1. Bay Street 101 Preparation Session March 12, 2013

2. What is Finance? Have you ever made financial decision? Have you ever made financial decision? Believe it or not, EVERY DAY Believe it or not, EVERY DAY Finance addresses questions regarding VALUE Finance addresses questions regarding VALUE Finance is an area between Economics and Accounting Finance is an area between Economics and Accounting

3. What is Finance? Allocate limited resources over time so as to maximize one’s utility Allocate limited resources over time so as to maximize one’s utility Maximize expected return subject to risk and other constraints Maximize expected return subject to risk and other constraints Raise capital and invest in profitable projects Raise capital and invest in profitable projects

4. Is Finance Right For You? Yes if you are looking for a career that is interesting, rewarding, energetic, dynamic, applicable, creative, …. Yes if you are looking for a career that is interesting, rewarding, energetic, dynamic, applicable, creative, …. Yes if you are good at logic and decision- making Yes if you are good at logic and decision- making Yes if you are interested in the financial markets Yes if you are interested in the financial markets

5. Career in Finance Banking Banking Loan manager Loan manager Mortgage manager Mortgage manager Branch manager Branch manager Personal/private banking account manager Personal/private banking account manager

6. Career in Finance Investment Banking Investment Banking Equity research Equity research Initial public offer Initial public offer Seasoned offering Seasoned offering Mergers & acquisitions Mergers & acquisitions Trading Trading

7. Career in Finance Asset Management Asset Management Mutual fund manager Mutual fund manager Pension funds (CPP, OTPP) Pension funds (CPP, OTPP) Insurance companies Insurance companies Financial Planning Financial Planning Financial advisor/consultant Financial advisor/consultant

8. Career in Finance Corporations Corporations Treasurer Treasurer Chief financial officer Chief financial officer Public Sector Public Sector Ministry of Finance Ministry of Finance Bank of Canada Bank of Canada

9. Career in Finance Accounting Firms – the Big Four Accounting Firms – the Big Four Insurance Companies Insurance Companies Hedge Funds Hedge Funds Private Equity Firms Private Equity Firms

10. Professional Designation Canadian Securities Institute (CSI) Canadian Securities Institute (CSI) CSWP, PFP, CIM, MTI CSWP, PFP, CIM, MTI https://www.csi.ca/student/en_ca/home.xhtm https://www.csi.ca/student/en_ca/home.xhtm Certified Financial Planner (CFP) Certified Financial Planner (CFP) https://www.fpsc.ca/ https://www.fpsc.ca/ Chartered Financial Analyst (CFA) Chartered Financial Analyst (CFA) https://www.cfainstitute.org https://www.cfainstitute.org

11. Get Ready? Accounting courses Accounting courses Connections & Networking Connections & Networking Extracurricular activities Extracurricular activities Read financial news daily Read financial news daily