Rothschild M&A Advisory in Shanghai or Goldman Sachs Gao Hua Financing Group in Beijing

I am a student from China and now have two long term internship offers: Rothschild M&A advisory in Shanghai and Goldman Sachs Gao Hua (joint venture technically but practically Goldman Sachs China) financing group (DCM/ECM/Syndicated loans) in Beijing. Here are my thoughts of pros and cons of each offer:

RS: great division, small and wonderful team, better city (Shanghai v.s. Beijing battle…), less desirable name (do not enjoy a prominent name like its Europe operations) GS: great name, great culture, not interesting group (ECM/DCM M&A), not attractive city

Both have opportunities to be converted to full time job which is determined by my performance and bank headcounts.

I do appreciate any valuable inputs here. Many thanks!

6 Comments
 

I think that Rothschild has been going pretty strong in the asian region. I don't know about gs, as i had the feeling that they are just starting to get their operations running down there. I'd go with Rothschild

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

Thank you, Matrick. The thing is a lot of finance people do not know RS, but everyone knows GS. I am afraid that putting GS on your CV is better than putting RS when applying for FT jobs...

 

its not all about the name. plus it depends on where you want to go? if you plan on going to europe, rothschild is the better option. if you wanna go to the us, gs is better. if you wanna stay in china, transactions you worked on are more important and in general, Rothschild does the more interesting ones in china at the moment.

I'm talking about liquid. Rich enough to have your own jet. Rich enough not to waste time. Fifty, a hundred million dollars, buddy. A player. Or nothing. See my Blog & AMA
 

First of all, I disagree with you on the Beijing vs. Shanghai argument, but we'll leave that one aside from now.

I think you should go with RS M&A Group, especially if your goal is moving into PE over the long run, starting in M&A is the thing to do. And while some companies might not know RS on your resume, every single PE firm knows them and they have a real and expanding presence on the mainland.

 

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