Thursday, November 3, 2011

eNewsletter: It's a rat race, if you don't network, you'll go nowhere

eFC.com
Hiring and pay trends in banking, finance and securities 03 November 2011
TOP STORIES
The Runaway MBA: Always remember that your MBA is a rat race - if you don't network, you'll go nowhere
On the first day of my MBA, the dean advised us to prioritise. He spoke about the many opportunities that would be placed in front of us and how the hours in the day were limited. In the previous 10 years of my career, I had prided myself on being able to multitask, juggle, and tackle never-ending to-do lists. His quote was a warning.
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Insurance sits pretty while banks get jittery
Even as banks are trimming fat from their workforces, it seems to be almost business as usual in Asian insurance recruitment. Although some banks have struggled to maintain profitability, the outlook for insurance firms in the region seems relatively optimistic. AIA and Prudential, for example, have seen strong growth in their Asian businesses in Q3.
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My Masters (blog 5): If your investment philosophy is radically different to your prospective employer's, don't take the job
The Russian-American novelist and philosopher Ayn Rand argues that all of us have a philosophy of life. Likewise, when it comes to investing, I think it's really good to know what you believe and how you know it to be true. Successful investing requires a unique blend of attributes and ideas. A humble spirit, for example, allows investors to learn from their own mistakes and also from others.
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Foreign banks slow down their hiring in China, but DBS continues to grow
As many foreign banks make major job cuts in Western countries, some have also slowed down or frozen recruitment in China. But DBS seems to be bucking this trend.
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