Date: 1st February, 2012
Title: Wharton MBA graduate is wealth manager & financial advisor for Facebook’s IPO
Reference: http://online.wsj.com/article/SB10001424052970203920204577195040287978390.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsThird
Summary: Mr.Divesh Makan, 38 years old, originating from South Africa, son of Indian descent immigrants, Electrical Engineer with an MBA (2001) from Wharton School, worked as Wealth Manager in Anderson consulting, Goldman Sachs and Morgan Stanley, before starting his own company, Iconiq Capital LLC. Currently, he is in charge of wealth management of Facebook IPO.
Interpretation: When Divesh Makan moved from Goldman Sachs to Morgan Stanley, he was given a signing bonus of $20 million. This means that MBA students who are good in Finance have a chance / opportunity to make big money and manage big funds.
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