New Yorker

Is finance related completely to math ?

It really depends on what you want to do. If Investment Banking, definitely high level math is required. But then Think of it as this Finance is numbers but It is all about money, interesting right?

Every number within financial models have a story to be backed up, be it rates, projections, discounts or premiums. All of them are so much fun.

How is the life in Shanghai as an international student?

It is fulfilling. If you were to tell me that I would be living like this 2 years ago, I would say you are out of your mind.

Quality of life is relatively cheaper to what I think although many people disagree. The food is so diverse and good but not like Uzbekistan for sure. But you are getting more options. Valera when he visited Shanghai said that he can’t relocate from Singapore because he already found that he is rooting there. After the first year, I feel like I am somehow rooting here too, finding new people and opportunities.

how did you get your internship?

Knowing people, showing exceptional approach to the given task and doing more than what is expected.

I was complimented on my approach with the senior associate during the interview.

The way you do it pretending as a senior and what would you expect from the junior to do, that pleases you and the client that helps to execute the deal.

Did u get into uni after a gap year ?


Nope, right after high school —> College.

Gap year if not well-spent is a huge opportunity cost.

Quote of the day:

Buy the dip, Short the VIX, F%%k bitcoin.

Fam!

Just got Middle Market IB internship offer

If you’re coming to college as a business/finance/econ major, don’t buy a Mac.

For sure Mac is a great thing to have but not for financial modeling. It is better to have your hands dirty with Windows.

Buy either Lenova ThinkPad or HP and of course an IPad.

After finals:

When you are in being the depressed person competition, but your opponent is a NYU Shanghai student after finals.

You are cooked

Finals finished every International:

Coming to a college where student body is 50% chinese is definitely a big step. The tests aren’t made for Internationals, it is made so hard to a level where Chinese student can barely pass and the structure of tests as of what I heard is in so called Chinese style (God know what that means but eventually it means multiple choices are way difficult than short-answers).

When preparing for Microeconomics final midnight, I overheard that people are crying like literally crying for a Pass grade (Grade that is above D).

This semester was definitely the most challenging with the hardest chinese class (Ele2), hardest Programming class here (Intro to Programming), yep you heard it right, Intro is the hardest and it gets slightly better as you move up which in my case there is no move up and Micro was also end of me.

But what I truly learned is that class grades are a competition based, and my mistake was I didn’t even know who the opponent was. I have never prepared for a test so hard and still got humbled by the test. Test is so hard some people tried to copy from me and yet I am the dumbest in the room.

That was some crazy stuff there. Just reflecting on the finals, I noticed that those are made hard to get Internationals actually compete against Chinese or not compete but to a degree get their ass grinded for a better grade.

If you are coming to either NYU Shanghai or Duke Kunshan, I suggest you consult with the kids there and start preparing right now.

For a lil context:

Ivy League valedictorian grad from an ultra wealthy family named Luigi Mangione kills a healthcare Ceo due to past trauma in insurance and health care industry . But I believe the reason is made-up, he just wanted to remake American psycho.

NYU decision will be out in 5 hours, Good luck to those who applied ED 1 to NYU.

Do we have any prospective NYU Shanghai students who applied?