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  #1  
Old Thursday, April 18, 2013
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Default Future of Bank MTO

I am a finance major and wish to start doing CFA as soon as possible after completing my MBA in Aug 2013(Weekends). I have been recently selected as an MTO in a bank. Currently they are paying 22.5 during training and 25-28 afterwards. The training is about to start in a week or so.
I am signing three year bond with the employer, I am concerned about two things.

1. What is the FUTURE of my career as an MTO say after 3,5 years in monetary terms/
2. How far is the BOND enforced in case of resignation, I have came to know that it's just a formality by banks, and they don't ask for payment in case of leaving them.

Regards
Thanks in advance
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  #2  
Old Friday, April 19, 2013
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Default

Quote:
Originally Posted by janabbasi View Post
I am a finance major and wish to start doing CFA as soon as possible after completing my MBA in Aug 2013(Weekends). I have been recently selected as an MTO in a bank. Currently they are paying 22.5 during training and 25-28 afterwards. The training is about to start in a week or so.
I am signing three year bond with the employer, I am concerned about two things.

1. What is the FUTURE of my career as an MTO say after 3,5 years in monetary terms/
2. How far is the BOND enforced in case of resignation, I have came to know that it's just a formality by banks, and they don't ask for payment in case of leaving them.

Regards
Thanks in advance
Dear You got selected without completing MBA. How it is possible????

Any ways...
In 2 to 3 year you can become a manager with a raised salary of 45k plus depending upon your performance.
The bond is not just a formality. It is enforced in some cases just like if you resign from abl mto to join NBP MTO or any other bank or job within three years of bond period then you have to pay it. One of my friend resignd from ABL MTO due to family problm and pay nothing and another one resignd ABL MTO to join NBP MTO he pay the calculated amount....
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  #3  
Old Monday, April 22, 2013
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Default

Quote:
Originally Posted by Adil1596 View Post
Dear You got selected without completing MBA. How it is possible????

Any ways...
In 2 to 3 year you can become a manager with a raised salary of 45k plus depending upon your performance.
The bond is not just a formality. It is enforced in some cases just like if you resign from abl mto to join NBP MTO or any other bank or job within three years of bond period then you have to pay it. One of my friend resignd from ABL MTO due to family problm and pay nothing and another one resignd ABL MTO to join NBP MTO he pay the calculated amount....
I am selected on the basis of my BBA(H).
Thanks for your response.
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