Bored of Studies - Commerce/Business

Merrill Lynch Graduate Positions (2010 Sydney x 4)

velox — Mon, 16 Nov 2009 09:03:17 GMT

Bank of America is one of the world's largest financial institutions, serving individual consumers, small‐ and middle‐market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.

Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. The company serves clients in more than 150 countries. Bank of America Corporation* stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange.

In Australia the combined Bank of America and Merrill Lynch organization runs a comprehensive Graduate program across the following businesses:-

•Origination business (focused on Corporate Advisory / Mergers & Acquisitions)
•Corporate Banking
•Global Equities
•Finance

Hiring for our graduate recruitment program is done in March/ April in the preceding year. Due to recent increases in business flow for 2010 and onwards we are looking for 4 additional graduates to start in January/ February 2010.

To apply, please forward your resume to recruitment_australia@ml.com.

** Bank of America Corporation is not an Authorized Deposit-Taking Institution within the meaning of the Banking Act 1959 of Australia nor is it regulated by the Australian Prudential Regulation Authority.

Merrill Lynch is not a “bank” nor is it authorized by the Australian Prudential Regulation Authority.

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UBS Graduate Vacancy 2010 FICC

velox — Mon, 16 Nov 2009 09:02:23 GMT

Just saw this add this morning. Seems like a good trading opportunity!

UBS is looking to hire additional graduates for the 2010 Fixed Income Sales & Trading program in Sydney.

Applications will close on Friday 27 November at 5pm (AEDT). The selection process will take place in early December. Graduates for 2010 need only apply.

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Finance electives

lawstudent — Sat, 14 Nov 2009 11:52:17 GMT

Hi guys

I'm gonna be choosing my electives next year for my finance major (unsw). These are some possible electives for me:

FINS2643 Wealth Management
FINS3625 Applied Corporate Finance
FINS3631 Risk and Insurance
FINS3635 Options, Futures&Risk Mgmt
FINS3641 Security Analysis & Valuation
FINS3655 Behavioural Finance

Has anyone done any of these? if yes whats the workload/difficulty like?

Also, please rank the subjects on a scale of 1 - 10, with 1613 being a 5 in difficulty. Thank you for the responses in advance =)

I posted in the unsw room as well but i don't think theres many people in there lol might be able to get more feedback here.

Commerce (go8 vs the rest)

duckydavid — Thu, 12 Nov 2009 12:50:22 GMT

I have always wanted to know, are the BComs from lower tier Australian unis (ie non g8) comparable to the ones offered by their more reputable counterparts? It seems like most of us tend to rank them according to their UAI/ENTER.

The courses from the 'inferior' unis sound quite comprehensive and seem to use the same textbooks as the g of 8 unis. What makes a BCom better than another anyway?Do you guys think the course material is much easier? Surely the standard in a BCom that requirs only 70UAI is much lower than a BCom that commands 95?

Furthermore, what about the gap between say UNSW/UMelb and UAdelaide or UWA?

My point is...is there a real difference or just a perceived difference? Yes i know, you haven't studied at all of them...just asking for your thoughts, not for a scientifically researched answer.

Worth doing Honours in Accounting?

noneother — Tue, 10 Nov 2009 14:08:54 GMT

Right now I can choose either to pursue honours in accounting or graduate accounting career with the government and do my CA.

Is honours worth doing over CA?

Marketing/international business?

starpuffy — Tue, 10 Nov 2009 11:20:12 GMT

I want to do marketing/international business but I read somewhere that its all common sense apparently and its better to do one of them combined with a major that teaches you quantitative skills [like accounting or finance] or something...? Is it true? I'm more interested in marketing and international business though... are the job prospects that bad? Anyone doing these two majors?

Oh and the guide to marketing isn't up so yeahh..

Thanks!

p.s. what about combining business in economics with international business or marketing?

http://www.handbook.unsw.edu.au/unde...CONF13525.html

Accounting Cadetships 2010

dood09 — Tue, 10 Nov 2009 07:10:10 GMT

Welcome fellow students! The time is once again upon us to discuss this years cadetships that will be offered by the Big 4 accounting firms and many mid tier firms aswell. It provides an excellent opportunity for students to combine full time work and study which allows them to gain that extra step needed to succeed in this very competitive enviroment.

If you have any inquiries or questions please feel free to post them in this forum.

As a current cadet i am more then willing to provide any insight or relevent help for anyone interested in applying for a cadetship. I strongly recommend anyone interested in accounting/business to get involved. Please feel free to discuss what cadetships you may be interested in applying for and we can all help eachother to hopefully be successful.

Reach your goals sooner

You can also pm me and I'll get around to everyones questions with reasonable detail.
Good Luck

General Q's: Commerce/Science, Chemistry major

PhilosopherKing — Sun, 08 Nov 2009 01:22:46 GMT

Hi guys,

I was just hoping for some general discussion/info on my current preference of Commerce/Science next year. My favourite courses during this year have been Chemistry, Economics + Business Studies and I have done very well in all of them.

I am definitely planning on studying chemistry as my major, I was just unsure as to how useful a commerce degree will be in broadening my career prospects (not sure at all where I would like to work). My favourite chemistry topics were applied chemistry, so Industrial and Environmental Monitoring. I think working for a large industrial company would be great (at least for a few years).

I really enjoyed the economics course as well, particularly microeconomics. I'm interested in "firm level" operations and thinking, particularly in the chemical industry (costing, productivity etc) along with environmental economics, so ETS, cost-benefits of pollution. Note though, I really have no interest at all in economic history, macroeconomics, government policy etc. I study the level required to get me through the HSC, but I just have no real interest in fiscal/monetary policy etc in order to do it at a tertiary level (except maybe an intro course for commerce)

I'm quite strong at maths also (only 2U though) & enjoy learning mathematical models in economics (I realise I have only ever seen basic stuff so far). Should I do commerce and major in economics or would my lack of interest in other areas be a problem? Would a finance (the stock market, investing, budgeting also interests me) or even a managerial accounting focus be more appropriate? I was looking on the CIMA website, looks like an interesting qualification that chemist could dually hold?

-Perhaps a minor in economics (if doable) with a micro focus aiding finance/accounting would be more suitable?

Any help would be greatly appreciated.

* How hard is chemistry to get into in terms of employment etc? Is there much demand, even with honours?

Need some help from current accounting students (it's for an exam)

lala2 — Sat, 07 Nov 2009 15:55:25 GMT

Hey, I've got my exam for pharmacy management on Monday and there's a substantial accounting component. Just got a few questions to ask, any help would be great.

a) What's the relationship between balance, profit-loss and funds (cash-flow) statements?
b) What's drawings in relation to owner's equity?
c) Why are borrowing costs intangible assets? Shouldn't they be tangible? Actually, why aren't they a tangible liability?

Might have more questions, but that's all for now. Thanks!