Over winter break, I finally found the time to process how HBS had impacted me during the first four months. I found myself grateful for new friends and for the intellectual development received in the classroom. I had grown as a person, which is to be expected when one is placed in such an intense… Continue reading Navigating The Labyrinth
Tag: banking
The I-Banking Job Search Process
This piece is based on experiences gained over the last few weeks, during the official EC Hell Week process. It is clouded by the current job search environment. In the event that the economy turns around, most of these tips will not be essential, but still useful. First of all, to those of you in… Continue reading The I-Banking Job Search Process
Overview of Investment Banking
What is investment banking? Depending on who you ask (including i-bankers themselves), you will get somewhat different answers. Broadly speaking, investment banks provide a gamut of financial and advisory services to corporations, institutions (both private and public) and even individuals (usually high-net-worth ones.very high). There are generally three or more distinct business areas that major… Continue reading Overview of Investment Banking
Credit Checks and the Finance Job Search
Maybe in college you got a little crazy with your new credit card and forgot to pay off a few bills. Maybe a few years later you started a web site to sell rutabagas online but filed for Chapter 11 instead of an IPO. Maybe after that, you got divorced and your spouse refused to… Continue reading Credit Checks and the Finance Job Search
CareerTalk
For the past year we have been hearing about the new wave of B2B and B2C: “Back to Banking” and “Back to Consulting”. The question on the minds of many EC students is which of these options to go for. Given the weight of this decision in determining quality of life post our HBS honeymoon… Continue reading CareerTalk
OB Still Going Strong
They say a picture is worth a thousand words. That is what I’m banking on because, although I’ve been guilted into writing another one of my fabulous section articles, I’m pretty short on time (that should read, I don’t have a job, so I can’t justify taking time out to write a Harbus article). So,… Continue reading OB Still Going Strong
Bob Rubin Speaks to Select MBA Journalists
While many ECs were slaving away at their summer internships and the RCs were relishing their final weeks of vacation, a group of only nine writers and editors from the nation’s top business schools met at Citigroup for an intimate breakfast meeting with former U.S. Treasury Secretary Robert E. Rubin. Robert (“Bob”) Rubin, currently a… Continue reading Bob Rubin Speaks to Select MBA Journalists
Reflections on the HBS Experience
So here we are – two years older, close to 1,000 cases wiser, and at least $50,000 poorer. And yet somehow, there is something about being here that has made us richer. It goes beyond the diplomas we’ll receive to display our newly minted, hard-earned MBAs. It goes back to that first day of Foundations… Continue reading Reflections on the HBS Experience
F Does Charity
Beating out a five hour tete-a-tete with Arnaud Saint-Sauveur and even a full body massage by Emma Herbert, Sachin Palod’s lap dance surprised no one by being far and away the highest grossing item at the Section F auction, raising $3,400 to help starving children in Nigeria. Aah, the things we do for charity. (Disclaimer:… Continue reading F Does Charity
Club B Looks Forward to Summer Internships
While many students in the 2003 cohort have expressed concern about the availability of many “traditional” summer internships, Section B members are excited at the prospect of following the road less traveled. In fact, many Club B-ers have already accepted jobs well outside the realm of banking and consulting. “I was planning to accept a… Continue reading Club B Looks Forward to Summer Internships
Recruiting Snafus: What Not to Say to a Recruiter
So, which did you prefer – the lifeless interrogation rooms at Chase (easy escape) or making idle conversation in “reception” rooms at the Doubletree (comfy internment)? Either way, it is what happened during the interviews which results in the most giggles all up and down the hallways of Aldrich. During our heady week of selling… Continue reading Recruiting Snafus: What Not to Say to a Recruiter
To Intern or Not? That is the Question
The real world reared its ugly head over the last few weeks, as cohort students began to think about their lives outside of the HBS bubble. In pursuit of August internship positions, approximately half of the cohort interviewed with a range of consulting and investment banking firms. After the interviews concluded, the response from the… Continue reading To Intern or Not? That is the Question
Governing by Obfuscation?
Obfuscate-verb; To make so confused or opaque as to be difficult to perceive or understand; To render indistinct or dim (The American Heritage Dictionary of the English Language, 3rd Edition) So there I was, trying to calculate the adjusted capital cash flow using the venture capital method for some case, when I realized that I… Continue reading Governing by Obfuscation?
