Updated Articles and Resources
- IRR - What is IRRCreated: 2009-11-20 @ 00:55:45 EST
IRR, or Internal Rate of Return, is a special application of the logic behind NPV, or Net Present Value calculations. It is a commonly-used concept in project and investment analysis… - NPV - What is NPVCreated: 2009-11-20 @ 00:36:33 EST Updated: 2009-11-20 @ 01:01:55 EST
Calculating NPV is a method for evaluating projects or investments. It is an application of a fundamental concept in economics and finance called the Time Value of Money… - Capital Budget - What is a Capital BudgetCreated: 2009-11-20 @ 00:07:05 EST Updated: 2009-11-20 @ 01:19:47 EST
A capital budget includes planned outlays for long-lived assets that are expected to help generate income or support business operations over a number of years… - Flash Order - What is a Flash OrderCreated: 2009-11-19 @ 04:01:13 EST
Definition of a flash order, which is used in sophisticated trading strategies and which has come under severe criticism in some quarters… - Fluency - What is FluencyCreated: 2009-11-18 @ 15:28:16 EST
Fluency is a term in psychology that refers to the tendency of people to be more at ease with simple or familiar-sounding names and ideas… - Psychiatry - Finance and PsychiatryCreated: 2009-11-17 @ 16:20:45 EST Updated: 2009-11-18 @ 08:13:20 EST
Some psychiatrists and psychoanalysts are acting as consultants to businesses that are trying to improve group behavior within their organizations… - Dark Pool - What is a Dark PoolCreated: 2009-11-12 @ 04:01:10 EST
A dark pool is a trading venue in which large orders can be executed away from public view… - Contingent Job Offers - What are Contingent Job OffersCreated: 2009-11-08 @ 04:01:13 EST
Job offers may be contingent on subsequent investigations conducted by the company, such as background, reference and even credit checks. Negative results can result in withdrawal of the offer, or … - Employee Surveys - What are Employee SurveysCreated: 2009-11-06 @ 17:14:15 EST
Many companies regularly administer surveys to employees to gauge their level of satisfaction with their work, their supervisors, their pay and benefits, and the firm as a whole. Politically-savvy … - The 80-20 Rule - What is the 80-20 RuleCreated: 2009-10-28 @ 03:01:07 EDT
The 80-20 rule is a much-used maxim in business and finance. It is a popularization of the law of diminishing returns in economics. That is, as you put increasing effort, resources or inputs into a… - Mobile Banking - What is Mobile BankingCreated: 2009-10-21 @ 05:01:14 EDT
In many developing countries transferring prepaid mobile phone (cell phone) credits are being used as a way to move money more swiftly and securely than the antiquated and inconvenient banking, pos… - Layering - What is LayeringCreated: 2009-10-20 @ 04:01:12 EDT
Layering is a market manipulation technique that is related to spoofing… - Spoofing - What is SpoofingCreated: 2009-10-19 @ 04:01:14 EDT
Spoofing is a scheme to manipulate prices on securities markets by entering and withdrawing orders that the trader never intended to execute… - Layaway - What is LayawayCreated: 2009-10-15 @ 04:01:14 EDT
Layaway plans are an old means for helping consumers finance purchases. As opposed to credit sales, layaway requires the consumer to pay in full before taking possession of the goods… - Museum of American Finance - What is the Museum of American FinanceCreated: 2009-10-13 @ 09:00:22 EDT
The Museum of American Finance, an affiliate of the Smithsonian Institution located on Wall Street, bills itself as the nation's only public museum dedicated to money, finance and entrepreneurship… - Patent Trolls - What are Patent TrollsCreated: 2009-10-06 @ 04:01:13 EDT
Patent trolls are individuals or institutions that invest in patents for the stream of royalty income that they can provide. The trading of patents is becoming an increasingly important as an alter… - Consumer Finance - What is Consumer FinanceCreated: 2009-10-03 @ 03:04:59 EDT
Consumer finance is the umbrella phrase for financial management as applied to individuals and households. It includes such topics as budgeting, saving, investing, borrowing and risk management. Fo… - Accelerated MBA Programs - What are Accelerated MBA ProgramsCreated: 2009-10-01 @ 09:35:48 EDT Updated: 2009-10-01 @ 16:52:29 EDT
Accelerated MBA programs offer a degree after one year of study, rather than the traditional two. These may be worthwhile for students who are concerned about the time and expense associated with a… - Virtual Internships - What are Virtual InternshipsCreated: 2009-09-29 @ 10:46:53 EDT Updated: 2009-09-29 @ 11:01:41 EDT
