Seeing that most of the information posted is rather misleading, I hope to be able to clarify matters for those interested in the program. Being someone who is actually in the program, I hope to give a much clearer view.

The program duration is 2 years in which you will be bonded to CIMB for this amount of time. The first 2 months consists of pure classroom training (exams and presentations) followed by 10 months of rotations. After a year, you will be confirmed as a full time staff and you still need to serve another year to make up for the 2 years of the bond. Only after the 2 years can you leave at your will without having to pay CIMB back.

The MT (management trainee) program is an excellent program for someone who is interested in the banking industry. Despite what you hear, you are not going to end up selling credit cards in shopping malls after the program. This program is meant to groom the future leaders of CIMB which is why they are very selective and also expect a lot from you.

There are 4 intakes in a year. Each intake has about 13-15 ppl max. The first 2 months of the training is when they will evaluate you to see how capable you are. You can choose the departments where you want to end up in. It can be equity markets, trading, corporate finance, debt markets, asset management and even retail banking. The choices are numerous. However, you have to prove your worth. If they find you to be not smart enough or not hardworking enough, forget going to any investment banking departments of your choice. Why would someone want to take you into their department if you are a terrible worker? CIMB is very performance based. If you're good, you will excel, if you're bad, off you go.

For fresh grads who are interested in the banking industry, it is a good program. However, be prepared to work hard (long long hours) and have a good attitude. You will definitely be rewarded accordingly =)

If anyone else has questions about the program, just post it and I'll be glad to answer them to the best of my knowledge.

lol. The IQ test is definitely not 'insane' let alone hard. I dont know if you can 'fail' the test but if your marks are below that of the average person, it pretty much explains something. Even if you do badly in the iq test, they will probably still call you for a presentation to test your other skills but the iq marks do play a part in your overall evaluation.

teh liang seng, get back to work..

wai Kuen is watching uuuu.....

lol, spy... hahaha
what spy, just a friend playing a prank

lol, obviously there are interviews for internship.

ya ill just walk into goldman sachs tomr morning and say 'HI, im here to start my internship'

anyway pepper, they prob wont expect much from you. but at least keep abreast with current market conditions. they would want you to have an interest in banking at least.

may i know in which departments do you intend to do ur internship?

i say that they wont expect much from you coz honestly, what you do in the real world differs quite a bit from the theory you learn in uni. It is very unlikely youll be ready to do what they throw at you without being taught. Internships are there for you to learn and see how its done in the real world and also for them to have someone running around doing the donkey work.

i dont think they have internship slots for debt capital markets. Corp finance and investment banking probably coz they need ppl to help around. But remember, its gonna be quite a bit of gruntwork.. photostating, scanning, data entry..

just learn the most you can out of your surroundings. Afterall an internship is for you to get a real view of whether that is what you wanna pursue in the future as a career