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 CIMB Management Trainee

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ArSe-SeNG
post Sep 21 2010, 01:39 PM

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Now now, let's all make love not war?

In any case, I have to disagree a little bout gloomberg. While it is not your fault that people dont take the initiative upon reading your postings, be kind to all and be responsible in your postings. Who knows one hella smart fella really didn't apply after reading your posts? Or he bunuh diri? biggrin.gif

Anyway, I do know that there are local university grads who have made it into the TCB programme. I know a few of them personally. I think it is fair to say that while HR might be more inclined towards hiring overseas grad (which HR don't nowadays?), I sincerely believe that if the local grad is good, then why won't HR take him in? The question now is, are you good enough to compete with the overseas grad? If you lack in one thing (for example oratory skills), then make it up in another. Put in extra effort to show that you are worth it.

Secondly, I did some research on CIMB's website, and this is what I found out:

"Introduced in 2003, The Complete Banker TM Programme has evolved into a comprehensive 12-month management trainee programme that covers all aspects of universal banking, both conventional and islamic, ranging from consumer banking, investment banking to asset management. The Programme is offered to qualified fresh graduates, or those with less than one year of working experience, from both local and foreign universities.

The programme offers an excellent opportunity for you to:
- Gain universal banking exposure in both investment and consumer banking;
- Learn and grow alongside some of the best minds in the financial services industry;
- Build a solid career foundation with the region's most lauded universal bank; and
- Be part of CIMB's growth story. "

I think in no way that the programme assures you an IB position, or a place in IB. So I guess it is safe to say that it was never promised that the programme offers a guaranteed place in IB. But of course, if you are good enough, then why not?

As for the 4K salary, WTH??? I might just quit and join this programme. tongue.gif


gloomberg
post Sep 21 2010, 02:08 PM

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A cowardly person shouldn't join this programme in the first place. It's for those who are faint-hearted. I know that they do take in locals, but obviously there a little bias towards foreign grads...
tata88
post Sep 21 2010, 09:00 PM

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Some people do not understand bias.
jimmyttl
post Sep 21 2010, 09:59 PM

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QUOTE(ArSe-SeNG @ Sep 21 2010, 01:39 PM)
Now now, let's all make love not war?

In any case, I have to disagree a little bout gloomberg. While it is not your fault that people dont take the initiative upon reading your postings, be kind to all and be responsible in your postings. Who knows one hella smart fella really didn't apply after reading your posts? Or he bunuh diri? biggrin.gif

Anyway, I do know that there are local university grads who have made it into the TCB programme. I know a few of them personally. I think it is fair to say that while HR might be more inclined towards hiring overseas grad (which HR don't nowadays?), I sincerely believe that if the local grad is good, then why won't HR take him in? The question now is, are you good enough to compete with the overseas grad? If you lack in one thing (for example oratory skills), then make it up in another. Put in extra effort to show that you are worth it.

Secondly, I did some research on CIMB's website, and this is what I found out:

"Introduced in 2003, The Complete Banker TM Programme has evolved into a comprehensive 12-month management trainee programme that covers all aspects of universal banking, both conventional and islamic, ranging from consumer banking, investment banking to asset management.  The Programme is offered to qualified fresh graduates, or those with less than one year of working experience, from both local and foreign universities.

The programme offers an excellent opportunity for you to:
- Gain universal banking exposure in both investment and consumer banking;
- Learn and grow alongside some of the best minds in the financial services industry; 
- Build a solid career foundation with the region's most lauded universal bank; and 
- Be part of CIMB's growth story. "

I think in no way that the programme assures you an IB position, or a place in IB. So I guess it is safe to say that it was never promised that the programme offers a guaranteed place in IB. But of course, if you are good enough, then why not?

As for the 4K salary, WTH??? I might just quit and join this programme. tongue.gif
*
LOL He claimed to be in one of those management trainee programme, more often than not, I see those people in the programme are so full of themselves, I mean very confidence of themselves. =) That's how they managed to impress the interviewer in the first place. You could stereotype them as the person who has the leader personality and aggressive in decision making. There you're, the very epitome of a MT in the form of gloomberg
ckwei
post Sep 21 2010, 10:34 PM

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i dont think sarcasm is appreciated in here. well maybe a little, if you have something constructive to contribute.

the truth is that people think there is a bias in HRs favoring foreign grads, which might seem that it is true based on the hiring statistics. but the fact is actually, the majority of local grads just can't put together a decent cv/cover letter and can't carry themselves well. i was told by cimb's hr that they do not actually favor foreign grads and that they try to hire as many local grads as possible. however, their experience is that the majority of them can't even converse in english, and mind you, these include a whole lot of cgpa 4.0 people. these people won't even get a first stage interview after they get screened through the phone, or for those who are lucky they make it to the first stage but no further.

if they do have a foreign bias, they won't hire grads of local chapters of foreign unis or people from external or 3+0 programs when they can easily get all their hires from unis abroad. easily. cimb is a very different animal from your stereotypical local firm who kowtows to foreign grads (which are a dime a dozen nowadays given the abundance of cap palang unis overseas, some which rank even lower than the ones onshore), and their hr may not be perfect. they do however, give anyone who deserves a chance one.
gloomberg
post Sep 22 2010, 09:56 AM

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LOL. argue as much as u want. =)
And no, I'm not in the programme, and I did not claim to be in the programme. I'm just giving out FACTS(although it might be somehow inaccurate) based on my senior who had been working there as an MT. I'm not sure what is wrong with the people nowadays, true that there are flaws in my STATEMENTS, but I am not INSISTING that your ARGUMENT is WRONG. Fine?

