So did u accept at UBS?? If not, why??
What interview process did they operate last year??
If it is not too rude, what was the pay they offered?
You work full-time for the first few years and go to uni part time. After a few years (usually at least 2) you go to full-time uni and work 1-2 days a week. You don't really get to specify your working hours, particularly considering they only take 4 people and hundreds of people apply. - Is that all they offer or can it vary??
Would you recommend a finance co-op over this?? Also does this not allow for a potential movement toward front pffice after graduation??
Sorry for all the questions.
Okay
1. I did not accept UBS. The offer is not as good as people make it out to be and it didn't exactly suit what I wanted.
2. Basically the process is Professional Cadetships Australia interview, they shortlist, UBS then usually cuts the shortlist, UBS does one round of interviews to their shortlist then cuts most, they then do another round of interviews after the first and then they offer.
3. I would prefer to not disclose the pay offered but it is lower than what big 4 accounting firms offer. This was all in a contract of UBS and I would prefer not to say.
4. You are bound by what they offer in the contract. Its pretty much all they offer. People would kill to work at UBS so you do it their way. You do get some time off for study.
5. It depends what you want to do. If you want to make a career out of operations in an investment bank then the UBS cadetship for you. If you are like most people who think that everyone who wants to can get into front-office positions on the trading floor then finance co-op is better. Bear in mind though that finance co-op is a lot more concentrated on marks than UBS is. UBS is looking for a person who can perform their job. Finance co-op has a heavy reliance on marks. One of my good mates is a co-op this year (however not in finance, he did get a finance interview though). Basically, the ATAR they wanted was 99+ and your MX1 and MX2 marks had to be in the vicinity of 95+ Finance co-op is extremely competitive. UBS does allow for a potential movement towards front-office, but finance co-ops and those with ridiculously high uni marks in finance probably have a better chance of getting a position.