Hi all… I found this article on getting into Goldman Sachs. By the way, my professional specialization is management consulting for the financial services industry….so my life’s not only about slimming down and making money online…hahah and…I hope that makes me less bimbo-ish? haha Anyway, for those who are fascinated about Goldman Sachs as “The Firm” to get into…the article below may prove useful to you :) ==================================================== Want to land a job at ‘The Firm’? Here’s how, by those who’ve done it before. 1) Interview again and again (and again) Most front-office banking jobs involve a handful of interviews. Jobs at Goldman involve a dumper-truck full. We spoke to one former executive director at the bank, who joined as an associate back in the late 1990s. He had 47 interviews for the role. “Back in those days, there was a real feeling that hiring by consensus was the way to go,” he says. “Two people tried to veto me and I had to re-interview with them a...
SINGAPORE - Singapore share prices closed 2.4 percent lower on Friday, falling sharply in line with other regional bourses after one of Wall Street's worst sell-offs overnight, dealers said. The Straits Times Index was down 87.03 points at 3,492.70, its lowest finish since June 8. Overall volume was 4.11 billion shares worth S$4.11 billion, with losers leading gainers 933 to 139 and 491 stocks remaining unchanged. US shares plunged Thursday by more than 300 points, with investors gripped by anxiety over the housing market. Those losses, coupled with lacklustre local corporate results from DBS Group Holdings and Chartered Semiconductor, prompted investors to dump shares, dealers said. CIMB-GK Research said a technical analysis of global equity markets showed signs of an impending major correction. "Stock markets in Europe and the US have started to correct and weekly indicators have turned negative," CIMB-GK said in a research note. "Asia (excluding Japan) still look...
A fat salary isn't the only way someone can strike it rich. Regardless of one's income level, people who live below their means, invest wisely, and live modestly are on the path to real wealth. Here are five frugal habits that many of the upper class have adopted to build long-lasting wealth and financial independence: Drive a modest car. Your car should only serve the purpose of getting you safely and comfortably from point A to point B--nothing more. When you pull up to a stoplight in an expensive car, you might impress a stranger. However, don't let the price tag of your car define your character or image, because at the end of the day most people could care less what type of car you drive. Let Facebook founder Mark Zuckerberg, who drives a modest $30,000 Acura TSX entry-level sedan, be your role model on this one. Buy a modest house. Warren Buffett famously still lives in the Omaha, Neb., home he bought back in 1958 for $31,500. Take Buffett's cue and don...
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