Hang Seng Bank is hiring experienced staff across the board in Hong Kong right now (click here for details of where the jobs are). But where should you study if you want a graduate role at the bank?
To find out, we looked at online profiles of current Hang Seng employees to see how many of them attended leading universities in Hong Kong, China and globally. We then ranked the 25 most popular of these universities among the firm’s Hong Kong workforce (and gave each one a percentage based on the total for all 25 institutions).
The results, displayed in the table below, show that Chinese University of Hong Kong graduates make up the largest alumni group at Hang Seng in Hong Kong (20% of those who attended one of the top-25 colleges went to CUHK, according to online profiles).
The university’s business school runs a BSc in Global Economics and Finance degree, which has traditionally supplied graduates to both banks and the Big Four.
Unsurprisingly, Hong Kong-based universities take all of the top-five positions in our table, but the extent of their dominance is overwhelming: 87% of Hang Seng employees studied at one of the eight local colleges listed below.
That local percentage is even higher than for Hong Kong-headquartered rival Bank of East Asia (70%).
It also stands in dramatic contrast to the staff composition of global banks in Hong Kong. As we previously reported, only 20% of their workforces studied locally on average. Even at HSBC and Standard Chartered – two of the most Asia-focused foreign banks – the proportions were 28% and 25% respectively.
Two mainland universities, Fudan and Shanghai Jiao Tong, sneak into the top-10 for Hang Seng. Like most banks in Hong Kong, Hang Seng is increasing its hiring from mainland campuses as it looks boost its business from Chinese clients.
Image credit: winhorse, Getty