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Old 23-05-2011, 01:00 AM
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Default re: GIC

To the posters above who mentioned GIC (and MAS) as the best scholarship as it would make it easy to transition into finance:

It's true that the skills you acquire at GIC (dependent on your posting as well, as you could be doing an internal job such as strategic planning rather than real investing) are directly relevant to the investing world. It will certainly be easier to make the case to the Goldman Sachs and JP Morgans of the world to hire you. Except that GIC (and MAS and Temasek) is a HUGE client for them. I know several GIC scholars who have secured job offers from the big investment banks, but when they submitted their resignations, their bosses found out where they were going and called up the managing director at the bank and threatened to pull GIC's business unless the offer was rescinded. Now if you're the MD at the bank, would you risk losing a huge client just to hire some ex-scholar? From my friends' experience, the answer was no, and their offers were rescinded.
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