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Internship Dilemma: Credit Suisse vs Ocbc

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Old 24-02-2012, 04:51 PM
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Default Internship Dilemma: Credit Suisse vs Ocbc

Hi,

Facing a dilemma between Credit Suisse Private Banking (Operations) vs Ocbc Global Treasury Internship.

Having not decided on my future career, (but with a rough idea, something that is challenging, and of course high paying and revolves around IB/PB/Sales and Trading), was i get some advice from the more experienced seniors here.

Thanks !



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Old 24-02-2012, 07:06 PM
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Quote:
Originally Posted by jfjl View Post
Hi,

Facing a dilemma between Credit Suisse Private Banking (Operations) vs Ocbc Global Treasury Internship.

Having not decided on my future career, (but with a rough idea, something that is challenging, and of course high paying and revolves around IB/PB/Sales and Trading), was i get some advice from the more experienced seniors here.

Thanks !
I would choose treasury internship.
Ops jobs are usually quite boring even in top tier bank - a stint in ops dont usually open doors. Imagine when your frens ask you what you do in internship, would u like to say you clear cheques, confirm and settle bond purchases for rich towkay, or would you like to say you structure a interest rate liability hedging swaps for a mnc looking into expanding to sg?

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Old 25-02-2012, 03:53 AM
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Quote:
Originally Posted by jfjl View Post
Hi,

Facing a dilemma between Credit Suisse Private Banking (Operations) vs Ocbc Global Treasury Internship.

Having not decided on my future career, (but with a rough idea, something that is challenging, and of course high paying and revolves around IB/PB/Sales and Trading), was i get some advice from the more experienced seniors here.

Thanks !
This one is a no-brainer..take the OCBC Global Treasury internship...EVEN IF the CS one pays u more for the internship. Don't forget or u'll regret..



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Old 27-02-2012, 06:01 PM
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Definitely Treasury for me.

Anyway Foreign banks are not what they used to be...ever since the credit crisis...and ops... i dont think its anything exciting for an internship
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Old 27-02-2012, 06:54 PM
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Take this advice from a local graduate who made it to front office (and stayed there ever since)

If you want to increase your chances of landing a front office IB role, keep operations out of your resume. It subtracts much more than it adds.

Take the local bank treasury program. You shouldnt even need to ask such obvious questions unless you are faking about those internships
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Old 01-03-2012, 05:38 AM
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Troll post. Its like asking whether its better to get a free bmw with only 3 wheels (CS) vs or a free toyota with 4 wheels (OCBC).
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Old 01-03-2012, 09:41 AM
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Just get one more wheel, it should not be too ex :-I
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Old 02-03-2012, 02:10 PM
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Just get one more wheel, it should not be too ex :-I
unfortunately I still see many 3-wheeled BMWs at credit suisse.
someone needs to show these credit suisse ops people the way to the car parts dealer.
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Old 02-03-2012, 03:36 PM
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unfortunately I still see many 3-wheeled BMWs at credit suisse.
someone needs to show these credit suisse ops people the way to the car parts dealer.
What's wrong with ops? If one can't make it to become a minister, it makes good sense to try to become an MP.

There are only so many high paying jobs out there. Some people hunt for a lifetime to get that ferrari job when a toyota one can be easily had. Once you're past your used-by date, you'll be like an old hag, left on the shelf.
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