asian pursues career in EU or US
Hi there, I have two internship experience, totally one year, separately in top Asset management firms as sales and t1(in europe) Investment bank trading. I am currently in final year of postgraduate study, which will be finished around the next June. I am holding an asian passport and trying to pursue my junior career in commodities or derivatives trading sector. any good advice where i can head to? i really want to go Switzerland or US or any other places have equivalent level of payout for graduate. first question comes to my identity/nationality… asian passport for working over any of the above places won’t work out in the first place i guess. any idea from my fellows here?
Based on the most helpful WSO content, here are some insights and advice for pursuing a career in commodities or derivatives trading in the EU or US with an Asian passport:
Internship Experience:
Target Locations:
Visa and Work Authorization:
Networking and Job Search:
Application Strategy:
Additional Tips:
By focusing on these strategies, you can improve your chances of securing a position in the commodities or derivatives trading sector in your desired locations. Good luck!
Sources: Networking 101 – 8 tips from a “non-target” school student, Advice for a 21-year-old entering BB S&T?, Job Advice?, Imperial Interview Insight, Advice On a Career
If you want to trade don’t go to a bank, it’s dead post Dodd Frank. Any particular reason against Asia? The region has the most growth potential of the regions. Personally, I think you should be less focused on geography and more focused on the skills you gain. If you’re truly serious about commodities then your best bets geographically are Singapore, Chicago, or Dubai.
make sense to me for the most of the content, appreciate that.
But why Dubai is on the list?
Dubai = oil trading hub of the Middle East.
i am not against asian region at all, only overheard about the entry level payout is less competitive as in US and Switzerland. I guess whatever the potential growth in the further that the career u choose can give u, the core element should be salary rather than anything else -> not true probably
If u work for a western company the pay is relatively standardized. Also places like Singapore, Dubai, or even HK in its current state are great places to start ur career in trading. Its not IB/PE where everything is centralized in London and NY with a sprinkle of the Bay Area.
im a noob but is it really chi-raq > houston for commodities?
For energy, BP crude and products are there alongside a few prop trading firms that have started discretionary strategies in commodities. Much smaller environment than Houston where almost everyone else is based.
Outside oil, absolutely yes.
I understand the desire to remain relatively anonymous but it's going hard to be hard to get accurate information regarding visas without knowing your nationality and where you are studying now. If you are studying in US or have a Singaporean passport getting a US work visa for at least a few years is relatively straightforward but otherwise I would imagine it's unlikely US firms would sponsor your work visa. Some European countries are more flexible regarding this e.g. UK and it's likely whatever firms you interned at would also be able to sponsor you if needed although I am not sure about Switzerland in particular. These roles are extremely competitive and I wouldn't expect comp to be exactly the same as in New York but many large prop trading firms commonly sponsor visas for international campus hires in London, Singapore, and HK and post tax income in the latter two might be comparable or even better than New York due to much lower income taxes.
since trump is backing the house, i guess it’s more difficult to settle in US if i’ve never been to. and i would say for trading crude, only a few spots are available in eu and most of th are located in switzerland…and i don’t know where to start atm.
my infor for ur further opinion: non-Singaporean; master degree from germany; two front office internship from top AM and Investment bank but not relevant to commodities.
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