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Entry-Level Programs/Full-Time Opportunities/Training Programs
Nearly 90 years of success on Wall Street, through every conceivable market
environment, is a testament to Cowen’s tradition of attracting and retaining highly
talented people. The best people in any industry want to work for a firm that is
committed to quality, engenders trust with its clients, encourages risk-taking and
rewards its people for creating and delivering successful ideas to its clients. Cowen
continues to benefit from professionals being some of the most highly regarded
individuals in their disciplines. Importantly, while Cowen is large enough to provide
every essential support to create success in one’s chosen pursuit, it is still of a size
that an individual can make an impact on the firm’s success.
Cowen actively recruits individuals from both the undergraduate ranks as well as the
graduate ranks across the U.S, in the following areas:
• Investment Banking: Be at the forefront of key growth industries, working to help
you meet the financing and capital-raising needs of corporate clients.
• Research: Join us for the rare opportunity to work alongside leading analysts in a
number of today’s fastest growing industries.
• Institutional sales and trading: Join our team of sales and trading professionals
and share their success based on depth of experience, strong client relationships and
dedication to the business.
For any inquiries about career opportunities at Cowen, please visit our web site at
www.cowen.com.
Cowen is an equal opportunity employer.
Cowen & Company
1221 Avenue of the Americas
New York, NY 10020
Phone: (646) 562-1000
Fax: (646) 562-1741
www.cowen.com
Locations
USBoston • New York • San Francisco
The Stats
Employees
2007: 525
2006: 537
Revenue
FYE 2007 Net Income: $(11.32) million
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Strategic Plan and Diversity Leadership
How does the firm’s leadership communicate the importance of diversity toeveryone at the firm?
Credit Suisse utilizes a variety of communication methods to convey the importance
of diversity, including events, programs, newsletters, marketing brochures, e-mail
memorandums, meetings and a web site on the company intranet.
Who has primary responsibility for leading overall diversity initiatives atyour firm?
Credit Suisse’s commitment to diversity and inclusion begins with the most senior
executives at the bank who manage diversity and inclusion as a business.
Accordingly, Managing Director and Credit Suisse’s Global Head of Diversity and
Inclusion Angie Casciato, reports directly to the chief executive.
Who has primary responsibility for diversity campus recruiting initiatives atyour firm?
Vice President, U.S. Head of Firm-wide Campus Recruiting Julie Kalish.
Does your firm currently have a diversity committee?
Global diversity and inclusion includes the successful implementation of many
initiatives set by Credit Suisse’s diversity advisory board, which is responsible for
setting and advancing our global diversity strategy.
Does the committee’s representation include one or more members of thefirm’s management/executive committee?
Ms. Casciato chairs this board, the members of which include managing directors
from across the businesses and from all regions.
Credit Suisse
11 Madison Avenue
New York, NY 10010
Phone: (212) 325-2000
Fax: (212) 325-6665
www.credit-suisse.com
Locations
Worldwide
Diversity Leadership
Julie Kalish
Vice President & US Head of Firmwide
Campus Recruiting
Contact Information
Ligia Gomez
Diversity Recruiter
E-mail: [email protected]
How many senior managers are on the committee, and how often did thecommittee convene in furtherance of the firm’s diversity initiatives in 2007?
The diversity advisory board consists of 27 members and meets quarterly. In
addition, each division has a diversity advisory council to implement the Bank’s
overall diversity and inclusion strategy. These members spend thousands of hours
throughout the course of the year.
Total senior managers on committee: 27
Number of diversity meetings annually: Four
Does the committee and/or diversity leader establish and set goals orobjectives consistent with management’s priorities?
Cultivating and fostering an inclusive workplace is a top priority and an integral part
of Credit Suisse’s business strategy. We believe that diversity breeds innovation. As
such, corporate citizenship integrates with business strategy. The business driver is
very clear—the first step in helping our clients meet their goals is making sure our
employees meet theirs.
