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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business

If you’re not a numbers person, finance is daunting. ” Joe Knight, a partner and senior consultant at the Business Literacy Institute and the coauthor of Financial Intelligence , says that an absence of financial savvy is “career-limiting.” Stop avoiding finance because you’re afraid of numbers.

Finance 70
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Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

Over the last few decades, countless risky financial products were sold to investors using harmless sounding terms like “credit default swap”, “mortgage backed security”, “special purpose vehicle” and “off-balance sheet financing”. Get Email Updates (It’s Free). -- Australia’s premier consulting blog. Categories.

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Overcoming Data Collection Challenges in Consulting

Tom Spencer

During one of my recent consulting experiences, I received a piece of advice from my supervisor that saved our engagement. His advice was specific to consulting, but applicable to other areas of business too. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78
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Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

This includes analyzing a company’s financial statements, such as its income statement, balance sheet, and cash flow statement. One of the key responsibilities of an equity researcher is to conduct financial analysis. With the help of equity researchers, investors have better data to make more informed investment decisions.

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What is a Healthy Company?

Markovitz Consulting

Similarly, one of the primary drivers of GE’s fall from grace was the reckless pursuit of profits from its financing operations. It’s a lot more than a healthy balance sheet, although that’s certainly a necessary—but not sufficient—precondition. What makes for a healthy company?

Company 124
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M&A deals – benefits and drawbacks

Tom Spencer

Many consulting, corporate strategy, and corporate development roles require the interviewee to go through an M&A case study. If there are debts owed by each organization, then the M&A process may increase the total balance sheet debt of the combined company. Image: Pixabay.

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Banks – Industry Overview

Tom Spencer

Investment banks are split between capital markets and corporate finance (also known as investment banking). Investment Banking – Capital Markets (Wholesale Banking) and Corporate Finance. Banks have huge balance sheets well in excess of their equity value due to all deposits being liabilities – the balance sheet is the business.

Banking 12