Finance SCOOP

Indiana University

September 16, 2003

Agenda

• The Business of Banking• Considering Careers in Financial

Services• About Bank One• Our Lines of Business • Our Development Programs• The Recruiting Process• Important Dates

The Business of Banking

• The industry has consolidated significantly over the last few years

• Changes in banking regulations have expanded the scope of products and services offered by financial companies

• Advancements in technology allow banks to meet customers’ needs more effectively

• Competition within the industry is intensifying

About Bank One

Headquartered in Chicago, Bank One Corporation is the sixth-

largest bank holding company in the U.S., with assets of nearly $300

billion.

Bank One Is…• A leader in retail and small business banking,

serving 7 million households and nearly 500,000 small businesses

• A premier provider of lending, treasury management, and capital markets products to large corporations and middle market businesses

• The third-largest credit card issuer in the U.S. and the largest issuer of Visa credit cards

• A leading investment management company, with $171 billion assets under our care

Our Lines of BusinessRetail

Checking & Savings AccountsConsumer LendingSmall Business BankingDebit/ATM CardsInvestment AccountsCredit CardsInsuranceAuto Loans & LeasesOnline BankingHome Loans

Credit Card

Credit CardsAffinity CardsRewards CardsSmart CardsStored-Value CardsBusiness Cards

Investment Management Group

Portfolio ManagementMutual FundsFinancial PlanningBrokeragePrivate Client ServicesCorporate and Personal TrustAlternative Asset ManagementInsuranceRetirement ServicesSecurities LendingCustody and Master Trust

Commercial

Global Cash ManagementCommercial LendingLoan SyndicationsCommercial CardsInvestment ManagementAsset-Backed FinanceInvestment Grade SecuritiesDerivativesForeign ExchangeGlobal Trade

Our Support Functions• Corporate Audit, Credit Review & Security is

responsible for internal audits and controls as well as security.

• Finance handles the financial management of the corporation and also includes functions such as mergers & acquisitions, investor relations, tax, and accounting.

• Risk Management implements processes and systems to improve risk measurement and reporting for credit, market and operational risk.

• Technology and Operations maintains existing and develops new technology to support the business lines in delivering quality products and services.

Our Development Programs• Card Services

– Card Services Associate Program• Commercial Bank

– Capital Markets Analyst Program• Retail Bank

– Chicago Sales Management Program– National Retail Management Program– Relationship Banker Program

• Support Functions– Finance, Accounting & Audit Program– National Enterprise Operations Management Training

Program– Technology Development Program– Bank One Scholar

Capital Markets Analyst Program• An intensive 2-year rotational training program for careers

in Capital Markets and Large Corporate banking• Program consists of 8 weeks of classroom training

followed by three 9-month rotations through various areas within Capital Markets

• Classroom training includes courses in:– Financial Statement Analysis– Corporate Finance– Business and Industry Risk– Cash Flow Forecasting– Structuring Transactions– Capital Markets Products – Other special topics

Capital Markets Analyst Program

Rotations may include:– Asset-Backed Securitization– Loan Syndications– Investment Grade Securities– High Yield Securities– Private Placements– Derivatives, Currency and Equity Products– Mergers & Acquisitions– Public Finance– Asset Based Lending– Securities Research– Sales and Trading, among others

Finance, Accounting & Audit Development Program

• 2 year rotational program; participants specialize in one of three tracks

• Finance Track– 2 core finance rotations– 1 elective finance rotation– 1 accounting rotation

• Accounting Track– 2 accounting rotations– 1 finance rotation– 1 elective rotation

• Audit Track– 2 or 3 audit rotations– 1 or 2 elective rotations

Finance, Accounting & Audit Development Program

Rotations may include:– Tax– Treasury– Planning, Reporting & Analysis– Corporate Accounting– Corporate Real Estate– Mergers & Acquisitions– Corporate Audit– Risk Management– Technology– Corporate Security

Things to Remember…• Bank One’s Development Programs

prepare you for long-term careers – not just short-term jobs

• Development Programs offer great training & quick advancement – look at where you’ll be after 5 years, not just 5 months

• Financial products are not luxury items – there will always be demand for bank products, which equals job security for bank employees

The Recruiting Process

• Bank One’s on-campus interviews will be October 17, 2003

• Come to your interview ready to discuss your experiences, skills & interests

• Second interviews will be held in our offices

• Offers should be extended in November & December

• Start dates are typically in January/July 2004

Thank you!

Any Questions?