Is it a good idea to accept a job to work for Goldman Hongkong if you want to move back to North America eventually? Given the current market condition, is it worthwhile to accept a job in Asia and gain some quality experience?
If I were you, and I thank my personal god each day, that I am not, I’d accept the job even if it were in Burma. From what I know about Burma, and it’s basically only from the latest Rambo installment…it’s not very good.
Thanks Turkish. Let’s focus on the question itself not me.
AssetMgrWannabe Wrote: ------------------------------------------------------- > Is it a good idea to accept a job to work for > Goldman Hongkong if you want to move back to North > America eventually? Given the current market > condition, is it worthwhile to accept a job in > Asia and gain some quality experience? To me this is much more of a question of whether you could deal with living in Hong Kong. Is it still a special economic zone with more rights than the rest of China? Could you live with the amount of freedom you would have there? You seem to be asking about the ability to move within GS. For the answer to that, you’d have to ask GS. In terms of the job market, this entirely depends on your ability to find openings in the US. If you can find a job at Goldman NY and you want to live in New York, why accept the job in HK? On the other hand, if the experience truly will be high quality, you can’t find jobs in the US, AND you’re content with living in China, I see no reason not to accept the HK job.
How is the compensation like? Is the pay in HK comparable to the US job?
It all depends on whether they fly you to the interview in business class or coach.
troll
Hockey, Have you been to HK? It’s as free as you want to be in the US, and some more! Hong Kong is not really the same as China. Don’t let the US media brain-wash you. What I can’t stand about Hong Kong is that it’s brutally HOT pretty much 8 months in a year.
l123study, How is the compensation like for an associate in a global bank like there? I heard there would housing allowance? Thanks,
AssetMgrWannabe Wrote: ------------------------------------------------------- > l123study, > > How is the compensation like for an associate in a > global bank like there? I heard there would > housing allowance? > > Thanks, No way, sorry buddy. Goldman doesn’t hire any associates who post “What are the top 5 investment firms” on an internet message board. Nice try, we all had a lot of fun, some laughter, some tears, and now your trolling is over.
When did I post: What are the top 5 investment firms???
I don’t work for IB’s so I don’t know if they provide housing allowances. But quite a number of other international companies do provide housing allowances for mid-to-upper level employees in Hong Kong if so happen they need you to relocate. I thought your original question was “if it’s ok to accept a job in Hong Kong” - it sound that you’ve gone through an interview and gotten an offer…didn’t they mention this to you in the offer?
Well I was interviewed for a NY job. It seems I didn’t do that well, now they ask me if I would consider Hong Kong. Because I have another offer (not GS) so I am debating wether I want to proceed with it.
l123study Wrote: ------------------------------------------------------- > Hockey, > > Have you been to HK? It’s as free as you want to > be in the US, and some more! Hong Kong is not > really the same as China. Don’t let the US media > brain-wash you. > > What I can’t stand about Hong Kong is that it’s > brutally HOT pretty much 8 months in a year. I didn’t say anywhere that I knew anything about Hong Kong. In fact, I explicitly stated that I don’t know anything about Hong Kong and that the decision depends entirely on what it’s like, because I don’t know. I know a lot more about Europe and North America than I do about Asia (specifically, one city in Asia). The US media has repeatedly tried, and failed, to brainwash me :-). See, I had no idea about the heat of Hong Kong. Now I know! Thanks.
AssetMgrWannabe Wrote: ------------------------------------------------------- > How is the compensation like? Is the pay in HK > comparable to the US job? Does that even matter? Does the job description even matter? All this time I was thinking that the determining factor for accepting a job or not was whether or not they flew you business class Based on what i’ve read of your posts, you are nothing but a drain on this message board. I don’t even know why your discussing GS, that seems like nothing more than a dream for you buddy.
Also, Do some damn research on vault or other sites about this stuff. Compensation figures are easy to find
talk to independent recruiters about compensation figures. they will be in a good position to advise. however i would caution that recruiters sometimes give a lower figure (esp. if they’ve got a potential job match hidden in the bag… easier to close the deal for them this way 
Just to give more insight into HK for those interested in it… I am from the UK and have lived in HK for 11 years. Here is a summary of my thoughts: Pros: The city is vibrant and hectic, just like NY Living costs to suit your needs: you can live and eat very frugally or expensively Still is considered a gateway to China Food is great Beautiful scenery: cityscape, hiking trails, harbour, outlying islands Alot of sun!!! Freedom of speech - despite what the western press says, I’ve NEVER had an issue with this… the HK government takes a very hands off approach. the government has permitted organised marches by protestors over issues as sensitive as the mainland-banned Falun Gung “sect/society”, government policy, Tianamen Square remembrance, etc. It’s a very safe place: it’s highly unlikely that you will be mugged, knifed or raped even if you are wondering around at 3am in the morning. Pleasant drunks - Chinese people don’t tend to drink as much as Londoners for instance. Even when they are drunk, Chinese people tend to be more civil than (cough cough) UK drunks… who unfortunately can end up randomly violent!!! Great for short trips to other Asian countries and resorts Cons: Pollution Inflation may be a problem - food prices up 20% in some case… property prices and rent can be quite high now Humid weather for half of the year… but you can always use the aircon!! Hope that is useful…
Man some nasty comments here on the board. Really no reason for it. Anyway, I went to HK for a 2week springbreak during my year in Japan. I really loved HK. Was more like a US city than Tokyo was. I could get anything there I could get in the US: movies, food, etc… so that you won’t have to worry about. I would take the offer in a heart beat. Expand a bit. Going to HK will be a great experience. I actually am hoping my company will send me there in a year or so. Wilier sums HK up pretty well. Its hot, hectic, but can be very fun and different. Very safe. Is there any particular reason they asked you to go to HK? Speak Mandarin/Cantonese???
Turkish Wrote: ------------------------------------------------------- > If I were you, and I thank my personal god each > day, that I am not, I’d accept the job even if it > were in Burma. > > From what I know about Burma, and it’s basically > only from the latest Rambo installment…it’s not > very good. Nice. Referencing two classics, Wall Street & Rambo!