INDUSTRIAL BANK(SH:601166) Sou Hu Cai Jing·2025-05-27 10:40Group 1 - The core point of the news is that Industrial Bank's private banking division launched an internship program for high-net-worth clients' children, which has sparked public debate about the phenomenon of "paid internships" in the financial industry [2][7] - The internship program requires non-private banking clients to invest over 10 million yuan and existing private banking clients to invest over 5 million yuan, with funds not allowed to be transferred during the internship period [2] - Following public controversy, Industrial Bank has suspended the internship program after acknowledging that its promotional statements were misleading [7] Group 2 - The internship program is an added value service for high-net-worth clients, executed by a third-party agency that collects internship opportunities from reputable companies and provides career assessment and training [3] - The financial industry has seen the emergence of a "paid referral" industry chain, where students pay intermediaries to secure internships at top firms, with fees ranging from 30,000 to 500,000 yuan depending on the position and firm [8] - Many students view internships as essential for securing employment in the competitive financial sector, especially given the current job market challenges [9][12] Group 3 - The competition for internships is intense, with many candidates holding prestigious degrees from top universities, and the acceptance rate for positions can be as low as 3:1 [10][11] - Despite the high costs associated with paid internships, many students believe that the potential for a high-paying job post-internship justifies the investment [9][13] - The average salary for entry-level positions in major brokerage firms is around 30,000 yuan per month, which is often less than the fees charged for securing internships [13]