Tuesday, August 30, 2011

Back in Beijing baby!

So, since coming back to Beijing, my computer crashed - but thankfully I was able to salvage the valuable stuff like... eBooks, MSN chats and.. oh yeah, my school work too. Come to think about it, the MP3s, that was definitely important.

What's been happening lately? Not much. I've moved house, and found a new housemate. A pretty cool guy, who will definitely be a hit with the single ladies of Beijing. A few things about moving house, the rent in Wudaokou trends upwards fast in August, like reaaaally fast. Add on RMB500 per week that you haven't rented a place yet. I had to move out away from the main Tsinghua area because rent was just somewhat exhorbitant.

Aside from that, job hunting for a full time job starts ... about now. I have until December to finalize the people I'm contacting and deciding on what role I want. Once I'm done with that, I have several months to secure a full time offer that hopefull pays me a bit more than just subsistence and housing.

The new class is pretty cool. You guys should definitely check out some of the ladies that have been accepted, including the local students. As for the guys.... some are pretty ok, but nothing spectacular that I've met so far. Also, unfortunately, they don't really know how to party that hard.

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So Jaime asked

Hi, I am going at the end of the month to study at tsinghua, and I'm thinking about doing a MBA after finishing. Could you tell us something about job expectations after graduating (inside and outside China, sallary range once finished, or what kind of companies are interested in foreign Tsingha graduates?
Thanks and hope you find this topic interesting.


Hi Jaime

Job expectations inside or outside China largely depend on you - regardless of what you're doing. Having said that, I've mentioned previously that the top tier organizations for consulting and finance - McKinsey, Goldman etc. hardly, if ever, hire Tsinghua MBAs. But then we all know that the real money isn't exactly in doing consulting or finance. What you get really depends on how much legwork and ass kissing you do. I do know that a substantial number of students in my year received full time offers after their internships - so what might be pretty good new for you.

Salary range differs from individual to individual. If you're coming in with 1 year of experience, chances are that you're going to earn a lot less than somebody with 5 years of experience. Having said that, I think you would be able to earn upwards of RMB22,000 at least, well, hopefully that's the plan.

As for companies that are interested in Tsinghua MBA graduates, you may be able to look at manufacturing, niche consulting, second tier finance, some PE, some VC - though I don't think you get the holy trifecta of PE/VC/HF, again, depending on the role that you want. I think, possibly less on service organizations.... then again, I'm not 100% sure and I'll let you know in a few months time again.

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Don Omar ft. Lucenzo - Danza Kuduro

Friday, August 19, 2011

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