China ER: UBSS GTP vs. CICC Research

Hi everyone,

I am a fresh graduate in Shanghai. I am lucky to receive offer from research junior position from CICC (base in BJ, my team will cover HK stocks and US-listed stocks) and UBSS(JV of UBS in China, base in Shanghai, covering A-share), and I am making a tough decision here.

Could someone throw any opinions at me? I am curious about exit ops, exposure, comp(CICC would be ~300k in terms of total pack pre-tax, UBSS GTP - no idea), hours....

Thanks in advance! =)

 

Oh btw, CICC might not grant me with HUKOU of Beijing( which is somehow like City ID that give you access to city's public services, allows you to purchase properties and allows your children to receive public education, China-specific problem). UBSS might be able to help with HUKOU of Shanghai.

 

Hi everyone!

Coming back after 4 yrs - I chose CICC at the end and it's my fourth year in CICC now. I never regret - although UBSS starts at better packs (~480k of base, bonus unknown, should be minimum), CICC definitely has better imfluence in Greater China area, esp. in China stocks (A+H+US).

Just coming back with some quick upates and hope this help new comers.

Thx all for the help!

Zhonghai-Yu:
Hi everyone,

I am a fresh graduate in Shanghai. I am lucky to receive offer from research junior position from CICC (base in BJ, my team will cover HK stocks and US-listed stocks) and UBSS(JV of UBS in China, base in Shanghai, covering A-share), and I am making a tough decision here.

Could someone throw any opinions at me? I am curious about exit ops, exposure, comp(CICC would be ~300k in terms of total pack pre-tax, UBSS GTP - no idea), hours....

Thanks in advance! =)

 
Most Helpful

Magni et nihil atque voluptatem aut expedita beatae. Nostrum sed nulla iusto sint. Aliquid tempora atque molestiae ea.

Corrupti quod voluptas qui et rerum. Maiores officiis nostrum commodi quia ab animi voluptas. Id corporis quod expedita. Officiis nulla ad illo qui. Et sunt non est molestiae dolores ad. Eveniet itaque dolor expedita eos placeat nihil.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (206) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
DrApeman's picture
DrApeman
98.8
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”