Is commercial banking internship experience something that investment banks look for knowingly

It's a wonder why some people mention investment banking is equal to Goldman Sachs Morgan. The so-called investment banking, mainland is actually the investment banking department of the brokerage firm. Foreign-funded can not get in, Nu efforts, domestic brokerage firms is not difficult to get in. In addition, domestic banks also have investment banking department.

So now the question is you say you want to enter the investment banking What exactly do you want to enter the high profile brokerage firms, or do you want to do the investment banking business.

If it's the former, then I personally don't think there's really a need to go into investment banking in case you're not short of money. The core departments of foreign brokerage firms and domestic big brokerage firms do have high recruiting requirements, but I think the most enjoyable positions in big brokerage firms are still the back office positions - risk control compliance finance. Quite a lot of money, average responsibility, not too busy, and a little bit of power 9 to 5 is the norm, not much overtime. Cost-effectiveness is really much stronger than some investment banking folk who work 110 hours a week. In addition, it is not very difficult to enter. Basically, a 985 master's degree + cpa + three years of experience in the Big Four is about right.

If it's the latter, I think in the case that you're not particularly bullish, much less have to stick to what JP Morgan Goldman Sachs Deutsche Bank. Might as well take the next best thing to a domestic brokerage house. For domestic brokerage investment banking business, have not heard of any as long as Beiqing Fuxiao. NPC, Nanda, Zhejiang University, Shanghai Finance, Wuda, Nankai, Xiamen University, Xijiaotong, Zhongshan, Central Finance, Foreign Economic and Trade and other schools in the domestic brokerage firms have a very rich alumni network, these schools are also basically the domestic brokerage firms target schools. I am one of them, and not in a first-tier city. This school graduated from the master's degree to go to the brokerage firms, although it can not be compared with the NPC, Shanghai Finance, but there are also a lot of it. At least half of them must be in investment banking.

In addition, the domestic commercial banks, there are also investment banking department. Many master's degree into the bank, for transfer opportunities, it is possible to go to the investment banking department of these banks. I know a master's degree in this school, a big four banks work for a few years, jumped to another city commercial bank investment banking department. There are many examples of successful transfer, or to seize the opportunity.