Hello Fellow Monkeys,
I have been practicing for interviews and networking. I have a few meetings with Public Finance professionals. I find what they do, actually very interesting and would generally be interested in a career in Public Finance. However, When I rehearse why Public Finance in my head my answer seems weak. I mostly focus on how I think capital raising for local municipalities is fullfiling work and being able to help be a catalyst for large public projects is excites me.
Does anyone have any ideas on how to answer Why Public finance?
You're saying you think it's interesting. Tell me why.
So the main groups I have been talking to are MM and mostly work on underwriting smaller projects. I think being able to say I was one of the main individuals to help finance the local high school expansion, homeless housing in a smaller city, or a parking garage.
Do you think you like the idea of project finance or do you like those types of projects?
If you'd like, you can dig deeper into the different types of issuers (beyond general GO for municipalities) that bring bonds to the market (water and sewer, transportation, airports, power, higher education etc). You could talk about how each sub-sector differs from each other and how different metrics impact their ability to repay debt service. Explain how those nuances interest you. Reading Credit rating reports are a good way to get familiar with the lingo/jargon associated with each issuer type.) Being able to comfortably speak about this shows your dedication and interest in the sector which will reflect well on you. In terms of “why public finance” if you go too much beyond what you’ve already mentioned, it can seem like pandering.
Make up some shit about how everything you’ll be doing has an impact on the community. That’s the exact answer that they’re looking for. Trust me on this one, I’m in the industry...
Vitae quia et consectetur unde omnis unde odio. Et blanditiis commodi quam doloribus aliquam.
Occaecati vel sit vel vero dolorum neque. Id ducimus quasi id debitis veritatis a. Aut et omnis dolorum. Quae explicabo sint eos nihil dolorem accusamus sint.
Aliquid omnis occaecati aliquam id laboriosam officia. Autem commodi laboriosam dicta quia facilis in.
Aut dolor et temporibus. Pariatur quia saepe minima quibusdam aut voluptates nam. Corporis nobis quisquam sit perferendis beatae doloremque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...