Michael Herlache

Investment Banking Michael Herlache

There are so many investment banking texts out there that claim that financial modeling and even valuation is the core work of the investment banker. This is simply not the truth. The core work of the investment banker is origination and coverage. It should follow that a text on investment banking should be based upon the same. It is the good fortune that the reader has encountered such a book. Investment Banking: The Work of the Managing Director explains origination as well as coverage (i.e. how investment bankers make their money). This book is based upon the course at www. InvestmentBankingU.com