WHY TMT?
Can you please suggest how to answer why TMT sector for investment banking?
Thank you so much.
Can you please suggest how to answer why TMT sector for investment banking?
Thank you so much.
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I think at some level you just have to love the TMT sector.. if media is your thing talk about the mass migration from print to online and from television to on-demand and streaming, rise of social networking and opportunities it presents. If Telecom tickles your fancy talk about how its still a growth area - 4G/LTE in the developing world, massive adoption of smartphone handsets, growing subscriber base in developing world (see Bharti Airtel moves to grab African business of Zain). Finally, if technology is your thing talk about semiconductor industry racing to develop mobile chipsets (ARM, QCOM Snapdragon..), the smart grid, cloud computing and a return to thin clients, social networking powered consumption (foursquare, twitter) and finally, consolidation in the enterprise software space. Longer term, technology is becoming a mature industry - MSFT pays dividends, Google ROIC decaying to near MSFT levels, less IPOs but lots of consolidation by the big powers .. you get the idea.
Thank you so much. really helpful.
Could anyone recommend good sites to stay up to date on TMT news?
Fierce Telecom if you want to learn more about teleco specifically
venturebeat.com
techcrunch.com
TMT - Why? (Originally Posted: 03/01/2007)
Everyone loves TMT. Why?
I find the Media quite interesting, the telecom is alright and tech sucks. So I don't "love" TMT by any accounts.
There are plenty of potential reasons as to why certain people might "love" TMT, but I'm not going to go into them in any depth. Think about it and you should be able to come up with at least several reasons that answer your question.
People think its "cooler/sexier" than other industries.
It is cooler than working on a pipeline, or coal factory.
Cool and sexy, right.
more tangible. and, in my opinion, more appealing in-industry exit opportunities.
Saying why you want to go into Tech should be easy, I mean it's all around us.
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