Quote:
Originally Posted by Unregistered
I said "start off with very low salary". When I said 3k p/m, I'm referring to the starting salary.
If you know the private banking industry well enough, you know you don't start off as private banker. Private bankers dont' typically have many front office undergraduate positions.
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So in short you are saying private bankers start off at low salary because they don't start off as private bankers but work in lower level jobs.
Ya know what, I'm pleased to inform you that Group President & CEO of Goldman Sachs also start off with very low salary because his first job sure as hell is not Group President & CEO.
Thanks very much for this useful information
I think when people here talk about starting pay of pte banker, they mean simpler things like how much a private banker new in his job is paid, not how much is the starting pay of a banker on his first job after school.