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how did Stella get her job in the world of banking? |
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#1 |
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Forum Member
Join Date: Jun 2007
Posts: 1,760
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how did Stella get her job in the world of banking?
Just watched the final contestants show and it went on about how Stella left school with virtually no quals at 15 but then got a job in the world of corporate banking!
eh? come off it... anyone know what really happened? |
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#2 |
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Join Date: Dec 2005
Posts: 4,764
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She probably started working there at 15 as a filing clerk, worked and studied hard, and progressed up the ladder.
Good luck to her! |
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#3 |
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Join Date: Nov 2006
Posts: 12,694
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Quote:
She probably started working there at 15 as a filing clerk, worked and studied hard, and progressed up the ladder.
Good luck to her! |
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#4 |
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Join Date: Oct 2006
Posts: 803
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It surprised me that on the sausages task Stella needed a calculator to work out how much meat was required to make 500 sausages, or the cost, or whatever it was.
500 x 2 grams = 1 kilo. I've never seen Nigella or Gordon Ramsey using a calculator. I just concluded that Stella is not as competent at mental arithmetic as the average cook. I'd like to see a task where the candidates are bookies for a day. That would sort them out. |
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#5 |
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Join Date: Apr 2003
Location: Kent but ex Sarf London
Posts: 26,526
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Quote:
She probably started working there at 15 as a filing clerk, worked and studied hard, and progressed up the ladder.
Good luck to her! For all the bad publicity the city banks get, they are very good at training staff up to climb the ranks and promoting from within |
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#6 |
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Inactive Member
Join Date: Oct 2009
Posts: 3,089
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Quote:
It surprised me that on the sausages task Stella needed a calculator to work out how much meat was required to make 500 sausages, or the cost, or whatever it was.
500 x 2 grams = 1 kilo. I've never seen Nigella or Gordon Ramsey using a calculator. I just concluded that Stella is not as competent at mental arithmetic as the average cook. I'd like to see a task where the candidates are bookies for a day. That would sort them out. This is particular true where financial matters are concerned because banks want the correct answer and mental arithmetic is not that reliable (although 500 * 2 shouldn't be a problem). I think the reason why people who work in financial institutions use a calculator for seemingly simple sums is that they just get into the habit and preceding every calculation with the question: "could I do this in my head" would just slow things down. I know that I've found myself working out 2 + 2 on a calculator when it was in the middle of a lot of other more complex calculation - it certainly made me laugh when I realised what I'd just done. |
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#7 |
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Join Date: Jul 2009
Posts: 3,500
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There haven't been filing clerks in Investment banks for years but she probably started at a junior level and worked through the ranks.
For all the bad publicity the city banks get, they are very good at training staff up to climb the ranks and promoting from within |
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#8 |
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Join Date: Jan 2007
Posts: 2,537
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Quote:
It surprised me that on the sausages task Stella needed a calculator to work out how much meat was required to make 500 sausages, or the cost, or whatever it was.
500 x 2 grams = 1 kilo. I've never seen Nigella or Gordon Ramsey using a calculator. I just concluded that Stella is not as competent at mental arithmetic as the average cook. I'd like to see a task where the candidates are bookies for a day. That would sort them out. She works in banking so she probably counts in millions rather than hundreds of pounds. Likely to be standard practice to use a calculator when dealing with those sums of money. |
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#9 |
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Join Date: Jan 2007
Posts: 2,537
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Quote:
Just watched the final contestants show and it went on about how Stella left school with virtually no quals at 15 but then got a job in the world of corporate banking!
eh? come off it... anyone know what really happened? When I saw what a hard start in life Stella had and how far she has come through her drive, determination and ability she rose even further in my estimation. |
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#10 |
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Join Date: Jun 2004
Posts: 16,500
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Quote:
Ability at mental arithmetic is not a generally prized attribute nowadays.
This is particular true where financial matters are concerned because banks want the correct answer and mental arithmetic is not that reliable (although 500 * 2 shouldn't be a problem). I think the reason why people who work in financial institutions use a calculator for seemingly simple sums is that they just get into the habit and preceding every calculation with the question: "could I do this in my head" would just slow things down. I know that I've found myself working out 2 + 2 on a calculator when it was in the middle of a lot of other more complex calculation - it certainly made me laugh when I realised what I'd just done. |
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#11 |
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Join Date: Jun 2009
Posts: 2,057
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Can anyone explain how or why Stella left school at 15. I am 57 years old and the law changed whilst I was at high school - the law changing the leaving age from 15 to 16. Are we assuming that she left for family reasons or .... ??? Whatever happened she has done very well for herself and her family and I wish her all the best for the future (whether she wins or not).
