if you aim at ibanking, change it. you know what happened to citi and BOA today. another round of run on banking...i seriously think in the next five years the old investment banking model won't come back. if you aim at buyside, i am not sure about china, but in the U.S. it is tough. it is not easy in the past, but now it is tougher. small shops are out of business. big shops are quietly cutting on their workforce. firms who never laid off people since their establishment did so first time - blackrock, carlyle, perry capital, wellington, berstein,blackstone, och-ziff, citadel,the list could go long and long... actually this is not the worst, the worst is that obama is going to be harsh on the immigration policy. it is likely the h-1b cap will be still there this year - even if people is lucky and competitive enough to land a job, how is about not being able to get the work permit? |