I'm excited to impart the knowledge I gained from my internship. We conducted research on the Chinese Bank Crisis this week with the help of our external mentor, Balachandran Venkataraman, CFA ??Economic research analysts can learn a lot from the experiences of Chinese bank crises. The overshadow banking sector's role is one of the main causes for concern. Though their reliance on short-term funding to make long-term loans created a ticking time bomb, these unregulated institutions drove the rapid growth of credit. As the economy soured, these institutions encountered liquidity shortages, and defaults spread throughout the financial system, posing a risk to wider instability. ??The relationship between state-owned enterprises (SOEs) and Chinese banks is another important lesson. A risky feedback loop was created by banks' heavy investment in SOEs. Banks that held the debt of SOEs suffered when they faltered financially. Furthermore, because institutions expected bailouts in the event of trouble, implicit government guarantees for certain banks encouraged riskier lending practices. This additional "moral hazard" made vulnerabilities worse. The crises also revealed significant regulatory gaps. The financial system grew faster than regulations, which left many institutions unmonitored and open to reckless behaviour. It was challenging to determine the actual financial health of banks and other financial players due to lax accounting standards and a lack of transparency. These crises highlight how crucial careful liquidity management is. To weather tough Financial Times, banks must diversify their funding sources and keep sufficient reserves. Furthermore, a healthy real estate market is essential because Chinese bank crises have frequently been associated with booms and busts in this industry. Lastly, it is important to pay careful attention to how well the government intervenes during these crises. Even though taking action by the government can help stabilize the system temporarily, it's vital to think about any potential negative effects, like discouraging market discipline and postponing necessary reforms. #PIBM #InternshipbyPIBM #PIBMPune Paterson Securities Pvt. Ltd
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Hey Connects! **Excited to announce that I've completed the Bloomberg Market Concepts course! ** This intensive program equipped me with a strong foundation in: Financial Markets, Market Analysis & Bloomberg Terminal Proficiency I'm particularly grateful for the program's focus on: Real-world application:?Case studies helped me bridge the gap between theory and practice, solidifying my understanding. Practical skills:?I learned to build and analyze sample portfolios, considering risk management and diversification strategies using Bloomberg Terminal Foundation for further learning:?This course has opened doors for me to explore more advanced financial concepts and Bloomberg Terminal functionalities. This achievement marks a significant step forward in my career. I'm excited to leverage this newfound knowledge and Bloomberg expertise to gain an edge in my applications for finance-related roles and internships. I would like to thank the?International Management Institute, Kolkata?for providing the platform and opportunity to learn this tool. #BloombergMarketConcepts?#FinancialMarkets?#InvestmentBanking?#Finance?#CareerDevelopment
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?? Excited to share my recent visit to NSE International Exchange (NSE IX) with my colleague Naman Sethiya during my internship at GIFT City in IFSC Department, where I gained valuable insights into the future of global financial markets. As the world’s largest derivatives exchange by contracts traded, NSE IX is truly leading the way. I learned about their cutting-edge developments in Clearing and Settlement, Risk Management, including the implementation of T+1 settlement in India and their recent US SEC class relief, allowing US clients to trade Equity Index Option Contracts on the platform. One of the standout achievements was GIFT Nifty’s record-breaking turnover of $97.8 billion in June 2024, surpassing the previous high of $91.73 billion in May. This incredible milestone reflects the robust growth and potential of NSE IX. The Edge of NSE IX ? Settlement Guarantee: NSE IX Clearing Corporation ensures every trade is backed by a settlement guarantee. ? Ease of Access: Foreign investors and non-residents enjoy easy registration, with options like DMA, SMA, and co-location. ? Extended Trading Hours: With nearly 21 hours of trading, NSE IX aligns with both Indian and US time zones. ? No Currency Risk: Transactions are in US Dollars, minimizing currency risk. ? Lowest Trading Costs: Competitive pricing compared to other offshore financial centers, with no transaction tax. This experience has deepened my understanding of NSE IX’s pivotal role in the financial sector. I’m eager to see how they continue to innovate and expand in the global markets! #NSEIX #GIFTCity #Finance #Innovation #GlobalMarkets NSE India