Has the firm undertaken a formal or informal diversity program or set ofinitiatives aimed at increasing the diversity of the firm?
Yes, formal.
How often does the firm’s management review the firm’s diversityprogress/results?
Quarterly.
Recruitment of New Analysts and Associates
ON-CAMPUS
Please list the schools/types of schools at which you recruit.
• Ivy League schools
• Public state schools
• Private schools
• Historically black colleges and universities (HBCUs)
• Hispanic serving institutions (HSIs)
• Other predominantly minority and/or women’s colleges
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Do you have any special outreach efforts directed to encourage minoritystudents to consider your firm?
• Hold a reception for minority students
• Conferences: National Black MBA Association, Reaching Out, Out for
Undergraduate Business, National Association of Women MBAs, Society of
Hispanic Engineers, National Association of Black Accountants
• Advertise in minority student association publication(s)
• Participate in/host minority student job fair(s)
• Sponsor minority student association events
• Firm’s professionals participate on career panels at school
• Outreach to leadership of minority student organizations
• Scholarships or intern/fellowships for minority students
PROFESSIONAL RECRUITING
What activities does the firm undertake to attract women and minorities?
• Partner programs with women and minority banking associations
• Conferences: National Association of Women MBAs
• Participate at minority job fairs
• Seek referrals from other professionals
• Utilize online job services
Do you use executive recruiting/search firms to seek to identify new diversityhires?
Yes.
Who is the person in charge of attracting women and minorities to the firmfor lateral recruiting?
Director, Lateral Recruiting Lauren St. Pierre.
Internships
Summer Analyst Program and SEO program
Deadline for application for the internship: January 5th
Length of the program: 10 weeks
Web site for internship information: www.credit-suisse.com/careers
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Credit Suisse Overview
As one of the world’s leading banks, Credit Suisse provides its clients with
investment banking, private banking and asset management services worldwide.
Credit Suisse offers advisory services, comprehensive solutions and innovative
products to companies, institutional clients and high-net-worth private clients
globally, as well as retail clients in Switzerland. Credit Suisse is active in over 50
countries and employs approximately 48,000 people. Credit Suisse Group’s
registered shares (CSGN) are listed in Switzerland and, in the form of American
Depositary Shares (CSR), in New York.
Investment Banking
Credit Suisse offers a broad range of investment banking and securities products and
services to meet the needs of institutional clients, companies and government bodies.
Private Banking
Credit Suisse provides expert advice and a comprehensive range of investment
products and services tailored to the complex needs of high-net-worth individuals
globally as well as private and business clients in Switzerland.
Asset Management
Credit Suisse serves clients by offering products across the full range of investment
classes, from equities, fixed income and multiple-asset class products to alternative
investments.
Qualifications for all Internships
Credit Suisse is noted for the diversity of its employees, but seeks candidates with a
common set of abilities—highly motivated and creative individuals who have
demonstrated academic achievement, specifically in finance and accounting and have
the ability to work independently and as a member of a team. We look for intelligent,
driven and hardworking candidates with consistent leadership involvement in school
activities and athletics, and a solid interest in the financial sector.
Interested candidates must be between their junior and senior years at a four-year
college or university. Please apply though the career center and at www.credit-
suisse.com\standout.
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Program Structure
Credit Suisse’s Summer Programs begin with an intense one-week training period in
New York. The training curriculum varies by program, but summer analysts will
participate in a capital markets overview, accounting classes, a bond math review and
a library tour. You’ll be trained on Bloomberg and learn Credit Suisse technology
systems and databases.
Your learning experience will continue through the summer speaker series, where
you’ll hear from senior employees across the divisions. In addition, you will
participate in networking events and firm-wide events that will help ensure that you
are exposed to all the areas within the bank and understand the big picture of a global
investment bank. You will also enjoy interacting with the other summer analysts and
full-time employees at a variety of social events throughout the summer.
To help you determine your strengths and plan your career, summer analysts are
matched with mentors, who provide advice and guidance throughout the summer.
