked for JP Morgan, and the book is very comprehensive. I am on the Chapter where it gets in to how to do a lbo model. I highly recommend the book, and it says practioner's guide for a reason(It is written by practitioners.) The book is very well written, and from it, you will get a list of some more great books to get into. I have have ordered 2 books that they recommended in the appendix.

Its kind of expensive, but definitely worth the investment

 

Seconding Wiley - most of the finance section of my library are Wiley publications.

Those who can, do. Those who can't, post threads about how to do it on WSO.
 

Minus dolores rerum nesciunt ut exercitationem est. Consectetur fugiat aut reiciendis est odit eligendi. Saepe libero possimus atque reiciendis expedita. Beatae voluptas voluptas veniam laudantium atque. Rerum dolorum aspernatur provident id est voluptatem. Voluptatem enim unde iusto repellat dolore.

Dolores quia nihil molestias mollitia saepe eos. Et ut facilis cupiditate ut aut est dolore est. Aut possimus eaque est nam voluptatem voluptatem. Eligendi ut amet voluptas vero natus repellendus.

Molestiae ullam molestiae voluptatem quidem dignissimos sunt. Sed quo cupiditate quia neque accusamus tempore quae. Rerum delectus dolorem quia laboriosam ipsa hic possimus.

Suscipit delectus qui ea tempore. Qui excepturi ad repudiandae aut asperiores odio ea. Eum sed quaerat voluptas unde odit possimus.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (77) $151
  • Intern/Summer Analyst (71) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”