Derek Loosvelt

Derek Loosvelt is Vault's senior finance editor. Derek has a BS in economics from the Wharton School at the University of Pennsylvania and an MFA in creative writing from the New School. His writing has appeared in several online and print publications. Previously, he worked in investment banking as an M&A analyst and associate.

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All Posts by Derek Loosvelt

Can Finding a Job You Love Improve Your Heath?

by Derek Loosvelt  |  October 21, 2016

The answer is yes, say experts. In a recent New York Times "Well" article, several "experts in nutrition, obesity, cardiology and other health disciplines" were asked the question, "If you had just one piece of health advice for people in their 20s, what would it be?" Most of the answers weren't all that surprising, as nearly all involved good exercise and eating habits such as: learn how to cook (which "will save you money and help you to eat health Read More >

Do Expensive and Exclusive 'Interests' Help or Hurt Your Resume?

by Derek Loosvelt  |  October 19, 2016

I don't sail the Cape, or play polo in the Hamptons, but maybe I should start. And maybe you should, too. But only if you're a man. I offer this odd advice because, according to a new study led by a Northwestern University sociologist, resumes with an air of wealth and privilege are given top-notch treatment by hiring managers at elite firms; the catch is that this treatment only holds true for male applicants' resumes. Here's a little more on t Read More >

50 Most Prestigious Internships

by Derek Loosvelt  |  October 10, 2016

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When Motherhood Helps, Not Hurts, Your Career

by Derek Loosvelt  |  October 03, 2016

When you think of careers with poor work-life balance and thus ones that aren't very accommodating to working mothers, you might think of investment banking, or law, or even technology (despite the valiant attempts by many tech firms to improve their policies for working parents). But what you probably won't think of, and what's arguably a career with even poorer work-life balance, and even less accommodating to working mothers, is comedy. Which is no joke. I Read More >

Does Collaboration Kill Creativity?

by Derek Loosvelt  |  September 21, 2016

It's common knowledge that two heads are better than one, teams are more productive than individuals, and brainstorming sessions are more successful when there are more brains doing the storming. Or are they? According to research by MIT's Mark Klein and colleagues, collaboration may be a creativity killer. They've found that a collaborative design process-where a bunch of specialists put their heads together to try to come up with innovation solutions-generally "reduced creativity due to... Read More >

This Podcast Will Unlock Your Creativity

by Derek Loosvelt  |  September 14, 2016

If you're a slow and methodical worker when it comes to creating things, then you'll likely find great inspiration in "Hallelujah," episode seven of Malcolm Gladwell's new podcast, Revisionist History. In "Hallelujah," Gladwell, the best-selling author of Outliers, Blink, and David and Goliath, lets his investigatory powers loose upon how creativity works, and what he finds is that a great number of creators (especially of music, literature, and visual art) fall into one Read More >

Do Liberal Arts Majors Earn More in the Long Run?

by Derek Loosvelt  |  September 12, 2016

It is commonly believed, by parents everywhere, that the quickest road to the poor house (that's what my parents called it) is for their college-age children to major in Russian history, comparative literature, Kantian philosophy, or some other so-called useless field of concentration that has no practical use whatsoever. However, as it turns out, and as studies show, majors in these and other liberal arts concentrations might ultimately lead children not to their parents' basement but to a... Read More >

50 Best Investment Banks to Work For

by Derek Loosvelt  |  September 06, 2016

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The Secret to Olympic (and Career) Success

by Derek Loosvelt  |  August 24, 2016

If you watched the Rio Olympics as closely as I did, you were treated to several inspiring performances. Simone Biles' dominance of the floor, vault, and uneven bars. Usain Bolt's unprecedented triple double. Allyson Felix's record-breaking fifth and sixth gold medals. Katie Ledecky's unbelievable 11-second victory in the 800 meter freestyle. And, of course, five-time Olympian Michael Phelps' five gold medals and a silver, which brought the American swimmer's total gold medal count to an... Read More >

Should We Fear or Cheer the Video Interview?

by Derek Loosvelt  |  August 17, 2016

Earlier this summer, Wall Street giant Goldman Sachs announced it was scrapping in-person on-campus recruiting for a software-based video interview recruiting program. The fact that Goldman, the most prestigious investment banking firm on the planet, would be using video interview software in place of human beings to conduc Read More >

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