That's a foreign rating. The md ranks of China securities companies are classified as A, SA, VP, D, ED and MD. In fact, these titles, such as p 1-p 12 or clerks, section chiefs and directors of civil servants, are just a hierarchy, which has nothing to do with the titles themselves. The original intention of these English names is somewhat unaffected in China. Securities investment banks are usually translated as [manager], [senior manager], [deputy director], [director], [executive general manager] [general manager]], with six practical names. Different securities companies will subdivide grades, such as A 1/A2, VP 1/VP2/VP3, or increase transitional grades such as EVP and SVP. Meet the actual needs. Generally speaking, from A, there will be a senior promotion every 2-3 years, and from D, it is usually considered as the boundary between undertaking and contracting functions (of course, it is not so simple in reality). Usually there is a certain standard, not a simple accumulation of qualifications. For example, a fresh graduate enters an investment bank. The undergraduate degree is A 1, the master degree is A2, and the doctoral or quasi-insurance (some securities companies have relevant systems) is s A 1, which can be adjusted to D after registering an insurance agent. The highest MD level generally corresponds to the general manager of the department.

1. Intermediate grades are generally related to qualifications, but the speed of promotion is also affected by performance. Excellent performance or cross-level job hopping may grow rapidly. A joint venture securities company involved in YCM's major asset restructuring was in charge when it was promoted to MD not long ago-many employees from other industries switched to investment banks through social recruitment. I have to say that this industry does have the ability to develop rapidly. However, ranking is only a ranking order after all, and it is not directly related to status and salary. Many department heads are still, and many senior employees are MD, but they are not responsible for department affairs.

2. There are four positions in the investment banking department of domestic securities companies: signing position, issuing position, quality control position and sales transaction position. If it is a large securities company, it will set up a separate secondary department under the first-tier investment bank according to different positions such as issuance positions, and set up a separate secondary department called the capital market department; If it is a small securities company or a team investment banking department, it is often only necessary to set up corresponding positions in a large team, or even one person will hold multiple positions, such as insufficient team members. This contract is in the investment banking department of domestic securities companies. This position is the core position and foundation for establishing the investment banking department. Broadly speaking, investment banks not only include IPO, M&A and other equity financing businesses, but also include corporate bonds, corporate bonds and other underwriting businesses.