Summer Analyst: Investment Banking
Our ten-week Summer Analyst Program for rising college seniors gives you
outstanding exposure to business and the financial services industry.
Whether you are working alongside a full-time analyst or staffed as the only analyst
on a deal team, our summer program gives you the tools you will need to jumpstart
your career in finance and investment banking. Responsibilities may include
analyzing companies using financial modeling and valuation techniques, examining
the impact of a transaction on a client’s capital structure and analyzing the
consequences of a merger or acquisition.
Summer analysts will be placed directly into an industry or product group. As a
summer program participant, you will have the opportunity to work on deals in your
group/desk, gaining hands-on experience and working on all aspects of advising and
transacting business for our clients. Summer analysts are formally reviewed at the
mid- and endpoints of the summer and offers are made on the last day of the program,
enabling you to return to school with a full-time position secured.
Our U.S. regional breadth offers unique opportunities to execute transactions from
conception to close, which differentiates Credit Suisse from our competitors.
Summer Analyst: Alternative Investments
Credit Suisse Alternative Investments (AI) is a leading global alternative asset
manager involved in private equity, hedge funds and related activities. The AI
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businesses include the fund and alternative solutions hedge fund of funds groups
Quantitative Strategies and Volaris, as well as a diverse family of private equity
funds, including leveraged buyout funds, mezzanine funds, core and opportunity real
estate funds, secondary funds, CDOs and fund of fund businesses.
Credit Suisse AI is also the world’s leading placement agent in alternative assets,
raising capital for third-party managers through its private fund group and real estate
private fund group. The AI businesses have a 20-year history of strong investment
performance, with leading market share positions. The funds that typically hire are
multi-manager portfolios, leveraged investments, real estate private fund group,
private fund group, strategic partners and funds management.
Summer Analyst: Global Markets Solutions
The Global Markets Solutions Group (GMSG) is a global innovative coverage
initiative focused on delivering creative financial solutions to our clients. The group
combines originations efforts across equity capital markets (ECM), debt capital
markets (DCM), private placements and structured origination. GMSG professionals
coordinate with industry and coverage bankers to provide a single interface for all of
the firm’s capital markets, funding and structured products.
Summer analysts are placed directly onto a desk within a product area of global
markets solutions group. As a summer program participant, you will have the
opportunity to develop your analytical skills by using various financial techniques,
gain hands-on experience and interact with both internal and external clientele.
Summer analysts are formally reviewed at the mid and endpoints of the summer.
Summer analyst opportunities vary per product area and will be available in our New
York office.
Summer Analyst: Fixed Income or Equity Sales and Trading
The fixed income and equities departments at Credit Suisse offer two separate, 10-
week summer programs—one in equity sales and trading and one in fixed income
sales and trading. If chosen for a first-round interview, students will interview for
both the equity sales and trading and the fixed income sales and trading programs—
please only drop your resume once for these programs. Second-round interviews are
held separately and will be equity-specific or fixed income-specific. This will be
determined based on your first-round interviews. In both programs, you’ll spend one
week in training, followed by three three-week rotations on either fixed income or
equity desks.
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• Sales rotation: You’ll spend three weeks working within one sales product area. In
equity, this rotation will give you the chance to work with the coverage sales,
institutional sales, international sales, automated execution systems, prime services,
convertible sales or derivative sales teams. In fixed income, you’ll work with the
corporate, structured products, interest rates, structuring, global foreign exchange,
emerging markets, CDO group or derivatives sales teams.
• Trading rotation: You’ll spend three weeks working within one trading product
area. In equity, it will include the cash trading, derivative trading, program trading,
international sales trading and exchange traded funds teams. In fixed income, these
groups include the corporate, structured products, interest rates, global foreign
exchange, emerging markets, or interest rate products trading teams.
• Sales or trading rotation: You’ll spend your final three weeks on one of the
above-mentioned sales or trading desks in either fixed income or equity.
