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Do investment banks recruit from IIM?

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Do investment banks recruit from IIM?

Alumni from IIMs Ahmedabad and Calcutta make up the biggest chunk at the top three investment banks – Goldman Sachs, JP Morgan, and Morgan Stanley. XLRI and JBIMS alumni concentration at these banks is also significant, though the data for JBIMS may also include individuals not from a management background.

How much do investment bankers from IIMs earn?

Salaries offered by investment banks typically consist of two portions — a base salary and bonus. An ex-IIM-A student said the bonus could be equal to the base salary. So, if the base salary is Rs 70 lakh, the total package could be around Rs 1.4 crore in a good year.

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Does HDFC hire from IIM?

HDFC Bank hires about 5-6 candidates from IIMs. Most of these are for trading in bonds and currencies. For commercial banking such as corporate and retail, they pick graduates from other schools. The bank is expected to offer a 15-18 lakh package.

Do investment banks hire CAs?

BAML, Credit Suisse, Goldman, JP Morgan, Moelis hire CAs for their internship and also give full time offer. But only 5–10 CAs get an opportunity like this, with around 2–4 getting full time offers.

Does Goldman hire from ISB?

Swiss pharma multinational Novartis has hired two students from ISB this year, paying them dollar salaries which cross Rs 1 crore. “Goldman Sachs, Boston Consulting Group, Mckinsey and Cargill Foods too are in the process of hiring,” said one person in the know of ISB placements.

Does Citi sponsor MBA?

Other regular sponsors include Saudi Aramco, Norges Bank and Citigroup. Students undertaking distance learning programs, such as online or executive MBAs, are more likely to receive employer funding than full-time students, according to data from exam administrator GMAC.

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Do banks sponsor MBA?

Yes (well, at least they used to). It is very common for banks to pay for existing Associates to get MBAs (mostly at Columbia University so that they can work AND get their MBA at night).

How much do various investment banks pay at IIM A/B/C/ ISB?

Toptal software developers go through a strict vetting proces(Continue reading) Originally Answered: How much do various Investment Banks pay at IIM A/B/C/ ISB? Most other IBs in India pay within the range of 25-35 LPA. Note: All figures are per annum, CTC.

How do I get a job in IIM-C with a CFA?

CFA- holding 6+ top bracket scores in L1, or qualified L2 and beyond, will greatly help your chances. Roles can be at analyst level and/or associate level, mostly the former. Per firm, only 1–3 are hired, current class of 2020 at IIM C had a case of a bulge-bracket bank willing to go above 3 but is rare.

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Do banks recruit for IB students from IITs?

But there isn’t that muchon-campus recruiting for IB roles, even at the top IITs – banks mostly want candidates from the top IIMs(Indian Institutes of Management) instead.

What are the best books to study corporate finance at IIM-C?

There are up to 6–8 of them/year at maximum at any 1 campus, and they are lucrative, irrespective of India or abroad. 1)Study concepts from Corporate Finance (4 author book by same title; 1 of the authors is Prof. Ram Kakani, IIM C alum and XLRI prof) and OFD by Hull/Basu (for Markets) or Damodaran (Valuation text) for IB/PE/VC.