Landing Investment Banking Internship From A Sophomore's Perspective (Hong Kong)

sunnysi's picture
Rank: Senior Chimp | banana points 21

Hello everyone here, I am doing an International Business and Global Management degree in HKU and am passionate about investment banking. Last summer I had the chance to intern at a boutique investment bank and also worked in UBS Private Banking as an intern. The experiences are good and I understand more and I am more sure that I want to go for IBD (M&A>TMT>others). Apparently BB does not hire a sophomore as they can't turn it to a return hire.

So my main focus is going to be landing an internship offer at a boutique / mid-market IBD and at the same time learning more about valuations. Any suggestions around this for a second year student? Thanks a lot

Investment Banking Interview Course

  • 7,548 questions across 469 investment banks. Crowdsourced from over 500,000 members.
  • Technical, behavioral, networking, case videos, templates. All included.
  • Most comprehensive IB interview course in the world.

Comments (30)

Dec 31, 1969

dude... we're in June.
HK internship recruiting literally wraps up early Jan.

    • 1
Dec 31, 1969

But they are relatively formal right? How about the informal ones? Do they also want interns to work with them this time around?

Dec 31, 1969

Wait - name me one BB that does 'informal' international internships?

Dec 31, 1969

That's what I'm asking. I'm not entirely familiar with that. So I apologise if I seem naive. It's actually a local internship for me. I thought there are some internships that open all year round. It seems that I can only apply through the 'formal' way before Jan.

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Dec 31, 1969

Your chance of interning at BB in HK is close to zero. Start sending out emails to EB or MM firms. Deal flow might pick up at some places and they want to bring in an intern. FWIW, JPM has off-cycle internships in Fall and Spring with applications due 3-6 months earlier.

Dec 31, 1969

Yes that's exactly what I'm talking about! I'm not looking for BBs at the moment. Just a regular MM firm is fine. Do you have any specific firms you would recommend me to contact? Thanks.

Dec 31, 1969

No sure which firms to target. Do a Capital IQ search and you should be able to find a bunch.

Dec 31, 1969

~

Learn More

7,548 questions across 469 investment banks. The WSO Investment Banking Interview Prep Course has everything you'll ever need to start your career on Wall Street. Technical, Behavioral and Networking Courses + 2 Bonus Modules. Learn more.

Dec 31, 1969

SBs for all helpful responses!

Dec 31, 1969

At least for me, MS first round IBD is finished, JPM scheduled interview next week, and GS and Citi first rounds were all this week. Hope that helps!

Dec 31, 1969

spot for RBS IBD in HK has been filled.

Dec 31, 1969

chinese new year starts on 1/23 in 2012, so its understandable that they'd want to finish most of the recruiting before that.

  • justanotherbanker
  •  Dec 31, 1969

The big banks recruit at the usual US colleges and hold separate interviews and info sessions from the US offices. I think they all recruit for internships about one month ahead of the US recruiting schedule. Expect to see big recruiting events (often by invitation) at hotels in major cities.

The two big international BB players in Hong Kong are Goldman and UBS. Business is really picking up in the region.

Dec 31, 1969

Equity's what you want to go into.

Dec 31, 1969

what about FI? how is fixed income in asia?

Dec 31, 1969

Do you speak FLUENT mandarin or cantonese? More relevant for HKD IBD.

Dec 31, 1969

FILTH (fail in london try hongkong) doesnt really apply anymore these days.

Dec 31, 1969

The short answer will definitely be YES, but again it all comes down to why they should hire u, like can u speak Chinese and ect ect...

Dec 31, 1969

they do not start interviewing till january though

Dec 31, 1969

Sorry, wrong word choice. I meant to write apply, not interview.

Dec 31, 1969

i guess it does not really matter where you submit the application lol, if you can stay in that region when they start interviewing, that would be a plus

Dec 31, 1969

If you are in HKU or HKUST, ask around. Their job postings are usually for their full-time students exclusively but kids there should know a lot about local banking.

Dec 31, 1969