article thumbnail

Wealth Management 101: The Hidden World of Private Banking

Tom Spencer

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. Wealth Management vs Asset Management Many people interchangeably use the term asset and wealth management.

Banking 78
article thumbnail

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. Banking salaries average 50-100% higher than consulting salaries , with the difference increasingly significant as your seniority increases.

Banking 272
Insiders

Sign Up for our Newsletter

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

article thumbnail

Human Resources Management – How to Get Started

Tom Spencer

In this article, I will break down a few functionalities of Human Resource teams, and a couple of ways to get started in Human Resource Management. Within HR management, there are three main functions to be aware of. Breaking into Human Resources Management. Talent Acquisition. Learning and Development.

article thumbnail

Product Management – What Is It and How to Get Started

Tom Spencer

Product managers have a dynamic role within companies, sitting at the intersection between business leaders, customers, engineers, and designers. In this article, I will examine the nature of products and the product life cycle , and break down a bit of what product managers do and how to break into this line of work.

article thumbnail

Is AI the Solution for the Banking Sector? (Part 2: Solution)

Tom Spencer

Before we dive into why AI is the solution for the banking sector, let’s first explore what big tech companies have in common, how many of them have grown successfully, and what banks can learn. Usage of AI in the Banking Sector. Table 1: AI applications across Canadian and US banks (Source: Financial Post, Techemergence).

Banking 84
article thumbnail

Management or Leadership – which do I need?

The Management Centre

Managers are often tasked with demonstrating leadership in their role. What is management? Why do managers need to lead? Why do leaders need to also manage? In this blog we look at three responsibilities and which management/leadership attributes to use for each. Management. Management. Management.

article thumbnail

Management Consulting in Canada

Tom Spencer

Management consulting is a professional service offered to organisations which aims to help internal management improve operating performance. The management consulting value chain encompasses strategy (idea origination, analysis and presentation of findings), implementation, operations and maintenance/feedback.