Do these local grads have proper banking internships (discounting those with BO backgrounds)? It's understandable if local uni grads go there if they want to break into the finance industry without prior related experience. But given the cut-throat nature in local unis and especially so for business schools (constant comparison of internships between peers throughout the 3 or 4 years), I find it quite hard to believe that there is an actual sizable amount of local graduates in the SUPER program. I've been through the system and I know how it is. Anyone who's been through the same will tell you similar stories.

I personally don't know anyone with decent backgrounds and from local unis doing SUPER program.