• Congratulations to the Class of 2024 on your results!
    Let us know how you went here
    Got a question about your uni preferences? Ask us here

Macquarie Bank employees (2 Viewers)

T

tactic

Guest
I have a friend working at MBL, he works long long hours.. 8:30 to about 9-10 most days.. he also hates the place..
 

CrashOveride

Active Member
Joined
Feb 18, 2004
Messages
1,488
Location
Havana
Gender
Undisclosed
HSC
2006
tactic said:
I have a friend working at MBL, he works long long hours.. 8:30 to about 9-10 most days.. he also hates the place..
Which group is he in? What exactly does he hate?
 

pungpui

Member
Joined
Feb 8, 2004
Messages
163
Gender
Male
HSC
2004
LOL anyone working 8am till 10pm needs to get a life! I work about 8:30 to 5pm on full days, but right now since uni's resumed i work 2 full n 2 half days they're pretty flexible
 

ysux

New Member
Joined
Mar 7, 2006
Messages
4
Gender
Undisclosed
HSC
N/A
Hi Buddies, I am an MBA graduates with 8-10 years experience, now in the offering process with Macquarie Corporate Finance team (front-office). I have heard that there’s no signing bonus. Your insight on the remuneration is highly appreciated:

1. What’s the entry salary for MBA graduates? Or in what percentage of “bulge bracket” i-banks*’ offer does Mac offer? (*=Goldman Sachs, Morgan Stanley, Citigroup, JP Morgan, Lehman, CSFB, DB, etc.)
2. What’s % of bonus/commission?
a. Pay in one time at fiscal beginning or on deal basis?
b. If one leaves in one year, can s/he get pro-rated variable pay?
c. On team or individual goal, or combined?
3. Does Mac offer global pay in Australasia like top i-banks do?
4. Does Mac HR differentiate US, European, and Australian school? Their length, academic, and tuition vary a lot…
5. Does Mac differentiate pre-MBA experiences – in terms of nature, length and capacity?
6. What’s the workload at Mac CorpFin team? 50, 60, 70, or 80 hours per week?
7. What’s the career track and promotion cycle?
Mac’s is different from US i-banks – it has division directors, senior manager, etc. Usually an MBA graduate starts as Associate, become VP in 2-3 years, then Executive Director and finally Managing Director.
8. Any other special?

I look forward to your information. THANK YOU!
 

ysux

New Member
Joined
Mar 7, 2006
Messages
4
Gender
Undisclosed
HSC
N/A
One more Q:
#9: what is Mac's job level/grade/band system? What level should I expect?

ysux said:
Hi Buddies, I am an MBA graduates with 8-10 years experience, now in the offering process with Macquarie Corporate Finance team (front-office). I have heard that there’s no signing bonus. Your insight on the remuneration is highly appreciated:

1. What’s the entry salary for MBA graduates? Or in what percentage of “bulge bracket” i-banks*’ offer does Mac offer? (*=Goldman Sachs, Morgan Stanley, Citigroup, JP Morgan, Lehman, CSFB, DB, etc.)
2. What’s % of bonus/commission?
a. Pay in one time at fiscal beginning or on deal basis?
b. If one leaves in one year, can s/he get pro-rated variable pay?
c. On team or individual goal, or combined?
3. Does Mac offer global pay in Australasia like top i-banks do?
4. Does Mac HR differentiate US, European, and Australian school? Their length, academic, and tuition vary a lot…
5. Does Mac differentiate pre-MBA experiences – in terms of nature, length and capacity?
6. What’s the workload at Mac CorpFin team? 50, 60, 70, or 80 hours per week?
7. What’s the career track and promotion cycle?
Mac’s is different from US i-banks – it has division directors, senior manager, etc. Usually an MBA graduate starts as Associate, become VP in 2-3 years, then Executive Director and finally Managing Director.
8. Any other special?

I look forward to your information. THANK YOU!
 
T

tactic

Guest
He works in international equities or something like that...
 

ysux

New Member
Joined
Mar 7, 2006
Messages
4
Gender
Undisclosed
HSC
N/A
hi Tacky, thanks for your answers...however solid information is more helpful....
 

Users Who Are Viewing This Thread (Users: 0, Guests: 2)

Top