Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions (Wiley Finance)

Adrost's picture
Rank: Monkey | 58

Been around here for a while but haven't made any posts yet; finally made the decision to reach out to the WSO community for some advice.

I am coming from a non-target school with a dual major in accounting and finance with a high GPA. I am looking to increase my understanding of Investment Banking to potentially increase my marketability for positions. I have chosen to purchase "Investment Banking: Valuation, Leveraged Buyouts, and Mergers & Acquisitions (Wiley Finance)" the 2nd edition by Rosenbaum.

I would like to know if anyone has experience with this text and has any good tips to get the most out of studying this resource. I was also looking for some of the models or any advice on creating my own to work through it.

Thanks in advance for your support.

Comments (37)

Jul 22, 2013

When I was a freshman with 0 finance experience I bought the first edition, read it cover to cover a few times, downloaded the models, built them out for a public company that just announced an acquisition, and checked to see if my valuation was close to the value of the acquisition (it was close enough).

I thought it was very helpful, but you need to actually do the valuation to get it. Just reading the book won't give you much practical info so download the models and build them a few times.

Then, when ready, build each of the models from scratch in excel.

May 19, 2014

Could you please share the templates with us. Thanks.

May 24, 2015

could you please share the templates?

Jul 22, 2013

Do you need the book to build the models out? ie. does it walk you through book examples? Or are they just general templates to use with any co?

Jul 23, 2013

I found the book very helpful once I already had a general understanding of accounting and how models worked. I don't think I would have found it that helpful if I had used the book with 0 knowledge of accounting principles.

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 23, 2013

Any ideas where to get the models without having to pay for them? Also, and good site with case studies in which these models could be applied?

May 24, 2015

what is the address of the group? Also, did you manage to create the templates?

Jul 23, 2013
Adrost:

Any ideas where to get the models without having to pay for them? Also, and good site with case studies in which these models could be applied?

Also interested

Jul 23, 2013

Mergers and Inquisitions has a whole series of modeling tutorials they send you for free. Not sure how helpful they are, I've only ever skimmed them myself.

Nov 30, 2013

Did anyone find a spot for these sample models? I've recently purchased the book as a refresher course and the model access code was not included.

Nov 30, 2013

Great book.

Nov 30, 2013

Great book. This is how I got started learning about investment banking, and this is what ultimately led to my offer.

Nov 30, 2013

It's OK, but I think overrated.

The Scoopbooks Practitioners Guide is far superior and much more readable.

Nov 30, 2013

I think Valuation by the folks at McKinsey is better. Much better at explains the why and how in regards to to value.

Nov 30, 2013

Great book. Josh Rosenbaum is the man.

Sep 20, 2014

Does anyone still have the templates?

Oct 2, 2014

Thanks for the suggestion!

Mar 29, 2016

Does anyone have access to the templates that they could share? please

Mar 29, 2016

Buy the book, templates come along with them. If you're worried about the price go find free templates online. The templates in this book are pretty good hence why they are not free. The things you will learn and, if leveraged properly, the job you get in banking will give you a return that far outweighs the cost of the book. Can't always expect freebies in life.

Mar 29, 2016

I bought the book, however, being the idiot that I am I did not buy the version that comes with the models. I Initially did not know that there was a version of the book without the models too. But thanks for the advice

Mar 29, 2016

I don't have the actual templates but i happen to have built the DCF & lbo model while reading the Rosenbaum using his instructions
https://drive.google.com/open?id=0B3ppnqp_1wPkOXBm... it's the first model i ever built so be careful !

Apr 12, 2016

thanks

Apr 4, 2018

Link doesn't work :(((

Mar 29, 2016

You can find all the models online. Google around for them.

Apr 15, 2016

Any links you can provide would be helpful.. thanks in advance

Apr 15, 2016

very interested topic. thanks for sharing it.

Mega International Bank Co., Ltd. | Global Brand Magazine Award Winner 2016

Apr 15, 2016

No I even don't heard about this book...

Jun 15, 2017

Could you please send me the Templates and Completed Models. Would be a great help

shajithebraveheart[at]gmail[dot]com

Jun 16, 2017

To download the models : google -> write "Macabus DCF models" -> Click on the first link -> Enjoy

Jul 19, 2017

Hi Guys, If someone could PM me the models, it would be great. Thanks!

Oct 23, 2017

I would also be very grateful for the templates from the book. Thanks.

Oct 23, 2017

Anyone know if the Amazon version comes with models? I don't see it anywhere..

Edit: Nvm, looks like instructors manual has the solutions

Apr 4, 2018

The Rosenbaum and Pearl book? Great starting point. Get the fundamentals from that, then go to BIWS for the excel / more practical application.

Apr 4, 2018
Comment

"Look, you're my best friend, so don't take this the wrong way. In twenty years, if you're still livin' here, comin' over to my house to watch the Patriots games, still workin' construction, I'll fuckin' kill you. That's not a threat, that's a fact.