[求助]IB里面的哪种job对申请MBA更有帮助?

kevinao

i am in Master in Finance LBS. Many of my classmates (20+) got offer from IB even though just 3 months after we came to London. It's a bit difficult for Chinese unless we have strong IB experience, including IBD/research experience in Chinese local securities companies. I used to work in HSBC for 4+ years.

IDAISY

以下是引用kevinao在2006-1-11 8:43:00的发言：
i am in Master in Finance LBS. Many of my classmates (20+) got offer from IB even though just 3 months after we came to London. It's a bit difficult for Chinese unless we have strong IB experience, including IBD/research experience in Chinese local securities companies. I used to work in HSBC for 4+ years.

why your classmates got ib offers even they didnt really begin their study? surely research experience with domestic securities houses could be valued but why ib experience is also relevant given the underwriting/ipo scheme totally different from the western banks? or the positions are for china market but the finance sector still not opens up? i thought the most desired quality of chinese locals for international banks  is the connection, which is however seldom found from finance kids unless they had strong family background. i am just curious, how bulge bracket banks view chinese applicant and chinese experience, thanks for sharing.

zdcgy

以下是引用kevinao在2006-1-11 8:43:00的发言：
i am in Master in Finance LBS. Many of my classmates (20+) got offer from IB even though just 3 months after we came to London. It's a bit difficult for Chinese unless we have strong IB experience, including IBD/research experience in Chinese local securities companies. I used to work in HSBC for 4+ yead

May I ask what positions in IB do your classmates have? Similar to associates positions which are usually dominated by MBA? Thanks

kevinao

Yes our competitors are MBA from LBS (for London positions) or other US top business schools for HK positions. We almost never compete with Master in finance students in other schools. My classmates got offer starting from associate. If many IB came to school for recruitment, of course we can try. Many non-Chinese students had experience in ML, JPMC, Citi (IB), PE, or Mckinsey/BCG/Bain, it's not surprise if they can get offer almost immediately after study. For Chinese students, due to industry background (almost no real IB in China), lack of knowledge in EU market/culture and finance, as well as english level, it's not easy to join major IB here. As to HK, we understand HK IB pay more attention to experience, and possibly as you said, relationship (by the way, most Chinese students have about 7-10 years experience in finance industry, no kids!), it's also not easy. I also believe it's not easy for US top MBA to join IB in HK. Probably it's easier to get offer from London IB than from HK IB. By the way, I had two interviews from IB in London, but none in HK though I applied several. For MIF2005, two joined IB in HK, one joined IB in Beijing, and 3+ joined IB in London.   

honghong888

you are young. Go for IBD and burn for several years!

kevinao

not young! 9 years experience and can hardly imagine to work from the very junior level in IBD!

流浪的红舞鞋

以下是引用IDAISY在2006-1-11 9:58:00的发言：

why your classmates got ib offers even they didnt really begin their study? surely research experience with domestic securities houses could be valued but why ib experience is also relevant given the underwriting/ipo scheme totally different from the western banks? or the positions are for china market but the finance sector still not opens up? i thought the most desired quality of chinese locals for international banks  is the connection, which is however seldom found from finance kids unless they had strong family background. i am just curious, how bulge bracket banks view chinese applicant and chinese experience, thanks for sharing.

To answer this question, according to a lot of people in the states, Chinese experiences do not count. The bulge bracket banks are looking for North American experiences.

IBD or FID S&T?

I think you should consider what kind of life you want and what possibilities these two position can lead to. For example, FID S&T’s life is better than bankers. Fixed income also has a bigger chance to land a job in the states than equity, because equity needs more cultural understanding. On the other hand, IBD of course will be a no life job, but if it’s a highly reputable house, the experience should be great. Everything is about trade-offs. You make your own decision according to your own personality and future plans.

Good luck with everything!

cheeyong

果然是大牛的领悟。

suncola

Both are great jobs for MBA application. Your job prior to MBA doesn't really matter in school application, but in post MBA job hunting.  I personally prefer the IBD job. I believe IBD will open more doors for you in the future, no matter if you have an MBA or not. Just make sure that you will be fine with the IBD life before your decision. The rumors on the streets are not just rumors. IBD life could be as horrible as you imagine. I would say sales and trading is good for girls in long-term (esp sales, less pressure and stable working hours as well as good pay) and it is not necessary for you to consider an MBA in the future.

Just finished my 7th IBD interviews at school today. I think if you target IBD after MBA (though I don't think so after your IBD life), anything other than IBD would be regarded as irrelevant ones and you would be considered a career changer. I worked under the umbrella of a top IB on the street but not in the exact IB division. I have been challenged several times why I wanna investment banking as a career changer.

As for w/e in China, I think it does count in terms of business understandings. There are ppl in my school who get into the top ibanks final interviews with sole China w/e. I think if banks didn't value it, they woud not have even offered the interviews. But if you wanna land a job here, you definitely should prepare to answer all kinds of questions about American market and your commitment to a career in the states.

[此贴子已经被作者于2006-1-12 12:53:57编辑过]

dadada007

I would say sales and trading is good for girls in long-term (esp sales, less pressure and stable working hours as well as good pay) and it is not necessary for you to consider an MBA in the future.

====I doubt that! sale and trade are great presure for both man and woman,not stable at all, you  have to make sure the sale volume and the target....but the market is changing without any expectation,how to say stable?

For banking job, a lot of employers prefer the candidate with a degree from top school? some say so! i don't know.For those people with no previous experience of this industry, it is limited to carry the knowledge and the market view of banking....so i am questionable that how the banking company select those candidates.....