I Am the President of the University

Chapter 505 Meeting with the SVP of Goldman Sachs

"Then I'll call you Junior Brother Chen?"

Huang Lan raised her eyebrows and smiled. In terms of status, Chen Hao's status was naturally far superior to hers.

It's just that the other party called her Senior Sister Huang instead of Manager Huang or Miss Huang. This attitude has already explained a lot.

"I'm sorry for disturbing you by choosing to meet today." Chen Hao said apologetically.

Then he looked at this senior sister who graduated a few years earlier than him.

She was of average appearance and wore casual clothes today. As for the makeup on her face, it was obvious that it was carefully applied.

But Chen Hao noticed that Huang Lan's makeup was hard to hide her tiredness.

Thinking of what he had heard about the investment banking department of Goldman Sachs before, an idea was finalized in his mind.

"That's nothing. If Junior Brother Chen had made an appointment not today but tomorrow or the day after tomorrow, I'm afraid I wouldn't be able to keep it." Huang Lan smiled bitterly.

"Why is that? Isn't the New Year's Day holiday three days?" Chen Hao asked in confusion.

"That's under normal circumstances." Huang Lan shook her head, as if she was sighing, "Outsiders only see the high salaries in the financial industry, but who knows the blood and tears of investment bankers."

"The IT industry is complained about as 996, eating the young, but is our financial industry easier than IT?"

Listening to Huang Lan's words, Chen Hao thought of what he had heard before, and asked curiously: "I saw a survey report before, saying that the median working hours of your Goldman Sachs investment banking department employees are 105 hours a week, the average weekly working hours are 98 hours, and the average daily sleep time is 5 hours. Are these true?"

At the end of the speech, Chen Hao looked at Huang Lan.

He was still quite curious about this topic.

Huang Lan nodded and admitted it.

"That's right, but this is the first two years after joining Goldman Sachs. It will be better after you get through it."

Hearing Huang Lan's words, Chen Hao couldn't help shaking his head.

There are always some naive netizens in China who think that foreign countries pay attention to human rights and rush to join foreign companies.

As the world's top investment bank, Goldman Sachs has been used to staying up late and working overtime. Basically, employees of Goldman Sachs' investment banking department can't go to bed until 3 a.m.

Note that the Goldman Sachs investment banking department here is not just the China region.

Of course, the salary of Goldman Sachs' investment banking department is indeed high.

But it is not what Zhihu casually said that you can get an annual salary of one million as soon as you join.

Generally speaking, the job sequence of investment banks is: analyst (an) → associate (a) → vice president (vp) → (svp) → director → managing director (md) → partner (partner) → cxo.

There are eight levels in total. Most students from prestigious universities become analysts after their internship period.

Associate is translated into manager in Chinese, which is actually an analyst who has worked for 2-4 years or has joined the company after graduating from an MBA in a business school.

In fact, vp (vice president) is the middle management level, and md (managing director) is the senior management level.

Many years ago, when foreign investment banks first entered China, there was a joke.

A foreign investment bank negotiates business with the Big Four Banks, and then the other party sends a VP, and the Big Four Banks have to send a vice president to show equality.

After making a few embarrassments, I found out that the other party's VP is translated as vice president, but in fact it is a middle-level manager, equivalent to a section chief.

This is very embarrassing...

A vice president is asked to receive a section chief.

To make a more direct analogy, it is like everyone in a barber shop is a director, which sounds scary.

So don't look at Huang Lan's level as SVP (senior vice president), but in fact it is just a middle-level leader, and there is still one director away from the top.

In terms of income, in China, foreign investment banks + CICC are the first echelon, CITIC Huatai is the second echelon, and I won't talk about it later.

The first echelon gets about 400,000 to 600,000 a year after entering, and it takes more than 3-5 years to get an annual salary of over one million.

On Zhihu, there are people who get an annual salary of one million as soon as they enter the top investment banks. That's bragging and nonsense!

At Huang Lan's current level, her annual income is about 1.5-3 million. The fluctuation is large because the financial industry relies more on bonuses, and when the industry is in recession, the income will drop sharply.

Chen Hao did not beat around the bush and looked directly at her.

"I met with Senior Huang today to ask if she has any plans to move?"

"What do you mean?" Huang Lan asked without changing her expression.

Chen Hao straightened his back and said seriously: "It's like this. In order to recommend Guangxin's research, I plan to set up Guanghua Venture Capital to acquire or invest in some entrepreneurial companies with development potential in the optoelectronics and chip fields..."

On this matter, Chen Hao spoke out all his thoughts eloquently.

Huang Lan nodded from time to time as she listened. She was indeed interested in what Chen Hao said, but...

"But why should I leave Goldman Sachs and go to Guanghua?" Huang Lan looked at Chen Hao with interest.

She wanted to see how Chen Hao would answer.

One is a world-class investment bank, and the other is a newly established venture capital company.

Not to mention her education and abilities, she is already an SVP at the age of 32. After another 3-4 years, she will be promoted to director, and then she is expected to become a managing director, that is, a senior executive of Goldman Sachs' investment banking department, before she is 45.

There is absolutely no need to come to Guanghua and give in.

Chen Hao looked calm, then smiled and said softly:

"I can give Senior Sister Huang 1.5 times her current salary, and I can guarantee that the working hours will be 8 hours a day, with weekends off. "

Huang Lan's mouth and tongue felt dry for a while.

My heart suddenly became confused.

1.5 times salary is not uncommon. Although investment bankers are as tired as a donkey, their salary is really high.

But the 8-hour work system and weekend breaks that Chen Hao guaranteed later, matched with this salary package...

There is no investment banker who is not moved!

The reason why the salary is high is actually entirely based on time.

Many students from prestigious universities in beautiful countries would rather work as programmers in Silicon Valley than work in banks or investment banks because they are too tired. . .

Huang Lan looked hesitant, and for a moment she didn't know how to make a decision.

As a woman, she is completely treated as a man in the workplace. As for men... they are used as livestock.

And women still have a few days a month and some physical problems.

Sometimes, it does bother her.

At this time, Chen Hao's next heavy blow came again.

"Moreover, when entering our Guanghua-based companies, executives can enjoy the benefits of our Guanghua University faculty and staff, and their children can have priority in entering Guanghua's kindergartens, affiliated primary schools, and affiliated middle schools."

This sentence suddenly shattered her hesitation.

Why are house prices soaring and hard to come down?

School district housing is definitely a major factor. In order to solve the problem of children's schooling, domestic parents are really worried.

Huang Lan slowly exhaled, raised his head, and looked at Chen Hao with a complicated expression.

"Director Chen, I am willing to join Guanghua Venture Capital."

Chen Hao stood up and smiled slightly as when they first met.

Reach out.

"Welcome to Guanghua!"

ps: Please give me recommendation votes and monthly votes.

It took a lot of time to check the investment bank information, but the content is basically accurate.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like