Zurich & German IB/PE recruitment

Based on previous WSO threads, here's what you need to know about IB/PE recruitment in Zurich and Germany:

Non-Target Schools Disadvantage

• Zurich/Germany vs. London: While non-target schools can be a disadvantage in any major financial hub, the impact may vary. In Zurich and Germany, the industry is smaller compared to London, which might mean fewer opportunities overall. However, the emphasis on local language skills (German/French) can sometimes offset the non-target school disadvantage if you are proficient.

Visa Sponsorship for Non-EU Candidates

• Visa Sponsorship: Non-EU candidates can apply for internships and jobs in Germany and Switzerland. There are plenty of foreigners without any language skills in Germany who managed to get visas and jobs. It should be easier if you are fluent in German.
  • Germany: Look into specific visa types such as the training/internship visa. Resources like http://www.germany-visa.org/training-internship-visa/</a">Germany Visa and http://www.young-germany.de/topic/work/applying-for-a-work-visa-in-germ</a>…">Young Germany can provide more detailed information.
  • Switzerland: While English is widely spoken, especially in Geneva and Zurich, knowing German or French is advantageous. Visa sponsorship is possible, but it may be more challenging compared to EU citizens.

Recruitment Similarities to the USA

• Recruitment Practices: Similar to the USA, recruiting non-citizens who do not study on-site can be challenging. Proximity and the ability to meet potential hires in person are significant factors. However, dual citizenship, brand name, and relevant internships can improve your chances.
  • Language Skills: In Switzerland, not speaking German or French can be a disadvantage, although it is possible to find opportunities where only English is required.
  • Networking: Extra leg work, such as networking and being an undeniably strong candidate, is crucial to overcoming these barriers.

Additional Tips

• Language Proficiency: If you are interested in working in Zurich or Germany, learning German or French can significantly enhance your prospects.
• Industry Size: The finance industry in Zurich and Germany is smaller than in London or NYC, which might appeal to those who prefer a less hectic environment.

For more detailed discussions and personal experiences, you can refer to the highest-ranked content on WSO.

Sources: Should I apply to Germany as well?, Recruiting in Zürich/ Geneva vs London, Student from Japan applying to IB in the US, My Advice for International Students in the US (F-1 Visa, OPT, CPT, H-1B), Elitism in IB Recruiting? - Spain & France