Bankruptcy - a means to avoid foreclosure.

Bankruptcy is the last option to choose to avoid foreclosure. If no other options help you to avoid foreclosure, then you can opt for bankruptcy. But you cannot just file bankruptcy on your own. You can file bankruptcy only if you pass the eligibility criteria. You can take help of an attorney to file the bankruptcy. There are two different kinds of bankruptcy - Chapter-7 and chapter-13. So the attorney can also help you to choose which chapter is appropriate for you to file.

Bankruptcy chapter7

If you file Bankruptcy chapter7 then all your non-exempt properties will be sold to pay your creditors. Chapter7 hurts your credit report heavily but the lenders cannot come after you for the deficiency judgment. If you file chapter7 then your credit score will be doped by 250 to 300 points. Also you may not get approved for mortgage for 5 to 7 years after filing bankruptcy chapter7.

Bankruptcy chapter13

If you can file bankruptcy chapter13 then the lenders cannot foreclose or harass you. You can be able to pay your lender with an easy repayment plan with an affordable rates and terms. It does not affect your credit as much as the bankruptcy Chapter7. It will drop your credit score by 100 to 150 points and you may be able to get approved for a new mortgage within one year after you file bankruptcy chapter13. But the best thing is that you can keep your dream home as your are filing chapter13.

How can you avoid foreclosure?

Foreclosure has become a daily phenomenon in our life. Actually foreclosure is considered even worst then Bankruptcy. The lender can sell your house to get his money back. It will also affect your credit report and cause to drop your credit score by 250 to 300 points. So we should have a clear idea about how can you avoid foreclosure if the worst happens. So I have tried to point out some useful ways through which you can avoid foreclosure.

1. Whenever it seems that you can’t afford the mortgage, first of all contact the lender and check out what are the options that are available for you.

2. You can also request the lender for forbearance that is a formal agreement between the lender and the borrower for delaying the payment.

3. You can even request for a repayment plan and to change the terms and condition so that you can catch up the missed payments.

4. If you want, you can sell the property and pay off the lender to avoid foreclosure.

5. Now if the property value is lower than what you owe to the lender, then you will have to take permission before selling the property. This is called short sale. This is another way to avoid foreclosure. But here the lender can ask you for the deficiency judgment.

6. If you cannot even sell the property then you can request the lender for Deed in lieu of foreclosure. But in this case the lender cannot come after you for the deficiency judgment.

BNP Paribas Continues To Hire

For those who are in the banking business or who want to start an investment banking career, this is an encouraging news despite the recent financial turbulence. On the date when Mr. Serge FORTI appointed Chief Executive Officer Asia-Pacific for BNP Paribas Wealth Management, he made the announcement.December 10, 2008'We already have the list of people,' said Mr Serge Forti at a lunch meeting on

How to Improve Your Credit Score

how to improve your credit score?

Your credit score is one of the most impotent things to determine whether you are eligible or not to get a loan or buy a property or car. Even the rates and terms of the loan will depend upon your credit score and your credit history. If you have lower score then the interested rate of the loan will be higher and if you have higher credit score then the rate of interest rate of your loan will be comparatively lower. Above 680 credit score is considered as good credit score. From 620 to 680 is considered as average credit score. But if you have a credit score lower than 620 then it will be considered as poor credit score and it will be tough for you get approve for a loan. So you should always try to maintain a good credit score.



If you have a poor credit score there are different ways to improve your credit.

1. First and foremost pay all your bills on time and keep a record of it.

2. Don't go for huge amount of debt that you can't control or pay back on time.

3. Don't close your old credit cards and don't always go for news cards. If you change your credit cards frequently then it will have a negative affect on your credit score. So keep your old account open.

4. If you have any wrong information on your credit score then try to dispute it ASAP as the wrong information will ultimately droop your credit score.

