IPO: Success or Flop?

Many people are under the assumption that the market for IPOs has been terrible as of late. Following the disappointing Facebook [NASDAQ: FB] flop, investor confidence dropped dramatically. It's no secret that the waters were already muddied by BATS Global and the like; however, who is really to blame for the travesty that is Facebook? Morgan Stanley ? NASDAQ? Zuckerberg?

In the wake of Facebook's complications, many investors have steered clear of the newly traded companies. But, I'm not so sure that's a good idea. The most shocking thing is that IPOs have actually outperformed the S&P 500 so far this year, according to CNBC. So while the botched initial public offerings are the ones making the news, they aren't necessarily the ones that are moving the market.

MGM to go Public?

As you all probably know, MGM Studios recently filed for a possible IPO just under 2 years after filing for bankruptcy protection. The company is likely to use the offering to reestablish itself as a prominent studio, allowing it to actually produce films on its own rather than co-financing with the likes of Warner Bros. and Sony Pictures. Since emerging from bankruptcy, MGM decided to target television and co-financing in order to limit their risk against box office flops. But as we all know, with high risk comes high reward.

(4/4) Undergrad Review: Michigan Investment Banking Club

A while back I posted about how public universities are developing a growing presence on Wall Street. In that post, I highlighted four undergraduate programs that have earned an upstanding reputation for job placement. Over a four week span, I will give you guys a better understanding of each and the benefits of joining them.

The University of Michigan is arguably the best public school (notice I said public, not non-target) for prospective monkeys. Founded in 2007, Investment Banking Club gives its members all of the resources necessary to pursue careers on Wall Street.

(2/4) Undergrad Review: Indiana University - IB Club

A couple of weeks ago I posted about how public universities are developing a growing presence on Wall Street. In that post, I highlighted four undergraduate programs that have earned an upstanding reputation for job placement. Over a four week span, I will give you guys a better understanding of each and the benefits of joining them.

For week two, I will be covering Indiana University - Bloomington's Investment Banking Club. In this organization, undergraduate students are exposed to DCF valuation, LBO , and the financial industry as a whole outside of the classroom. In addition, members gain exposure to resume writing and networking seminars in order to increase their candidacy for competitive internships and full-time opportunities.

(1/4) Undergrad Review: Nittany Lion Fund, LLC

Last week I posted about how public universities are developing a growing presence on Wall Street. In that post, I highlighted four undergraduate programs that have earned an upstanding reputation for job placement. Over a four week span, I will give you guys a better understanding of each and the benefits of joining them.

For the first week, I will be covering the Nittany Lion Fund, LLC - Penn State. Founded in 2005, this $4 million student-managed mutual fund has a habit of placing kids on the street (both in IBD and S&T). (See the link below)

CAREER OPPORTUNITIES

Public Schools on the Street

Are public universities developing a presence on Wall Street?
Nowadays, more and more kids are choosing state schools in order to avoid the burden of student loans. With the cost of education constantly increasing, some of brightest students whined up going to school somewhere near home; thereby putting them at a "disadvantage" off the bat. But, does this mean they can't make it to the Street? I think not.