Management Consulted
DECEMBER 16, 2008
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.
Tom Spencer
MAY 8, 2016
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.
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Tom Spencer
JANUARY 19, 2024
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.
Tom Spencer
SEPTEMBER 15, 2023
For instance, a bank might launch a property search platform where it advertises its mortgages, such as the property search site hosted by the Commonwealth Bank of Australia.
Harvard Business
MAY 31, 2018
I went with the pizza, but my lack of choices was annoying — so much so that, when I got home, I started looking into the data on health and travel for work. According to the Global Business Travel Association and American Express , Americans took more than 500 million domestic business trips in 2016.
Successful Independent Consulting
MAY 31, 2018
Yet my bank account says I’m a millionaire. If I see money in my bank account, even if it’s my savings account, I get looser with my spending. Knowing this and knowing that four times a year I had to make big tax payments, I set up a “sweep account” with an online bank, not my day-to-day bank. How did I do this?
Harvard Business
SEPTEMBER 29, 2016
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.
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