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Venture Capitalist vs. Angel Investor

When a start-up company seeks funding, it often turns to investors like venture capitalists and angel investors. The difference between venture capitalists vs. angel investors is sometimes challenging to define since they both ultimately serve the same function for an early-stage company: giving the business money so it can keep running. However, while venture capitalists …

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VCs vs angel investors
How to Get a Software Engineering Internship (With No Experience)

Interested in becoming a software engineer? A software engineering internship is a great place to build skills, network, and start launching your career. Yet what exactly do software engineer interns do, how can you land a software engineer internship, and what software engineering internship positions are open right now?  What Is a Software Engineering Internship? …

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software engineering internship
Loan Officer vs. Underwriter: What’s the Difference?

When talking about mortgages, the difference between a loan officer vs. underwriter can be blurry; both professionals help customers secure residential or commercial mortgage loans. However, underwriters work in a variety of other financial services besides mortgages, like the insurance industry and investment banking. Similarly, loan officers can specialize in different types of loans, such …

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Loan officer vs. underwriter: what's the difference?
Underwriter vs. Actuary: What’s the Difference?

The difference between an underwriter vs. actuary is subtle. Both professionals assess risk and often work in the insurance industry. However, actuaries work more behind the scenes developing methods to measure risks and analyze trends. On the other hand, underwriters apply findings from actuaries’ studies to individual customers to determine if a client can qualify …

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Actuary vs Underwriter: What's the difference?
Commercial Banking vs. Investment Banking

The difference between commercial banking vs. investment banking is that investment banks typically raise money by selling securities (like stocks and bonds). On the other hand, commercial banks use consumer deposits to fund loans and mortgages, and the interest on those loans becomes profit for the bank. Ultimately, there’s considerable overlap between these two types …

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Bankers reviewing financial analysis and research
Retail vs. Commercial Banking: What’s the Difference?

Retail banks provide financial services like checking accounts and mortgages to individuals and small businesses. On the other hand, commercial banks work with commercial entities — businesses, governments, and institutions — and offer a range of services and products, such as investment management and savings accounts.  So, what explains the difference between retail and commercial …

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Retail banking vs commercial banking
What Is Retail Banking?

Retail banking, also called personal banking or consumer banking, is financial services geared toward individual customers rather than large corporations. Retail banks offer products like savings accounts and debit cards to the general public, and working in retail banking requires high levels of customer service.  In this guide, we’ll go over: Retail Banking Definition Retail …

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What is retail banking? Retail bankers