1 GRADUATE OPPORTUNITIES IN ECONOMIC AND FINANCIAL CONSULTING GRADUATE OPPORTUNITIES FTI Consulting, Inc. A
3 Who We Are FTI Consulting is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,000 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring. Economic and Financial consulting FTI Consulting is one of the world s thought leaders in economic and financial consulting. We provide our clients with clear analysis of complex economic and financial issues for use in legal and regulatory proceedings, strategic decisions and public policy debates. Our clients include leading law firms, corporations and government agencies. Our practice areas include: Business Valuation Intellectual Property Claims and Disputes Competition Policy International Arbitration Regulated Industries Energy Financial Services Practice - Financial Products - Compliance and Governance GRADUATE OPPORTUNITIES FTI Consulting, Inc. 1
4 OUR PEOPLE WORK TOGETHER TO SOLVE COMPLEX, UNSTRUCTURED PROBLEMS.
5 What We Do We work on a wide range of assignments addressing challenging business issues that have real-life implications. Some examples of recent projects include: HOW DO YOU CALCULATE THE IMPACT OF THE ALLEGED LIBOR FIXING? FTI Consulting was asked to examine interbank rates in various geographical locations and currencies and determine whether there was any evidence of manipulation. Using econometric analysis, we then produced a forecast of how interbank rates might have been expected to behave to give an opinion on what these rates should have been in the absence of any manipulation. what is THE FINANCIAL IMPACT OF UNFAIR GAS CONTRACTS? FTI Consulting was engaged by a major gas company which had entered into arbitration with their supplier of gas, alleging that the contract price for gas was unfair as a result of the reduction in the open market spot price. We produced a report detailing their loss as a result of being held to that contract. A discounted cash flow model was produced to allow a comparison of the actual situation with the counterfactual to estimate losses. We also included an overview of gas markets in Europe involving the collection of data on gas markets in Europe and comparing the way gas is bought and sold. how do you VALUE A LAPTOP MANUFACTURER? FTI Consulting was engaged by a leading financial institution to value an investment in an international laptop manufacturer. Using forecasts for growth in the local economy and the market for consumer electronics, we constructed an estimate of the profitability of the company over the next five years. Our analysis also included an estimate of the synergies that would result from a takeover of the company. GRADUATE OPPORTUNITIES FTI Consulting, Inc. 3
6 What is the effect of changing prices on revenues? A company responsible for licensing the rights to reproduce certain content protected by copyright tasked us with modelling the impact of a planned change in pricing structures. We estimated the responsiveness of customers to changes in price using historical data, and produced a report detailing the potential effects of the new structures on different types of customer. Based on our work, the company significantly changed its pricing structures. HOW DO YOU CALCULATE LOSSES FROM BUSINESS DISRUPTION? FTI Consulting was hired by an aluminium producer to assist in calculating the losses suffered as a result of damage to the transportation route used by the company. The company incurred losses as it was not able to produce as much aluminium as it would otherwise have done due to problems in the supply of raw materials. The company also incurred increased costs as it attempted to mitigate the effects of the disruption. We assessed the lost profit resulting from the loss of production and the incremental costs that the company incurred in its efforts to restore the supply of raw materials and minimise the negative impact on production. how do you VALue THE LOSSES FROM DERIVATIVES CONTRACTS? FTI Consulting was asked to analyse the losses suffered by a major financial institution due to the unwinding of complex derivative transactions at the height of the 2008 financial crisis. We examined transaction documents and gave an opinion on the losses incurred and this information was taken into account by the client when calculating the value of the positions at close-out. 4 FTI Consulting, Inc. GRADUATE OPPORTUNITIES
7 GRADUATE OPPORTUNITIES FTI Consulting, Inc. 5
8 6 FTI Consulting, Inc. GRADUATE OPPORTUNITIES
9 EXTRAORDINARY GRADUATES EXTRAORDINARY OPPORTUNITIES We are looking for exceptional graduates and post-graduates who have or expect a first or upper-second class degree (or post-graduate equivalent) from a leading university. DO YOU WANT AN OPPORTUNITY TO: Apply your skills and intellect to real world economic, financial and business issues Expand your skills through further qualifications, challenging projects and in-house training Use your numeracy and analytical skills in creative ways Work with a highly professional team of experts GRADUATE OPPORTUNITIES FTI Consulting, Inc. 7