Holiday Resume Tips

I receive an interesting article from Jimmy Sweeney. It is not investment banking focused, but it contains very practical and useful tips in writing a resume, which every job seeker should benefit from. I have Jimmy’s permission to reprint his article here. Please enjoy reading.Spice Up Your 2009 Resume Now…Add This Little GemFrom Times Square in New York City to Tiananmen Square in Bejing City,

Investment Banking Dictionary

Current TurbulenceThe recent turbulence is really no good for our money. One email that has been circulated among us in the investment banking world described how Wall Street CEOs’ and other investment gurus’ wealth had shrunk. If you loss money in the market, you are not the only person, the world is suffering.Two things I would want to remind you. There is a life cycle for everything. Market is

Warranty Deed

Warranty Deed is another type of deed that is used to transfer the property to one person to another. But here the Grantor or the seller assures that he/she holds the title clear and free and has the absolute right to sell the property. The Seller even grantees that if buyer finds any debts attached to the title in the future then the seller will be liable to pay the debt. So it is always better to use a Warranty deed instead of Quitclaim deed when you are buying or selling a property. You can even hire someone for title search before purchasing the property so that you can find out whether there is any problem with the title of the property.



There is another kind of Warranty deed which is called Special warranty deed but this Special Warranty deed doesn’t assure as much protection as a General Warranty deed. In a Special Warranty deed, the grantor or the seller warrants that they have the ownership of the title and the title of the property has not been transferred to anyone else during their ownership of the property. The grantor or the seller warrants nothing prior to their getting the ownership. This type of Warranty deeds are mostly used by the trustees.

Refinance

If you pay off your present loan with another loan with different terms and condition, this is called Refinance. This is mainly done to reduce the interest rates or cost of the loan. Sometimes it is also done to pull out the home-equity so that it can be used to pay off some high interest rate credit card debts. It can also be done to increase or decrease the time period of the loan. You can also turn the mortgage from ARM to FRM by refinancing. Even you can opt for refinancing to lower the monthly mortgage payments by increasing the total duration of the loan period. And if you want to pay off the loan early as you are getting a lower interest rate, you can opt out this option of refinancing.



By the way, sometimes your lenders can claim prepayment penalty if you are going for refinancing before a certain period of time. So you have to calculate whether you are actually getting any benefits after refinancing as you will also have to pay the prepayment penalty. Last but not the least, if you want to refinance then first go to your lender and check out whether he can offer you what rates and terms you want. If he or she can’t offer you what you want then you can shop for the lenders and check out who can offer you the best rates and terms. There is another kind of refinance which is called Cash-out refinance. This type of refinance is mainly used for home improvement or paying off any credit card debts or student loan.

Housing Bubble

The owes of mortgage market continues still now and the country's economic condition is bad too. Even the number of unemployment has increased sharply and we are not sure whether this condition is going to be recovered in near future or not. But we can't even think that property prices are so low and it can't be lower. In future the condition may be worse. I think in this Christmas the mortgage rates are going be increased further. Hope in this housing bubble and economic rescission, our new government will be a bit more proactive, so that we can overcome this situation.

Quit Claim Deed

A Quit claim deed is mainly used to transfer the real estate property among family members or friends. The quitclaim deed doesn't assure that the title free from any kind of liens. By the way, the quit claim deed needs to be notarized and recorded in the county recorder's office to make the deed valid. If you are buying or selling a property, then it is better to avoid the quit claim deed and use a Warranty deed as a Warranty deed assures that the title is clear from the liens and thus you can avoid future confusions.

A quitclaim deed does not release the grantor from the mortgage obligations unless or until the grantee takes the mortgage on his or her name. By the way if the property is in mortgage then it is better to take confirmation from the lender before signing the quitclaim deed.

Resume Critique – Value Added Elements

Let’s call the author of this investment banking resume David. David has only two years full time experience, but his resume looks very rich. I have simplified his job descriptions which were also very well written.David has cleverly embedded many value added elements in his resume without over emphasizing them however present him as a unique outstanding young individual.David’s Valued Added

Investment Banking Resume – Value Added Elements

Your Geographic LocationInternational exposure is a value added element on your investment banking resume. Relocation/international travel happens a lot in the IB world. Tell your employer that you can and you have been working in various geographies is a definite asset. I notice some candidates are highly international ever since they were interns. When you start to write and build up your

Debt to Income Ratio:

Debt to income ratio is also called DTI. Debt to Income Ratio means the percentage of gross income of the consumer that he uses to pay his debts. This is one of the most important factors that a lender or a lending institute checks before approving a loan or mortgage. If your debt to income ratio is less then 36 percent then you have a very good chance to get approve for a loan program with affordable rates and terms.

There are other factors also which a lender checks before approving the loan but it certainly help if you have a lower debt to income ratio. Like, for FHA loan, your DTI ratio should be between 28 to 36 percent.

