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Archived threads in /biz/ - Business & Finance - 7571. page

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Hey /biz/ have a commercial banking interview soon for a major bank. small to mid size b2b accounts manager/analyst. looking for advice/commercial banking experience, etc. Already checkout internets and glassdoor and was not particularly helpful. majored in finance so thinking about hitting the books and doing some refreshing. what should i focus on? stats? accounting? basically just trying to get a sense of exactly what they're going to expect of me.
15 posts and 1 images submitted.
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No way to tell. If you're in college right now they wouldn't expect you to know a ton, but know these things:

1) Definitions of common terms in the area you're applying for. Don't be like the guy who told a hiring guy a Goldman he wanted to found a hedge fund, and then could explain what a hedge fund was.

2) Have at least a rough knowledge of where the main markets and a few key indicators etc. are, which way they're trending, what you think they're going to be doing in the next year. So they know you're interested.

Apart from that, they could ask you anything so just be relaxed and see what happens. I remember in my college interviews with the bulge brackets they took us out to lunch as well, so brush up on your table manners if you're a total robot.
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>>1071273
thanks anon. graduated uni already. no lunch that i know of.
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OH LOOK ITS WAGEKEK PROBLEMS THREAD NUMBER 294847847937

DOES IT SAY WAGEKEK PROBLEMS IN THE LIST OF TOPICS TO DISCUSS ON THIS BOARD?

DO YOU GET PAID A MONTHLY PAYCHECK?
ARE YOU CURRENTLY IN FULL TIME EDUCATION?

YES?

WELL FUCK OFF THEN THIS IS THE BUSINESS BOARD

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>if the poor were elevated to middle class inflation would skyrocket
>for money to have value there has to be a large working class
>there will never be a uptopian society

Why does it have to be like this
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because replicators and warp drives dont exist
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Soon robots will take all jobs. Since germany is doing it first it means they will put all ai robot labour profits into welfare. Soon only the upper class will have too work.
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>>1075466

Not really true, there are plenty of more equal societies than the US, for example, and they're not bedeviled by runaway inflation, or even a higher rate of inflation.

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What does it cost to maintain this style of hair?
I've got a 6 or 7 head maybe 8 head above my eyebrows.
12 posts and 4 images submitted.
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>>1075051
That hair looks like shit.

Just become balding and then dye it a really strange color and make your skin orange. There you go, you're into Trump mode now.
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>>1075059
>Just become balding
Well if my 8 head isn't there it's got to be there soon.
I'm not talking about skin color just hair here.
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>>1075082
What is a [number] head?

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What is the point of going to a ivy leauge school, then great business school, then unpaid intern for a year at goldman sachs just to have a shitty long career as an investment banker. long hours, low pay for what you dox and high suicide rates when you can just joina hedgefubd intern to associate at 17 and become a multi millionaire before 30? how do guys like this do it? they beat people who spend a decade in school, what makes that so exceptional?
15 posts and 1 images submitted.
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Holy fuck you dumb nigga. I don't even have time in the day to correct all your shit.
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>>1074795
>when you can just joina hedgefubd intern to associate at 17 and become a multi millionaire before 30?
Getting a foot in on the buyside is typically more demanding than getting in on the sell side though.

>multi millionaire before 30
extremely rare
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Charisma, hard work ethic, connections, and a little bit of luck. Why do you think every business major and his brother wants to join a fraternity? Connections connections connections. You can be the valedictorian of your Ivy League class, but banking and sales aren't gunna hire you if you interview like a dead fish.

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Guys I've noticed that bitcoins are cheaper now. I'm willing to buy few of them and sell it again when its value increases.

Should I do this? Do you think its price will be lower?

[Completely newbie on /biz/]
19 posts and 1 images submitted.
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Yes. Buy lots and lots of bitcoins. You will become rich.
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>>1074322
You smell like a troll... The question is serious, I know it's not like that to make profit with bitcoins but I'm a newbie and would like to learn something with you guys
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>>1074318
>Do you think its price will be lower?

Absolutely no one knows.

Some think the value of BTC will rise on the long term (because governments will get more and more restrictive with moving money overseas, tax evasion, payments in cash, etc.).