These programs are a great way to become familiar to the sales and trading arena, as
well as the overall investment process, gaining a broad and varied view of several
potential career paths.
Summer Analyst: Equity Research
If you’re a dynamic undergraduate looking for an intense and valuable introduction
to the equity research arena, the Equity Research Summer Analyst Program may be
for you. By working with one of our top-ranked senior research analysts, you’ll gain
an in-depth understanding of company analysis as well as the overall investment
process. You will also have exposure to other divisions at Credit Suisse, including
Credit Suisse global sales force, equity traders and institutional clients.
We offer our summer analysts a solid one-week training program to provide you with
the skills to join one of our outstanding research teams. Throughout the summer, you
may work on projects involving financial analysis and investigative research. Equity
research summer analysts also have the opportunity to learn financial modeling and
forecasting skills and to help produce research reports. In order to fully understand
equity research’s role at Credit Suisse, every summer intern will spend time with
equity salespeople and equity traders. In addition to your day-to-day responsibilities,
you’ll be assigned an industry-specific project to work on throughout the summer.
Summer Analyst: HOLT
The HOLT division of Credit Suisse is offering a summer internship program, based
in Chicago, for undergraduate students interested in learning and applying advanced
business strategy analysis and buy-side valuation methodologies.
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Through theoretical and applied research, HOLT has developed a framework that
better explains the dynamic relationship between corporate financial performance
and stock market pricing. HOLT’s central premise is that the stock market sets prices
based on cash flows, not traditional accounting measures of corporate performance.
As a summer analyst, you will gain exposure to multiple global industries, interact
with numerous areas of the bank, engage in strategic initiatives for key clients around
the globe, carry out in-depth analysis of the factors underlying corporate financial
performance and valuation, enhance your ability to structure and present persuasive
analyses, and gain financial analysis skills of leading investment management and
management consulting firms.
Summer Analyst: Real Estate Finance and Securitization
The Real Estate Finance & Securitization Group’s (REFS’s) main product areas fall
into the broad categories of real estate and real estate-related financial products—
commercial mortgage-backed securities, for example. This group operates in a
principal capacity as well as providing investment banking services to corporate
clients, institutions and publicly traded real estate companies.
REFS is organized into several operating teams:
• Origination Group: Organized on a geographic basis in both the New York and Los
Angeles offices, origination teams invest in debt and equity and combination
financing for office, industrial, retail, hotel and multi-family, single tenant and other
property types. Loans can be made for “whole loan” sale, securitization or balance
sheet purposes.
• Investment banking: Provides advisory services for companies and institutions
regarding their real estate activities. The work involves sale mandates, securitization,
mergers and acquisitions, and other transactions.
• Structured finance: Focuses on securitization transactions and other “financially
engineered” exits for REFS’s investments.
• Trading: Encompasses several units involving whole loans, commercial mortgage-
backed securities (CMBS) and derivatives.
As a summer analyst, you will develop your understanding of the field by working
on a variety of transactions. Summer analyst positions are located in New York.
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Summer Analyst: Information Technology
The IT Analyst Apprentice Program provides a learning and working experience at
an accelerated pace. Analyst Apprentice Participants (AAP) will join us to work at
Credit Suisse’s Global Information Technology organization in business analyst
development, infrastructure, and strategic IT roles. As a second-year or penultimate-
year student, AAPs will work full-time during the summers and a minimum of two
days per week, up to 19 hours, during the school semesters.
Whatever your role, you’ll make a genuine contribution as part of a program that
aims to give a thorough introduction to our IT division and at the same time giving
you great on-the-job training. The areas you could be part of include web and
software development, software engineering, quality assurance, planning &
engineering, change management, client relationship management, networking,
databases, system administration, software support and business analysis.
Throughout your tenure, your performance will be thoroughly evaluated. If you meet
our expectations and you are also interested in a career with us, you may be offered
a full-time position upon graduation on one of our formal hiring programs.
