Microeconomic Theory

Behavioral

Group Overcoming — talk about group at Credit Suisse when Dylan got sick 2 days before our giant presentation. Overcome obstacle: we met the nights before in our NYU dorms to get his part down. Hard work and delegating the tasks equally among us. 

Strengths— 

Problem solver, I like being put in tough situations to solve problems — talk about hiking in Austria and lost our path (12 of us, getting dark) and I spotted power lines. GK Honor society — problem of not having enough funds, bc the exec board wasn’t very active, so we resort to new kinds of raising money— Concessions at games, selling robsham tickets. 

Time management— talk about involvement at BC— I like to be kept busy! 

Leadership skills — TA and Golf Coach

Comm Skills: I would very well with others of different backgroudns and ages. Spanish marketing Team member expemplified this — able to interact with people. 

Weaknesses 

Nervous before public speaking— something that is really helping me with this is teaching the german class and holding large office hour review sessions. 

Not good at delegating work — I am a perfectionist, so I like to make sure every detail is correct/ the way I think it should be. In my finance class, english majors and work suffered because I didn’t give away the reigns. 

Not big picture focused: I can do indvidual tasks, but often not relate them to a bigger context or goal

Biggest Failure: Lack of communication in a team project that I worked on in my Freshman Statistics class. We were assigned groups and individual tasks, but after we initially discussed it, I just took my part and worked on it alone. The day before the due date, we had a team meeting, but found out one member had gotten sick and his part was done poorly. The project was rushed and it was my worse grade in college. Since then I learned that communication between team members is just as important as the work itself. Even if I’m not team leader, check-ins are necessary to make sure everyone is on track. At credit suisse, I worked on a team to advise mcdonalds, and two days before our big presentation, one of our team members had to fly home for a family emergency. Because we were all constantly talking and working together, we could make sure our final project was up to par, we just had to present his part. 

How would your best friend describe you: Hard working, outgoing and careful (put a lot of thought in decisions)

Technicals:

Why IB: Lindt and Russel Stover 

EBIT= operating income of the company! Revenue * GP Margin less operating expenses 

EBIT + D/A = EBITDA (hides CapEx and working Cap) 

Enterprise Value: Market Cap (Dilutive EV) + Debt, Non-Controlling, Convertible - Cash   —> Net Debt = debt - excess cash 

Investment Bankers: agents and help advise in M&As, raise debt and equity, help restructure firms, advise on capital structure, earning commissions. 

Accounting: 

To appear on the Income Statement: it must correspond to the period shown on the Income Statement only and it must affect the companies’ taxes. Revenue, COGS, Operating Expenses, Other Income/expenses, Taxes and NI. 

Link the 3 statements:

        1        NI from the bottom of the income statement becomes the top line of the cashflow statement. 

        2        Add back the non cash expenses from the Income Statement (and flip the signs of items such as gains and losses).

        3        Reflect the changes in operations BS items, if an asset goes up, CF goes down and vice versa. If a liability goes up, CF goes up as well.