People in the Finance industry, please come in and share

Customer acquisition senior analyst in a foreign european commercial bank. Basic 8.4k + bonus 3-4 months with total 5 years work exp.

Work life balance still ok, average 50 hr work week.

Originally Posted by poordad

Hey guys, I am a fresh grad who received an offer for MA for a local bank, 4.3k and deciding whether to take it. Does anybody know if there is a difference in pay between a first-class hons holder and a second upper?

From what I heard, no difference. Btw, did they mention what's the approximate all-in annual pay (i.e. including bonus, etc.)?

[poordad]

Originally Posted by Unregistered

From what I heard, no difference. Btw, did they mention what's the approximate all-in annual pay (i.e. including bonus, etc.)?

Nope, no mention of how much is the variable bonus, it varies based on performance grade.

[villan]

what's the market rate for an investment associate (2-4yrs exp) in a small investment house?

Originally Posted by villan

what's the market rate for an investment associate (2-4yrs exp) in a small investment house?

Depends, if FO type should be 14 - 18k basic + some sort of incentive based on your books.

Originally Posted by Unregistered

Depends, if FO type should be 14 - 18k basic + some sort of incentive based on your books.

Fk... I am underpaid. Only drawing 13k w bad bonus.

Is this for bb?

[villan]

Originally Posted by Unregistered

Depends, if FO type should be 14 - 18k basic + some sort of incentive based on your books.

thanks. i think thats for IB. i am asking about boutique investment houses.

Originally Posted by villan

thanks. i think thats for IB. i am asking about boutique investment houses.

boutique houses usually pay 30-40% higher as they cannot compete on brand name and career prospect to move up.

Originally Posted by Unregistered

boutique houses usually pay 30-40% higher as they cannot compete on brand name and career prospect to move up.

Lol joke.. I'll like to see Kim eng and uob pay that..

U will be lucky to get 5k

Originally Posted by Unregistered

Lol joke.. I'll like to see Kim eng and uob pay that..

U will be lucky to get 5k

We are talking about boutique investment/trading houses here, not brokerages/advisory arms of small banks that dabble in mutual funds.