Who are Strats? Strats refer to mathematicians, statisticians, computer scientists, and engineers who work in the financial services industry. In particular, strats are used to describe the mathematicians, statisticians, software developers, and engineers who work at investment banks in a front office role. The first strats team was set up within the strategies team at...
Investment Banking Manual Covering accounting fundamentals, valuation, financial modeling, & Excel skills, this 400+ page guide to investment banking is a must-have for new analysts & associates. Welcome to the official investment banking eBook from the Corporate Finance Institute. In this 466-page analyst manual, we walk through all the important skills and the body of...
Does an investment banking cover letter matter? At most investment banks, cover letters that accompany resumes are barely read, if read at all. Applications are typically screened according to your resume, with school and GPA as the first filter. If you went to a “name” school and have a strong GPA, then your resume and...
How to Tailor Your Investment Banking Resume? The investment banking resume is unique. It’s important to tailor your resume to the industry standard to avoid being immediately deleted just because it doesn’t comply with the standard format. Here are some critical points to be aware of: Your investment banking resume must be only one page...
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...