Hi Ayush,

I would suggest not mentioning the amount the other company is offering you to start with. Simply state that you are thankful for the offer and appreciate the opportunity to have interviewed with the firm, however, you have received another offer which you have decided to pursue after careful consideration.

This way, you don’t burn any bridges, and if they really like you they may ask why, and then you can share that it is because of the salary. You might be surprised, they may then try to counter or beat the 30 lac offer! 

University

I got a offer letter from X company and they are offering me 11lac and now I got selected in another company that is offering me 30lac.Could you please let me know how to write a formal letter to previous company to inform them that I am getting 30

Hi Fantage, the motives for M&A in the 80s were diverse, and one major reason was around management ego. Also, certain companies found it hard to grow organically (by themselves), so they acquired others to create this illusion of growth. 

M&A comes with the challenge with integrating the two companies, and could results in lots of lay-offs due to overlapping responsibilities. This may mean you lose some good people, ultimately leading to lower productivity.

Could you perhaps share the full article? Might be easier to assist with drilling down further with the broader context. 

History

This article investigates the motives for mergers and acquisitions (M&As) in the U.S. meat products industry from 1977 to 1992. Results show that acquired meat and poultry plants were very productive before mergers, and that all but the very largest

Hi Dema; assuming the cost of the table is 400, to get a profit of 10%, we find 10% of 400 (10/100 * 400) , which is 40. We can then add this 40 to 400 cost price to get 440. 

A 440 sales price gives you a 10% profit 

General

At 400 Table, if the company wants to increase their profit by 10%, what is the suitable price?

Hi Xhoana, has this assignment been submitted yet? Happy to help discuss and review! 

Thanks!

I need help with a coursework in CSR. Someone to go through and make necessary changes to it. It’s worth 85% of the module so it’s of high importance

Hi Olubunmi, happy to help! What are you required to do? 

(Happy to share more detail privately if it’s a lot to put on here!)

Maths

I need help with my statistics homework

There are so many different types of engineering, so it's important to know which type appeals to you the most as a first step! 

Depending on which type of engineering you decide on, there are a few options, however, names such as Cambridge, Imperial and UCL are very reputable across the board. The Times League table can also be a helpful guide to support your view of who is doing well. 

If you are interested in gaining work experience in between your second and third year, some courses offer the option to work, and are called sandwich degrees. This can be a great way to earn money as a student! Schools such as Loughborough University, Imperial and Manchester have great relationships with different companies, who hire students every year. The sandwich option is definitely a great way to differentiate you as candidate once you graduate, so it might help to factor this into your search. 

Good luck!

Applying for University

What is the best university to study engineering?

People come into investment banking from different backgrounds. Be sure to follow financial journals (Financial Times and the Economist) to demonstrate your interest. If you do a finance BSc, aim for a top university, as this may help in securing a banking internship or full time job. In contrast to BSc's, MBAs typically have a few years of experience. They usually come from diverse backgrounds including finance and engineering, and it is important to note that a good number of MBAs do the degree to switch careers; however I believe that you can definitely do an MBA from a non-business background. 

I am trying to get into investment banking/brokering after A-levels. I am planning to do a finance Bsc will I still be able to do a MBA afterwards even though I haven't taken business before?

Maryam Adebowale

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Maryam Adebowale