Chinese students pay agents US$12,000 for shot at Wall Street

Source: South China Morning PostGetting 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 US$12,000 or more to help students land internships and eventually jobs at Wall Street powerhouses such as Goldman Sachs Group and Citigroup.The programmes offer an inside track to…Read More

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