The four main areas of investment banking activity are Capital Markets, Advisory, Trading and Brokerage, and Asset Management. However, please be aware that not every bank engages in all of these activities. It is a matter of size, core competences, and strategy. Some banks are true global players and offer the entire spectrum of IB …
The Different Types of Investment Banking Strategies Read More »
Activity ratios (a.k.a. efficiency ratios or turnover multiples) measure how well a firm utilizes its assets and liabilities in its operations. Or, in lame terms, how effectively it converts its net assets into profits. The Balance Sheet Before we dive into the most important activity ratios, let’s briefly recap the balance sheet’s most important items. …
Ratios are a simple but powerful tool in the financial analyst’s toolbox. A ratio indicates how many times one number () contains another number () and is calculated by dividing by . Financial ratios can therefore be drawn out of any two line-items from a firm’s financial statements by dividing one item by the other. …
In one of our previous articles, we made a distinction between Corporate and Business Strategy. They define how a firm competes in the present. However, Strategy is not just about competing for today, it is also about competing for tomorrow. When we talk about the future, strategy becomes a dynamic concept, which allows top managers …
Defining a Company’s Vision, Mission, Goals and Values Statements Read More »
The Gross Domestic Product is solely based on market values, which makes it as volatile as the general price level changes over time. Considering the tremendous impact inflation has on the GDP figure, economists have started using two variations of GDP measures – nominal GDP and real GDP. What is Nominal GDP? The nominal GDP is …
What’s the Difference Between Nominal GDP and Real GDP? Read More »
Gross Domestic Product (GDP) is one of the most widely used macroeconomic measures. It indicates the overall strength of a given economy. It primarily represents an economy’s size, growth, and, overall, the standard of living in a country. What does GDP measure? The Gross Domestic Product of a country is defined as the total market …
So, you have inserted a chart in your document? But now you would like to format the graph professionally? Great! In this article, we’ll teach you how to do that step-by-step. Let’s suppose that this is the chart you have added. Throughout the years Microsoft have made some great improvements in the way Excel charts …
You have never created an Excel chart before? And you want to know how to start? Then this is the perfect tutorial for you. In this article, I will show you how to insert charts in Excel. Here’s a sheet with some data in it. Let’s say that I would like to create several charts …
In this article we will show you how to give a good-looking initial formatting to an Excel spreadsheet. Please feel free to download the spreadsheet files we will use in this article: This is how a blank sheet looks like when you open a new Excel file. What we want to do is to render …
INDEX and MATCH are two of the most interesting Excel functions. The INDEX function can return an item from a specific position in a list. The MATCH function can return the position of a value in a list. The INDEX / MATCH functions can be used together, for the purpose of extracting data from a …
INDEX and MATCH – the Perfect Substitute of VLOOKUP Read More »
