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Old 17-02-2015, 09:19 PM
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The banking industry is nowhere as lucrative as you think it is. Other than the few FO types, the rest are just drawing typical salary. Their monthly looks higher because they don’t give AWS and bonus usually <3 months for average performer.

If fast money is what you want, Sales is the most logical route. Otherwise just join gov sector, the total package of a typical degree FCH civil servant is higher than a banking BO and slightly lower or on par with MO equivalent anyway. Don’t let the industry’s ostentatious lifestyle and inflated title and egos fool you into thinking these so called VP/SVP are very rich drawing few hundred grand a year.

Most VP total pay package in a bank is same as AD in a ministry and SVP equivalent to DD. Shocking, but true. I was a recruiter before and interviewed countless poor VPs who yaya papaya try to act like a hot shot not knowing that their pay is only average among big MNC.
What is the typical annual annual package of VP? Would it be around 120k? Or 150k?


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