Leveraging Baker Resources: Your Job Search in Finance

1. Leveraging Baker Resources: Your Job Search in Finance Cynthia Churchwell, Information Research Specialist October 16 and 20, 2008

2. So, you’re looking to land a job in Finance? • Areas we’ll cover today: • Overview of Baker Library | Bloomberg Center Web site • Industry Overviews • News and Trends • Information ON Investment Firms • Research BY Investment Firms • Investment Research Process • Rankings and Deals • Career Resources • Additional Resources

3. Baker Library | Bloomberg Center Website

4. Industry Overviews • Detailed overviews of over 50 industries worldwide. • Includes: “Investment Services,” “Financial Services: Diversified,” “Banking,” and “REITS.” • Reviews industry trends, how industry operates, key statistics, how to analyze company in industry, top players, and industry references. • Once in the database, select Industries from the menu bar. • Tip: Use PDF format. • Tip: Use Comparative Co. Analysis for Excel file. Standard & Poor's NetAdvantage http://www.library.hbs.edu/go/s_and_p.html

5. Industry Overviews • Detailed overviews of industries worldwide. • Includes: “Investment Services,” “Miscellaneous Financial Services,” and “Commercial Banks.” • Reviews industry trends, key statistics, top players, and industry references. OneSource Global Business Browser http://www.library.hbs.edu/go/onesource.html

6. News and Trends Factivahttp://www.library.hbs.edu/go/factiva.html • Strong in financial publications. Articles from 1,000s of publications in 22 languages. • Powerful search features allow sophisticated searching. • See Article Database Command Comparison Chart at http://www.library.hbs.edu/helpsheets/commandcomparison.html for search tips. • News Page Browse news by sector. E.g., Investing/Securities. • Click on the “News Pages” tab. • From “Factiva Pages” pull-down menu in the upper left, select “Investing/Securities.”

7. Factiva: Investing/Securities News Page News and Trends

8. Get News Delivered To You News and Trends • RSS feeds. E.g., Banking/Credit Go to http://www.library.hbs.edu/go/factiva.html for instructions. • Industry Highlights Newsletter. E.g., Investment Management - emailed every 2 weeks Go to http://listserv.hbs.edu/restrict_mba/careers.html to sign up. • Customize what gets delivered - create your own searches Go to Feeds and Alerts for details (Fast Answers about key resources and "how-tos").

9. Factiva Example: Articles with Goldman Sachs in the Headline/Lead Paragraph in the Wall Street Journal for the past year. Information ON Investment Firms • Once in Factiva, click on the “Search” Tab • In the “Free Text” search box, type hlp=Goldman Sachs. • From the “Date” pull-down menu select “In the last year.” • Select Source: Wall Street Journal (click ONCE to add) • Click “Run Search.” • Articles with Goldman Sachs in the Headline/Lead Paragraph in the Wall Street Journal will appear. Sort by Relevancy to get articles that mention Goldman the most. • To download selected articles to Microsoft Word select items then click “RTF.”

10. Factiva Example: Articles with Goldman Sachs in the Headline/Lead Paragraph in the Wall Street Journal for the past year. Information ON Investment Firms

11. Capital IQ: Investment Firm Profileshttp://www.library.hbs.edu/go/capitaliq.html Information ON Investment Firms • Profiles and data on public and private firms. • Profiles may include description, structure, financials, officers, competitors, multiples, transactions, investments, stock information, filings, etc. • Select “Company Intelligence” tab then “Search Profiles,” then “Search Companies.”

12. Capital IQ: Public Firm Profile Information ON Investment Firms

13. Information ON Investment Firms • OneSource Global Business Browser http://www.library.hbs.edu/go/onesource.html • Source of company profiles, financial data, news, and industry information. • Thomson ONE Banker http://www.library.hbs.edu/go/thomsonbanker.html • Additional source of company profiles and transaction data. • Zephyr http://www.library.hbs.edu/go/zephyr.html • More specialized source of company profiles and transaction data. • Databases by Content Type http://www.library.hbs.edu/databases/by_content_type/company_information.html • Complete list of sources of company profiles and transaction data.

