Hong Kong Investment Banking (1 Viewer)

[Rorix]

gotta love the chinese new year


anyone got any idea on remuneration levels for 1st year HK grads?

Wall St standard + housing

 

[jase_]

on a whim... but probly 1 million HKD, or double lawyers' remuneration. ><

That's almost $160k...pretty good =p. $1mill HKD sounds like so much though!

 

[turtleface]

on a whim... but probly 1 million HKD, or double lawyers' remuneration. ><

When I saw 1 Million HKD I thought "oh shit! bullcrap." but then I realised that a grad accountant there gets like 10,000 HKD a week which equates to about half a million a year, so it seems reasonable

Wall St standard + housing

read: sleeping bag at the office

lol nah just joking I don't know

 

[Omnidragon]

When I saw 1 Million HKD I thought "oh shit! bullcrap." but then I realised that a grad accountant there gets like 10,000 HKD a week which equates to about half a million a year, so it seems reasonable



read: sleeping bag at the office

lol nah just joking I don't know

Did you mean $10k HKD per month, as half a million HKD is around $84k AUD.

Re $1m HKD, I know it's more. It's also more here.

Edit: nvm missed your joke

 

[Newbie]

10k a month? nah thats way to low

 

[Omnidragon]

haha i'm not bsing you mate. hk grads are not in good shape. you're thinking stuff like ibanks and magic circle. they get paid well and probably went to overseas unis.

but there's that dood who, for eg, went to cityu and got an entry accounting role at Cheung & Associates. he's probably on 10k per month. he probably works from 8 am to 8pm too.

in australia the guy who went to, for example, vic uni and ended up with an entry position at Johnson & Partners probably gets paid 35k per annum. bet he works from 9am to 4pm.

 

[noneother]

all the people i've spoken to who were vac ib'ers hated the job, it was stressful and hours sucked.

 

[Newbie]

damn honkies lol

i would have though big4 accounting would have comparable pay at least
and my chances of ib and magic circle are pretty slim hehe

 

[velox]

not too hard to move from big4 to good us law firms. seen it done recently with decent academics.

 

[Newbie]

i think i just got offered by a hk ib lol

 

[ND]

Congrats. When do they start over there?

 

[Newbie]

mid next year
lots of summer and winter courses at uni from now on =/

 

[Frigid]

me so jealous

 

[lizbon]

congrats newbie, i'm sure u'll have fun at ML.

 

[mr_shittles]

i think i just got offered by a hk ib lol

Newbie, I just heard from my snouts in Merrills. Congratulations mate, well deserved.

 

[rawfromearth]

Why do you like to work in Hong Kong ? Are you from Hong Kong or any reasons ? I'm from HK, I can just tell you that if you have already prepared yourself to work in long hours every day, then this is the excellent place for you. You could earn money easily, shopping easily, many yummy foods around. You would never feel bored in this city.

The bosses or supervisors in Hong Kong do not like their staff to take day off.

 

[§eraphim]

i think i just got offered by a hk ib lol

Congrats. So this is a grad position at ML? Is there training in NY/London?

In general, is it easier to get an offer when applying for the grad program as compared to intern in IB?

 

[Rorix]

I'm from HK, I can just tell you that if you have already prepared yourself to work in long hours every day, then this is the excellent place for you. ...

The bosses or supervisors in Hong Kong do not like their staff to take day off.

and i don't think shes even talking about IB


whats the offer for Newbie, IBD? If so do you mind posting the base+signon? Also do you get any housing?

 

[Newbie]

hehe thanks lads

yeah its ibd
dunno the pay since i dont have paperwork but the dude said its standard nyc pay+signon + housing allowance per month

i dont know if its harder getting grad or summer since the only summer inteview i had was some half assed effort last year with ms when i didnt even know what EPS was

you're better off having big chief shittles or ND answer you on that

 

[Frigid]

dunno the pay since i dont have paperwork but the dude said its standard nyc pay+signon + housing allowance per month

the housing allowance should be very helpful ^^