Career Advising and Planning Services Caps.uchicago.edu 773.702.7040 August 2005
Information courtesy of The University of Chicago, Graduate School of Business
Do you know what an income statement. attention to detail.nytimes. but thoroughly. which has excellent news covering the latest M&A. the techniques and ratings that are used to rate equities are similar to the methods used by investment management professionals. corporate finance within a company. there are varying cancellation fees if you decide not to take a class after registering. in the form of a daily email. Graduate School of Business
.careers-in-finance.com and log-in (with username: Maryd@uchicago.edu/categories.Industry Roadmap – Financial Services
Understand the industry
Financial services include many different sectors including investment banking. and shows leadership and self-initiative. Read the Wall Street Journal Daily. Although each sector within financial services is quite different all functions require sharp analytical skills. and cash flow statement are? Do you know the key finance statistics that are used and how they are calculated? What are EBITDA. spreadsheet skills and an appreciation of all things “financial”. Learn to read it efficiently.morningstar. Read through an introductory book on Finance and Accounting to learn the basics.com/dealbook). various positions.7040
Information courtesy of The University of Chicago. Net Income. There is no fee to take a class. Go to www.uchicago. Price / Earnings Multiple and the Net Present Value of a Cash Flow. a desire to work with numbers.com
Prepare resumes and cover letters
Develop a resume that highlights a track record of success.edu/ and bizadvisor. Includes information such as skills required for each function. Additionally. Some good overview books include: Barron’s Business Review Series: Finance & Accounting McGraw Hill 36 Hour Course in Finance & Accounting 5. 3.
Keep up with news and learn basic about finance and accounting. 2. and links to other resources.702.vault. Also. Free resource.edu. consider attending one of the computer workshops sponsored by Networking Services and Information Technology. Morningstar is an excellent tool to learn about the analysis that is done by equity analysts.edu. www.uchicago.
caps. Do you know what it means to model in the workplace? The book “Excel Data Analysis” by Jinjer Simon is a good resource to refresh those Excel skills. hone computer skills
773.cfm?family_id=1. password: 123456). See additional materials on the CAPS website http://caps. Understand how Excel / PowerPoint / Word are used in the workplace. Vault Guide to the Top 50 Finance Employers CAPS Library.uchicago. Subscribe to New York Times Dealbook (www. www. balance sheet. More oriented towards investment banking but still provides great information for everyone interested in finance-related careers. Class options and class schedules can be found at: https://training. A two-month free subscription to Morningstar is available. 4. investment management and sales and trading to name a few. demonstrates analytical and problem solving skills.com Careers In Finance Overview Good website with overview of various careers in financial services. IPO and Private Equity and Venture Capital Deals. however. Be ready to prepare cover letters as well.
edu/aa. Financial Services Tip Sheet.vault. and going through lists of potential questions employers may ask. Vault Finance Interviews Practice Guide Heard on the Street CAPS Library.7040
Information courtesy of The University of Chicago.edu/login. CAPS also offers a mock interview boot camp series. www. A good understanding of the work environment will go a long way in answering “fit” questions during the interview process and will help you differentiate the firms to enable you to pick the one’s that best fit your personality.uchicago.vault. Company websites are great sources of information and many of the larger firms have structured hiring processes for undergraduates along with recruiting schedules. Also review “Walk Me Through Your Resume…” .702.html Chicago Student Network https://csn. www. available at the CAPS Library.com CAPS Library. You need to be able to: 1) have an understanding of what is entailed in the job. You must be able to take someone through your resume quickly and concisely while at the same time getting across all of your key strengths and successes. Graduate School of Business
. Visit bizadvisor.uchicago. http://www. Primary-Source Network with Alumni Network with Classmates Reference Materials Company profiles Vault Guide to the Top 50 Finance Employers WetFeet Insider Guide to the Top 25 Financial Services Firms WetFeet and Vault Company Guides Hoovers
Alumni Careers Network.edu
773. check UchicagoTRAK for job postings from companies that do not recruit on campus.com CAPS Library has company guides for many companies participating on-campus recruiting CAPS Library
Prepare for interviews
The best preparation is to practice taking mock interviews. www. 3) explain why you want to work for that company (in particular what makes it so appealing versus it’s competitors). 2) explain why you are suited for the job.uchicago.cfm CAPS Library CAPS Library. First-hand accounts of the company’s culture and philosophy can be best obtained by talking to UofC alum who are working at the firm. and Financial Services Skills Overview handouts.
Know who the dominant players within the sector are as well as all the companies that are going to participate in on-campus recruiting.uchicago.com CAPS Library
Find job opportunities
Participate in the On-Campus Recruiting (OCR) Program as well as attending career fairs.wetfeet. CAPS has practice interviewers on staff to conduct mock interviews.alumni. Also. You can schedule a practice interview by calling 2-7040.edu for details.
Goes through the theories used by a security analyst to forecast and model and company’s earnings. 1996. Graduate School of Business
Information courtesy of The University of Chicago. Details Soros’ rise as one of the most successful hedge-fund managers. A narrative by two MBAs who went into investment banking and discusses the environment within an investment bank. By Michael Kaufman. CAPS Library Book List http://caps.702.edu/resources/materials/books/jss.uchicago.uchicago. Liar’s Poker By Michael Lewis. Classic. best-selling investment guide. Non-Fiction A Random Walk Down Wall Street By Burton G. Good insight into the Sales and Trading lifestyle and it’s role within corporate finance at a bank. Forecasting Company Profits By Fred Wellings. Quite technical but good overview for those students interested in research careers.Additional reading
Fiction Monkey Business By John Rolfe and Peter Troob. Soros: The Life and Times of a Messianic Billionaire. Malkiel.html#eti