Some Investment Banking Things Culture by Matt - June 30, 2018July 21, 20180 So far we have offered a fairly extensive look at the corporate finance theory used in investment banking, the deal processes and how to get in. What we have not expanded on is what you can expect when you do get in. Investment banking is office culture on steroids. Here are
What Should You Do After Your Offer? Life & Work by Jeremy - June 29, 2018June 30, 20180 So You Got the Offer, What Now? After my summer internship in investment banking, I was fortunate enough to come out of it with an offer. I had worked hard for it, and was prepared every step of the way. However, with the offer in hand, I found myself in foreign
How to Quickly Research a Company or Industry Interviews by Matt - June 23, 2018June 24, 20180 Have an investment banking interview with the mining team in a few days but know nothing about mining (or any industry group)? A few days is actually plenty of time to intimately know an industry, but anyone outside of the finance industry would not know where to start looking. Here is a
Defending Your Stock Pitch in an Investment Banking Interview Interview Questions by Matt - June 23, 2018June 23, 20180 An aspiring banker walks into the interview room and is asked for a stock pitch. "Pitch us a stock." "I really like Google because they have a strong business moat in search, ample free cash flow generation and is well positioned to benefit from progress at Waymo (the autonomous driving division) and
Types of Revolving Loans Commercial Banking Corporate Banking by Alex - June 20, 2018June 23, 20180 What is a Revolving Loan? Revolvers are some of the most common loan products available from commercial banking and corporate banking. Most people are familiar with the concept of a regular loan. The borrower takes out a fixed amount of money (the loan principal) that must be paid off along with the
Do You Have To Be Good At Math for Investment Banking? Education by Matt - June 17, 2018June 17, 20180 Failing Calculus at UBC Setting: Two guys riled up from Frosh Week and having been introduced to the glitz and glamor of an investment banking job. $150,000 for a starving student that grabs free Campbell Chunky soup samples from the promotional guys walking around the Student Union Building and a bank balance
Emerging Markets We Are Investing In Right Now (for Canadians) China Investing by Matt - June 16, 2018June 17, 20180 Start Investing Now and Invest in an ETF or Good Mutual Fund In various posts we have written for the mass market (our fellow professionals who are nurses, social workers, plumbers), instead of just investment banking hopefuls, a few notes that repeat the same general themes. We espouse the need to invest
Breaking into Investment Banking: Applying for MBAs in Canada Canada Education MBA by Karl - June 6, 2018June 17, 20180 With a great GRE/GMAT score, you are now ready for applications, right? Not quite. Depending on the desired school, there are a series of documents that you need to put together before the application deadline. We will go over those documents in this post. Canadian MBA Deadlines The first thing you should check
Common Negative Covenants for Corporate Banking (and Bonds) and CoC Commercial Banking Corporate Banking by Alex - June 3, 2018June 3, 20180 What are Covenants in a Loan Agreement or Bond Indenture? In the most basic sense, a covenant is an agreement between two or more parties, where one party makes a solemn promise to refrain from or to engage in a specific activity. In the banking (financial) world, a covenant in a formal