Boutique or Chinese IBD?

I’m a sophomore from a semi-target in the U.S.. I have already secured two offers for this summer, one from a small, no-name boutique in the Midwest (through networking) and the other from one of the largest Chinese investment banks in Beijing/Shanghai (not CICC or CITIC though). I got it via family connection.

The boutique is mostly an M&A advisory firm, but it is more relevant to the U.S. capital markets. As China reopens IPO this year, it is expected that there will be 300+ Chinese A-share IPOs in 2014. I assume that I will be able to participate in some of them. My concern, however, is that Chinese experience is not highly regarded.

I am born and raised in Mainland China, but my goal is to get a SA position in either New York or Hong Kong and eventually a FT job in one of these places. Which one should I choose?

6 Comments
 

Veniam consectetur quo id. Dolorum voluptatem voluptas inventore et. Fuga nihil optio omnis aliquam vel eligendi modi. Molestiae molestias sit ullam voluptate error. Enim et itaque commodi.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”