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Factual Local Bank Salaries - DBS , UOB , OCBC (A commoner climbing up the ranks)

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  #121 (permalink)  
Old 01-06-2020, 09:39 PM
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I can confirm.

There are zero private u grads at any graduate analyst programme in the Singapore office, both for BB and the local banks.

However, there are private u grads as experienced hires, most of em with 3 years from Big 4 or ACN CDO, before transferring to BO/MO role.
Got la. Im from private u joined GS ops as graduate trainee in 2015
It is just much fewer. Of course I got in with first class honors with 2 internships in other bbs under my belt. No connections. Actually ops dont need trophy resumes only those that can grind and slog it out in the long run. For the benefit of the rest who wished to step into this role, I shall share the organic salary progression. Analyst 50k pa. Senior Analyst 60k pa. Junior associate 75k pa. Senior associate 95k pa. Junior vp 120k pa. Good thing about GS is if you can perform, you can get promoted every year. On the flip side they axed the bottom 10% every year during March. No need to thank me. Is it worth it? You decide.

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  #122 (permalink)  
Old 01-06-2020, 10:08 PM
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I can confirm.

There are zero private u grads at any graduate analyst programme in the Singapore office, both for BB and the local banks.

However, there are private u grads as experienced hires, most of em with 3 years from Big 4 or ACN CDO, before transferring to BO/MO role.
I personally know a few SIM grads in OCBC's young banker/grad talent programme. It's not even 5 percent of the intake, but these guys exist. They lucked out bigtime because not only do they get to join a grad talent programme in a bank, their pay is also the same as their local uni peers with the same class of honours as them and in the same programme.

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  #123 (permalink)  
Old 01-06-2020, 10:25 PM
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Originally Posted by Unregistered View Post
I can confirm.

There are zero private u grads at any graduate analyst programme in the Singapore office, both for BB and the local banks.

However, there are private u grads as experienced hires, most of em with 3 years from Big 4 or ACN CDO, before transferring to BO/MO role.
You confirm lj la.

Alr know of one dude from UOL who joined JPM MO grad programme and is now a project manager + another incoming summer analyst from UOL this year (same BB & role - SA)

Also, there are private uni students in tier 2 strat firms and ACN strat & consulting (both FT and intern).

They are dont form the majority of course, but they exist.

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  #124 (permalink)  
Old 01-06-2020, 10:27 PM
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Whining not gg to help, jiayou!
Bro, this sinkingfeeling guy is an Uncle who probably never went to a uni.

Lurk forums 24/7 with his BBFA
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  #125 (permalink)  
Old 01-06-2020, 10:36 PM
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I personally know a few SIM grads in OCBC's young banker/grad talent programme. It's not even 5 percent of the intake, but these guys exist. They lucked out bigtime because not only do they get to join a grad talent programme in a bank, their pay is also the same as their local uni peers with the same class of honours as them and in the same programme.
wont say that they lucked out big time.

Unlike ppl who get in through diversity (race/gender etc), these guys have to work really hard to amass a ton of relevant exp (professional and cca) and get absolutely outstanding grades to even get shortlisted.

they go through the same process as the rest for these programmes (cv, cover letter, stupid games, IQ tests, video interview, phone interview, assessment centers, superdays and what have you)
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  #126 (permalink)  
Old 02-06-2020, 11:56 AM
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Bro, this sinkingfeeling guy is an Uncle who probably never went to a uni.

Lurk forums 24/7 with his BBFA
Bro ikr. Always ending his sentences with a emoji it's seriously annoying and spreading unwarranted negativity to everyone else. Idk if he wants to feel sorry for himself or he wants us to feel sorry for him from the way he words his posts.
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  #127 (permalink)  
Old 02-06-2020, 12:39 PM
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Whining not gg to help, jiayou!
I can't do anything to change my situation, I have too many major problems to fix

All I can do is just whine to release steam, please afford me this luxury, I beg you
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  #128 (permalink)  
Old 02-06-2020, 12:39 PM
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Originally Posted by Unregistered View Post
I personally know a few SIM grads in OCBC's young banker/grad talent programme. It's not even 5 percent of the intake, but these guys exist. They lucked out bigtime because not only do they get to join a grad talent programme in a bank, their pay is also the same as their local uni peers with the same class of honours as them and in the same programme.
How many is a few?

What proof do you have?
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  #129 (permalink)  
Old 02-06-2020, 12:40 PM
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Bro, this sinkingfeeling guy is an Uncle who probably never went to a uni.

Lurk forums 24/7 with his BBFA
It's true, people tell me I look like an uncle
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  #130 (permalink)  
Old 02-06-2020, 12:41 PM
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Bro ikr. Always ending his sentences with a emoji it's seriously annoying and spreading unwarranted negativity to everyone else. Idk if he wants to feel sorry for himself or he wants us to feel sorry for him from the way he words his posts.
The former...
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