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chipmunk
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Finance Internship in JM Morgan Stanley India chipmunk May 25th, 07, 06:27 PM #1
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.


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Gollum May 25th, 07, 06:29 PM #2
Lol
"Now, now, my good man, this is no time for making enemies." -- Voltaire His last words on his death bed when asked by a priest to renounce Satan.
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chipmunk
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chipmunk May 25th, 07, 06:29 PM #3
Quote:
Originally Posted by Gollum
Lol
y


the compensation is too little huh ?
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Mew 夢....


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Mew May 25th, 07, 06:30 PM #4
wow.. tts even lower thn my internship pay
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chipmunk
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chipmunk May 25th, 07, 06:31 PM #5
Quote:
Originally Posted by Mew
wow.. tts even lower thn my internship pay
think 5k rupees is a lot in the local context lah.
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qwerty69 May 25th, 07, 06:58 PM #6
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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burnz May 25th, 07, 07:22 PM #7
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.
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Last edited by burnz; May 25th, 07 at 07:24 PM..
weib
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weib May 25th, 07, 07:57 PM #8
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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burnz May 25th, 07, 08:07 PM #9
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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chipmunk May 25th, 07, 08:09 PM #10
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
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idontknow May 25th, 07, 08:24 PM #11
175?!
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burnz
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burnz May 25th, 07, 08:37 PM #12
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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burnz May 25th, 07, 08:38 PM #13
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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chipmunk May 25th, 07, 08:44 PM #14
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
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burnz May 25th, 07, 08:48 PM #15
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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