King of Capital

Chapter 3: A Guide to Career Advancement
"Brother Martin, are you also attending the interview?"

Xie Jingxing was standing by the wall and listening. A boy with a bowl cut and a backpack who looked a bit silly came over and said hello: "Aston Martin, blue supercar, I just parked in the parking lot. I'm behind you."

These days, Sharp Brother and Big Coat Brother are very popular, and "XX Brother" will be the Internet buzzword ten years later.

He spoke at a normal volume and several friends who were chatting on the sofa in the reception area cast their eyes at him.

The girl who graduated from the University of Edinburgh stood up and asked, "Which university are you from? I am from the University of Edinburgh."

"Hello, I'm from UCLA (University of California, Los Angeles)."

The pot-covered man stretched out his hand from a distance of two or three meters, then came to his senses and waved his hand to his shoulder.

"Another academic master. UCLA is ranked in the top 50 in the world. It's over. I'm even more nervous."

The Edinburgh girl said she was nervous, but her body movements were very natural and her eyes looked around with ease.

Xie Jingxing nodded slightly and said, "Columbia University."

As the final sign-in time approached, while the three were talking, several new graduates came for interviews. Seeing that the time was almost up, the administrative girl at the front desk led them into a meeting room with a sullen look on her face.

The conference room was quite large. After a quick count, there were nine people sitting inside. Including the newcomers, there were a total of twenty people.

There were twenty people in the crowd, quite a grand occasion.

This means there should be other group interviews, and there will be more than just these people participating in the show, including experts!
The administrative girl at the front desk said, "Wait a moment, your interviewer will be here soon" and disappeared. While waiting, everyone in the meeting room unknowingly split into four groups.

The returnees gathered around the Edinburgh girl, chatting and laughing in a mixture of Chinese and English, discussing sports, travel, and shopping; the graduate students from Peking University spoke English with two Chinese from the National University of Singapore and Hongkong University, discussing national affairs and laughing from time to time.

Two Fudan undergraduates were whispering with other brothers and sisters who introduced their academic qualifications vaguely, saying something like C9 and Huawu are one family, and I also used "Stancom" and other incomprehensible words, like a team building for crazy people.

And Xie Jingxing was still standing by the wall, wandering around.

"Why don't you sit down?" The guy with the pot-cut hair took the initiative to strike up a conversation.

Xie Jing Xing explained in a low voice: "I ate too much breakfast."

"..."

The guy with the pot-cut hair was speechless. He silently put on his backpack and stood by the wall.

Xie Jing Xing asked in confusion: "Why don't you sit down?"

"I didn't have breakfast and my stomach hurts." The pot-cut guy explained insincerely.

He doesn't understand other industries. As far as the financial industry is concerned, it's useless to fight. If you want to survive in the industry, you need power.

Driving the new Aston Martin DBS supercar, academic background, internship experience, etc. are no longer important. It is very likely that you will beat the other 19 people in the room and pass the final interview just because your left foot steps into the conference room first.

The pot-head in the financial circle made up his mind to do whatever Xie Jingxing did, just in case he could get away with it by taking advantage of the popularity, making sure he made a profit!
The two stood by the wall like they were being punished. The girl from Edinburgh was also smart. She quickly noticed the situation and stood up and walked over. The few sea turtles around her realized what was happening and wanted to follow but were too embarrassed to do so. They hesitated and hoped that the interviewer would wait until after get off work to come back in the evening, so as to tire the bastard driving the Martin to death.

You're from Columbia University, you drive a supercar, and you stand in the corner like a maverick. You're the only one pretending.

After all, we are sea turtles who have spent tens of millions of dollars to study away from home for two years. We have just returned to China to enjoy the treatment of superiors for a few days, and now we are cannon fodder. If we don’t go abroad to gain experience, we are cannon fodder. If we go abroad to gain experience, and then come back to become cannon fodder again, then isn’t it a waste of time to go abroad? !

The Peking University graduate student and the two Chinese Americans laughed even louder, disdaining the subtle atmosphere here. Columbia University graduate students are notoriously poor, anyone with money can get in. They are just second-generation rich people, and may not even speak fluent English.

Relying on your father is not a skill. I am a Nanfu energy-gathering ring. One section is stronger than six sections. With the pen and knife in my hand, I may be able to cut a road to the sky.

The patient exchange group, led by two Fudan undergraduates, was not surprised by this and happily shared their experiences on which bank's branch had the best air conditioning.

After all, we are all top students from key undergraduate universities, and being a lobby manager (security guard) also has requirements for the working environment. It is midsummer now and the weather is hot!
The sea turtles' wish was not fulfilled, as the interviewer soon arrived and waved to Xie Jingming's three-person group in the corner to sit down.

"Hello everyone, I am your interviewer Su He, the Internet Industry Director (MD) of the Mergers and Acquisitions Department of Juntai Securities' investment banking business line."

The interviewer, Su He, was a thin woman in her mid-thirties with well-maintained skin. She spoke crisply and with great aura.

MD is a unique job grade system in the financial industry. In many cases, a junior analyst, who is equivalent to an employee washing dishes in a state-owned enterprise cafeteria, needs to mobilize the authority of the department manager level to perform normal work.

If you follow the regular job system, you would just write a report and apply for permission, and you wouldn't have to do anything every day just go through the approval process.

Secondly, the financial industry faces clients and partners who are often wealthy social elites and successful people. When dealing with a client worth tens of millions, you can introduce yourself by saying: Hello, boss. My job level is equivalent to that of a dishwasher in our company's canteen.

It sounds bad. If someone feels that they are not valued, you can't tell them:
I'm sorry, we are each doing our own thing, and your little money is only enough to order me around. If you want my leader to come forward, you might as well reflect on whether you haven't worked hard enough in these years. Others have billions of dollars, but why are you only worth tens of millions?

To put it another way: Hello boss, I am the project manager (SA) of a certain department of Juntai Securities.

The level of status and class instantly changed, although the job level was still equivalent to that of a dishwasher.

Since the MD job grade system is an imported product from abroad, the general framework remains unchanged when introduced into China, but the specific details vary from brokerage firm to brokerage firm. The entry level at CITIC is SA, while the entry level at more simple and poor brokerage firms is AN.

Generally speaking, they can be divided into five levels: Analyst/Project Manager (A/SA), the lowest level brick-moving workers, with an annual salary plus bonus of around 300,000 yuan. The fluctuation range can be large or small, and the income is affected by performance.

After working normally for three to five years, you can almost be promoted to Vice President/Senior Vice President (VP/SVP), which is actually a migrant worker team leader, managing several analysts. The annual salary plus bonus fluctuates up to 500,000 yuan.

If it fluctuates downward, you either need to talk to your leader or your leader will soon call you in for a talk. At this point, you can no longer wait to get promoted.

After working at the VP level for two or three years, you can be promoted to director/executive director (D/ED) if you can. If you cannot, you can consider changing jobs. The next step up is managing director (MD), who is definitely one of the top bosses of the department and has basically been in the industry for more than ten years.

An MD from a leading brokerage firm like Juntai, if placed in a martial arts novel sect, would be a local lord if sent abroad, while if he jumps to a medium-sized sect, he would become a partner-level elder.

Su He served as the final interviewer, which shows how much Juntai values ​​the variety show "Shining Offer".

(End of this chapter)