Hi IBank BeanBag,

What are the tasks and responsibilities for ECM analyst?

Do you spend most of your time refining the valuation models (DCF, Ccomparable Companies, precedent transactions) and refining the marketing pitch book?
Is ECM work related to staying on top of the market, following current trends, making recommendations to industry and product groups for clients and pitch books?

I'm guessing that in ECM you would mainly work on IPO, debt issuance and private placement.

Thanks.

Out of curiosity, how many days is 100h a week being spreaded out?

I concur with you. Be ready to be bombarded with technical questions, in-depth knowledge is required.

at least  basics in corporate finance and ECM. Perhaps I'm unqualified, not eligible to reveal much. Better if IBank BeanBag himself enlighten those who are interested. Thank you

“Investment bankers?” says a hedge-fund guy. “Their lives are miserable.” He lists the shortcomings: punishing hours, dull, needy clients.

Try hedge fund if wanna get more

My opinion:

i) Don't expect your subordinate can perform job as you do..Some people need to adapt with the environment before they can start to perform

ii) Only foreign Uni graduate? Local grads can't do any job?? I saw a lot of "Foregn Uni" grads unable to perform compared with the local grad. Mostly come-out from their uni with an egoism as a package but unable to perform and always ask question without effort to find answers by themselves.

iii) 70 hours for 5 days a week (14 hours)..is that your minimum working hours? It is totally not worth even you pay them with 5k...as I mention, the new joiners need some time to adapt..but at the same time not to pampered them.

iv) If you do want people to work that hard...why don't you take 2 person and pay them rm2.5k? Atleast if they can work 9 hours (normal working hour) daily, with 2 of them, you can get around 90 hours per week consistently. At the same time don't be too strict on the requirement.

Thanks