Remove Cash Flow Remove Course Remove Finance Remove Management
article thumbnail

Transitioning from Management Consulting to Corporate Strategy/M&A – the Interview Process

Tom Spencer

Many management consultants hardly complete two or three years in their jobs before they realize that there’s more to life than consulting. Helping the organization to identify and manage strategic uncertainty. Strong emotional intelligence to deal with sensitivity of information and seniority of audience is also essential. Conclusion.

article thumbnail

How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. “The decision-makers will want to see a simple model that shows revenue, costs, overhead, and cash flow,” he says. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

Finance 28
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Which MBAs Make More: Consultants or Small-Business Owners?

Harvard Business

Compensation is, of course, more than money. Owners of small businesses can set their own hours, make their own management decisions, and take pride in the ownership of their work. These are of course unknown and highly dependent on the job and the success of the small business itself.

article thumbnail

Profit vs. Positive Cash Flow

CaseInterview.com

They’re obsessively concerned that their sales growth will be too low to generate enough cash to pay the bills. However, if you truly understand accounting and the relationship between the cash flow statement versus the profit and loss statement, it is totally possible to go bankrupt by growing too fast. at least initially).

article thumbnail

The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. Take a financial acumen course , do online research, or invest in a textbook on the subject. Cash flow.

article thumbnail

Frameworks for the Case Interview (Part II: Mergers and Acquisitions Framework)

Tom Spencer

Of course, financial experts have many detailed definitions of M&A. Yes, M&A is not all about finance! There are three main valuation methods you can use to estimate the value of the company: Discounted Cash Flow , Comparable Companies , and. Here, you just need to remember this simple description.

article thumbnail

$550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets

MishTalk

Energy production is extremely capital intense, and often accompanied by negative free cash flow. The Fed is responsible of course, by holding interest rates at record lows, stimulating all sorts of speculative investments. CJES), postponed financings this month as sentiment soured. Junk bonds of Energy XXI Ltd.

Energy 78