So right now there's no supply but there's demand, shouldn't your company increase the salary to attract the people that they want?

I was wondering because none of the investment bankers I've met so far in Singapore considers RHB, CIMB, MBB or for that matter DBS, OCBC or UOB as their peers in the ASEAN context. They are still considered retail banks with little ill staffed outfits that are only capable of feeding off the leftovers.

Well, at least that was their vehement position.

Then why don't you guys do that then?

Hye I saw this job in jobstreet too ler after I search from lowyat. Can give me a try as I'm fresh graduate from Northern University of Malaysia UUM

here's are the core course that I attended :
• Risk Management
• Financial Risk Management
• Investment Analysis
• Financial Modeling
• Basic Econometric
• International Finance
• Corporate Finance
• Personal Finance
• Strategic Management
• Financial Management I/II
• Macroeconomic
• Microeconomic

result for those unrelated subjects such as Malaysia's study not good but most of the finance related subject I able to score an A or B+   
Read CNBC Bloomberg watch Reuters Insider almost every because i'm really love financial things : )
if you're interest in my resume pls provide me your email: )

I am willing to go for an interview. Wether I embarrass myself or not is another story, but it is nice to take up the challenge.

To be fair to TS, I actually know someone who knows him.  He is genuine. Hope that clarifies.

i'm willing to for interview as well. I'm ACCA affliate and took finance paper as optional paper. Other than that, i m currently working in Big 4 for 3 years to date and my current position is an audit senior.

How would you define good people? Those can work one will definitely ask for super damn high salary and in the end you will prefer to hire two personnel which are above average.

I prefer the later. Human capital need training. Dont be so selective.

I have read some of the posts here and cant help myself from giving my honest opinion.

I have been working in a local IB for the past few years. All I can say is IBs never recruit from any forum, lowyat, etc.

For those who desperately wants to enter top tier IBs, unless you are a datuks' son or daughters or graduated from prestigious unis, go equip yourself with the necessary work experience or qualification first before applying. Then go harass the IBs hr dept or get someone from inside to recommend u. After that, it's just a matter of luck.

In my opinion and in accordance to my years of working experience in IBs, there are only 3 tier 1 local IBs, i.e. CIMB, Maybank and AmBank, and the rest are tier 2 or even tier 3, not to mention the lowest should be those converted from universal brokers. RHB used to be tier 1, now should be tier 2.

There are no tier 1 IB in Malaysia.
All, including CIMB, is tier 3 at best.

The tier 1 are those goldman and morgan stanleys of the world.
Those co only have offices in Singapore and not Malaysia.

I wish to ask TS some questions

-Why working excessively long hours is a norm in IB? Can't the management just increase the headcount even if it's just contract position to reduce the workload distribution per person

-Is TS still working ~100 hours per week currently? Your posts seems that you are enjoying what you are doing

-Do you or your colleagues have any health issues which is the consequence of working excessively long hours?

Are you kidding me? 70-100 hour / week is like 14-20hours per day if it is common 5 days work. Make me scare to for interview with an investment bank next week.

I'm willing to work hard and learn so long i get paid well. im from banking call centre tho with a record of 50+ ours of OT ><

RM70k pa = RM 5.83k per month
work like 100 hours a week, while other normal jobs work not more than 50 hours a week, they are getting paid at rm2.8k for freshgrads

hence what so special about the high pay, you work double the hours than most people, so you deserved for the double of most people earn

don't count in the bonus, that would be an unfair comparison

When I read this thread, I can't help but feel that the only attraction to this IB job is the money. There seems to be a lack of focus on career development and knowledge gain.

It's like, hey I am someone who has connection with so and so politicians, I got a lot of money from it and now I want to hire some junior IBs with the attraction of big bucks. I only offer big bucks, other than that the junior IB can find his/her way around and work their ass off that 50-70 hours a week. This brings the next question, why do these juniors need to work so hard if there are capable seniors to lead them? Has there been a mass resignation of seniors? The knowledge base of this company is not large so money is the only motivation?

How is the assessment like?

Hello, IBank Bean Bag,

I am a fresh grad, I am interest to apply for the IB position.
I already PM you just now. Wait for your reply if the position still available.
Thank you.

Thank you for the interview. Knowing that insufficient knowledge in myself and not prepared at all for it.

Good Night.

Epic thread, had to reply.

To TS, I am from one of the big 3 strat houses, i.e. mbb. Even we have difficulty recruiting in Msia, appears the top talent has all fled.

Having said that, we recruited one guy from this very forum..

ITT : lowyat.net becomes a consulting/banking recruitment website.