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Group Members

A.A.M. Shahriar Hasan Khan (07304038)

Zobaida Mahbub Zefry (07304026)

Imtiaz Arefin (07304093)

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General objective

To have some knowledge about the

overall selection process of HSBC in

Bangladesh.

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Specific objective

Different tools and policies in selection

process.

Common errors and biases of the

selection process.

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HSBC Bank

Largest banking and financial services

organization in the world.

Thomas Southerland is the founder

Established in 1865

Headquartered in London

Over 9500 offices in 76 countries Provides a comprehensive range of

financial services

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HSBC in Bangladesh

Opened first Bangladesh branch in

December 1996

Network of 10 offices: 9 branches, 1 sub-

branch and an offshore banking unit

830 employees as of 31 December 2008

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Services and products

Personal financial services.

Commercial banking.

Corporate investment banking.

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Vision of HSBC

To be the worlds leading financial

services company.

Today they are a contender, not yet the

champion. They aim to change that

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Selection Process of HSBC (BD)

HSBC select employees in three levels.

These are:

a) First level/ fresh graduates

b) Mid level manager selection

c) FLDP (future leadership development

program) selection

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Selection Process: HSBC

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Hierarchy: HSBC

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Short-term or contractual employeeselection

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Common Biases and Errors in

selection process

Bounded Rationality

Ancho r ing bias

Conf i rmat ion Bias Avai labi l i ty B ias

Representative B ias

Con trast Effects

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The Reason fo r inaccurate

Judgment

Different interviewers see different things in the same

candidate and thus arrive at different conclusions aboutthe applicant.

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Findings & Recommendation

Intense selection process

Overall selection process is very effective

Maintain a standard level in retaining talent.

Recommendation Job advertisement should be advertised in the

newspaper

Eliminate the opportunity of losing the potential

candidate

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Recommendation

In reducing biases & errors Must focus on their goal

Should not create meaning out of random events

Increase options of judging

Should not judge on their perception.

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Conclusion

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Questions & Feedback

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