Banking course investment

Questions and Answers

How would you fare the msc investment banking from the univ of east london ?

Q) the msc in invt banking from the univ of east london is in collaboration with the LSBF i,e london school of business and finance (not the london business school), pls provide your viewpoints on grad employment after the course ?

A) i'm sorry i have no experience of this .....

Would I stand a chance at investment bank firms with an Open University degree?

Q) Hi, I recently quit one of the 'best' unis in the country to work and get a degree with the Open University (UK). I'm doing Economics&Mathematical Sciences and have already asked questions about the higher than expected difficulty/level of the course. I am wondering, however, whether investment banks e.g. Morgan Stanley, JP Morgan etc., particularly in Australia, would recognise this as a good degree? I know that the investment bank firms are still somewhat routed in the past and quite traditional when it comes to degrees, so would they give me a fair shot as any one would deserve? Thanks

A) I know a guy that lets school started of in the mail room at 16 showed he had what it takes he is now 23 living in singapore on £80000 a year working as a stoke broker. anything is possible

What training would be required if I wanted to work in banking?

Q) Of course I'm not talking about working in a bank per se (tea bod etc...) but more towards the higher salary positions to do with investments and so forth. I am 26 now and have served in the military for the last 10 years. I left school with grade A GCSEs in maths English and sciences and I am now considering further learning through correspondence courses to broaden my career choices when my service time is up. I already hold a position equal to a junior manager and I have been a Section Commander in operational theatres such as Iraq; so I already have the qualities required to lead people and manage assets effectively. So, back to the question in hand, what would be my first steps towards working in investments?

A) I there, I know this has nothing to do with your question, but i dont know how to contact you. Just wanted to say picking up that young womans handbag was a very nice thing to do! Dont allow a "Troll" to drag you down to her level. You have good manners and you sound like a gentle men. It would be a pitty if you stopped being that person because of someone elses lack of class. You will alway stand out amongst you friends and you deserve nothing less than a lady!!!

Best Finance course?

Q) I am looking to work in the City as an Investment Banker or Investment Analyst or in Mergers and Acquisitions. Which one is the best course at postgrd level to achieve this? I got a place to study for an MSc in Banking and Finance, MSc in Finance and Investment Analysis, MBA. Which is the best.

A) You will be better advised by somebody from the city

Would these extras be more important than academics?

Q) Hi, I'm a student reading Economics at Cambridge University. Just finished my first year and ended it with a disappointing 2:2 class, just 1% short a 2:1. I'm hoping to get an internship and eventually a job with a top investment bank in London - although I'll be selling my soul to them, I need the money to pay for my education. However, I hear that most of the top firms happily throw aside any CVs containing a 2:2 or below, so that they can lesses the heap of CVs they already have. I believe I've a valid reason for my grades however (although my tutor would never agree). Throughout the year, with the exception of the last 2 months, I was busy studying and then implementing a small business in the direct marketing industry. I had my own sales copywriting business to be exact. And in the midst of making quite a bit of money every month, I decided that it was more important (and fun) than studying. There're other EC activities of course - would I stand a good chance with employers?

A) experience is usually more important than grades.... plus you only just finished your first year, you still have time

Why is the Open University so hard?

Q) Ok here goes - I got my materials for my first course which is MST121 Using Mathematics. It's only a 30 point course for university entry level maths, and I am aware of the fact that it is level 1. I did a maths A level just 2 years ago and got an A. I thought the materials were for the whole course by the amount of books but then I discover it's only half :(. For a 30 pointer, they must be kidding?! I used to go to one of the two most highly regarded universities, well it was last year (hint hint) and the workload was nothing compared to this, and I still have 90 points more to do this year, 60 of which will be at level 2. I also have to get 85% for a first when in my 'other' uni it was 70% and you could crap on the paper and get it. It pisses me off because my family think it will be a poorly regarded degree, I am doing Economics & Mathematical Sciences BSc and I was wondering whether investment banks would consider this degree amongst all those ivy league/oxbridge ones? Thanks guys

A) The OU is very well respected. The course is more intense as you have to cram more learning into less time. Maths in particular is one of their strengths. Many traditional maths courses are under subscribed, and will give 1st year uni students an easy run to keep them sweet, then wait till the 3rd year to hit them with the hard stuff. It isn't very nice and leads to lots of broken dreams, but the government have made it all about hooking in 'customers' and not hitting them with the truth till it is too late. That includes the 2 biggies- contrary to popular belief, being the hardest to get into doesn't make their courses the hardest. An example would be Environmental Science - UEA, a quietly respectable 1950s uni- actually rates higher for teaching, has a harder course and more postgrad opportunities (their scientists were at the fore of Ozon research in the 80s and 90s) ... but because they aren't one the 'big 2' they don't have the marketing clout to demand 4 As to get in. Those 'in the know' however, know to opt for them. It is similar with the OU and maths, ICL with sciences and so on ... less well known overall, but more kudos in a particular discipline.

