good investment banking jobs available

Asia and the Middle East The bad economy has also been felt outside of the United States. Markets in India, Dubai and China are all down substantially. But, nonetheless, there are relatively good investment banking jobs available. The reason is that regional economic growth is still positive. China, for example, is seeing a slowdown in growth rather than a recession (negative growth) as we are seeing in the United States. India has experienced massive industrial growth in recent years and governmental control of the economy has lessened. And there is increasing demand for banking services in the Middle East where capitalism has taken hold and many regional firms are starting to harbor global ambitions (always a good circumstance for investment bankers). The main reason that these markets are a good place to look for jobs is that there have historically been relatively few investment banks on the ground in these markets. The concept of paying fees to a financial intermediary to help with M&A or a financing is relatively new. A recent scan of the job board on Bloomberg showed numerous job listings in Beijing, Hong Kong, Mumbai and locales such as Tokyo, Jakarta and Kuala Lumpur (JOBS go - not available on the Web – you have to have a terminal to see the position listings – note: many schools have a Bloomberg and a terminal is available in the New York business library). There are a number of ways to break into these markets. The first is to apply directly through the various banks in the markets – this can often be done right off the banks’ web sites. The second is to go through the many recruiters that help find people in these markets. The third, of course, is to network directly. There is high demand for individuals with country knowledge, language (particularly Mandarin and Cantonese), higher education, industry knowledge, M&A skills and analytical skills. Sales and trading operations are popping up as well in India and China.