If you're interested in breaking into finance, check out our ,Private Equity Course and ,Investment Banking Course, which help thousands of candidates land top jobs every year. Wilfrid Laurier University Investment Banking Placement Wilfrid Laurier University is a public research university located in Waterloo, Ontario. Laurier is well known for its business, economics, social work, and data science programs. Laurier ranks #6 on our Canadian investment banking target school list, earning itself a designation as a Canadian semi-target school. Laurier has consistent placement into investmen ..read more

If you're interested in breaking into finance, check out our ,Private Equity Course and ,Investment Banking Course, which help thousands of candidates land top jobs every year. University of British Columbia Investment Banking Placement The University of British Columbia is a public research university located in Vancouver, British Columbia, Canada. UBC is a highly regarded Canadian university, with notable programs in medicine, law, engineering, and business. UBC ranks #7 on our Canadian investment banking target school list, earning itself a designation as a Canadian semi-target school ..read more

If you're interested in breaking into finance, check out our ,Private Equity Course and ,Investment Banking Course, which help thousands of candidates land top jobs every year. University of Waterloo Investment Banking Placement The University of Waterloo is located in Waterloo, Ontario, Canada, and is widely regarded as the top engineering and tech school in Canada. Waterloo is recognized for its world-class engineering programs, but its business and finance programs have seen great strides over the past few decades. Waterloo is ranked #5 on our Canadian investment banking target school ..read more

If you're interested in breaking into finance, check out our ,Private Equity Course and ,Investment Banking Course, which help thousands of candidates land top jobs every year. University of Toronto Investment Banking Placement The University of Toronto is one of Canada's most distinguished universities, with a strong reputation in many different fields. UofT is one of the highest-ranked universities in the world, with top-tier programs in applied science/engineering, management, and public health. UofT is ranked #4 on our Canadian investment banking target school list, earning itself a d ..read more

If you're interested in breaking into finance, check out our ,,Private Equity Course and ,,Investment Banking Course, which help thousands of candidates land top jobs every year. Here is a collection of our best free and most popular finance recruiting resources: Investment Banking Investment Banking Target School List Complete List of Target School Profiles Investment Banking Coffee Chat Questions How Many Hours Do Investment Bankers Work? Private Equity How to do a Paper LBO Paper LBO Interview Question Private Equity Associate Salary Best Schools for Private Equity Placement Free E ..read more

If you're interested in breaking into finance, check out our ,Private Equity Course and ,Investment Banking Course, which help thousands of candidates land top jobs every year. The break-even point is a crucial financial milestone that signifies the point at which a company's total revenues equal its total expenses, resulting in neither profit nor loss. In simpler terms, it's the point where a business covers all its costs, and any additional sales or revenue generated beyond this point contributes to profit. Break-Even Point Formula To calculate the break-even point, you need to consider a fe ..read more

A business structure outlines the framework and dynamic in which a business operates. A business structure is also commonly regarded as a business entity or legal structure. A business structure defines the legal and operational boundaries of the business, stipulating how activities such as governance, taxation, liabilities, and profit-sharing are to be approached. Simply put, a business structure is the format or model a business adopts based on its goals, size, type of business, and more. Historical Context Business structures have evolved significantly over the years. The initial business m ..read more

Switching costs refer to the expenses a consumer must bear when changing from one product or service provider to another. It's not just about the financial aspect; these costs can also be time-consuming, emotionally taxing, or a combination thereof. Grasping the intricacies of switching costs is imperative for finance professionals, especially when assessing the long-term viability and profitability of companies. The Spectrum of Switching Costs: From Low to High Switching costs can span a range from Low to High. The more considerable the cost to make a switch, the more reluctant a consumer bec ..read more

While the term "bank" may conjure a monolithic image, the reality is far more nuanced. The world of banking can be broadly divided into: Retail Banks: Think of your local branch where you have your checking and savings accounts. For example, Wells Fargo and Bank of America are giants in this space. Commercial Banks: These cater to businesses, providing loans, treasury, and cash management services. Investment Banks: Institutions like Goldman Sachs and J.P. Morgan, which offer services in underwriting and M&A advisory. The profit-making strategies differ across these banks. Let’s dive int ..read more

The Income Elasticity of Demand (YED) studies how the demand of a good can change in response to a change in income. This is an important formula that helps explain common behavioral finance decisions among consumers. The Income Elasticity of Demand helps explain why there is a surge in luxury car sales during an economic boom and why budget-friendly stores attract consumers during recessions. Measuring Income Elasticity of Demand To determine the Income Elasticity of Demand, utilize the formula below: Categories of Income Elasticity of Demand The income elasticity of demand, based on its nume ..read more