1. Now Recruiting Fall 2015 Junior Analysts Applications Due April 23

2. Outline What is fixed income and credit research?
What do we do at the fund?
Why should I join the fund?
How can I join the fund?

3. What is fixed income?
An investment that provides a return in the form of fixed periodic payments and the eventual return of principal at maturity. The typical payments of a fixed-income security are known in advance.
Ex: Corporate bonds, government bonds, mortgage backed securities.

4. What is credit research?
Credit research is the process of analyzing a company or a particular bond to determine the likelihood of default.
Conduct fundamental analysis, looking at financials, ratios, industry trends, as well as more complex credit models such as KMV probability of default.
Similar to equity research but credit analysts look at all levels of the capital structure and work with distressed companies.

5. Why Fixed Income? More jobs due to relative size of market
Larger spectrum of products
Firms are training new hires to look at entire capital structure not just equity
Sell side firms merging credit & equity divisions
Transferable skill set

6. Our Fund
We have a mix of freshman, sophomores, juniors, and seniors across a variety of majors.

7. What do we do at the fund? Research companies Market update
Read 10k, 10q, earnings transcript
Stay up to date on industry trends
Create financial models like 3-statement, DCF
Market update
Bloomberg Terminal course
Create company and industry reports
Pitch investments

8. Responsibilities of Junior Analyst
Cover 2-3 companies in a sector
Compile research report on each company
Pitch buy/sell recommendations
Cover a part of the market for market update
Attend Bloomberg Course
Eventually, Junior Analyst may be promoted to Senior Analyst who covers an entire industry rather than specific companies. Three upperclassmen chosen to fill leadership roles each year.

9. Why MFIF? Build technical and professional communication skills
Build network of most dedicated students in Isenberg and UMass
Interact with alumni in Finance industry as well as faculty
Better position yourself to find an internship or job

10. Why MFIF? Members have received offers at top firms in:
Investment Banking
Bulge Bracket S&T
Management Consulting
Asset Management
Buy Side Credit Research
Big-4 Audit
Corporate Finance
Insurance

11. How can I join the fund?
Applications are now open on our website. We will be accepting applications through Thursday, April 23. Please visit our website and complete the application, then send it in along with your resume and unofficial transcript to our .
Website: minutemenfund.com

12. Questions?
Visit our website or send us an if you have any questions about the fund or application process. Additionally, feel free to reach out to any member of our leadership team.
Website: minutemenfund.com
Alex Brown:
Alex Geshwind:
Ryan Harwood:

13. Now Recruiting Fall 2015 Junior Analysts Applications Due April 23