There are many funding banking texts on the market that declare that monetary modeling and valuation is the core work of the funding banker. This is just not the reality. The core work of the funding banker is origination, mandate/goal matching, and deal structuring. It ought to comply with textual content/course on funding banking must be based mostly upon the identical. It is the nice fortune that the reader has encountered such a e-book/course. Investment Banking: M&A Origination, Execution, Financial Modeling & Valuation explains origination, mandate/goal matching, and deal structuring (i.e. how funding bankers truly make their cash). For these new to funding banking you’re first going to need to make clear whether or not you wish to work on the promote facet for just a few years or pursue a profession in funding banking. The expertise that you will want to get began in funding banking are totally different than these that you will want to have an extended and profitable profession in funding banking. The position in funding banking transforms from one that’s analysis, monetary modeling & valuation based mostly into one centered on origination and facilitating the M&A course of. M&A (Mergers & Acquisitions) is the core product of funding banking, and the opposite merchandise, advisory & capital-raising, merely assist this. We based Investment Banking University (www.InvestmentBankingU.com) to arrange college students for each bulge bracket and center market funding banking profession alternatives. We see a paradigm shift occurring within the discipline of funding banking. The concept that you must spend three years of your life as an analyst doing 80+ hour workweeks constructing monetary fashions to turn out to be an funding banker is a defective paradigm. The actual worth add of an funding banker shouldn’t be monetary modeling & valuation, however quite origination, mandate/goal matching, and deal structuring. You don’t want Goldman Sachs’ permission to be an funding banker identical to you don’t want McKinsey’s permission to be a advisor. Investment banking for personal firms within the center market is a good way to construct your preliminary protection and profession as an funding banker with out sacrificing a household life or your well being.