New monkey from China

Hi everyone. I'm a senior student from Shanghai Tongji Universtiy, China. Really happy to discovered wallstreetoasis providing useful information about IBD, PE,VC and other stuff, because I'm the one who struggle to be a member of the elites in financial industry.

What really makes me upset is everybody around me tell me that the famous global financial institutions like J.P Morgan or Goldman Sachs just recruit students from PKU, THU, FDU and SJTU in mainland China. Does a student who is not from top universities have a chance?

Actually, I was ever an intern in Euromonitor, a London based market research company and now an intern in Booz&Co., but now I find myself much closer to consulting and faraway from finance. I think I went the wrong way before. If I want to turn myself back to finance, what kind of things should I have to prepare? Is a master degree in finance necessary? Thank you for guys answering my question!

3 Comments
 

I'm not in your position and will never be, but if you plan to work in the United States, I would encourage you to seriously consider studying in the United States. Obtaining interviews for bulge bracket firms is difficult enough for us relatively nearby. Considering the international, political, and economic boundary between Shanghai and NYC, it would seem like there is a move to be made on your behalf.

"A modest man, with much to be modest about"
 

Ipsam ducimus rerum aperiam et eos. Voluptatum eos expedita adipisci voluptatem ratione dolorum et. Rerum voluptates et ducimus porro ipsam omnis. Culpa explicabo excepturi nostrum veniam qui et.

"A modest man, with much to be modest about"

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”