Comments on: Investment Banking in Canada: Promising Career Launchpad, or Wintry Wasteland to Avoid? https://mergersandinquisitions.com/investment-banking-in-canada/ Discover How to Get Into Investment Banking Thu, 13 Jul 2023 15:23:33 +0000 hourly 1 https://wordpress.org/?v=6.2.2 By: M&I - Brian https://mergersandinquisitions.com/investment-banking-in-canada/#comment-808082 Thu, 13 Jul 2023 15:23:33 +0000 https://mergersandinquisitions.com/?p=34065#comment-808082 In reply to anonym.

It is harder to win offers as a Canadian citizen, but the TN-1 visa helps a lot and gives you an advantage over applicants from most other countries because it’s much easier to get and less random than the H1-B visa. In practice, a good number of Canadian students do go to the U.S. for IB offers, and Canada is easily the most common country of origin in U.S. IB roles among non-U.S. citizens.

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By: anonym https://mergersandinquisitions.com/investment-banking-in-canada/#comment-808057 Wed, 12 Jul 2023 17:38:38 +0000 https://mergersandinquisitions.com/?p=34065#comment-808057 Awesome article!
How much harder would it be for a Canadian citizen to get hired in the U.S? Wouldn’t American banks prefer to hire American citizens so they don’t have to bother with getting them a work visa?

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-in-canada/#comment-766034 Wed, 12 Oct 2022 17:37:15 +0000 https://mergersandinquisitions.com/?p=34065#comment-766034 In reply to Jake1223345.

Thanks for adding that. I hesitate to write that one specific group or region has “the worst” hours or culture because these things change over time, and some of it is subjective and team-dependent. But yes, some groups are known for being consistently worse than others.

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By: Jake1223345 https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765920 Mon, 10 Oct 2022 03:05:54 +0000 https://mergersandinquisitions.com/?p=34065#comment-765920 BMO metals & mining and the Calgary IB scene have atrocious hours (RBC Calgary may be the worst group of all time hours and culture wise).

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By: Md. Ashraful Malek https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765657 Sat, 01 Oct 2022 18:56:53 +0000 https://mergersandinquisitions.com/?p=34065#comment-765657 I get it. Thanks Brian.

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765649 Sat, 01 Oct 2022 13:43:54 +0000 https://mergersandinquisitions.com/?p=34065#comment-765649 In reply to Md. Ashraful Malek.

First, it is virtually impossible to work in Hong Kong unless you are a citizen of China with native-level proficiency in Mandarin Chinese. So that already eliminates everyone except for students from China.

Even if you had that proficiency and citizenship, however, HK would be far worse than the U.K. because there are fewer good buy-side roles there, working conditions are terrible, and HK is now under the complete control of the Chinese government, which means endless surveillance, quarantines, no privacy, etc.

So for 99% of people, the U.K. wins this easily. The only exception might be Chinese students who really want to return and work in that region in the long term.

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By: Md. Ashraful Malek https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765614 Fri, 30 Sep 2022 10:13:30 +0000 https://mergersandinquisitions.com/?p=34065#comment-765614 If you had to choose between UK and Hong kong to launch your IB career which one would you go for, given the fact you want to come in the U.S for buyside in the long-term

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By: M&I - Brian https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765562 Wed, 28 Sep 2022 18:02:54 +0000 https://mergersandinquisitions.com/?p=34065#comment-765562 In reply to Thomas Shelby.

Thanks. I’ll see what we can do (I believe several previous interviews have mentioned the process or explained some of the points but haven’t gone into detail).

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By: Thomas Shelby https://mergersandinquisitions.com/investment-banking-in-canada/#comment-765560 Wed, 28 Sep 2022 17:44:03 +0000 https://mergersandinquisitions.com/?p=34065#comment-765560 Thanks Brian, great stuff. Have been waiting on this for a while.

I’m a current Canadian undergrad here looking for a career in US. Could you please make a guide on obtaining US sponsorships, for people that want to work in the US?

Appreciate it!

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