The Difference between Mergers and Acquisitions

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Mergers and Acquisitions
Image: investopedia.com

Financial professionals use the online resources provided by GoBuyside in order to connect with companies seeking top talent. GoBuyside users may seek positions in many areas of finance, including financial advisement, investor relations, and corporate development.

The corporate development team plays a key role in any successful organization because these professionals drive the growth of the company through strategic financial decisions, often through the orchestration of mergers and acquisitions. While mergers and acquisitions both relate to the consolidation of multiple businesses or company assets and are referred to as a pair, the two processes have a few key differences.

Typically, a merger refers to a transaction that takes place between two companies that are typically equal in size and who decide to combine assets and move forward under the moniker of a single company. Stocks formerly held in both companies’ previous names are relinquished in favor of one new stock, which is issued in its stead. Conversely, an acquisition refers to a process in which a larger company purchases and absorbs the assets of a smaller company, and the larger company’s stocks do not need to be reissued.

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Understanding Hedge Fund Investment

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GoBuyside
Image: gobuyside.com

Headquartered in New York City, GoBuyside is a tech-enabled recruiting service that assists qualified financial professionals in procuring employment with renowned companies. Individuals who utilize the services and tools provided by GoBuyside work in a range of financial sectors, including hedge fund investment management.

Catering primarily to high-net-worth clients, hedge funds use a variety of investment styles in order to create big returns for investors. The typical minimum hedge fund investment ranges from $500,000 to $1 million, which gives the financial professionals who make the investments more capital to work with and creates a more diversified portfolio.

The term “hedging” refers to the aspect of hedge fund investment that attempts to mitigate risk to the greatest possible extent. A hedge fund manager looks at market conditions in order to determine which strategies to use, and usually employs several strategies at once based on both domestic and international market research in order to generate capital. Common strategies include long/short equity, event driven, and global macro fund investment.

Major Financial Companies Adopt New Top Level Domains

JPMorgan Chase
JPMorgan Chase

 

To assist companies in finding high-quality talent, GoBuyside Inc. utilizes a wide network that spans hundreds of cities and thousands of firms. Headquartered in New York City, GoBuyside serves professionals as a resource for networking, finding job opportunities, and forging strong careers with companies in the financial industry.

Recently, several of the world’s most renowned financial companies have adopted new website addresses to reflect the growing trend of Top Level Domains, or TLDs. Companies such as JPMorgan Chase, IG Group, and Barclays Bank are in the process of transitioning from the typical “.com” domain to personalized “dot brand” web addresses. Barclays made the switch last year; for example, and clients can now find it at http://www.home.barclays.

These TLDs have seen a rise in popularity among financial institutions because they are a marketing advantage that help companies work proactively against intellectual property infringement. Some unique domains also offer a level of cybersecurity protection. The new domain “.bank” was established by the global finance community and can only be designated to companies that are recognized as legitimate banks by the global banking community.

What Pre-MBA Candidates Are Looking for in Their First Company

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GoBuyside
Image: gobuyside.com

GoBuyside is a network of investors and finance professionals from more than 10,000 firms around the world. GoBuyside specializes in hedge fund, corporate development, and private equity pre-MBA and post-MBA recruiting.

Future investment bankers and consultants are often recruited years before their employment contracts begin. According to a survey from GoBuyside of pre-MBA candidates, private equity firms began recruiting in early 2015 for positions that began in the summer of 2016. Hedge funds began hiring first-year students even earlier, in late 2014.

According to the same survey, prestige is the most important factor for pre-MBA students in choosing their first firm, followed by the firm’s track record. Compensation and the firm’s location came next. Business school placement and work/life balance were the lowest factors on the list.

Goldman Sachs, Bank of America Merrill Lynch, and Morgan Stanley were the top three work locations of pre-MBA candidate survey respondents. Those three companies comprised 23 percent of the combined candidate survey respondent pool, according to GoBuyside’s 2015-2016 survey.

Three Top US Cities for Finance-Industry Job Seekers

New York City
New York City

 

Headquartered in New York City, GoBuyside provides its finance-industry clientele with the opportunity to network, find job opportunities, and access resources that will help them build strong careers. GoBuyside’s database includes more than 10,000 firms in 400 cities.

In 2015, the National Association of State Boards of Accountancy, Inc., published a list of the Top 15 Cities for Finance Careers. Among them were:

– San Francisco. In close quarters with Silicon Valley, San Francisco is a good choice for finance professionals whose interests lie within the technology sector. The area has a high concentration of Fortune 500 companies and a robust startup presence.

– Boston. Fidelity Investments is based in Boston, and the city is known for attracting a large number of asset management professionals. Because asset management is not as strongly dependent on market fluctuation as careers in trading or investment banking, the financial job market tends to have more stability in Boston than it does in many other major finance cities.

– New York City. New York City is known colloquially as the Finance Capital of the World, and many aspire to work on Wall Street. The Big Apple is also the location of headquarters for corporations like Morgan Stanley, Goldman Sachs, and Merrill Lynch.