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What Managers Can Learn From Coaches

Watching a great sports team play together is something amazing. The perfectly coordinated teamwork. The impressive displays of athleticism. The obvious joy of the game that radiates from their success.  All of these qualities indicate a certain harmony that comes from time, experience, and hard work. Read More >

The One Thing Cruz, Rubio, Clinton, and Sanders Agree On: Wall Street Stinks

During his final State of the Union address, President Obama joked that he'd make his speech short so everyone can get back to Iowa, meaning to the campaign trail, meaning Republicans and Democrats can both return to preaching to their respective bases, meaning both Republicans and Democrats can return to bashing Wall Street. Yes, this time around, even the Republicans are bashing bankers, biting the hands that often feed them. Read More >

Guess Which MBAs Earn the Most

Are you looking for proof that, the higher you go in an organization, the less likely you are to be a victim of pay discrimination because of your gender or race? Sorry about that: As the above chart from Bloomberg shows, even at post-MBA level, a pay gap exists not only between members of different racial groups, but also between men and women within those racial groupings. At the top of the hierarchy: white and Asian males. Read More >

Is BigLaw Going the Way of Kodak (and the Dodo)?

In just a couple of decades Kodak went from absolute dominance in the American photography market to completely disappearing because of its stubborn refusal to acknowledge its changing market.  The rise of digital photography took Kodak from $2.5 billion in profits in 1999 to filing for bankruptcy in 2012. Read More >

How to Tell If College Is Worth It

In all the discussion over student debt and the question of how big a crisis the ever-expanding mountain of it represents to the future prosperity of today's students, it's often easy to overlook one key factor: not all debt is created equal. While expensive, the cost of a medical degree or an MBA can often be paid back more easily than, say, the loans for a MFA that doesn't necessarily lead to a lucrative career. Read More >

Pluses and Minuses of Working in IT

Today there are thousands of IT job opportunities in the U.S. Opportunties exist with major tech companies like Google and Apple, with small-and mid-sized tech firms, in the IT departments of companies of all sizes in all industries, and with nonprofits and government agencies. Read More >

Q&A With Ellen Jin, a Morgan Stanley Credit Risk Analyst

Ellen Jin is a former Morgan Stanley intern who recently joined the firm on a full-time basis. Jin works as an analyst in the firm's Credit Risk Department. Last month, Jin spoke to Vault about how she landed her internship and why she took a full-time position with Morgan Stanley. She also offered some advice for students looking for financial services internships. Below is an excerpt of that conversation. VAULT: Where did you grow up and go to school? Read More >

The Lifestyle of Private Equity Professionals

Once you've landed a job with a private equity firm, you can expect to experience some of the most interesting, fast-paced work in finance. The pay and benefits will be commensurate with this kind of work-but so will the pressure. Typically, private equity investments are high-stakes ventures; if you're helping to manage a billion-dollar stake in a major company, you'll be held responsible for the outcome. Read More >

How to Deal With a Resume Gap

The list of reasons for a gap in your resume is seemingly limitless. Maybe it was time to take a few years off to raise your children, your original career plans may no longer match your current goals and you've returned to school, or maybe hard times have found their way to your doorstep. Whatever the reason, gaps in our employment histories happen. While there may be a gap on your resume, all hope for overcoming the hurdles involved in the hiring process should not be lost. Read More >

5 Apps Every Worker Needs

On my first day at my current job, I promised myself I would never take work home with me. I was going to draw a clear line between the office and home-and that line started with never connecting my work email to my phone. Alas, much like so many New Year's resolutions, I was fooling myself into believing I could ever achieve such a ridiculously lofty goal. The fact is, my phone is one of the best tools I have at my disposal. Read More >

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Career Update Newsletter

Tips and tools to help you manage your ideal career.