CICC vs BB IBD 2017

Hey monkeys, a quick, classic and evolving question about CICC vs BB IBD. I'm from mainland and now a master student at a top 5 US university on the west coast. Received IBD SA offers from Morgan Stanley (generalist), CICC (M&A) and 2 other second-tier BBs. I plan to work in Chinese capital market in the long term and seriously consider to transfer to buyside in 3-5 years. Wonder what's the reputation of CICC against BBs now? Chinese IBs seem to have a strong presence on the league table. Even in M&A market, CICC beats GS and MS in 2016. Any insight in terms of pay, hours, long-term career development, exit options would be highly appreciated.

Comments (10)

May 30, 2017

definitely choose MS IBD....there is no way cicc could surpass BB when you are considering buyside.

Anyway, it's may now, how can you turn down your ms offer?

    • 1
May 30, 2017

Not saying turn down the offer. Just landed CICC's offer recently so kind of curious about its standing.

May 30, 2017

you are at Stanford right?

May 30, 2017

Good guess

May 31, 2017

yeah let's meet up this summer in HK, I will also be with a BB IBD

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May 30, 2017

Hong Kong office? Or Beijing?

May 30, 2017

I am currently interning at one of the top Chinese bank (not cicc or citic), some pretty shocking market and business practice difference.

May 30, 2017

I'd choose an American bank because they are more meritocratic

May 30, 2017

You have definitely heard that scandal at CICC, an equity analyst. I'll show you some quotes

"This is a vanity fair"; "motivated";

Do you "catch" the "point"?

And I heard that MS is not giving sponsorships, so either you have green card/citizen or MS IS giving sponsorships? I'd appreciate more information.

If you want to go back in China maybe consider CICC. A friend of mine told me that they have good pay and hours. As for long-term career development, absolutely MS...

May 30, 2017