Are the finance careers you always see so pleasurably advertised the right path for you? In case you have been asking yourself this question for quite a while now and haven’t been able to find a suitable answer, there’s no need to worry. This piece is here to detail all you need to know. Read through and see which types of careers in financial analysis there are, what are the top jobs in this field, finance internships, and which kind ...
Financial advising is a big business. I am going to give you the complete guide on how to become a wealth manager here. Everyone wants to be successful and rake in the dough, so it’s only natural that people would turn to financial advisors, people who are experts in the field, to help them out. Because of this, you may have considered a career in wealth management. Before heading in that direction, though, you may have some questions, such as ...
Since investment banking is such a hot topic of discussion among finance aspirants, I thought of taking this discussion to a detailed level. You need to know what types of investment banks are available. I will tell you about the top boutique investment banks worldwide. But before we get into specific details, let us first understand what exactly these boutique investment banks are. What Is a Boutique Investment Bank? Wikipedia defines the boutique investment bank as – “A boutique investment bank is ...
An investment firm or fund is a partnership, trust or corporation that “pools” money from shareholders and invests it in the appropriate security instruments and multiply investment money. The working of investment firms is based on few collective features. They are discussed in detail. 1) Close-Ended Structure Investment management firms have a close-ended structure which means that they issue a fixed number of shares at certain time-frame. These shares are traded on the stock market. In this structure, the fund ...
An investment banking pitch book is a marketing device/sales book created by investment banks/firms. The sales presentation details the firm’s main attributes to secure a deal for the investment bank with the potential client. The primary purpose of investment banking pitchbooks is to stimulate discussion between the potential client and the sales team and senior bankers of the investment bank. It focuses on marketing the firm’s services and products. These books include detailed information about the investment firm, its history, ...
If you have decided you want a career in banking, you are in for the ride of your life. The financing world is notorious for the high level of difficulty when it comes to securing a position in a bank or other type of financial institution. Apart from that, studies show that there are approximately ten candidates per position in this sector. Therefore, if they will select you and you do get called in for an interview, you need to ...
In this post, I’m going to cover how to become a hedge fund analyst. In my previous article, I covered the Investment Banking Analyst’s role and responsibilities. Let’s begin with the definition of a hedge fund. What Is Hedge Fund? Hedge Fund is the pooling of investments from high net worth individuals. These funds invest in equities, bonds, and commodities. The funds use investment strategies as long, short, leverage and derivative positions. They invest in local as well as international ...
The disintegration of international boundaries necessitated the establishment of common business practices that are globally understandable, verifiable, and accessible. Among business practices, accountancy is a dominant subject. In this article, FinanceWalk introduces you to the concept of IFRS reporting, the scope of IFRS in India and how to pursue IFRS. What Is IFRS? International Financial Reporting Standard (IFRS) is a globally accepted language for business accountancy presentation which makes it comparable and understandable globally. In simpler words, generalized parameters were ...
Investment banking is one of the most difficult paths to take for your career. Needless to say, it’s not for everyone. To be a successful investment banker, you must have the guts to take on the challenges. More importantly, you will need specific skills. What exactly do you need for an investment banking career? This article lists 20 of the most needed investment banking skills for every aspiring investment banker. Let’s start with one of the most important ones – ...
Amongst the newest forms of investment vehicles available for wealthy individuals are Private Equity and Venture Capital. However, it always seems to be a hot topic of discussion about Private Equity vs. Venture Capital (PE vs VC) and which one is better. Private Equity vs Venture Capital (PE vs VC) Definitions A private equity (PE) investment is made by investor/s as per the goals, preferences, and investment strategies of the firm or individual investor and they usually focus on mature ...