14. Research BY Investment Firms • Thomson Research – Investext http://www.library.hbs.edu/go/investext.html • Analyst reports. No charge for reports. • First Call Real-Time Earnings Estimates http://www.library.hbs.edu/go/first_call.html • Earnings data and analyst reports. Contains Thomson Proprietary Research reports. • Value Line http://www.library.hbs.edu/go/valueline.html • Information and advice on stocks, industries, mutual funds, options, and convertibles. • LehmanLivehttp://www.library.hbs.edu/go/lehman.html • Fixed income and equity research. • Standard & Poor’s Ratings Direct http://www.library.hbs.edu/go/ratingsdirect.html • Fixed income and sovereign debt ratings. • OneSource Global Business Browser http://www.library.hbs.edu/go/onesource.html • Analyst reports. Not as complete as Investext. • Good place for additional types of information.

15. Investment Research Process • Earnings • First Call Real-Time Earnings Estimates http://www.library.hbs.edu/go/first_call.html • Bloomberg • On single security main menu type EE <GO> for Earnings Estimates Menu. • On single security main menu type EVT <GO> for calendar of corporate events. Check for audio and/or transcripts of earnings calls. • Investext • http://www.library.hbs.edu/go/investext.html • For transcripts of earnings calls limit search by Contributor to “Streetevents.” • For more sources see Fast Answer • Question: Where can I find transcripts of conference calls?

16. Institutional Investor Institutional Investorhttp://www.library.hbs.edu/go/instinv.html • All America (All Europe, All Japan, etc.) Research Team Surveys list top analysts by sector • In the upper left under "Publications" select the U.S. or International edition. • Scroll down and on the left side click "Rankings Archives.” • From the pull-down menu next to "View another ranking" select "All- America Research Team." • “20 Rising Stars” in the field (e.g., hedge funds, wealth management, real estate, mutual funds, compliance, etc.) • In the upper left under "Publications" select “Rising Stars”

17. Capital IQ: Creating Deals Lists Rankings and Deals Capital IQ: Creating Lists http://www.library.hbs.edu/go/capitaliq.html • Tocreate list of transactions/deals: Click on “Screening & Analytics” tab then choose Screening—Transactions • To create target list of firms/companies: Click on “Screening & Analytics” tab then choose Screening—Companies

18. Rankings and Deals Capital IQ Example: List of Deals by Financial Advisor – Morgan Stanley • Go to “Screening & Analytics” tab. Choose “Screening” then “Transactions” • Under “List Management” click “Add Companies”. • Search for advisors by name [in this case Morgan Stanley]. • Add them to Selected Companies, then select “Advisor” from the “This criterion describes” field. Click “Add Criteria” button. • Under “General Transaction Details” click on “Transaction Dates” and choose “last 12 months”. • Click “Add Criteria” button. • Click on “Total Matching Transactions” to view results. • To create a specific report, click “Add Display Columns” under Display Options. • Choose desired fields and order to display and click “View Results.” • Click Excel icon to export screening results and aggregate data.

19. Rankings and Deals Capital IQ Example: Screening Transactions Page

20. Rankings and Deals Capital IQ Example: Search Criteria List of Deals by Financial Advisor – Morgan Stanley

21. Rankings and Deals Capital IQ Example: Screening Results List of Deals by Financial Advisor – Morgan Stanley

22. Rankings and Deals Capital IQ Example: More Screening Results List of Deals by Financial Advisor – Morgan Stanley

23. Rankings and Deals • Thomson ONE Banker • http://www.library.hbs.edu/go/thomsonbanker.html • To create target list of transactions/deals: Click on “Deals Analysis” menu. Choose security type then “Advanced Search.” • To create target list of firms/companies: Click on “Screening & Targeting” menu. Choose “Companies.” • Tocreate league tables: Click on “Deals Analysis” menu. Choose “League Tables” or “Custom League Tables."

24. Rankings and Deals Thomson ONE Banker Example: List of M&A Deals by Financial Advisor – Morgan Stanley • Go to “Deals Analysis”. Under M&A choose “Advanced M&A Search”. • On Item List tab expand “Deal Info” and expand “Dates.” Choose “Date Announced,” select “Year-to-Date,” and click “Apply to search.” • On Item List tab expand “Manager/Fees.” Choose “Target or Acquiror Financial Advisors” and search for advisors by name [in this case Morgan Stanley]. • Add them to Selected Items, then click “OK.” • Under the Search List section of the Advanced Search choose the type of report to Open/Create. Choose “Standard Report.” • Click “Execute.” • Scroll all the way to the right to click Excel icon to export results.

