Standard Chartered is continuing to create jobs, after adding 7,000 new recruits to its workforce so far this year, it has been reported. According to Bloomberg, the financial services provider is hoping to add 2,000 finance jobs in Singapore to its operations by 2012, while it also hopes to boost its staff numbers in India by 2,500.
Finance director Richard Meddings said the business has built up a “good momentum” in terms of recruitment and is continuing to hire. However, he added that this pace may slow down during the fourth quarter as this is a period when it is traditionally difficult to attract new employees, who may be waiting for a bonus to come through from their current employer. Mr Meddings claimed that the new bank tax introduced in the UK by chancellor George Osborne will not have a significant impact on the firm and was “broadly in line” with its expectations.”As an international bank in over 70 markets it’s really important there is real global co-ordination of banking taxes and banking regulation,” he explained.
The growth of the financial sector has spur the demand for high quality graduate education and specialised Master Degree. Aventis School of Management, Singapore collaborates with Baruch College, The City University of New York to offer a suite of Executive Masters and graduate diploma in finance which is aligned to the Chartered Financial Analyst (CFA) curriculum, cater to meet the growing demand for finance professionals in the sector.
Baruch College, The City University of New York Executive Master of Science in Finance program combines tradition and innovation and theory and practice to prepare thought leaders for careers in finance. Taught by a team of internationally renowned experts from New York, the heart of the global financial system, this program is widely regarded as the pre-eminent finance program in the world.The City University of New York MSc Finance program is the only
1) AACSB Accredited MSc program in Singapore – Hallmark of an internationally recognized Graduate Education
2) Listed by both Financial Times and Business Week 2009 Ranking
3) Recognised by both CFA institute for curriculum integration with the CFA program and American Academy of Financial Management (AAFM)
4) Ranked Top 100 Business School in the World for Economics & Business by Shanghai Jiao Tong University World Universities Ranking 2010
Singapore´s status as a global financial center has undergone dramatic changes over the past few years, with reputable international financial institutions, including Credit Sussie, UBS, HSBC, and ABN Amro, expanding their operations here