Fintech
A decentralized and distributed ledger technology that securely records and verifies transactions across multiple computers.
What is Blockchain?
The company’s primary record-keeper. They ensure all transactions comply with GAAP and are responsible for the accuracy of historical financial statements.
Who is a Corporate Accountant (or Controller)?
The primary treasury task of ensuring a firm has enough cash to meet its short-term obligations.
What is Liquidity Management?
Rutgers CFS was founded during this time.
What is Spring 2022?
Known as the "bottom line," this is the total profit remaining after all expenses, interest, and taxes are subtracted from revenue.
What is Net Income?
Digital or virtual currencies that use cryptography for security and operate on decentralized networks based on blockchain technology.
What is Cryptocurrency?
This future-focused role manages the company’s annual budget and performs variance analysis to explain differences between planned and actual spending.
Who is an FP&A Analyst?
Short-term U.S. government debt obligations with maturities of one year or less.
What are Treasury Bills (or T-Bills)?
This committee is responsible for organizing events and building relationships with professionals.
What is the Corporate Relations Committee?
A common proxy for operating cash flow, this is calculated by adding interest, taxes, depreciation, and amortization back to Net Income.
What is EBITDA?
A fully digital or online-only bank that offers financial services without traditional physical branches.
What is a Neobank?
Known as the "cash commander," this professional manages the firm's liquidity, bank relationships, and foreign exchange (FX) risk.
Who is a Treasury Manager?
The practice of combining bank account balances into one central account to maximize interest.
What is Cash Pooling?
These four committees make up the structure of CFS.
What are Finance Committee, Corporate Relations Committee, Marketing Committee, and Internal Operations Committee?
This is the total cash available to both debt and equity holders, calculated before accounting for any interest payments.
What is Unlevered Free Cash Flow?
A set of rules that allows one software application to interact with another, enabling seamless integration between systems.
What is an API (Application Programming Interface)?
This strategic role evaluates internal investment opportunities and R&D projects by calculating metrics like NPV and IRR.
Who is a Corporate Development Associate?
Using derivatives like forwards or options to reduce exposure to price or currency fluctuations.
What is Hedging?
Name one professional who attended the last CFS event.
Who is Nuran Sercan / Mary Elgayar / George Grube / Sierra Ingalls / Saniya Bagewadi
This valuation method determines a firm's "intrinsic value" by discounting forecasted future cash flows back to the present using the WACC.
What is a DCF (Discounted Cash Flow)?
A framework where fintech startups can test innovative products under relaxed regulatory oversight before full approval.
What is a Regulatory Sandbox?
The firm's internal "watchdog" who ensures SOX compliance and verifies that risk management controls are functioning to prevent fraud.
Who is an Internal Auditor?
The legal contract between a bond issuer and lenders detailing the debt's specific terms and covenants.
What is a Trust Indenture?
CFS highlights these three core career paths within corporate finance.
What are Controllership, Treasury, and FP&A?
This analysis determines the maximum price a financial buyer can pay for a company while still hitting a target Internal Rate of Return (IRR).
What is an LBO Analysis (Leveraged Buyout)?