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Old 22-10-2021, 08:29 PM
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It's true there are local grad hires. Which local uni matters not as much as the ability to get yourself in front of the hiring managers for the interview. That means either you have to have the relevant internship experience and/or ways to show your keen interest in the industry for you to have things to talk about and the bosses to ask you questions about. Or you have well-connected parents or friends in the industry to get you in the door for the chance to meet the hiring managers. Otherwise, there are just way too many people applying for the bosses to even consider talking to.
Of course, FO is only for the cream of the crop. Networking is a huge driver as well. It'll help you a lot in breaking into FO but it's not a strict pre-requisite per say. You need to have strong interest in finance demostrated through finance internships of course but you don't need a rich daddy to get you in.

Having multiple cca, multiple case competitions wins or finals, multiple internships, good honors are pre-requisities. Lack any one of these and you sure the hell won't be getting into FO. Bonus points for overseas internships or exchanges. These are qualities that local uni grads have in abundance. Trying to find a local biz grad especially finance grads without every one of these criteria is as good as finding a needle in the haystack. Private grads on the other hand..

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