Business School Basics at Cyberposium
Tim Koogle, CEO of Yahoo! is sure to draw a crowd, regardless of the state of the Internet economy. He is the leader of one of the most successful Internet ventures of this era and if anyone should know how to kick off an event like Cyberposium it is he. I was curious to see… Continue reading Business School Basics at Cyberposium
Recruiter Newsflash
The Harbus is pleased to offer this service in conjunction with Baker Library to brief you on the weekly business news highlights of the main HBS recruiters. The news is taken from The Wall Street Journal Interactive Edition and aims to provide a weekly summary of articles that can be followed up in greater depth.… Continue reading Recruiter Newsflash
The Nobility of Business
I was having a conversation the other day with a good friend about the culture of investment banking. I used to work at an Investment bank in London and I was describing some of the less palatable memories of my experience which I thought reflected a part of the general culture of investment banking. I… Continue reading The Nobility of Business
A Cold Day in Hell
Ok, so maybe it’s Hell Week, not actually hell, but you get the idea. I decided that the best way for people to cope with the trauma of the upcoming week would be to share in the misery of others. With that in mind, I interviewed a couple of classmates to get their stories of… Continue reading A Cold Day in Hell
Student Seeks Work/Life Balance; Career Services Unsure How to Proceed
(Wilder House) RC student Chad Souter threw Career Services for a loop last Thursday when he told his career counselor that the most important thing he wants out of a job going forward is a strong work/life balance.“When my counselor, Joan Diaz, asked me to define what I think work/life balance means, I told her… Continue reading Student Seeks Work/Life Balance; Career Services Unsure How to Proceed
Summer Job Reports
Company name: Corporate AmericaJob title: Finance InternAvg. hours per week: 40 Responsibilities: Starting right fielder for the Finance Gangstas softball team. Sometimes played left field if Joe was traveling. Also, I had to do some activity-based costing project. Career plans: I want to return to Corporate America but I’m not sure about the Finance department.… Continue reading Summer Job Reports
HBS Research Shows Wall Street Settlement Flawed
Here at HBS, most of us know our professors from the classroom. However, they lead a double life, teaching case studies by day while solving the world’s problems under the cloak of night. Actually, this isn’t much of an exaggeration. Groundbreaking discoveries are common at Harvard Business School. Although students may not hear about them,… Continue reading HBS Research Shows Wall Street Settlement Flawed
John Mack on the Current State of Wall Street
John Mack is getting softer, and he thinks that Wall Street is coming along with him. At least, so he said to an audience of HBS students on Monday, October 20 in Spangler Auditorium. In a speech hosted by the HBS Finance Club, Mack, the CEO of Credit Suisse First Boston, spoke about the improvement… Continue reading John Mack on the Current State of Wall Street
She Thinks/He Thinks
More complicated than the imperial board in the Shad TOM exercise, the delicate interplay between the female and male HBS minds is a well observed and yet totally undocumented phenomenon. Thus, I have decided to delve deeply into the psyche of the two genders, examining their intricate thoughts in situations we can all relate to.… Continue reading She Thinks/He Thinks
Salomon CEO pulls a crowd
The resurgence in investment banking as a career path from HBS was evident as over a hundred students packed into Aldrich 209, where a standing room only crowd listened to Mr. Michael Carpenter, Chairman and CEO of Salomon Smith Barney and the Head of Citibank’s Global Relationship Bank. Mr. Carpenter, a 1973 graduate of HBS… Continue reading Salomon CEO pulls a crowd
THE BURNING QUESTION
Welcome back to The Question. Not much has changed, except for my worm deck to skydeck relocation within Aldrich 10. Quick! Pop quiz!The approximate temperature in the Aldrich 10 skydeck is:a) Jamaica hotb) Africa hotc) The same temperature as Hell Yes, it’s warm, but I still love our old room. So let’s move on to… Continue reading THE BURNING QUESTION
To Work Or Not To Work?
To work or not to work? That is the question. Perhaps it was my first day here at HBS that I started to feel pressure to find a summer internship. My first suspicion that things were not looking good came at a career fair in September. Several of the companies canceled and left us staring… Continue reading To Work Or Not To Work?
Summer Job Reports
Company name: Corporate America Job title: Finance Intern Avg. hours per week: 40 Responsibilities: Starting right fielder for the Finance Gangstas softball team. Sometimes played left field if Joe was traveling. Also, I had to do some activity-based costing projects. Career plans: I want to return to Corporate America but I’m not sure about the… Continue reading Summer Job Reports
Culture & Wall Street: No Longer Just An Urban Legend
As investment banking becomes increasingly commoditized, the keys to ensuring a sustainable competitive advantage will be innovation and creativity, which in turn will be driven by attracting and retaining bright and motivated employees. Unfortunately, while investment banks have traditionally excelled at managing their financial capital, they have struggled with managing their human capital. But change… Continue reading Culture & Wall Street: No Longer Just An Urban Legend
Spreadsheets n' Bedsheets:
It was one of those sultry South Beach nights and all the HBS people were going to Bed together. The lounge, that is. Of course, like any bored dork, I was sure to get my mileage out of this brilliant play on words, which I’m sure I was the first to think of. Here I… Continue reading Spreadsheets n' Bedsheets:
News in Brief:
Members of the HBS Democrats Club returned to campus last week, filled with the very same passion and delusion that led them to begin their club last year. “Even though it’s only our second year of existence, we’re not letting that stop us from employing advanced recruitment techniques to round up all those closet Democrats… Continue reading News in Brief:
Real-life Crisis
In a disastrous development, Hopeless Business School has reported that its students have begun to apply course concepts in real-life. Completely blindsided by this shocking development, the HBS administration is now working hard to mitigate the spiraling crisis. Talking to The Harbus on this crisis, Li’l Kim, a senior administrative authority at HBS, said yesterday,… Continue reading Real-life Crisis