PE shops in Beijing
Planning to visit Beijing for a month and get a PE internship during that time. Due to the time constraint and lack of connections over there, how do you suggest me to find a stint? Please share your thoughts
Planning to visit Beijing for a month and get a PE internship during that time. Due to the time constraint and lack of connections over there, how do you suggest me to find a stint? Please share your thoughts
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Are you white? If not, don't even think about it.
http://www.cnn.com/2010/BUSINESS/06/29/china.rent.white.people/index.ht…
[quote=accountspayable]Are you white? If not, don't even think about it.
http://www.cnn.com/2010/BUSINESS/06/29/china.rent.white.people/index.ht…]
Besides the article, any reason you said so?
[quote=accountspayable]Are you white? If not, don't even think about it.
http://www.cnn.com/2010/BUSINESS/06/29/china.rent.white.people/index.ht…]
see if this link works:
http://online.wsj.com/article/SB100014240527487034260045753399902610617…
unless you have serious connections (and if you need to ask what serious means, you dont have it), it's not gonna happen,
There are virtually no white people working at the junior level in any financial services firm in Beijing. Legend has it there was a white guy in equity research at the firm I summer'd at but you can be sure that 99.99% of the other employees are Chinese.
I think you have to ask yourself what do you bring to the table and why would a PE firm bother with bringing you on for a month?
Some random thoughts: Do you have any PE/banking/M&A/industry experience either in China or elsewhere? Do you have relatives, even if distant, working in the PRC Government? Are you fluent in Mandarin (including reading and writing)? If so, any experience translating financial or technical documents into English?
lulzbanker is right, there are few junior level white folks at any financial services firm. I personally have never seen even one.
Send you a pm. it would be great if you don't mind spending a few minutes sharing your thoughts. thanks
What are you looking to get out of the internship? What do you want to learn?
My thought is: "an internship of less than one month"? Yeah...that only happens in banks when you are freshman, for the 1 week spring thingy, and its not even in internship.
In PE, Beijing? Unlikely, and that's an euphemism. But hey, if you manage to make, props to you.
Do you have an off the chart resume? Amazing family connections?
If not, give up.
There is no way in hell you will find a 1 month internship in PE in Beijing.
Also, they can get a kid from Peking U or Tsinghua who is probably equally qualfied as you but willing to work for less
I would really appreciate if you offer some constructive ideas of how to go about it, instead of saying "give up". I am not too sure how you define "off the chart" resume. but just briefly introduce my background: rising junior, target school - might not be very famous in China tho, BB summer internship sopho summer, fluent in mandarin, working unpaid is not a problem.
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