Salary.sg Forums - View Single Post - SIM-UOL fresh grad starting pay
View Single Post
  #129 (permalink)  
Old 23-02-2012, 05:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Two type of connections:

One, your family/extended family is wealthy and/or very influential. For example, your immediate/extended family are in very senior positions (CEO, DYCEO, CFO) in large listed corporates. Or better still, you are from one of the prominent SG families e.g Khoo family etc. For example, I heard Lee Hsien Yang's son is in Goldman as a investment banker.

Or, your family/extended family are in key hiring positions within banking. For e.g, your mum is a MD in M&A team (VP is not considered senior. Need at least a D).

Usually it starts off by your "connections" getting you an internship in one of the bulge bracket. Eventually, you'd be deemed to have "done well" and given a position. Everything looks legitimate on surface but underlying, you got hired because of connections.


Quote:
Originally Posted by Unregistered View Post
hi. i got a questions. i have been seeing people from the local forums saying that going into those investing banking, private banking or trading jobs who require some connections. but can anyone be more specific? like knowing someone who works in IB is enough to bring you in or anyone from the management? my uncle works as a senior vp in a local bank... which means I can get him to do some recommendations for me ??
Reply With Quote