10 Comments
 

It's definitely not something you would personally own unless you ran your own trading business (anymore than you'd have your own bloomberg).

My bank uses it and it's an enormously useful tool, but I can't imagine you'd get your money's worth from personal usage.

See if you can talk your school into getting a few seats to let student familiarize themselves with it before they start. Or, you could just do what everyone else does and learn it when you get there (it's really pretty easy to use).

 

Nobody expects you to know how to use it, and you DEFINITELY will not impress anyone by saying you know how to use it. CapIQ is a despised, but necessary tool in banking.

I don't really see an advantage in getting to know it early, aside from the ability to get out of work an hour early for the first month as your fellow analysts learn to use the application. Likewise, if this is your internship, you don't want to leave an hour before the rest of your analyst class, even if you finish your work early.

 

Despised? I hardly think I'd go that far... decent tool to go to when all else fails and you've still got a private to profile for that 6AM book-printing deadline...

 

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