Currently an international student planning to major in Economics at Wharton (UPenn). I am not a US citizen but want to work in the US, is this possible? I have been told that because i am not a US citizen, finding work at a investment bank will be next to impossible. Is this true? If my heart is really set on working here, what do you recommend i do?
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not sure if you are trolling or not, but yes,of course, its possible. Major investment banks and consulting firms will sponsor international students, so you only need to worry about practising for your interviews
No, he needs to worry about obtaining work permit after graduation.
He has to obtain his work permit on his own for his 12 months practicum. It is after the expiration of the practicum that a company can enter the picture and sponsor him.
The trick with the employment card is that he has 3 months after graduation to get a job. He won't be able to get a job if he has no work permit, but the work permit takes so long sometimes. So if he applies for work permit, and get a job before he receives the permit, he will not be able to take the offer unless if the company is willing to hold the job until he gets his permit. On the other hand, if he gets his permit and does not get a job offer within three months, he must depart the US.
As an international student, you will be granted 12 months to do practical training in your major.
If you get a full time offer from a bank, you will be legally allowed to work for it during the 12 months period of your OPT. In order to do the OPT, you apply for a work authorization document with UCIS. You have to get a job within three months of graduation or else you have to leave the country.
You must also obtain the employment authorization document early so that if you get a job offer, you will be able to start ASAP. ONce you complete the 12 months OPT, you can ask your bank to sponsor you for the H1B1 visa. That visa will be the only for you to stay in the US post-OPT. After a certain number of years, your employer can sponsor you for a green card. But that's very unlikely to happen.
Investment banks and some F500 companies sponsor international students. They are your best bet of getting a job in the US an F1 student.
Are you sure about this... from what I have seen all the investment banks took care of the entire process as long as you got an offer, its very standardised?
Now if you the employer doesn't sponsor you, you can use the OPT to stay 12 months.
Also, can you get teh OPT as an undergrad? (i assume the OP is an undergrad)
In any case >>> career services is your best point of contact.
I am an international students, did CPT and about to start OPT, I am too sure about what I am telling you.
Career services is not his best point of contact. The international student office at his university is the only place where he will get good information and the support that he needs.
In fact, he will scare the shit out of the career services people if he talks about immigration stuffs. A lot of people don't understand the process and get turn off by international students.
International students receive OPT for each degree that they complete.
AA = OPT BA/BS = OPT Masters = OPT
As I have previously stated, OPT will be the first step for the OP after graduation. No bank will sponsor a recent graduate who has F1 right after graduation. The H1B1 visa sponsorship is expensive. Why would the bank invest time and money to get you a short term visa when the international students can get his employment card for $ 300 something dollar?
Did you read what I previously posted? He has a 90 days window to get a job and his OPT paper. Not only will no banks sponsor him right after school, if that could happen, he would risk falling out of status if the procedure takes more than 90 days.
The cases where you see the bank get involves is when the banks hired someone directly from a foreign country or when the bank has an international students on OPT and they want to extend an offer beyond the 12 months period. At the end of the 12 months, the students will have to leave the US to apply for the H1B1 visa.
In summary:
International/F1 students => CPT (internship for major )=> OPT => H1B1 visa (if your employer is willing to sponsor you) => life will tells what happen
If OP did computer science/engineering and his working on a hard core science for his employer, he will get 18 months for his OPT.
OP, get in touch with the international student adviser at your school
Dude, you to Wharton. No need to worry about this issue. Goldman and other top tier firm do not take your visa status into consideration when considering you for an internship or a job.
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