The 2nd interview was tough...
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-13 09:33:49  楼主  关注此帖
The 2nd interview was tough...
Was interviewed by MD of IBD and another Head of Dept, both of whom looked pretty stern and seldom smiled. Maybe they were trying to "scare" me or impress me with the colder side of banking...hehe...

Among the questions the toughest one was the social role played by i-bankers and whether they are adding or destroying values. Not sure if my answers were satisfactory to them, nevertheless it was an interesting debate...

They told me they would notify me in two week. In the meantime, finger crossed...

Wish me luck, friends:) Thanks.



Cheers!
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作者:frpapaya (等级:5 - 略有小成,发帖:1098) 发表:2004-10-13 10:01:45  2楼
What the hell is that question...social role of i-bank!!
I believe I-bank is not equal to hedge fund, so it increase value... else, hedge fund make the market unstable but create liquidity....
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-13 10:04:40  3楼
What the hell is that question...social role of i-bank!!I believe I-bank is not equal to hedge fund, so it increase value... else, hedge fund make the market unstable but create liquidity....
The qn was originally like this...
..."What is the social role played by the i-bankers."

The value-adding or value-destroying one later came out during our "debate".
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作者:affyoligo (等级:2 - 初出茅庐,发帖:45) 发表:2004-10-13 14:13:38  4楼
really tough
especially when the interviewers were cold-face to you.
You did well. Good Lucks!
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作者:ropin (等级:4 - 马马虎虎,发帖:1126) 发表:2004-10-13 17:01:35  5楼
2nd round is already MD, should be finalized after this round
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作者:fool (等级:11 - 出神入化,发帖:5183) 发表:2004-10-14 12:37:52  6楼
The qn was originally like this......"What is the social role played by the i-bankers." The value-adding or value-destroying one later came out during our "debate".
i guess the question is not debatable.
for any situation or occupation, one must trust that what he/she is doing can always create values for people in the world so the customer is willing to buy the value with their money.
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-14 14:30:16  7楼
i guess the question is not debatable.for any situation or occupation, one must trust that what he/she is doing can always create values for people in the world so the customer is willing to buy the value with their money.
Guess they were more interested in how i reasoned and presented an issue, ...
... rather than the answer itself.

anyway no one can conclude that i-bankers are always adding value as sometimes they tend to create over-capacity in one sector and, indirectly, under-capacity in another. To some extent, the IT bubble could be attributable to the enthusiams (or shall i say "greed") of i-bankers.
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作者:brave_wolf (等级:2 - 初出茅庐,发帖:11) 发表:2004-10-14 22:54:46  8楼
anyway, if u can get in it means bright career path waiting for you!!! good luck
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作者:trader (等级:2 - 初出茅庐,发帖:43) 发表:2004-10-15 19:49:44  9楼
Good luck, buddy. Wish you get your dream job.
oh, I mean career :P
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作者:trader (等级:2 - 初出茅庐,发帖:43) 发表:2004-10-15 19:50:01  10楼
Good luck, buddy. Wish you get your dream job.
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-16 12:33:44  11楼
Good luck, buddy. Wish you get your dream job.oh, I mean career :P
Thanks:) Fingers still crossed...
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-18 18:59:54  12楼
Fingers uncrossed, finally. ..
I am rejected...

But I am fine, though a little disappointed as I had advanced that far. Anyway there are still many banks/financial institutions around. I will strike again!
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作者:frpapaya (等级:5 - 略有小成,发帖:1098) 发表:2004-10-19 09:29:17  13楼
Fingers uncrossed, finally. ..I am rejected... But I am fine, though a little disappointed as I had advanced that far. Anyway there are still many banks/financial institutions around. I will strike again!
Don't worry, there are plenty of jobs around
Anyway, I don't like that Bank much.
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作者:海风 (等级:7 - 出类拔萃,发帖:5480) 发表:2004-10-19 19:02:02  14楼
Don't worry, there are plenty of jobs aroundAnyway, I don't like that Bank much.
Pity. Keep trying
i believe you have the edge
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作者:CFA (等级:3 - 略知一二,发帖:805) 发表:2004-10-20 08:44:24  15楼
Pity. Keep tryingi believe you have the edge
Thanks for your encouragement. "Johnnie Walker" is my middle name:)
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作者:brave_wolf (等级:2 - 初出茅庐,发帖:11) 发表:2004-10-20 23:54:04  16楼
keep trying since so many bank and broker firms around, all the best
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