Finance & Banking Graduate Scheme Application Deadlines

If you are applying for Graduate Schemes or Internships in Banking, Finance or Investment Banking there are several things you will need to know.

Firstly, you will need to plan in advance in order to secure a graduate job in banking or any graduate career in finance.

If you are still a student looking for work experience and still in your first year, many of the major Investment Banks have Spring Internship programs such as Goldman Sachs.

Obviously check each institutions application deadlines, but most banking or finance spring internship application deadlines range from November to February each year.

As a second year student you can apply for banking or finance summer internship programs at most major investment Banks like Citi Group, Barclays Capital, RBS, UBS, JP Morgan, Morgan Stanley, Morgan Stanley, Deutsche Bank, Bank Of America Merrill Lynch, BNP Paribas, Credit Suisse, Goldman Sachs, HSBC, Nomura Holdings, Royal Bank of Canada amongst others.

As a final year student you will need to be ready to apply for Investment Banking Graduate Scheme deadlines starting in September onwards. This also applies to Accounting Graduate Schemes like PWC, Deloitte, Ernest & Young and KPMG to mention a few, as well as some Commercial Banks, Proprietary Trading Houses, Hedge Funds, Private Equity Institutions, Investment Institutions and other major financial institutions.

It is worth getting a list of Investment Banks and other financial institutions in order to make sure you know which of the Banks and Financial Institutions you want to apply to.

If you have missed any of the finance graduate scheme, banking graduate schemes, finance internship or banking internship application deadlines, then don’t worry.

There are still hundreds of other Banks and Financial Institutions that do not have graduate scheme application deadlines.

You can make your own internship by contacting banks and financial institutions and making your own work experience opportunity.

To be successful in these applications and to make your own banking job or finance work experience, you will need to know what you are talking about.

A great site to stay up to date with the latest Banking Graduate Schemes and Finance Graduate Schemes is the news and career research section of the website of banking and finance consultancy company Benedix.

If you are applying for last minute graduate schemes or work experience opportunities and you have missed the application deadlines you will need a perfect banking CV or finance CV and a lot of creativity to influence your way in and create your own opportunity.

China Economy Why China Likes Small Cap Stocks

China Economy: Why China Likes Small Cap Stocks

About: (Purchasing Manager’s Index (PMI), HSBC, China economy, China Stock Digest, China small cap stock, Smaller cap, China economy, Chinese economy, China stock market) Bookmark and Share

The newswires are buzzing about China’s growth curve once again. This time there’s intense debate about the meaning of the latest manufacturing data. Is it up? Or is it down?

The answer is a bit of both and figuring out why is important.

First the news. A government-backed Purchasing Manager’s Index (PMI) declined to 55.8 last month from 56.6 in December, a slight loss indeed. But that figure is at odds with HSBC’s China PMI survey, which actually showed a rise in January, to 57.4 from 56.1. What should we make of this difference?

First of all disregard news outlets that say the government PMI decline signals a drop in China’s growth trend. Any reading above 50 on the PMI indicates ongoing growth in the manufacturing sector. Period. The PMI has been signaling growth since last year.

The HSBC purchasing manager’s index is slightly different from the Chinese government reading in one important way. The government PMI looks at large and state-owned companies, while HSBC’s sample of more than 400 companies is weighted more toward smaller businesses and export-related companies.

That means the declining government PMI shows that large cap state firms are somewhat weaker than small cap companies. HSBC finds small caps are growing more quickly.

The HSBC rating also indicates strength in export-related industries. The giant Japanese brokerage backs this up in an analysis given to Bloomberg. Nomura forecasts the Chinese economy will gain momentum this quarter as exports surge 30 percent! Nomura predicts that China’s economy will grow at a blistering 12 percent this year. Pessimists see this as bad news.

Some news reports argue that strong growth will force the Chinese government to clamp down on lending to prevent asset bubbles from developing. That, they claim, would be bad for business and bad for the markets.

But we and many other China watchers see interest rate hikes as an inevitable trend in the coming year. The effects of this and other clampdowns on industrial growth are already assumed, and “baked-in” to stock prices.

What counts is the growth. Smaller cap companies and exporters are on a trajectory for double-digit growth in 2010. There will always be pessimists and critics of the China growth story. But what counts is not temporary lending halts or fractional increases in interest rates. It is the big picture.

The big picture still indicates that China will continue to grow faster than any other major economy.