Derek Loosvelt

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

3 Rules for Writing Important Work Emails

by Derek Loosvelt  |  April 16, 2019

All work emails are not created equally. Some you dash off in all lower case w/o a care if you abbreviate words or mistakenly include "their" for "there" or "it's" for "its." While others you need to take your time to write, capitalizing the first letter of each sentence, using paragraph breaks, including proper punctuation, ensuring your spelling and grammar are impeccable, and striking the perfect tone. As for these latter emails, here are my essential rules for crafting high-quality... Read More >

50 Best Accounting Firms for 2020

by Derek Loosvelt  |  April 15, 2019

Today, as taxpayers scramble to file their returns, we release our annual Accounting 50, a ranking of the best accounting firms to work for. This year, our ranking is based on a survey of more than 8,200 accountants, who were asked to rate their own firms in various quality of life categories such as culture, hours, compensation, and work/life balance. They were also asked to rate their peer firms in terms of prestige. The Accounting 50 was compiled using a weighted formula based Read More >

5 Rules for Speaking Up in Meetings

by Derek Loosvelt  |  April 03, 2019

When I began my working life I was terrified to speak in meetings. Right after college, in my 20s, I worked in investment banking. Most of my meetings were with men (Wall Street was not too diverse back then) who were much older than me and much more experienced than me. In work meetings, I felt like the kid in class who didn't do his homework and feared the teacher calling on him. I didn't believe I had much to add that wasn't known by everyone. And so, I typically sat silent in meetings,... Read More >

3 Takeaways from Goldman Sachs' Aggressive Pursuit of Diversity

by Derek Loosvelt  |  March 27, 2019

Last week, DJ D-Sol, a.k.a. David Solomon, the CEO of Goldman Sachs, co-wrote an email that went out to all Goldman empl Read More >

Pros and Cons of Working for the Big 4 and Other Top Accounting Firms

by Derek Loosvelt  |  March 20, 2019

In a few weeks, we'll be releasing our new Vault Accounting 50, a ranking of the top accounting firms to work for. This year, more than 8,000 accounting professionals took our Accounting Survey, the results of which are used to calculate our rankings. Along with giving us quantitative ratings, survey respondents gave as qualitative comments on areas such as salary, benefits, hours, work/life balance, and training. This year, among the qualitative results, several common themes emerged about Read More >

How to Answer the 'What Do You Like Least About Your Current Job?' Interview Question

by Derek Loosvelt  |  March 13, 2019

Many questions you receive in interviews are more than what they seem on the surface. One such question is "What do you like least about your current (or previous) job?" Here are five tactics for tackling this seemingly simple but, in reality, quite complex interview question. 1. Understand what this question is asking before you try to answer it. When asking you this question, your interviewer could be tryi Read More >

5 Words Never to Use in a Cover Letter

by Derek Loosvelt  |  February 12, 2019

If you're a copy editing nerd like I am, you'll be very pleased to know that there's a really interesting NPR Fresh Air podcast now available that just might change the way you think about writing cover letters, thank-you letters, and other rather formal (and quite painful) business and career correspondence. The subject of the podcast is Benjamin Dreyer, the copy chief of book publishing giant Random House. Dreyer, who has copy edited books by major authors such as E.L. Doctorow Read More >

3 Interview Mistakes You Don't Know You're Making

by Derek Loosvelt  |  January 25, 2019

I've spent many years on both sides of the interviewing table. I've interviewed for many positions, and I've interviewed many people for many positions. As an interviewee, I've made many mistakes. I've been unprepared, I've overshared, I've mumbled through answers, I've stumbled through answers, I've spoken too much, I've spoken too little, I've oversold myself, I've undersold myself, and I've made a host of other mistakes, too. And as an interviewer, I've witnessed all of these mistakes,... Read More >

4 Tips for Corresponding with Recruiters

by Derek Loosvelt  |  January 18, 2019

Today, many recruiters use LinkedIn to reach out to job candidates when trying to fill open positions. This means you better know the right way to respond if you receive such a message. So here are several things to keep in mind when corresponding with recruiters. 1. Always be gracious and never ghost Even if the position you've been contacted about doesn't interest you, be gracious. Thank the recruiter and be honest. Tell them something like "I Read More >

Should International Students Cheer or Fear the New H-1B Visa Lottery Rule?

by Derek Loosvelt  |  January 15, 2019

In late 2018, U.S. Citizenship and Immigration Services proposed a new rule that would change the way H-1B visas are allotted. Under the new rule, the H-1B lottery would give preferential treatment to international students with advanced degrees. To shed light on the potential impact of the rule on international students seeking to work in the U.S., Vault spoke with international student career expert Marcelo Barros. Below is an excerpt from that conversation. Vault: Can you briefly... Read More >

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