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Urgent: Internship at Fortis Bank in Brussels or CDC Ixis Asset Mgmt in Paris

Posted: April 27th, 2004, 4:49 pm
by benjaminnorbert
Hi, everyone!I am currently a student in a Masters' degree in Finance in the University of Paris-Dauphine.I have been offered 2 internship opportunities: one will be in the Global Markets Strategy Research team in the front-office in Fortis bank's headquarter in Brussels and the other will be in the Department of perfomance analysis in CDC Ixis Asset Mgmt in Paris.I would like to know your opinion about these two institutions and the pontential value of the 2 opportunities in my furthur job search.In fact, in Brussels, I will be modelling an sector equity index with the Error-Correction Model and will be exposed to very large number of macroeconomic data and of course get chance to observe the functionning of the front-office. But I will not be able to get exposure to other things than equity. In Paris, I will be a asset mgmt data analyst and be exposed to lots of financial instruments especially fixed income and derivatives. But the job seems to me too repetitive and support-oriented and not sufficiently quantitative.I will really appreciate your answer to this message. Thank you so much.

Urgent: Internship at Fortis Bank in Brussels or CDC Ixis Asset Mgmt in Paris

Posted: April 27th, 2004, 6:57 pm
by tourkine
I would not advise you CDC Ixis (espesially Risk Managament Departement). To my knowledge their team on equities is quite nice, FI might be good as well but as for general impression on the company management and culture I'd say that it is one of the worst places in Paris. On the other hand I do not know anything about Fortis teams and macroeconomic modelling seems to be a suspicious subject...

Urgent: Internship at Fortis Bank in Brussels or CDC Ixis Asset Mgmt in Paris

Posted: April 28th, 2004, 4:17 am
by worow
Generally, the closer to the front office the better. I don't know anything about the respective teams though.

Urgent: Internship at Fortis Bank in Brussels or CDC Ixis Asset Mgmt in Paris

Posted: April 28th, 2004, 10:37 am
by Fxislander
The Global market Strategy job will be far more interesting. QuoteOriginally posted by: benjaminnorbertHi, everyone!I am currently a student in a Masters' degree in Finance in the University of Paris-Dauphine.I have been offered 2 internship opportunities: one will be in the Global Markets Strategy Research team in the front-office in Fortis bank's headquarter in Brussels and the other will be in the Department of perfomance analysis in CDC Ixis Asset Mgmt in Paris.I would like to know your opinion about these two institutions and the pontential value of the 2 opportunities in my furthur job search.In fact, in Brussels, I will be modelling an sector equity index with the Error-Correction Model and will be exposed to very large number of macroeconomic data and of course get chance to observe the functionning of the front-office. But I will not be able to get exposure to other things than equity. In Paris, I will be a asset mgmt data analyst and be exposed to lots of financial instruments especially fixed income and derivatives. But the job seems to me too repetitive and support-oriented and not sufficiently quantitative.I will really appreciate your answer to this message. Thank you so much.

Urgent: Internship at Fortis Bank in Brussels or CDC Ixis Asset Mgmt in Paris

Posted: April 28th, 2004, 10:51 am
by balrog
Do not do performance analysis - it is not interesting and has no kudos as it is seen as purely middle-office reporting (internal and to clients) and therefore has no real bucks in it. Run! Run away from CDC Ixis...run to the arms of Mama Fortis!!