Senior investment banking jobs may still be under threat in Hong Kong, but global banks are generally keeping their graduate intakes steady for 2017.
Many final-year students have already received job offers for next year, particularly if they interned at the same firm this summer. And some of these people have updated their online public profiles so we can see their academic backgrounds and work experience.
Here’s what it takes to make the 2017 analyst cut in Hong Kong.
Trading jobs may be disappearing from Hong Kong and Deutsche Bank may be cutting jobs globally, but that hasn’t stopped Gong being offered a sales and trading analyst positon at Deutsche. This year he interned in the division, both in Hong Kong (institutional clients group, China debt sales) and Singapore (Asia credit structuring), according to his public profile. Gong was second runner-up in the J.P. Morgan Portfolio Investment Challenge and won the ForexMaster Hong Kong Summer Trade-Off.
Chen is currently finishing her BA in Finance from Peking University (GPA 3.8/4.0), has four scholarships to her name (Benz, Santander, Wang Qingyun, and Fengqi) and is a member of three campus finance groups. She’s also done four Beijing-based internships (including at Goldman Sachs) and was at Morgan Stanley in Hong Kong this summer. Next year Chen is moving to Hong Kong full-time, having clinched an analyst offer with MS.
Somewhat unusually, Wang has interned at both Western (Citi and HSBC) and Chinese (Haitong Securities) firms, all in their investment banking divisions. But it was Citi that gave her an analyst offer. Wang has a BSc in Statistics from Hong Kong University and is now completing a Master of Engineering from Cornell University, according to her public profile. Like many incoming bankers in Hong Kong, Wang went on exchange programmes during her undergraduate degree – to Berkeley and McGill universities.
Motwani is a business student at Babson College in Boston and when he graduates next year he will be working in the global markets team at HSBC in Hong Kong. He was at the bank between June and August this year as a delta one trading summer analyst, but his other internships have been outside the banking sector (at security firm G4S International, for example). Motwani has the kind of entrepreneurial streak that banks love to see on student CVs: he created a tutoring service for children of expatriates in Hong Kong.
Huey already has a Bachelor of Business Administration from the University of Texas at Austin and in 2017 she’s graduating again, this time with a MSc in Energy Finance from the same school, according to her profile. She’s interned at Fulcrum Capital in Austin and at Bank of America Merrill Lynch in Taiwan, and next year she’s joining BAML’s Hong Kong office full time. Huey is extremely active on campus. She’s a career development chair, sits on the women’s council, and is investment director of the University Finance Association, managing a “$1m stock portfolio with a team of seven analysts”.
Chong spent this summer in the international corporates sales team at Standard Chartered and the previous one as a research assistant at Hong Kong’s Consumer Council. His single banking internship paid off – he’s now set to join Stan Chart’s International Graduate programme. Chong is currently a ‘captain’ in the ‘Business Cohort Community’ at the Hong Kong University of Science and Technology and is studying for a Bachelor of Business Administration.
Lee is an incoming 2017 investment banking analyst at J.P. Morgan, according to his public profile. He’s been working his way up JPM’s ‘talent pipeline’ since last year, having done two internships with the firm. He also did a summer stint at UBS in 2014, his profile reveals. Lee studies business administration at the Korea University Business School in Seoul and has also been an exchange student at the University of Illinois, Urbana-Champaign.
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