Investment Banking
Capital Markets are responsible for helping companies raise this.
What is funding/money?
This common spreadsheet is used to build forecasts inside most finance departments.
What is Microsoft Excel?
Someone close to retirement usually wants a portfolio with this level of risk.
What is low risk?
Sales & Trading desks buy and sell these on behalf of clients.
What are securities?
Private Equity firms invest in companies that are not traded on this.
What is the stock market?
Banks often help a company sell itself by running this type of transaction.
What is M&A?
Corporate finance teams help companies plan their money by making these yearly documents.
What are budgets?
Wealth manages build portfolios using a mix of assets such as stocks, bonds, and sometimes this physical commodity.
What is gold?
When trading assets, a trader has to buy and sell at slightly different prices known as this.
What is the bid-ask spread?
Private credit firms mainly provide these to companies instead of buying them.
What are loans?
This is the entry level job for new professionals in the banking industry.
What is an analyst?
Managing cash that flows in and out of the business is known as managing this.
What is working capital?
This common type of retirement account lets investments grow tax-deferred for individuals.
What is an IRA or 401(k)
Traders watch this index closely because it summarizes the performance of the largest U.S. companies.
What is the S&P 500?
PE analysts often review company financials to understand ____, how the company makes money.
What is the business model?
Pitchbooks, a common output for new professionals, include 3 kinds of analysis: Company Overview, ____, and Valuation.
What is industry analysis?
What is the cash flow statement?
Asset managers aim to "beat the market", which is also known as generating ____.
What is alpha?
When a trader reduces a position to limit potential losses, they are managing this.
What is risk (exposure)?
A core goal of PE deals is increasing this value over time for investors.
What is equity value?
Investment bankers often perform a ____ analysis that is used to evaluate the equity value of a company.
What is a DCF?
When evaluating long-term investments, corporate finance teams estimate future cash flows using this analysis.
What is capital budgeting (NPV analysis)?
Wealth managers must consider taxes on investment gains, known as this, when planning withdrawals.
What are capital gains taxes?
Traders monitor this pre-market indicator to see how investors feel before the trading day begins.
What are futures?
PE analysts look for companies with steady demand and strong cash flow because it makes borrowing money for a deal easier through this.
What is leverage?