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Vault Blogs / Contributor Network / Posts by 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.
A new "take no prisoners" memoir by an ex-Facebook employee about working for Mark Zuckerberg and his social media empire has been called a "great" "must-read" book that "matters." In fact, Antonio García Martinez's Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley has received three glowing reviews from The New York Times Read More >
Best-selling author Malcolm Gladwell is on mission to uncover the secrets to greatness; he's also on a mission to help us uncover our own greatness. At least, that's how I read a lot of his work. Gladwell, a New Yorker contributor whose most well known books include Blink, Outliers, and David and Goliath, recently unveiled a new project: a podcast entitled Revisionist History. In each installment of the podcast, Gladwell "will go back and reinter Read More >
There's no denying that robots, artificial intelligence, algorithms, etc., are increasingly automating tasks that humans have received good money to perform for decades. However, there's no reason to believe that machines will completely replace humans when it comes to work (at least not in the foreseeable future), or that humans and machines can't congenially coexist in the workplace. This is, more or less, the premise of Only Humans Need Apply: Winners and Losers in the Age of Read More >
No matter what you think of Goldman Sachs, there's no denying that the bank has become the main, if not sole innovator on Wall Street when it comes to workplace policies. Goldman was the first big bank to enact a protected-weekend-day policy, the first big bank to enact a no-work Read More >
Vault recently spoke with two of Morgan Stanley's top recruiting professionals: Erin Korte, who previously managed the Firm's North American Investment Banking Analyst and Associate Full-Time and Summer Campus Programs; and Stephanie Mondo, who manages the firm's North America Technology Campus Recruiting efforts. Korte and Mondo talked with Vault about what students should do to make the most of their summer internships. The following is an Read More >
Having a healthy work/life balance means different things to different people. To some, it means not working more than a certain number of hours a week. Say, 40 or 50, or even 75. To others, it means being able to work, at least part of the time, where you want and when you want, irrespective of how much time you actually have to work. That is, being able to work at home or remotely if need be, or just once in a while if there's really no need for the daily commute. And to others, it's a... Read More >
This past Wednesday night, Vault held its inaugural Summer Internship Kick-Off Event, which brought together more than 150 interns at over 30 different finance firms with nine full-time investment banking professionals. The full-time professionals were part of two panel discussions that took place after a networking session. The panels focused on best practices for making the most of the all-important summer internship. Last week, I wrote about the Read More >
This past Wednesday in Midtown Manhattan, on a near perfect New York summer evening, Vault held its inaugural Summer Internship Kick-Off Event. The event, which included two panel discussions and a pre-panel networking session, brought together more than 150 summer interns from 30 different finance firms and nine former interns who now work full time. The full-time finance professionals took part in two panel discussions focused on best practices for making the most of the all-important... Read More >
According to RPI President Shirley Ann Jackson, the subject of the latest New York Times Corner Office column and one of the highest paid private college presidents in the United States (she earns north of $7 million a Read More >
Little known fact about the French: they're just as productive at work, on an hourly basis, as Americans. Well known fact about the French: they're more appreciative, on average, than Americans are of the finer things in life, such as food, wine, and free time. Okay, that latter fact isn't exactly a fact, but I'd wager if sensual and extracurricular appreciation could be studied, the French would definitely out-appreciate Americans. In any case, this week the French had an interesting... Read More >
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