Whether I shall persue a PHD or not?
I am now a Msc-in-economics student in a world top-50 U. I have planned to find a job in Investment Bank in Hong Kong after education. I have no fulltime work experience, except for some banking internship. Shall I persue a PHD degree, as I have ever heard that Ibank will just offer an associate position to a MBA or a PHD? Or shall I just apply for analyst after this MSc programme? But someone told me it is difficult for an analyst to be promoted to a associate. And additionally, may someone tell me something about PHD placement in finance industries?
Please tell me relevant information or just give me some advice, anyone with relevant experience. Thanks a million.