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What South African recruiters want to see on your CV
The importance of a CV cannot be overestimated: it is your calling card to a prospective employer who does not know you. Get it right, and doors will open. Get it wrong, and you will be stuck at square one. We have asked some o fSouth Africa’s most respected recruitment firms what they look for [...]
Is it really appropriate to claim you are the most unflaggingly hard worker in the world in your application to an investment bank?
US website Business Insider has availed itself of a covering letter sent by a student at New York University to JPMorgan. The letter is part of the student’s effort to gain a place on JPMorgan’s summer intern programme. We have reproduced it for your delectation below. Notable errors: – Referring to Morgan Stanley whilst [...]
This is what you can earn as a quant in London, New York, Paris, Singapore or Hong Kong
We have some figures for quant salaries from recruitment firm Selby Jennings. They hark back from November, but we are assured they remain correct. They are presented below, without comment.
Everything we know so far about bonuses and deferrals, bank-by-bank
As a follow-up to our earlier article on the state of bonuses, cash caps and deferrals on a bank-by-bank basis this year, here’s what we know now. Feel free to email us at Editor@eFinancialCareers.com or to leave a comment if you know additional details that we don’t. Bank of America Cash bonus cap? Yes, but it [...]
GUEST COMMENT: A simple trick that will suggest you are busy and reduce the risk of job loss
“What are you DOING? Listen, read research on your way to work in the mornings or heading home in the evenings. Or on the weekend! I don’t want you wasting your time. Right now you should be doing something to help the team get a mandate so we can get paid. Otherwise I can’t fight [...]
In what seems like bad news for its employees in South Africa, Absa has lost four executives all at once
Absa is in the unwelcome glare of the market’s spotlight. The deputy CEO and three top directors, all members of the Executive Committee (ExCo), have left the bank almost simultaenously, making their departure seem more of a stampede than an orderly exit. Louis von Zeuner, known as “Mr Absa”, announced this week he is stepping [...]
GUEST COMMENT: The first 48 hours of redundancy are critical
Have you ever had a sporting injury? If so, you’ll know that taking some key actions in the first 48 hours plays a key part in minimizing damage and speeding your recovery. Whether you’ve strained a muscle, damaged some ligaments or incurred something more serious, it will help if you rest, apply ice or compression, [...]
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 [...]
Standard Chartered set for African expansion in 2012
Few banks can start the new year on such a positive note as Standard Chartered. The emerging market specialist, which in contrast to many rivals has continued to hire throughout the downturn, has recently been upgraded by Standard & Poor’s, becoming the only international bank to have been upgraded by all three rating agencies since [...]
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?” [...]
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