analyst usually refers to???? those in the research house... r u sure that's what u wanna do???? One of the toughest places to get in is as an analyst in those top brokerage house (RHB,CIMB,OSK,Hwang DBS). An ordinary or the lowest post in IB is usually called an associate, not sure what u guys are referring to...

it varies all across different IBs for ur info. at OSK, entry is called associate, at ASEAM, it's analyst. It's a very broad designation.

I have no idea what analyst u guys are referring to because usually it would refer to those ppl who writes for research houses, well, at least at my area.

so u if u have any queries, try speaking to someone who is already in the line, try attending conferences, seminars, etc. don't speak as if u really know it. but well, it's up to u to decide whether im pulling ur leg or not.

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Added on January 30, 2011, 1:43 pm

applying via mgmt trainee would be better la, it gives u an all-rounded experience, in addition to all the invaluable trainings u'll get. Getting directly as an analyst would do u no good, as u have no prior experience and that u have nothing (knowledge,experience,mentality) to back u up when u're working in a firm. Just remember that this is WORK, and at IBs, they expect u to know everything before u go in, else figure out ur own solution. In instances where u have totally no idea how to act on a task + nobody is willing to help(it's common at IBs, it's competitive), what would u do if u know NO ONE from similar industry or somewhat closely related industry to help? CRY? No ma right?

Well, of course u'll constantly have meet new acquaintances along the way, but are u forming alliances at the same time? Yes? No? this is all I can say for now. U'll understand as u strive to move along the corporate ladder. Ciaoz and good luck. Just know what u want before u make up ur mind

two departments that are very high in demand (by employees). CF = $ + multiple bonuses. Research = u really need to have some sort of industrial experience, unless of course u have excellent academic result cuz well its research so they require ppl who are highly analytical and aptitude. Pay wise, not too bad, and it depends on how good is ur recommendation. For example, in CIMB, their head is someone by the name Terence Wong and whenever that dude launches a coverage on certain company or providing a buy recommendation on a certain stock, most of the time it will go up (This is what speculators/dealers told me). When the price of that particular stock increases for the next, for say 6-10 months, then WOOT! Apa lagi, u naik pangkat (like Morningstar) cuz u're always chasing to provide good recommendations and at the same time knowing the industry well enough to identify market trends and when it will perform best or worst. If your predictions is bagus, u'll have ur followers, and that takes time, which is why they prefer someone from the industry itself.

Not necessarily from the Acct (audit) or Fin track though, Engineering (oil&gas, power generation, construction) would do, or if you're from FMCG (Fast Moving Consumer Goods), Retail, etc, it will do as well. Well, as the name suggests, Research, u are actually doing in-depth analysis substantiated with solid assumptions/facts/opinions backed by data/experience. Pre-req: Excellent writing skills, someone who has wide network coverage (helps at job), and has passion to provide good recommendation and not just scribbling on the MS Word.

CF, hmmmmmmmm.... Manyak susah oh....if u get in as freshie i congratulate u lar, but u'll have a hard time there. Learning curve is steep, and it's NOT just about NUMBERS. Compliance, law, rules/regulations is an important aspect, cuz u're actually designing an agreement to allow corp to get IPO, acquire, privatize, raise debt, etc and ultimately ensuring that u get what they want. Itu dipanggil origination, sangat tedious, u work relentlessly as ur clients shoot u for every single small crap u do.

Unless of course u wanna go to CF departments of some small IBs like Public, Affin, etc. Then u stand a better chance, cuz well, i dun think they will or can hire ppl that has experience in this field (if you can't deals like AmInvest, CIMB, RHB, Morgan Stanley, why bother hiring capable ppl?).

Well, I'm giving u the realistic side of the story, the rest is up to u to decide. Consequently, u are the one who will carve the path in your life, and if u think that nothing can stop u from achieving what u want, then go ahead, but take heed that there is no turning back, or u'll regret for the rest of ur life.

two departments that are very high in demand (by employees). CF = $ + multiple bonuses. Research = u really need to have some sort of industrial experience, unless of course u have excellent academic result cuz well its research so they require ppl who are highly analytical and aptitude. Pay wise, not too bad, and it depends on how good is ur recommendation. For example, in CIMB, their head is someone by the name Terence Wong and whenever that dude launches a coverage on certain company or providing a buy recommendation on a certain stock, most of the time it will go up (This is what speculators/dealers told me). When the price of that particular stock increases for the next, for say 6-10 months, then WOOT! Apa lagi, u naik pangkat (like Morningstar) cuz u're always chasing to provide good recommendations and at the same time knowing the industry well enough to identify market trends and when it will perform best or worst. If your predictions is bagus, u'll have ur followers, and that takes time, which is why they prefer someone from the industry itself.

Not necessarily from the Acct (audit) or Fin track though, Engineering (oil&gas, power generation, construction) would do, or if you're from FMCG (Fast Moving Consumer Goods), Retail, etc, it will do as well. Well, as the name suggests, Research, u are actually doing in-depth analysis substantiated with solid assumptions/facts/opinions backed by data/experience. Pre-req: Excellent writing skills, someone who has wide network coverage (helps at job), and has passion to provide good recommendation and not just scribbling on the MS Word.

CF, hmmmmmmmm.... Manyak susah oh....if u get in as freshie i congratulate u lar, but u'll have a hard time there. Learning curve is steep, and it's NOT just about NUMBERS. Compliance, law, rules/regulations is an important aspect, cuz u're actually designing an agreement to allow corp to get IPO, acquire, privatize, raise debt, etc and ultimately ensuring that u get what they want. Itu dipanggil origination, sangat tedious, u work relentlessly as ur clients shoot u for every single small crap u do.

