Lujiazui is a newly emerging financial and trade center in Shanghai. It is only separated by a river from the Bund Financial Street, the Far East Financial Center that is well-known at home and abroad. The slowly flowing Huangpu River has witnessed the vicissitudes of this city for a century. There are many financial institutions here, including many multinational banks.
The Greater China and East Asia headquarters are located here.
NY Wall Street, the Financial City of England, the magical city of Lujiazui, Beijing International Trade Center CBD, and Xiangjiang Central, these places are the financial centers that countless financial students yearn for, and are the places where the legendary dream begins.
In these places, there are three types of companies at the top of the industry pyramid, namely asset management companies, reinsurance companies and investment banks.
To put it simply, an asset management company is a company that helps people manage assets. It is the largest buyer in the financial industry. It invests in all walks of life with the money in its hands to ensure the smooth appreciation of the assets under its management.
BlackRock Asset Management, currently the largest asset management company in the world, managed assets of US$4.5 trillion last year. The total GDP of Sakura Country, which ranked third in the world in 2015, was only US$4.8 trillion. It can be said to be a real asset management company.
Rich as a country.
Reinsurance companies accept insurance from insurance companies. When the insurance companies are afraid that their policies are risky, they can buy another insurance for these policies, and the service objects are insurance companies. (For example, Sakura Country bought insurance for the Olympic Games this time, and now
If it is postponed, Munich Re may pay US$500 million in compensation)
What is investment banking? A rookie investment banker asked. A senior practitioner took some rotten fruit and asked him: "How do you plan to sell these fruits?"
The rookie thought for a long time and said: "I will dispose of it at a discount based on the market price."
The senior shook his head, picked up a fruit knife, peeled and cut the rotten fruits into pieces, and made a beautiful fruit platter.
"In this way, it can be sold at a price dozens of times higher."
In layman's terms, peers are financial intermediaries whose service targets are listed companies or large enterprises. Their main business is IPO, refinancing, corporate restructuring, etc., with IPO as the top priority.
If a company wants to go public and raise funds, it also costs money. Various preparations in the early stage will cost money. Generally speaking, the issuance cost of a company's IPO accounts for about 10% of the funds raised.
Issuance costs mainly include intermediary fees, issuance fees, information disclosure fees, advertising fees, printing fees (you read that right, it is printing fees, it is very normal for an IPO to cost hundreds of thousands in printing fees), etc.
The bulk of this is mainly intermediary fees (investment banks, accounting firms, law firms). Investment banks’ income accounts for about 80% of intermediary fees, accounting firms account for about 15%, and the remaining part is from law firms.
cost.
The income in investment banks is high, and the threshold is naturally high. Countless graduates from prestigious schools have tried their best to get into investment banks. Every year during the graduation season, resumes fly like snowflakes to major investment banks.
Looking at the rush of people coming and going in front of him, Li Jie's leisurely walking style seems to be incompatible with this place. Today he is here to participate in the third and final round of interviews.
Morgan Stanley Huaxin Securities, commonly known as Morgan Stanley Huaxin, is the company where Guan Guan works. During the second round of interviews, Li Jie secretly peeked at the list of interviewees, and Guan Juer's name was clearly on the list.
Ten years passed by in a flash, and Li Jie completed high school, college, and graduate school step by step. Seeing that the plot was about to begin, he came to Shanghai and submitted his resume to Damo Huaxin.
Li Jie's undergraduate school is Shuimu University, and his graduate school is Stanford Business School, which is also the school where Su Mingyu (please substitute Xiao Mingyu) in All Good Schools attended. During school days, Li Jie walked on the specious campus, and Li Jie occasionally visited
Thinking of Su Mingyu, although there were only two worlds apart, in Li Jie's memory, hundreds of years had passed. When he returned to that world again, in Su Mingyu's mind, only a moment had passed.
"Why are you thinking so much? It's a good world to go to once this world ends."
After registering at the front desk, Li Jie got the temporary visitor's ID.
drop!
After passing the turnstile, take a few steps to the elevator door.
As luck would have it, an elevator in the middle happened to arrive, and people entered the elevator just as the elevator door was about to close.
"Wait! Wait!"
A long-haired woman wearing black-rimmed glasses shouted angrily. Li Jie stood at the outermost side of the elevator and pressed the door button.
The slowly closing elevator door slowly reopened, and the girl hurriedly ran into the elevator and smiled at Li Jie.
"Thank you!"
‘Guan Ju’er.’
Li Jie didn't expect to meet her here today, he smiled slightly and whispered.
"You're welcome!"
"Dip! Dip! Dip!"
A shrill alarm sounded from the ladder.
Overweight!
Seeing that the elevator door could not be closed, a woman dressed as a white-collar beauty spoke.
"Little girl, you are overweight. Why don't you wait for the next class?"
Guan Ju'er looked embarrassed. Her parents had spent a lot of favors to get this job, but after all, her parents were only middle-level managers, and their relationship was not strong enough to allow her to join the job without taking the exam. At most, they would just let others
Lower the requirements, otherwise graduates like her who are neither 211 nor 985 will not be able to get into the eyes of others.
She finally passed five tests and defeated six, reaching the final round of interviews. Today was the most important moment in her life, but this morning her roommate Qiu Yingying came to visit her aunt, and the pain was unbearable.
So Guan Ju'er accompanied Qiu Yingying to the hospital. After sending her roommate to the hospital, Guan Ju'er didn't even bother to accompany her to the hospital. She rushed to the interview location non-stop, hurriedly and slowly, and finally arrived a few minutes before the appointed time.
here.
There are a total of six elevators in the lobby of Huaxin Building, but the floor where Dalmore's interview is located is only accessible by two elevators. She glanced at the other elevator before entering.
Just left!
If you transfer to the next elevator, you will be late if you don't have all the guarantees, and it is self-evident what it means to be late for the interview.
Seeing Guan Ju'er's indifference, other people in the elevator couldn't help but speak one after another.
"Little girl, you were the last one to come in. Now the elevator is overloaded. Why don't you get off?"
"Yeah, yeah, I'm in a hurry for work!"
"Why are you like this little girl?"
Guan Ju'er, who had just walked out of school, had never encountered such a scene before. She couldn't help but lower her head in shame and subconsciously moved her body away.
Suddenly, a gentle male voice came into her ears.
"Wait, I see you are in a hurry, so let me go down first and wait for the next bus."
These words sounded like the sound of nature to Guan Ju'er's ears, like a ray of sunshine shining warmly in her heart.
Guan Ju'er raised her head and was stunned when she saw Li Jie's smiling face.
'So handsome!'
'Oh, Guan Ju'er, what are you thinking about! Why don't you thank me quickly!'
"Thank you! Thank you! Thank you very much!"
"You're welcome!"
Li Jie smiled slightly and walked out of the elevator slowly.