Hi, guys, I'd like to hear your opinion on this topic.
If I'm targeting to work at a BB or Boutique Investment Bank in Hong Kong, which MBA program would you recommend:
(1) Tier 2 US MBA programs, such as UNC / Indiana / UT Austin / Wisconsin / USC (2) Regional Tier 1 schools that has international high ranking, such as IESE (Spain), IE (Spain), HEC (France), Oxford (UK), Rotman (Canada) (3) Local schools in Hong Kong: HKUST/CUHK/HKU?
I've heard that Ibanks in HK rarely hire local students... This is quite tricky since schools in HK strengthen that they have a good connection with the industry... I'm also wondering how top schools in Europe are perceived by HK's Ibank community...
I'd really appreciate if you can share your insights and thoughts.
Bump - interested as well!
Currently a 3rd year analyst at a HK BB up for Associate, maybe I can shed some light on MBA hiring per my observations. I personally haven't seen anyone at BBs from bucket 1 or 3. While there are a few from bucket 2 at some European banks, those are amongst the lower-tier ones (BNP/Societe Generale).
The fundamental issue here with HK BBs always comes down to limited MBA associate hiring (mainly due to mediocre revenue in APAC). Unlike their US peers that have the luxury or obligation to hire a group of MBA students (given a much larger pool and higher turnover rate at analyst level), HK has been historically a fan of internal A to A promotion or lateral hire. That being said, HK BBs have seen increasing number of analysts fleeting to PE/HF/Tech side, though recent layoffs at many BBs and decreasing revenue in the region kind of offset the outflow of juniors. Given few spots are available, HK BBs tend to play safe by targeting primarily at M7 for US, LBS for UK and INSEAD for rest of EMEA when they have to recruit MBA fresh grads.
Assuming above 3 buckets are exactly the ones that OP is going to apply or has got offers from, I suggest the OP to go for the bucket 2 and start networking early with your alums. Given OP is targeting to work in HK, I already assumed you can speak Mandarin, otherwise the recruiting will be even worse.
Thanks for sharing your insights! Very useful information! :)
How many Australians end up working as SA or analysts in HK BB?
I personally haven't seen any at my BB
None at my BB either. HK BBs are already saturated with top undergrads from US/UK (legacy) and PRC/HK (China being the major fee provider in the region). That being said, personally know 2 Aussie juniors at other HK BBs, you can do the math, it would be a uphill battle for sure.
US MBA for HK Boutique IBD Analyst? (Originally Posted: 11/25/2013)
Hi guys,
Just a quick question regarding whether pursuing a Top 15 MBA in the US would be worth it for my situation.
A quick background on myself:
My future plan is to work in a Private Equity firm in Asia. Drawing from the experience of you guys, do you guys think going for a Top 15 MBA is worth it for my future?
Here are some of the pros & cons that I can think of, I guess some of which are pretty common
Pros:
Cons:
Fire away guys, much appreciated.
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