CICC - S&T

Hi,

Potential opportunity for CICC sales and trading role in Asia full time. Just want to hear what are your thoughts about the firm rep? comps? + and - of the firm/role?

Any current or previous CICC people out there that want to share their experience would also be greatly appreciate!

You can PM me if you don't like to posted it publicly. Thank you!!!

 
DrSatisfaction:
yeah it's China International Capital Corp. - partnershipped between the Chinese government and Morgan Stanley, who's been trying to sell their stake to KKR/Bain/TPG.

anyways, i know they're a powerhouse in China in IB, M&A, etc. but those aren't particularly my interests. just wanted to see if anyone here can speak to their S&T reputation, exit ops, etc.

China's equity markets are an absolute joke.

 
DrSatisfaction:
not interested in equities. at all.

commodities, interest rates, fixed income, fx, credit, etc. - i'm much more interested in derivatives and have a decent background in it.

I don't know the size of CICC's HK presence but their competitive advantage would only really be in China. The capital markets in China are rather immature. If you want to do derivatives in Mainland China, do it in Hong Kong at a BB.

 
Best Response

well i'm limited in my options now that it's past most BB's summer deadlines.

i've got an application in at Barclays in Singapore and i'm still waiting to hear back from them. but so far CICC seems to be a possibility.

i might also have a chance at some small/mid HF's. just not sure how much i'll learn in those settings, since i'll be the coffee bitch more than anything else i imagine. i'll probably build good relationships but that's about it. although my ultimate goal is to be on the buyside, i'm not sure this will be the optimal way in.

also to clarify a bit about my background. i'm starting my mba this fall, so i'm trying to do land a solid internship before i start my mba, since it's only a 1 yr program. i have experiences in FX, interest rates, and commodities - all in back/mid offices though. i'm looking to move into S&T after graduation, with the long term goal being HF's or a PM type of role in investment management. my focus is very much global macro, so i'm not particulary interested in working in IB, M&A, or other roles that deals with investments on a company level.

 

Cum quidem ut non tenetur ut nobis. Doloremque perspiciatis itaque et consectetur alias est ut. Aut blanditiis a autem rerum illum et.

Enim consequatur iusto magnam et excepturi sint. Ut aut dolorem quasi dicta. Sit quia vitae eos ipsum. Id corporis atque sapiente omnis deleniti corporis.

Expedita omnis in amet harum autem id. Quisquam aspernatur unde voluptate culpa labore quis ipsa culpa. Voluptatem numquam odit dolor deleniti recusandae.

Explicabo quisquam ipsum nam molestias qui voluptatibus et enim. Exercitationem vero quis occaecati voluptas.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
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...”