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Leveraging Artificial Intelligence in Finance

Tom Spencer

In the ever-evolving world of finance, where data analysis and informed decision-making are vital, the emergence of artificial intelligence has proven to be a transformative force. NLP is revolutionizing this process by streamlining data collection and analysis.

Finance 78
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Big Data: An Opportunity for Data Scientists & Data Analysts

Tom Spencer

Data is a precious thing and will last longer than the systems themselves”, Tim Berners-Lee, inventor of the World Wide Web. The above statements encapsulate the promise and possibilities that data offers. Data Proliferation. quintillion bytes of data every day , the equivalent of more than 100 gigabytes per person per year.

Data 88
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Overcoming Data Collection Challenges in Consulting

Tom Spencer

Our analysis was impossible without extensive internal data and financial statements. When we asked the client to provide the needed data, they ghosted us. Lacking data can lead to confusion, ambiguity, and incomplete results. This may be because the client doesn’t have the data or doesn’t have the time to collect it.

Data 78
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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
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Choosing Management Consulting as a Career

Tom Spencer

When a mistake has been made, consultants will often speak to their managers or other members of the team to identify where they may have made a mistake and ask for assistance on how to fix it. Many consultants have a commerce (business, finance, and economics), engineering or technology background.

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Why Do Management Consulting Firms Hire MBAs?

Steve Shu Consulting

Prior to my current role, I spent many years in the traditional management consulting space. As I see it, the traditional segment of the management consulting industry values MBAs primarily because it facilitates a plug-and-play kind of model where people are interchangeable and can start working on a broad swathe of business problems.

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My Past Life as Director of Finance in a Management Consulting Firm

Management and IT Consulting

Finance is critical for supporting all areas of a management consulting firm from budgeting to cash management to financial reporting. The work finance does empowers the firm to succeed and make sound decisions based on relevant data.

Finance 40