Moneta’s Post

Undergraduate Wall Street Bootcamp | May 29 - 31 | Virtual https://lnkd.in/gHvFXAZ5 The Undergraduate Wall Street Bootcamp gives interns and undergraduate students the skills they need to excel in upcoming internships. The content is derived from intern training programs we deliver at top investment banks, asset management, and private equity firms. We teach real-world applications of finance theory in a way that brings corporate valuation and financial modeling to life, bridging the gap from theoretical coursework covered on campus. We focus on the valuation and financial modeling techniques used every day by experienced professionals, teaching them with the assumption of little to no prior knowledge.

Dear connections, I'm excited to share a significant milestone in my journey - the successful completion of my Live Trading Internship program at Fintech Education.📈💹 This experience has been nothing short of transformative, expanding my horizons in the world of finance and stock markets. 🚀 📊 Mastering the Basics: During this internship, I delved into the fundamentals of the stock market, gaining insights into how it functions, the art of IPOs, and reading market dynamics through candlestick patterns. It's incredible how these fundamentals form the bedrock of successful trading. 💡 📈 Live Trading Adventures: My internship wasn't just about theory; it was about taking those principles into the live trading arena. I learned the art of buying, selling, and short selling shares in real-time, making decisions in the heat of the moment. The adrenaline rush and the invaluable lessons were unforgettable. 📉💰 📈 Technical Analysis Mastery: A highlight of this journey was mastering technical indicators like MSCD, ATR, and Bollinger Bands. These tools provided me with the insights needed to make informed trading decisions. 📊📈 💰 Beyond Trading: My internship journey extended to explore topics like taxation, forex, and even touched on the intriguing world of swap treaties. These additional insights into the financial landscape broadened my understanding. 💰💱 📈 The Art of Selection: Learning how to select the right shares to buy or sell was a key focus. It's not just about trading; it's about trading wisely. These skills will undoubtedly guide my future decisions in the financial markets. 🎯📊 🏆 Excellent Performance: I'm proud to share that I received recognition for my excellent performance during this internship. It's a testament to the dedication and hard work that went into this experience. 🌟 As I reflect on this journey, I'm immensely grateful to my mentors and colleagues for their guidance and support. This internship has not only shaped my professional path but also ignited a lifelong passion for financial markets. I look forward to applying these skills and knowledge as I continue to grow in this dynamic field. 🌐 Thank you for being a part of my journey, and I'm excited to stay connected as I embark on new challenges and opportunities in the world of finance. 🤝💼 #FintecheducationInternshipprogram #LiveTrading #FinancialMarkets #TechnicalAnalysis #FinanceJourney

How do you get into High Finance with such fierce competition?   #HighFinance #Networking #JPmorgan #Blackstone 🤔 Thinking about breaking into the world of high finance? Here's a reality check for you: - JP Morgan received almost half a million applicants for their internship program 😱 - Blackstone only accepted 170 out of 60,000 applicants 📉 So, what does it take to get into high finance? It's a tough nut to crack, but here are a few tips to increase your... Source: https://lnkd.in/gbE-mJX6 #mymetric360

🎓 December Commencement at USF: Rodrigo Bueno de Los Santos graduates this week, a semester early, with a degree in finance, an economics minor, and a full-time job as an investment banking analyst for Bank of America in New York. Bueno de Los Santos, who played on the soccer team, talks about how USF prepared him for a career. 💭 What were your internships like? Last year, I interned at a private equity firm in San Francisco called VMG Partners. It gave me the foundation of the finance world, and I learned a lot. It was a professional environment, but the majority of the people working there were young so I could see how finance professionals worked and interacted with other colleagues. After my internship with VMG, I applied to a bunch of banks for an investment banking internship this summer and went through 10 interviews. I ended up choosing Bank of America in New York. 💭 What was the internship at Bank of America like? That internship was much more demanding. I got in every day at 8:40 a.m. and I did not know what time I was going to leave. It was a different perspective. I’m glad I did it, because it was out of my comfort zone and that’s the only way I’m going to grow. I was trying to get a full-time offer, so I was really trying to give my best effort every day. In the end, I did get a full-time offer from Bank of America to work in investment banking in New York. 💭 How has USF prepared you as a working professional? The entrepreneurial finance class helped me, because it’s about making a lot of presentations and today I have to make a lot of presentations. My finance classes also helped introduce me to the foundations and the formulas. One thing that really helped me, though, were my friends and classmates. We got together and practiced interviewing with each other. It was nice and helpful because everyone benefitted. I told the person I was practicing with something they were able to learn, and they were able to tell me something that helped me. More at USF News: https://bit.ly/47ODXTE

week 3 Learning at my summer internship 🚀 1. Diving into the intricacies of mutual funds ,their types, and working has been enlightening! Mutual funds pool investor capital to diversify across assets, managed by professional fund manager 🏦 2.Understanding tax slabs helps in strategic financial planning, highlighting how different income levels impact taxation and investment 💼 3.Exploring portfolio Management service (PMS), I have learned they offer customized investment solution. 4. Delving in to the derivative market revealed how these financial instrument derive value from underlying assets, providing ways to hedge risks or speculate. #internship By PIBM

