Advice needed

Senior international student at a US target (not well known in Asia tho). Had IB/PE experience coming into junior SA recruiting. Unfortunately didn't land EB/BB/MM MF PE for junior summer and interned at a tiny tiny LMM PE shop in a niche geographical region. Performed well but they didn't promise a return offer since they aren't sure where the firm will be next year. I know it would be extremely difficult to recruit BB/EB FT and I am honestly looking for any opportunities in IB/PE. Long term goal would be reputable IB/PE/HF in Asia, ideally in Shanghai/HK/SG types of cities. I feel really lost now and don't know what to do. My parents always wanted me to apply to grad school since having a master degree is crucial for recruiting in China/HK, but I know I probably won't get into a top program since I've spent so much time on recruiting and not focusing too much on school.

Should I start prepping my grad school application now or network like crazy with IB/PE shops and try to find an opportunity?

 

I am assuming you need a visa to live and work in the US?

1) Recruit with any drive you have left, with any financial firm. Hope for the best.
2) If that doesn't work try a for a non-profit, secure a visa without cap, then re-recruit later on
3) Enroll in a masters degree in a good school, go through the entire cycle again and try landing a job and visa this time

4) can't say anything about recruitment in Asia, sorry.

 

Can't speak to China but I don't recall a masters being required for HK. Worked there at a BB back in my analyst days and I think my group head was the only one with an MBA.

I'd echo cyberpunk and say network like a mofo to land something relevant and lateral. It's much much easier to move back to Asia from somewhere like an NY or SF than the other way around.

 

I work in the China/HK market right now at a Chinese bank that's been pumping out a lot of deals for the last 2-3 years. Feel free to PM. 

Persistency is Key
 
Most Helpful

Earum eos aut iure iure. Delectus vero repellat exercitationem sed. Rerum occaecati repellendus illo qui dolor minus et. Itaque minima non et. Rerum et consequatur quae dolor.

Unde quo placeat molestiae sed pariatur labore. Occaecati inventore tenetur quibusdam ea quia beatae.

Career Advancement Opportunities

June 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 17 97.1%

Overall Employee Satisfaction

June 2024 Investment Banking

  • Harris Williams & Co. 19 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Moelis & Company 01 97.1%

Professional Growth Opportunities

June 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 05 97.1%

Total Avg Compensation

June 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (22) $375
  • Associates (93) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (69) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (149) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”