How useful is Pearl and Rosenbaum's Investment Banking book when preparing for interviews?

okay24's picture
Rank: Gorilla | 579

Would I be better off sticking to more concentrated stuff (read: guides), or would it be worthwhile to go through the book?

The interviews would be for FT in September/October

I need to nail the technicals

Comments (15)

Jul 14, 2011

Definitely worthwhile, although the detail they go into is quite in depth but that's not a bad thing.

Jul 14, 2011

I feel that Rosenbaum and Pearl goes well beyond the tech questions in FT recruiting. Even then, it's a great resource for understanding the ideas that go behind valuation. If you read the guides, you'll know how to answer a DCF question, but if you read R&P, then you can answer questions about when it might be useful to use a DCF over a comparables analysis. It all comes down to the level of detail you want to know. Hope that helped.

Best Response
Jul 14, 2011
Jul 14, 2011

This book is the reason I landed my job.

Jul 14, 2011
dublin:

This book is the reason I landed my job.

How so?

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Jul 14, 2011
okay24:
dublin:

This book is the reason I landed my job.

How so?

Book took me from 0 valuation knowledge to a high level that let me land the first job I interviewed for.

Jul 14, 2011

I'm reading the book right now, just finished part two. It's definitely worth it. If your interest in valuation goes beyond just acing interviews, then you might also want to look up Aswath Damodaran of NYU. You can find all your lectures for his MBA course on valuation online.

Jul 15, 2011

highly recommend this book.

I have to return some video tapes.

Jul 15, 2011

Any other recommendations?

I banana back

Jul 16, 2011

DittO

Jul 16, 2011

Rosenbaum covers the accounting/valuation part of any technical guide and gives you great info on how you should think of valuation.
However, I would definitely recommend the WSO Technical and Behavioral guides. If you've got these two + Rosenbaum, there's no way you can screw up interviews!

Jul 16, 2011

Rosenbaum will give you all the background info and be more in-depth than the guides. However, the guides are still valuable because they give you an understanding how questions will be asked etc.

Jul 16, 2011

the one thing Rosenbaum doesn't really cover is merger models+accretion/dilution.

Jul 16, 2011
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