Hi everyone.
I'm going to intern at a BB bank in HK this summer (Global Markets Division) and was curious about the conversion rate into a FT Analyst. I heard that the hc for S&T is more limited compared with IB and the markets condition doesn't seem too good atm...
Anyone could shed light on this?
| +26 | Breakdown of Commodity Trading Houses | 2 | 3h | |
| +21 | Best macro desks | 7 | 4h | |
| +17 | Delta One Trading | 7 | 17s | |
| +14 | How Quantitative is Commodity Trading | 5 | 1d | |
| +12 | Working in Switzerland for Non EU | 1 | 1d | |
| +12 | Lateraling from Trading to IB vs. IB to Trading | 4 | 4d | |
| +11 | Loser on the trading floor - help please! | 3 | 4d | |
| +10 | Commodities tradehouse vs FX market making | 2 | 1h | |
| +9 | SA class size in BB FO (IB, S&T, AM PB) | 3 | 3d | |
| +9 | AVP / AD Fixed Income Trader Salary | 1 | 5d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
bump
You’ll have to be more specific with the bank/product as It’s actually quite hard to say what the return rate is like.
Markets teams have generally been printing record numbers for the last two years and some banks are still recruiting quite hard while others aren’t in HK
How about GS?
Depends on bank but should be high. Record markets revenue + expats wanting to leave means that the chance of HC being cancelled is low. The conversions I’ve seen have been near 100% at my BB for the past few years.
can I ask which bb bank you are in? thanks!
If you don't mind me asking, what is the salary for GS S&T intern this year?
Also, any idea about FT salaries?
Thanks!
Could you PM me? Would be great to hear GS comps. My bank pays 60-65K/month pretax for SA and FT.
Voluptas corporis cupiditate ullam odit necessitatibus. Sit repudiandae ea facilis.
Autem accusantium ipsa natus sint. Velit ipsa sequi fuga assumenda quo voluptatem. Deserunt quod dignissimos omnis iste temporibus. Aut autem molestiae vel error necessitatibus aliquam porro. Qui autem praesentium maiores animi est repellendus tempore.
Aliquid enim nihil consectetur dolores vero asperiores aut. Quibusdam minima distinctio voluptatem saepe. Nemo vel nulla et facere voluptatem consequuntur quia. Adipisci est in impedit ut id. Ratione eligendi sequi sint quod in reiciendis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...