by the finance major | Feb 17, 2023 | Career
1. Harvard University – Harvard Business School (USA): The Harvard Business School is one of the most prestigious business schools in the world and offers a rigorous finance program that includes courses in corporate finance, investments, and financial derivatives.
2. University of Oxford – Saïd Business School (UK): The Saïd Business School at Oxford University is known for its innovative approach to finance education and its strong focus on global business issues. The finance program includes courses in asset management, behavioral finance, and private equity.
3. London School of Economics and Political Science (UK): The LSE is one of the most prestigious social science universities in the world and offers a strong finance program that includes courses in financial economics, corporate finance, and international finance.
4. Massachusetts Institute of Technology – Sloan School of Management (USA): MIT’s Sloan School of Management is known for its innovative approach to finance education and its strong focus on technology and entrepreneurship. The finance program includes courses in financial theory, investment management, and behavioral finance.
5. University of Pennsylvania – Wharton School of Business (USA): The Wharton School of Business at the University of Pennsylvania is widely regarded as one of the best business schools in the world and offers a comprehensive finance program that includes courses in corporate finance, investments, and financial derivatives.
6. INSEAD (France/Singapore): INSEAD is a leading global business school with campuses in Europe, Asia, and the Middle East. The finance program includes courses in financial markets, asset management, and corporate finance.
by the finance major | Feb 17, 2023 | Education
Investment banking focuses on helping companies and governments raise money by issuing and selling securities. Securities are financial instruments like stocks, bonds, and options that can be bought and sold on financial markets.
Investment banks act as intermediaries between companies or governments that want to raise money and investors who want to buy securities. They provide advice to their clients on the best way to raise money and then help them sell their securities to investors.
Investment bankers also provide other services, like mergers and acquisitions advice, underwriting, and trading. Mergers and acquisitions (M&A) is when two companies combine or one company buys another company. Underwriting is when the investment bank guarantees a certain price for the securities being sold by the company or government. Trading is when the investment bank buys and sells securities for their own account, hoping to make a profit.
Investment banking is a competitive and demanding field that requires a strong background in finance, economics, and business. Investment bankers work long hours and are often involved in high-stakes deals that can have a major impact on the global economy.
In summary, investment banking is a type of banking that focuses on helping companies and governments raise money by issuing and selling securities. Investment bankers provide advice, underwriting, and trading services to their clients and are involved in high-stakes deals that can have a major impact on the global economy.
Check out other Front Office roles here.
by the finance major | Feb 17, 2023 | Career
Accounting: Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. Accounting majors learn how to prepare financial statements, manage accounts, and analyze financial information. In other words, accounting is about keeping track of the money and making sure that financial information is accurate and useful.
Finance: Finance is the study of how individuals, businesses, and organizations manage their money and assets. Finance majors learn about investing, financial analysis, and risk management. They study how financial markets work, how to value assets and securities, and how to make informed financial decisions. In other words, finance is about managing money to make it grow and achieve financial goals.
Economics: Economics is the study of how individuals, businesses, and societies make decisions about how to allocate limited resources. Economics majors learn about the principles of supply and demand, market structures, and economic policies. They study how prices are set, how markets work, and how government policies affect the economy. In other words, economics is about understanding how the economy works and how people make decisions about what to produce, how to produce it, and who gets what.
by the finance major | Feb 17, 2023 | Fun
1. The Wolf of Wall Street (2013) – This movie, based on the memoir of the same name by Jordan Belfort, stars Leonardo DiCaprio as a stockbroker who rises to great wealth and power through fraud and corruption. It’s a high-energy, fast-paced film that gives a glimpse into the excesses and ethical failings of Wall Street in the 1990s.
2. The Big Short (2015) – This movie tells the story of the 2008 financial crisis, and follows a group of investors who bet against the housing market before it crashed. It stars Christian Bale, Steve Carell, Ryan Gosling, and Brad Pitt, and is based on the book of the same name by Michael Lewis.
3. Wall Street (1987) – This classic movie, directed by Oliver Stone, stars Michael Douglas as Gordon Gekko, a wealthy and ruthless corporate raider. The film is famous for its memorable quotes, including “Greed is good,” and its portrayal of the excesses of the 1980s Wall Street culture.
4. Margin Call (2011) – This movie takes place over a 24-hour period at an investment bank during the early stages of the 2008 financial crisis. It stars Kevin Spacey, Jeremy Irons, and Zachary Quinto, and gives a behind-the-scenes look at the decision-making and ethical dilemmas faced by people working in finance.
by the finance major | Feb 17, 2023 | Career
1. Corporate Finance: Corporate finance involves managing the financial activities of a company, such as budgeting, financial analysis, and investment decisions. People who work in corporate finance might be responsible for analyzing financial statements, creating financial models, or managing a company’s cash flow. This is a very broad field and can include jobs in many different industries.
2. Financial Planning: Financial planning involves helping individuals and families create a plan for their financial future. Financial planners might help clients set financial goals, create a budget, invest their money, or plan for retirement. This can be a very rewarding field, as financial planners can help people achieve their financial goals and improve their quality of life.
3. Accounting: Accounting involves keeping track of a company’s financial transactions and preparing financial statements. Accountants might work for a company or for a public accounting firm, and they might specialize in areas such as tax accounting, audit, or financial reporting. This is a very important field, as accurate accounting is essential for making informed business decisions.
4. Investment Management: Investment management involves managing money on behalf of clients, such as institutional investors or high net worth individuals. Investment managers might work for a mutual fund, a hedge fund, or a private equity firm, and they might be responsible for making investment decisions, managing a portfolio of assets, or analyzing market trends.
Check out the highest-paying areas of finance.
