Growth Equity Career Overview Growth equity is a type of investment opportunity in relatively mature companies with potential for dramatic growth. These investments usually take the form of a minority investment (i.e., non-control) in the target company. Businesses use growth equity to subsidize the expansion of their operations, entrance into new markets, and acquisitions to boost…
Overview and Job Description of an Institutional Asset Manager Institutional asset managers supervise and manage the investment portfolios of their clients, usually institutions, sovereign wealth funds, pension funds, corporations, and other large groups. The manager is responsible for having a clear understanding of their clients’ investment objectives and meeting those goals through strategic management of…
What is an Equity Capital Markets Banker? An ECM banker works in an investment bank on the sell-side and is the product expert that advises stock issuers and potential stock issuers on the best way to raise new equity and manage their outstanding equity. In most cases, an investment banker would be the first to…
What is a Business Banker? Business bankers are financial professionals in client-facing advisory roles, specifically for businesses. They may be sales focused (i.e. business development), support focused (i.e. customer service), or a combination of both. Bankers offer business banking solutions and deliver a straightforward suite of banking products and services, the most common being business…
What is a Business Intelligence Analyst? A business intelligence (BI) analyst, also known as a data analyst, is responsible for extracting, analyzing, and presenting data for specific reports or projects. They create metrics and models that help stakeholders to answer important questions. Their goal is to work closely with the business, to understand the drivers…
Transactional Valuation Career Overview When one company buys another company, accounting rules require the buyer go through a purchase price allocation of the seller’s assets and liabilities. A transactional valuation team is brought in to determine the fair market value of the seller’s assets and liabilities. This includes hard-to-value intangible assets. Transactional valuation can be…
Alternative Investments Career Overview Traditional investment managers typically buy and invest in assets such as stocks, bonds, money markets, or some combination of the three. By contrast, alternative investments managers invest in non-traditional assets, such as private equity, commodities, real estate, or infrastructure, or they invest in stocks, bonds, and money market instruments but use…
Working in Operational Risk Operational risk, or the risk of losses due to failed internal processes or systems, human error, or external events, has always existed in the financial services industry. Over the past decade, operational risk management (ORM) has become the focus of more resources and regulatory oversight due to the increased complexity and…
In recent years, finance and banking—and many other industries—have come under scrutiny for lack of gender diversity and persistent inequality. Despite initiatives to promote diversity and equal opportunities, women continue to be underrepresented in leadership and executive positions, face barriers to advancement, and experience wage gaps. There’s no doubt complex factors contribute to this ongoing…
What is a Borrowing Base? A borrowing base represents the adjusted value of eligible collateral that a lender will be extending credit against, before applying a discount factor (e.g. maximum LTV) that determines the credit limit. Borrowers pledge many different categories of assets as security for a loan. But the book value of those assets…
