1. Introduction to the Tozzi Center For Finance Career Searches Ross School of Business Finance Club By Zachary Emig MBA Class of 2005

2. Presentation Outline I. General Overview II. Bloomberg III. FactSet IV. Bank Research Portals V. Conclusion

3. I. General Overview One of newest, most extensive Business school trading rooms in the country One of newest, most extensive Business school trading rooms in the country Open to all MBA students Open to all MBA students Unless a class is using it, free to come in any day of the week Unless a class is using it, free to come in any day of the week Schedule available at: Schedule available at: http://www.bus.umich.edu/FacultyResearch/Researc hCenters/Centers/Tozzi/Lab/ http://www.bus.umich.edu/FacultyResearch/Researc hCenters/Centers/Tozzi/Lab/ Classes in Tozzi: FIN 640 (Fin. Trading), FIN 725 (Portfolio Mgmt.) Classes in Tozzi: FIN 640 (Fin. Trading), FIN 725 (Portfolio Mgmt.)

4. II. Bloomberg All Ross School Of Business students can sign up for a free Bloomberg login All Ross School Of Business students can sign up for a free Bloomberg login Sign-up takes 10~15 minutes Sign-up takes 10~15 minutes Once you have a Bloomberg account, you can come in and use Bloomberg whenever you want (during free lab hours) Once you have a Bloomberg account, you can come in and use Bloomberg whenever you want (during free lab hours)

5. II. Bloomberg (cont.) Bloomberg is a very useful tool for following the markets, researching companies, keeping up with current events Bloomberg is a very useful tool for following the markets, researching companies, keeping up with current events At various points during the school year, Bloomberg certification classes are held in Tozzi (free to MBA students) At various points during the school year, Bloomberg certification classes are held in Tozzi (free to MBA students) Finance Club 2004 Coursepack, section 8 has many useful Bloomberg commands Finance Club 2004 Coursepack, section 8 has many useful Bloomberg commands

6. II. Bloomberg (cont.) Useful Bloomberg Commands: CommandUse ACDR Earnings announcement calendar BBT Live prices/yields for active US Treasuries BTMM Live prices/yields for rates products CINX Live crude and fuel oil prices ECO Calendar of recent/upcoming economic releases FXC Key cross currency rates LEAG Underwriter rankings (important for Investment Banking) MA Recent M&A news; league tables MOST Most active stocks N News menus OTOP Top oil-related news TII Displays outstanding inflation-indexed Treasuries (i.e. TIPS) WEI Displays world equity indices YCRV Tool for plotting multiple yield curves

7. III. FactSet Useful tool for screening on stocks, researching companies & sectors Useful tool for screening on stocks, researching companies & sectors On every computer in the Tozzi Center, although certain workstations have “fuller” versions On every computer in the Tozzi Center, although certain workstations have “fuller” versions Does not require a login/password, so available for use whenever the Tozzi Center is available Does not require a login/password, so available for use whenever the Tozzi Center is available

8. III. FactSet (cont.) Tip: the version of FactSet with the “FRD” button along the left side is very powerful Tip: the version of FactSet with the “FRD” button along the left side is very powerful FRD = First Research Direct = access to IB research reports on the current company and its sector FRD = First Research Direct = access to IB research reports on the current company and its sector VERY useful for S&T&R interviews: having research reports is like having a cheat sheet of what Wall Street thinks about a stock!!! VERY useful for S&T&R interviews: having research reports is like having a cheat sheet of what Wall Street thinks about a stock!!!

9. IV. Bank Research Portals Tozzi Center has logins to 4 banks’ institutional research portals: Tozzi Center has logins to 4 banks’ institutional research portals: –Morgan Stanley –Merrill Lynch –UBS –Citigroup Only Kai has these logins, so use is restricted to the Tozzi Center Only Kai has these logins, so use is restricted to the Tozzi Center

10. IV. Bank Research Portals (cont.) Again, these are tremendous resources for recruiting that other schools do not have Again, these are tremendous resources for recruiting that other schools do not have Research reports help you: Research reports help you: –Learn different products (CDOs, MBS, FX, etc.) –Follow arguments about what’s happening in the economy –Get the sell-side’s view on individual stocks and sectors Two I’d recommend: Two I’d recommend: –UBS’ Brokerage Industry – What to Watch (monthly) –Merrill’s The Market Economist (weekly) by David Rosenberg

11. V. Conclusion The Tozzi Center is very useful for any job search: Goal Career Path Tool Learn more about banks/companies coming to hire Any finance Bloomberg for company news; FactSet for financials, analyst reports; Research portals for Wall Street view Follow the markets, news Any finance Bloomberg Put together stock pitches S&T, Equity Research, PCS 1. FactSet, 2. Bank research portals Form views on the economy S&T, Equity Research, PCS Bank research portals Learn about exotic financial products S&T Bank research portals Look up bank league tables IBBloomberg

12. V. Conclusion (cont.) Don’t underestimate how unique a resource Tozzi is among business schools Don’t underestimate how unique a resource Tozzi is among business schools A couple of Chicago FinClub members drove down here just to see it; mentioned they have 1 Bloomberg terminal in the entire school A couple of Chicago FinClub members drove down here just to see it; mentioned they have 1 Bloomberg terminal in the entire school S&T: I have a CD of useful technical guides; see me in breakout session S&T: I have a CD of useful technical guides; see me in breakout session Q&A Q&A