10 Meet Some Of Our People FTI handles some of the most interesting and challenging problems in the world today; and has some of the brightest and most capable people that there are in consulting. If you re analytical and creative and interested in learning more about how the world really works, this is the place to be. Chris Osborne, Head of EFC EMEA Kristina Danilova Research Analyst I joined EFC as a new graduate after completing an MSc in Accounting and Finance at the LSE. What initially attracted me to FTI Consulting was the variety of projects and the ability to get a deep knowledge of different industries. To date I have worked on disputes in the oil and gas, metals and telecommunication industries. I enjoy the supportive environment at work, the complexity of issues we face every day and the fact that new graduates are given a lot of responsibility early on. Lun Yaoguo Research Analyst I joined FTI after graduating with a Masters in Finance from the University of Warwick. I was initially attracted to the Economic and Financial Consulting team because of the opportunity to apply numerical and analytical skills I have learnt to a wide range of cases. Since joining the company, I have worked on disputes and regulatory investigations in different industries including financial services, energy and hospitality. I have enjoyed the intellectual rigour required to solve complex valuation problems and the culture here creates a healthy environment for new joiners to learn and develop. 8 FTI Consulting, Inc. GRADUATE OPPORTUNITIES
11 Rachel Scarfe Research Analyst I joined FTI Consulting in September 2012, after studying Maths at Durham University. Since then I ve worked on several projects. Two of the most interesting have involved analysing the interest rate submissions of a large investment bank, and advising a drinks manufacturer on promotions and discounts they can offer helping them ensure that they comply with competition laws. The work can be hard, but being projectbased means it s very varied and the people are friendly. I would recommend this job to anyone with an interest in finance who enjoys problem solving. Sam Davey Research Analyst Having completed a Master of Mathematics degree from Cambridge, I gained some professional experience with customer analytics in the FMCG industry. At FTI Consulting I have been involved in regulatory projects anchored in economics and also assignments that have allowed me to develop valuation skills. We usually work in small teams and this has given me great senior exposure and plenty of opportunity to step up and carve out significant roles on the projects in which I have been involved. The pressure can be high, but the people are bright, relaxed, and eager to share their expertise available to the rest of the team. Vivian Lee Associate I graduated with a degree in mathematics and had little knowledge in finance and economics before I joined the graduate programme. Working directly with recognised leaders in industry and talented colleagues quickly equipped me with the skills required. Since joining I have provided consulting services to toptier investment banks, investment management firms and credit rating agencies on international disputes and arbitration matters arising from the credit crunch and the European debt crisis. I have also had opportunities to meet with clients and explore new market opportunities in Singapore. GRADUATE OPPORTUNITIES FTI Consulting, Inc. 9
12 What We Can Offer You A very competitive salary and benefits package Support to pursue professional qualifications such as the ACA (Chartered Accountant), the CFA (Chartered Financial Analyst) or other relevant post graduate qualifications A comprehensive in-house learning and development programme and external training Interesting and challenging projects that will develop your technical and professional capabilities The chance to work in a variety of practice areas and industries with recognised financial and economic experts The unique, exciting and rewarding experience of being part of a young and growing practice with high ambitions for itself and for each individual it brings into the team A well defined career path with regular appraisals and professional guidance 10 FTI Consulting, Inc. GRADUATE OPPORTUNITIES
13 GRADUATE OPPORTUNITIES FTI Consulting, Inc. 11
14 How To Apply For further information and details of how to apply, please visit fticonsulting.co.uk/graduates to submit your C.V. and cover letter. Closing date for applications is 17 November
15 Global Reach We deploy more than 4,000 professionals in 24 countries from every major financial centre to every corner of the globe so that we can serve our clients wherever challenges arise. Europe, Middle East, Africa Belgium Brussels France Paris Germany Berlin Frankfurt Munich Ireland Dublin Qatar Doha Russia Moscow South Africa Cape Town Johannesburg Spain Madrid United Arab Emirates Abu Dhabi Dubai United Kingdom London Northampton Stirling Asia Pacific Australia Brisbane Gold Coast Melbourne Sydney West Perth China Beijing Guangzhou Hong Kong Shanghai Indonesia Jakarta India Mumbai New Delhi Japan Tokyo Philippines Manila Singapore Singapore Latin America Argentina Buenos Aires Brazil Rio de Janeiro São Paulo Colombia Bogotá Mexico Mexico City Panama Panama City North America Canada Calgary Toronto Vancouver United States Annapolis Atlanta Baltimore Boston Brentwood Charlotte Chicago Coral Gables Dallas Denver Detroit Great Neck Houston Indianapolis Los Angeles McLean Miami Morristown Mountain Lakes New York Oakland Pasadena Philadelphia Phoenix Pittsburgh Princeton Red Bank Rockville Roseland San Francisco Santa Barbara Seattle Troy Tucson Walnut Creek Washington Wayne West Palm Beach Winston-Salem
16 About FTI Consulting FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. FTI Consulting professionals, who are located in all major business centres throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management and restructuring FTI Consulting, Inc. All rights reserved.
