China is one of the premier hotspots for financial services in the world, and as such is an excellent place for finance and accounting students to initiate their career.
An international finance internship in China can not only definitively mold your finance skills, but can also fetch you higher than the average starting salary for your first job.
This will be so because of your first-hand work experience in a powerful Asian finance market.
Being the world's second-largest economy, China has many professional lessons to offer in the finance sector to an enthusiastic learner.
So kick-start your journey in the field with international finance internship in China.
Gone are the days when New York and London were the only renowned financial hubs of the world.
Times have changed and Asian cities like Shanghai have risen promptly to compete with these iconic finance centers.
The coming up of new finance hubs around the world indicates how competitive the finance industry has become in recent times.
The more financial markets you work in, the more prolific professional you're likely to become, a trait that will benefit you for the entirety of your career.
The importance of overseas work experience for finance and accounting professionals is further bolstered by a survey of US professionals distributed by Robert Walters, a reputed global recruitment firm. According to this survey, 55% of accountants thought that working abroad was integral to their career development efforts.
Finance and accounting professionals need to keep reinventing their professional and personal skills in order to sustain and enhance their value in the job market, and gaining abroad working experience is an important step in this process.
Now that you know and understand the relevance of international exposure in the finance industry, why not start your career the preferred way with international finance internship in China.
Most of the financial institutions of this communist country are owned and governed by the state.
However, recently China has announced its plans to relax the limitations imposed on foreign ownership of financial services groups.
The government intends to open the doors of finance areas like commercial banking, asset management, insurance, securities and futures to foreign ownership.
These reforms come in the light of China's effort to make its $33 trillion in assets worth of finance sector more globalized in nature.
This is a great time for you to leverage the economic reforms in China with an international finance internship in China.
These reforms that are soon to come about are expected to begin a new chapter in the country's financial liberalization.
The vast finance industry of the country is finally making itself more accessible than ever to the rest of the world.
Partake in this path-breaking move by doing an international finance internship in China and witness from close quarters how these changes impact the industry.
If you have a major in business, economics, accounting or finance, then it will be much easier for you to deliver the quality of work that's expected of you.
In addition to the technical field knowledge, you should also be well-versed with basic computer applications and have an eye for detail and an ability for multi-tasking.
Here is a generic overview of the job description for an international finance internship in China:
As it is one of the earliest ancient civilizations, everything pertaining to China, from its business etiquette to cultural traditions, all have a distinct flavor about them.
Take a sneak peek into China's diverse culture: