HSBC - graduate training programme

The bank has also supplied the following information:

Which divisions of the bank hire graduates?

Global Investment Banking, Global Markets, Amanah Finance, Private Banking, Asset Management, Finance and Operations.

How is the total intake of trainees typically split between each area (eg. 50% corporate finance, 20% sales and trading etc.)?

Trainees join a broad programme which works across all business areas. There is a rotational programme during training, then graduates are assigned to a permanent area after 2 years.

Are there any divisions which are likely to hire graduates in 2005, but which didn't hire graduates in 2004 (e.g. HR)?

Yes - HR.

How much are graduates paid during training? Do you provide subsidized housing and other perks?

The package includes a competitive salary and accommodation support for those relocating.

How long does it take someone to complete your training programme?

The programme includes 10 weeks initial induction/training, followed by three six-month rotations.

Do you guarantee a job upon completion of the programme? Alternatively, are graduates hired on a renewable contract, e.g. for two years?

All graduates join on a permanent contract.

Where does training take place?

London.

What kind of specialist training is offered for each division, e.g. trading, corporate finance, and so on?

There is a possibility for further training depending on permanent placement.

How many hours a day does training last? Will trainees be expected to work or study after hours at home?

Depends on the business unit.

Can trainees move between departments?

Yes - the programme is rotational for the first 2 years.

What if a graduate trainee wants to do an MBA or MSc in a few years' time? Might the bank provide sponsorship?

Requests are reviewed on a case by case basis.

How should candidates apply?

Online only at www.hsbc.com/graduates.

When should graduates apply?

From September - December 2004.