25. Rankings and Deals Thomson ONE Banker: Advanced M&A Search Screen

26. Rankings and Deals Thomson ONE Banker: Search Criteria List of Deals by Financial Advisor – Morgan Stanley

27. Rankings and Deals Thomson ONE Banker: Search Criteria List of Deals by Financial Advisor – Morgan Stanley

28. Rankings and Deals Thomson ONE Banker: Search Results List of Deals by Financial Advisor – Morgan Stanley

29. Rankings and Deals Thomson ONE Banker: M&A League Tables

30. Rankings and Deals Thomson ONE Banker: M&A Worldwide Announced League Table

31. Rankings and Deals League Tables in Bloomberg Bloomberg Command: LEAG <GO>

32. Rankings and Deals M&A League Tables in Bloomberg Bloomberg Command: MA <GO>

33. Rankings and Deals Fast Answer Question: Where can I find league tables? Answer: See the Baker Library Research Guide Financial Rankings and League Table Information You can generate or find league tables in: • Institutional Investor.com - In the upper left under Publications select the U.S. or International edition. Scroll down and on the left side click Rankings Archives. • Thomson ONE Banker • Click "Deals Analysis" from the left navigation bar. • Click the deal category of interest (M&A, Equity, Bond, or Loan). • Click "League Tables" and from that point follow the prompts leading to the specific league of interest. • Bloomberg Academic or Bloomberg Professional - Type LEAG and hit GO. • Audiovisual Demonstration for Creating Generic League Tables • Audiovisual Demonstration for Creating Custom League Tables • Zephyr - In the lower left, click Expert Search, then click the League Tables tab.

34. Career Resources • Careers Research Guide http://www.library.hbs.edu/guides/career/ • Identify resources useful for various aspects of job searching. • Sections include Indentify Employers, Research Companies, Research Industries, Network, Locate Job Postings, Prepare for Interviews, and Negotiate. • Vault Online Career Library http://www.library.hbs.edu/go/vault.html • Information on industries including Financial Services, Investment Banking, Hedge Funds, and Venture Capital. • Insider views on working for specific companies around the globe.

35. Career Resources Bloomberg Command: JOBS <GO>

36. Additional Resources Baker Library Research Guides: • Financial Services & Investment Banking Industry http://www.library.hbs.edu/guides/financial_services • Financial Rankings and League Table Information http://www.library.hbs.edu/guides/financial_rankings • Hedge Funds http://www.library.hbs.edu/guides/hedgefunds • Financial Markets http://www.library.hbs.edu/guides/financial_markets • Venture Capital and Private Equity http://www.library.hbs.edu/guides/venture/ • Full list of all Research Guides http://www.library.hbs.edu/guides Information Sessions: • Leveraging Baker Resources for a Job Search in Venture Capital and Private Equity • Monday 11/3 3-4pm, Hawes 101 • Bloomberg - Fixed Income Idea Generation (Rescheduled from 10/23) • Thursday, 11/12 3-4pm, Hawes 201

37. Still Need Help? In-Person Assistance:Reference librarian (Ask for reference librarian at the front desk) Reference hours: MON-THURS: 9am – 7pm; FRI: 9am - 6pm; SAT: 12 pm – 4 pm Baker Library Reading Room Hours*: • MON-THURS: 9 a.m.–12 a.m. ; FRI: 9 a.m. – 6 p.m. • SAT: 12 p.m. – 7 p.m.; SUN: 12 p.m. – 12 a.m. Phone: 617.495.6040 Request a consultation (email infoservices@hbs.edu) to schedule an appointment with a reference librarian. Online Assistance:Database Help Sheets - http://www.library.hbs.edu/helpsheets/Fast Answers - http://www.library.hbs.edu/cgi-bin/faq/ Search and browse about 200 answers to library service and substantive research questions. New answers are added daily. Email - infoservices@hbs.edu *Reading Room hours vary during the summer and holidays, see Hours at :http://www.library.hbs.edu/info/hours.html.

38. Thank You! Cynthia Churchwell infoservices@hbs.edu 617.495.6040 Questions?