MAY mga BANKERS ba Dito??

[jas_garcia03]

hehe. kelan ka ng ojt? ako nung summer, corp banking din ako.

standard chartered,a ng baba nga, pero sabi sa akin 10k daw. hehe

ayun, baliktad naman ang sabi sa akin, sabi mgstart dw muna ako sa local bank para pagpasok sa citi, mas madali daw at mas mataas offer.

try nio rin sa ing, i have friend na ngwowork dun, mataas ang basic pay, kaya lang pagod daw sa work. pero ganun naman talaga un, the higher the pay, mas malaki expectations nila sa iyo.

summer 2006 ako ng-ojt. *** boss mo sa cbg? Financial Institutions accounts kc hawak nmin nun tpos parang kinuha din ako ng credit management group ng CBG, kaya parang dlwa *** area ng work pro related. saya mg-ojt sa citi no? may grad p! hehe..

ah gnun? local muna den foreign? hehe.. sbi kc ng mga supervisors ko dti foreign mas ok mag-start as much as possible. nwei, do you have a work nb? san?

about ING, how much nmn? ano p mga alam mo na ok?

[giantpower]

summer 2006 ako ng-ojt. *** boss mo sa cbg? Financial Institutions accounts kc hawak nmin nun tpos parang kinuha din ako ng credit management group ng CBG, kaya parang dlwa *** area ng work pro related. saya mg-ojt sa citi no? may grad p! hehe..

ah gnun? local muna den foreign? hehe.. sbi kc ng mga supervisors ko dti foreign mas ok mag-start as much as possible. nwei, do you have a work nb? san?

about ING, how much nmn? ano p mga alam mo na ok?

ay 2007 summer ako, under global transaction services ako so si ms.agnes *** boss ko. yup masaya nga, may grad, awards at dami food. ako hindi pa ako ngwowork eh. nghhnap pa rin. ikaw?

basta sa ING, na sa range siya ng 15-20K ang offer. ok na rin siya. nasabi mo na rin sa previous post mo *** lam ko eh. ako im still waiting sa deutsche knowledge service, *** financial analyst. sana nga maging ok.hehe.

[clone19]

Is P40,000 basic salary for a managerial position (not branch-ops) in a local bank a good package?

[getreadyph]

Is P40,000 basic salary for a managerial position (not branch-ops) in a local bank a good package?

liit. joke.

[Hulk]

The key in banks is being in the right group/department. Not all groups are the same and some have higher bonus upside than others.

You might realize that sometimes being in the right group is more important than being in a better bank.

[monarchrising]

The key in banks is being in the right group/department. Not all groups are the same and some have higher bonus upside than others.

You might realize that sometimes being in the right group is more important than being in a better bank.

hello! what's the right group ba?

[Hulk]

If you want to be a star, you should be in a position to be bringing in major revenues for your company. Sa bank kung gusto mong maging bigshot, try mo treasury or investment banking. If you're really a BSD (an 80s Wall Street term - look it up!), you will be making millions in bonuses a year.

Of course the pressure is tremendous, and only the best gets in, but it's worth it!

[monarchrising]

Hulk, how about product and service development?

[Hulk]

Pwede rin siguro, pero remember you should be in the middle of the action. Dapat revenue driver ka. Madali kasing mag-justify ng promotion and bonus kapag kitang-kita yung monetary contributions mo.

[tenderloinw]

deleted.. CFA thread more appropriate

[pat3ck]

May nagwowork ba sa Citystate Savings Bank? Magkano kaya starting dun? I was just browsing the newspaper and I saw they were hiring.

[clone19]

ano nga yung bank nung scammer na hapon?

[kwaito]

hey guys i want to pursue a career in investment banking and i still don't know what graduate studies to take... i only have two in mind, either MS Econ or MS Finance... any insights?

[kilooscar]

im 30, is it too late to go into MIB training, I had a very brief stint in working in a bank.

[rabbaddal]

hey guys i want to pursue a career in investment banking and i still don't know what graduate studies to take... i only have two in mind, either MS Econ or MS Finance... any insights?

In terms of teaching you the skills to do your first assignments, UP's MS Finance would be a good fit. Just make sure you max out your electives on investment banking-related subjects like advanced corporate finance, business law, and taxation.

If it were me deciding for myself, however, I would simply apply for investment banking / corporate finance jobs directly among the various investment houses and do self-study on corporate finance. For graduate studies, I'd go to law school part-time (I think Arellano is one of the few schools that offer part-time law degrees). Over the long-term, corporate finance skills will be one of the least of your concerns in succeeding as an investment banker. The first of your concerns would be client relationships and networking (you can't learn this in any classroom), and the second would be the law. A lot of potential deals don't get to push through because of legal issues, and the greatest bankers are those who can get the deal through under the best terms to the client despite tremendous legal difficulties (assuming, of course, you bag the deal with the client in the first place).

[monarchrising]

What's the going rate for:
1. Management/Officership Trainee for Local Banks
2. Management/Officership Trainee for Top Local Banks
3. Management/Officership Trainee for MNC Banks

[kwaito]

^^ thanks rabbaddal i actually have started reading on fundamental analysis, etc... i had to start from scratch coz i finished a technical undergrad degree

[Hulk]

In terms of teaching you the skills to do your first assignments, UP's MS Finance would be a good fit. Just make sure you max out your electives on investment banking-related subjects like advanced corporate finance, business law, and taxation.

If it were me deciding for myself, however, I would simply apply for investment banking / corporate finance jobs directly among the various investment houses and do self-study on corporate finance. For graduate studies, I'd go to law school part-time (I think Arellano is one of the few schools that offer part-time law degrees). Over the long-term, corporate finance skills will be one of the least of your concerns in succeeding as an investment banker. The first of your concerns would be client relationships and networking (you can't learn this in any classroom), and the second would be the law. A lot of potential deals don't get to push through because of legal issues, and the greatest bankers are those who can get the deal through under the best terms to the client despite tremendous legal difficulties (assuming, of course, you bag the deal with the client in the first place).

Yep, a lot of fresh grads are enamored by investment banking because gusto nilang mag-valuation. But valuation is not really high on the investment banking food chain, slightly higher lang siya than a goffer who goes for this and that (documentation and admin stuff). Actually most deals here are priced before an excel spreadsheet is opened.

If you guys want to have successful investment banking careers, start building on your relationship capital and learn how to spot business opportunities. A great investment banker can spot opportunities that even the corporate client cannot see.

[froufrou]

what's the usual starting salary for an entry-level position in the treasury department (international bank)?

[council]

what's the usual starting salary for an entry-level position in the treasury department (international bank)?

Treasury Clerk?
Treasury Assistant?

May be as low as P15k.