finance & investment club september 19 th, 2012 pho 206 general meeting #2
TRANSCRIPT
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The 2012-2013 Executive Board
Christopher KovalikPresident
Knut KirchoffVP - Operations
Joseph McNiffVP - Investment Research
Xun Yao ChenVP - Investment Research
Stefan BellVP - Corporate Relations
Andrei TapligaVP - Technology
Ashwin TelukuntlaVP - Investment Management
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Introduction to the Finance Club at Boston University
Long-term Goals
Education To offer an educational, real-life opportunity for
aspiring investment professionals
Community To foster lasting relationships amongst our
membership in Boston University and beyond
Alpha To continue professional procedures to
maintain an alpha generating process
Growth Personal, career and fund growth
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Interview Guidelines
General tips:
Bring extra copies
List your GPA if it is above 3.0
Do not put periods at the end of sentences
Make sure they are relevant
Proper formatting:
http://www.mergersandinquisitions.com/investment-banking-resume-university-student/
Resume Tips
General tips:
Be properly dressed
Be specific, concise, and relevant
Send thank you letters
Strong hand shakes (Western Culture)
“Tell Us About Yourself”
Sets the tone for the rest of the interview
Introduce yourself
What makes you unique!?
Key points why you should be hired
Find out what potential employers want
Interview Tips
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Interview Guidelines (Cont’d)
Research and Analytical Skills Communication Skills Leadership Potential (especially for SA) Passion & Experience
You get different experiences as SA and IA
What were we looking for?
Four types of valuation?
Public valuation comparable
Discounted cash flow (DCF)
Merger and acquisitions valuations (also called transaction comparable)
Leverage buyouts (Private Equity firms use this)
There is also a fifth: liquidation value!
Sample answers
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Interview Guidelines (Cont’d)
I am a sophomore at Boston University, studying ____________. I participated in Finance Club as a ______, looking at ________ industry, where I
researched________ I believe I am well suited for this ________ position because 1. I have experience leading a
team through my academic project, and 2. I am passionate about investments, having interned _____ or made an investment in ________.
“Tell us about yourself”
…and now for the results of this weekend’s interviews.
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BUFC Investment Research 2012-2013
Investment Research Senior Analysts
Healthcare Raditya Purwahjo Roy TongMaterials Stafani Wan Andrew HuiConsumer Jeevan Parameswaran Margaret TherrienTechnology Evan Radkey Jimmy LuoIndustrials Jake Siegel Esther TayReal Estate Gwen Yang Christian WooTelecom & Media Paul Camomilli MJ VasquezEnergy David Sell Jeremy Lim
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BUFC Investment Management 2012 - 2013Investment Management Sector Heads
Vice President of Investment Management Ashwin Telukuntla
Head of Real Estate Investments Kento OkamotoHead of Technology Investments Vivian ChenHead of Consumer Investments Andrew WaltersHead of Industrial Investments Jeff TaylorHead of Materials Investments Yuzhao WuHead of Healthcare Investments Fadi HumaidHead of Telecommunications and Media Investments Maxim SkudarnovHead of Energy Investments Alex Puglisi
Investment Management Associates
Sector Specialization Malcolm AngusReal Estate, Technology, Sheng WangTelecommunications & Media, Arlind HoxhaHealthcare Stephen MashaalSector Specialization Kevin NgIndustrials, Materials, Ruby NimkarConsumer, Energy Samreet Singh
Brent Donenfeld
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Finance Club Resources (cont’d)
BU INVEST LOG-IN INFORMATION:
Username: bufcmember
Password: 12bu2012
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Resources
2012 Senior Analyst Guide BookOver 75 pages of information & how-to guides for valuation
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Finance Club Roles & Positions
President, VP Corporate Relations, VP Investment Management, VP Investment Research, VP Operations, VP Technology
Executive Board MembersResponsible for planning and executing
strategic direction of the club
Investment Management Focused Industries:
Materials, Industrials, Energy, Real Estate, Healthcare, Technology, Telecommunications & Media, Consumer Products, and Fixed Income
Responsible for finding investment opportunities across several industries within
teams.Investment Associates
Responsible for managing the Undergraduate Investment Fund, and its performance.Sector Heads
Investment Research Focused Industries:
Materials, Industrials, Energy, Real Estate, Healthcare, Technology, Telecommunications & Media, and Consumer Products
Senior AnalystsResponsible for engaging and training junior
analysts in creating quality investment research and presentations.