How to Calculate Debt to Income Ratio:

Calculating a Debt to income ratio is not time consuming or difficult task. Just calculate all your monthly debts, mortgage expenses, home insurance and divide it with your gross monthly income. But don’t count your expenses towards utilities food, entertainment.

Analyst Resume Critique

Let’s call the author of this resume Henry. Henry is currently an MD level analyst. Hence he doesn’t need to present his entry job in much detail. However if we are looking for an entry level research/analyst job, we need to describe our intern or other experience with great care.Present yourself as an Analyst Set this as your primary objective in writing your analyst resume. Ask a number of

Mobile home loans...Solution for your dream home:

Are you renting for a long time and thinking that you can't afford a home loan? When you are renting, your are just spending the money and giving it away to the landlord. But if you are buying a home then you are actually investing the money and can use it when it is needed the most. So I think an affordable mobile home loan is the solution for you.

You can get a mobile home loan as a personal property loan. But there are some requirements to qualify for the mobile home loan, like your credit score should be above 680, your mobile home should have a permanent foundation, you should make at least 10 percent down payments etc. BTW the interest on mobile home loan is tax detectable. So you can get the tax benefits too. So what are you waiting for... if you are still renting a home, then simply go for a mobile home loan

Analyst Resume – Writing Skills

Star analysts in investment banks are paid well. While some people move faster than others, you will normally move up to associate level after being a third year analyst. In ten years time, even you are at MD level, you are still referred to be an analyst, if your focus is still in research.Many graduates start their IB career as an analyst. Let’s go through an analyst resume sample before we

Deeds That Effect Us.

Whenever you want to transfer a property from one person to another then you need to use a deed to complete the transfer. A deed is generally a legal document that is used to transfer property. This contains the name of the Grantor (previous owner) and the grantee (new owner), the grantor's signature and it needs to be notarized and recorded in the County Recorder's office to make the deed valid.

There are different types of deeds like Quitclaim deed, Grant deed, Warranty deed etc etc. But Quitclaim deed is the most popular deeds among all the other deeds. It is mainly used to transfer property within the family members and friends. A quitclaim deed doesn't assures that the title is free any clear from all the liens against the property. So it is better to use a Warranty deed or at least a Grant deed when you are buying a property. A Grant deed assures you that the title belongs to the seller and he has the wrights to sell the property. But it is always better to use Warranty deed when you are buying a property as it promises that the grantor has the absolute ownership writes and title is free and clear from all the liens. If there is any lien attached to the property, the seller will have to compensate it to the buyer.

how does a reverse mortgage work ?

how does a reverse mortgage work?

Reverse Mortgage is one of the popular ways to get out the home equity and use it in time of dire needs. This is very impotent to know how does a reverse mortgage work.Reverse mortgage provides a steady flow of tax-free income. By the way you can get the money on monthly basis or one time lump some amount. This is just the contrary of the tradition mortgage.

Interest rates of Reverse Mortgage:

Reverse mortgagee are mostly adjustable rate mortgage and the rate changes on monthly basis or quarterly basis. And the closing cost is also a bit higher than the traditional mortgages. Reverse Mortgage may also affect your eligibility for Medicaid benefits. But this is a non-recourse loan and this is tax free. So this is actually a helpful way to pay off a huge debt or someone's education fees.

Investment Banking Resume – Writing Skills

Apart from layout, format, content and work history, writing skills is another important element in an investment banking resume.Every now and then, my blog readers ask me to do resume critiques for them. One of the comments that I made most is ‘your resume is good, but just too good’. Let me introduce a couple of ‘too good’ examples.Inaccurate Use of English‘…..raised the bank’s revenue by 25%

Lehman Brothers is Over

The 158-year-old firm, which survived railroad bankruptcies of the 1800s, the Great Depression in the 1930s and the collapse of Long-Term Capital Management a decade ago, filed a Chapter 11 petition with U.S. Bankruptcy Court in Manhattan on Monday September 15, 2008. Lehman bankruptcySadly I have to remove Lehman's career site from my blog, as it will soon disappear from the world of investment

Fixed Rate Mortgage in Financial Crunch

Fixed Rate Mortgage in Financial Crunch



In this nationwide financial crunch, people rather like to opt for Fixed Rate Mortgage, than Adjustable Rate mortgage. Economists and Critics even blaming the predatory lending practice and the Adjustable Rate mortgage for this financial down fall. So the Government also coming forward to help the defaulted borrowers so that they can refinance and turn the Adjustable Rate mortgage into Fixed Rate Mortgage. The main features of Fixed Rate Mortgage are -