Unless of course u wanna go to CF departments of some small IBs like Public, Affin, etc. Then u stand a better chance, cuz well, i dun think they will or can hire ppl that has experience in this field (if you can't deals like AmInvest, CIMB, RHB, Morgan Stanley, why bother hiring capable ppl?).

Well, I'm giving u the realistic side of the story, the rest is up to u to decide. Consequently, u are the one who will carve the path in your life, and if u think that nothing can stop u from achieving what u want, then go ahead, but take heed that there is no turning back, or u'll regret for the rest of ur life.

OMG. U got into Khazanah?

Hi, What are the top IB and CF companies in Msia ? also do you think sg companies in this industry will hire freshers form msia O_O ?

i got a colleague who got into Khazanah. He's from CF. Well, if u wanna know more, go ask the ppl from the field itself lor... aiyoyo... keep guessing and see where u'll end up at. That's my next destination, if things is in my favor.

No need to be maths genius, cuz if u are, i suggest actuarial science or physics. Top cf companies, banyak, all those big conglomerate lor, mana lagi. Apply those companies lor.

As what I've mentioned before, if u all dun mind, apply for small small IB lor, sure no prob. the interview process is a breeze for me, i came late for all four stages, but got offer (affin mgmt trainee). but im at another company though.

i really like doing CF... never get the opportunity to venture into CF area.. currently im working with asset management as investment analyst.. wonder.. is it viable for analyst to jump into CF.. any bright advice?

haha, what i would think is that, if u have no prior experience, plz dun get into huge firms as that as the competition would be super intense. Imagine so many ppl doing the same thing although they are placed with a different portfolio. Mampuih, remember during ur high school time? Competing for no.1? If u managed to survive high school, and college, and it should be fine for u. It's definitely not sth for the faint-hearted.

100+ppl cuz their asset base is besar! i mean, RM75B man, obviously they need a huge team. I think for starters, it really depends on ur asset mgmt firm also, cuz every organization have very very different culture and working attitude. PIMCO, Blackstone, ini besar besar punye firm, have a very huge team as well. Credit la, economist la, fixed income la, quantitative la, derivatives la, macam2 pun ada, and of course take note they are very specialized in what they are doing. Doing what they do best, so to speak. But, if you can't see the overall picture of what's going on around u, it'll be quite hard to proceed once u are specialized too much.

So what I would suggest is that although doing a job that isn't specialized at the beginning (usually pay lower), u'll gain the benefits later. At least that's my plan. Others may have different opinion. and im still young <23 years old.

@gloomberg
Hahahah.. you got into affin management trainee NOT BY SHEER LUCK

There's always a reason why someone gets a specific position ESPECIALLY IB  / Treasury. They will not hire any tom d!ck and harry in these 2 positions as it involves huge amounts of money.

Let the public know ur education credentials and it wont seem like such a surprise anymore.

Also, the manner that you carry yourself is positively unique which may potray a very good image to your prospective employers. Probably the 2 points I mentioned contributed deerly to you being able to secure a position in IB / Treasury.

@knight_2008
I wouldnt know bonus for research dept. Treasury can get 18 months (CIMB).

Can Year 1 undergrad student go to intern during sem break ? If my grades are good, i'm pretty sure i can get intern in cimb ib

Guys not being a ****, but take what Gloomberg and Aloong say with a pinch of salt, 50% of what they say are shit.

Quasi what his name and Keelim are pretty legit.

OP, you still want your question answered PM me.

You guys are way underestimating what we bankers make.

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Added on August 23, 2011, 2:12 amAnd since I have the time, why not I add to this topic.
Important Points to note:

(i) Will I be able to move from Back Office ===> Middle Office ===> Front Office?
Nope.

(ii) Will I be able to move from Audit/Hawker/Treasure Hunter to Investment Banking?
Yup, back/middle office roles. Front Office? Nope.

(iii) I can't speak, write properly English, will I be able to be an investment banker?
Nope, not even the secretary.

(iv) I come from University of Ali Baba (outside the top 30 in the world) would I be able to break into Investment Banking?
Yup, back/middle office unless you're the top 1% of your cohort.

(v) I got the ACCA, CFA, MBA, and even a PhD would I be able to break into investment banking?
We would probably call you in just to laugh at your in your face. But yes, you do get notice and hey, maybe when we are laughing you could charm us with your String Theorm or Pecking Order.

(vi) How much do a fresh graduate investment banker earn?
More than you can imagine (talking about the bulge brackets, I don't know about the lower-tiers), probably top 5% of all workers in Malaysia.

(vii) What should I do? I come from University of Ali Baba, have shit grades, no relevant experience, or family connections, how do I break-in.
Seriously, find something else, its just the cold hard truth. You have better chance of winning the lawn bowling, shooting, & horse racing multi-bet.

Fact is, it's a very credential base industry. I'm not talking about trading, I'm talking about PE, M&A and the likes.

Yes, I do agree. Entering a top B-school surely open doors for you, and you have plenty to choose from. I am currently at LSE doing an MBA and it has certainly opened plenty of doors and opportunities for me. 

The job market in the UK is horrendous. The ratio of a position is approx 35,000 to 1. IBs are now focusing on emerging markets. I would go to emerging markets. Plenty of opportunities and asymmetric information 

I did my undergraduate in the UK at the University of Nottingham. The MiM and CEMS I'm doing is for students fresh out of undergraduate and without 5 years of working experience. It's very interesting cause they structured it like an MBA. It has been consistently been ranked in the Financial Times as no.1/no.2.

They placed a lot of emphasis on your personal statement and CV. My other European and Asian classmates needed a GMAT score of more than 650 as places are very competitive. I did not need a GMAT as I graduated in the UK.

All the best to you!

Yep it's MiM & CEMS. LSE does not offer MBA, and they structure their MiM in the style of MBA and more. That was what we were told on orientation day.