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Date: 2024-12-21 Page is: DBtxt003.php txt00007995

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Shoum Chakravarti

Shoum Chakravarti ... Operations at CommonBond | Marketing at Homefront Business Services ... Greater New York City Area ... Financial Services

Burgess COMMENTARY

Peter Burgess

Shoum Chakravarti 1st Shoum Chakravarti Operations at CommonBond | Marketing at Homefront Business Services Greater New York City AreaFinancial Services Current CommonBond.co, Homefront Business Services Previous SimpleTuition, Oliver Wyman, United States Marine Corps Education Princeton University 500+ connectionsSend a messageEndorseMore options Connected 10 hours ago RelationshipContact Info Email shoum@alumni.princeton.edu Phone 201.822.5580 (Work) Linkedin www.linkedin.com/in/shoum Edit contact info Background Summary Interests: Social Entrepreneurship, Consumer Finance, Higher Education, Economic Development Experience CommonBond.coOperations CommonBond.co August 2013 – Present (1 year)Greater New York City Area 'Shoum is on CommonBond's 'Special Ops' team, focusing on student loan operations and internal operations management. Prior to joining CommonBond, Shoum was at SimpleTuition, where he helped launch innovative products in student finance. Prior to SimpleTuition, Shoum was a management consultant for Oliver Wyman, focusing on projects in retail and finance. Work took him around the globe, and his frequent flier miles took him even further... to 25 countries in all. Shoum graduated with an AB in Economics from Princeton University, where he was the student government representative on the Financial Aid Committee.' Marketing Homefront Business Services February 2013 – Present (1 year 6 months)Greater New York City Area We help small businesses to increase profitability by slashing costs. And we don’t charge a fee unless we actually save money for our clients. So there’s no risk. We have a team of consultants to evaluate and implement tax strategies for our clients, including R&D Tax Credits (Section 41 and Section 199), Export Tax Entities (IC-DISC) and Commercial Property Benefits (Engineering-Based Cost Segregation, Property Tax Appeals, Energy EPAct Studies). Our network of experts reviews additional expenses, including utilities, insurance, and merchant services - and again, there's no cost for our auditing services. Homefront Business Services operates as a business apprenticeship for student veterans of the US Military. Our consultants have years of experience in their fields. Our sales representatives are transitioning to civilian careers and using our program to develop business skills and a local network. SimpleTuitionStrategy SimpleTuition 2010 – January 2013 (3 years)Greater Boston Area Strategic and Operational support to launch an online bank (SmarterBank) with rewards (SmarterBucks). Conducted market assessment, evaluated competitive opportunity, analyzed product launch and marketing strategies, and provided operational assistance with third-party IT and financial vendors. Provided analytic support for product development and business development opportunities. Financial Analysis to evaluate and improve the leading student loan search service (SimpleTuition). Performed regular and ad-hoc financial analysis to monitor performance and evaluate marketing channels including email, SEM, SEO, and third-party website partners. Assisted in the development of pricing and customer-targeting strategies. Prepared financial and analytic reporting and tools. (Open)1 recommendation Dan Conti Dan Conti Visual Designer / Digital Artist / Art Director Shoum is an extremely sharp strategic thinker with a rare talent for crunching complex data and distilling it down to an easily digestible form. He also happens to be a very kind person with a great sense of humor – someone I absolutely enjoy...View Oliver WymanConsultant Oliver Wyman 2005 – 2009 (4 years)Worldwide Selected experience includes: Product Assortment at a top-4 British grocery retailer Led a team to construct optimal product catalogues at one of the UK’s top 4 grocery retailers. The role required consensus-building with clients and responsibilities to support junior analysts. Our team was directly responsible for margin improvements of ~$20M across 9 different categories. Joint Venture Evaluation for a Mideast sovereign wealth fund Evaluated two joint ventures in the aviation industry on financial and strategic metrics. We assessed the market, determined target customers and partners, and built a