About to assume a huge risk in transferring...
So I want to break into banking/ST and I need some serious advice on schools and what I'm about to do in transferring.
Background:
I've got experience at 3 BBs (including the one I'm interning for this summer), all in the Asian offices in Middle Office positions. I also have another internship experience at a well known NGO.
I've just completed my second year of university in Asia at a university that is not heavily recruited by the BBs. In fact, looking at the summer class, banks here love to recruit from the US/UK for the front line and rarely if ever do you see them dishing out FO position to local grads although it does happen in rare cases.
I've got an offer to transfer to the Indiana University Bloomington, and I'm currently trying to decide if I should. The school itself isn't known to be a target, and seeing how the job market is absolute crap in the US, I'm not sure if its a risk worth taking.
Ultimately, I want to work on the Street and nothing will deter me from that goal. I'm beginning to feel that it is extremely difficult to break into the front in Asia without any additional language under my belt, although it is possible, albeit the chances for me are extremely slim. If it counts for anything, I'm Asian as well so I don't know how that would play in the US. Bottom line: I want to break into FO, and if I could choose, I'd like to be in London or NYC.
I also have personal reasons for transferring, ie. not finding people I can genuinely relate to in terms of drive, background, and outlook on life in university as well as the people I meet outside. I was raised in various parts of the world, including the states, and consider it the place where I feel at home most.
If I do transfer to IU, I will be an international student. I've heard that getting work visas in the US is a shot in the dark and literally a lottery process. However, I'm willing to take this gamble and I'm hungry to make it on Wall Street. So the question boils down to whether or not its worth transferring over to a school which some consider a semi-target for the sake of getting into London or NY. From what I've observed, its just extremely difficult to break in at least with the credentials I have now for the Asian offices (not to say that it would be easier elsewhere).
Please lend me some advice.
Would appreciate the input from those of you out there who know of internationals breaking in from such schools, or would be knowledgeable in this area.
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