Who knows, maybe? We tend to stay away from “ranking” specific groups. And, frankly, after ~20 years of covering this topic, these types of discussions/debates have gotten a bit tiring (imagine writing about a single industry for that long).

Have heard GS FIG places extremely well into MF PE generalist roles. They attract all the top talent during IB recruiting and are not pigeonholed at all. GS FIG is 2nd to GS TMT.

If you can find a Restructuring role, sure. I do not really know how common/popular it is in HK or what options exist for it in Asia. My understand is that it’s less appealing than in the U.S. / U.K. because companies are more growth-oriented, even in downturns, so there aren’t as many opportunities.

If you can actually find a Restructuring role, yes, you should apply ASAP despite the limited exits because you do not want to be unemployed for long stretches if your goal is a long-term finance career.

Thanks Brian. How about RX in HK/Asia – intuitively it should be a great area to look at in current markets right? This is also one of the few spaces that Ioffer a pay raise. My question is – if I were to really get into RX with a better pay, would it be a sensible move considering its more limited exits? Thanks.

Sorry to hear that. Unfortunately, given the current state of the market, I don’t think there are too many great options within finance. Your best bet might be to go the corporate route for now and think about a corporate development or corporate finance or business development role at a financial institution in one of the sub-industries you worked in. I think winning a PE/HF role without currently working in banking will be quite a stretch, but corporate paths are possible.

Well unfortunately I’ve lost my job like many earlier this year, wondering what options do I have with the current market conditions. I’m a Hong Kong citizen but now PE / HF are all very quiet here as well hence the ask.

No idea really. I assume it is just a bit of the overall Goldman Sachs prestige spilling over into other industries. I’m not sure I would say that Goldman FIG is a “top group” compared to some others… since you will have more specialized/limited exits from any FIG team no matter what you do.

From 2013 through 2022, you’ve sent us about 20 separate emails via the BIWS help desk / contact form, purchased multiple products, and in each case, requested a refund. So, my question to you is: Why bother?

If you’ve already tried the BIWS courses and found they are not for you for whatever reason, why would you keep purchasing them? It’s just going to result in you not being satisfied, requesting another refund, and then sending us more questions.

I think you should find a course or training method that better fits your preferred learning style or find something closer to your current career.