I'm looking to start a 1-yr masters program this summer, and I'm thinking of starting to reach out to alums in IBD. I'm an international student, so I'll need H1B sponsorship. I understand that the banks that received TARP money have major hurdles towards hiring foreign students, but if the money is paid back, do the restrictions still apply?
I'd be interested to know which banks are still hiring H1B workers.
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All BBs should not have problem hiring intl' students.
I am an international master student, I interviewed with all BBs in US, I guess they would not be interested in me if they cannot sponsor H1B.
Hi Ackerman, What about Citi, or MS?
Citi and MS both have sponsorship man
I know this was years ago but im interested to know if you ever did get sponsored for a h1b and if you had any prior work experience to masters. thank you
Now that they paid back TARP this should no longer be an issue
What about Citi?
I don't know about now, but back in 2008, the only banks that would hire foreign students were Citi and Barclays
Before TARP, banks were already cutting back with the H1B visa cut-backs. Merrill Lynch and JP Morgan would not even give you an interview if they knew you were foreign.
MM banks have never had problems hiring international (Laz/BX/HL/ etc..)
To the best of my knowledge, most banks currently hire H1B. Heres are the ones that don't
-Blackstone does not sponsor H1Bs for US positions (surprising given its scale) -RBS -Piper Jaffray -Wells FArgo -RBC -BNY Mellon -Raymond JAmes -Sun Trust -Union Bank Cali -M&T -Cap One -BMO CM -Lazard MM -Stifel Nicolaus -KeyBank -PNC
PM me of you need more info
I disagree if by "Cap One" you mean "CapitalOne". They do have H1B's. Just go on visadoor.com and check employer names for accurate Dept. of Labor filings and proof of these banks listed and others sponsor or not.
Thanks. Informative indeed.
In general, Goldman Sachs and Credit Suisse are known to be very generous with sponsoring internationals. They will take the best talent regardless of where there are from. Despite what they say, other firms are much more stringent with H1Bs. This is both pre- and post- TARP.
H1B Bankers (Originally Posted: 01/26/2010)
Hi,
For those people who are banking on a H1B Visa, could somebody explain how feasible it is to do banking for 2 years and then move to PE.
I have done some research and found different answers. It seems that H1B is 3+3 years, but I was wondering what would happen afterwards. I assume that with the portability Act, there is no problem with switching jobs.
So if (ideally) i do 2 years IB analyst and 2 years PE pre-MBA associate, would there still be enough time to move to a post-MBA track and receive permanent residency.
Please list some of the pitfalls that I should be aware of and take into consideration in my plans. I will be applying for H1B in April.
Well, if you stay on an H-1B and don't get an MBA, you can apply for a green card after 6 years I'm guessing, as long as the PE firm you're at is willing to sponsor you for it. If you go back for an MBA, I think the whole process starts again i.e. OPT->H-1B->Green Card.
how many non megacap PE firms are there who would even sponsor you?
Once you obtain the H-1B, transferring it is not a problem from what I've heard, takes about 2-3 weeks. Most firms are wary of applying for the Visa, not so much transferring it. There are of course some firms that will be reluctant to sponsor you, but most shouldn't have a problem if your credentials are good.
bump
OMG it takes 6 years + for them to get a green card? No wonder my fellow Ladhi'r Iklam wanted to get married so bad.
You will have to go through the entire process again as if you were just out of undergrad. I am an F-1 student too, and I am getting my H1B Visa sponsored this April. I plan to work for 6 years: 2 or 3 IB, and 3 PE (hopefully) and apply for a green card. In my case, I got traumatized this past recruiting season by the fear of not getting a job and having to go back home, so I'll pass on being an F-1 again. At this point, I rather have the security of knowing that I am legally able to work until I get my papers in order. After that, I might consider getting an MBA, if necessary. You could take the chances with the MBA and get a job and apply again with H1B....with good credentials, more than likely you'll have no problems getting sponsored again.
Apparently, one can't apply for H1 without a graduation certificate (which most students don't get till May/June). So do most International analysts work using OPT for year 1 (unless slots are still available that late). Does anyone have any idea of how this affects taxes?
Yes, OPT for year 1. You don't pay federal taxes until you get your H-1B.
im confused....if they dont have opt, how do these people work at BBs their first year?
