Investment banking 'life' Liar's Poker (for S & T crowd), Monkey Business (an interesting and during absurd to look at the life of two young bankers), When Genius Failed (for you quant nut jobs), and even barbarians at the gates (how to screw people over 101) are some of the best investment banking books that we read from a purely entertainment point of view it is.
Unlike those are not at all useful to land banking practices, or provide a full-time offers.
It hurts me to say that because you are such a fascinating read (banker, dirty talk, really - I tell you Monkey Business ) - and as students we have in fact I have read in some futile attempt to "prep" for banking. If you can not help it, then save yourself time and just watch the movie version of barbarians at the gates now - it's a far worse choice for a book and does not even begin to give you a sense of cutthroat nature of banking / PE, but it is your only choice for now.
Maybe when you are 38 years old banker burning building ship Pacific can go nuts on the Amazon and just catch all the best books of investment banking, but until then just leave it all alone.
Warning if you indulge the magic dragon now, we saw lots of friends including yourself read these heavy tomes only end with the deluded idea of bank. Glamorization, the idea that the miracle worker ("closing deals") and other imaginative ideas contained in the books of investment banking are simply not useful.
The fact of heavy improvised paperweights like Goldman Sachs Culture of Success or Morgan House are examples of almost irrelevant historical narratives and are completely useless for employment purposes.
Even relatively solid investment banking books like Endlich is the Development of Goldman Sachs is quite difficult to recommend to young bankers I think it's interesting, yes, but it is helpful to your chances of employment, no.
And even if you picked up a copy for my birthday from my generous uncle Billy Bob, put it in a drawer, locking 2 pounds puppy away and leave him alone.
How to invest books such as Intelligent Investor or Money Masters are the top and read from you, but they are not directly or directly useful for students who want to break into investment banking.
Again, we read these books and a bunch of similar hardbacks not to mention a few pounds from his letters (ie, Buffett) and so are the dismissal of this book with experience knowing that they contributed little to our break-in attempts.
PS I should temper this by saying that the verdict is a personal investment lessons garnered from these books come in very handy during the interview, when bankers asked us if we owned the shares, and why we chose them.
Technical funded We just reviewed our faculty for finance and accounting textbooks to brush up on our WACCs our DCFS. If you do not know what the WACC, or do not have these books and then think about borrowing Brealey & Meyers Corporate Finance - but be warned this is not a "Finance 101". In fact it is a brick books.
Our next tutorial will focus more on what is worth studying and what to forget. So keep your eye out for it tomorrow, because it just might save you 100 hours of unnecessary studies
Comedy circuit Think leverage to sell the "Damn it feels good to be a banker," the book . This rating banker rant stomach-hurts hilarious. But it will not raise your hopes for the IB as much as 1%. In fact dangerous distraction factor of Logan's adventures can actually reduce them.
So, although this May will be one of the best investment banking books around, save it until you are actually a banker!
