Is it possible for me to have an internship in China? IBD,AM?

Hello everybody,
First I want to thank you for the time, I will try to cut it short. I am a foreign student who is doing a bachelor degree in Beijing/UIBE. I am in my third year, and I am fluent in Mandarin, passed HSK-5 2 years ago, taking all my courses in Mandarin.

I am highly interested in valuation, modeling and research, love doing research particularly in Healthcare & Tech. And want to be competent in the Chinese healthcare sector in the future. Love reading clinical research etc..

I am in my third year and applied a couple of firms but I am really not confident in finding a solution to my internship problem. By the way, I am not from the U.S so, China HongKong or Singapore is my best chance. And I don't have the political or relationship capital.

Thank you for your advice in advance.

 
Most Helpful

I lived in China and HK for about a year during college and looked into banking so I have a tiny bit of insight...

Not to be a downer, but if you're not from China or any of those places, you have a low likelihood of receiving a "good internship" at a reputable international firm or a domestic champion. All of these countries are pretty strict on citizenship being a requirement, and they probably wouldn't waste visas on a non-revenue generator. Either way, your best bet is on campus recruiting, because otherwise you have nothing going for you except multilingualism, which many Chinese and literally all HKers and Singaporeans have.

If it were me, I'd get off WSO to find/get on the phone with other foreigners who have made it in China/HK, especially those from your school. Because, I don't think blind resume dropping will work for you. You will most likely need someone to recommend you internally.

 

It's definitely possible to have an internship China (Beijing/Shanghai/HK). Problem is that internship programs are not well-structured so you need to network a lot to land one unless it's a formal summer internship.

I know some foreigners doing internships here especially when you speak Chinese well. It's not easy but definitely doable and UIBE has a great alumni base in banking. Since you are doing a bachelor I would assume you have the required visa.

Array
 

Thanks for the insight man, I guess this year will be my try-hard networking year. Since big guys don't even look at my CV, I may need to find a boutique or find other areas then banking. Wish me luck :)

If it is ok for you, where do your connections work, can you PM me time convenient for you maybe I can reach out to them and ask for advice.

 

Just find some jobs in HK or SG. They need bilingual ppl, and the recruiting process is more or less the same as US / UK. Plus, non-Asian typically rise faster since top managements are white, so its easier to “know” them better

 

Recusandae eos ea autem occaecati optio sed. Illum et adipisci nemo laborum. Minima dolores unde nesciunt ipsam consequatur. Commodi veritatis qui repudiandae ipsam ipsa eaque.

Accusamus cupiditate voluptatem non itaque aspernatur. Ipsa repellendus ullam nihil repellat porro. Eos corporis officiis deserunt libero aperiam eius perferendis. Pariatur et ipsum non optio cum voluptatem quia similique. Quae est recusandae aut et dolor.

Necessitatibus sit rerum ea odio accusamus. Rem minima rerum illo id vel. Quam iusto aspernatur eius vitae perspiciatis reprehenderit voluptatem.

Deleniti quos ea id blanditiis eum. Id excepturi earum voluptatem saepe vero. Accusamus blanditiis in earum hic. Perspiciatis harum commodi nisi architecto eum est et.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Goldman Sachs 18 98.3%
  • Harris Williams & Co. New 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (20) $385
  • Associates (90) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
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...”