Market lingo
This "bovine" term describes a market where prices are rising or are expected to rise.
What is a Bull Market?
This 10-to-12 week program is the primary way MBA students secure a full-time offer, often focused on a specific project within a firm.
What is an Internship?
This is the central bank of the United States, responsible for setting interest rates.
What is the Federal Reserve (The Fed)
This is the three-digit number that lenders use to determine your creditworthiness.
What is a Credit Score?
This 2013 Martin Scorsese film, starring Leonardo DiCaprio, depicts the rise and fall of Jordan Belfort and his fraudulent stock brokerage, Stratton Oakmont.
What is The Wolf of Wall Street?
This 4-letter acronym represents a company’s earnings before interest, taxes, depreciation, and amortization
What is EBITDA?
This professional certification is often considered the "gold standard" for investment professionals and requires passing three levels of exams.
What is the CFA (Chartered Financial Analyst)?
This "Oracle" is the famous Chairman and CEO of Berkshire Hathaway.
Who is Warren Buffett
This type of retirement account allows you to contribute after-tax dollars, meaning your withdrawals in retirement are typically tax-free.
What is a Roth IRA?
Located at 11 Wall Street in Lower Manhattan, this is the world's largest stock exchange by market capitalization.
What is the New York Stock Exchange (NYSE)?
This 3-letter term refers to the first time a private company offers its stock to the general public.
What is an IPO (Initial Public Offering)?
This term describes the vertical movement of an employee to a higher-level position with more responsibility and higher pay within the same company.
What is a Promotion?
This index tracks the stock performance of 500 of the largest companies listed on stock exchanges in the U.S.
What is the S&P 500?
This is the specific cost of borrowing money or the reward for saving it, typically expressed as a percentage of the principal balance.
What is Interest?
Created by the mysterious Satoshi Nakamoto in 2009, this was the world's first decentralized cryptocurrency.
What is Bitcoin?
This is the practice of spreading your investments across various assets to reduce total risk.
What is Diversification?
This 3-letter credential is held by professionals who specialize in accounting and are licensed to provide auditing services.
What is a CPA (Certified Public Accountant)
This individual currently serves as the 16th Chair of the Federal Reserve and is responsible for leading the committee that sets U.S. monetary policy and interest rates.
Who is Jerome Powell?
This is a qualified, company-sponsored retirement plan that allows employees to contribute a portion of their wages to individual accounts on a pre-tax basis.
What is a 401(k)
This is the specific term for the value of an asset on the balance sheet after all accumulated depreciation has been subtracted.
What is Net Book Value?
This term describes a startup company valued at over $1 billion.
What is a Unicorn?
This is the specific term for an informational meeting where a student speaks with a professional to learn about their role and "break into" a specific company.
What is a coffee chat?
This is the legal document filed with the SEC that provides a comprehensive summary of a company's financial performance annually.
What is a 10-K?
This is the "magic" mathematical effect where the interest you earn on your money also begins to earn interest over time.
What is Compound Interest?
This 3-letter term describes an investment strategy where an investor "bets" that a stock's price will fall by borrowing shares and selling them, hoping to buy them back later at a lower price.
What is a Short (or Short Position)?