1. The loan term usually varies between 15 to 40 years.

2. The monthly payments and interest rates remain same throughout the loan period


There are different types of Fixed Rate Mortgages available like 40 year mortgage, 30 year mortgage, and 15 year mortgage. But it is not that you should always go for Fixed Rate Mortgages. If your situation demands Adjustable Rate Mortgage then go for it. Suppose that you are going to stay in that house for 2 or 3 years then it is better to opt for Adjustable Rate Mortgage than Fixed Rate Mortgage.

What Are The Big 5s in Investment Banking Interview?

Among all the investment banking interview questions, these seem to have been come across by almost every candidate, in same or similar wordings.1. Walk me through your resume. Tell me about yourself.Never talk about your family background, your education history or your hobbies. Focus on your skill sets and experience that are related to the job you are interviewing for.2. Why do you want to be

What Did Senior Investment Bankers Do?

Some readers asked me if their previous retail banking or non banking finance experience will be counted when they apply for an IB job. You might be interested to know what senior bankers did when they started their investment banking career. Let me tell you some real samples. Please note these candidates are currently working for international bulge brackets.Current role: Head of Asia

What are the signs of a good interview?

LengthAn entry level investment banking interview is around 30 minutes. If your interview last longer than this, it is a good sign.FriendlinessIf you feel comfortable throughout the process and feel like a friendly discussion rather than being interrogated.Body Language The interviewer’s body language can tell his interest level in your story or if they are happy with your answers. It is a good

Cover Letter Tip: Step Out of Your Career Comfort Zone!

I have borrowed this article from Jimmy Sweeney. It is not investment banking focused. However it is very universal and anyone in the job market should find it useful.© Written By Jimmy SweeneyPresident of CareerJimmy and Author of the newAmazing Cover Letter CreatorThere are cover letters––and there are cover letters. Some are cookie-cutter predictable. And some offer a tasty surprise—like a

Investment Banking Interview - Brain Teaser Q and A

Three envelopes are presented in front of you by an interviewer. One contains a job offer, the other two contain rejection letters. You pick one of the envelopes. The interviewer then shows you the contents of one of the other envelopes, which is a rejection letter. The interviewer now gives you the opportunity to switch envelope choices. Should you switch?The answer is yes. Say your original

Investment Banking Interview – Brain Teaser Questions

You don’t necessarily come across brain teaser questions, but you have to be prepared, as they are quite popular in investment banking interviews. Don’t worry if you can’t produce an answer. This is a way to see how you deal with stress. Even if you don’t know the answer, it is a strategy to voice out your analysis and calculations to let the interviewer know your logic and how good your

How To Get Investment Banking Offers

As we move further into summer internship season, many have asked me why they can get interviews but can never seem to get actual offers.Usually, they lack a hook. To get an investment banking job, it's not enough to show you can do the job well and have a serious interest in it.You have to show them that they need you more than you need them.Of course, this is never really true. You're just a

Guide To Technical Questions In Investment Banking Interviews

One topic everyone asks me about is how to answer technical questions in investment banking interviews. What should you expect, how do you keep your calm, and what do you do to prepare beforehand?I actually think people tend to focus too much on technical questions when preparing for interviews. Your fit and enthusiasm for the job are much more important.That said, if you have some previous

How To Answer Investment Banking Fit Interview Questions

If you've managed to land investment banking interviews, you need to keep in mind 3 big themes as you go through interviews and try to get a job:* You can "burn the midnight oil" - you work hard, consistently.* You "don't shake the Jello" - you do not make mistakes.* You "want to be Gordon Gekko" - you love business and finance.Burn The Midnight OilMore than just claiming you "work really hard

The Investment Banking Interview Selection Process

As summer holiday is approaching, many of you might be invited to attend interviews. I have been busy recently and have therefore borrowed a number of articles from Ian Spellfield, a former investment banker, who has a similar mission like mine. Here is his article on investment banking interview.One of my most frequently asked questions is how investment bankers decide who gets an offer

Sample Thank You Letter

A good thank you letter not only conveys the message of ‘thank you’. It is a powerful tool to further enhance your candidacy. In the case of an entry level investment banking candidate, it is also a way to show your maturity and how well you can deal with people relation.Here is a sample thank you letter that impresses us all. My boss like its style, I like its sincerity and personal touch. The

Best Sample Resume – Career Change

I am trying to convince this candidate for a career change, as I need an REIT banker and this resume looks perfect.If you are considering a career change to become an investment banker, compare your resume with this.I love this resume, as this is one of the most outstanding resumes I have ever seen. I am sure many investment banks are happy to consider him as an REIT banker. This resume is just

Where Do I Fit In An Investment Bank?

