First of all, CONGRATULATIONS on getting into Mac Bank- definitely notorious for having some of the hardest entry requirements and better salary packages (for grads), and whilst it's true that it's a relatively small player compared to the rest of the IBs out there, getting into MB is still quite an achievement; especially when you consider you're still pretty fresh out of high school.pungpui said:Well considering that I did my HSC in 2004 (as said in the profile), then yes, last year was my first year at uni, so yes I got the job in first year uni.
When people are looking at the world scale, look at those investment banks within Australia. Goldman Sachs JBW, JP Morgan, even Deutsche are relatively small. I guess that also reflects on Australia's 'mini' size as well. I'm sure the Packers arent anywhere near among the richest people in the world.
And btw, again im not sure why a topic named 'Macquarie Bank employees' is getting replies where people are trying to analyse Mac's size in comparison to the world.
Heypungpui said:Well considering that I did my HSC in 2004 (as said in the profile), then yes, last year was my first year at uni, so yes I got the job in first year uni.
When people are looking at the world scale, look at those investment banks within Australia. Goldman Sachs JBW, JP Morgan, even Deutsche are relatively small. I guess that also reflects on Australia's 'mini' size as well. I'm sure the Packers arent anywhere near among the richest people in the world.
And btw, again im not sure why a topic named 'Macquarie Bank employees' is getting replies where people are trying to analyse Mac's size in comparison to the world.
wow well done, how did you do that? how did you apply?pungpui said:Well considering that I did my HSC in 2004 (as said in the profile), then yes, last year was my first year at uni, so yes I got the job in first year uni.
Graduate position in the Corp. Affairs Group.§eraphim said:Hey Grizzly. What did you apply for? I thought recruitment began early this yr?
thats a bit outdated HSBC is globally the 2nd biggest bank nowtacky said:MB = Slave factory. Globally, a tiny fish in investment circles and virtually unknown on Wall St. To give an indication of where MB lies in relation to the big wall st investment banks (by market capitalisation as per Business Week Global 1200, Dec-05):
1. Citigroup (US$245.61 billion)
2. Bank of America (US$184.16 billion)
3. HSBC (US$179.05 billion)
4. JP Morgan Chase (US$134.01 billion)
5. Wells Fargo (US$105.54 billion)
6. UBS (US$94.47 billion)
etc. etc. etc.......
560. Macquarie Bank (US$11.2 billion)
I think different groups will offer their internships at different times of the year, probably so the undergrad/HR officer doesnt get crammed up for a quarter of the year and then have nearly nothing to do for the rest of it!Grizzly said:No, i think that macq takes grads at any time of the year.
But will see how it turns out.
Is it that hard to transfer between different front office positions? (obviously given you produce good results)§eraphim said:Caution: It's important to get into the right division as well as the right company.