Asian S&T 2020SA return offer rate
There's not enough mention on the Asian side. How was the Asian S&T 2020SA return rate was like, and outlook for 2021 FT hire?
Trending Content - Sales and Trading Forum
Career Resources
okay since no replies so far I guess I'll take first stab for the future asian monkeys. 2020 BB SA here btw
Anecdotally (based on convos with friends etc) - 2020 was a marginal improvement over 2019 rates, at least have not heard of any bank giving 0% return rates this year (heard baml singapore did that last year). Citi and BAML gave out very high return rates this year, but not 100%. CS and DB gave out around 40-50%. Others I have not heard of so will prefer not to comment on. Though anecdotally again have heard that GS had a pretty decent year, think 50-60%
I have no insights as to 2021 FT hire but seems like it's a trend in Asia now for guys who didn't score a return offer to re-recruit for next year's SA instead of FT - seen a lot of that this year already - plenty of 2019 BB SAs deferring graduation to try their luck at another BB this summer. So I'd imagine FT recruiting isn't in a great place right now. There are sporadic job openings (UBS has a 2021 GM Analyst program opening I think) but again those are few and far between.
also would add: group/desk return offer rates matter much more than bank-wide return rates! some banks gave high rates to trading and low rates to sales, and vice versa - not always a 50/50 split
hope this helps, know that a lot of it is based on anecdotal stuff but tldr: apac rates this year were around 30-60%(?) for most places except citi & baml
fellow 2020 SAs please chime in :)
2020 Citi S&T SA here.
Return rate for Citi S&T for SG side was 13 out of 16. Not very sure on individual group/desk statistics.
damn that's real high. btw seems like y'all had a pretty wholesome internship program lol, my linkedin timeline was flooded with citi interns talking about how great the program was hahah
Consectetur illo voluptates maiores voluptatum corporis provident tenetur consequatur. Laboriosam et perferendis quidem. Ipsa deleniti et et ullam. Non dolor ex aspernatur maiores non nesciunt. Cumque eius aspernatur impedit eveniet. Reiciendis qui repudiandae accusamus sunt sint voluptate nulla porro.
Aut et sint aut quo qui est nulla. Enim impedit corrupti dolore dolorem pariatur.
Culpa sit possimus nulla culpa labore autem saepe amet. Reiciendis illo optio nostrum corporis nihil quasi necessitatibus. Ullam et qui omnis harum autem id. Quis quaerat blanditiis vero mollitia rem eos aliquid. Rerum qui perferendis accusantium. Repellendus nihil recusandae autem occaecati est modi quia. Fuga corrupti qui consequatur eum voluptate ut eligendi. Quia corrupti repudiandae sed eius.
Voluptas tempora magnam aut iusto voluptatem harum officiis similique. Voluptatem et sed voluptas dolorum neque sed. Suscipit nihil non maxime non est minima et nisi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...