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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. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78
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Internal Strategy: Lessons Learned (1 of 2)

Tom Spencer

I initially started out my career in management consulting, exited to an internal strategy team in industry, and pivoted back to consulting. Performing sum-of-the-parts (SOTP) analysis to estimate the firm’s valuation in 2025 following a shift in the business focus and its overall contribution to the enterprise.

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5 Entrepreneurship Skills You’ll Get from an MBA

Tom Spencer

MBA candidates have the opportunity to acquire a multitude of skills that are applicable to a variety of industry and managerial positions. The school environment helped them develop networks that played a key role in launching their enterprises. One of the less pursued career paths is that of an entrepreneur. Final thoughts.

Ethics 88
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PM vs PMM: Where do you fit?

Tom Spencer

In technology and software companies, there are product management (PM) and product marketing management (PMM) roles. They both focus on a product, so how do they divide the tasks that need to be done? So, what happens to other tasks like product strategy? People often ask, what is the difference between the two roles?

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

Harvard Business

If you’re not a numbers person, finance is daunting. After all, if you’re trying to sell a product or strategy, you need to be able to demonstrate that it is both practical and high margin. Stop avoiding finance because you’re afraid of numbers. “Finance and accounting are very simple. .”

Finance 28
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Dinged From MBB Consulting Firms – Now What?

Management Consulted

If you are an undergrad who has been turned down for a summer internship at MBB, going in to finance is your next best bet. In addition, having a finance internship under your belt shows that you’ve got the necessary quant skills to succeed in consulting. For the Pre-MBA level, finance should be your last option.

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Oliver Wyman interview preparation: the inside story

Management Consulted

At its start, Oliver Wyman capitalized on the deregulation of the financial services industry. They seized this opportunity to establish a firm that would help firms gain clarity about their business models, products, and clients and then advise them by creating long term strategies. Industrial Products. Public Policy.