Quote:
Originally Posted by Unregistered
For those skeptical,
Starting pay for
Bulge Bracket Investment Banks
Jr Trader : 9k ~
Investment Banking Division : 11 ~ 13k (DB 13k, DB = Deutsche Bank not DBS just in case)
Equity Research : 9k ~ (GS tactical research 9k)
Asset management : 9k ~ (JPM sales 9k)
Backoffice roles : 4k ~ (JPM GS Barclays UBS etc, not including local banks)
Consulting firms (Top class)
Oliver Wyman : 9k ~ (McK, BCG and Bain probably pays more)
If you think all these are BS then by all means live your live deluded.
|
What he is saying is true for back office Bulge Bracket investment bank. starting upwards from 4k. WHY? my brother is working there 5k per month back office.
he jump from 1st company at 3.3k
to second company at 4k
now at this IB paying him 4.8k