The Undoing Project and how behavioural economics ideas were shaped

The Undoing Project: A Friendship that Changed the World by Michael Lewis shows the way the friendship between the two gifted young psychology professors Daniel Kahneman and Amos Tversky laid the foundations of what we now call behavioural economics. Their ideas are everywhere; it’s almost impossible to find a book in the “smart thinking” section Read More …

Alpha Female – Citywire special report on women in fund management

Last year, Citywire published the Alpha Female – a special report on how far women have got in fund management and how they are performing. The report shows that women are under-represented in asset management:  women make up only one in ten of the individuals employed to look after investors’ money and just 7% of the funds sold to Read More …

Your career in Finance: typical reactions when you speak about it

People’s typical reactions when you speak about your career in Finance vary greatly depending on the area of finance you work in. Saying you work in almost any sub-section of finance gives a different impression: people would generally consider that: Traders love excitement; Investment Bankers are often master salesmen; High-frequency traders essentially applied mathematicians; Ops & Tech exactly like Read More …

All-night and late-night effects in the investment banking jobs

Working until the late night is a common habit amongst (young, especially) investment bankers. In fact, when you work in a stressful environment, the fear of not finishing before the deadline, making a mistake in a deliverable, failing to meet expectations and to impress your senior banker(s) keep you moving along. The incentive to perform well far Read More …

Why is there the opinion that jobs in banking/finance sector are “evil”?

From Old Testament to Ancient Greeks and Romans, from Ebenezer Scrooge to Warren Buffet: why are practices of banking and investing often perceived as evil? Distrust of banking and finance is, unfortunately, as ancient as civilisation. The Old and New Testaments of the Bible both contain clear injunctions against charging interest on borrowed money. The Read More …

Frequently asked questions about the required skills to get a finance job

In addition to the published explanation in our F.A.Q.s of the required skills to be successful in the City, today we’d like to detail some of the related frequently asked questions about the necessary “hot skills” of the finance field at the moment. “What areas should a university student master to be successful in the future?” Mainly, Read More …