April 29th, 2008, 9:26 pm
I have recently been to an assessment centre at a major bank for IBD. It was nice experience although I have been unsuccessful. I have some feedbacks from them:Strong analytical and quantitative skills, good judgement and decision makingLack of industry focus and business awareness.In addition, some comments from interviewers have been given:Comment 1: Very reserved approach. Very limited awareness of markets. Clearly highly intelligent and quantitative, but had difficulty communicating financial concepts. Needs somewhere very quantitative. Risk management?Comment 2: Clearly smart and logical. Difficulty in communicating - language issue. Needs help identifying other roles in finance, maybe good quant in trading or risk management or technology.Having done more research about the industry, I re-identified some interesting areas, but still with questions:1. Risk Management (Is there much space to grow--take more responsibility--in the future?)2. Trading (Does trading job require excellent English speaking skills, or effective communication will be enough provided with excellent analytical skills?)3. Quant, either front office or middle office (Does every quant position need math/physics, or Computer Science degree? I use engineering mathematics, VBA and Fortran (no C++) in my project, I do not know if this means nothing for the quant position.)I agree with the feedback from the bank. It has indicated what I consider as my weakness and strength. As you may know the industry much more than me, which position would you consider to be more suitable for me? Thank you very much.