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?? Excited to announce that I've completed the Bloomberg Market Concepts (BMC) course! ?? In this comprehensive program, I delved into the intricate world of finance, gaining a deep understanding of currencies, fixed income, equities, commodities, and the Bloomberg Terminal. ???? ?? What I've learned: ·???????The fundamentals of financial markets and how they operate. ·???????The role of central banks and their impact on currencies. ·???????The dynamics of fixed-income securities and their valuation. ·???????The ins and outs of equity markets, including trading strategies. ·???????The factors influencing commodity prices and trading strategies. ·???????How to leverage the Bloomberg Terminal for data analysis and market insights. ?? This certification has equipped me with the knowledge and tools to make informed decisions in the ever-evolving financial landscape. I'm excited to apply these skills in my career and contribute to the success of my organization. ?? Special thanks to Bloomberg and ISBR Business School for providing such a valuable learning experience. I highly recommend the BMC course to anyone looking to enhance their understanding of financial markets. #BloombergMarketConcepts #BMC #Finance #BloombergTerminal #Certification #Learning #ProfessionalDevelopment #CareerGrowth #financejobs #hiringalerts #internship #financeinternship #equities
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Hello Connections, I am thrilled to share my learning’s from my internship. This week we did a research on Chinese Bank Crisis under the guidance of our external mentor Balachandran Venkataraman, CFA . ??Chinese bank crises offer a wealth of cautionary tales for economic research analysts. A primary concern is the outsized role of the shadow banking sector. These unregulated institutions fueled rapid credit growth, but their reliance on short-term funding to make long-term loans created a ticking time bomb. When economic conditions soured, these institutions faced liquidity shortfalls, and defaults cascaded through the financial system, threatening broader instability. ??Another key lesson lies in the interconnectedness between Chinese banks and state-owned enterprises (SOEs). Banks heavily invested in SOEs, creating a dangerous feedback loop. When SOEs stumbled financially, banks holding their debt suffered as well. Additionally, implicit government guarantees for some banks encouraged riskier lending practices, as institutions expected bailouts in case of trouble. This "moral hazard" further exacerbated vulnerabilities. ??Furthermore, the crises exposed critical regulatory gaps. The rapid growth of the financial system outpaced regulatory development, leaving many institutions unsupervised and vulnerable to risky behavior. Weak accounting standards and a lack of transparency further clouded the picture, making it difficult to assess the true financial health of banks and other financial players. ??These crises underscore the importance of prudent liquidity management. Banks need to maintain adequate reserves and diversify their funding sources to weather periods of financial stress. Additionally, a well-functioning real estate market is crucial, as booms and busts in this sector have often been linked to Chinese bank crises. ???Finally, the effectiveness of government intervention during these crises merits close scrutiny. While government action can help stabilize the system in the short term, it's important to consider potential drawbacks, such as discouraging market discipline and delaying necessary reforms. #Pune Institute of Business Management #PatersonSecurities
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??????: ??????’???? ???? ?????????????????? ?????????????? ???????????? ?????? ?? ???????????? ???? ?????????????? ??????????????? Here’s what I’d recommend ?? ? University courses are often broad, especially at the bachelor’s level. Try diving into subjects like monetary policy, public finance, or economics of crises (yes, even next to your curriculum ??). These will give you a head start on real-world challenges central banks address every day. ? Seek internships as soon as you can! Hands-on experience is invaluable and helps you build key connections in the field. And here’s a little tip: some internships at the Bundesbank are available year-round.?Perfect for semester breaks! ?? ? Keep up with current issues. Make it a habit to read papers and blog posts to stay on top of today’s economic landscape. The IMF, ECB, and World Economic Forum are excellent sources to start with! ? Last but not least: Don’t forget to connect with people here on LinkedIn! ________________ Have questions about any of these steps? Reach out, I’m happy to help! ?? ?? Here's another special Halloween tip: Check out the Bundesbank’s Instagram channel tomorrow - who knows, we might be looking for you to join our team as an intern! ?? #centralbanking #career #university
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In the business world, financial integrity is the foundation for any business to pursue long-term success. As an accounting student, I was fortunate enough to have an internship at the Bank of China, an experience that not only gave me a deep understanding of the importance of financial integrity, but also allowed me to experience first-hand its application in the real world. During my internship, I observed that financial integrity is at the heart of banking operations in China. Banking depends on public trust, and the trust of customers and investors can only be maintained through transparent and honest financial reporting. Financial integrity is not only about complying with laws and regulations and avoiding potential legal risks, it is also the key to a bank's ability to maintain an edge in a competitive market. During my internship, I was involved in collating and analysing financial data, ensuring that every piece of data is accurate is an important part of our daily work. I learnt how to use financial software for data entry and how to conduct preliminary data audits to ensure the accuracy and completeness of reports. I have also witnessed several internal audits, and these experiences have helped me understand that even in a high-pressure and fast-paced environment, the importance of maintaining financial integrity cannot be overlooked.