Scholarships
Douglas L. Paul Scholarship
Deadline for application for the scholarship program: December
Scholarship award amount: $5,000
Web site or other contact information for scholarship:
Credit Suisse will offer $5,000 scholarships to a number of college sophomores of
African, Latino and Native American descent. Recipients of the scholarships will be
selected based on their academic excellence, leadership abilities and interest in the
financial services industry. In addition to monetary resources, Doug Paul Scholars
will have the chance to participate in our 10-week rotational program in New York.
This program provides students with an educational opportunity to learn about the
various areas of an investment bank, with rotations in equities, fixed income and
investment banking. Scholars will receive a stipend for the duration of the 10-week
program. During the program, students are given mentors to provide valuable insight
into Credit Suisse, Wall Street and financial services.
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Affinity Groups
Credit Suisse Employee Networks
Credit Suisse’s Global Employee Networks bring people together from across the
bank to share information, ideas and experiences. These diverse groups help
employees balance their work and personal lives and promote career development
through networking, informal mentoring, education and access to senior
management. Activities include panel discussions, lecture series, seminars,
presentations and study groups, as well as workplace support groups that raise
awareness of a wide array of diversity issues. Every sitebased network is inclusive
and open to all Credit Suisse employees who wish to participate.
Americas Women’s Network
The AWN is dedicated to developing careers, attracting talent, cultivating client
relationships, and promoting camaraderie between women. The mission is to support
career development through educational and relationship building opportunities, to
win business and to advance Credit Suisse’s diversity and inclusion strategy.
Multicultural Resource Network
The vision of the Multicultural Resource Network is to understand and convey the
importance of diversity within Credit Suisse while leveraging the collective
knowledge of our multicultural work force. Establishing an effective network, serves
as a catalyst for educating employees on our cultural differences; promotes and
celebrates diversity within the bank; and fosters networking and professional
development opportunities.
Open Network
The vision of the Credit Suisse Open Network is to support a diverse, inclusive and
open environment that enables lesbian, gay, bisexual and transgender (GLBT)
professionals to maximize their professional growth and contribution to the Bank’s
success.
Family Network
The Family Network provides holistic programming around the various aspects of
family responsibilities including, but not limited to, caring for children, parents and
grandparents. The Network supports employees by hosting programs, discussion
sessions and speakers with topics relevant to: Future and Expectant Parents, Parents
of Infants and Toddlers, Parents of Middle School/HS, Parents of Children With
Special Needs, Elder Care.
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Diversity Mission Statement
Diversity and inclusion at Credit Suisse is about an inclusive culture across the bank
where employees’ differences are valued and leveraged for the benefit of the
business, employees are given opportunities to realize their full potential and all
employees are treated with dignity and respect. Diversity and inclusion supports our
business as it provides a competitive edge in attracting and retaining talent, diverse
perspectives lead to innovative solutions for our clients and diversity and inclusion
strengthen client relationships. Global diversity and inclusion is an integral part of
Credit Suisse’s business strategy. Our approach leverages diversity and inclusion to
attract, develop and retain top talent, continues to promote a culture of respect for
individual differences, which breeds innovation and draws talent and ideas from
around the world, and gives us a distinct competitive advantage which creates new
and compelling business opportunities. This has enabled us to win business,
strengthen relationships with existing clients and create inroads to new clients.
Additional Information
Credit Suisse is dedicated to attracting, developing and retaining the best people in
the industry. We bring together individuals of different genders, races, ages,
nationalities, religions, sexual orientations and disabilities to create a world-class
team of financial service professionals.
At the core of the Credit Suisse philosophy of inclusion is the firm’s global dignity
at work policy, a set of conduct guidelines that apply to all employees worldwide.
This policy ensures that diversity, inclusiveness and dignity in the workplace are
everyone’s responsibility. These enduring values are part of the very fabric of our
business. They shape the way we hire, develop and promote employees, and they
guide us in the way we treat one another.
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