Some think BTC will go down to $0 because it's a scam and/or will be replaced by superior alternatives.

That's it. Now, for the short term, no one can predict anything, and those who do predict stuff are, in reality, just as clueless as you.

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As a project, I'm supposed to come up with a new business idea and find out to what extent it could be profitable. The idea is there, it doesn't even matter if it's that innovative as long as i can prove i can make money out of it. I'm planning on doing an online survey and the like but new ideas as well as a good place to post said survey are appreciated as well.
Pls halp
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>>1073998

24 hour toilet plunger delivery. Discretely deliver plungers anywhere in the city at any time. Even at 2 AM on Christmas day.

"Getting you out of shifty situations since 2016"
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Start a dick sucking business. With an initial start-up cost of $25 for a good set of knee pads, at $1 per dick, you will make all your money back after sucking only 25 dicks. Every dick sucked after that is pure profit.
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>>1074021
This actually seems quite a good idea.

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How much of a POS would I be to drop from 12 credits to 9 and pocket $1000 of the money my grandma gave me for university costs?
For whatever reason, going from part-time to full-time (9 credits to 12 credits) includes an extra like $400 fee that I don't want to pay, and obviously you add in the book cost, it ends up being about $1000 just for a 4th class.
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>>1073262
pretty big one

But i did the same thing before(kind of, it's related), pretty dick move to lie to your family members desu anon.
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>>1073276
basically, she's giving me like $2900 to pay for this semester. it's all online and I can't find any decent 4th class that would be worth it. It's all on my debit card, so nobody would actually know and it'd sit in my checking account. She doesn't seem to care at all and expects all of the money to be used.
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>>1073262
What are you studying

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Could I sue this company? I have a close family member who is a lawyer. She funded a specific type of event for me a few months ago (she invested, i organized) , without getting too specific this other company was putting together a nearly identical event, very close to the date of mine. Theirs was first so Im not saying they copied me at all. But they told people on social media lies about my event to lure people to going to theirs instead. I've been getting bullied by them ever since and they talked a lot of shit. But I just want to know if I could sue them for this? I spent a lot on my event (not gonna say how much but it was well over 5k usd) and lost a bit of money afterwards (i made back about 80%) so I was thinking I could blame them for this. Might be a lot of drama but they stress me out a lot and I just want it to be over.
4 posts and 2 images submitted.
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Btw the close family member is one of my parents. They wont charge me
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>>1075178
If you can prove they harmed you but you're out what, roughly 1K? That's small claims territory. Put it this way, if you told Judge Judy your story and backed it up with printouts of their social media "lies" do you think she would side with you? If she sided with you how much do you think she'd award you? Then decide if it's worth it to go ahead.
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>>1075178
>not telling everyone on social media they are harassing you

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If you were again going to take college (or a certification) RIGHT NOW what degree would you pick and why?
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>pick my degree

Fuck off
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dick sucking
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Aboriginal and Torres Strait Islander Studies.
low supply of graduates and massive salary

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Britain leaves the EU:

1. The GBP will go south
2. The euro goes south
3. Everything remains the same

so /biz/?
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If Britain leaves the EU we will be screwed. Those europeans will crucify us. And china will cease to give a fuck.

The pound will need to plummet just to keep our heads above water.
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>>1073161
1, because the scots wants to leave UK and join EU.

With Failmeron and his constant pig disgusting derailments out of the picture, EU may work to get a more pyramidal structure - someting that may strengthen the Euro.
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>>1073179
Unfortunately for you cunts britain will never leave the EU. There's too much money at stake. If nessesary you'll see MI5 taking helicopter loads of ballot boxes full of votes to leave out to the north sea to dump them.

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How to I make money on the stock market?
7 posts and 2 images submitted.
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Invest across many areas.
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>>1075369
Buy high sell low
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>>1075369
Buy low sell high

B.A. Economics with a 3.57 from a state school graduating in december

done econometrics


how screwed am I?
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>>1075214
you're ok, just don't expect the world at your feet
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tfw should have listened and done accounting or finance
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bamp for advice

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Who here has "working knowledge" of SQL? Im interested in learning it because I think its something I would benefit from but I'm curious as to what kind of commitment it would take to get to a working level. Is it something I could get down in a few months or would it take years? What are some good resources to learn (free or cheap preferably)?
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you can learn enough to write queries to databases in a few days

learning enough to design your own dbs will take much longer
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Querying data is easy. Designing, maintaining, and ensuring data integrity is not.

