MBA
Frequently asked questions
About SCB
Working at SCB
Roles / Job / Compensation
- What career opportunities is SCB offering?
- In which countries are you hiring?
- Do you process Visa applications?
- Are you hiring people with only financial services experience?
- What is the “ideal” profile for a SCB employee?
- What is the starting salary / bonus?
- How many years have you been hiring MBA’s?
- I graduated from MBA programme 3 years ago. Can I apply for the job openings?
- I have a Master degree in another discipline. Can I apply for the job openings?
- Do I need to specify to which location I would like to apply?
- Does it make a difference to which location I apply?
- Does my nationality impact where I will be located?
- What is the deadline for application?
- How many rounds of interviews will I be required to go through to get the offer of employment?
- Do you pay for interview expenses?
- Which other schools are you hiring from?
- How do I submit a resume?
- What needs to be included in my application?
- How do I submit my cover letter?
Development / career path
- At what level are the job openings?
- How much and what type of training will I get?
- When and how will I be evaluated once I am on the job?
Other
Who are we and what makes us unique?
Standard Chartered is leading the way in Asia, Africa and the Middle East. This unique global focus enables our people to make a difference in the world’s most exciting emerging markets.
Listed on both the London Stock Exchange and the Hong Kong Stock Exchange, Standard Chartered’s market capitalisation consistently places us among the top 25 in the FTSE 100. Our history goes back over 150 years and we operate in many of the world’s fastest-growing markets. Through a global network of over 1,700 branches (including subsidiaries, associates and joint ventures) we are part of the community in more than 70 countries across Asia Pacific, South Asia, the Middle East, Africa, Europe and the Americas.
For more information, please visit www.standardchartered.com
Can we expect international opportunities with SCB?
We aim to be the world’s best international bank by being The Right Partner for our customers and our employees. You will be expected to work with a team of colleagues from all over the world and to think without boundaries, working together across the global network to build the best products and services for our customers. You will have the opportunity to travel and work away from your home country.
What career opportunities is SCB offering?
Specialist management roles are available across our Wholesale Bank business (WB) and our Global Support Functions (GSF).
- Wholesale Banking
- Corporate Finance
- Financial Markets
- Origination and Client Coverage
- Principal Finance
- Transaction Banking
- Wholesale Bank Strategy
- WB Re-Engineering
- Global support functions
- Compliance & Assurance
- Finance
- Risk
- Strategy
For a complete list of MBA opportunities, please visit www.standardchartered.com/careers/mba
In which countries are you hiring?
We offer opportunities in countries in key locations in Africa, Asia, and Middle East
Do you process Visa applications?
SCB will process visa application for suitable candidates in location where work permits can be obtained.
Are you hiring people with only financial services experience?
The diversity of our people lies at the heart of Standard Chartered’s strengths. Across 70 countries, we employ almost 73,000 individuals from a diverse background. We recognise and cultivate talented individuals to work for us from all backgrounds and nationalities
What is the “ideal” profile for a SCB employee?
There isn’t an “ideal” profile. We recognise and cultivate the inherent talents of individuals who share our values, which are at the very core of our business and are shared across the group.
If you think without boundaries, possess total self belief and have the ambition to keep us one step ahead, you will discover that we offer stimulating, dynamic and varied careers within the bank.
What is the starting salary / bonus?
We benchmark our compensation package with leading consulting and financial services organisations.
How many years have you been hiring MBA's?
We have a large number of employees who are MBA graduates and have been actively recruiting on campus for a number of years. Our MBA candidates don’t enter into a development programme with the Bank. They take on a real role which has been well thought through to broaden horizons, develop talent, challenge thinking and give you them the opportunity to be the best they can.
I graduated from an MBA programme 3 years ago. Can I apply for the job openings?
We welcome your application. However, please note that many of our job openings have been designed to suit recent MBA graduates in terms of our developmental support framework.
I have a Master degree in another discipline. Can I apply for the job openings?
We welcome applications from all candidates with an MBA and a history of proven relevant experience. For certain finance or technical related roles, we would consider an MSc but this would need to be supported by very strong finance related work experience.
Do I need to specify to which location I would like to apply?
Yes, please specify your top 3 geographical and functional preferences in you cover letter.
Does it make a difference to which location I apply?
Ideally, you should apply to the location(s) in where you have the right to employment. When necessary, the Bank will apply for a work visa for a candidate but it should be noted that some countries may be stricter than others in granting work visa.
Does my nationality impact where I will be located?
Our selection criteria are role based and do not differ by country. Ideally, you should apply to the location(s) in where you have the right to employment. When necessary, the Bank will apply for a work visa for a candidate but it should be noted that some countries may be stricter than others in granting work visa.
What is the application deadline?
The deadline for applications may be different for each business school. Specific deadlines for schools:
- China Europe International Business School – 3 October
- Chicago GSB – 3 October
- Columbia Business School – 7 October
- Harvard Business School – 18 September
- INSEAD – 18 September
- Judge Business School - 12 November
- London Business School – 28 October
- New York University Stern – 30 September
- Saïd Business School – 17 November
- The Wharton School – 8 October
The deadline for other MBA schools is 31 December 2008.
How many rounds of interviews will I be required to go through to get the offer of employment?
The interview process consists of 2 stages.
1) 2 case study interviews with business managers
2) Telephonic or face-to-face final interview in one of our locations with hiring members on strengths and potential leadership
Do you pay for interview expenses?
We will pay for the cost of travel and accommodation if you are required to travel to an overseas location for interviews.
Which other schools are you hiring from?
We hire from global MBA schools and have scheduled to be on campus at a number of leading Business Schools including China Europe International Business School, Columbia Business School, University of Chicago Graduate School of Business, Harvard Business School, INSEAD, London Business School, Judge Business School, New York University's Leonard N. Stern School of Business, SAID Business School and Wharton School of the University of Pennsylvania.
How do I submit a resume?
Current MBA students, who are studying in CEIBS, Columbia, Chicago GSB, Harvard, Judge, INSEAD, LBS, NYU Stern, SAID and Wharton, please follow your school application process and apply through your school system.
All other MBA applicants, please go to www.standardchartered.com/careers/mba to view role details and apply.
What needs to be included in my application?
Please review the MBA opportunities on www.standardchartered.com/careers/mba and submit your CV with a cover letter stating your top 3 preferred role title and location in order of preference.
How do I submit my cover letter?
Along with your resume to mba.recruitment@standardchartered.com
At what level are the job openings?
Our openings are benchmarked at a middle management level from where you will build your leadership capability.
How much and what type of training will I get?
As an organization, we are committed to our people’s professional development. The same broad development framework for the first year is offered to all of our MBA’s, including a world-class induction and high exposure to senior management. We would provide you with an individual learning and development plan and provide you the network support to accelerate your career with the Bank.
When and how will I be evaluated once I am on the job?
We are a high performing organisation and we have a well developed performance review framework to ensure that we deliver exceptional performance to all our stakeholders. Regular reviews happen through conversations with your manager and a formal performance discussion takes place twice a year.
What percentage of management are women?
Diversity is at the heart of everything we do. Overall, our male to female employee ratio is roughly 50:50. More than 16% of our senior executives are women and our aim is to balance this figure over the next few years.