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Every year, top financial firms attract thousands of applicants for internship roles. In early 2022, Goldman Sachs reported 236,000 intern applications, a record for the company. With an acceptance rate of just 1.5%, the company accepted 2,900 globally in 2021. For those pursuing a career in finance, an internship at the top banking and investment firms is highly competitive given the opportunity to break into a high-paying field. While interns at top firms can earn over $80,000 on a prorated basis over a 10-week period, landing a job as a full-time junior banker can pay up to $150,000 in the first year. Key Takeaways The most prestigious finance internships attract thousands of applicants annually. Many have low acceptance rates, with some hovering close to 1%. Duties performed across finance internships include financial modeling, research, and company analysis. They may also include mentorship opportunities and networking events. While some finance internships … [Read more...] about Most Prestigious Finance Internships

Workplace stress is increasingly becoming a larger part of the conversation since the pandemic. And against the backdrop of hustle culture, reports indicate that the number of people seeking help with stress or anxiety has increased by 55% , according to a study by a mental health services provider in the United Kingdom. The British Health and Safety Executive indicates that in 2021 alone, 822,000 workers in the U.K. suffered from work-related stress, depression, or anxiety. advertisement advertisement I entered law—the second most stressed-out professional in Britain, according to insurance company, Protectivity—in 2009 as an ambitious high-achiever. As a career defined by its high standards and perfectionism, it is often home to high-achievers and the ambitious few who are willing to burn the candle at both ends and make the sacrifice required to progress. But the impact stress was having on my life nearly resulted in my leaving the profession … [Read more...] about How to deal with stress while working in a demanding industry

- A + A KUALA LUMPUR (June 29): The Kuala Lumpur Bar Committee (KL Bar), which represents about 10,000 lawyers in the capital, has also objected to Datuk Seri Najib Razak's bid to hire Jonathan Laidlaw, a lawyer from the United Kingdom, for his final appeal in the SRC International Sdn Bhd graft case. The KL Bar echoed the sentiment of the case's prosecution and the Malaysian bar that local lawyers, including Najib's own lead counsel Tan Sri Muhammad Shafee Abdullah, are more than qualified to handle the case. There is also nothing to suggest that the former prime minister has lost confidence in Shafee to lead the final appeal of the graft case, in which Najib was convicted by the High Court in July 2020 of misappropriating RM42 million worth of funds from SRC, formerly a subsidiary of 1Malaysia Development Bhd. "There is nothing to suggest that [Shafee] has lost confidence to argue the appeal; nor that [Najib] has lost confidence in [Shafee]'s competence to … [Read more...] about KL Bar also opposes Najib’s QC bid, says no indication Najib lost confidence in Shafee to argue SRC case

LONDON (Reuters) - Queen Elizabeth held a meeting with Scotland's Nicola Sturgeon on Wednesday, a day after the Scottish leader set out plans to push for a second independence referendum to break away from the United Kingdom. Buckingham Palace said the 96-year-old queen, who is spending the week in Scotland, had received Sturgeon as well as a Scottish Parliament official in Edinburgh's Holyrood Palace. On Tuesday, Sturgeon, who is Scotland's first minister, announced plans for a second independence referendum to be held on October 2023, and vowed to take legal action if the British government blocks it. Voters in Scotland, which has a population of around 5.5 million, rejected independence by 55% to 45% in a referendum in 2014. The Scottish National Party, which runs Scotland's semi-autonomous government, says Britain's decision in a referendum in 2016 to leave the European Union - a move opposed by a majority of Scots - means the issue must be put to a second vote. The … [Read more...] about Queen Elizabeth meets Sturgeon after new push for independence vote