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Hang Seng MT|The acceptance rate is less than 5%! HR director personally understands the "entry" threshold and it is advantageous to study this subject

2022-09-27T23:11:26.902Z


Many companies have Management Trainee﹙MT﹚ plans, hoping to select talents from them, and MT in the banking industry is even more popular. For example, the Hang Seng MT Training Programme attracts more than 1,500 applications each year, with an average of approximately


Many companies have Management Trainee﹙MT﹚ plans, hoping to select talents from them, and MT in the banking industry is even more popular.

For example, the Hang Seng MT training program attracts more than 1,500 applications each year, with an average of about 40 to 50 applicants, with a success rate of only 3%!

The latest Hang Seng MT training program is accepting applications. The bank's human resources director, He Lesi, was interviewed and talked about the "entry" threshold. Graduates with backgrounds in subjects such as data management and analysis are more optimistic.


Hollers said that under the new MT training program, each trainee will have 4 to 6 weeks to study in the relevant departments of digital technology to understand and meet the development trend and needs of financial technology in the banking industry.

(Photo by Su Weiran)

The new session will focus on strengthening digital technology training

Freshmen or university graduates within 3 years (ie 2021 to this year's graduation) are eligible to apply for Hang Seng MT.

The bank's human resources director, Hollys, said that the plan attracts more than 1,500 applications each year, compared with an average of about 40 to 50 applicants per year in previous years, this time the number will increase to 60 to meet the needs of business development.

It is worth noting that there is no age limit for the application of the MT program, but requires a bachelor's degree or above (requires second-level honors or above).

Holles said that there are no special restrictions on the subjects majoring in applicants, and applications from graduates with different subject backgrounds are accepted.

In recent years, there is a demand for talents in the development of financial technology in the banking industry. Therefore, graduates with relevant backgrounds in subjects such as data management and analysis are expected to apply.

Compared with previous years, the trainees have been studying in the same department for a long time. The new session will study in different departments and will focus on strengthening the training in digital technology.

She pointed out that under the new MT training program, each trainee will have 4 to 6 weeks to study in the relevant departments of digital technology to understand and meet the development trend and needs of financial technology in the banking industry.

At the same time, the trainees will visit local fintech companies to inspire the application and solutions of technology.

Hang Seng has implemented the MT training program since 1994, and has trained more than 600 talents in the 14 years since 2008.

90% of them belong to local students, and there are also a small number of mainland students and international students.

Holles said that in the past, after the completion of the program, the success rate of the assessment of the students reached 100%, and they were directly assigned to manager positions, and most of them stayed at Hang Seng.

MT is a very important part of the bank's talent pool.

Hollers (right) said that MT is a very important part of the bank's talent pool.

(Photo by Su Weiran)

Holloth: Talents come in and come out

Facing the problem of brain drain caused by the immigration wave and other issues in recent years, He Le admitted that this may be a situation that every Hong Kong company will face, but Hang Seng has always been "in and out" and believes that it has the ability to attract talents to stay.

MT training programs also offer market-competitive starting salaries.

She also pointed out that she believes that Hang Seng has the ability to attract talents, including a more innovative corporate culture and management thinking, and the work on employee welfare has always been sufficient.

At the same time, flexible working arrangements for one to two days a week have been implemented before the new crown epidemic. Employees can work from home as needed and can enjoy 2 hours of vacation every month.

Hang Seng recruits applicants every year by holding lectures at universities. Except for the former, this year, Metaverse Hang Seng MT Finoland will be the first time to let graduates understand and experience the MT training program.

Holles said he hopes to attract more applications through the new platform this year.

For the first time this year, Hang Seng will let graduates understand and experience the MT training program through the Metaverse Hang Seng MT Finoland.

Holles said he hopes to attract more applications through the new platform this year.

(Pictures provided by respondents)

Debut Metaverse Hang Seng MT Finoland

Developed in-house by Hang Seng, the platform provides information including ESG initiatives, digital banking services and development, as well as Hang Seng's original virtual KOL Hazel.

Graduates who enter the platform can choose a role of their own, set their own MT training plan, and participate in mini-games.

The training period of the new Hang Seng MT Programme is also 3 years, but the first two years of trainees will have the opportunity to practice in 10 different departments, including commercial banking, financial management and personal banking, global banking, technology and digital business services, cooperation Regulation Department and Hang Seng Index, etc.

In addition to the training in Hong Kong, there will also be cross-border training. Students will receive 4 to 6 weeks of training in Hang Seng China and the Greater Bay Area to learn about cross-border financial business, mainland regulatory and compliance codes, emerging industries and related opportunities Wait.

At present, China and Hong Kong have not yet cleared the customs. He Les hopes to clear the customs next year, so that the trainees will have the opportunity to go to the Greater Bay Area to receive relevant training.

At the same time, Hang Seng will provide a platform to learn about the best practices in the industry by sending MTs to attend conferences, networking with outstanding leaders, etc.

Source: hk1

All news articles on 2022-09-27

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