<p>does anyone know about the process of getting a SA and then a FT position at a BB in HK/spore, while studying in the US?</p>
<p>Getting into offices in Hong Kong and Singapore is generally considered easier than getting into ones on Wall Street. Consult with your college's career office for specific info.</p>
<p>difficulty level is as follows from my knowledge off of this forum</p>
<p>Toronto>NYC>HK
not sure where london falls into this</p>
<p>I say NYC>HK=Singapore=London>All else, based on what I learned from my college's career office.</p>
<p>A grad with degree and good grades from an elite US college can get a position in Toronto with ease. However you will find very few of those grads looking for ibanking positions in Canada. Competition in Toronto is fierce among grads of Canadian schools because few positions are available.</p>
<p>Yes it's very possible. Especially for Singapore since many of its bankers are Singaporeans who have degrees from the US and UK.</p>
<p>Difficulty:</p>
<p>Toronto>London>NYC>HK>Singapore</p>
<p>However this says nothing about compensation. You can probably afford the best lifestyle as a banker in HK. In London you get paid more than in Toronto, NYC and other cities, but the cost of living is generally higher as well. People who tend to rank NYC as the most competitive in terms of IB jobs tend to be people with little or no experience living and jobhunting in other countries, imo.</p>
<p>nauru-
Saying Toronto>NYC in difficulty is like saying it's harder to get into Cooper Union (10% admitted) than Caltech (17% admitted), which is a very flawed argument that ignores the overall strengths of the application pools. NYC, HK, Singapore, and London are much more self-selective than Toronto. Let's face it. A grad from a second rated American school would get laughed at by resume readers in NYC when he or she can get serious consideration in Toronto. A sharp grad from Princeton (for argument's sake since the OP mentioned college in US) is going to have a much easier time getting a top entry level position in Toronto than in NYC.</p>
<p>Have you actually job hunted in the banking sectors of other countries? No? Well I have and so have dozens of my American, Canadian, British, and Asian peers.</p>
<p>A second tier US degree will get you nowhere on Bay St. Even from a top US school it is not easy. In NYC there are enough places to be filled that at BBs you commonly find 2nd tier schools (and even 3rd tier schools) in the analyst classes. In Toronto there are so few places available that they are easily filled by students from the best schools.</p>
<p>You will see when you start working, GS/MS//ML/LB actually have a lot of people from non-reputable schools. However small lesser known boutiques will often be staffed by only ivy league grads (or grads of ivy calibre schools).</p>
<p>It may seem counter-intuitive but that's how it is. Sorry to burst the bubble of any folks on this board who thought NYC was the ultimate, most competitive, most desirable and difficult place to get into banking in the world.</p>
<p>nauru-your posts are very elitist in nature. NYC BBs are filled with 2nd tier schools because there are a lot of smart grads from those private and state schools. Who said smart youths only go to elite schools? In Toronto, the students from top schools who filled the offices are often not the brightest at their schools. Many of them couldn't get a job on Wall St.
Don't make claims you can't substantiate. And, if you didn't attend American colleges, don't slight them.</p>
<p>Nah, I'm not elitist; the boutique banks tend to be though. I'm not slighting any American schools by saying there are second and third tier schools represented. That's the truth, and there's nothing wrong with anyone having attended those places. I certainly didn't do undergrad at a school that anyone would consider "1st tier". In NYC it's not always the brightest who get the jobs either, even at BBs. Yes there are a lot of bright people working there, but from what I've seen I definitely doubt they are the brightest. There's more to it than that. </p>
<p>It seems as though you are slighting Canadian schools and Bay St, as you refuse to accept that it could be more difficult to land a banking job there than on Wall St. </p>
<p>May I remind you that your source is some college careers service. My sources are BB HR departments, and people working at BBs across North America, Europe and Asia.</p>