Career Talk – Investment Banking

1. Career Talk – Investment Banking • 16 Nov 2011 • CSWCSS • Ngai Tak Ping

2. Content • - Self Introduction • - What is “Investment Banking” • - Prospect of working in the Industry • - Salary Level in General • - Some Major Investment Banks • - Strengths for Success • - Way to enter the Financial Industry for a Graduate • - Well recognized qualifications 1

3. Self Introduction • 1. 倪德平 • 2. Graduated in 1986 from CSWCSS • 3. Obtained a bachelor degree in Accountancy from City University of Hong Kong in 1989 • 4. Became a qualified accountant in 1996 • 5. Working in banking industry since graduation • 6. Currently a Vice President of a Japanese Investment Bank 2

4. What is Investment Banking Fund Raising Merger and Acquisition Corporate Finance Liquidity Management Government Investment Funds Corporation Retail Customers 3

5. Established local market for the expertise Hong Kong is one of the major financial centre in the world. Most of the investment banks have their regional headquarter in the city. 4

6. Some Major Investment Banks • UBS • Morgan Stanley • Goldman Sachs • Credit Suisse • JP Morgan • HSBC • Bank of America Merrill Lynch • Deutsche Bank AG 5

7. Opportunity to work overseas Shanghai London Tokyo New York Mumbai Singapore Sydney 6

8. Salary Level of the Industry • ( Average per month ) • Graduate trainee $ 18k -21k • Analyst * $ 22k – 30k • Manager * $ 28k – 50k • Senior Manager * $ 50k – 80k • * Source : Salary Guide Hong Kong 2011, Morgan McKinley 7

9. Usual Strengths for Success • Willing to work for long hours and under pressure (9+ hours daily) • Be a good team player and have innovative ideas • Good at communication in both written and oral 8

10. Way to enter the Financial Industry Graduate Program UNIVERSITY • SECONDARY SCHOOL Internships Engineering Accounting and Finance Economics 9

11. Popular JUPAS Programme (3 year curriculum) for Graduates The Chinese University of Hong Kong • JA4202 Integrated Bachelor of Business Administration Programme • JA4238 Insurance, Financial and Actuarial Analysis • JA4240 Professional Accountancy • JA4252 Quantitative Finance • JA4276 Quantitative Finance and Risk Management Science The Hong Kong University of Science and Technology • JA5012 BSc Risk Management and Business Intelligence • JA5232 BSc Mathematics and Economics • JA5701 Bachelor of Business Administration • JA5751 BSc Economics and Finance • JA5787 BSc Quantitative Finance • JA5921 BBA Global Business 10

12. The University of Hong Kong JA6767 Bachelor of Economics / Bachelor of Economics and Finance JA6781 Bachelor of Business Administration (Accounting and Finance) JA6793 Bachelor of Business Administration (Information Systems) JA6884 Bachelor of Science (Quantitative Finance) 11

13. Widely Recognised Qualifications • 1. Institute of Certified Financial Planners of Hong Kong • A bachelor degree of an accredited university or above or passes in six modules of the certification education program 12

14. 2. Hong Kong Institute of Certified Public Accountants 13

15. 3. Chartered Financial Analyst • 特許財經分析師、特許金融分析師、註冊金融分析師 14