Comments (18)

May 15, 2012

Impossible. I went to Boston Career Fair. All the BB IBD requires native speaker level in Japanese.

May 15, 2012

But for BB S&T, I heard you don't need native level. Also, I heard certain BBs/Elite boutiques with offices in Japan sometimes send associates to the offices in japan for deals.

May 15, 2012

Thanks guys. Same question then.. How would I go about approaching banks given my experience described above? Back to the grad scheme level 1? I'm currently an N2..

May 15, 2012

(for s&t)

May 15, 2012

It's impossible. You have to speak Japanese for starters. The interesting thing about Japan is that everyone going through the schooling system takes six years of cumpulsory English language, yet only 3% of the population actually speaks English. Additionally, the M&A market in Japan is pretty weak. Japan is a country of buyers with no sellers. It took KKR over three years to close their first deal in Japan, and it was only a few hundred million USD buyout. Most of the people I know in Japan M&A and PE are trying to get OUT because the deal flow is so crappy (several PE shops have closed their Japan offices or scaled back considerably in recent years after a big push pre- and post-Lehman).

May 15, 2012
Ravenous:

It's impossible. You have to speak Japanese for starters. The interesting thing about Japan is that everyone going through the schooling system takes six years of cumpulsory English language, yet only 3% of the population actually speaks English. Additionally, the M&A market in Japan is pretty weak. Japan is a country of buyers with no sellers. It took KKR over three years to close their first deal in Japan, and it was only a few hundred million USD buyout. Most of the people I know in Japan M&A and PE are trying to get OUT because the deal flow is so crappy (several PE shops have closed their Japan offices or scaled back considerably in recent years after a big push pre- and post-Lehman).

Kind of confirms what I always believed that Japan is not big on new businesses.

May 15, 2012

Interesting ravenous, thanks

May 15, 2012

Sorry to keep switching this discussion - how does everything above compare to HK and Singapore?

May 15, 2012
musto430:

Sorry to keep switching this discussion - how does everything above compare to HK and Singapore?

Singapore is fairly easy to get into for experienced hires even without speaking foreign languages beyond English. There are a ton of Asia funds based there due to the beneficial tax codes. In fact, a lot of Japanese investment firms have relocated to both HK and Singapore for that very reason. There are definitely some big emerging market / Asia funds that have recently been hiring analysts (and may still be) in Singapore -- I interviewed with one but passed because they have a history of blowing themselves up. If you want to do Singapore, I would check out INSEAD's program as they probably have good local placement.

Am not as familiar with HK -- obviously everyone there speaks English, but a lot of HK business is still China-focused, so Mandarin is a must for most of the jobs I've seen. Easier to crack than Japan, but still not an easy move.

Regardless of the country, you are going to have a tough time moving to new geographies without any experience. You have to offer any of these firms something pretty substantial for them to want to even consider relocating you.

May 15, 2012

i heard recent cross border deals..... Moelis did one....I believe GCA Savvian does alot of these Japan M&A deals...

May 15, 2012

Check out Mizuho and Macquarie.

May 15, 2012

raine just advised on sprint acquisition by softbank, didn't they?

May 15, 2012

Dentsu - Aegis
http://wsj.dealogic.com/Dentsu-AegisGroup-817736.htm
People need to start posting sources to what they post on here...

May 15, 2012

do we need footnotes too?

May 15, 2012

...and graphs. I like graphs.

May 15, 2012

Way to completely derail my thread, guys :<
(re: graphs - only if they have pretty colours...)

Currently: future psychiatrist (med school =P)
Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)

May 15, 2012
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