FAWAinsider

May
26th

Sat

Sheryl Sandberg Addresses the Harvard Business School Class of 2012:

Get on a rocket ship. When companies are growing quickly and they are having a lot of impact, careers take care of themselves. And when companies aren’t growing quickly or their missions don’t matter as much, that’s when stagnation and politics come in. If you’re offered a seat on a rocket ship, don’t ask what seat. Just get on.

May
24th

Thu

Azure Capital Future Leaders in Finance Event - Visions for WA Beyond the Current Growth Cycle

Azure Capital and the Finance Association of Western Australia are pleased to invite you to attend the first Future Leaders in Finance Event for 2012:

Visions for WA Beyond the Current Growth Cycle

The evening will feature an ABC-style “Q & A” session – hosted by Geoff (Tony Jones) Rasmussen, Managing Director of Azure Capital. Panellists include leading West Australians Hon. Christian Porter, Barry Felstead, Eve Howell, Nev Power and John Poynton. You will have the opportunity to ask questions to the panellist and participate in the discussion, as well as network with our panellists and Azure Capital team. Refreshments will be provided.

Date: Thursday 31^st May 2012

Time: 6.00pm for a 6:30pm start (finishing at c. 8:30pm)

Location: Banquet Hall South, The University Club of Western Australia

Dress: Business Attire

Apply: Register your interest at http://tinyurl.com/bnqe3h8 and email your CV to applications@fawa.com.au by Monday 28 May (12pm). Places are limited and invitation will be sent within 24 hours of the closing date.

ABOUT OUR PANELLISTS

Hon. Christian Porter

Christian is the Western Australian Treasurer and Attorney General, as well as the Liberal Member for Bateman. Prior to entering parliament, Christian held roles as a commercial litigator for Clayton Utz, legal advisor to the Federal Justice Minister, and Senior State Prosecutor for the WA Office of the Director of Public Prosecutions.

Barry Felstead

Barry is the Chief Executive Officer of Burswood Entertainment Complex. As Joint Chairman of FutureNow, National Councillor of Australia Business Arts Foundation and board member of Burswood, Gaming Community Trust, Celebrate WA and member of the General Council for the Chamber of Commerce and Industry, Barry has a keen interest in the community and a desire to make a significant contribution corporately.

Eve Howell

Eve has over 40 years experience in the oil and gas industry including roles as Executive Vice President for North West Shelf and Health, Safety and Security at Woodside Energy. Eve is currently a Non-Executive Director of Downer EDI, Mermaid Marine, the West Australian Ballet and the Ngarluma & Yindjibarndi Foundation.

Nev Power

Nev joined Fortescue Metals Group as Chief Operating Officer in February 2011 and was appointed Chief Executive Officer in July 2011. Previously, Nev was Chief Executive - Australian Operations for Thiess and spent more than 10 years in senior executive positions with Smorgon Steel Group.

John Poynton AM

John is a Co-founder and Executive Chairman of Azure Capital, Deputy Chairman of Austal and a Non-Executive Director of Burswood. Previously, John was a Chairman of Alinta and Fleetwood, was a director of Multiplex and a member of the Payments Systems Board of the Reserve Bank of Australia and of the Business School at UWA.

ABOUT AZURE CAPITAL

Azure Capital is a leading independent corporate adviser based in Perth, Western Australia. Azure provides a comprehensive range of services in mergers & acquisitions, equity and debt capital markets, funds management and agriculture. Since its establishment in 2004, Azure has completed many landmark transactions earning it international recognition.

Applications for Azure Capital’s 2012/2013 Summer Internship Program are now open. For further details, visit the Careers section at www.azurecapital.com.au.

For more information on FAWA, visit www.fawa.com.au

FAWA Interview Workshop

FAWA is happy to announce that we are running an INTERVIEW WORKSHOP on TUESDAY 29 MAY 5-7PM (BUSN: CASE STUDY ROOM 142).

If you are interested in applying for internships/graduate positions at Investment Banks, Consulting or Accounting firms and unsure about the process this is an excellent opportunity to have your questions answered.

FIRST HOUR: Representatives from Credit Suisse and Bain will be present to explain the different stages of their interview processes.

SECOND HOUR: FAWA will run through some common but tough interview questions, and tips on how to get around them.

FAWA members present who have received positions at Azure Capital, Bank of America Merill Lynch, Credit Suisse, Goldman Sachs, Macquarie Capital, RBS, UBS AG, Clayton Utz, Xstrata, Deloitte, Boston Consulting Group will also be available to give advice and will try to answer any questions you may have.

COST: The cost of the event is $5 to be paid at the door.

May
22nd

Tue

AFR Release iPad App…Finally

After months of rumours and dropping hints, the Australian Financial Review has today finally released its iPad App.

