Hello Robert, thank you for the respond on SBA, it helped me narrow the next step. I'm currently writing a business plan and it quite challenging because I gathered a lot of information, tools and don't know how to start. Please what do you recommend me to do ?
Hi Rob! Do you mind give me some advice on my career decision: Commercial Banking At BB Or Investment Banking At MM? I recently received two offers. One for Commercial Banking (generalist) at a BB in NYC, and the other for Investment Banking at a MM (in a decent group/industry) in the Midwest. I networked hard at both firms. Struggling to make a decision because I like the band name, location, and the work-life balance of the BB job, but I also like the more interesting work, the higher pay, and a possibly more relaxed, friendly culture at the MM bank. No interest in jumping to PE or pursuing an MBA in the future. Any suggestions on how to navigate through this situation? Thanks for your inputs in advance!
Great question, its tough one to answer. If I was starting out my career, getting proper training at a big BB and having exposure earlier on to direct client sales experience (ie. doing CB rather than IB) would be my priority, you can always go back to MM IB after 2+ years at a BB. In either case, you are blessed with two good options so you cant go wrong, its just a matter of preference and what types of skills you want to prioritize at this stage in your career. Congrats and good luck!
Hi, how do you treat capitalized cost on the balance sheet in m&a? Asc606 sends commissions to the BS and amortizes them over time. This impacts the ebitda...