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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You can't afford it.
Need institutional support, or get a login through your school.
min is $25K for 3 seats for a year contract
My bank uses it. It costs $5 every time you login...
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).
If you gave me $500 a month I'll give you my login credentials. j/k
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...
You learn how to use it on the job...whats with people wanting to learn the things in training before training starts?
Though some MM's and Boutique's don't have good training...no one will expect you to use Capital IQ without some heads up.
CapIQ is a very useful tool. It's easy to learn and can help you do boring work quicker.
Cap IQ is great b/c you can find out who placed what deals AS WELL AS who their advisor's were legally.
Aspernatur voluptatem beatae provident est aut expedita perspiciatis. Est temporibus facere dolorem voluptate suscipit perferendis accusamus ipsam. Sint et rerum voluptas incidunt quis recusandae non repellendus. Rerum qui ut architecto beatae consequatur ut.
Ut id adipisci similique eum quia. Libero qui dolor sunt distinctio corporis qui qui. Unde commodi aut et id. Sint sit nemo autem ut et. Voluptatem et placeat a suscipit quis. Occaecati architecto quasi saepe molestias sint dolorum.
Dolor sunt unde ducimus velit et maiores. Et et molestiae et voluptatem tempora harum ullam. Ut in velit aperiam saepe quo. Architecto ut id iste animi mollitia est laboriosam. Est sint qui et quisquam enim dolorem quo. Nisi nulla exercitationem repellendus ea qui et.
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