The App offers a large array of content from the newspaper and its inserted magazines, including AFR Magazine and Boss. It also includes the AFR’s weekly sections - Marketing and Media, Education, Portfolio, Arts & Saleroom, Men’s Health, Life&Leisure and Review.

The App is available to existing five- and six-day afr.com subscribers for free. Otherwise, a digital subscription can be purchased for $680 (full year). For more info, visit: www.afr.com

May
20th

Sun

The IPO Process

Some commentary on the IPO process in general (US-specific), as well as in relation to Facebook specifically.

May
18th

Fri

The Facebook Float

Tonight at approximately 11pm WST Facebook is set to start trading (an hour and a half or so after the NASDAQ opens). Mark Zuckerberg is set to ring the opening bell, though personally I’d prefer Jesse Eisenberg to be running things.

Bloomberg has some good overall coverage. NYT Dealbook has a bunch of infographics, on expectations for Friday’s closing price, tech IPO dates and company values, along with IPO raising sizes and timelines. Perth Now also has a terrific article on the value of Facebook to Australian investors.

For those interested in the very specific details, annotated versions of the SEC filings for the IPO are available.

During the roadshow there was plenty to talk about. A Facebook-produced video did the rounds, receiving rave reviews. Virginia Heffernan even thought it was better than Aaron Sorkin’s “The Social Network”, at least in giving an insight into the Zuckerberg way.

NYMag look at Zuckerberg as CEO, his management style and growth throughout the years. For the story of how Facebook’s Bankers got their gig, have a read here. SiliconRepublic has had a look at Facebook as represented in popular culture. For details of the delicate art of IPO pricing, have a read here.

If you’ve bought into the Facebook IPO, let us know!

May
15th

Tue

Art as a commodity

Has contemporary art lost it’s way? As the high flying world of billionaire art collectors amass their private ‘for their eyes only’ collections, the art market is starting to mirror the financial market more and more. Many artists are creating works solely to lure these private investors and start bidding wars among private equity firms and hedge funds such as The Art Trading Fund, The China Fund, The Competitor Fine Art Fund among others.

The sale of Andy Warhol’s “Double Elvis (Ferus Type) for $37 million to Jose Mugrabi (owner of the world’s largest Andy Warhol collection), and the production of goods by Takashi Murakami for the design house Louis Vuitton are prime examples of the commodification of art.

The question then arises whether by being commoditised and used as financial instrument used to maximise profits, does art loose it’s critical edge? In an article for Bloomberg View, Mark C. Taylor argues that it does.

http://www.bloomberg.com/news/2012-01-30/is-modern-finance-ruining-modern-art-part-1-commentary-by-mark-taylor.html

May
14th

Mon

Macquarie Group – Summer Internship program information session

Date: Tuesday 22^nd May

Time: 1pm - 3pm

Location: Don Voelte Case Study Room (101), UWA Business School

Macquarie is a global provider of banking, financial, advisory, investment and funds management services, employing more than 14,200 people in over 28 countries.

This information session will focus on the Macquarie Capital Group who specialise in corporate advisory and capital market activities – mergers and acquisitions, divestments, public-private partnerships, equity capital markets, debt capital markets, debt structuring and distribution advice and general strategic and financial advice. These services are aligned across six different industry groups. Macquarie Capital also undertakes principal investments across a range of industries.

Macquarie Capital offers its professionals a dynamic working environment, exposure to multi-million dollar and cross-border transactions, and a career geared towards ongoing learning and development through both formal training and real world experience.

We invite you to join us at our information session on campus to learn more about our 2012/13 Summer Internship opportunities, where you will have the opportunity to hear from and network with representatives from the Macquarie Capital Group.

Refreshments will be provided in the courtyard after the presentation where we will be available to personally answer any of your questions.

The 2012/13 Summer Internship program is open to students from first to penultimate years of study, application dates are as follows:

Melbourne: Applications open 4 June 2012 and close 28 June 2012, 12pm EST
Perth and Sydney: Applications open 2 July 2012 and close 26 July 2012, 12pm EST

May
11th

Fri

Azure Capital Future Leaders in Finance Event - Visions for WA Beyond the Current Growth Cycle

Azure Capital and the Finance Association of Western Australia are pleased to invite you to attend the first Future Leaders in Finance Event for 2012:

Visions for WA Beyond the Current Growth Cycle

The evening will feature an ABC-style “Q & A” session – hosted by Geoff (Tony Jones) Rasmussen, Managing Director of Azure Capital. Panellists include leading West Australians Hon. Christian Porter, Barry Felstead, Eve Howell, Nev Power and John Poynton. You will have the opportunity to ask questions to the panellist and participate in the discussion, as well as network with our panellists and Azure Capital team. Refreshments will be provided.

