bonus bonus bonus bonus..
I'm so sick of hearing about how the banking cycle is over and it's a bad time to join (i'll be a 1st year next summer).. so let's talk about the damn bonus, how bad is it gonna be for analysts this year and next year. I know it's going down from now (with some exceptions like GS) but by how much do you all think??
For a analyst in HK, what are the exit opportunities like? I accepted the HK BB job because the banks cut the recruiting number at my school by large. What are my options if i wanted to come back to the U.S. after 2-3 years?
Thanks a lot!
From what I've been told, when we start in a location like Tokyo/HK/SG/NY/London, we develop region centric skills and deal experience and therefore mobility isn't as easy as we imagine.
I'm not surprised considering each region handles a different flavour of M&A/ECM.
Can anyone confirm this? I would point out that at the Director level mobility is much easier.
Agree with Cindy_80. And also consider the fact that its easier to get into HK, etc because there is a demand for analysts there... moving back to NY would be quite tough for both the reasons.
thanks for the response. So i assume that business school could be a good stepping stone to transition back to the U.S.? Also, do bankers have any sort of edge when applying to top MBA programs?
It's ALWAYS easier to move from NY to other cities, than the other way round. Most people think it's due to the credibility of having worked on wall street + there's always a greater demand for associates in fast growing markets like HK.
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