Northern Rock bank scandal Labour plan to sell it convertly??

Q) Melvyn King and Sir John Gieve should have anticipated Northern Rock's problems with credit squeeze on August 9 and known exposure of Northern Rock to wholesale markets for finance- with very large share of investment in US sub-prime. Furthermore, King is quoted to have stated the preferred course of action would have been secretly to find a buyer for Northern Rock over a weekend so its depositors "would have woken up on the Monday to find -themselves depositors of a larger well-capitalised bank". Instead- takeover can now be undertaken with attaining well-capitalised bank at much reduced share price. Source- Financial Times. What is your opinion? Yet more Labour high-level graft?

A) Adam Applegarth has a lot to answer for and the Bank Of England has shot itself in the foot by guaranteeing client money in the Northern Rock, now every time a Bank gambles and writes bad business does this mean if the public are set to lose they will always step in? The whole incident has been blown out of all proportion due to investors running scared and the usual media frenzy, a takeover would have been the simplest answer for all concerned, though now the Mr King has stepped in the value that would have been their for a takeover I believe has been reduced. All in all its yet another days laundry done in public, after all that does appear to be the New Labour way of running the country. I am sure a spin doctor somewhere thought the intervention of the government would be seen as a positive move and increase their popularity.

Interesting Investing?

Q) Fred Bloggs has a few thousand pounds to spare. He decides to invest it in shares with the Northern Rock, the dividend from the shares is very poor, so Fred and thousands of others like him, decide to withdraw their cash. Northern Rock realise they have to do something to tempt Fred and the others back into an investment with them. An American institution tells Northern Rock that it has lent money to credit risk customers and is charging them a fortune for the service, would NR like a piece of the action? Of course, says NR and it buys in big style to the American Market. Fred and friends are now convinced that they will get a great return on their investment and decide to re-enter the NR portfolio. Calamity, those bad credit bounders in America start to default on their mortgages, Northern Rocks investment is exposed and the banking world who normally lend NR their daily operating cash, suddenly say "No More" as they are unsure of just how much NR has invested in America. Suddenly, the NR share holders start to remove their cash, the share holders hold meetings to complain that they may lose their money and scream for some form of guarantee from the government. Guarantee for what? So who is to blame The Government The Shareholders The Northern Rock Who has been the greediest little piggy in this whole sorry mess? I ask this question because it also ties in with the recently announced hikes in electric and gas. All supply companies announced massive profits for last year and here we are facing more price hikes because, as they claim, they need the extra cash to continue to supply. They actually need the extra cash to keep the shareholders happy (Yes those same shareholders who will also be paying the extra for gas and electricity) Now they really are greedy little piggies!

A) Hi Stephen That may be the clearest explanation I have ever read of the whole NR mess. Thanks The main fault lies with Nothern Rock. They are responsible for the investments they choose.

You know when you're skint?

Q) American Express calls and says: "Leave home without it!" Your idea of a 7-course meal is taking a deep breath outside a restaurant. You're formulating a plan to rob the food bank. You've rolled so many pennies, you've formed a psychic bond with Abe Lincoln. Long distance companies don't call you to switch anymore. You look at your roommate and see a large fried chicken in tennis shoes. Your rob Peter...and then rob Paul. You finally clean your house, hoping to find change. You think of a lottery ticket as an investment. Your bologna has no first name. You give blood everyday... just for the orange juice. Sally Struther's sends you food. McDonald's supplies you with all your kitchen condiments. At communion you go back for seconds. You wash your toilet paper. You have to save up to be poor. You're in college. On thanksgiving your dad would bring home a picture of a thanksgiving meal. You owe yourself money. You are sterilizing your urine for reconsumption. Your imaginary friend has more money than you

A) v. good, loved it, have a star

18 signs you're flat broke?

Q) 1. American Express calls and says: "Leave home without it!" 2. Your idea of a 7-course meal is taking a deep breath outside a restaurant. 3. You're formulating a plan to rob the food bank. 4. You've rolled so many pennies, you've formed a psychic bond with Abe Lincoln. 5. Long distance companies don't call you to switch anymore. 5. You look at your roommate and see a large fried chicken in tennis shoes. 6. Your rob Peter... and then rob Paul. 7. You finally clean your house, hoping to find change. 8. You think of a lottery ticket as an investment. 9. You give blood everyday... just for the orange juice. 10. McDonald's supplies you with all your kitchen condiments. 11. At communion you go back for seconds. 12. You wash your toilet paper. 13. You have to save up to be poor. 14. You're in college. 15. On thanksgiving your dad would bring home a picture of a thanksgiving meal. 16. You owe yourself money. 17. You are sterilizing your urine for reconsumption. 18. Your imaginary friend has more money than you.

A) well my imaginary friend is a multi millionaire & he's got more money than your imaginary friend so there.

