What is a Board of Directors? A board of directors is a panel of people who are elected to represent shareholders. Every public company is legally required to have a board of directors. Nonprofits and many private companies, while not required to have a board of directors, may elect to have one to help govern...
Buy-Side vs. Sell-Side in Mergers and Acquisitions (M&A) If you are interested in holding an investment banking job, you often find people talking about the buy-side versus the sell-side. You may not have asked that question yet, but perhaps you have heard exchanges about the buy-side and the sell-side M&A. So, how do these two...
Role of the Investment Banker in Sell-Side M&A As an investment banker in the mergers and acquisitions space, there are two things that one does – one is to pitch their bank to prospective clients and get business from them by engaging in the buy or sell-side M&A, and another is to execute the deals...
What is Capital Markets Sales? Capital markets sales is a career path within the capital markets division at an investment bank. This salesperson is responsible for assisting clients in buying and selling capital market instruments such as stocks, bonds, foreign exchange, and derivatives to earn trading revenue and commissions for the bank. The bank’s clients...
Who are Quants? Quantitative analysts (also called “quants”) are professionals specializing in the design, development, and implementation of algorithms and mathematical or statistical models intended to solve complex financial problems. In their work, quantitative analysts apply a blend of techniques and knowledge from multiple disciplines including finance, economics, mathematics, statistics, and computer science. The quantitative...