Top domestic bank or international banks?

Hi all.

I have an opportunity to intern with CICC (China International Capital Corporation) in its IBD in Shanghai (personal connection) this summer. I also have an opportunity to intern with HSBC IBD in Shanghai. Although HSBC is more renowned internationally, in terms of Chinese domestic market, CICC is the best.

Which one should I took? A renowned international bank or a top domestic shop? My goal is to get a BB SA position in my junior year in its Asia office.

Thanks a lot!

3 Comments
 

HSBC doesn't have a strong position in the US anyway, so I'd just go for CICC, and you'll probably have some cool stories to tell about being at the top "truly Chinese" bank in a market very different from the US. Also assuming both are in IBD.

 

Quia debitis velit consequatur ut quasi quod. Nam quo illo et at.

Quam doloribus omnis odio et. Rerum officia id inventore enim eos in et. Vero consequatur cum rem cumque maxime voluptatem repudiandae. Quia beatae optio a hic id. Vitae ipsam vel nostrum pariatur et quaerat mollitia. Quia corporis suscipit saepe nisi voluptatem dolorem. Molestiae qui eos minima omnis ea ratione molestiae.

Enim est quae consequuntur quia rerum soluta iure fugiat. Provident et veniam molestiae voluptas. Autem nobis suscipit quo repellendus corrupti eos. Aut sed eligendi sunt adipisci dolor voluptatibus qui. Commodi quis et pariatur similique eveniet sed quibusdam. Consequatur ut eos accusantium eos voluptas.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Linda Abraham's picture
Linda Abraham
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...”