Effective Positioning of the Risk Management Organization Enabling the Chief Risk Officer s Success THIRD IN A SERIES Introduction The outcome of the relationship between risk professionals and line managers
The World s Most Competitive Cities A Global Investor s Perspective on True City Competitiveness A report by Site Selection magazine in cooperation with IBM Global Business Services The World s Most Competitive
WHY TRAIN TO BE A LAWYER WITH CLIFFORD CHANCE? IN OUR OWN WORDS We want to explain why Clifford Chance is a stimulating and rewarding place to train as a commercial lawyer, and provide insights into our
Franklin Resources, Inc. A N N U A L R E P O R T»04 Corporate Profile» Franklin Resources, Inc., is the holding company for various subsidiaries that, together, are referred to as Franklin Templeton Investments,
Management Consulting Group PLC Management Consulting Group plc provides management expertise, guidance and professional services to many of the world s leading companies. MCG operates through two independently
2015 Salary Guide Accounting & Finance Table of Contents 1 From the Chairman 2 Understanding the Salary Guide 3 The Hiring Environment 10 Accounting and Finance Salaries 25 Customizing Salaries for Local
How to Win with Big Data The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner with clients from the private, public,
Learning from their success A study into women executives In these times of decreasing productivity, encouraging stronger female participation at all levels of an organisation is good for business. Hay
the new rules of engagement How people work, and what they want from an employer, is changing. Major forces are reshaping the business environment as we know it, and rewriting the rules of employee engagement.
Table of Contents From the Chairman... 1 Using the Guide... 2 Hiring and Management Trends... 3 Salaries for Legal Professionals in the United States... 8 Adjusting Salaries for U.S. Cities... 13 Local
2015 SALARY GUIDE For the Legal Field Table of Contents From the Chairman... 1 Understanding the Salary Guide... 2 Hiring and Management Trends United States... 3 Salaries for Legal Professionals United
100% online course developed exclusively for sports professionals and high performance athletes The University of Hertfordshire TRANSITION On Your Marks... SUCCESS Leading the field in higher education
GRADUATE BUSINESS SCHOOL Postgraduate MBA and Taught Masters Programmes Academic rigour with the professional edge TOP 10 REASONS TO CHOOSE US 1. Want to study in one of the world s finest Universities?
ediscovery and Information Governance Practice Overview ediscovery and Information Governance Electronic discovery, or ediscovery, is increasingly changing from the exception to the norm in modern litigation.
High-Performance Organizations The Secrets of Their Success The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading advisor on business strategy. We partner with
Global MBA One program, two options. At a glance Global MBA / 3 Language: English Format: Duration: Intakes: Where: URL: Blended (combines online classes with face-to-face periods) 15 months Fall and Spring
DATA CENTRE RISK INDEX Informing global investment decisions ANTICIPATING RISKS CHANGES FOR THE DATA CENTRE RISK INDEX The Data Centre Risk Index ranks countries according to a number of risk factors that
Postgraduate s from Bristol Business School www.uwe.ac.uk/bbs Practical Learning for the real world Staff and students from diverse cultural backgrounds bring a global perspective to the overall learning
Lifting the Barriers to E-Commerce in ASEAN Lifting the barriers to retail e-commerce in the region will provide a unique way to contribute to economic integration across Southeast Asia. Lifting the Barriers
or break Make How leaders keep promises in business 12 2008 While CEOs make promises about what their organisation can deliver, it is their senior managers who keep these promises on their behalf. This
the evolving role of the chief sales officer in an e-commerce era E-commerce has come a long way since the introduction of the virtual shopping cart. Ever-advancing technology and the rapidly growing number
OUR PREMIUM MBA SERVICES World MBA Tour Premium Connect 1-2-1 What schools say about QS We found that the QS tours and their help to us in promoting our programs have been critical to our success. We started
OIL & GAS GLOBAL SALARY GUIDE 2013 Global salaries and recruiting trends. SURVEY SUMMARY DISCIPLINE AREAS COVERED 24 COUNTRIES WORLDWIDE REPRESENTED 53 RESPONDENTS WORK WITH A GLOBAL SUPER MAJOR 2,500+