Best Books to Read Before Investment Banking

Welcome to the Wall Street Oasis Recommended Reading listing for Investment Banking. Please eastward-postal service [email protected] if you think nosotros should add in boosted publications to our Recommended Reading. If you are interested, delight also feel costless to click hither for a cursory explanation of the 2008 financial crisis.


Piece of cake Reads Technical Reads Career Spring-Start
Monkey Business organisation Investment Banking Technical Interview Guide
Accidental Investment Banker Practical 1000&A Behavioral Interview Guide
Cold Steel Mergers & Acquisitions A Expect Behind the Wall
Damn it Feels Good... Internship Guide


Easy Reads

Monkey Business: Swinging Through the Wall Street Jungle

by John Rolfe & Peter Troob

This is a cracking read for any prospective Wall Street annotator or associate (and for you VPs and MDs that want to remember the practiced ol' days). It goes in-depth into the highs and lows of an entry-level career on the Street.


Ok, maybe you guys are all really young. But the question should exist who HASN'T read Liar's Poker and Monkey Business and why they haven't. Of all the finance books, the above two just mentioned are the Nigh read along with Barbarians at the Gate.


Just finished reading Monkey Business: Swinging Through the Wall Street Jungle. I thought information technology was well written and surprisingly funny. My favorite role was when Rolfe had an epiphany after he beat off at his desk-bound at 3AM during an all nighter. I really lol'd when I read that. He figured ibanking possibly wasn't the best career path for him.

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The Accidental Investment Banker: Inside the Decade that Transformed Wall Street

past Jonathan Knee

Author Genu, who spent over a decade at Goldman Sachs and Morgan Stanley, describes life as an investment banker. He gives a smashing, detailed look at what life is like as an investment broker, and more specifically, how the deal process works.


If yous are looking for a rollicking simply superficial account of the investment cyberbanking world, along the lines of Liar's Poker, this is not the book. If you are looking for a deep historical analysis of the growth of investment banking, forth the lines of something written by Ron Chernow, this is non the book. Just every bit a thoughtful insiders account with good historical perspective, this is an excellent book.

Rolf Dobelli (getAbstract.com):


If you want to sympathize how Wall Street works - and sometimes doesn't work - getAbstract recommends this informative, insightful and witty volume.

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Common cold Steel: The Multi-Billion Dollar Battle for a Global Industry

by Tim Boutonniere

This exciting read details the hostile takeover of Arcelor by Indian industrialist Lakshmi Mittal. If yous're looking for a glimpse into the world of mergers and acquisitions, this is a must-read. You won't be able to put it down!

HSdaydreamer (WSO User):


Can't get over how much I liked it and thought information technology should become some special attention. Information technology's similar a periodical of the whole deal process for the Arcelor-Mittal merger. Talks about the strategies used by the takeover defense, Mittal's team etc. etc. the governments side of the story and the politics involved etc. etc. Reads like a fast paced thriller. Information technology'll be hard to put down and won't diameter y'all. Anyone interested in Thousand&A should get it. Even if you aren't, I retrieve you'll however like it.


I know cipher nearly - and indeed take very little interest in - the earth of billionaires and global takeovers, but I constitute Cold Steel a mesmerising read.

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Damn information technology Feels Skilful to be a Banker: And Other Baller Things You Only Get to Say If Yous Work On Wall Street

by Leveraged Sellout

For three years Leveraged Sellout regaled the states with tails of a life on Wall Street for immature investment bankers. No quarter was given to Goldman, Morgan, Bank of America, or, particularly, Piper Jaffray. As the book itself says, this story "captures the true essence of being in high finance."

InTheFlesh (WSO Blog Review):


In between his elitism-dripping chapters are quizzes and sections including hilarious comments from the website, merely to make certain the humble reader is aware of what a terrific service is being rendered just past reading this little tome. If anyone has ever worked with someone like Logan, I'm sure this volume's sense of humor will hit correct domicile. Yous tin even have home a few interesting and valid points if yous have the mental detector necessary to find them. [Read More...]

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Technical Reads

Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions

past Joshua Rosenbaum and Joshua Pearl

This is perchance the best book covering the technical aspects of investment banking. Whereas many textbooks focus on theory, you can exist sure this covers practical awarding every bit it was written past Rosenbaum (managing managing director for UBS) and Pearl (director for UBS), with a foreword by Perella (Chairman and CEO of Perella Weinberg).

