Tag: banking

Where in the World did you Spend your Summer–Veena Ramaswamy (OJ)

What: US Treasury Department Where: Washington DC What did you do this summer?I was working at the US Treasury Department for the Assistant Secretary of Financial Markets. What was your background prior to HBS? I was investment banking at Morgan Stanley, focusing on debt financings for US infrastructure projects. Why did you choose to spend… Continue reading Where in the World did you Spend your Summer–Veena Ramaswamy (OJ)

Books & Looks

Vivian Weng (NH), an RC student, recently launched the Mittenberry, a modern spin on the mitten. Worn normally, it looks and feels like a classic mitten. But a quick flip of the thumb flap allows the wearer to type and text on her device du jour. Lily-Hayes Kaufman (LHK): Would you say that Mittenberry is… Continue reading Books & Looks

Where in the World did you Spend your Summer–Atakan Hilal (OF)

The Harbus sat down with Atakan Hilal (OF), who returned to his home country of Turkey for the summer. Atakan came to HBS with four years of experience at Nestle www.replicabestsale.co.uk, a brand respected worldwide, and hoped to spend his summer trying his hand at consulting. He shared his frustration of being an international student… Continue reading Where in the World did you Spend your Summer–Atakan Hilal (OF)

Roger Altman, Evercore Partners Founder and CEO: The Entire Structure of Western Finance Will Change Over Time

On October 15, 2008, Mr. Roger Altman, Evercore Partners Founder and CEO, gave a speech in Spangler Auditorium about the long-term implications of the current financial crisis. Roger Altman is the Chairman and CEO of Evercore Partners. Mr. Altman began his investment banking career at Lehman Brothers in 1974. Beginning in 1977, he served as… Continue reading Roger Altman, Evercore Partners Founder and CEO: The Entire Structure of Western Finance Will Change Over Time

The “Harvard MBA Indicator” for the Next 100 Years

The Harvard MBA Indicator is a stock market indicator that uses job placement statistics at HBS to predict the stock market. As I listened to Dean Light and President Faust speak at the Business Summit, I decided that it may be time for me to create a new type of indicator more commensurate with our… Continue reading The “Harvard MBA Indicator” for the Next 100 Years

What the Financial Crisis Means To HBS

“It is an anxious time. A worrisome time. Probably even a dangerous time. It’s a historic time. A time that we will be teaching about in our classrooms for some time.” And so began Dean Jay Light presenting to a packed Burden Auditorium on Tuesday, September 23 for “Turmoil on the Street: Fathoming the Financial… Continue reading What the Financial Crisis Means To HBS

Inner Circle Sports Visits the Business of Sports Club

Boutique sports and entertainment investment banking firm Inner Circle Sports visits Business of Sports Club. RCs, remember making a valuation for the Tottenham Soccer Team for the Finance 1 Final? How exactly do you value a sports team with little public data, a large amount of intangible assets, and little to no comparables? This is… Continue reading Inner Circle Sports Visits the Business of Sports Club

HBS Team Takes 2nd Place Overall in the Annual National IPO Challenge Hosted by the Chicago Graduate School of Business

A team of five HBS students – Jason Kreuziger (OJ), Steve Davis (OJ), Benjamin Kramarz (NH), Ken Auspaker (NG), and Michael Jones (NF) – took second place overall out of approximately 70 teams in the annual National IPO Challenge hosted by the Chicago Graduate School of Business. This marked the best finish ever in the… Continue reading HBS Team Takes 2nd Place Overall in the Annual National IPO Challenge Hosted by the Chicago Graduate School of Business

2+2 Program: Have They Really Thought This Through?

Letter to the Editor Dear Harbus I’ve got a better name for the administration’s 2+2 program. Give Kellogg’s a call and see if you can use ‘Special K’. Allow me to explain. Current HBS students have no problem with you letting in 100 kids with no experience but please keep them away from us and… Continue reading 2+2 Program: Have They Really Thought This Through?

Ladies, please.

On February 11th 2003, a group of female Harvard students apparently ‘dismantled’ a nine foot high snow penis built by fellow (presumably male) undergraduates outside the Tercentenary Theater. The story was later picked up by the press, eliciting comments from journals as highbrow as The Economist, from which the following quotes are taken: “It was… Continue reading Ladies, please.

HSBC MD Eichhorst Discusses Banking in China

Gordon Eichhorst is Head of Industrials and Technology Sector and Managing Director, Global Investment Banking, Asia-Pacific for HSBC. Prior to moving to Shanghai, Mr. Eichhorst worked for Morgan Stanley in London as head of the Technology Banking Group for Europe. He earned his MBA at the University of Chicago Graduate School of Business in 1997.… Continue reading HSBC MD Eichhorst Discusses Banking in China

MBA IT To the Rescue

Picture this scenario. You have a flight to catch in one hour. Next week is Hell Week and you have materials to print from the online Vault Guide to prepare for your banking interview. You quickly jog to the printer in Spangler, swipe your ID card and press print. Wait a second. What is this?… Continue reading MBA IT To the Rescue

Zoe Cruz Delivers Remarks at Alma Mater: Discusses Success, Adversity and Change at Morgan Stanley

Equipped with the disarming candor that has earned her the distinction of “Cruz Missile” among contemporaries, Morgan Stanley’s Acting President, Zoe Cruz (MBA ’82), had several pieces of wisdom to share with those contemplating their own forays into financial services as recruiting season officially kicks off. What you’re learning in LEAD matters, having fun in… Continue reading Zoe Cruz Delivers Remarks at Alma Mater: Discusses Success, Adversity and Change at Morgan Stanley

Top 10 Differences between Consulting and Banking

10. In consulting, your bed is in a hotel in smalltown America. In banking, your bed is under your desk. 9. In consulting, your vocabulary is excluded to words like “granularity,” “value-add,” and “traction.” In banking, your vocabulary consists of “31.45 billion,” “9.28 times EBITDA,” “10.77 times EBITDA,” and “comps universe.” 8. In consulting, you… Continue reading Top 10 Differences between Consulting and Banking