Wednesday, November 17, 2010

I am looking for a job the financial crisis

 Transfer from: field (China MBA) in the tragic experience of looking for a job on Wall Street!
Wall Street, enough to go around ah! development so that the Chinese students after graduation joined the Wall Street of efforts. his undergraduate and graduate students are majoring in chemistry, but he did not like chemistry, but then has a strong interest in finance. undergraduate period, he clearly planned his future, to decide on the securities industry. Therefore, he insisted to School of Economics to attend courses and related seminars economy.?
Sun Yat-sen in China, after obtaining a master's degree, a small brokerage to enter the domestic field a researcher. During the time he passed the shortest CFA (Chartered? Financial? Analyst, Chartered Financial Analyst), all examinations, made CFA qualifications. After that, he again Morningstar (Morningstar) had a short tenure,UGGs, access to work in the foreign qualifications. To be able to go to Wall Street, two years ago, he was far crossing oceans to the United States to study, she finally got this prestigious MBA degree in the United States.
study in the United States during the field has been a local investment firm in Philadelphia intern. In these two years,UGG boots clearance, his entire investment analysis programs overripe in mind, when the bull market cycle in the global stock market, so his confidence in the future after graduation. the field had the opportunity to stay in the practice of that company, but he thinks the company is too small, bent mm he is ready to Wall Street Well, all the elements into Wall Street, just need the opportunity.
luck .2007 helpless in August, the employment situation on Wall Street began to deteriorate, showing signs of the subprime crisis Gang, several major investment bank to start cutting people. This the situation continues to this day.?
September 15 this year, the New York State Governor David. Patterson said, by the investment bank Lehman Brothers Holdings Inc. and other financial institutions have emerged a number of crisis, Wall Street about 40000 employees lose their jobs. Meanwhile, the Wall Street financial institutions for the service industry will also suffer the impact of class position if these services are included, the number of unemployed could reach 120,000.
past downtown to the poor. Today, Wall Street, many people expression of anxiety, and occasionally still see . This week, he also directly to the New York investment companies had to write the message recommendation. cover letter has been sent hundreds of letters, the effect is not obvious, most of them came to nothing. It was also reply to emails, you can either say ; companies too small to please people MBA in China to stay on Wall Street already small, even fluent in English and then speak to a deeper and whites of communication, or difficult, and therefore competition is limited.?
unemployment in the Wall Street turmoil, the Chinese a few. One of the most uncomfortable people are just graduated and work near, they did not much savings, loss of work will be difficult to maintain their livelihoods. and life long work of the unemployed have economic base, boil a few years no problem, they either return to to school, or simply rest and wait for industry recovery.
However, Wall Street, a fund company executives said, Wall Street has been contacted a number of Chinese, I feel the urge to return them, but worry about more: The first salary, if that much difference is clearly unacceptable; second is worried about after returning to no avail, after all, the level of domestic financial industry and Wall Street still a big gap, if the home can not use their skills, a few years, I am afraid that will not keep up with changes in the international financial situation.
field development is now starting to return into account, his heart Operators with an account: just graduated from the MBA on Wall Street may get a $ 100,000 annual salary, the proportion of total income and wages are often less than half; in the peak period for 3-year MBA to reach 40-50 million in prize money dollars. Currently, the Wall Street salary was in fact not a lot of drop, mainly less money. If the return, the income difference will be relatively large. But if in the United States could not find work,UGG shoes, I am afraid the days not long endure, down, the money ran out. > Yesterday, I sent a field of information,UGG boots cheap, that he have an interview next week, going to apply for a small investment banking analyst positions, research in the U.S. listed Chinese companies. It appears that he still did not give up stay in Wall Street efforts! 

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