Global Markets Structuring at BNP Paribas, Hong Kong V/S Sales & Analytics at Bloomberg, London

Hi everyone,

I’m a final year economics and finance student from The University of Hong Kong. I am currently split between the decision of:
1) Sales & Analytics at Bloomberg London
2) Global Markets - Structuring at BNP Paribas

Life plan as I currently visualize it:

I’ve been in Hong Kong for the past 4-5 years for my undergraduate degree and don’t necessarily vibe with the place anymore. I wish to move out for political reasons, and just wanting a new challenge. Hence, I was trying for London roles.

I wish to do a masters degree in UK/USA 2 years after my job starts.

I wish to possibly after my masters transition into a trading role at a prop shop as my main goal.

Currently, I’m split between these two roles as I don’t necessarily want to do structuring in a tier 2/3 bank in Hong Kong, but feel like it might be aligning better with my future aspirations. Bloomberg’s training is superb, and I believe the shift to London at this age would support my ambitions as well.

I would appreciate any feedback and assistance on this- thank you!

 

You could still get a Masters post BNP? Also I think structuring would translate well into getting internships/FT roles post your Masters. Others pls correct if I’m wrong but unless you’re hell bent on being in London, I don’t see why you wouldn’t take the BNP offer..

 

Where I’m at:

1) BNP isn’t a big brand. It’s a tier 2/3 bank, and doesn’t necessarily open doors for me brand value wise. Plus the culture in Hong Kong is extremely negative in my experience and I don’t see myself growing professionally due to limitations in barriers such as me not speaking French (for BNP) or Chinese

2) The training at Bloomberg is exceptionally good, and the skills would translate into developing my character for any role that might open up in the future.

3) It gives me an entry point to the UK, beyond Asia for once. Supports my masters plan. And brings me close to my parents (they live in Switzerland)

But the fact that BNP’s role is global markets creates the dilemma. Thank you for your comment, I really appreciate it.

 
Most Helpful

Seems like you’ve already made your mind to take Bloomberg but still - 

My response was directed towards your aims to do S&T later where you BNP experience will translate to much better than that of Bloomberg (pardon me though I don’t know much about how exits work for Bloomberg) 

Yea, even where I live in W. Europe, BNP is a T2/3 bank for certain roles but is a strong contender nevertheless with its balance sheet (I can think about LevFin, project financing, etc.) You might want to do some research about where it stands in the structuring world. But that matters less since you intend to do a Masters in the U.K. and I think you’d be way more competitive than your peers come recruiting season with your BNP experience. 
The masters would provide a gateway to London; I wouldn’t worry too much about it. 
i though understand your desire to move to an English speaking country and being close to your family - I’m in the same situation more or less. But if better career prospects ahead mean a 2 year sacrifice, I think you should closely examine it’s worth relative to making decisions overpowered by emotions. It’s not that you need to be in HK for 10 years! 
BNP also would be a strong name on your CV; pls ignore advice on this site about going to a BB or going bust

 

BB London may not be ur exact technical sweet spot but the brand name is super good and given ur interest in pursuing master's it's a very good pre-req job and will land you lots of good MBA prospects cos of the client-facing/business nature of sales at Bloomberg.

BNP is T2/3 and structuring is just a little random tbh - still more relevant than BB but lacks brand by a huge margin

 

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