Remerciez-le!

Remerciez @Admin pour avoir partagé cet document gratuitement, de la manière la plus simple, en partageant sur les réseaux sociaux.

Published by CFA Institute. All rights reserved. Copyright 2013 CFA Institute.

Published by CFA Institute. All rights reserved. Copyright 2013 CFA Institute. Materials may not be reproduced or translated without written permission. CFA®, CFA® Program, Chartered Financial Analyst®, CIPM®, Claritas® Investment Certificate, and GIPS® are just a few of the trademarks owned by CFA Institute. See www.cfainstitute.org for a complete list. Disclaimer The articles and opinions expressed in the publication are not necessarily those of CFA Institute. Although every care has been taken in preparing and writing the guide, CFA Institute disclaims and accepts no liability for any errors, omissions, misuse or misunderstanding on the part of any person who uses or relies upon it. Writers: Heda Bayron Liana Cafolla Patrick Carpenter Serena Chen Reggie Rathour Editor: Mary-Kate Hines Designer: Iva Sladic Keco Assistant Designer: Ng Ho Chi Illustrator: Tree Tree Tes Photographers: AUSTRALIA Wayne Cheung (Sydney), David Phillips (Perth), Jeannine Tan (Melbourne); BANGLADESH AM Ahad; CHINA Gao Peigin, Hai Zhang; HONG KONG Prospero Laput, Monica Pedynkowski, Ian Wong; INDIA Santosh Samal; INDONESIA Christopher Berry; JAPAN Richard de Guzman; MALAYSIA Elazar Photography; NEW ZEALAND Bruce Gabites; PAKISTAN Insiya Syed; PHILIPPINES John Tronco; SINGAPORE Darren Francis; SRI LANKA Deshan Tennekoon; SOUTH KOREA Seong Joon Cho; TAIWAN Ashley Pon; THAILAND Nusrin Somchat; VIETNAM Patrick Carpenter (Hanoi), Vinh Dao (Ho Chi Minh City) Publisher: CFA Institute 23/F Man Yee Building 68 Des Voeux Road Central, Hong Kong Printed by Elite Printing Co. Ltd. Cover paper: Print speed 250gsm Body paper: Print speed 100gsm We designed this guide as a navigational tool for you as you find your way around the finance industry. Familiarize yourself with the Asia-Pacific financial services job market and then follow these steps: 1 Plan your next move using tools and strategies in the Career Advice section. 2 Study the successful career paths of CFA charterholders in the Careers section. What degree(s) do they have? How did they start in the industry? Did they pursue opportunities overseas? 3 Find out how you can attain globally recognized credentials in the CFA Institute Portfolio section. 4 Engage our community of CFA Member Societies and Partners. MAKE THE MOST OF THIS GUIDE INVESTMENT BANKING CONTENTS CAREERS 24 26 27 28 29 32 33 36 37 40 41 50 51 54 55 56 44 45 46 FUND MANAGEMENT RISK MANAGEMENT PRIVATE EQUITY WEALTH MANAGEMENT COMPLIANCE 30 34 38 42 48 52 ALTERNATIVE INVESTMENTS Kickstart Your Career While Still in University 8 Career Advancement Strategies 10 How to Use Social Media to Advance Your Career 12 Top 10 Interview Questions 16 How to Get Your CV On Top of the Pile 20 CAREER ADVICE Clifford in Singapore Hien in Vietnam James in Hong Kong Win in Thailand Kate in Australia Daniel in South Korea Sameer in India Garth in Singapore Sandip in India Siang Leng in Singapore Zabid in Bangladesh Sajid in Pakistan Robert in Australia Derrick in South Korea Bhadra in India Hieu in Vietnam Hannes in Hong Kong Linda in Taiwan 1 2 INTRODUCTION 1 Opportunities in a Fast-Changing Industry 2 60 61 62 63 64 68 69 70 71 74 75 78 79 82 83 86 87 90 91 CORPORATE FINANCE TREASURY PERFORMANCE MEASUREMENT DEVELOPMENT FINANCE RESEARCH AND ANALYSIS FINANCIAL ADVISORY STRUCTURED FINANCE CFA INSTITUTE PORTFOLIO Which Qualification Is Right for Me? 94 CFA Program 96 CFA Program Scholarships 100 Claritas Investment Certificate 102 CIPM Program 104 CFA MEMBER SOCIETIES AND PARTNERS CFA Member Societies and Representative Office in Asia-Pacific 108 CFA Institute University Program Partners 109 CFA Institute Recognized Universities 112 Amal in Sri Lanka Caroline in China Damian in Japan Pablo in New Zealand Samuel in Hong Kong Budi in Indonesia Jun in the Philippines Mohib in Malaysia Timo in Australia Dimas in Indonesia Simon in Hong Kong Alberto in Hong Kong Olaf in Singapore Lili in the Philippines Zubair in Bangladesh Andrew in Australia Jian in China Eunsoo in South Korea Zongyuan in China 58 66 72 76 80 84 88 3 4 CFA Charter Joined Pricewa terhouse in London Founded his own asset management company Appointed Asia-Pacific managing director of CFA Institute Worked in the back office of Ermitage Inter national Ltd., an alternative funds manage ment company Graduated from Univer sity of Oxford with a history degree Paul in Hong Kong Became HSBC’s global head of alternative funds adminis tration based in New York Moved to Hong Kong; joined Bank of Bermuda as Asia head of securi ties services Became managing director of Ermitage Became