Do you know all terminologies used by investment bankers? Below will illustrate two of them, which are common and must-learn terms if you want to devote yourself to this industry.

💡Mergers: The process of raising capital by means of selling bonds or shares, such as IPO, on behalf of corporations or other legal entities. Clients will be marketed to investors to acquire the capital.

Below are 3 types of underwriting:

1⃣Firm commitment: The underwriter agrees to purchase all the issue and bear full liability for any unsold shares.

2⃣Best efforts: Underwriter is committed to selling as much issue as possible…

In recent years, investment banks have started recruiting graduates who did not study business in university. But what actually contributes to their qualifications of being an investment banker and makes them comparable with those who majored in business?

💡Financial modeling and valuation are what investment banking work pivots on. No matter if they are responsible for underwriting or M&A advisory services, analysts and associates have to spend an enormous amount of time using Excel to make advice to clients and complete deals.

The primary skills required include:

1⃣Financial modeling: Perform various financial modeling activities, for example, 3-statement models, discounted cash…

It is a prevalent dream for most, if not all, business students to work in an investment bank upon graduation, either for their own interest or in pursuit of a high salary. But do you really know what an investment bank is?

Below will summarize the information about investment banks in a bid to familiarize you with this industry.

💡Investment banking appears as either a division of a bank, or a financial institution. …