How do international students enter Wall Street for internship in the United States?

Studying in the United States and working on Wall Street is the dream of many international students in China. High-end office buildings, annual salary of hundreds of thousands of dollars, and the magic of fast-paced life in suits and ties, graduates rushed into this narrow strip of Manhattan Island to pursue their career dreams. In the past, interns were always regarded as cheap labor for scanning and copying, but now more and more banks and accounting firms regard interns as important potential employees. Especially in the American economic crisis in the past two years, Goldman Sachs Group and the four major accounting firms (Deloitte &; Well said, Ernst & Young. Young KPMG Certified Public Accountants. PricewaterhouseCoopers employs more insiders: in Goldman Sachs, 90% of recent employees have done internships in the company before, compared with 58% last year; In 2009, 9 1% of the new employees of the four major accounting firms were interns, while in 2008, the proportion was only 7 1%. It can be said that an internship on Wall Street is a prerequisite for a successful full-time employee. How can I practice on Wall Street? For example, the following are the recruitment requirements of JP JPMorgan Chase (but I spent a lot of time getting internal information from an alumnus): * GPA minimum requirement 3.2; * Junior undergraduates in the target school (core school); * Relevant internship experience; * Proficient in an Asian language, so what is a core school? These financial giants like to hire graduates from elite schools. What's more, they will limit the list of schools to a few that provide mature business and financial training. This is the so-called "target school". Assistant Recruitment (Postgraduate) * Columbia Business School Columbia Business School * Chicago GSB Chicago Business School * Kellogg Business School of Kellogg Northwestern University * Wharton Business School * Yale SOM Yale School of Management Analyst Recruitment (Undergraduate) * Columbia University Columbia University * Harvard University Harvard University * London School of Economics * MIT * new york University new york University * Oxford University * Cambridge University * University of Chicago * University of Pennsylvania If your school is not on this list, Many large companies have recognized target schools, but they still go to famous schools that are not on their target schools list to give presentations. Of course, investment banks like those students who have studied finance at school, but they also know that there are other equally excellent and talented students in these schools. For example, it is not uncommon for students from top liberal arts colleges to work in investment banks such as JPMorgan Chase, Goldman Sachs or Morgan Stanley. Morgan Stanley is currently the CEO of China and graduated from Amherst College. If you want to stand out from the competition among a group of elite students, the first step is to start reading (please refer to helpful reading); In the last part of my article); In addition, you should often browse the website of the school employment center to get the latest information of seminars, as well as the guidance of interviews, cover letters and resumes. Now I ask a question: Can you clearly point out the differences between the following financial departments? * Corporate Banking Corporate Banking * Wealth Management Wealth Management * Investment Banking (i-banking) Investment Banking * Private Equity * Hedge Funds * Venture Capital Most interns in venture capital companies need to be sophomores or juniors, so relax and take a deep breath now, and you still have enough time to plan for yourself. Start early and work hard-you can do it too. Useful reading 1. Wall Street Journal Wall Street Journal-a provider of global political and economic news. 2. The Economist, the best economic magazine covering the most important events today, is also the best reading for academic professors, corporate lawyers, investment bankers and politicians. 3. "Poker for Liars" and "Poker for Liars"-recognized masterpieces describing Wall Street culture in the 1980s, the author michael lewis graduated from Princeton University and worked for salomon brothers Company. The book expounds many unknown skills, tricks and means in the investment field of Wall Street, and reveals how to understand the ups and downs of Wall Street and gradually master the investment trend, so that readers can have an empathetic experience. 4. "One of the Experiences of Wall Street"-author Peter? 6? 1 Lynch graduated from Wharton business school with an MBA and studied at 1977- 1990 Peter? 6? During the period of 1 year when Lynch was the manager of Magellan Fund, the assets managed by the fund increased from180,000 to1400 million, with an average annual compound interest of 29.2% during 13 years. This is an excellent introductory book on investment. 5. Black Swan-a book about the influence of unpredictable random events on human thinking. Nassim Taleb is a new financial investor in the 2nd/Kloc-0th century. He is also a professor in many universities, including Oxford University and new york University. Bole solemnly promises to study abroad: there is no reason to refund the fee in full for 48 hours! -Rational contract signing and transparent service. If you don't succeed, get a full refund and then pay for the loss! -professional self-confidence, self-confidence guarantees success! "One get one free" in studying abroad-buy the present, send it to the future, and study abroad without worry for a lifetime. Escort the whole process of studying abroad at a young age-humanistic care and parents' peace of mind. You are excellent, I'll pay! —— Successfully apply for a world-renowned school, and all service fees are free!