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Markets closed over the weekend. The market is in pre-open from 7am until 10am. Market closes around 4pm. The futures exchange works around the clock with the foreign markets, as will Forex and commodity desks. You may have to go into the office, but you won't be trading on a Saturday or...

They'd be taking the numerical value of their grades, and working out their letter grade average from that. An HD could be anything above 80, a D anything above 70. Say, two 75s. Average of 75% = D average. Then he gets two 100's. Average is now 87.5%, an HD average. But if you only got...

Might be discriminatory by the letter of the law. But wake up, people. You wouldn't want a quadraplegic working construction, would you? Why would you want a dyslectic person in a highly analytical role? There are some things people can't do no matter how hard they try, and they should accept...

It'll make you look a bit smarter, that's about it. I have done a Commerce degree at UWA, and I would strongly advise you look at Corporate Finance and Investment Finance before any Management units. They will be more useful to you in the long run, even though they will be harder. In the end...

UWA. Come be a westie.

I didn't expect you to. The only reason I'm thinking they're about to release the BFS is because they've said previously it would be out in August, and tomorrow is the last day of August.

What's your tip for the BFS release date? The company said it would be in August...tomorrow is August 31. Hope its something big, not just a fizzer.

Couple of things to note: Good to see you're enthused about investment banking. Its a tough job, but a good one. Take what is said in Liar's Poker with a grain of salt. As Rorix points out, the book is written by somebody who was salesman in the Sales and Trading department. Either of the big...

I assume you're talking about what is going on in America at the moment. The Federal Reserve Bank (FRB) in the US is the equivalent of Australia's Reserve Bank (these institutions are sometimes called central banks). The "discount rate" is the interest rate charged by the FRB on its loans to...

And who the fuck might you be? Fucking hack.

The American banks pay a lot more, and they put you up in accomodation for the entire period.

Huge. Across a large number of divisions. I have a huge amount of sympathy for Macquarie HR at these times of year.

Or just ridiculously busy mate. All the people I know that have gone through have found out (yay or nay) within two weeks. Have you stopped and considered the size of the intake at Macquarie?

Not really. You'd know who their first choice would have been from that statement.

Buy Macquarie. Super duper over-reaction by the market.

Not interstate. The Big 4 have offices in each major city for this reason. There may be a bit of intrastate travel - out to rural areas. If you're in audit, you get to walk and catch cabs around the city a lot. Fun stuff. Most of the clients that the Big 4 serve are CBD or city based. You...

Well done for spoiling all the fun. Do you take no joy out of knowing that some kid (who would rather post here than check the ATO website) is freaking out because they think their tax needs to be done by Friday?

You have until 6pm on the 27th of July (EST), which is only a couple of days away. If you don't have it in by then, you incur a penalty of $300 (usually just taken off your tax return or deferred until next year). If you leave it another week, your return gets canceled completely, but you still...

In terms of pure market share percentage, UBS and Macquarie are the largest equity trading houses. Macquarie have a strong derivatives division, and UBS have a strong fixed-income division. UBS has the largest trading floor in the southern hemisphere (I think that is what they said). If you...

When I went through the interviews for vacation work last year, the structure was as follows: Group Exercise: Small group, 6 or so people. We were given a list of people in need of a kidney or liver transplant. There was only one liver, so we had to debate in a group as to who received the...