Date: Thursday 31^st May 2012

Time: 6.00pm for a 6:30pm start (finishing at c. 8:30pm)

Location: Banquet Hall South, The University Club of Western Australia

Dress: Business Attire

Apply: Register your interest at http://tinyurl.com/bnqe3h8 and email your CV to applications@fawa.com.au by Monday 28 May (12pm). Places are limited and invitation will be sent within 24 hours of the closing date.

ABOUT OUR PANELLISTS

Hon. Christian Porter

Christian is the Western Australian Treasurer and Attorney General, as well as the Liberal Member for Bateman. Prior to entering parliament, Christian held roles as a commercial litigator for Clayton Utz, legal advisor to the Federal Justice Minister, and Senior State Prosecutor for the WA Office of the Director of Public Prosecutions.

Barry Felstead

Barry is the Chief Executive Officer of Burswood Entertainment Complex. As Joint Chairman of FutureNow, National Councillor of Australia Business Arts Foundation and board member of Burswood, Gaming Community Trust, Celebrate WA and member of the General Council for the Chamber of Commerce and Industry, Barry has a keen interest in the community and a desire to make a significant contribution corporately.

Eve Howell

Eve has over 40 years experience in the oil and gas industry including roles as Executive Vice President for North West Shelf and Health, Safety and Security at Woodside Energy. Eve is currently a Non-Executive Director of Downer EDI, Mermaid Marine, the West Australian Ballet and the Ngarluma & Yindjibarndi Foundation.

Nev Power

Nev joined Fortescue Metals Group as Chief Operating Officer in February 2011 and was appointed Chief Executive Officer in July 2011. Previously, Nev was Chief Executive - Australian Operations for Thiess and spent more than 10 years in senior executive positions with Smorgon Steel Group.

John Poynton AM

John is a Co-founder and Executive Chairman of Azure Capital, Deputy Chairman of Austal and a Non-Executive Director of Burswood. Previously, John was a Chairman of Alinta and Fleetwood, was a director of Multiplex and a member of the Payments Systems Board of the Reserve Bank of Australia and of the Business School at UWA.

ABOUT AZURE CAPITAL

Azure Capital is a leading independent corporate adviser based in Perth, Western Australia. Azure provides a comprehensive range of services in mergers & acquisitions, equity and debt capital markets, funds management and agriculture. Since its establishment in 2004, Azure has completed many landmark transactions earning it international recognition.

Applications for Azure Capital’s 2012/2013 Summer Internship Program are now open. For further details, visit the Careers section at www.azurecapital.com.au.

For more information on FAWA, visit www.fawa.com.au

May
3rd

Thu

2012 Credit Suisse Australia Investment Banking Women’s Scholarship

Credit Suisse Australia is pleased to launch the inaugural Investment Banking Women’s Scholarship, intended to provide strong female students insight and exposure to Investment Banking.

The scholarship recipient will receive A$10,000 to help them plan their final year of university studies, as well as the chance to interview for a 2012 summer internship in Credit Suisse’s Investment Banking Division in Sydney or Melbourne.

What we look for:

The winner of the Credit Suisse Investment Banking Women’s Scholarship will demonstrate exceptional ability in the following areas:

Exceptional academic track record
Strong intellect/problem solving: Quantitative ability, systematic/logical approach, a critical thinker with excellent problem solving skills
Strong leadership: Able to lead and build a team, and promote loyalty and followership; accountable and ethical
Results oriented: Self-motivated, multi-tasker, resourceful, strong drive and work ethic
Collaborative: Empathetic team player who builds relationships and networks broadly
Strong communication skills: Articulate, confident, active listener

Am I eligible?

If you are a female undergraduate student with Australian permanent residency and in your penultimate year of study (graduating in 2013), we encourage you to apply.
We accept applications from students from any academic discipline or degree.
If you already hold other scholarships or intend to undertake a summer internship, you are still eligible and encouraged to apply.*
You do not need to possess any prior finance experience or knowledge.

How do I apply?

To apply or to find out more about this fantastic opportunity, please visit the Australian campus recruiting site at https://www.credit-suisse.com/careers/campus_recruiting/en/australia/index.jsp

Your application must include a cover letter addressed to the Campus Recruiter (with reference to Credit Suisse Scholarship 2012), resume and a copy of your academic transcript (certified copy preferred).

Application Deadline:

Midnight (AEST) on Wednesday, 16^th May, 2012

^*Please note students who hold scholarships from other investment banks are not eligible to apply.

Credit Suisse is an Equal Opportunity Employer and does not discriminate in its employment decisions on the basis of any protected category. To the extent permitted or required by applicable law, a candidate who is offered employment will be subject to a criminal record check and other background checks before the appointment is confirmed. © 2012 CREDIT SUISSE GROUP AG and/or its affiliates. All rights reserved.