Help with Summer Analyst Offers
*Disclaimer: Asking this on behalf of a friend*
Hi WSO,
I'm currently sitting on two Summer Analyst offers and I was hoping to get some input from you guys.
Both of the offers' location are in Hong Kong- as it is where I'd like to work, so this is good news for me.
The first offer is with a non bulge bracket big bank (think Wells Fargo, BNP...), where I would be working in S&T- specifically in the fixed income division.
The second offer is an internship in the private investments arm of a major sovereign wealth fund.
The first offer is obviously going to be a very structured 10 week kind of thing, with other analysts and mentors and whatnot. I don't know what the retention rate is, but I do know that return offers are given out, and am confident I can get one. The sovereign wealth fund on the other hand only has like 15-20 people in the Hong Kong office, but seems to be a great shop. My responsibilities over the summer would be to look at the private equity funds side of the business, and report to the MD directly (at least this is what they told me).
The thing is I'm not 100% sure of where I want to work in the future, so I'm really hoping to get some general opinions on what I should do. I don't care much about pay, but more so about things like prestige, work-life balance, future opportunities, etc etc.
Any opinions?
thank you in advance to anyone who takes the time!
Big bank would be safer & you have a name on your res. Sovereign wealth fund would be very cool if that is the type of work you want to do longer term - ?? if they would give out a return offer though.
I think it really depends on the fund and your responsibilities there. Do you want to go into S&T?
If you're aiming for a BB IB, I think the S&T Summer to IB FT makes more sense, from a recruiter's standpoint. It's not that hard to spin the transition, and as long as the desk is respected, it probably won't be difficult to get lateral interviews after the summer. Do some research on LinkedIn and see where past interns at the fund have gone.
Disclaimer: have never worked in HK.
I would work for the sovereign wealth fund, hands down.
if u get exposure to JGBs or other emerging market currencies, i'd definitely do it
Edit: obv, JGBs are not emerging market currencies
hey torchic, what are JGBs?
i'm not 100% on what kind of fixed income it would be, but it's most likely corporates
japanese govt bonds - still pretty hot, dawg
is the swf cppib? if so, that would be good if you're in direct pe
any other opinions?
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