TAILIEUCHUNG - Vault Career Guide to Investment Banking - 2005

What is investment banking? Is it investing? Is it banking? Really, it is neither. Investment banking, or I-banking, as it is often called, is the term used to describe the business of raising capital for companies and advising them on financing and merger alternatives. Capital essentially means money. Companies need cash in order to grow and expand their businesses; investment banks sell securities to public investors in order to raise this cash. These securities can come in the form of stocks or bonds, which we will discuss in depth later | Vault Career Guide to Investment Banking is made possible through the generous support of the following sponsors Banc of America Securities Higher Standards BEAR . STEARNS SG The media s watching Vault Here s a sampling of our coverage. For those hoping to climb the ladder of success Vault s insights are priceless. - Money magazine The best place on the web to prepare for a job search. - Fortune Vault guides make for excellent starting points for job hunters and should be purchased by academic libraries for their career sections and university career centers. - Library Journal The granddaddy of worker sites. - . News World Report A killer app. - New York Times One of Forbes 33 Favorite Sites - Forbes To get the unvarnished scoop check out Vault. - SmartMoney Magazine Vault has a wealth of information about major employers and jobsearching strategies as well as comments from workers about their experiences at specific companies. - The Washington Post A key reference for those who want to know what it takes to get hired by a law firm and what to expect once they get there. - New York Law Journal Vault provides the skinny on working conditions at all kinds of companies from current and former employees. - USA Today V ULT the most trusted name in career information

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