IB in Asia (HK or SH)

<p>I am looking to work in Hong Kong or Shanghai after graduation. I just heard a friend's friend applied for GS Shanghai office somehow through a US office (I think it is NYC office)(this guy graduated from Brown). Anyone knows how this is working? How to apply for Asian offices through a US office? Is it doable only through NYC office? Or is it also OK with LA, SF, or Chicago offices?</p>

<p>Anyone please?</p>

<p>You should apply online on their website for that particular region/office. You can call the HR department of the particular office you are interested in and ask to speak with the recruiter who’ll guide you through the process. Also it would be helpful if you have a connection or two in these offices who can push your Resume through the stacks.</p>

<p>Thank you SSK. But what you mean has almost nothing to do with US offices. Directly contact the Asian offices I am interested in and probably get internships there. Is that what you mean?</p>

<p>Yes, contact them directly. I believe different regions have their own HR departments that handle recruiting for them. So, going through US offices for an entry level job in HK or Shanghai would be redundant. Higher level assignments(not entry/analyst level) are different.</p>

<p>SSK, thank you for your insights. But this friend I mentioned said Chinese universitiy graduates earn far less than those graduated from America. I do not know if applying directly would also lower my salary. I thought applying through US offices would make a difference.</p>

<p>Hong Kong & Shanghai/Beijing/Mainland China work very differently in the recruiting process and in payscales.</p>

<p>Hong Kong recruiting at all the bulge-bracket banks for US hires is usually centralized through the website. Internship application deadlines usually fall in early December preceding the desired summer, full-time application deadlines vary on a firm-by-firm basis.</p>

<p>Pay-wise, HK is one of the places that’s leveled to a “global” pay-scale (meaning that as an analyst or associate, pay matches what you receive if you worked in NY/LA/London, etc.)</p>

<p>Mainland China recruiting, while they do officially post opportunities on the website, are similar to the US-recruiting style in that you most likely filter in through on-campus recruiting that’s done in the top targets in China, or have directly approached contacts at the respective bank. The latter approach is what you need to do. I assume if you’re interested in the mainland you speak mandarin, so you should talk to them directly. There is no benefit in having an extra middleman.</p>

<p>I’ve never dealt with recruiting in the mainland, but I suspect the process is much more ad hoc, I would suggest reaching out immediately though to check on what is feasible.</p>

<p>Pay-wise, mainland china is lower (than it’s still pretty good when adjusted for CoL)</p>

<p>Applying through the US office to the Chinese office or directly approaching the chinese office will have no influence on your pay. It’s purely a function of whether the office is leveled off a global-set payscale or a local payscale.</p>

<p>There is a difference of applying through the US office and then going to Far East as an expat vs getting hired directly over there. If you were to get hired locally in Shanghai or HKG, you would get paid as a local with no housing or travel allowances as an expat. I do not know why anyone would want to be hired as a local.</p>