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Trading sessions refer to specific periods during which financial markets are open for trading. These sessions vary across different global markets, typically aligned with the major financial centers: Tokyo, Sydney, London, and New York. Each session has unique characteristics influenced by regional economic data, corporate news, and trading volumes. The Tokyo session is known for lower volatility, primarily impacting Asian currencies. The London session is highly active due to its overlap with both Tokyo and New York sessions, making it a crucial time for currency trading. The New York session often features significant movements, particularly in U.S. stocks and commodities, influenced by major U.S. economic releases. Traders use these sessions to strategize their trades based on market activity, volatility, and liquidity. ?#financeinternship #currencytrading #commoditytrading #investment #experience #finance #internship #research #tradeshala
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I am in the process of applying for internships within Investment Banks, using the typical channels. I haven't seen a rejection come so fast as I did with JP Morgan Chase. ?? Bank of America had been slower to reject. Goldman Sachs is considering. BlackRock is considering. Then again, people do consider Bank of America a "backwater bank". Forget Wells Fargo...do they even know what a spread is? ?? My resume is not as glamorous as others - I don't have any exotic experiences brokering yachts. I have a lot of self-taught expertise and some years of self-employment having made use of such self-taught expertise, to a successful extent with a small budget. Auto-didactism, as I look to recent accounts, is not very valued. On the one hand, typical recruiters can't gauge proficiency since they lack expertise and intuition to discern so they look for "tangible" experiences and "action words". *Yawn* I've read accounts of self-taught people who also faced similar experiences until "someone took a chance on them" and then they became forces to be reckoned with and ended up subverting many firms insofar as trading was concerned. They first started as making coffee runs then running trading strategies. But I'm not interested in coffee runs. Isn't the point of a Master's degree (which I'm working toward) to circumvent the coffee running? My school is not Harvard, Yale, Cornell. It's curriculum is Harvard-esque, Yale-esque - modeled on the same. Our current professor was once the top achiever in all of India before going to MIT and then Wharton. He's a mathematical genius and I rarely use that word to descirbe anyone. Other professors teaching the program are also Ivy-League trained. These, I intend to bring up during interviews, should they take place. I ignore advice when it comes to my PDF resume. Recruiters don't know the science behind mine in particular, the color schemes, the reason for the mountains in the background, the point form nature of the descriptions. I know how people end up reacting with me, which is different than anyone else - I've rigorously tested numerous hypotheses, privately, and am firm on the cause. I tend to be the exception. People don't read what I have to write, fully - they don't complete the sentences. They have 1 leg in the pool, 1 out. So I have to be brief. I have to use solar-colors. I have to use mountains as a backdrop in my resume for the same reasons that the CIA uses it in advertising campaigns for up-and-coming presidential candidates. It's the Sun over Twin Peaks symbolism that is very, very old. There is no sun, but if you are clever, you just connected the dots on why I use the color (solar) yellow. It ends up having a calming effect with readers of my material. It has a design and a purpose - like I do. The least resistant will be effected by it, most. Thereafter I can show my scholsatic aptitude and knack for market insights. This is the level of "game" I bring to the table.
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Hlo connection ???? "Excited to have completed my finance internship at (BB ADVISORY) Bull and Bear advisory. This experience has been a stepping stone toward my career goals, and I can’t wait to see what the future holds. Thank you to everyone who supported me along the way! ?? What is BB advisory company? ??mainly focus on stock markets, FX advisory services, treasury elite, commodities market, and also in training & consulting mainly in the fields of BSE, NSE, MCX, NCDEX, COMEX, and CFD. ...USD ?? mostly higher on risk off flows #JPY ?? to 2 month highs #EUR ?? shrugs off weaker GE IFO #GBP ?? big drop in CBI Industrial Trends #CAD ?? extends post BoC slide #AUD, #NZD ?? PBoC Surprises with Biggest Rate Cuts Since 2020 #FinanceCareer #Internship #NextSteps" #FinanceInternship #ProfessionalGrowth"#stockmarket #USD
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The LSE program, particularly the course "LL206: International Financial Regulation in the Digital Era", provides a comprehensive exploration of regulatory frameworks in Digital Finance or FinTech on a global scale. ? However, it is noteworthy that the program may not extensively cover the nuances of Indian financial regulations. To tailor his educational journey to the intricacies of the Indian financial sector, your son could strategically enhance his LSE experience. This could involve incorporating supplementary courses or electives that specifically delve into Indian financial regulations, accounting methodologies, and prevailing market trends. Moreover, to fortify theoretical knowledge with practical insights, he might explore internship opportunities or engage in projects directly linked to the dynamics of the Indian financial landscape. ?? This proactive approach ensures a well-rounded understanding that is not only globally informed but also locally relevant. ------------------------ ? Need personalized guidance? ?? DM us to book a FREE consultation call for advice tailored to your child’s needs. #economics #indianfinance #finance #digitalfinance #fintech
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