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The CFA for Investment Banking: Do the New Changes Make It Worthwhile?

Mergers and Inquisitions

I’ve now been writing about finance careers for almost 20 years, and the topic of the CFA for investment banking never seems to die. I first criticized the CFA in a 2009 article , which generated a lot of angry comments. But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started.

CFA 59
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The Path to Success: How to Become an Investment Banker

OfficeHours

Investment banking is one of the most sought-after careers in the finance world. Investment banking is highly desirable due to its potential for high lifetime earnings, its interesting and impactful work, and it serves as a springboard for a career in finance. Maybe even more important than your major is your GPA.

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How to Take Advantage of the Market Slowdown

OfficeHours

This could involve pursuing certifications relevant to your field, like CFA or Series exams, or expanding your knowledge in related areas, such as data analysis or programming. For instance, becoming proficient in Python for financial modeling can distinguish you as an indispensable team member. and how our process works.

Economics 130
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Corporate Finance Jobs: Cozy Careers, But Bad “Plan B” Options

Mergers and Inquisitions

Corporate finance jobs at normal companies are bad … …if you’re using them to break into a deal-based field, such as investment banking , private equity , or venture capital , or as a “Plan B” if you interview around but do not get into one of these. not banks or investment firms).

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Multi-Manager Hedge Funds: A Meritocratic Paradise or a Revolving Door of Burnout?

Mergers and Inquisitions

You might think that as a Hedge Fund Analyst , you’ll do deep market research, speak with counterparties, suppliers, and customers, and build detailed financial models to support your views… …and you would do those things if you were at a single-manager hedge fund. What Do You Do as a Multi-Manager Hedge Fund Analyst?

Funds 104
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Fixed Income Research: The Overlooked Younger Brother of Equity Research?

Mergers and Inquisitions

We can’t possibly cover them all in one article, so this one will focus on fundamental research at banks , primarily for investment-grade and high-yield bonds. You cover quarterly earnings and send updated models and notes to clients and other teams. existing coverage” in ER. power & utilities , FIG , or industrials ).

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Single-Manager Hedge Funds: The Best Way to Get a Recurring Guest Spot on CNBC?

Mergers and Inquisitions

In-depth analysis that might take days or weeks, such as a financial model with 1,000 rows in Excel to assess a biopharma company’s valuation. Specifically, they often hire people who have followed “the path” by working at a top investment bank for 2 years and then joining a private equity mega-fund for another 2 years.

Funds 59