questions from South Korea

I'm 20years old, 18 in U.S. age. I am hoping to get a job and success in U.S.. My plan is going a community college in California for a transfer to UCB or UCLA (econ or poliecon). But the concerns are that I am not good at speaking or writing(didn't knew about the formats), discriminations by races, getting a job as a foreigner(no permanent resdidency), drugs, and gun death stuffs. I'll be waiting for your wise opinions :)

 

Markets are efficient. Whatever plans you have, the whole of finance bros in Asia have as well. Think about it.

Is it worth it to put yourself in debt to chase a bleak dream that even Harvard kids have failed at, or is it wiser to stay where you are, and fight a battle you know, in your terrain?

These are important questions to ask yourself.

If you do decide to move, you might be better off adjusting your mindset - you're there to expand your horizons, not solely to land a Wall Street job. Be a process-based finance bro, don't be an outcome-based finance bro. The process-based finance bro knows that even tho he may not have broken into GS NY, he still gained a fuck ton of knowledge, wisdom and experience from trying and moving. The outcome-based finance bro is fixated on the end results only and is blinded by that, and doesn't appreciate the journey. 

 

Well in Korea if you graduate in top1 univ, you get payed not only 50k(non included 30%of taxes), but also hard to get job. That 50k job is like 5% in 20~early 30. Fine dust from China is getting worse and worse, and birthrate is under 0.8. I guess our country will collapse soon.

P.S. our family can afford me up to $ 0.4M, so money cant be my obstacles

 
Most Helpful

1) Get on language courses as quickly as you can, there are plenty of exchange visa for native English teachers and South Korea is one of the countries with excellent programs.
2) Start engaging with colleges and see whether your stats are good enough to get in.
3) Plan and execute your enrollment, move, logistics, ..
4) When you are in the US your English will improve, you are young and eager to learn. Get the right internships in any job you can get.
5) California is very diverse and discrimination should be much lower than in other states. There is never a guarantee, but I think you should be alright. There are a lot or Koreans in California, I have Korean friends myself (who are from Korea).
6) During/after the education you should be able to score something on OPT-F1, then ideally find a H1b sponsor. This isn't easy, but not impossible.
7) You need a green card sponsor afterwards, so you can establish permanent residency.

As an international in need of sponsorship, it makes little sense to attend an average or below average school in the US. You need to land a position which requires a certain mindset, a lot of discipline, and an organized approach. You don't want to spend all that time and money to attend a school that won't get you anywhere.

None of this is easy, but I believe you can make it with the right amount of funding, effort and a little bit of luck.

Gun deaths... no comment on that one. Yes, there will be an increase in crime compared to South Korea. But I don't think it's that bad if you stay clear of some neighborhoods or areas.

 

With AI, opportunity everywhere in white collar work (broadly speaking, there will be potentially some nice pockets) will decrease. I frankly don't think paying international tuition to go to a good US school will get you a good ROI long-term

 
Funniest
[email protected]

I'm 20years old, 18 in U.S. age. 

I love how Koreans count time in the womb as a part of their age. 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Temporibus minima repellendus alias ea aut ut. Aperiam tempore quibusdam fuga ut voluptas perferendis aliquid. Et harum itaque rem dicta deleniti dolorem et similique. Autem enim dolorem sint explicabo aliquid sunt accusantium. Quas accusamus ratione eum qui. Dolorem maiores iure explicabo fugiat omnis.

Dolorum quia adipisci reprehenderit iste quod rerum placeat. Tempore corporis iusto voluptatibus magnam. Aut autem occaecati dolores expedita officiis qui ea dolorem. Quia repellendus quasi sed possimus.

 

Est ea magnam iste et molestias voluptas nobis. Commodi soluta impedit repudiandae nesciunt consequatur.

Quis delectus sunt eaque cum sint. Aspernatur qui mollitia error voluptatem reprehenderit doloribus. Velit et nobis aspernatur omnis odit sint. Iusto ullam molestiae reprehenderit placeat ab ea possimus. Fugit est eum odit velit aut. Assumenda perspiciatis beatae sapiente nostrum.

Ea omnis facere et repellat eum quis. Tempora labore sint maiores necessitatibus occaecati quas. Molestiae quos consequuntur eum. Qui excepturi quis consequuntur nisi. Sint perferendis sed voluptatem atque sit repellat.

[Comment removed by mod team]

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 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 (88) $260
  • 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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
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
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
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...”