Has the HK IBD recruiting process started?
Does anyone know? If not, when will it start?
Thanks so much!
Does anyone know? If not, when will it start?
Thanks so much!
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Career Resources
It has just begun (phone interview)
contact of mine in BB IBD told me to send in my resume around November, so i'm not sure what firm monkeyinasuit is referring to.
It started already for a few people
wait, are you talking about SA or FT?
FT,
I'm curious, do they expect you to know Mandarin...?
some groups do. The one i interviewed with want you to be fluent
it's better to have than not. i've been told that you are at a disadvantage if you don't speak cantonese and/or mandarin, regardless of what HR will tell you...
How about reading and writing? Most Chinese Americans at least know how to speak the language, but reading and writing is a completely different story. (In regards to HK banking, not mainland banking)
The deadline for some BB already pasted...does that mean interview is going to start soon? or as gekko2 says, they don't start until Nov?
Thanks.
Fulltime recruiting has started,
summer analyst recruiting interviews don't begin until December.
If you don't know Chinese (reading, writing, speaking), you are severely disadvantaged in terms of long-term career development. Even if you do manage to land a FT offer, it's very, very difficult to make associate and VP if you don't know Chinese.
Better choice is to start in NYC and then transfer to Hong Kong. These are the only people I saw who didn't know Chinese fluently.
If you don't know Chinese (reading, writing, speaking), you are severely disadvantaged in terms of long-term career development. Even if you do manage to land a FT offer, it's very, very difficult to make associate and VP if you don't know Chinese.
WRONG
is it good to know Chinese? absolutely do you have to? no
In the end you can add value in many ways so don't be discouraged. HOwever, i would ask you why Asia if you don't know a local language ... and if I had to pick someone with same quals + 1 language, i'd pick the language guy.
Also lots of kids I interview can speak fluent chinese but can't speak english correctly lol and lots of american chinese kids can "speak" casually but can't read/write (which is useless)
Finally, whoever said cantonese ... speaking cantonese is useless in IBD ... sorry but how many of your clients are going to be using cantonese? The local HK guys all speak english. Taiwan + most North asian clients need mandarin
As an analyst, your "language skills" will just be used to translate pitches, and updates anyway so if you're semi-competent in that you're fine
^ yeah. i know a VP in HK who doesn't speak a word of mandarin, cantonese, malay, bahasa, hindi, urdu or any other southeast asian or south asian language.
that said, he is by far, by FAR, the minority.
At my target the BB's are starting in a week to come in for their Asia offices. It's just Company Presentations, then drop dates at the end of the Oct, Start of Nov and then interviews in Nov
^ SA or FT?
For SA
what's the work culture like over at a BB in HK? similar to NY?
phone interviews have started for jpm but they are not hiring. confirmed... sorry guys... that's the only firm so far i believe
JPM Asia gave out 7 offers for their intern class, and an additional 9 offers for outside interns who interviewed with the firm over summer.
That's a pretty big class.
So JPM is not hiring. What about other firms? Does anyone have any info?
Also, are most deadlines the end of this month? I am actually heading to HK soon to see my family and hopefully do some networking.
Much appreciate your help!
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