global head of securi ties services at Bank of Bermuda (acquired by HSBC) CFA INSTITUTE ASIA-PACIFIC CAREER GUIDE 2014 1 INTRODUCTION Breaking into the highly competitive finance and investment industry can be daunting. With so many options to choose from, where does one start? At CFA Institute, we often get asked this question by students and young pro fessionals in Asia Pacific. So we decided to publish the CFA Institute Asia-Pacific Career Guide to help you chart your own career paths in the finance and investment industry through the inspiring stories of highly successful professionals. In these pages, you will meet 37 Chartered Financial Analysts. Consider them as your virtual mentors—learn about their jobs, how they started in the industry, their work ethic, and career choices. To complement these personal stories, you will also find valuable career advice from recruitment specialists. The charterholders featured here come from across Asia Pacific, working in 14 fields in the industry. They come from different backgrounds: some have studied finance, some haven’t. Kate Misic, CFA, head of alternative investments at Telstra Super in Australia, studied cosmology. Samuel Lee, CFA, a petrochemicals analyst at J.P. Morgan in Hong Kong, is a chemical engineer and biotechnologist. Derrick Kyujeong Han, CFA, a venture capitalist at Tongyang Investment Corporation in Seoul, is a computer science graduate. Brilliance, hard work, commitment, initia tive, and the Chartered Financial Analyst designation, among others, allowed them to switch successfully into the finance and investment industry. Some of the charterholders we profile have come to the region from other conti nents to pursue their careers, a sign of Asia Pacific’s increasing importance in the international financial markets and the globalization of our industry. For exam ple, Timo Schmid of Wesfarmers came to Australia from Germany, while Alberto Jaramillo of Scotiabank, a native of Colombia, relocated from Mexico City to Hong Kong. Both leveraged the CFA charter as their global employment passport. The CFA charter has been around for over 50 years. It is the most respected invest ment designation in the world—the gold standard in the industry. In these challenging times, employers look for professionals who demonstrate not only first-rate skills and competence, but also integrity. CFA charterholders and candidates stand apart in their dedication to the highest ethical standards in the industry and commitment to apply those standards in their daily practice. It is no surprise, then, to see that so many of our charterholders have accomplished careers. We hope that you too will find success in your chosen career path. Good luck! by Paul Smith, CFA Managing Director, Asia Pacific CFA Institute, Hong Kong CFA INSTITUTE ASIA-PACIFIC CAREER GUIDE 2014 2 “You read the news, and it says banking is dying,” says Sharmini Thomas, regional direc tor of Michael Page, referring to news head lines of job cuts in the global banking indus try. “Not at all. Our financial services business in Asia Pacific is way ahead of last year when it comes to placements.” She says layoffs in Western investment banks have been offset partly by hiring by asset man agement firms as well as Asian banks — par ticularly Chinese and Japanese banks — which have been opportunistic in snapping up experienced people who were let go by their Western competitors. “The Chinese banks are starting to pay enough money that they are comparative with Western banks, and the growth opportunity is amazing because they’ve just started their expansion plans,” says Sharmini. John Mullally, associate director for finan cial services at Robert Walters in Hong Kong, says that while investment banks have been cutting costs in recent years, other parts of the financial industry are still seeking to grow. “There is plenty going on in the traditional banking area. Within the transaction, corpo rate, and retail banking, there is still plenty of employment opportunities,” he says. “There are lots of good growth stories there because these are banks operating in countries where there is still economic growth, and where there is economic growth, there will be bank ing and financing needs from the consumer up to the corporate market.” But competition for jobs is fiercer, especially in the region’s financial centers — Tokyo, Sin gapore, Hong Kong — where the job market is filled with highly qualified people. “There are a lot of people on the street, and that is push ing the competition,” says Philip Quinn, man aging consultant for banking and finance at Kelly Selection in Hong Kong. He says the ability to write, read, and speak Mandarin and being a CFA charterholder, for example, can give you an edge, uploads/Finance/ cfa-career-guide.pdf