以下是引用triumph_tt在2006-2-19 13:16:00的发言:楼主和richard, 我也有个问题请教.banking和investment management 是不一样的吗?具体分别是做些什么样的工作呢?如果是想转行做投行,3年的会计工作经验+2年MBA合适吗?这样的背景可以去投行的什么部门做什么职位呢?
上面我专指内资的投行.INVESTMENT BANKING和INVESTMENT MANAGEMENT当然不一样了.前者主要包括帮助企业发行上市(IPO)和购并(M&A),也有人认为范围要再广一些. 后者主要包括证券投资和股权投资,也就是西方常说的PORTFOLIO MANAGEMENT和 PRIVATE EQUITY. 当然合适. 去什么部门要看你的兴趣了. 至于什么职位,好象不管是内资还是外资都要从头做起. 外资大的投行一般都是从ANALYST开始,很少有人从ASSOCIATE开始.
When interviewed, the interviewer asked me about the difference between China investment banking and US investment banking. I sumarized as follows:
1. Project managers in China have a more wider business scope, sometimes engaging in the entire process and in various industries.
2. Investment banking activities in China are more relevant to reform of State-owned enterprises and regulation of private ones. We should sometimes solve China-specific problems such as corporate governance transition, placement of former employees, etc.
3. Investment banking in China is less technical. Now we have limited financial products and tools, and we seldom adopt financial models in our work.
We are learning more from Western mature capital markets. In fact, China capital market is now growing very fast. |