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  #128 (permalink)  
Old 29-11-2010, 12:11 AM
IT analyst
Posts: n/a

Hi All...

I would just like to simply state starting salaries of IT positions in banks/financial institutions with presence in Singapore. The lowest starting pay is around 3.3k in a local bank, and the highest, as far as I know, is 5.8k per month in a top-tier investment bank.(i.e. 40K - 70K per annum).

Though it's not as high as those in Front Office, such as corporate finance/sales/trading roles (starting pay offer of at least 6k to as high as 10k SGD per month for a fresh grad), I'm satisfied with what I'm getting for now. The key word is 'for now'.

I myself am an engineering graduate, specifically computer engineering, but many fellow fresh grads who are in technology graduate/analyst/associate (whatever it's called in each bank) are from varying academic backgrounds, such as mechanical engineering, electrical engineering, chemical engineering, mathematics, physics and business/finance.

One thing is similar in all these banks & their hiring strategies: they DO hire nerds, who can get the job done. they PREFER smart people who get decent grades and at the same time participate in activities/committees/volunteer services.

Just my 2 cents.

Just my 2 cents.

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