People in the Finance industry, please come in and share

Sell side, BB, 11k base, fresh grad.

havent received bonus so pretty unsure.

USD 100k pa is the starting base for S&T/ M&A for which banks now?

Since MA programs from local, SCB, Citi etc do not pay that much

Originally Posted by Unregistered

USD 100k pa is the starting base for S&T/ M&A for which banks now?

Since MA programs from local, SCB, Citi etc do not pay that much

most BB pay the same. u do realize the MA programs are 2nd tier compared to front office roles??

we look down on them in fact.

Originally Posted by Unregistered

most BB pay the same. u do realize the MA programs are 2nd tier compared to front office roles??

we look down on them in fact.

well fresh grad have to start somewhere first right, if you do get a desirable FO job after the MA program, it can be a stepping stone. I started my MA at a local bank, now in a US fund, making 8k+ now with 6y experience in total. I of course would hope that I started in a BB and make 10k starting pay, but 6 years ago was the financial crisis and I am only a local uni grad, not an ivy grad.

In fact, I rem my starting pay 6 years ago was only 3k+ and a BB offered me a back office role for 4k+. I am glad I did not take that BO option.

Hi, could you share whats your role now and how many months bonuses did you get?

Originally Posted by Unregistered

Hi, could you share whats your role now and how many months bonuses did you get?

Only 9 months

[hnnbllctr]

Originally Posted by Trader888

Whether you are buy side or sell side, front office or back office, or whether you are simply interested in joining the Finance Industry, please come in and share your pay package and experiences.

Trader here at a foreign bank, 2 years of experience, Associate level, current pay 5k, expecting salary revision next year to maybe nearly hitting 6k. Feel abit underpaid but grateful bank gave me this opportunity and trying to learn as much as I can. Hopefully when I take on more responsibilities and manage a bigger book, my pay will increase and opportunities in other companies may come knocking.

What product/sector do you trade and how big is your book?

Senior Analyst in a boutique fund management company with family offices as key clients. Currently 2 years in the job and was with UBS previously for 3 years.

Basic 255k profit sharing for this year is expected to be ~185k.

AVP in JPM looking after service delivery process and optimization. 7 years of work exp, drawing 14k salary now.

Top guy, 40, lives in a GCB worth $20m.