When I began creating the list of top best finance courses in India, I thought of keeping the big daddy i.e., the MBA in Finance out of the list. After all, we all know what an MBA in finance can do for us. To start with, anybody who attempts to create a list, any list is always on a slippery wicket. First, any list does involve a certain bit of subjectivity, and thus it will never be perfect. Despite all ...
After you get hired, it’s now time to face the equity research interviews. Usually, it has four parts: Usually, the fourth part is one of the difficult ones. I’m here to prepare you for it. Here are the 50 Equity Research interview questions you must get ready for. Technical Equity Research Interview Questions and Answers Q.1: What is contained in an Equity Research Report? An equity research report is a recommendation to clients which convince them to either BUY, SELL ...
I know why you clicked on this article. 2023 was a defining year for what we like to call ‘equity research.’ Everyone from The Economist to Bloomberg to Reuters spoke about a decline in this branch of the finance business, and some even used words like ‘bloody,’ which are sure to scare you. Provided you are weaker of heart, of course. Different articles noisily clamoured about the disappearance of ‘sell-side analysts,’ and that is enough to scare away anyone who ...
Are you wondering how to get a job in private equity? Private equity careers manifest ambiguously, which may lead to you needing clarification and wondering which path to take. In this post, I will clearly distinguish the concepts of work in the Private Equity Career and Equity Research Career to help you determine the difference between these professional straight ions. Work in the era of Equity Research is an analytical position. It considers the conduct of professional activities in the sifting of ...
When it comes to Private Company Valuation, One of the questions you could meet in job interviews is “How to value a private company”? This question relates to how much you know about mergers and acquisitions and their valuation. Though there are a lot of things that should be taken into account when valuing a private entity, we’re going to be presenting here the important things you should know if you want to brief yourself or improve your knowledge on ...
If you already had an experience buying your own house on a mortgage and then later on selling it, congratulations, you had already experienced leveraged buyout! LBO Model is mainly about buying an investment by using mostly loaned funds and then selling the property in the future. Hopefully, after paying off the debts there would still be enough funds to call as profit. One of the misconceptions about LBOs is that it’s only for the analysts who had already worked ...
You decided to work in an investment bank. But you’re in a new world. You don’t know what analysts, associates, Vice presidents, managing directors, or senior vice presidents in investment banks do? You know the names of the positions, but you don’t really know what they are. You’re confused. Well, you’re not the only one. There are a lot of students or professionals that don’t really know the different functions inside the investment banking hierarchy. So here you go, here ...
The last time when I shared the super-actionable post, How to Analyze the Financial Health of a Company in 6 Easy Steps, I got emails from readers asking how to build a revenue model. So, I decided to write not ONE but FOUR approaches to the revenue projection model and take a real case in the retail industry. Revenue Projection Model in Retail Industry How The retail business is one of the largest and most diversified sectors covering a very ...
Landing the best investment banking internships in Asia is similar to landing a Summer Internship Analyst (or other iBanking position) in New York and Wall Street investment banks. This is mainly due to the corporate structure of the hiring companies, which run vastly similar operations across the globe. This is how the interview process goes down at each stage: Stage 1: The on-campus interview. Typically, the recruitment process starts with interested financial companies visiting your school campus. The recruiters will ...
In this post, we are going to see Sensitivity Analysis in Excel. Discounted Cash flow is probably the commonest way of valuation of a company. This method involves amongst other things analyzing the impact of factors like cost of equity or change in risk-free rate on the price of a company’s share. It is but obvious that any company operates in a dynamic environment and hence for investors it is imperative that the model so built gives the investor a ...
