Finance and VC

Michael.Salgaller@biocareers.com

Michael
Salgaller

The Siren’s Song of Employment – Part Two

Last fall, I was invited by Bio Careers to present a webinar on pursuing alternative careers. 

It dealt most specifically with transitioning from a bench career to one involving finance or business. Interestingly, what strongly resonated with attendees were the slides on how one’s skills could be applied to positions which, at first (and erroneous) glance, seemed a distinct departure from scientific responsibilities and demands. 


Michael.Salgaller@biocareers.com

Michael
Salgaller

Research Funding: Who You Know, not Just What You Know

Funding is essential to maintain and grow one’s career. 

Since few of us are independently wealthy, and since medical research is expensive, most of us pursue funding by asking outside entities for support. But what if I were to ask you to give me some money for work-related expenses? Chances are you would refuse. 


eric.vieira@mssm.edu

Eric
Vieira

Dissecting a Equity Research Associate Job Advertisement, Part 2

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Job Advertisement (continued):


eric.vieira@mssm.edu

Eric
Vieira

Dissecting an Equity Research Associate Job Advertisement, Part 1

Recently I noticed a job posting for an Equity Research Associate position at a New York City investment bank. If I had not worked in the finance sector, I wouldn’t have understood half the things they included in the description. It made me think about how it must feel for someone trying to break into this career and decided it best that I help translate. I hope this helps you prepare for a career on the Street…or make you consider other options if you don’t find this appealing.

This entry is Part One of the Series (2):

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eric.vieira@mssm.edu

Eric
Vieira

Want to learn about equity research? Start managing your own equity portfolio, sort of…

One of the best ways to start understanding what it is like to be an equity analyst is to start following the markets and putting your ideas to work. Now I am not suggesting you go find a broker and hand over your life savings. Most of you, as I was at that time in my career, probably don’t have much in savings to risk in the stock market, particularly during these challenging economic times.


eric.vieira@mssm.edu

Eric
Vieira

News, news and more news…staying on top of current events is part of an equity analyst’s job.

Part of an analyst’s job (a pretty big part, by the way) is staying on top of current developments and how these may affect a sector’s or, more specifically, company’s performance. The internet has provided investors many sources for news, opinions and commentary, though some are more reliable than others. I provide here some of the news sources I use and have found quite helpful:


eric.vieira@mssm.edu

Eric
Vieira

Show Me the Money

Say it. Yes, say it. Thank you. Now don’t fool yourself in believing that just because you dedicated your life to the pursuit of knowledge that money isn’t important. It most certainly is. You could not do those experiments if you didn’t have funds to purchase pricey reagents. And have you heard lately what it takes to get a drug to market…Just ask Kenneth Kaitin, the Director of the Tufts Center for the Study of Drug Development. His staff does an analysis every few years and most recently estimated that the average cost of developing a new biotechnology product is $1.2 billion.