Compilation of MAs/Analysts Gross Starting Pays (Graduate)

Originally Posted by Unregistered

Ok so I assume the base will be about 4k on a 13 month package for the first year... with a decent chance of hitting 55k for the second?

How come the TB salaries are so disparate across the diff banks though? DB is 5.2 and Baml 7k as seen on the thread

TB is a good career for entry level grads, gives you many opportunities to work in different business units

E.g. Cash Mgmt, Trade Finance, Relationship Mgmt

TB salaries are disparate due to two factors

1) Some banks consider TB to be under investment banking arm and you are expected to know more about modelling and due diligence that is why you get paid extra (mostly American banks). Banks who classify TB under corporate/commercial banking will pay less (think 3-5k)

2) Depends on the bank's strength and pedigree. Those foreign banks usually follows a fixed band salary globally whereas local banks can sort of lowball you because SG is their home market.

To give you a more accurate career progression

Analyst 3-5k/month
Associate 4-6k/month (around 2-3 years)
VP - 5.5-8.5k/month (3-4 years)
SVP - 8-12k/month (?)
ED - 10-15k/month (?)
MD - 15k-25k/month (?)

Past VP promotion is much trickier. Depends on if your business unit is high visibility and bringing in cash. Also see if you got strong 'sponsors' who are willing to fight for your promotion and new job scope

That's why there is such a range between salaries. I know that VP in product side earn 30% more compared to VPs in relationship mgmt

Also got some stuck at SVP age 40+ and don't want to choing anymore and just relax cuz less responsibility

Originally Posted by Unregistered

Ok so I assume the base will be about 4k on a 13 month package for the first year... with a decent chance of hitting 55k for the second?

How come the TB salaries are so disparate across the diff banks though? DB is 5.2 and Baml 7k as seen on the thread

TB is a good career for entry level grads, gives you many opportunities to work in different business units

E.g. Cash Mgmt, Trade Finance, Relationship Mgmt

TB salaries are disparate due to two factors

1) Some banks consider TB to be under investment banking arm and you are expected to know more about modelling and due dilligence that is why you get paid extra (mostly American banks). Banks who classify TB under corporate/commercial banking will pay less (think 3-5k)

2) Depends on the bank's strength and pedigree. Those foreign banks usually follows a fixed band salary globally whereas local banks can sort of lowball you because SG is their home market.

To give you a more accurate career progression

Analyst 3-5k/month
Associate 4-6k/month (around 2-3 years)
VP - 5.5-8.5k/month (3-4 years)
SVP - 8-12k/month (?)
ED - 10-15k/month (?)
MD - 15k-25k/month (?)

Past VP promotion is much trickier. Depends on if your business unit is high visbility and bringing in cash. Also see if you got strong 'sponsors' who are willing to fight for your promotion and new job scope

That's why there is such a range between salaries. I know that VP in product side earn 30% more compared to VPs in relationship mgmt

Also got some stuck at SVP age 40+ and don't want to choing anymore and just relax cuz less responsbiility

TB is good for those who want steady career without much overwork

Originally Posted by Unregistered

TB is a good career for entry level grads, gives you many opportunities to work in different business units

E.g. Cash Mgmt, Trade Finance, Relationship Mgmt

TB salaries are disparate due to two factors

1) Some banks consider TB to be under investment banking arm and you are expected to know more about modelling and due dilligence that is why you get paid extra (mostly American banks). Banks who classify TB under corporate/commercial banking will pay less (think 3-5k)

2) Depends on the bank's strength and pedigree. Those foreign banks usually follows a fixed band salary globally whereas local banks can sort of lowball you because SG is their home market.

To give you a more accurate career progression

Analyst 3-5k/month
Associate 4-6k/month (around 2-3 years)
VP - 5.5-8.5k/month (3-4 years)
SVP - 8-12k/month (?)
ED - 10-15k/month (?)
MD - 15k-25k/month (?)

Past VP promotion is much trickier. Depends on if your business unit is high visbility and bringing in cash. Also see if you got strong 'sponsors' who are willing to fight for your promotion and new job scope

That's why there is such a range between salaries. I know that VP in product side earn 30% more compared to VPs in relationship mgmt

Also got some stuck at SVP age 40+ and don't want to choing anymore and just relax cuz less responsbiility

TB is good for those who want steady career without much overwork

Sounds like a pretty attractive career choice to me. I am not the type to commit to my career so the work life balance is very appealing.

Originally Posted by Unregistered

Ok so I assume the base will be about 4k on a 13 month package for the first year... with a decent chance of hitting 55k for the second?

How come the TB salaries are so disparate across the diff banks though? DB is 5.2 and Baml 7k as seen on the thread

If you do your research, baml only pays 5k for GTB analyst role. And bear in mind, there is no bonus for avp below role and 1 month bonus at most at baml, hence they have higher base as well. Not sure about DB, but it should be around 4.5 to 5k with 1 month bonus. DB is also not stable. Their pathetic stock performance tells you about the situation of the company. There will be tons of cost cutting etc. US banks like JPM and GS is better choice in terms of stability and career progression.

whats the bonus usually for goldman ops?

Dear all, anyone know what's the benefit working in ubs as perm fresh graduate etc bonus ?

