Asset-backed Commercial Paper -- CP, collateralized bond obligations --CBOs and repackaged asset vehicles are the other growth areas. This job calls for a good blend of spreadsheet skills, accounting and legal expertise. Derivatives get their worth from options, swaps and futures which are instances of derivatives. This is a highly profitable business whose demand for skilled practitioners has been extremely high. Here the skills demanded are in mathematics particularly the stochastic differential equations. Advisory services are extended by the investment banks in favor of public and private banks participating in M&A & financing. This job demands evaluation of client's value, options for creation of value or on a client's industry conditions. (Investment Banking: Job Options)
References
Businesses. Retrieved at http://www.lehman.com/business/. Accessed on 30 August, 2005
Corporate Finance: Salaries. Retrieved at http://www.careers-in-finance.com/cfsal.htm. Accessed on 31 August, 2005
Financial Planning. Retrieved at http://www.morganstanleyindividual.com/planning/financialplanning/. Accessed on 31 August, 2005
Goldman Sachs JBWere Private...
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