CS/UBS LA v.s. JPM HK

I'm a economics student about to start freshmen year at UCLA.

Browsing through the forum, west coasters don't get much placement on the east coast. Many end up in accounting or consulting. Some outliers end up in LA/SF branch.

Q1. I was wondering since I'm Asian (native in Mandarin and fluent in Cantonese), would it make more sense to start a career in HK?

  1. How do the exit opportunities look? Would people from HK have a lower chance to get an offer for M7 or buyside?

  2. I've heard HK is more regulated. If true does this mean one would get less exposure to opportunities?

4.Could someone rank JPM GS DB CS's presense in HK?

5.Are there any large HF in HK?

 

Kid, slow your roll, you aren't even a freshman in college yet and you are worried about exit opportunities for a job that you may or may not get 4 years from now.

Take classes, explore your passions and figure out what you like and don't like. Enjoy college. Do fun shit. The fact that you even know the term exit opportunities is just weird.

While this isn't revenant to anything you asked it doesn't even matter because so much will change between now and when you are even able to start realistically thinking about this stuff (both in what you what but more importantly in the industry in general).

 
ke18sb:
Kid, slow your roll, you aren't even a freshman in college yet and you are worried about exit opportunities for a job that you may or may not get 4 years from now.

Take classes, explore your passions and figure out what you like and don't like. Enjoy college. Do fun shit. The fact that you even know the term exit opportunities is just weird.

While this isn't revenant to anything you asked it doesn't even matter because so much will change between now and when you are even able to start realistically thinking about this stuff (both in what you what but more importantly in the industry in general).

I know that diamonds mean money for this art, but that's not the shape of my heart.
 
ke18sb:
Kid, slow your roll, you aren't even a freshman in college yet and you are worried about exit opportunities for a job that you may or may not get 4 years from now.

Take classes, explore your passions and figure out what you like and don't like. Enjoy college. Do fun shit. The fact that you even know the term exit opportunities is just weird.

While this isn't revenant to anything you asked it doesn't even matter because so much will change between now and when you are even able to start realistically thinking about this stuff (both in what you what but more importantly in the industry in general).

Great advice. Thx!

Really should stop dreaming about the future and focus livin the moment. I guess I'm just too eager about everything.

I know that diamonds mean money for this art, but that's not the shape of my heart.
 
leonrox:

Great advice. Thx!

Really should stop dreaming about the future and focus livin the moment. I guess I'm just too eager about everything.

No worries. I went to UCLA as well so feel send me a message about UCLA specific questions. Basketball team is looking pretty sweet this year...I'd focus more on that my first year than placements in ibanking. But hey that's just me.

 
cibo:
How about you start by being a person i want to talk to. IB is glorified sales with some excel. If I can't stand talking to you, and at this point you sound incredibly annoying, that will prevent you from getting the job more than your school.

Good point. I may be paranoid from time to time. May start being a more popular guy than just worrying about the unknown.

I know that diamonds mean money for this art, but that's not the shape of my heart.
 
couchy:
jesus fucking christ.. how about you get an offer first huh? don't waste our time with stupid questions like these. Most people can't even get into BBs.

I actually got an internship at a no.2 BB in the mainland. But what's fun doing IB in a market so regulated that even doesn't allow shortsell.

I know that diamonds mean money for this art, but that's not the shape of my heart.
 
Best Response

well, i will help out since it's a slow friday

Q1. I was wondering since I'm Asian (native in Mandarin and fluent in Cantonese), would it make more sense to start a career in HK?

yes and no, which location do you wanna be in? do keep in mind that not being white washed will hurt your chances in advancing in the US

  1. How do the exit opportunities look? Would people from HK have a lower chance to get an offer for MBA business schools ">M7 or buyside?

people from hk will have a lower chance of getting into buyside solely because of the number of legit buyside jobs available in asia - there arent many. There are just a lot more buyside jobs in the US 3. I've heard HK is more regulated. If true does this mean one would get less exposure to opportunities?

4.Could someone rank JPM GS DB CS's presense in HK?

GS - JPM _ DB and CS kinda on par, this is from recruiting perspective and from what i see from the associates in buyside jobs in HK

5.Are there any large HF in HK?

Yes, if you work in HK you will eventually get to know them. If you work in LA...you will have a really tough time getting into them. A lot of the asian buyside jobs are requiring candidates to have asia transaction exp, which i highly doubt you will get in LA

 
Ricqles:
well, i will help out since it's a slow friday

Q1. I was wondering since I'm Asian (native in Mandarin and fluent in Cantonese), would it make more sense to start a career in HK?

yes and no, which location do you wanna be in? do keep in mind that not being white washed will hurt your chances in advancing in the US

  1. How do the exit opportunities look? Would people from HK have a lower chance to get an offer for MBA business schools ">M7 or buyside?

people from hk will have a lower chance of getting into buyside solely because of the number of legit buyside jobs available in asia - there arent many. There are just a lot more buyside jobs in the US 3. I've heard HK is more regulated. If true does this mean one would get less exposure to opportunities?

4.Could someone rank JPM GS DB CS's presense in HK?

GS - JPM _ DB and CS kinda on par, this is from recruiting perspective and from what i see from the associates in buyside jobs in HK

5.Are there any large HF in HK?

Yes, if you work in HK you will eventually get to know them. If you work in LA...you will have a really tough time getting into them. A lot of the asian buyside jobs are requiring candidates to have asia transaction exp, which i highly doubt you will get in LA

Really appreciate your time.

I may choose to stay in the states because i prefer the life.

I know that diamonds mean money for this art, but that's not the shape of my heart.
 

Consectetur consequatur vero fugiat voluptatem expedita illum aut. Unde voluptatem et repudiandae. Ad saepe consequatur nemo aut libero quia consequatur.

Doloribus nobis consectetur natus fugit recusandae. Dolores voluptates dignissimos enim voluptates. Optio similique minus sapiente possimus.

Mollitia perferendis eveniet unde quo. Saepe consequuntur ex eum aperiam ipsa sint. Corporis voluptate repudiandae sed harum vero voluptatem et. Non ratione voluptatem cum quia voluptatem. At harum commodi nesciunt ducimus sit ea. Ipsa ea harum iusto reiciendis et sit nihil est.

Provident et sunt totam optio quod aut pariatur. Unde inventore veniam quaerat. Et aliquid accusantium et. Unde et dolorem ut. Aut architecto accusamus et vero velit animi. Architecto nihil vero nobis doloremque sapiente.

I know that diamonds mean money for this art, but that's not the shape of my heart.

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 (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
bolo up's picture
bolo up
98.8
10
numi's picture
numi
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...”