Summer 2009 Hong Kong Summer Analysts (specifically GS)

But I'll be in HK.

Another BB.

Gonna be out there this summer as well, we should organize people and out drankin'.

Anyone know numbers?

I know for a fact the following:

DB: 6 CS: 4

UBS I heard was 6 from HR, but that was 2 months ago.

HK SA position with GS. That would be a dream come true for me (I'm still in grade 10)! Could you tell me what were the major contributing factors to getting the internship (school, GPA, extra-curriculars, awards) if you don't mind... What were the interview(s) like?

10th grade?.........

Uh lol relax, have fun.

The most important component that you should concentrate on(and frankly the only one you have control over at this point) is to get into a target school.

I went to four superdays... I only consistently saw a handful of schools

hyp columbia chicago nyu stern wharton

I live in Canada and will most likely be attending university here (Richard Ivey School of Business or Queens or Schulich, yeah...you've probably never heard of them)...that's why I'm so intense about IB, being Canadian and attending even top Canadian universities is a major disadvantage in the uber-competitive world of finance. I have to be extra hardcore in order to succeed in the future. I doubt I'd be able to get into the Ivies, maybe Chicago or Stern if I go intense on studying for SATs and crank up the ECs to the max. American universities are so much more expensive, I could still probably afford it, but it'd be a hole in my wallet but the main concern would be getting in.

.

anyone gonna be in Hanoi?

lol, 10th graders thinking about their future jobs.

sounds like you must live an interesting life.

GSMonkey, which division are you working in? S&T?

good luck getting a ft offer. heard GS HK IBD gave out 1 offer last year.

good luck getting a ft offer. heard GS HK IBD gave out 1 offer last year.

Not to be overly blunt, but you heard wrong.

greenbeard, I'm going to be with IBD.

maybe i was confusing number of offers at GS S&T with their IBD, but regardless -- circulating resumes or not, i don't know if "plenty of opportunities" is the right choice of words.

I was told by HR that last year they had around 12-15, this year they had 6. So they cut the class SIGNIFICANTLY.

When is everyone getting there?

June 22nd. Where is the housing for all you guys?

GS is the Courtyard Marriott on the Island. MS is in Jordan, Kowloon.

Flying in June 7, work starts the 8th. Hope I'm not too jetlagged.

I assume that the start dates are similar for all the banks?

Here's the ones I know of for sure:

UBS, Credit Suisse, MS: June 22nd - August 28th

Deutsche Bank: June 15th - August 22nd

GS IBD hired 2 out of 11 last year, CS hired 7 out of 9 last year, I think UBS hire quite some ppl for ft out of their intern class...JPM 7 out of 14, MS has an intern class of 60 (incl. relationship hire), and offer around 20 for full time. Lehman (a.k.a. nomura now) took 11 out of 12..Citi i think half...i think DB last year hire a good percentage of their intern class into ft...so the chance is not too bad last year if u don't work at GS/MS...last year, most banks do not hire interns from other banks, i know that is at least true for GS,CS,JPM... u do get a lot of networking opportunities, but whether they are useful or not is the problem..

^^^ accurate. ubs hired 9 out of ~14 btw.

yeah i heard from my buddy that MS competition was brutal. he was a regular hire (went thru the interview process) and said that most of the 20 that got the FT offers were probably relationship hires. he said "probably" because MS does not tell you who is a relationship hire or not so you end up in losing competitions with relationship hires for FT jobs and obviously u'll lose out cuz their dad is golf buddy with the MD. at least at ubs they label relationship hires as "attachments" and they are never qualified for ft offers

Who else is at the Courtyard? I know Citi and GS interns are there, anyone else?

ibd or s&t?

GSmonkey:

Hi, who's going to be out in HK this summer? Anybody else at GS?

Citi is at the Courtyard Marriott too?

We should have keggers in the rooms.

citi is at courtyard marriott? how did you know?

Yes, Citi is at the Courtyard - I know because I'm interning there. And I am also down with the keggers.

hey dunston, what dept you in? im also gona be interning there but i havent received the housing information. did you ask them or did they email you?

Do you guys know the summer dress code for interns at Citi, at GS, at other firms?

DB IBD was business casual last summer - suit no tie.

Anyone know where CS housing will be? We're apparently supposed to get that info in June... quite late.

SAmonkey:

hey dunston, what dept you in? im also gona be interning there but i havent received the housing information. did you ask them or did they email you?

I'm in IBD, don't know which group yet though. Have you heard back regarding team allocations? As for housing, I called HR up to ask where we would be put up - I was getting anxious to find out. They said they would send out full details to everyone in the coming weeks.

@ bigbarney - I was talking to some FT'ers at Citi and they said that it would be biz pro. Apparently biz casual is being phased out.