What sarcasm? You can't take a little of that? Felt annoyed? Ah, and then you'll say that you're not, and that I must some sense of professionalism when discussing here in the forum. We're here to discuss, not to prove who is wrong or right. If you argue that CIMB HR works that way, then so be it.

And "ckwei", don't speak as if I have no knowledge of u've written. I DO know that there are a lot of SMART local students(come on dude, I'm young and have something which is called "friends"?) True that a number of local students are not able to write proper resumes or converse in fluent English, but I do admit they are good, technically.

Interview skills? Just be yourself. I never lie during an interview, which sometimes draws an awkward look from the interviewers, but nevertheless made the cut. I don't impress, but I confess. HAHA!

donnie.brasco
post Sep 22 2010, 02:13 PM

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QUOTE(bkfeng89 @ Sep 20 2010, 04:00 PM)
Just want to seek some opinions -

1-In the CIMB website it states that fresh graduate with less than 1 year working experience, does it take into account part-time jobs like insurance and such? Hopefully not biggrin.gif

2-Are they really strict regarding the 3.3 CGPA? If 3.2 or 3.1 like that they won't make any exceptions?

Feedback is duly appreciated.
*
dah nama pn mt, of coz la fresh grads, the part time u did during ur study will not be taken into account
smile.gif

dats the rules ony, i think its up to their consideration
same thing with getting scholarship
straight a's don't mean u get one
it depends on ur luck
do pray a lot ya! thumbup.gif
bkfeng89
post Sep 23 2010, 12:38 AM

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QUOTE(donnie.brasco @ Sep 22 2010, 02:13 PM)
dah nama pn mt, of coz la fresh grads, the part time u did during ur study will not be taken into account
smile.gif

dats the rules ony, i think its up to their consideration
same thing with getting scholarship
straight a's don't mean u get one
it depends on ur luck
do pray a lot ya! thumbup.gif
*
TQ banyak bro smile.gif
asdiqa
post Sep 23 2010, 06:38 AM

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QUOTE(bkfeng89 @ Sep 23 2010, 12:38 AM)
TQ banyak bro smile.gif
*
well,
i'm just back from UK completed my studies under PETRONAS LOAN. Now, I'm considering to switch my field from Engineering to Banking. But don't really have a good view of it as I never think of getting into banking. Now only I'm considering it as I'm trying to widening my opportunities.

Dont really mind jumping any field as long it has a good prospect to build my future.
illiyana
post Sep 23 2010, 03:31 PM

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Hi all,
where to apply this position?
i already look thru CIMB website but couldnt find it
donnie.brasco
post Sep 23 2010, 06:01 PM

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QUOTE(asdiqa @ Sep 23 2010, 06:38 AM)
well,
i'm just back from UK completed my studies under PETRONAS LOAN. Now, I'm considering to switch my field from Engineering to Banking. But don't really have a good view of it as I never think of getting into banking. Now only I'm considering it as I'm trying to widening my opportunities.

Dont really mind jumping any field as long it has a good prospect to build my future.
*
its totally different field bro
y u dont want to continue engineering-ing with petronas?
the money is good what
more benefits with petronas
u get opportunity to go middle east
haha
Makakeke
post Sep 24 2010, 11:38 PM

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It's still RM3k. RM3.2k is for masters grad. And I really don't think it's gonna be revised any soon.
hulkcame
post Sep 25 2010, 01:20 PM

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QUOTE(kelvin_tan @ Sep 12 2010, 12:10 PM)
@hulkcame
LOL .. I highly doubt the bonus is 1.1 million.. But hey if you say its true.. so it is?

Auditing reveleaed that CEO's in malaysia earn roughly 30-75k per month depending on company size and so far the highest bonus I've seen for CEO's is at 9 months. Which does not bring them even close to your 1.1million bonus.

Unless the person is the CEO of OSK or CFO or at the very least head of treasury and they had a crazy ass year mulling in profits (please take note OSK is VERY VERY CONSERVATIVE when it comes to risk), i highly doubt your statement
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no use in twisting my tongue my fren... hehehe..

head of department in my bank earns more than 70k per month (ive seen the pay slip (accidently?.. heee))... mind you its not the CEO.
media is conservative my fren.


as i know, his department do well in one of the investment raking in big profits... thus, the bonus is only for his department. drool.gif

anyone here made it to CIMB TCB?
Nama saya Amad
post Sep 25 2010, 06:54 PM

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QUOTE(donnie.brasco @ Sep 23 2010, 06:01 PM)
its totally different field bro
y u dont want to continue engineering-ing with petronas?
the money is good what
more benefits with petronas
u get opportunity to go middle east
haha
*
i'm in the same position as donnie rclxms.gif

want to venture into different field.

care to share what management trainee does in cimb? if they interveiw me, why change into investment bank, wht should i say sweat.gif sweat.gif
Makakeke
post Sep 26 2010, 02:47 PM

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QUOTE(hulkcame @ Sep 25 2010, 01:20 PM)
no use in twisting my tongue my fren... hehehe..

head of department in my bank earns more than 70k per month (ive seen the pay slip (accidently?.. heee))... mind you its not the CEO.
media is conservative my fren.
as i know, his department do well in one of the investment raking in big profits... thus, the bonus is only for his department.  drool.gif

anyone here made it to CIMB TCB?
*
Yes I'm one, like many of the posters here as well.