Many might ask where I should start my investment banking career. There are various divisions within a bank and yet you might feel uncertain of where to start. Goldman Sachs, as one of the most admired employers from Wall Street, has designed a quiz to help you analyze and have a better understanding of yourself.You would have to answer 12 questions which have no right or wrong answers. The quiz

Career Change Cover Letter

Let us review the elements of a 20-second resume cover letter which is best suited for investment banking.A 20-second cover letter must answer all these questions precisely:1. What are you doing?2. What do you want to do?3. What are you able to do?4. What do you want the reader to do?A career change cover letter is more or less in the same structure. Remember you don’t have to

Belated Successful Investment Banking Career

A number of readers asked if they can switch to investment banking without any banking background. Answer is ‘yes’. A number of successful investment bankers didn’t start early and without any banking related education. Peter Redhead, the former head of Asia equities at JP Morgan used to fight criminal crimes at his early career. Nick Sibley, the recently retired head of personal finance at

Ideal Investment Banking Cover Letter

Here is a sample of an ideal 20-second resume cover letter, extremely suitable for applying investment banking jobs. His one-page resume is also very well-written. A very good candidate though a little green for now. I'm sure he will be on my radar screen in a couple of years. Dear AnnaI was referred to you by a friend. I am currently a third year analyst at Societe Generale Asset Management

French Resume?

ESCAE Amiens, France I come across this from a resume yesterday. What kind of education/ qualification is this? One of my colleagues speaks French, but couldn't help. Can French readers please help?Resume Writing Skills - Write Things That Make Sense To The ReaderActually this is not the first time I come across information that doesn't make sense on a resume, at least not making sense to readers

Investment Banks Shuffle Senior Rainmakers To Asia

I have mentioned several times in my blog that if you are dedicated to investment banking, you should be prepared to relocate. New York, London, Tokyo and Hong Kong are the four major cities you must be acquainted to. Today I am adding Singapore to the list.Recently, I read an article from Dow Jones with a headline of Investment Banks Shuffle Senior Rainmakers To Asia. This is a norm, in my

Investment Banking Salary and Bonus

Last year, two among the top three earners of Hong Kong University graduates worked for investment banks. They both made close to HK$1.2 million (c.US$150,000). Not bad for a first year job, however the number is not exciting enough. Asset management is the rising star of investment banking. Let me give you some exciting figures on one of my recent successful fund management candidates.Candidate

Psychometric Tests

Some employers believe in psychometric tests. Even for senior hires, finalist candidates are sometimes required to go through such tests. Some investment banks use psychometric tests to assess graduate candidates. HSBC is one of them. Therefore they have designed two sets of questions to help you get acquainted to it. There are six questions for each numerical reasoning and verbal reasoning. You

HSBC - World’s Biggest Bank

HSBC or The Hongkong and Shanghai Banking Corporation beat Citi and become the world's largest corporation and the world's largest bank, in terms of sales, profits, assets and market value, according to a report recently published by Forbes on April 2, 2008.In the same report, four among the top 10 (total 2,000 entries) are investment banks, namely HSBC (1), BoA (3), JPM Chase (4) and RBS (10).

Elements Of An Outstanding Resume

If you ask me what the most important element of a good resume is, I would say ‘content’ – of which, work history is the priority.When I receive outstanding resumes, I will proactively do canvass for the candidate, ie. Send out ‘speculative’ resumes, in a headhunter’s term. Here I have generated a bio from one of my most admired resumes. This candidate has been off core investment banking roles

Resume Writing Strategy

Video Resume?Sometime ago, a Yale student send a video resume along with an 11-page resume to UBS. The video resume ended up appeared on the internet. UBS declined publishing candidate’s confidential information, but the video resume generated thousands of hits in just matter of days. This did not reflect the effectiveness of a video resume, as the viewers didn’t intend to hire the student, but

Qualifications Needed to Start an Investment Banking Career

Very often people ask me this question: What are the most sought after qualifications for investment bankers? Some people seek classes from resources from like businessdegreeonline.net. 