What exactly do you want to know?
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learning enough to design your own dbs will take much MUCH longer

possibly a week

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here goes. So I decided to try out a business idea. specialty cosmetics in canada aiming at canadians specifically (at least for now but maybe with the exchange rate US makes sense too?). I've now got a small amount of stock and intend to set up a tictail store to see if I can move this stuff. I was thinking to give 4chan ad banners a go but I'm not sure if a) that's the greatest idea and b) which board would be the best bet (thinking /soc/ since the banners might last longer and possibility of females).

I obviously want to specifically target Canadians at this stage since that's where I am and ideally the type who might be interested in cosmetics (girl or guy with a girl). The other option is asking friends and using facebook maybe to get myself out there. It's a phase 1 test to see if I can sell all of it and make a profit so it's not a serious advertising problem yet. But I kind of wanted to see what potential 4chan had for something like this maybe. Thoughts?

pic related. kind of stuff I'm talking about.
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Canada is a different market than the US, so we have different preferences and tastes, you're going to have to research that and see how consumers buy their stuff and why they buy that there

If you don't have much money, i'd definitely try to leverage social media as much as possible (twitter, instagram, facebook, pinterest, Tumblr, etc). Get your friends to test spread through word of mouth. Look at going to where your target market goes like cafes (if your product looks like pic, i'd try bubble tea shops), areas where you think your product would sell

Now, another option to test out waters is via kick starter campaign, try getting like 5k from there or something, see what people say if your product is cool enough

Another thing, since your canadian, I would definitely try to put it onto an online shop like ebay or Amazon and sell to customers in the United states. Our dollar is so weak, they'd be paying 40 percent less than what Canadians are paying. So a 9 dollar item would be like 6 dollars. That's why a weak dollar is good for people exporting stuff. Hopefully the dollar goes back up, and you'd be making good money
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>>1075134
You can use Google alerts to find new web pages about what your selling, some but not all of them will allow you to comment a link to your website. So you might enter "cosmetics" or "beauty" etc.. and just leave a comment asking to go to your website.
Can be tedious but its targeted and free.
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>>1075201
looked into amazon at least and man oh man do they take a bite out. a friend's brothers designs websites so he said for about $3000 he'd do it. Seemed the easiest way. Yeah the US exchange rate is not to be ignored. Plus it's over 5x the business in terms of population. I got into this because I had such a hard time buying as a customer I thought I could make a better experience so that'll be my angle. Just dealing with these wholesalers, jesus christ it's such a shit show... glad I'm buying in bulk at least so I have to deal with these idiots less....

>>1075203
will keep in mind. ex was suggesting using bloggers to promote with giving them free products. so essentially cosmetic whoring.


Anyone have any thoughts on whether advertising on 4chan would make sense? I figure there must be at least a few people with girlfriends.

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This may come off as retarded, but I gotta ask. How do authorities know a pump and dump scheme is happening? Everything that happens in that scam is a completely reasonable follow-through.
Brokers push a stock, its their job. The stock inflates. Any person holding shares of a rich stock will then sell them off to make a quick profit. This is all reasonable. The only thing is these fraudsters aren't gambling with the stock market. They know they're gonna make money. But authorities wouldn't know that. How do they catch these guys?
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>>1074943
>But authorities wouldn't know that. How do they catch these guys?

Giving illegal financial advice("pumping" a stock without disclosing your holding in it, not being legally allowed to convince people to buy it, etc) and some guy buying HUGE volume of an otherwise dead stock a week before selling it all for an inflated price is sure to alert people.

>Gee this random stock just shot up 3800% in price over seemingly nothing, ok let's look at the records and see who has bought it literally just before this
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>>1074943
Doing too well raises some alarm bells and they pay people to investigate that shit.
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How is pumping and dumping illegal? Are you not allowed to get people excited about a stock that you have a big investment in? Isn't that how Oprah just made $12mil?

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