Discounted cash flow (DCF) valuation is a type of financial model that determines whether an investment is worthwhile based on future cash flows. A DCF model is based on the idea that a company’s value is determined by how well the company can generate cash flows for its investors in the future. In this guide, …
Discounted Cash Flow (DCF) Valuation: The Basics Read More »
A special purpose acquisition company (SPAC) is a company that has no actual business operations but goes through an initial public offering (IPO) to raise capital. The SPAC then purchases or merges with a private company. Because the SPAC is a public company (listed on a public stock exchange), the private company it acquires becomes …
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Private equity (PE) is an area of the financial services industry that involves firms making investments in private companies, or companies that aren’t traded on the public stock market. The investment into private companies is referred to as private equity, and private equity firms are the companies that make these types of investments. What Is …
Investment banking hours are notoriously long — a job in investment banking can involve working over 100 hours per week. However, investment bankers do not always work that many hours, and not every minute of every day is spent agonizing over Excel spreadsheets. In this guide, we’ll go over: How Many Hours Do Investment Bankers …
Investment Banking Hours: Everything You Need to Know Read More »
The investment banking career path can be a rewarding, profitable, and challenging undertaking. In general, it can be a great path to take if you love crunching numbers, working with clients, and helping others accomplish their big (expensive) goals. Plus, working a few years in investment banking can open up many job opportunities, making it …
It can sometimes feel like every job posting these days is asking for at least a bachelor’s degree, but there are countless exciting (and great-paying) career paths that don’t require a degree at all! Some of these careers, like commercial pilots or real estate brokers, have licensing requirements, but having a high school diploma is …
The highest-paying jobs in finance include top-level executive positions and relatively entry-level careers, like financial analysts. Careers in business and finance have a median annual salary of $76,570 — significantly higher than the national average for all occupations ($45,760.) In other words, the finance industry pays well across the board. Using data from the U.S. …
Investment banking interview questions are often hyper-technical — you may need to calculate specific numbers, explain formulas, or walk the interviewer through various investment banking activities. While these interviews can seem overwhelming at first, you can nail an investment banking interview with study and preparation. Introductory Interview Questions Investment banking interviews begin the same way …
25 Investment Banking Interview Questions (With Answers) Read More »
The hard and soft skills you need in investment banking include understanding complex formulas and having the dedication to tackle the long, sometimes stressful hours required in an investment banking career. Your resume should show potential employers that you have the skills and the knowledge it takes to succeed as an investment banker. Required Financial …
Investment banking is the division of financial services that works to raise money for individual investors, large corporations, and governments. Investment banks provide underwriting services to help clients raise capital and complete mergers and acquisitions (M&As). Essentially, an investment bank is a middle-man for big, complex financial transactions, and investment banking facilitates these transactions. What …
