By Fred Kim

Senior Staff Writer

For many college students, finance and investment related fields are attractive career choices because of handsome compensation, great exit opportunities and high prestige.  While some careers within the finance and investment fields are similar, others are drastically different in terms of application processes and required skills and traits.  In this article, we will explore some of the most popular careers in finance with brief descriptions of each field.  For more in-depth analysis of different areas in finance, please check out our past issues at www.bruinbusinessreview.com.

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By Fred Kim

Senior Staff Writer

Stock trading is an investment tool that has attracted many people.  In this first article of the personal investment series, we will give you quick and general facts about the stock market.

What is a stock?

Stocks represent partial ownership of a company.  If a person owns 100 shares of Google, he owns about .0000003191014% of the company.  By owning part of a company, stockholders, also known as shareholders, have a claim to the company’s assets and earnings.

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For　many　college　students　interested　in　going　into　business　fields,　investment　banking　is　an　exciting　yet　elusive　career　option.　Long　hours　and　high　monetary　compensation　are　only　two　phrases　that　seem　to　be　associated　with　investment　banking.　Even　among　those　who　are　applying　for　jobs/internships　in　investment　banking,　it　is　not　uncommon　to　find　some　who　do　not　have　comprehensive　knowledge　of　the　I‐banking　industry.　In　order　to　be　successful　during　interviews,　it　is　essential　that　interviewees　have　a　thorough　understanding　of　this　field.

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By Robert Chang Staff Writer

OBAMA THROWS SUPPORT TO VOLCKER

The fierce debate on Capitol Hill over how to prevent another economic col- lapse rages on. Recently, President Obama switched sides from supporting the moderate regulations proposed by Treasury Secretary Timothy Geithner to the more strict regulations suggested by former Federal Reserve Chairman Paul Volcker. The new proposal, dubbed “Volcker’s Rule”, will forbid commercial banks proprietary trading. Banks collect money from deposits and use most of this money in loans to borrowers, but they also use some of the money for speculative investing in order to maxi- mize profits. Speculative investments that include mortgage-backed securities, a name that should sound very familiar to a nation still recovering from the fi- nancial meltdown they caused. Mortgage backed securities are investments that get their value from mortgage payments, when too many people default on their mortgage payments the securities be- come worthless. This was the primary cause of 2008 financial meltdown.

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