Economics

An Aptitude for Numbers

This grad with an M.S. in quantitative finance from Michigan describes a typical day as an associate in the New York office of UBS investment bank
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I work as an associate in an Asset Backed Securities group at the Swiss-based UBS (UBS) investment bank, one of the world's largest financial-services firms. At our New York location, my group is responsible for underwriting activities related to debt issuance by student loan corporations, nonprofits, and government agencies. I received an offer to join UBS several months before graduating from the University of Michigan.

As an associate, I primarily help our clients finance their operations through debt issuance in the capital markets. I'm also responsible for financial modeling, preparing various analyses, directing the work of several analysts, and preparing deal pitch materials (see BusinessWeek.com, 6/30/06, "Investment Banks Jockey for Position"Bloomberg Terminal).