Yesterday, I was able attend an info session hosted by the Vanderbilt Finance Club with Point72 and was able to meet with a lot of great people including Brian Mulvihill, CPA, Martin Zinny, and Andrew McEntire who were part of Point72 and I was able to get some great takeaways about breaking into finance and getting a job on Wall Street. Here are some of them: 1. Getting the basics down (doing well in class) Before trying to get an internship at some place like Point72, get your basics down and this includes having a good GPA. This was definitely one of the biggest things that was repeatedly emphasized throughout the Q&A and I think for good reason. The thing is, doing well in school goes a long way. Displaying academic excellence in the classroom always looks good no matter what. While you may know everything about finance, but are unable to show that you can do well in a classroom setting and get the basics of doing assignments and studying for exams down, it can be tough to get an internship because it shows you're not doing the essential daily tasks. 2. Come in prepared. Know basic knowledge of finance. Know what an investment bank is (private equity, wealth management, etc), know what the magnificent 7 stocks are, and surprisingly, know the ins and outs of the website. Although these are things that may sound basic for someone interested in finance, it's surprisingly not and a lot of people come in for interviews without knowing these things only to get stumped by the first question: what is the S&P 500 at right now? Knowing the ins and outs of a bank's website was also heavily emphasized because when asking basic questions that can be answered simply by looking at their website, it shows you're not prepared and don't care enough about the job. 3. Be a stock junkee. Read your finance news on WSJ, Bloomberg, whatever. Join investment club, join finance clubs, go to banks' info sessions, show that you display interest and also do it for yourself so that you can learn more about finance by surrounding yourself with it everyday. These are all definitely things I'm still trying to learn and do, but hopefully this helps you :) #finance #point72 #vanderbiltuniversity #financenews #economic #financeinternship #financeintern #point72internship

Over this spring term, I completed an internship with Pinnacle Associates where I learned some of the techniques for determining asset allocation. Whereby, it is important to ask the client questions regarding their time horizon, upcoming expenditures, and risk tolerance. Based on their answer we can decide how to better allocate the assets and when we pick equities, we model them after the 11 sectors of the S and P 500. When selecting stocks we utilized two strategies: active management and passive indexing. With active management we have to make an effort to avoid idiosyncratic risk.    In addition to using passive indexing and asset management, we look to further diversify our stock portfolio by examining large cap stocks representing companies with a market capitalization more than $10  billion. Another way to diversify a portfolio, is by looking at value and growth styles of investing. We can also diversity in the holdings we have within the US and outside the US.   The third technique I learned to diversify a portfolio is by buying bonds and there are two risks that come with them. The first is credit risk  and to avoid this try to pick bonds with a BBB (investment grade) rating or higher. The second risk is interest rate risk which means since bonds trade like stocks every day, they are susceptible to interest rate fluctuation. To avoid interest rate risk, simply hold the bond to maturity. When selecting bonds it is important to look at its coupon or interest rate. The relationship between interest rate and bond pricing is inverse.  Within bonds there are three types; corporate, government, and municipal. The way we diversify bonds is by the ladder amount, meaning bonds have different maturity dates.   Lastly, I learned a general overview on how to pick stocks. Using indicators such as price to earnings, credit rating, net leverage, dividends, shareholder yield, free cash field, and revenue. I would like to thank Pinnacle Associates, Ltd. Associates and Timothy Piacentini, CFA for all of their help and guidance over these past several weeks. This experience helped to expand my knowledge of finance and the asset allocation of portfolios and I look forward to taking this knowledge to my summer internship at Ridgetop Research in NYC. 

🌟 Wrapping Up My 6-Week Financial Trading Internship! As the curtains close on my enriching 6-week Financial Trading Internship, I am filled with gratitude and a wealth of new knowledge. Successfully completing my Level 5 Advanced Diploma in Financial Trading, I'm proud to have furthered my expertise in a field that is both challenging and exhilarating. 🏆📚 A heartfelt thank you to Coskun Kilic, CQF, and Robert Russell for their exceptional mentorship. Your insights and support have been pivotal in my learning journey. 🙏 One of the key practices that enhanced my learning experience was maintaining detailed trading diaries every day. This discipline allowed me to track my progress, reflect on my decision-making processes, and understand the outcomes of my trades. It's been a transformative tool in developing a meticulous and analytical approach to financial trading. 📘🔍 A memorable moment was my accurate guess of the Non-Farm Payroll figure, coming incredibly close at 200k against the actual 199k, leading to a friendly £10 win from Robert Russell. This experience wasn't just about the win, but a testament to the skills and knowledge I have gained. It's moments like these that add a bit of fun and real-world application to the learning process. 🎯💷

Good advice for anyone at any age.

The Undergraduate Wall Street Bootcamp gives interns and undergraduate students the skills they need to excel in upcoming internships. Upcoming Course Dates: - Toronto: May 1 - 3, 2024 - New York: May 29 - 31, 2024 - Virtual: May 29 - 31, 2024 Register Here: https://lnkd.in/g3kwhgdj Day 1: Financial Statement Analysis Day 2: Corporate Valuation Day 3: Financial Modeling The content is derived from intern training programs we deliver at top investment banks, asset management, and private equity firms. We teach real-world applications of finance theory in a way that brings corporate valuation and financial modeling to life, bridging the gap from theoretical coursework covered on campus. Topics focus on valuation and financial modeling techniques used every day by experienced finance professionals. No prior modeling experience is required.