Thomas Lee (Founder, Thomas H. Lee Capital):


Investment Banking provides a highly applied and relevant guide to the valuation analysis at the core of investment banking, private equity, and corporate finance. Mastery of these essential skills is central for any role in transaction-related finance. This book will get a fixture on every finance professional's bookshelf.


This book will surely get an indispensable guide to the art of buyout and M&A valuation, for the experienced investment practitioner also as for the non-professional seeking to learn the mysteries of valuation.

idragmazda (WSO User):


I give it a x/10. Features all of the common valuation methods and their application and also a review of the M&A process. Information technology besides includes templates (completed and non-completed) for valuation methods.

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Practical Mergers & Acquisitions

by Robert Bruner

A Wiley Finance textbook, Practical Mergers & Acquisitions comprehensively covers (surprise!) M&A. Perella does another foreword for this textbook, which covers many Chiliad&A ideas and their awarding. Bank check out the CD version for some actress instruction!

Joseph Perella (extract from Foreword):


A well written and comprehensive journeying into Thousand&A...an essential reference for any M&A practitioner...this isn't just a book most great thoughts and procedure, simply rather how to turn insight into deals, and deals into lasting value.

Robert S. Harris (Dean of Darden GSBA):


Bob Bruner's volume combines the best of academic thinking and business organization do on 1 of the well-nigh fascinating and challenging topics in all of business. The area of mergers and acquisitions stretches executives and scholars to consider the whole realm of management practice–from strategy, to finance, to constabulary, to negotiations, to integration planning, to human beliefs.

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Mergers & Acquisitions: An Insider's Guide to the Purchase and Auction of Middle Market Business concern Interests

by Dennis Roberts

This textbook is written by the Chairman and Senior Managing Managing director of The McLean Group, a middle-market investment bank. Mr. Roberts gives an practical expect at mergers and acquisitions in the market where the most deals are done.


Have yous ever institute a volume so helpful to your professional development that you found yourself proverb: 'Stop reading but at your own peril!' This book is such a book. Although I have lots to manage with my current purchase and sell side engagements, I feel like I actually owe it to my clients and myself to finish this book earlier I take some other significant activity on their or my ain behalf.


The vast bulk of M&A activeness is in the Heart Market, where enterprises are highly idiosyncratic. And then, any author who hopes to illuminate this topic in any meaningful way faces several challenges. Dennis Roberts overcomes them all to produce a volume that owners of enterprises will notice as useful and accessible as his professional peers.

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Career Jump-Start

Technical Interview Guide

by Wall Street Oasis

This 80+ folio guide, produced past WSO and written for WSO'southward users, is a compilation of the virtually common technical questions encountered in Wall Street interviews.

WSO User banker88:


Just got the new technical guide. Past far much improve than vault. Very detailed (80+ pages) with charts, graphs, etc. I'll be reading this at least once this summer in prepping for fall interviews.


The new Wall Street Oasis Technical Guide provides questions and piece of cake to empathise answers for all the questions I typically ask when interviewing a candidate. The additional questions expand the guide, and the new charts are an added bonus for hands remembering the crucial concepts. If a student really knows all the questions in this guide, they are sure to nail the technical department of their interview.

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Behavioral Interview Guide

by Wall Street Oasis

This 56 page guide, produced by WSO and written for WSO's users, is a compilation of over 100+ of the most common behavioral / fit questions encountered in Wall Street interviews with detailed advice and examples.


All I tin say is I wish I had the Wall Street Oasis Behavioral Guide before I went into my cyberbanking interviews. I was well prepared for some of the fit questions that came my way, but others challenged me. With the extensive number of questions in this guide and the sample answers, I would have felt prepared to handle almost anything.

MIT Sloan MBA Student:


I didn't read Wall Street Oasis Technical and Behavioral Interview guides until subsequently my first year in my MBA programme, and frankly they contained everything I had spent the terminal year learning to get a job on the Street. I highly recommend them to anyone preparing for an interview, finance or other. Information technology's a heck of a lot cheaper than an MBA (not to mention faster and more to the betoken).

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A Look Behind the Wall - An Overview of Six Wall Street Career Paths

past Wall Street Oasis

WallStreetOasis.com has collaborated with its well-nigh knowledgeable users to provide one of the most detailed, entertaining and insightful publications to striking Wall Street in years.

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Internship Guide

by Wall Street Oasis

This is a complete guide to getting through your summer internship in finance or consulting. Whether you're wondering what to wear, how to do your work, or how to manage your money, this 30-folio guide has it all. Following this guide will make getting through the summer every bit painless as possible, so that you can take the exciting, rewarding feel you deserve.

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