Technology has had a major impact on the finance industry in recent years. This evolution has created a unique space called financial technology, or fintech, that has involved the rise of such tools as cryptocurrency, robo advisors, and personal finance apps, among many others. This rapidly changing environment has shifted how consumers interact with their financial institutions. People can now automate transactions from anywhere in the world and access their banking information any time of day. With over 26,000 fintech companies around the world, according to 2021 data from Statista, many people may be wondering how to get into fintech […]

Tables of Contents How Financial Models Are Used in BusinessTypes of Financial ModelsHow to Build Financial ModelsCommon Financial Modeling TechniquesHow to Learn Financial ModelingFinancial Modeling: A Fundamental Skill for Financial Analysts Financial modeling is the use of accounting, finance, and business measurements to create abstract representations of an organization’s financial situation. However, that simple definition doesn’t really explain what financial modeling is or why it’s such a critical tool for business decision-makers. The best way to illustrate financial modeling is by citing examples of how the models drive nearly all aspects of day-to-day business operations. A company uses a linear […]

A sound investment portfolio should contain a diverse mix of assets. Putting money in different kinds of investments, such as stocks, bonds, real estate, and commodities, spreads risk. There’s even room for more speculative investments. In the 20th century, it might have been wildcatters drilling for oil (and not always finding it). In the 1990s, it might have been internet stocks. Today, it’s cryptocurrency (also known as crypto). In considering cryptocurrency vs. stocks, investors must balance comfort and risk. Investors in digital currencies have had to live with wild swings in value. The roller-coaster ride of stock value can be […]

Tables of Contents Investment banking DefinitionInvestment banking salaryHow to get into investment bankingPrivate equity vs. investment bankingConsulting vs. investment bankingOther investment banking career Companies call on investment bankers to help them manage their finances. Whether a company is issuing stock, developing a game-changing technology, or looking to finance a facility’s expansion or other large capital investment, investment bankers offer the services and support to make it happen. To answer the question, “What is investment banking?” consider that in a typical working day, an investment banker may perform any of these tasks, as The Balance Careers explains: Help companies raise funds […]

Business and finance are two of the most powerful forces that drive current and future markets, products, and services. These two fields affect economies, individuals, and entire nations — and they offer endless opportunities for aspiring professionals who are interested in making lasting change. A degree in either business or finance marks a strong first step to a distinctive career. Business degrees enable professionals to develop a broad set of skills that are applicable to numerous specialties, increasing the likelihood for career advancement and leadership opportunities. Finance degrees also qualify professionals for a variety of career paths with the opportunity […]