Junior AnalystsResponsible for researching and analyzing
industries and companies, working side by side with other junior analysts and senior analysts.
Talk
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ithin
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Finance Club RolesInvestment Management Focused Industries:
Materials, Industrials, Energy, Real Estate, Healthcare, Technology, Telecommunications & Media, and Consumer Products
Sector Heads
Responsible for covering current investment positions in each sector as well as identifying possible micro-sectors for
investment opportunities.
Associates
Responsible for making investment recommendations in certain sectors and micro-industries identified by Sector Heads.
Investment Research Focused Industries:
Materials, Industrials, Energy, Real Estate, Healthcare, Technology, Telecommunications & Media, and Consumer Products
Senior Analysts
Responsible for engaging and training junior analysts in creating quality investment research and presentations.
Junior Analysts
Responsible for researching and analyzing industries and companies, working side by side with other junior analysts and
senior analysts.
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Your Future in Finance
The Single Best Networking Opportunity of the Fall Semester
When: Saturday, September 29th from 8:15am to 4:15pm at SMG
Block 1: Exploring a Career in Finance, Managing your Career Progression, Global Career PerspectivesBlock 2: Valuation Analysis in Action, How to Pitch a Stock Idea, Techniques in Microsoft Excel
Block 3: Digging into the Details of Retail, Credit Analysis: Analysis, Relevance, and Non-Target Recruiting
Mock Interviews will also be held during Block 1
Register online by 9/21/2012, spots are full and a waiting list has been formed
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Day on the Job With the Equity Department @ MFS Investment Management
Friday, September 28 – 11am to 1pm
Who we are:- Boston-based global asset manager with 20 global offices and $285 Billion in assets under management
Our Equity Research Associate Program- Working on a sector team, our equity research associates assist analysts in recommending stocks to
portfolio managers. Associates assist heavily with building models, project-oriented proprietary research, and in meetings with company management teams. We have opportunities to work in multiple sectors and gain knowledge on stock-picking across industries, in an academic environment that encourages constant learning.
Enjoy pizza with us and learn about Investment Management at MFS- Meet our recruiters and learn about our recruitment process for the Equity Research
Associate Program- Hear from post-undergrad associates about entry into the field- Talk to post-MBA analysts about their stock-picking process- Listen to experiences from Portfolio Managers- Network with BU alums at MFS- Learn more about our culture ahead of recruitment
11:00-11:30am: Welcome with Managers of the Equity Research Associate Program11:30-12:00pm: Q+A with BU Alumni at MFS12:00-12:45pm: Lunch Panel with Equity Research Associates
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Day on the Job With the Equity Department @ MFS Investment Management
Friday, September 28 – 11am to 1pm
Who we are:- Boston-based global asset manager with 20 global offices and $285 Billion in assets under management
Our Equity Research Associate Program- Working on a sector team, our equity research associates assist analysts in recommending stocks to
portfolio managers. Associates assist heavily with building models, project-oriented proprietary research, and in meetings with company management teams. We have opportunities to work in multiple sectors and gain knowledge on stock-picking across industries, in an academic environment that encourages constant learning.
Enjoy pizza with us and learn about Investment Management at MFS- Meet our recruiters and learn about our recruitment process for the Equity Research
Associate Program- Hear from post-undergrad associates about entry into the field- Talk to post-MBA analysts about their stock-picking process- Listen to experiences from Portfolio Managers- Network with BU alums at MFS- Learn more about our culture ahead of recruitment
11:00-11:30am: Welcome with Managers of the Equity Research Associate Program11:30-12:00pm: Q+A with BU Alumni at MFS12:00-12:45pm: Lunch Panel with Equity Research Associates
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E-mail ([email protected]) with any questions
Today’s dinner spot:Scoozi
Next Meeting:Wednesday, 9/19 in PHO 206
Come in business casual; we have a speaker!
Next Steps
Come talk to us!