Inflation Calculator This inflation calculator will help you figure out how much your money will be worth after a period of time as a result of inflation – the increase in the price level of goods over time. Check out the inflation calculator preview below: Download the Free Template Download CFI’s Excel template to advance…
What is a Functional Resume? A functional resume is one that emphasizes an individual’s set of skills. It is one of three other types of resumes, which include reverse-chronological and a combination of the functional and chronological. The chronological type is the one that highlights a person’s professional experience, starting with their latest position. While…
What is New Employee Orientation? New employee orientation is an assimilation process in which new recruits are introduced to their jobs and work environment. Through orientation, new employees become acclimatized to the company, their department, fellow workers, and job requirements. An effective orientation program provides numerous benefits, not just for the employee but also to…
Corporate Development Career Overview While large corporations will hire investment bankers to advise on mergers & acquisitions (M&A), these large corporations may also have internal M&A professionals, usually in a role known as corporate development (“corp dev”). Depending on the corporation, the corporate development role may be quite similar to being an M&A advisor at…
What is a Resume Objective? The resume objective is a brief and concise statement included in a resume to show potential employers an individual’s professional goal(s). At times, it takes a few months or even years to really figure out what career one wishes to pursue. Employers are often looking to hire candidates who are…
What is Disgorgement? In legal terms, disgorgement is an action where something is given up – namely, profits – because they were obtained illegally or unethically. The court system orders the individual or entity to give up such profits to prevent them from making unfair financial gains. Disgorgement is not a form of punishment, but…
Aging Report Template This aging report template will help you categorize accounts receivables by how long invoices have been outstanding, as well as calculate your allowance for doubtful accounts. Here is a preview of CFI’s aging report template: Download the Free Template Enter your name and email in the form below and download the free…
Treasury Career Overview At a fundamental level, working in treasury means you will be helping to ensure that your organization has enough cash in the right place at the right time to continue business uninterrupted, even in times of stress. Working in treasury means working as the link between your organization and the financial markets….
Buyout Equity Career Overview Private equity (PE) is a common career progression for investment bankers (IB). Analysts in IB often dream of “graduating” to the buy side, where there are many advantages, but hours are still extremely long and require extensive financial modeling work. Some roles in private equity are less client-facing/sales-oriented than investment banking;…
What is Investment Banking M&A Advisory? The investment banking division (IBD) of an investment bank helps governments, corporations, and institutions raise capital and complete mergers and acquisitions (M&A). An investment banking career is extremely demanding with analysts frequently working 100-hour weeks. The competition for positions is intense, compensation is very high, and the work is very high-profile. The…
