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  1. #1
    ................ chipmunk's Avatar
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    Finance Internship in JM Morgan Stanley India

    Company: JM Morgan Stanley India Pvt Ltd. (http://www.jmmorganstanley.com/)

    A brief note about the company: JM Morgan Stanley is a pre-eminent financial services firm in India, which is a joint venture between JM Financial, with a strong domestic franchise, and Morgan Stanley having international experience and expertise. With our skills and expertise, we help our clients achieve their financial and investment aspirations..



    Location: Mumbai

    Nos. of positions: 1

    Brief Description of the Internship projects or assignments: Corporate Finance or Global Capital Markets or Mergers Acquisitions and Restructuring Division in Investment Banking



    Requirement: (Any Degree with Finance Major. Students who have completed year 2 and 3 can apply)

    Period of internship: 11 June to 17Aug (10 weeks)
    Deadline for application: 29 May 2007



    Stipend: The stipend would be Rs. 5,000 (about SGD 175) per month. (Rs 12,500 for the entire term)



    Accommodation: NO Accommodation will be provided.
    天将降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身,行拂乱其所为,所以动心忍性,增益其所不能

  2. #2
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    Lol
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  3. #3
    ................ chipmunk's Avatar
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    Quote Originally Posted by Gollum
    Lol
    y


    the compensation is too little huh ?
    天将降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身,行拂乱其所为,所以动心忍性,增益其所不能

  4. #4
    夢....
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    wow.. tts even lower thn my internship pay

  5. #5
    ................ chipmunk's Avatar
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    Quote Originally Posted by Mew
    wow.. tts even lower thn my internship pay
    think 5k rupees is a lot in the local context lah.
    天将降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身,行拂乱其所为,所以动心忍性,增益其所不能

  6. #6
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    The experience might be good but a similar internship in China if available will be better. US, Europe no need say lagi better.

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  7. #7
    zoom zoom... burnz's Avatar
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    here's a piece of advice from a fellow s'porean who's actually living and working here in mumbai.

    honestly 5k rupees is hardly enough for s'pore student interns, especially if accommodation is not provided. don't even get me started on the ridiculous real estate prices here. for the amount i pay for my apartment here, i can rent a bloody penthouse in orchard road/cairnhill area already. and mind you, my place is not even comparable to my condo in s'pore.

    it's true that for locals, 5k rupees goes a long way. provided you're prepared to eat street side food and lao sai everyday, take crowded local trains etc, otherwise you'll easily use up 5k in a week.

    i know some of the NUS/NTU students who are interning here, not easy for them. not to mention sometimes the local company here pays their salary late (or forget to pay). but most of them come with their eyes wide open, it's not abt the $$ but more so for the experience.
    Last edited by burnz; May 25th, 07 at 07:24 PM.
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  8. #8
    Siao unker. weib's Avatar
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    cost of living is extremely low at india.
    I remember i went there for overseas exercise.
    all i needed to survive a day was SGD$2
    and i had a nice lunch+dinner+surf internet. lol

    but end of the day its the lifestyle you choose and the challenge you wish to take up.
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  9. #9
    zoom zoom... burnz's Avatar
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    Quote Originally Posted by weib
    cost of living is extremely low at india.
    I remember i went there for overseas exercise.
    all i needed to survive a day was SGD$2
    and i had a nice lunch+dinner+surf internet. lol

    but end of the day its the lifestyle you choose and the challenge you wish to take up.
    i dunno which part of india u went to, but here in mumbai, it is not cheap at all. in fact, it's downright expensive. office space is now the 3rd most expensive in the world (after london and tokyo), even more than NY and S'pore. residential is ridiculous too, easily S$6k per mth for a HDB 5room quality type of apartment. restaurants are same price as s'pore, and there's hardly any decent foodcourt type of establishments. basically, expensive to live like a normal s'porean.

    that said, if can live like local and your stomach can tahan, then it can still be quite cheap
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  10. #10
    ................ chipmunk's Avatar
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    Quote Originally Posted by burnz
    i dunno which part of india u went to, but here in mumbai, it is not cheap at all. in fact, it's downright expensive. office space is now the 3rd most expensive in the world (after london and tokyo), even more than NY and S'pore. residential is ridiculous too, easily S$6k per mth for a HDB 5room quality type of apartment. restaurants are same price as s'pore, and there's hardly any decent foodcourt type of establishments. basically, expensive to live like a normal s'porean.

    that said, if can live like local and your stomach can tahan, then it can still be quite cheap
    Drink more coke. The best medicine for diarrhoea
    天将降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身,行拂乱其所为,所以动心忍性,增益其所不能

  11. #11
    the random user idontknow's Avatar
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    175?!


    lowest speed experienced for singnet 10mbps at night

  12. #12
    zoom zoom... burnz's Avatar
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    Quote Originally Posted by chipmunk
    Drink more coke. The best medicine for diarrhoea
    hahaha... issit?? i nv tried before... i survive on po chai pills here
    a few rules to maintain a healthy tummy here:
    - drink only bottled water (i know other s'poreans who are careful until they rinse their mouth with bottled water for brushing teeth)
    - never ask for ice when u order drinks (u dunno what kinda water they use to make the ice)
    - drink beer/alcohol with food (helps kill germs)
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  13. #13
    zoom zoom... burnz's Avatar
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    Quote Originally Posted by idontknow
    175?!
    do-able lah... for locals lah... to give u an idea, my office boy earns abt $120 per mth... my driver earns abt $350-400 per mth...
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  14. #14
    ................ chipmunk's Avatar
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    Quote Originally Posted by burnz
    hahaha... issit?? i nv tried before... i survive on po chai pills here
    a few rules to maintain a healthy tummy here:
    - drink only bottled water (i know other s'poreans who are careful until they rinse their mouth with bottled water for brushing teeth)
    - never ask for ice when u order drinks (u dunno what kinda water they use to make the ice)
    - drink beer/alcohol with food (helps kill germs)
    Yup it works but u need to shake off the gases first. Erm learnt that knowledge from my internship
    天将降大任于斯人也,必先苦其心志,劳其筋骨,饿其体肤,空乏其身,行拂乱其所为,所以动心忍性,增益其所不能

  15. #15
    zoom zoom... burnz's Avatar
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    Quote Originally Posted by chipmunk
    Yup it works but u need to shake off the gases first. Erm learnt that knowledge from my internship
    when were u here?
    i've been here for a year liao... can almost say now that my stomach is indian-ised already
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