I want shift from IT to Investment banking without having to quit to do a full time course. Advice?

Q) I am currently working for an IT consulting firm at New York. I dont wanna leave my current job and go for a full time finance course. I want to gradually move over to the investment banking.

A) Hey, you're in NY! Plenty of top-notch schools, and if you check, most if not all offer evening and weekend schedules for students who work. Several offer 'online' courses also, if that's better for you. Check out the websites for NYU, Columbia, Queens College, Baruch, Hunter, CUNY - i am sure you will find a program. best of luck to you.

is there a course which teaches me the basics of accounts and finance, and investment banking, in bangalore?

Q) I want to work in Investment Banking field. So I would like to enhance my skills in this filed. If there are any classes or courses that cover this, it will be of help

A)

Which is hottest course/diploma/degree in Australia/New Zealand in Finance, Investment Banking or Logistics?

Q) Ii am 29 living inidnia . Done B.com But i have good knoweldge and i feel i can work hard. please guide

A) marketing

i want to do an investment course,which institute/bank provide short time courses in Navi Mumbai???

Q) investment in stock-exchange

A) A Web search turned up little of value: http://search.yahoo.com/search;_ylt=A0geu7vScFpGMxEBvVJXNyoA?p=Navi+Mumbai+investment+course&ei=UTF-8&fr=yfp-t-501&x=wrt However, in most communities, you would be more likely to find investment courses at a local university or college, or perhaps even a local investment club, then at a bank. See if you can obtain a list of course offerings at a local educational institution. There are also many online educational opportunities regarding investing, and so you may want to start here instead: http://search.yahoo.com/search;_ylt=A0geu6EcclpG2mIBEFVXNyoA?p=investment+courses+online&ei=UTF-8&fr=yfp-t-501&x=wrt

How do I get into investment banking...are there any courses I should be taking?

A)

Career opportunities in Investment Banking for MBA (Finance) in India?

Q) I am an MBA with a Finance major. I'll be completing it next year. What options would be available for me in Investment Banking in India. Also, what are the other courses that would help me break into investment banking.

A) Some life experience is always a bonus. Try volunteering.

Which Professional Courses are available in Canada or USA to have a career in Finance, Investment or Banking?

Q) I have just completed my undergraduation (degree courses)from a reputed university in Canada in dual disciplines: a) Computer Engineering and b) Economics. I would like to study further and join a one/two or three year professional course awarding a degree or diploma in the field of Finance and / or Investment Management that will enable me to have a career in Banking or Finance.

A)

investment banking job?

Q) I just have graduated American liberal arts university in my country and have legaly recognized US diploma (bachelor of arts in Bus. administartion). I started working for the Inv. banking department of a local mid-size bank. Sevaral months ago I received notification that I've won from the green card lottery. If I get the green card, my dream is to be able to work for one of the largest investment banks in the USA such as Morgan Stanley, Merrill Lynch and JP Morgan. In your personal assessment what are my chances of getting a job in such a bank? As I mentioned above I have US siploma, I will have 1 year of experience in the field (though in emerging market) and I intend to try taking at least CFA level I, before I move to the US. But of course I guess that I'll still be a foreigner, regardless of weather permenent resident or non-immigrant visa worker.

A) I guess it depends where in a ibank you want to work. The largest of the banks have thousands of positions available, but they certainly are sought after. You will be competing with thousands of others who have a similar background to yours, others who have graduated from U.S.-based universities that are more recognized here, and with people that have more work experience. You need to find a way to differentiate yourself from the rest - I hate to say it, but honestly, resumes from foreign candidates often all look the same - a university that the recruiter very well may not know, and perhaps work experience for a bank that may not be known either. Beginning the CFA process is a great start. You could use to refine your english as well. Sadly, no one will give you credit for mastering your own language and being largely proficient in english as well. They will compare your english capabilities to those of people who know english as their native language (and probably the only language they know). I'd say, set your goals and figure out what you'd like to do within the ibank specifically. Understand also that these big banks offer a great opportunity to transfer from within to other departments, so if you can get a door open, take it. Plus, with a major US bank on your resume, it'll be easier for you to apply to jobs within other banks.

how much CFA course help to get good job in investment bank?

A) yes chartered finanacial anylysit gets good job but the course is not easy

have immigrated to Ontario,Canada. I have a 4 Yrs of Banking/insurance exp fm india.how to find a related job?

Q) do i need to get into some course in canada....for getting into banking/investment management

A) You need to go to a community college or school and talk to a counsellor about your experience and if it is considered equal to Canadian standards. I have talked to many immigrants from India that are Engineers in their country but can't work here because they are under qualified. You may need to upgrade some your education in some areas or you may need to change fields. Also talk to people in the business. If you are wanting to get into investing management then you will probably require more education and will have to pass an exam the Canadian Association of Investment Bankers will also have info for you