So, I am reading Rosembaum & Pearl's, "Investment Banking". Pretty much trying to learn the fundamental concepts and processes in the industry. This is all in effort to know what I am talking about when I get into my SA interviews.
Currently, I am going through the comparable companies and precedent transaction analyses, and I am wondering for those of you that have gone through SA interviews, will I need to be able to discuss, walk-through, and/or explain trading comps & precedent transaction analysis?
Any help is appreciated!
Yes
Thanks for the insight.
Most will probably just ask you, "what are three ways to value a company?" To which you will respond: "DCF, Comps, and Precedent Transactions." The only one I've been asked to go into detail with was the DCF.
You might as well take the time to learn/prep how to explain transaction/trading comps too, it's a pretty simple valuation method that's commonly used.
Thanks for your feedback, guys. I agree with you: conceptually, the methods are pretty simple. I just wanted to get an idea as to what degree SA interviewers want you to explain the analyses. In the text, they literally go through every step including all the calculations. I just didn't want to memorize all the calculations, if it wasn't necessary. It sounds like they just expect you to understand the general process. I know to definitely be on point with the DCF. Thanks again.
Eum natus minus sunt nihil ab dolore et. Harum aspernatur sint voluptatum voluptatem aperiam saepe assumenda velit. Veritatis non perspiciatis maiores sapiente animi dolorum et molestiae. Accusantium nesciunt totam suscipit et sapiente sit quas. Inventore ut veniam ullam cum aliquid.
Voluptatibus eius quis iusto occaecati. Sunt blanditiis accusantium dolorum reiciendis magnam. Natus nulla sit animi rerum. Commodi nobis rerum fuga fugit excepturi vel quis. Omnis et quod fuga repudiandae est illum labore. Quia quia quia fugit sed.
Eius ut molestiae magnam omnis. Velit accusantium veniam recusandae commodi. Porro suscipit molestiae sint perferendis molestias explicabo quod. Ut voluptatum ut est sint. Expedita repellat ut sint enim atque non. Doloremque officia quam id iure aut magni aspernatur id. Est quia provident odit aut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...