QUOTE(Nama saya Amad @ Sep 25 2010, 06:54 PM)
i'm in the same position as donnie  rclxms.gif

want to venture into different field.

care to share what management trainee does in cimb? if they interveiw me,  why change into investment bank, wht should i say  sweat.gif  sweat.gif
*
The problem with graduates nowadays is they don't know what they want, even though they think they do. Of course who wouldn't want a better pay job, or a good job that could kick start one's career better than the average joes? That's why there're so many MT programs out there. In a banking related MT program, you're basically already in the financial industry, unlike programs like BAT, F&N, P&G or even Sunway's SMART program where things that you learn can still be interchangeble between industries.

I'm an engineering graduate and I chose banking because I dislike the engineering industry and I prefer a job that requires a mixture of technical and social skills. Ultimately I would want to be in IB but even if god forbid I don't, CIMB MT's is a very good program that offers trainees a taste of IB, CB, supports division and most importantly the classroom training. Down side is you won't be specialized in any dept. in that one year.

I was questioned for over an hour on my 3rd assessment on why I chose banking instead of engineering. There is bound to be questions on that if you're not a finance/business graduate. Main question is why banking? why CIMB? How much do you know about banking? Ask yourself these questions first before applying for the TCB program.
gloomberg
post Sep 27 2010, 12:02 AM

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QUOTE(Makakeke @ Sep 26 2010, 02:47 PM)
Yes I'm one, like many of the posters here as well.
The problem with graduates nowadays is they don't know what they want, even though they think they do. Of course who wouldn't want a better pay job, or a good job that could kick start one's career better than the average joes? That's why there're so many MT programs out there. In a banking related MT program, you're basically already in the financial industry, unlike programs like BAT, F&N, P&G or even Sunway's SMART program where things that you learn can still be interchangeble between industries.

I'm an engineering graduate and I chose banking because I dislike the engineering industry and I prefer a job that requires a mixture of technical and social skills. Ultimately I would want to be in IB but even if god forbid I don't, CIMB MT's is a very good program that offers trainees a taste of IB, CB, supports division and most importantly the classroom training. Down side is you won't be specialized in any dept. in that one year.

I was questioned for over an hour on my 3rd assessment on why I chose banking instead of engineering. There is bound to be questions on that if you're not a finance/business graduate. Main question is why banking? why CIMB? How much do you know about banking? Ask yourself these questions first before applying for the TCB program.
*
aeronautical engineering?
Makakeke
post Sep 29 2010, 10:16 PM

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QUOTE(gloomberg @ Sep 27 2010, 12:02 AM)
aeronautical engineering?
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What makes you think that? laugh.gif
gloomberg
post Sep 29 2010, 10:24 PM

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QUOTE(Makakeke @ Sep 29 2010, 10:16 PM)
What makes you think that? laugh.gif
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seventh sense
home.aziz
post Sep 30 2010, 02:48 AM

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Hi guys, I've been lurking around this thread for a while now. Truth be told I'm doing my pre-interview research for my upcoming first round next week, and I feel like I should say something.

Even if you don't have a phenomenal CGPA, just apply. I applied the week before and I just received a call yesterday (or today? depends on how you look at it) afternoon. The fact that the person on the phone asked whether I did a twinning program made me question why they asked that, maybe they do have a bias towards foreign grads? I don't know.

But I do know I sent in my cover letter and resume with my <65 WAM (that's below 2.6 CGPA!) In fact, I stated outright that that was my weak point. On the other hand, I also had many other things to offer; I worked my way through university through several backbreaking jobs, completed an internship with one of the accounting big 4's and held significant posts in clubs.

The point is, if the HR is worth a damn salt, they will be looking at the person as a whole. Perfect CGPA is nice, but by itself it shows a dull person. Make your application colourful, but don't exaggerate, at least not too much. If you can't back it up, leave it off the paper. If your CGPA isn't up to par, state it outright; it's an outright requirement, leaving it off shows you're not paying attention. If they think you can be molded the way they want, they'll call you. If they don't, then there's no harm in trying right?

As for me, I'm really excited that I've been called for an interview, since I believe I'll perform really well face to face rather than through papers. Does that mean I'll get the job? Hell if I know. But at least I've gotten through the first hurdle.

Just apply.
gloomberg
post Sep 30 2010, 12:04 PM

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What's ur intention of joining CIMB Mgmt Trainee in the first place?

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