detailed operational and financial model. The fund used our due diligence to move forward with the investment, generating an IRR of 7%, employment opportunities for skilled labor, and further depth in the transportation sector. Strategic Planning for a Fortune 500 manufacturer Developed a strategy for the executive team to manage risks and opportunities given then record-high prices for the firm’s precious metals inventories used in the production of the firm’s major product line. The client streamlined production, reduced excess inventories of metals, and earned ~$100M by opportunistically selling the precious metal assets before the deepening of the housing recession and the collapse in precious metals prices in 2008. (Open)1 recommendation Luke Hedrick Luke Hedrick Product Manager at Google I had the opportunity to work with Shoum for a few years at Oliver Wyman, most directly on a five-month international engagement for a new client where neither of us spoke the local language. Shoum's great -- easy to work with, relaxed and with a...View United States Marine CorpsOfficer Candidate United States Marine Corps 2004 – 2004 (less than a year)Washington D.C. Metro Area Completed Officer Candidate School. Ranked in the top 10% of the class on the Physical Fitness Test. Skills & Endorsements Top Skills 12Strategy 7Analytics 6Management Consulting 6Start-ups 5Financial Analysis 4Business Development 2Financial Modeling 2CRM 2Business Strategy 2New Business Development Shoum also knows about... 2Venture Capital 2Strategic Consulting 2Strategic Planning 2Marketing Strategy 1Corporate Development 1Competitive Analysis 1Sales 1Valuation 1Strategic Partnerships 1Market Research 1Mergers & Acquisitions 1Market Entry 1Management 1Marketing Education Princeton University Princeton University A.B., Economics 2001 – 2005 Cane Scholar Additional Info Interests CrossFit Level 1 (CF-L1) Certificate Holder Recommendations Received (2)Given (2) Peter, would you like to recommend Shoum? Recommend Shoum Strategy SimpleTuition Dan Conti Dan Conti Visual Designer / Digital Artist / Art Director Shoum is an extremely sharp strategic thinker with a rare talent for crunching complex data and distilling it down to an easily digestible form. He also happens to be a very kind person with a great sense of humor – someone I absolutely enjoy working with every day. November 26, 2012, Dan worked with Shoum at SimpleTuition Consultant Oliver Wyman Luke Hedrick Luke Hedrick Product Manager at Google I had the opportunity to work with Shoum for a few years at Oliver Wyman, most directly on a five-month international engagement for a new client where neither of us spoke the local language. Shoum's great -- easy to work with, relaxed and with a dry sense of humor that carries him well through difficult situations. That international project also gave me the ability...more October 11, 2013, Luke worked directly with Shoum at Oliver Wyman ConnectionsAll (500+)Shared (2)New (1) David TrounceDavid Trounce2nd Founder at Lab 955 Connect3Sujata GosaliaSujata Gosalia2nd SVP Marketing at NeuStar, Inc. Connect2Steve GibsonSteve Gibson2nd Consultant at SmartEtailing.com Connect3Joshua NewmanJoshua Newman2nd Managing Partner at Outlier Capital Connect2Jeffrey BussgangJeffrey Bussgang2nd General Partner, Flybridge Capital Partners Connect3Dan TowvimDan Towvim2nd Sr. Director, eCommerce at Sonesta Hotels Connect1Matthew HamoryMatthew Hamory2nd Partner at Oliver Wyman Connect1Dan O'MalleyDan O'Malley2nd Entrepreneur. Data nerd. Banker. Connect2Dudley SnyderDudley Snyder2nd Entrepreneur & Angel Investor Connect1 PreviousNext Groups 24-7 Networking Sales 24-7 Networking Sales Join CommonBond Community CommonBond Community Join Hire America's Heroes Hire America's Heroes Join Hirepurpose Hirepurpose Join Ivy League Startups & Entrepreneurs: Ivy & Oxford Cambridge MIT Stanford Duke Berkeley Chicago Ivy League Startups & Entrepreneurs: Ivy & Oxford Cambridge MIT Stanford Duke Berkeley Chicago Join IvyLife-Princeton IvyLife-Princeton Join Michigan Corps Michigan Corps Join Military Transitions Military Transitions Join PrincetonEN V-Net PrincetonEN V-Net Join Warrior Bridge Warrior Bridge Join Young Education Professionals - NYC (YEP-NYC) Young Education Professionals - NYC (YEP-NYC) Join See less Following Homefront Business Services LLC Homefront Business Services LLC Management Consulting Follow SimpleTuition Internet Follow CommonBond.co Financial Services Follow Schools Princeton University Greater New York City Area

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