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

Do You Earn More Than a Silicon Valley Intern?

by Derek Loosvelt  |  July 20, 2017

Although, on average, interns are making a lot less than they did seven years ago, interns for Silicon Valley firms are killing it. And so, depending upon where you sit on the earnings scale and where you are in your career, this is either very encouraging news (if you're an engineering student) or very discouraging news (if you're not in tech and disgruntled in the comp department). In any case, here's what students are pulling down these days in their summer jobs.  Read More >

4 Tips for Writing Important Emails (and Clearing Your Mind)

by Derek Loosvelt  |  July 18, 2017

Every day you write numerous emails. Most you probably write quickly, even if they're work-related. However, chances are that, each day, there are at least a few highly important emails that you have to get just right. This means they require more time and more thought. These emails could be notes to clients or colleagues, cover letters to prospective employers, or follow-up emails to interviewers. They could also, of course, be personal emails. Whatever the case might be, these emails... Read More >

How Fast Should You Reply to Interview Questions Sent by Text?

by Derek Loosvelt  |  July 17, 2017

Erika Nardini, an award-winning executive and unlikely CEO of bro-ish satirical sports blog Barstool Sports, likes to text interview questions to prospective new hires on the weekends. And she likes to text stuff like, "What's your game plan for the day? What companies do you find interesting and why? Give me an example of a failure. What type of environments DON Read More >

Job Search Tips for New International Students

by Derek Loosvelt  |  July 12, 2017

Each year, business school career service professionals from around the world gather at the MBA Career Services and Employer Global Conference. This year, the event took place in San Francisco, from June 27 to June 30. Attending the conference were more than 500 professionals, including international student career expert Marcelo Barros. This week, Vault spoke with Barros about his experience as a presenter at the conference, what came out of the conference that could benefit international... Read More >

How the Return of At-Work Happy Hours Explains the Future

by Derek Loosvelt  |  June 27, 2017

In the past few years, Amazon and Walmart have been fighting a war to win all of your disposable income. That is, at some point, in the near future, it's likely that just about everything you buy, from books and music to food and homes, will be sold to you by one of these two companies (or, perhaps, just one of them). And, lately, this war has been getting bloodie Read More >

4 Workplace Trends to Get Excited About This Summer

by Derek Loosvelt  |  June 21, 2017

Although New York Governor Andrew Cuomo declared this to be the "summer of hell" for daily commuters, there's a lot to be thankful for if you work in the New York area, or in any area across the country. Here are four developments that should have even those employees with the most hellish commutes shouting, "Hell, yeah!" 1. More Companies Are Offering Summer Fridays< Read More >

How One Woman Rewrote the Script on How to Hire More Women

by Derek Loosvelt  |  June 19, 2017

In recent years, in male-dominated industries like finance and technology, there's been a big push to hire and retain more women. On Wall Street, most top banks now have female affinity networks aimed at encouraging women to join the banking industry and to network with each other once they join. Most banks also have significantly changed their recruiting efforts to ensure that they hire more women. And although Wall Street banks have been largely successful at hiring more women at the... Read More >

4 Leadership Lessons from Levi Strauss CEO Chip Bergh

by Derek Loosvelt  |  June 14, 2017

If you want to advance your career, chances are you'll need to show that you can successfully lead a team. In fact, even at the entry level, most top companies are looking for candidates with proven leadership skills. As for how you can gain leadership skills and improve your leadership ability, you can do a few things right now. One is learn by trial and error. Which, even if you haven't realized it, you've likely been doing for many years-on academic teams, athletic teams, workplace... Read More >

When Treating Employees Well Doesn’t Pay Off

by Derek Loosvelt  |  June 07, 2017

Today, the three most well known ride-hailing companies here in New York City are Uber, Lyft, and Juno. Uber is the world's largest and most controversial ride-hailing company, and its latest scandalous news involves the firing of 20 e Read More >

3 Creativity Tips from the Making of ‘Sgt. Pepper’s’ on Its 50th Birthday

by Derek Loosvelt  |  June 06, 2017

Last week, the Beatles' "Sgt. Pepper's Lonely Hearts Club Band" turned 50 years old. The 1967 concept album (that wasn't really a concept album) is widely considered to be the best record ever made. Here's Rolling Stone Read More >

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