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#12 |
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Join Date: Jul 2007
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I work in a pensions department and I'm the same. You just get into the habit of doing calculations on a calculator and end up doing it even with very easy sums.
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#13 |
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Join Date: Oct 2009
Posts: 3,089
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Quote:
Can anyone explain how or why Stella left school at 15. I am 57 years old and the law changed whilst I was at high school - the law changing the leaving age from 15 to 16.
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#14 |
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Join Date: Jun 2005
Location: Nottingham
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Probably because she was 15 when the school year ended but had a birthday before the next one started.
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#15 |
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Join Date: Dec 2009
Posts: 2,550
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I think it's been explained how Stella works in a bank but not how she is a "Investment Banker" ....
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#16 |
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Join Date: Oct 2009
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I think it's been explained how Stella works in a bank but not how she is a "Investment Banker" ....
It's rather like the all but meaningless 'businessman' or 'company director' titles so beloved of the newspapers. |
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#17 |
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Join Date: Dec 2009
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The BBC always give the candidates the most pompous job titles they think they can get away with.
It's rather like the all but meaningless 'businessman' or 'company director' titles so beloved of the newspapers. |
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#18 |
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Join Date: Apr 2003
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I think it's been explained how Stella works in a bank but not how she is a "Investment Banker" ....
I work in Investment Banking and have doen for many years and it is extremely common for someone to start at the absolute bottom as a junior and then rise through the ranks to senior management or trader by sheer hard work. I know plenty of people in my world on 6 figure salaries who left school with a handful of GCSEs, started as inputters or trainees and are now doing very, very well indeed. As I have already said and so have others, The City is a very good place for rewarding hard work and determination rather than looking just at paper qualifications. |
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#19 |
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Inactive Member
Join Date: Oct 2009
Posts: 3,089
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Quote:
It has been explained fully.
I work in Investment Banking and have doen for many years and it is extremely common for someone to start at the absolute bottom as a junior and then rise through the ranks to senior management or trader by sheer hard work. I know plenty of people in my world on 6 figure salaries who left school with a handful of GCSEs, started as inputters or trainees and are now doing very, very well indeed. As I have already said and so have others, The City is a very good place for rewarding hard work and determination rather than looking just at paper qualifications. I would imagine that of all the people who work for a bank - including those at very senior positions, only a very small percentage would really qualify for the title investment banker. Those who make the recommendations or take the decisions on the major financial transactions. There would even be people at board level - IT director, personnel director, etc, who would not really qualify as 'investment bankers'. But the BBC just pick the most important, hifalutin' sounding title they think they can get away with and go with that. Not in any way intending to belittle Stella's achievements - the same thing tends to happen to all the candidates. |
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#20 |
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Forum Member
Join Date: Nov 2010
Posts: 88
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She could have left school at 15 illegally. It seems she was between homes at that time, and some people fall outside the system. Local Education Authorities are about as useful as a chocolate teapot and by the time all of the facts are discovered she could have been 16 anyway.
LS seems to want to gamble this year, but "Steady Stella" would be a safe bet. She'd get the job done, whatever it was. |
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#21 |
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Join Date: Apr 2003
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I think what Jo08 is asking is the justification for the title 'investment banker'.
I would imagine that of all the people who work for a bank - including those at very senior positions, only a very small percentage would really qualify for the title investment banker. Those who make the recommendations or take the decisions on the major financial transactions. There would even be people at board level - IT director, personnel director, etc, who would not really qualify as 'investment bankers'. But the BBC just pick the most important, hifalutin' sounding title they think they can get away with and go with that. Not in any way intending to belittle Stella's achievements - the same thing tends to happen to all the candidates. I always say that I work in and investment bank or The City rather than just a bank for the same reason, just to differentiate from working in a retail bank. Though, tbh, no one but no one calls themself an 'investment banker' in real life unless they are a bit of a tw*t.
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#22 |
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Join Date: Jul 2009
Posts: 3,500
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Apropos of nothing much, I saw Stella at Liverpool St station two weeks ago, with two young women she appeared to be the boss of, as they were asking her which way they should go.
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#23 |
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Forum Member
Join Date: Oct 2008
Posts: 98
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Quote:
Just watched the final contestants show and it went on about how Stella left school with virtually no quals at 15 but then got a job in the world of corporate banking!
eh? come off it... anyone know what really happened?
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#24 |
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Join Date: Jul 2009
Posts: 3,500
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I bet she went to work with a pair of knee pads in her brief case to get that far up the ladder.
![]() Is that how you get your jobs? |
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#25 |
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Join Date: Dec 2010
Posts: 4,320
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I bet she went to work with a pair of knee pads in her brief case to get that far up the ladder.
![]() These 'ideas' never seem to get old do they. |
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