12-07-2003, 12:42 AM
The main problem which a small-firm trainee faces afterwards is in getting jobs in large-sized local companies, multinationals and financial institutions. The common perception in these companies is (and in a way rightly so) that the trainees coming from a smaller firm do not have the required level of exposure to work in a large-sized company, a multinational or a financial institution.
It has been seen that trainees coming from top firms get higher starting salary packages than ppl qualified from smaller firms. Inspite of saying all this, i have seen one or two exceptional cases though. The prime example being the company secretary of Unilever Pakistan who qualified from a small firm, but then after qualification he also did LLB and specialised in copyright laws, and if i am not mistaken also did MBA. So in a way, he eliminated the negative aspects which he carried from his small-firm articleship.
Dont want to discourage anybody, but i would agree with evolution that Karachi is the best place to get proper exposure. The thing is that most banks, multinationals and large-sized pakistani companies have got their headoffices in karachi. As a result, top firms like AFF, FRSH and KPMG just have comparatively marginal presence in cities like lahore and islamabad, and which are just mainly there to provide support in the form of branch audits on behalf of the main offices, whereas the bulk of the audits are conducted at the headoffices themsleves. The exception in this case is MYASCO which has a significant presence in Faisalabad(?) as it has a huge number of textile mills in its portfolio.
Nadia, in karachi the top firms are FRSH, AFF, KPMG, MYASCO and KMRSRIR. Cant say much about the situation in other cities. Maybe SMR and Bowman who i believe are from lahore would be able to tell about their city.
There's nothing wrong with joining a firm before completing your foundation, but just remember that you wont get registered from ICAP until and unless you have completed your foundation. And since you wont be registered, therefore the firms won't be bound to give you many exam leaves as promised to a registered trainee in ICAP's articleship contract.
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Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
It has been seen that trainees coming from top firms get higher starting salary packages than ppl qualified from smaller firms. Inspite of saying all this, i have seen one or two exceptional cases though. The prime example being the company secretary of Unilever Pakistan who qualified from a small firm, but then after qualification he also did LLB and specialised in copyright laws, and if i am not mistaken also did MBA. So in a way, he eliminated the negative aspects which he carried from his small-firm articleship.
Dont want to discourage anybody, but i would agree with evolution that Karachi is the best place to get proper exposure. The thing is that most banks, multinationals and large-sized pakistani companies have got their headoffices in karachi. As a result, top firms like AFF, FRSH and KPMG just have comparatively marginal presence in cities like lahore and islamabad, and which are just mainly there to provide support in the form of branch audits on behalf of the main offices, whereas the bulk of the audits are conducted at the headoffices themsleves. The exception in this case is MYASCO which has a significant presence in Faisalabad(?) as it has a huge number of textile mills in its portfolio.
Nadia, in karachi the top firms are FRSH, AFF, KPMG, MYASCO and KMRSRIR. Cant say much about the situation in other cities. Maybe SMR and Bowman who i believe are from lahore would be able to tell about their city.
There's nothing wrong with joining a firm before completing your foundation, but just remember that you wont get registered from ICAP until and unless you have completed your foundation. And since you wont be registered, therefore the firms won't be bound to give you many exam leaves as promised to a registered trainee in ICAP's articleship contract.
________________________
Arrrgh... it sure's gonna be mighty rough sailin' today ... mates!
