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Management Consulting versus Investment Banking

Management Consulted

The cons of investment banking – the long hours, the repetitive and unengaging nature of the work, the lack of non-finance exit opportunities – mattered far more to me than a 6-figure salary. Cashflow or not, the extra money is substantial and a defining driver of why many people do investment banking. 2 LIFESTYLE.

Banking 272
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Consulting or Banking

Tom Spencer

This post provides you with a high level comparison of management consulting and investment banking. Investment banks help companies raise money for various purposes including investment, acquisitions, and provision of working capital. Traders buy and sell securities with the bank’s money with the aim of making money for the bank.

Banking 60
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The Fed: Chairmen More Powerful Than Presidents

Tom Spencer

The Fed influences the world economy Professors in banking and finance often use the metaphor of the economy as a plane and the Fed as the pilot. The federal funds rate determines the cost of interbank borrowing in the overnight money market, which influences the interest rates that banks charge on consumer and business loans.

Banking 88
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Pros and Cons of a Career in Consulting

Tom Spencer

It is one of the few industries, apart from investment banking, that is a stereotype for every graduating class, and people start preparing for it from freshman year through joining multiple consulting clubs on campus. It is not uncommon to work upwards of 60 hours each week, and this does not take into consideration all the travel involved.

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4 Financial Innovations to Make Business Easier

Tom Spencer

There are many new innovations that allow companies to finance purchases creatively in order to meet their goals over the long term. While the interest rates are usually higher than a regular bank loan, the collateral requirements are almost nothing. Online Banking. Finance Tools. Peer Lending. Online Advice.

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Traveling for Work? You’re a Prime Target for Hackers

Harvard Business

As if the stresses and headaches of business travel weren’t enough, there’s one more thing to worry about while traveling in unfamiliar places: the security of your email. According to one report , there are 40,000 kidnap-and-ransom cases each year, many of which involve executives on business travel.

Travel 28
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Ukraine Central Bank Imposes 6-Day Waiting Period on Foreign Currency Purchases; Capital Controls Hit Ukraine in Effort to Halt Money Exodus

MishTalk

Ukraine’s central bank imposed limits on foreign-currency purchases after its interventions failed to alleviate pressure on the hryvnia, while President Viktor Yanukovych left to meet his Russian counterpart, Vladimir Putin. and the European Union discuss potential aid, Yanukovych traveled to the opening ceremony of the Sochi Olympics.

Banking 73