Quote:
Originally Posted by Unregistered
The poster seems like a nice chap so I feel kinda bad saying what I'm going to say. But don't care, I still have to say my piece because there are quite a few fallacies in the quoted post.
1. No, there isn't confirmed promotion every year, and you are not guaranteed to rise to Senior Assoc by the end of your third year. You have to perform well to be promoted, that's that. The only round of promotion that is guaranteed for the GAs (and MAs) is from Analyst to Assoc at the end of second year.
2. If you are able to see the fact that GAP is much easier to get in than MAP or other foreign banks, then I think there isn't much to complain about the 3.8k starting pay. Because for a job that "is easier to enter", 3.8k is a pretty darn decent starting pay.
3. Once again, if you are able to see the fact that GAP is considerably easy to get, then there shouldn't be any qualms with being treated as "second class MAs" (MAP is indeed much more difficult to get in) or the fact that GAs are "not recognized outside".
Lastly, just want to state that DBS GAP is quite a good avenue for those who are interested to get a relatively good starting position in the banking industry. Furthermore, DBS is a pretty decent bank to start a career at, I don't think anyone can reasonably deny that. |
Your points are all correct, but i disagree that the GAP is a good avenue for this interested in banking. GAP program at this stage still lacks direction and a lot of dept are taking in headcount because it is part of their KPI and have no idea what to do with their GA. You might have higher starting pay, but you are definitely overpaid for what you are doing.
DBS is a bank that is good for stability, not for progression. it really depends on what you want and value, so it might not be the best bank to start your career at if you are really ambitious in life.