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Internship Review: Vanity Fair versus Appomattox Advisory - Essay Example

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I was placed in two different work places for an internship. The first was Vanity Fair magazine where I was placed in the Editing Department and this was followed by a placement at Appomattox Advisory where I was given a chance to work with Brazilian funds…
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Internship Review: Vanity Fair versus Appomattox Advisory
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Internship Review: Vanity Fair versus Appomattox Advisory

Download file to see previous pages... Vanity Fair
Vanity Fair is a highly popular magazine that consists of fashion, current trends as well as popular culture. The magazine is published by Conde Nast and has been in publication since 1983. As of 2008, the publication of the magazine was reported to be greater than 1.1 million. (The Association of Magazine Media) The organisation is centred in New York for operations within the United States of America. Moreover the magazine is considered to be one of the best amongst all culture and lifestyle magazines in publication. Historically Vanity Fair began publishing in 1913 but was merged into Vogue in 1936 due to the Great Depression. However after its resumption in 1981, the magazine has claimed success after success and controversy after controversy. Much of this has been made possible through the tireless efforts of the staff. Competitiveness within the ranks is an essential component of the magazine’s overall culture.
Appomattox Advisory, Inc.
Appomattox Advisory was founded in 2005 and is registered with the SEC (Securities and Exchange Commission) in New York. The company has a small staff with members who are connected to each other on an interpersonal scale. The company’s basic portfolio is investment management. Largely the organisation’s business rests on managing hedge funds and securities. Currently the company has an expanding portfolio of managing investments for institutions as well as high net worth family groups. The chief business focus of the company lies with alternative investments. During my stay at Appomattox Advisory I was assigned to the Brazilian Funds where I functioned as an analyst to the best of my abilities. Brazil is an emerging market and a fast growing economy that supports large areas for investment. Currently it is the largest economy in Latin America, the seventh largest in the world (based on market exchange rates) and the eighth largest in terms of PPP (purchasing power parity). Future projections see the Brazilian economy rising to within the top five economies within a few decades. (Goldman Sachs) Investing in Brazil is a very profitable option right now as the Brazilian market needs finance and the investing parties need high returns. Being a small team, it is simpler for the organisation to switch easily from one investing option to another. Moreover, the team work is more personally flavoured as well. Organisational Culture and Work Environment Organisational culture is a wide ranging term and can be seen to encompass the attitudes, beliefs, norms, values and experiences that are in practice by members of an organisation. Elements of the organisational culture determine how the members of the organisation interact amongst themselves and with people outside the organisation’s umbrella. (Hill and Jones) On the other hand, another school of thought defines ...Download file to see next pagesRead More
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