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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

Q&A With Deloitte's Chief Inclusion Officer

by Derek Loosvelt  |  March 05, 2013

Last year, Deb DeHaas, an 11-year veteran of Deloitte, was named the firm's chief inclusion officer. Since then, DeHaas has been overseeing Deloitte's expansion of its inclusion programming framework; in addition to a deep focus on gender and race/ethnicity, Deloitte is now also investing significant time and resources on inclusion areas such as sexual orientation, military veterans, disabilities, cross-culture, generations, well-being, and flexibility. Recently, DeHaas took time out of her... Read More >

Interview Tips From the 2013 Oscar Speeches

by Derek Loosvelt  |  February 26, 2013

Four score and forty-eight months ago, in the Blossom Room of Hollywood's Roosevelt Hotel, the first Oscar statues were handed out for outstanding achievements in the motion picture industry. What also occurred that night eighty-four years ago, and what would occur approximately twenty-six fortnights later (the following year), and every year since, is each recipient of an award handed out by the Academy of Motion Picture Arts and Sciences would stand and deliver an acceptance speech, also... Read More >

Is ‘Capital’ the Financial Crisis Novel We’ve Been Waiting For?

by Derek Loosvelt  |  February 20, 2013

In the current issue of The New York Review of Books, Michael Lewis writes that John Lanchester's Capital (published last year and out this May in paperback) is indeed the financial crisis novel we've been waiting for-even though it isn't about the financial crisis at all. What it is about is a time and a place: 2007-2008, London. It's also about, according to Lewis, "a fantastic array of London characters … a Polish builder, a Hungarian nanny, a Zimbabwean meter maid, a police detective, a... Read More >

Accounting Is Least Romantic Industry, According to Survey

by Derek Loosvelt  |  February 14, 2013

Accounting isn't known as a particularly sexy industry. And perhaps underscoring this lack of sex appeal, accounting was found to be the industry with the fewest office romances, according to results of Vault's 2013 Office Romance Survey.  In fact, only 36 percent of accountants who took the survey reported having had a tryst with a coworker. Compare that to the industries with the most office romances: energy (75 percent say they've had an office romance), insurance (72 percent), retail... Read More >

Is Love All You Need For Job Success?

by Derek Loosvelt  |  February 13, 2013

This past weekend I caught a clip of an old Radiolab interview with author and speaker Malcolm Gladwell. The interview, which originally aired on WNYC in 2010, covers, among other topics, genius-specifically, what it takes to become a so-called genius in a certain pursuit, whether that pursuit be an intellectual or a physical one. And I found the most interesting, arresting, and moving part of the interview to be about love. According to Gladwell, who's done a lot of research in the areas... Read More >

The Dark Side of Accounting

by Derek Loosvelt  |  February 06, 2013

It's no secret that workweeks at Big 4 accounting firms, as well as at the Big 4's nearest competitors, can be pretty long and stressful, especially during busy season. It's also no secret that in the past few years the Big 4 (Deloitte, PwC, KPMG, and Ernst & Young) and the biggest mid-sized firms have been trying to improve their employees' so-called work/life balance, offering more flex-time options, better compensation, and more congenial working environments, all in order to lessen... Read More >

How Gay-Friendly Are the Big 4 Accounting Firms?

by Derek Loosvelt  |  January 30, 2013

Although accounting isn't the first industry you think of when you think of liberal, open, accepting workplaces, it's now relatively open and accepting of minorities into its ranks, and even more gay-friendly than you might guess. Which doesn't mean there's still not a lot of progress to be made when it comes to diversity in the industry, both at the Big 4 (Deloitte, PwC, KPMG, and Ernst & Young) and at the mid-sized accounting firms. With respect to the current state of diversity in... Read More >

Lives of Spies: CIA Internships and Full-Time Jobs

by Derek Loosvelt  |  January 23, 2013

For better or worse, the Central Intelligence Agency is currently having its 15 minutes of fame. Showtime's "Homeland," which follows the unstoppable, bipolar, CIA sleuth Carrie Mathison, played magnificently by American actress Clare Danes, has been racking up the Emmys and Golden Globes, not to mention the viewers, by the millions, since hitting the airwaves in the fall of 2011. And Academy Award-Winning Director Kathryn Bigelow's new film, "Zero Dark Thirty," which tracks an equally... Read More >

Which Big 4 Firm is Most Prestigious?

by Derek Loosvelt  |  January 17, 2013

Vault is currently conducting its annual Accounting Survey, which asks thousands of accounting professionals at the top firms in the industry to rate their own firms in a variety of "quality of life" categories, including compensation, culture, hours, work/life balance, training, and diversity. The survey also asks professionals to rate their competitor firms in terms of prestige. To that end, last year, PricewaterhouseCoopers ranked No. 1 in Vault's prestige rankings. PwC edged out Ernst... Read More >

Alabama's Nick Saban and the Art of Micromanagement

by Derek Loosvelt  |  January 09, 2013

The term "micromanagement" typically conjures images of obsessive compulsive bosses hovering over desks, checking the clock to monitor their employees' arrival and departure times, holding meeting after meeting, and constantly emailing their underlings to ask, "Are you done yet?" However, micromanagement, in essence, is not a negative tactic. In fact, it can be both positive and effective. And perhaps no other American manager working today micromanages with greater success than the head... Read More >

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