This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
This is the first time I’ve ever reviewed a book, movie, or TV show multiple times. It is not only the best finance TV show or movie but also one of the all-time great TV series. The show is also highly relevant to finance because entire seasons revolve around mergers, acquisitions, private equity, and shareholder revolts.
If you want to work in the most cyclical role in the finance industry, it’s hard to beat commodity hedge funds. The downside is that it takes a long time to get your own book, which creates a lot of market/cyclical risk. The post Commodity Hedge Funds: The Most Lucrative “Hidden Gem” in Finance?
As in many other fields, there are two main types of venture capital internships: Summer Camps These internships are for early-university students and career changers who want to pivot into finance. Real Internships These internships are for candidates with finance experience who are expected to hit the ground running on day one.
Welcome to a comprehensive exploration of the Accounting Cycle , a critical concept every finance professional should master. These principles ensure consistency, accuracy, and reliability in the world of finance. This involves summing up all debits and credits in each account to verify that the company's books are balanced.
It accounts for three major business activities in which cash is exchanged, i.e., operating, investing, and financing. In contrast, the financing activities involve all transactions that affect the equity and liabilities of a company. read more in a business from three significant activities: operating, investing, and financing.
He is a former consultant at McKinsey & Company and expert in the Strategy & CorporateFinance Practice. As part of his strategy and transformation advisory work, Peet occasionally assists corporate clients with M&A. He also managed McKinsey’s global Innovation Practice.
Good Reasons to Do It 1) You Want to Make a Big Career Change, Especially into Finance or Consulting 2) The MBA Degree is Required at Your Company or is a Promotion Prerequisite 3) You Need to Get Work Permission in the U.S. (or no pre-MBA finance experience to private equity ). Is an MBA Worth It? Is an MBA Worth It?
Visual Basic for Applications (VBA) is a powerful programming language that can elevate your skills as a finance professional. In this blog article, we will explore the basics of VBA for Excel, its importance in the finance industry, and how mastering VBA can help you stay ahead in your career.
However, various books and textbooks have defined “distressed” as follows: Debt Discounts – If Secured Debt is trading in the low 90% range or below, or Unsecured Debt is trading in the 60-70% range or less, it’s typically distressed. But you could also move in from Leveraged Finance or an industry group that does frequent debt deals.
Washington, DC, (August 15, 2023) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporatefinance services, announced today that it has added two new managing directors, Mike McCraw and William R. Bill”) Snow.
The two individuals, the host and guest, one with a background in real estate investment and marketing, and the other with a professional accounting and corporatefinance background, both found their way into the world of mergers and acquisitions through different paths.
6) Concepts: Expand your knowledge by delving into must-read books for investment banking analysts such as "Investment Banking" by Joshua Rosenbaum and Pearl, "Security Analysis," and "CorporateFinance" by Aswath Damodaran. These resources are highly valuable and will deepen your understanding of the field.
The world of finance and investing has seen a wide array of structures and tools being developed over the years to facilitate transactions, manage risk, and maximize returns. Conclusion Understanding SPVs can give professionals in private equity and corporatefinance a competitive edge. Why Do Companies Use SPVs?
These pre-MBA programs are the most prominent in consulting , finance, and technology , which makes sense since most MBA students target these industries. We’ll return to this point later, but in finance, it’s more common to do a pre-MBA internship at a small VC/PE firm or boutique bank rather than a bulge bracket bank.
The first few years are very tough because you start from nothing – but if you build a decent book, the job gets easier since you’ll have consistent revenue from long-term clients. So, you won’t pull all-nighters to finish pitch books , and you won’t be called in over the weekend to make last-minute changes to a model.
Finally, many renewable energy debt deals take place within Project Finance teams at banks – but Project Finance and corporatefinance are very different ! The same criteria as always apply: High grades, a good university or business school, previous finance internships, and a good amount of networking and interview prep.
If you have the option to work in finance in different parts of the world, investment banking in India should be at the bottom of your list. It is almost always better to do an MSF or MBA in another country and break into the finance industry there than to compete for real IB jobs in India. Compensation is a big discount to U.S.
I get the obsession with The Shiny New Thing, but if you’re a new hire in banking or another corporatefinance role, boring old PowerPoint might be your highest-ROI skill. Today, they’ve shifted to programming languages, automation tools, and AI (e.g., can InternGPT do everything for you?).
To learn more about the indicators of what makes a good ESOP, as well as the benefits and the pitfalls, I turned to Focus’ CorporateFinance Head, Bob Beard, who executes ESOPs on behalf of our clients. What are the top benefits of an ESOP for a tire dealer? First, the valuation you get can be very fair,” says Beard.
Online Courses: Coursera’s “Valuation for Mergers and Acquisitions” by the University of Maryland, edX’s “Introduction to CorporateFinance” by Columbia University. Financial Databases: Bloomberg, Capital IQ, FactSet, Thomson Reuters Eikon.
At the junior levels , entry-level professionals in both fields spend a lot of time in Excel working on models, valuations, and documents such as equity research reports and investment banking pitch books. If you do IB, you can get into deal-based roles ( private equity , corporate development , venture capital , etc.),
With a background in finance and accounting from his time at Deloitte, Ryan has built his expertise in business valuation. With extensive experience in the field, Ryan shares his remarkable journey from a corporatefinance role to becoming the owner of multiple thriving businesses across various industries.
It’s arguably the most difficult “front office to front office” transition within finance, so you should probably start by considering why you want to make this switch: Table Of Contents Why Switch from Wealth Management to Investment Banking? The bad news is that it may be extremely difficult to near impossible unless you get a top MBA.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content