GUEST COMMENT: This is what you’ll need for the perfect private equity CV
What should you have on your CV if you want a job in private equity? An equally valid question is what should you not have on your CV if you want a job in private equity? And that answer is too much detail: it’s not your autobiography; keep it simple, brief and relevant. You need [...]
Who hired in the Middle East in January?
For the time of year, the number of new hires announced in the Middle East financial sector was relatively modest, with a focus on wealth management or very senior recruitment. Barclays has unveiled Kersi Patel as head of trade and working capital. He joins from HSBC. Barclays Wealth has announced the appointment of Faisal Shaker [...]
Should you really go with the FT’s new MBA ranking? Or is there a better, more finance-focused alternative?
You’re thinking of doing an MBA in financial services, but where should you study? The Financial Times’ 2012 MBA ranking is out today. It ranks the top 10 global full time MBA programmes in 2012 as follows. The FT’s 2012 full time global MBA ranking: Stanford Graduate School of Business Harvard Business School University of [...]
GUEST COMMENT: I quit banking for baking and I have no regrets
Anyone working in the financial sector in Dubai doesn’t need telling that it’s currently a tough time, particularly for those in a broking function. The lack of trading volume has hit many firms hard – the number of brokerage firms in Dubai has halved over the past year – and few institutions have the wherewithal [...]
Career stasis: when thousands and thousands of people want your job and you have few alternative options
Banking pays less than it used to. Bonuses are reputedly down 30% at Credit Suisse, down 25% at Bank of America, and down similarly elsewhere. This doesn’t mean people don’t want to be bankers. Bob Diamond clarified the extent to which university students still do yesterday, when he said: “Last year, we had applications from 107,000 [...]
GUEST COMMENT: How to survive investment banking without ageing twice as fast as the average human being
Doctor: “Hello ___ .” Investment banker: “Hi.” Doctor: “I understand that you’ve been having stomach problems, correct?” Investment banker: “Something has happened. Yes. Whenever I drink water or…any liquid for that matter…I feel a strange sensation when the liquid reaches the point before it enters the stomach. Doctor: “How long has this been going on?” [...]
The pass rate is down, the cheating is up, is the CFA worth the work?
Results to the December 2011 Level 1 CFA exam are out: 38% of people passed. This is a significant minority and a little depressing in light of the fact that as recently as 2009, 46% of December Level 1 candidates got through. Why do so few people pass? Maybe they’re just not good enough. Ed [...]
Five sectors that are heating up in the first quarter
Generally speaking, the picture for financial sector recruitment in the Gulf is still relatively opaque. With uncertainty reining both globally and regionally, hiring plans – usually formulated in Q4 – have been slow to come into fruition and recruiters we contacted spoke of a sense of frustration about the lack of clarity. Nonetheless, it’s clear [...]
GUEST COMMENT: How to start safeguarding your bonus now if you work at a European bank
It’s too late to make any difference to your 2011 bonus if you work at a US bank, but if you’re at a European bank you might still be in with a chance of favourably influencing its size. Contrary to what HR or line managers will tell you, your year-end bonus number is not at [...]
Why investment bankers in the Gulf should be eyeing a move to VTB Capital
In the current climate, few firms are talking up expansion plans, which is why Russian investment bank VTB Capital’s international recruitment drive – including big plans for the Middle East – is garnering a lot of attention. Last year, VTB Capital hired 25 front office investment bankers for its overseas operation and has plans to [...]
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