Pros
- Very realistic chance that you’ll end up with a more senior position than you apply for;
- Equipped to compete alongside candidates with more experience and secure offers for opportunities that would be unrealistic otherwise;
- Great brand value and network within capital markets & with investment management firms
- Amazing opportunity to get extensive technical exposure;
- Clear and well defined expectations across the board, including timelines, responsibilities, performance and compensation;
- Represents very small volume of candidates, so you are not treated like just another number;
- Great resources and hands on direction in refining soft-skills;
- Successfully secured an offer in Treasury Risk with a large bank.
Cons
- Hard to get in, several rounds of interviews and assessments;
- It was a pretty tough experience overall. They set the standards very high for the candidates and drop anyone even after accepting if they can’t keep up with the pace and complexity of the work. Only the candidate who has superior academic background & high GPA will be selected, degree in business or math along with pursuing the CFA/CPA/FRM designation.