This is one of the most common questions in investment banking interviews, and it is more important than you think. Candidates may do great in the behavioral questions (you know what investment bankers do and are prepared to make sacrifices) and technical questions before being surprised that they do not pick
Understanding Market Structure — Perfect Competition, Monopoly and Monopolistic Competition
In the last article, we talked about how firms make decisions based on their marginal costs and marginal revenue. In this article, we will further that discussion by breaking down the different market structures that firms operate in, and how that affects decision making. These market structures, perfect competition, monopoly,
Interview with an Oil & Gas Investment Banker: Part III
Interview conducted with an oil and gas investment banking associate in the Global Energy and Power/Natural Resources Group of a major investment bank This interview ended up being excessive so we have cut it into 3 components to avoid reader exhaustion Read Part I Read Part II Do you need an oil and gas
Canadian M&A Roundup Q3 2018
Canadian M&A has seen a sharp increase in activity in the third quarter of 2018 with $152.4B in announced deals, an increase of 63.6% from Q3 2017 and 21.8% from Q2 2018. M&A Drivers Hostile bids Consolidation in mining Beverage companies entering the cannabis space Hostile Bids According to Reuters and data from
Interview with an Oil & Gas Investment Banker: Part II
Interview conducted with an oil and gas investment banking associate in the Global Energy and Power/Natural Resources Group of a major investment bank This interview ended up being excessive so we have cut it into 3 components to avoid reader exhaustion Read Part I Read Part III Do you specialize in a sub-sector of
Interview with an Oil & Gas Investment Banker: Part I
Interview conducted with an oil and gas investment banking associate in the Global Energy and Power/Natural Resources Group of a major investment bank This interview ended up being excessive so we have cut it into 3 components to avoid reader exhaustion Read Part II Read Part III Is oil and gas investment banking dying
Marginal Costs and Marginal Revenue
In the last article, we talked extensively about supply and demand. We will now focus in on how supply and demand is related to costs and revenue, specifically marginal costs and marginal revenue. By understanding these important concepts, we can gain a better insight on how profit maximizing firms behave
Investment Banking Resume Screening Process
Competitiveness for Investment Banking Resume Screening Having served on multiple recruiting committees where the fate of students was decided with the red pen of many a sleep deprived analyst, associate and VP, we can share what resumes that end up past the HR screen (including transcripts and cover letters) end up
Can Your Manager Read Your Work Emails or View Your Browsing History?
Hedging Policy for Corporates – FX, Interest Rate and Commodity Price Risk
In operating a large corporate with diversified cash flows, companies generally will find themselves exposed to large elements of market risk. The larger and the more complex the company, the more likely that they will have exposure to macroeconomic and firm-specific variables that are beyond their control. In this article we