CFA: 80 per cent of my candidates have this professional qualification.

MSc / MBA: 80 per cent of my candidates have one of these qualifications.

However at an entry level, investment banks never require any

"Job Search Secrets"...how to block interview stress

Today I receive this email from Jimmy Sweeney, in which he talked about "how to block interview stress". It is not investment banking focused, however will benefit all job seekers.Dear Anna,Just the thought of an interview can set your heart a-thumping. Even the word itself, "interview" can bring on cold hands and stomach jitters. When you enter the office and face the employer you may have yet

Investment Banking Resumes – First Anniversary

My blog has just turned one year old. Last March, I have executed my plan as to set up a blog to help young people to write a good and effective investment banking resume.My blog experience is mostly encouraging, though some readers let me down.At the beginning, I was answering investment banking career related questions. At a later stage, someone approached me for a free resume critique which I

Schroders Graduate Scheme

Simon Brazier joined Schroders Graduate Scheme in 1998 and now his AUM is over £500m. Here's what he says about Schroders.Simon Brazier, Equities Fund Manager1998 - Assistant, fund management desk2000 - Managed own funds2006 - Managed UK equity fund2008 - Equities Fund ManagerThe Schroders Graduate Scheme gave me the skills and knowledge to take on my first role as Assistant on the UK fund

Do You Fancy Asset Management?

Asset management is an important arm of investment banking. Let’s look at one of the top players in the market – Schroders.Schroders – World’s Leading Asset Management CompanyAs one of the largest publicly quoted asset management companies in the world, Schroders have around £137 billion of funds under management, as of 30 June 2007, hiring some 2,400 individuals in 26 countries. Headquartered

Successful Young Female Investment Banker - III

I am going to introduce one more successful young female investment banker today. At the age of 30, Johanna Kyrkland joined Schroders Investment Management as their Head of UK Multi Asset. Her name appeared on the list of FN Rising Star in 2006 and 2007. She is another good example of start early. After graduating from Oxford in 1997, she joined Deutsche Asset Management. In 10 years time,

Successful Young Female Investment Banker - II

Many believe that the world of investment banking is dominated by men. Quite true to some extent, at least 80% of the population in my company’s database is men. However there are young female investment bankers who are doing exceptionally well. Today, I want to introduce Julie Chakraverty, who became a global head in about ten years of her investment banking career at UBS, along with many other

Successful Young Female Investment Banker

Many believe that the world of investment banking is dominated by male. That could be true to some extent. I have previously introduced Anthony Clake who was elected Partner of Marshall Wace at the age of 25.Today, I want to introduce a successful female investment banker, who at the age of 25, is elected for the second time as a Rising Star by FN in 2007. She is also one of the Rising Talents

Resume Cover Letter Sample

I read numerous cover letters daily. Today, two of them draw my attention. One is 3,000 words long, the other is 100. Obviously the latter one is more compelling. Whether his resume is impressive or not, I am interested to read his resume immediately.A resume cover letter is not an autobiography. There is absolutely no need to write 3,000 words. If you write skillfully, 100 words is good enough

Investment Banking Resume Critique

Here is my resume critique for the CEO resume that I posted yesterday.StrengthLength – just right. This is a CEO level resume, two pages is well acceptable.Layout – clean and tidy, a perfect look & feel. Author is clever enough as to bold only the years and locations. It is easy for readers to find out when he was doing what at where.Content – focus on achievements and career progression.Areas

Investment Banking Resume Sample - CEO Level

As promised, this is the one-page CEO investment banking resume. Please note all names are dummies. You can come back tomorrow and view my resume critique.RESUMEHENRY HEADHUNTERAcademic qualifications- London Economic School- International Senior Management Program at Stanford University- MBA, University of Boston (magna cum laude)Present position at BNPCEO of BNP Paribas which involves the

Investment Banking Resume – Long vs Short

Today I receive a resume of 9 pages. This reminds me of one question – is long resume better than short? In terms of investment banking resume, I always go for short.Many people believe that resumes have to be as detailed as possible. Yes, it has to be detailed, but it does not need to be long. If you are writing to an investment bank, a one-page resume is perfect. Many people found it