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CIMB Management Trainee
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ckwei
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May 7 2009, 08:49 PM
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don't think they are freezing headcount at all, not that i know of anyway. IT is also hiring, i just met 2 new hires for IT earlier in the week. MT program is taking in around 15 ppl 4 times a year(the annual report said they hire 60 people yearly), first 2 batches are already in, 3rd batch will start in july. not sure whether they will have a 4th this year.
IQ test is a non-discriminatory test, 300q but all easy peasy stuff, just need to be alert, fast, n accurate. and yes they are fast, and if you're from out of town they will arrange for all the 3 stages after the initial one to be as close together as possible for you.
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ckwei
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May 27 2009, 07:02 AM
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Doesn't necessarily have to have a 3.0, but the grades are used to screen potential candidates, so as long as you're able to get a first interview, your results shouldn't matter too much thereafter. I was told that plenty of gpa 4.0 people have been rejected in after the first interview because they can't even speak proper english or carry themselves well, so don't worry too much about your results and just be yourself
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ckwei
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Jun 8 2009, 07:50 PM
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interview is conducted in english. don't think they will test your bm so don't worry about it.
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ckwei
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Jul 8 2009, 11:35 PM
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level 9, commerce square if i'm not mistaken. if you come down from pusat bandar damansara, it's the 3rd building along the cimb stretch, right next to institut bank-bank malaysia.
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ckwei
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Jul 12 2009, 10:42 PM
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confused : check the website to learn more. but it will be unwise to go for an mgmt trainee position in cimb because you are not guaranteed a place in whichever dept your preference is(for you its equity trading), as the trading positions are in high demand and the respective depts are very selective over the ppl they take in.
vroom : just read up a bit about cimb and it's respective line of businesses. and remember who the few key personnel are.
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ckwei
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Jul 15 2009, 09:33 PM
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it's not even an iq test. it's more of a learning aptitude test, a non-discriminatory way of ascertaining your ability to learn and understand. so nope, the test is not insane, it's not even hard, at all. you just need speed and accuracy, rather than intelligence.
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ckwei
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Jul 16 2009, 11:06 PM
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its definitely not an iq test, that's all i have to say. they just call it that, but in actuality it is just a tool to determine your ability to learn and your speed of digesting data. the facilitator has already said it's a non discriminatory test, so people from all walks of life, from kids to adults without degrees, will be able do it.
vroom : goodluck. and please prepare well ahead. make sure it is comprehensive.
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ckwei
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Dec 1 2009, 09:52 PM
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so pepper did you start in ccs?
loofatt : depends on what kind of advisory we are talking about, cos they have things like risk mgmt and performance improvement in pwc.
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ckwei
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Jan 10 2010, 06:05 PM
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either the next day or within the week.
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ckwei
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Jan 16 2010, 10:57 AM
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as long as you speak decent english and dont stuff up, it's fine. there's no such thing as recruiting only foreign grads. actually on the contrary they take in quite a number of local grads nowadays, with their whole aim of going local/regional. it used to be very very biased towards foreign grads, but not nowadays  tata88: if the person has gpa4.0 but cant hold a decent conversation or sell him/herself well, its of no use. they have rejected plenty of gpa4 people just because they cant even speak in english.
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ckwei
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Jan 19 2010, 10:28 PM
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the cgpa is just a guideline. i know of people who has entered with just a 60pt avg and still did fine
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ckwei
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Feb 7 2010, 01:17 PM
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if you're through to the 4th, doesn't mean you'll get it. the 4th is a 50-50 game, very, very subjective. if you've aced the first 3, but if pn. H says no during the final stage, then it will still be a no go.
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ckwei
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Feb 28 2010, 12:54 AM
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ice breakerz and 04021987 where are you guys starting in?
niko : some MTs get promoted after the 2nd year(which is actually after the 1st year of you being absorbed into a dept for a permanent role)
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ckwei
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Mar 20 2010, 01:22 AM
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they hire 4 times a year, so even if batch15 is full if u make the cut u can still make it for batch16, difference is just that u'll prolly start your rotation first.
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ckwei
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Mar 30 2010, 09:12 PM
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ballpark figure is around 1k a month. i was told is approximately to a ratio of 10:1. e.g to hire 1, they interview around 10, to interview around 10, they screen through around 100.
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ckwei
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Mar 30 2010, 11:49 PM
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very fair assessment, underpressure. it is widely known that cimb is trying to make its mark in se.asia, and as a growing bank, the opportunities are always there for those who are deserving. fair enough to say that you're more likely to end up in commercial banking in either cimb or hsbc, but in cimb, at least you know the door to ib is left a tad wider open than in hsbc just because of it's size and its deal flows. cimb is less likely to send you all across the globe, but they do have a minute presence in hk ny and london, with a much stronger presence in sg, thai and indo. i think the possibilities of overseas exposure is still there for cimb if you are good, but it is not comparable to hsbc which can easily send you to hk or london(if you are good) just because they have a much more sizeable operation there like how cimb is in se.asia
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ckwei
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Jun 7 2010, 11:34 PM
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just make sure you have enough sleep the night before and wake up fresh. you can't really prepare for it, you just need speed and accuracy, can't exactly practise for it  3k for bach, 3.2k for masters or any professional accreditation like ACCA.
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ckwei
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Jul 20 2010, 10:44 PM
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john : i think there's another thread about cimb around which contains some questions about working in IT, IIRC. kallias : google! you'll be surprised at the usefulness of google re the presentation  1st u talk to the working level, mostly re your study/work experience. 4th u talk to the HR director, mostly re your family.
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ckwei
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Aug 6 2010, 10:24 PM
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you can email your resume in, which should have stuff that are good enuff to catch their notice(exceptional work/interning exp, co-curricular activities or social work). don't attach the transcript. if you're lucky, you'll get a call for an interview, which is when they'll want to review your transcript. you cant escape the <3.3 gpa, but then if you sell yourself well enough, you still have a chance.
if you're lucky enough that they don't ask about your cgpa over the phone.
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ckwei
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Sep 18 2010, 07:26 PM
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so much misinformation here.
1. they take in both local and foreign grads 2. there will be a 2 month classroom period where you are under evaluation, to see whether you are more suited towards ib or cb, and will be set after classroom ends. What i'm hearing now though is that new hires are told at the end of their 4th interview on which side they will be sent to. 3. IB has a lot of vacancies. 4. the program is called the TCB, and has a universal banking focus. at no point in time was it advertised as an investment banking program so the the likelihood of ending up in cb is as high as that of getting into ib.
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