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Investment Banking timings in Pakistan

 
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Investment Banking timings in Pakistan
ausmanpk2001
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#1
12-09-2006, 01:43 AM
I am thinking to do CFA & enter the world of investment banking in Pakistan. I have researched a bit on the office timings & it seems that they are really very long uptil late night in the earlier years. Thats really horrible.

I was wondering what are the normal working timings for people working in this preofession in pakistan. Anyone working in that fild or someone who knows about it..please reply

Thanks
derivativetrader
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#2
12-12-2006, 12:51 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ausmanpk2001</i>
<br />I am thinking to do CFA & enter the world of investment banking in Pakistan. I have researched a bit on the office timings & it seems that they are really very long uptil late night in the earlier years. Thats really horrible.

I was wondering what are the normal working timings for people working in this preofession in pakistan. Anyone working in that fild or someone who knows about it..please reply

Thanks
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

I would say min 9-7 for a fresh grad working within the investment banking division. Sales& Trading professional might be slightly less and more market hours oriented.
ausmanpk2001
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#3
12-14-2006, 01:14 AM
hmm.. thanks
thts min whats "normal"
do you work in the investment banking industry?
derivativetrader
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#4
12-15-2006, 09:28 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ausmanpk2001</i>
<br />hmm.. thanks
thts min whats "normal"
do you work in the investment banking industry?
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

I've never worked in Pakistan so can't comment on it from that perspective. In London, if you work within the IBD (Corporate Finance dept.) at a graduate level you may be working an average of 70+ hours a week. For front office people in market, hours could be slightly better but expect around +/-60 per week.

I have worked in the IBD of a bulge bracket US Investment Bank in London. Now I work in investment consulting side - much more fun on the buy-side - but I have numerous friends in Ibanking and do interact with senior bankers as part of my job.
ausmanpk2001
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#5
12-17-2006, 01:17 AM
thanks

one more question

I'll be applying for investment banking in pakistan with a Bachelors Hons in Accounting with associate membership of Securtities & Investment Institute of UK & ACCA Associate member

What are the chances that I might get an offer? & any idea about the starting salaries?

Thanks
derivativetrader
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#6
12-17-2006, 08:43 AM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ausmanpk2001</i>
<br />thanks

one more question

I'll be applying for investment banking in pakistan with a Bachelors Hons in Accounting with associate membership of Securtities & Investment Institute of UK & ACCA Associate member

What are the chances that I might get an offer? & any idea about the starting salaries?

Thanks
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

As I said before I don't have any experience of Pakistani recruitment so cannot really help.
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