Can international students in Australia break into IB?

Hi folks,

I'm currently a sophomore at a non-target in Australia. I have maintained a good GPA, have done one M&A brokerage internship (deal sourcing) last summer. And I will intern at a boutique this summer.

However, my school is operated in non-Australian timeline, which means I will have summer break in May-Aug instead of Dec-Feb like other colleges in Australia. And that would make SA recruiting in Australia impossible. I'm thinking about applying for FT without SA but my chance of landing IB gig in such way would be very tough.

I'm looking to other places that compatible with my school timeline like Singapore but it's very competitive. Probably targets and semi-targets students recruited in US will fill SA class Singapore office.

And doing IB in my home country is out of the question, poor dealflow and small deal size, and there are only 2 BBs have offices in my country but they have very small teams. Not to mention the comp from doing IB in my own country would not help me paying my student debt at all.

I'm seeking advices from you guys, what should I do now?

 
Best Response

There's nothing stopping you from applying for SA positions abroad and I know many who have from Australia. I would say that you should have a look at opportunities in Hong Kong and Singapore in particular due to their close proximity to Australia and relatively lax visa policies.

Also definitely look into off-cycle internships at BBs in Sydney. I'm not sure how formalised this process is, but do some networking and see if there are any opportunities available.

 

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