Building a Network Outside the Classroom: Interning Abroad

Have you ever wondered what it would be like to work abroad? Many students are interested in the concept of working in a foreign country, but might be uneasy about the idea, as they have never had exposure to a foreign office environment. Well, IFSA students studying in Shanghai have the best of both worlds- they are not only able to experience the Chinese classroom culture, but also have the opportunity to gain exposure to office culture in China. Instead of taking a fourth class, students can choose to gain real work experience by doing an internship for course credit. The internship options have a wide range, from venture capital firms to environmental non-profits, coding internships to ones in market intelligence. Oscar Dayan is a Bentley University finance and global perspectives major from Sao Paulo, Brazil. He works at Wellingate Capital, a Chinese investment banking boutique that raises capital for clients, establishes relationships with funds and investors, and performs due diligence, meaning they complete research for companies considering merging or buying out another company. 鈥淎t Wellingate Capital, I conduct research on whether industries, such as the ready-to-eat food markets, are profitable. Wellingate then uses my recommendations, along with other factors, to advise clients,鈥 says Oscar. With the exception of another IFSA student intern, Oscar鈥檚 office is made up entirely of Chinese employees. By working in a Chinese office environment, he has been able to learn about aspects of Chinese culture most study abroad students don鈥檛 experience. 鈥淭his summer, I worked at a private equity firm in New York City, and have noticed a few differences in the office cultures. In China, most of my work is individualized, as opposed to in New York, where most of my work was on a team. I鈥檝e also noticed that my office environment in China is less cut-throat than in New York,鈥 says Oscar. Additionally, in Shanghai, Oscar has been able to first- handedly witnessed the importance of a Chinese concept called guanxi, meaning relationships. By the way that the employees talk and interact with each other, Oscar has observed that the employees at Wellingate are actually friends, and this is a central aspect of their business relationship. Understanding the concept of guanxi is critical to doing business in China, as Chinese people are more likely to work with people and companies with whom they have a relationship.
Veronique Similien, a sociology major at Centre College is interning in the education industry,聽teaching English for a non-profit called Stepping Stones. Stepping Stones strives to close the聽achievement gap between migrant children in Shanghai and their non-migrant counterparts by聽providing free services to teach them English. This work is vital, because due to the house聽registration system in China (called the hukou), children are only allowed to go to school in the聽region where their family is originally from, so if rural children move to Shanghai because of聽their parent鈥檚 job opportunities, many are unable to enroll in regular Shanghai public schools,聽and thus, must attend migrant schools.聽Veronique teaches English to 3 rd , 4 th , and 5 th graders twice a week. Most of the schools Stepping聽Stones works with are underfunded and under-resourced, and the ability to learn English fromnative speakers has been shown to have a major effect on the students鈥 English test scores. 鈥淚t聽is amazing to see my students progress over the weeks and gain confidence in their English-speaking abilities. Also, since many of my students have very limited access to interactions with聽foreigners, I think that being able to see a black woman in a leadership position can give them a聽new perspective, differing from what they might see in the popular media,鈥 says Veronique.聽These internships not only give IFSA students resume boosters, but also are vital in helping the聽students decide what they would like to pursue after college. Oscar is looking to work in聽investment banking, and to be able to have investment banking experience in a major market聽like China and develop a cultural understanding of how Chinese banks work will make him an聽asset to companies looking to expand into China. Veronique has always been interested in聽teaching abroad, and this experience has not only catalyzed her interest in this career field, but聽given her the necessary exposure and tools to be a successful teacher. 鈥淚鈥檝e always been聽interested in teaching abroad, so I am grateful that I am able to test it and see that it truly is the聽right choice for me,鈥 she says.
Bridget D. | Brown University | IFSA Study in Shanghai: International Business in China | IFSA International Correspondent