Virtual internships involve work that is done entirely by computer and remotely, with no need to report to a physical work location. They save on travel and relocation costs, and allow maximum flex… - OneWire.com - What is OneWire.comCreated: 2009-09-27 @ 15:47:01 EDT
OneWire.com is a new job placement website specializing in finance. It claims to take a different approach than most of its more established competitors, and to be of more value to typical job seek… - Living Wills - What are Living WillsCreated: 2009-09-25 @ 10:24:09 EDT
In everyday usage, living wills are advance medical directives given by individuals in anticipation of contingency during which they may severly ill or injured and unable to speak for themselves. N… - Hyperopia - What is HyperopiaCreated: 2009-09-25 @ 09:13:45 EDT
Hyperopia is the technical medical term for farsightedness. It also has begun to be used in economic research regarding how people project the impact that choices made today will have on their futu… - Best Financial Companies for Working Moms - What are the Best Financ…Created: 2009-09-22 @ 16:19:53 EDT Updated: 2009-09-23 @ 15:15:24 EDT
Our Guide to Working Moms has compiled a list of the best companies for working moms, according to a survey released in Septmeber 2009. Many of them are in the financial services industry… - Risk Aversion - What is Risk AversionCreated: 2009-09-21 @ 15:27:27 EDT
Risk aversion is a manifestation of people's general preference for certainty over uncertainty, and for minimizing the magnitude of the worst possible outcomes to which they are exposed… - Pseudo-Requirements - What are Pseudo-RequirementsCreated: 2009-09-09 @ 16:13:44 EDT Updated: 2009-09-09 @ 21:04:17 EDT
As a screening device, an increasing number of companies are listing excessive and unnecessary qualifications in job postings. Called pseudo-requirements, these are merely devices to reduce the poo… - Nudging - What is NudgingCreated: 2009-09-04 @ 03:32:02 EDT Updated: 2009-09-04 @ 03:41:06 EDT
Nudging is a psychological term. It refers to the attempt to influence behavior by carefully selecting the choices that are presented to people… - Anchoring - What is AnchoringCreated: 2009-09-04 @ 03:15:17 EDT Updated: 2009-09-04 @ 03:33:11 EDT
Anchoring involves putting a number in someone's head, even an irrelevant one, to affect behavior. … - Dress For Interviews - How to Dress For InterviewsCreated: 2009-09-03 @ 16:50:40 EDT
Today many people, especially young people, show up for job interviews dressed in a highly unprofessional fashion. Here a fashion expert and an executive interview coach offer important advice on d… - Benchmarking - What is BenchmarkingCreated: 2009-09-03 @ 07:58:24 EDT Updated: 2009-09-03 @ 08:20:22 EDT
Benchmarking is an important method used in financial analysis. It involves finding useful points of comparison to put financial results into context… - High Frequency Trading - What is High Frequency TradingCreated: 2009-08-27 @ 04:01:07 EDT
High frequency trading is a computer-aided technique for exploiting fleeting price discrepancies and markeyt trends for profit… - CalPERS - What is CalPERSCreated: 2009-08-20 @ 11:49:16 EDT
CalPERS is the California Public Employees' Retirement System. The 4th largest pension fund in the world, and the largest in the U.S., CalPERS has long been a highly influential leader among instit… - CFO - What is a CFOCreated: 2009-08-19 @ 11:05:22 EDT
CFO is a common abbreviation for Chief Financial Officer. Pluralized as CFOs, it also can stand for Critical Few Objectives. … - Big Four - What are the Big Four Public Accounting FirmsCreated: 2009-08-18 @ 21:39:16 EDT Updated: 2009-08-19 @ 10:25:54 EDT
The Big Four public accounting firms dominate the sector in terms of both size and prestige. These are the accounting firms that are used by the largest corporations and nonprofits. The Big Four al… - iCon: Steve Jobs by Jeffrey Young and William SimonCreated: 2009-08-13 @ 12:22:05 EDT Updated: 2009-08-13 @ 16:00:25 EDT
How can someone with no technical expertise become a giant in the technology industry, widely recognized as one of the great innovators of our age? Largely by force of personality, despite a person… - Beer School by Steve Hindy and Tom PotterCreated: 2009-08-06 @ 04:01:13 EDT Updated: 2009-08-06 @ 09:06:46 EDT
The founders of the highly-regarded Brooklyn Brewery present the story of their company as an extended case study in entrepreneurship. Highly readable and engaging, [i]Beer School[/i] is an enjoyab… - Telephone Interviews - Passing Telephone InterviewsCreated: 2009-07-30 @ 04:01:10 EDT
