IESE Business School & Career Opportunities
IESE Business School is one of the most prestigious and well-renowned business schools in the world. It has been ranked as the number one business school in Europe for five consecutive years by The Economist. In addition, IESE also ranks #1 for entrepreneurship and #3 for executive education programs worldwide. So what makes IESE so special? Let's take a...
Baby Boomer Age Wave Theory
Baby Boomer Age Wave Theory What is 'Baby Boomer Age Wave Theory ' An economic theory popularized by economist and writer Harry Dent, who concludes that the U.S. and other European markets will peak between 2008 and 2012. This is based on Dent's finding that a human's consumer spending habits peak by age 50; therefore, as...
TARP Bonuses
What are TARP bonuses and how do they work TARP bonuses are payments made to executives of companies that have received financial assistance from the Troubled Asset Relief Program (TARP). These bonuses are intended to incentivize these executives to successfully turnaround their struggling companies. In order to receive a TARP bonus, an executive must first meet certain performance goals set...
Fabless Company
What is 'Fabless Company' The Global Semiconductor Alliance defines fabless as follows: Explaining 'Fabless Company' The fabless model is an attractive and popular option for many semiconductor companies. By adopting a fabless business strategy, a company can focus time and resources on the design of innovative integrated circuits, while avoiding the high cost of building,...
Y-Share
What is 'Y-Share' A class of mutual fund shares that often has a high minimum investment, such as $500,000 per lot, and the added benefit of waived or limited load charges and fees. Due to the high minimum investment required, Y-shares are often only accessible by large institutional investors. Explaining 'Y-Share' Many...
ABC Agreement
What is 'ABC Agreement' An agreement made between a purchasing member with a seat on the NYSE and the firm in which he or she works. With the approval of the NYSE, this agreement stipulates that the employee of the firm may: Explaining 'ABC Agreement' ABC agreements are important because the firm pays for...
Daily Factor
What is 'Daily Factor' A decimal representing the portion of an annual yield earned in one day. Daily factors are often reported alongside current annualized yield figures, and can be translated back to the current yield by multiplying the number by 365. Explaining 'Daily Factor' For example, a certificate...
Labor Market Flexibility
What is labor market flexibility and why is it important Labor market flexibility is the ability of businesses to respond quickly to changes in market demand by changing the number of employees they have, the wages they offer, or the hours employees work. This flexibility is important because it helps businesses to remain competitive and to adapt to changes in...
U-Shaped Recovery
What is U-shaped recovery In economics, a U-shaped recovery refers to the pattern of economic growth following a recession. The term is used to describe the shape of the recovery curve, which typically resembles a "U" when graphed. The term can also be used to describe the period of time it takes for an economy to recover from a recession. During...
HEC International Business School
What is HEC International Business School HEC International Business School is a school that offers undergraduate and graduate programs in business administration and management. The school is located in France and is accredited by the AACSB. HEC Paris has been ranked as the best business school in Europe by the Financial Times. The school offers a variety of programs, including...