How relevant is IB experience in Asia when it comes to recruiting in the US

Hi all,

I currently have the option to go to China (Beijing or shanghai) for an IB gig. I would prefer to stay here for IB but I have not yet received any good offers. My end goal is to come back and continue my career here in the states. Based on your experience, when it comes to recruiting, do BBs weigh experience in China the same way as they do here in the states?

In addition, if I start IB in China, should I be aiming for BBs for better recognition in the states, or any top player experience there is good experience?

My thought process is that I want to get my foot into the industry as soon as possible. If I cannot do it here quick enough, and have the opportunity to do it in China, why not go to China to gain some insights. Deal exposures in China would make me a stronger candidate for future recruitment here in the states. Does this make sense in this industry or it is solely based on my own imagination?

Thank you all so much in advance!

 
Best Response

It's hard to give you a clear cut answer as everyone values developing market experience differently, but the reality is that people will be discounting your Chinese experience. If you work at a BB / international firm, then expect a slight to large discount. If you work at a Chinese firm, expect a huge discount to little or no recognition. Realistically, it will be very difficult to move back from China to the US unless you are at a bank where you can do an internal transfer or do an MBA.

 

Keep in mind it will vary greatly by firm. There's a number of companies out there which are trying to gain better access to Asian dealflow, so any of those companies will be extremely interested in you. Others maybe not so much.

 

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