Odds are high that, as a job seeker, you will have to pass a telephone interview before being invited to have an in-person, face-to-face discussion. Companies are increasingly reliant on telephone … - Venture Capital - Obtaining Venture CapitalCreated: 2009-07-23 @ 04:01:14 EDT
The crafting of business cases and pitch books depend heavily on input from financial people. In many cases, the finance staff produces these materials, especially in thinly-staffed small companies… - Financial Jargon - Mastering Financial JargonCreated: 2009-07-16 @ 04:01:10 EDT
Mastering financial jargon is an important way to make it immediately clear to other people in the field that you are an expert. This is especially critical when you need to make favorable impressi… - Financial Psychology - Studying Financial PsychologyUpdated: 2009-11-18 @ 15:39:49 EST
The study of psychology can be beneficial to many different career paths in finance, in a number of ways… - Jon Corzine - Who is Jon CorzineUpdated: 2009-11-04 @ 18:31:33 EST
Jon Corzine made a fortune as a trader and executive at Goldman Sachs, and rose to CEO. When he was forced out of this position, he turned to politics, self-financing extremely expensive but succes… - Financial Internships - Where are Financial InternshipsUpdated: 2009-09-29 @ 10:55:01 EDT
Financial internships are highly prized educational experiences and resume-enhancers. They also open doors to the best full-time entry-level positions in the industry… - HighTower Advisors - What is HighTower AdvisorsUpdated: 2009-09-28 @ 13:34:57 EDT
HighTower Advisors is a new financial services firm targeting high net worth clients. Launched on December 10, 2008, HighTower is recruiting experienced financial advisors who would like to run the… - Family Offices - What are Family OfficesUpdated: 2009-09-28 @ 13:31:40 EDT
Family offices are specialized financial services firms that cater to the needs of extremely wealthy clients… - GMAT and GRE - What are GMAT and GREUpdated: 2009-09-28 @ 12:53:33 EDT
For admission to MBA programs, the GMAT (Graduate Management Admissions Test) is getting increasing competition from the GRE (Graduate Record Exam) as an application requirement… - Wells Fargo - Jobs at Wells FargoUpdated: 2009-09-27 @ 20:17:37 EDT
Wells Fargo is based in California and a market leader in many western states, including Texas. The acquisition of Wachovia makes Wells Fargo a major national banking presence, and gives it one of … - Wachovia - Jobs at WachoviaUpdated: 2009-09-27 @ 18:12:24 EDT
Overview of career opportunities at Wachovia. Includes Wachovia Securities, a joint venture of Wachovia (62% owner) and Prudential Financial (38% owner) and augmented in 2008 with the acquisition o… - Financial Advisor ExperiencesUpdated: 2009-09-27 @ 15:45:47 EDT
Financial advisors fill key positions in the financial services industry, and are key drivers of profitability in major securities firms. Moreover, as the crucial interface between these firms and … - Quant - What is a QuantUpdated: 2009-09-21 @ 16:26:27 EDT
A quant lends expertise in advanced mathematical techniques to problems in finance, trading and investing… - Buy Side Analyst - What is a Buy Side AnalystUpdated: 2009-09-19 @ 02:11:31 EDT
Definition of a buy side analyst, a position within the field of securities research… - Stock Research - What is Stock ResearchUpdated: 2009-09-19 @ 02:08:18 EDT
Stock research and securities analysis involves the study of companies and their securities, producing recommendations on the desirability of investing in them. … - Sell Side Analyst - What is a Sell Side AnalystUpdated: 2009-09-19 @ 01:48:27 EDT
Definition of sell side analyst, a position within the field of securities research… - Must Reads: Essential Articles and Resources about FinancecareersUpdated: 2009-09-09 @ 16:35:03 EDT
- Public Accounting Firms - Jobs at Public Accounting FirmsUpdated: 2009-08-18 @ 21:44:03 EDT
Public accounting firms are vital cogs in the financial system and highly-regarded training grounds for professionals throughout the financial services industry, as well as in other industries. … - Sales Assistant - What is a Sales AssistantUpdated: 2009-08-18 @ 21:12:42 EDT
Essential information about entering a career as a sales assistant to a financial advisor… - Risk Management - What is Risk ManagementUpdated: 2009-08-18 @ 21:07:02 EDT
Risk management involves assessing and quantifying business risks, then taking measures to control or reduce them. The risk management function is especially vital in periods of market instability …