You have to work on an H1B.
List of firms that sponsor H1b Visa for junior positions? (Originally Posted: 06/22/2012)
It seems like most firms do not support Visa sponsorship for junior consultants. I'd love to know the firms that do. Thanks.
macro while you are right that goldman and cs sponsor H1bs, there is no thing such as generosity....if you are good enough, they will hire you and work out your H1B, but the same thing applies to most other banks as well. I am sure JPM doesnt go into recruiting thinking we are only going to hire 30 of the best H1Bs ... once you get the offer, only then do all the big banks (i wont say BBs only) start working around your work status
majority of the BBs, the big 4 accounting firms, McK and big prop shops (Citadel, drw etc) Bain did not sponsor in 2010, not sure about now.
Oliver Wyman sponsors as well.
MBB, Deloitte, Oliver Wyman, PwC did for the last cycle.
I know AT Kearney does...
thanks folks. Is now the time to apply if I'm sort of an experienced hire (two years work experience)? or should I wait till September when they start regular recruiting season?
Some small tech consulting firm/start ups
Aon doesn't
Of course the term "generosity" is meant in comparison with the other banks. Although I know nothing of their internal policies, several of my international friends were told by most of the banks that their immigration status would be an issue, whereas GS and CS told them to not sweat it. One of them was actually given an offer by JPMorgan, which was later rescinded when they found out that she was not a citizen. Another was told during the interview process with several banks that it would be difficult for them to get an offer. Guess where they are working now?
Companies that hire H1Bs? (Originally Posted: 01/31/2014)
I am not a citizen of the US and I really dont how to find out what firms sponsor H1bs and what dont?
Any ideas on how to find out?
A forum search would have sufficed.
Anw here's the link: //www.wallstreetoasis.com/forums/list-of-us-companies-sponsoring-h1b-visa
Does Citi sponsors H1B?
Boutiques with H1B Sponsporship (Originally Posted: 03/02/2014)
Hi all, I have read conflicting information about boutiques sponsoring H1bs. I think it would be really helpful if someone can list what boutiques actually hired H1Bs and who doesnt.
Thanks
bump
I have no specific information to give out, other than that I have seen friends being hired by small firms.
One piece of advice I have for you is that if you are majoring in a STEM subject, you can convince the boutique firm to let you work there as you can work without a H1B on STEM OPT for 29 months.
Yes, I know that working in Finance is not a STEM field, but USCIS only cares about your major. Have seen several cases of kids working in banks/consulting getting their OPT extended to 29 months because of their STEM majors.
BS in Finance/Econ does not count btw.
Just to clarify, if your degree is econometrics or quant economics you qualify. Check the CIP code from your university.
bump
I know for a fact that Citi and Barcap will sponsor H1-Bs for the next analyst class (starting summer '11) PM with questions.
Sorry that was by mistake, i am new to this site... as curiosity i pressed that shit icon without reading tool tip, apologies. it wasn't intentional.
Better pay me back with a silver banana man! Anyways what's happening with Citi in february? Where did you hear that?
i heard that new law will be announced in Feb 2011 on H1b hire in Citi? does anyone has any !dea on this?
Yea, does anyone know about Citi?
Citi has always sponsored
I heard sponsorship will be back to the norm by 2013. Don't quote me on this, just a saying.
Are there banks in other countries?
Hi Guys.
I am into banking sector from last 4 years and working as a Credit Analyst with State Bank of India. I am here in USA on H4 as my wife is working on H1b. Can anyone help me out as to how can i get my H4 converted to H1B. I am really looking forward for your help as currently i am totally lost as to how to proceed. Thanks
Hii Kunal, Can we talk ? I am also from same background
Does UBS sponsor h1b? and is it only IBD or will wealth management positions such as financial advisor or client service associate sponsor as well?
UBS does sponsor, only for IBD (advisory, ecm, dcm) though.
Hi All Just wanted to know what is the best way to approach for getting a H1-B sponsorship for a corporate banking/wealth management kind of a profile? My wife is currently on H4 and has 4 years of experience in corporate banking & wealth management. What are the banks that can be approached that have a sponsorship or are their any third parties that help in doing so?
Thanks in Advance !
Does anyone know about William Blair?
Does anyone happen to have an updated list by any chance?
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