As a result of the many intricate financial structures and complex regulations that have evolved during the past two decades in public finance, demand has grown dramatically in the industry for professionals with strong technical skills.

Today, the structuring of tax-exempt financings often requires specialists with sound mathematical and computer skills as well as solid investment banking expertise. At many municipal investment banking and financial advisory firms, the technical work is done exclusively by in-house personnel who have been hired primarily for that purpose.

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