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Chinese students paying thousands for a chance at Wall Street We’re sorry, this service is currently unavailable. Please try again later. Dismiss April 14, 2021 — 9.05am Normal text size Advertisement Getting a shot at a coveted investment banking or finance job is a cut-throat, and sometimes controversial, business in China. Career consulting firms have mushroomed in recent years, enlisting what they say are thousands of finance professionals to help open doors to students who can afford it. Firms are charging $US12,000 ($15,700) or more to help students land internships and eventually j...

Chinese students pay agents $12,000 for inside track to Wall Street Sorry, but your browser needs Javascript to use this site. If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ Career consulting firms have mushroomed in recent years, enlisting what they say are thousands of finance professionals to help open doors to Wall Street for students who can afford it. | REUTERS Bloomberg Apr 14, 2021 Getting a shot at a coveted investment banking or finance job is a cutthroat, and sometimes controversial, business in China. Career cons...

Career consultants in China charge students $12,000 or more to help them get Wall Street jobs. One agency called Wall Street Tequila is said to charge the highest fees, Bloomberg reported. The practice leads to concerns that not all societal classes have access to the same opportunity. Getting a top financial job with one of  Wall Street's big firms is something the well-off value immensely in China. Talent consultant firms in the country have been recruiting finance professionals to assist rich students secure internships and full-time jobs with Wall Street titans, according to a recent Blo...

MONEYWEB LIVESTREAM Career consulting firms have mushroomed in recent years. By Bloomberg News 14 Apr 2021  07:16  Image: Michael Nagle/Bloomberg Getting a shot at a coveted investment banking or finance job is a cutthroat, and sometimes controversial, business in China. Career consulting firms have mushroomed in recent years, enlisting what they say are thousands of finance professionals to help open doors to students who can afford it. Firms are charging $12 000 or more to help students land internships and eventually jobs at Wall Street powerhouses such as Goldman Sachs Group and Ci...