Investment Banking For Dummies (For Dummies Series)

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This is especially true for investment banking, where complex concepts and trends continuously evolve. So to succeed in this highly lucrative but competitive industry, you must learn from the best thinkers. So, what are you waiting for? The world of investment banking is fascinating, and waiting for you to dive in. When you understand how Wall Street works, you’ll know how to make investment banking work for you, instead of getting worked over by the world’s biggest banks. Flip through the book, and start reading anywhere you see something interesting! Part 1 Getting Started with Investment Banking IN THIS PART … In addition, the latest edition includes need-to-know information on how to develop strategic relationships, understanding the role of technology in investment banking, and a chapter on startup financing. The Journey in an Investment Bank takes work. The career of an investment banker progresses along a fairly standard path. Investment banking positions from junior to senior are: If the company proves to be successful, the options for raising money, or financing, grows. Prior to going public with an IPO, a growing company may consider a few options to raise money, including the following:

Investment Banking For Dummies - Scribd Investment Banking For Dummies - Scribd

After the tumultuous changes in the investment banking business following the financial crisis of 2007 through 2009, the entire landscape changed. Following the banking crisis, investment banks needed capital. Some of the most storied investment banks, unable to raise money, merged with other banks or became commercial banks themselves. Suddenly, the financial system was comprised of behemoth banks that have the deposit-taking abilities of banks but also engage in investment banking. The result is the formation of several mega-institutions that many people fear are “too big to fail,” including the ones shown in the table. Tip The concept of a discounted cash flow may be something you can learn in school. But it’s the assumptions and the quality of the inputs embedded in the analysis that make this technique essential to the investment banker. In many ways, investment bankers can show off everything they know when they create a detailed discounted cash flow analysis, which you find out about in Chapter 12. Seeing how leverage becomes a force in investment banking

Underwriters stay involved in the process during this tenuous first day of trading. Investment banks want to do whatever they can to make sure the shares of the newly public company don’t break (close below the initial price). A broken deal is often looked at negatively by investors; plus, a broken deal makes it look like the investment bank didn’t set the initial price correctly.

Investment Banking? - dummies What Is Investment Banking? - dummies

Given the great role investment banking plays in the financial system, it has taken on a larger-than-life mystique with the masses. Many people suspect that investment banks are pulling the strings of the economy, but they may not know enough to realize exactly what investment banks do.Terms are explained early on and simply, allowing readers to pass through the book easily, building a broad understanding of the different operations of an investment bank, and learning what investment bankers actually do. As you can imagine, although investment banking plays an important role in funding economic progress, there’s also lots of money to be made. Investment bankers can’t afford those fancy suits if they’re not getting paid. It includes everything, from complex concepts such as underwriting, mergers, and acquisitions to broad concepts like the role investment banking plays in the global economy. The book has four sections: the basics of investment banking, international capital markets, trading, and risk management, and special topics such as regulations, trends, and ethics.

Investment Banking Manual - Corporate Finance Institute Investment Banking Manual - Corporate Finance Institute

Consuming one book per month may not sound like a particularly stretching challenge at first, but actually retaining any new habit for an extended period (such as a year) is more difficult than it may first seem. If you're interested in more than just banking, and want to understand how all three of these financial players work and interact, then Investment Banks, Hedge Funds and Private Equity is the title for you. Brokerage services: Some investment banking operations include brokerage services where they may hold clients’ assets or help them conduct trades.Reading this book will show you how these interconnected high-finance organizations create value, manage risk, and influence the financial headlines. As with other books on this list, this text includes case studies and spreadsheet models to allow readers to apply the book’s lessons to real-world- investing and advisory activities. It is an outline of Investment Banking for Dummies. Simply put, an Investment bank is an institution that helps other corporations and businesses with various business-related activities. It acts as a financial intermediary, performing multiple functions like underwriting, mergers, acquisitions, fundraising, Initial Public Offering, corporate reorganizations, restructuring, a financial adviser for institutional clients, etc. Who is an Investment Banker? Author Michel Fleuriet, a professor at the Wharton School, explains how the investment banking industry works by offering an insider’s perspective on the operational aspects of the most successful investment banks.

Investment Banking For Dummies (Paperback) - Waterstones

Insiders in the investment banking business use all sorts of terms, some decidedly derogatory, to classify the players in the business. Some classifications that investment banks fall into include the following: Remember Investment banking operations are rarely identical between firms. Some banks and investment banks are engaged in some front-office areas, while others steer clear of them completely. There are also some peripheral areas of business some banks and investment banks include as part of their services that don’t fall in one of the traditional offices. One example of a service that is often grouped in investment banking is investment management. In an investment management unit, investment professionals are paid to invest money on behalf of individual clients or institutions. The current lay of the investment banking land

This book by Ray Dalio, a legendary investor and the founder of Bridgewater Associates, a multibillion-dollar hedge fund, is a must-read for anyone in the finance industry.