Any idea what’s the pay range for National Healthcare Group (NHG) healthcare management associate programme? Also has anyone received any updates on whether they have been offered a space already?

FINANCIAL INSTITUTIONS -
BAML (IB/ SnT) = 8.2k to 10.0k
BAML (TB) = 4.8k to 5.0k
BAML (Tech) = 4.8k
Citibank (IB/ SnT) = 9.6k
Citibank (MAP) = 4.5k to 4.6k
Citibank (Tech) = 4.6k to 5.4k
Credit Suisse (IB) = 6.8k to 7.2k
Credit Suisse (Tech) = 4.7k to 4.9k
Credit Suisse (BO) = 3.6k to 3.9k
Deutsche Bank (SnT) = 6.0k to 6.8k
Deutsche Bank (TB) = 4.8k to 5.2k
Deutsche Bank (BO) = 4.5k
GIC (FO) = 7.8k
HSBC (MAP) = 4.5k to 4.7k
HSBC (CB) = 4.8k
HSBC (PB) = 4.5k
JP (IB/ SnT) = 10k
JP (WM) = 5.2k
JP (BO) = 4.0k to 5.0k
SCB (IGP) = 5.0k to 5.2k
UBS (IB) = 10k
UBS (WM) = 5.0k to 5.4k
UBS (Tech) = 4.8k
UBS (Ops) = 4.4k
SocGen (Research) = 4k
S&P (Research) = 4k
BNP Paribas (IB/ SnT) = 7.5k

DBS (EMA) = 4.5k to 5.5k (>3 Year Working Experience)
DBS (GA) = 3.8k to 4.5k
DBS (SEED) = 4.4k (Non-Tech)/ 5.0k (Tech)
OCBC (GTP) = 3.2k to 4.4k (Depend on Class)
UOB (MAP) = 4.1k to 4.3k

Bloomberg (Sales) = 4.8k to 5.0k
Mastercard (MA) = 4.7k

- TECH -
Google = 3.2k to 4.0k (Non-Tech) / 6.7k (Tech)
Facebook = 4.0k to 4.5k (Non-Tech) / 7.0k (Tech)
Grab = 4.0k
Accenture = 4.4k (Including Allowance)
Accenture Strategy = 4.8k
Lazada = 3.4k to 3.6k (Non-Tech) / 4.7k to 5.0k (Tech)
Shopee = 3.8k to 4.0k (Non-Tech) / 5.8k to 7.5k (Tech) (Some people have stock up to 300 units per year)
SEA (MAP) = 4.8k to 5.0k
NCS = 4.2k
PWC (Tech Audit) = 4.0k
Apple (Analyst) = 35k to 4.0k
- FMCG -
P&G (Associate Manager) = 4.6k to 4.8k
Unilever (UFLP) = 4.7k to 4.8k
Loreal (Management Trainee) = 3.5k to 3.9k
Uniqlo (Management Trainee) = 2.7k to 3.0k
Heineken = 3.7k
Nestle = 3.2k

- TELECO/TRANSPORT -
SingTel (MAP) = 4.2k (General) / 4.5k (Tech)
Singapore Airlines = 3.0k to 3.3k (Non-Tech)
Changi Airport (GA) = 3.5k to 3.9k
SMRT = 3.0k to 3.1k
DHL (MAP) = 3.0k to 3.5k

- CONSULTING -
Bain = 7.4k to 7.6k
BCG = 5.6k to 5.8k
McKinsey = 5.5k to 5.8k
ATKearney = 6.5k to 6.7k
Oliver Wyman = 7.6k to 7.9k
Cognizant = 3.7k to 3.9k
Big 4 = 3.1k to 4.0k
TATA = 3.3k

- PUBLIC SECTOR -
MAS= 4.1k to 4.3k (Depend on Class)
MFA (FSO) = 4.4k
MTI (ES) = 4.5k
MOF (MXS) = 2.7k to 4.4k
EDB (MAP) = 4.2k
Enterprise SG (MAP) = 4.0k to 4.2k
SingHealth = 3.2k to 3.8k (Depend on Class)
MOE (HQ) = 3.6k
CPF= 3.0k
MSF = 2.8k

FINANCIAL INSTITUTIONS -
BAML (IB/ SnT) = 8.2k to 10.0k
BAML (TB) = 4.8k to 5.0k
BAML (Tech) = 4.8k
Citibank (IB/ SnT) = 9.6k
Citibank (MAP) = 4.5k to 4.6k
Citibank (Tech) = 4.6k to 5.4k
Credit Suisse (IB) = 6.8k to 7.2k
Credit Suisse (Tech) = 4.7k to 4.9k
Credit Suisse (BO) = 3.6k to 3.9k
Deutsche Bank (SnT) = 6.0k to 6.8k
Deutsche Bank (TB) = 4.8k to 5.2k
Deutsche Bank (BO) = 4.5k
GIC (FO) = 7.8k
HSBC (MAP) = 4.5k to 4.7k
HSBC (CB) = 4.8k
HSBC (PB) = 4.5k
JP (IB/ SnT) = 10k
JP (WM) = 5.2k
JP (BO) = 4.0k to 5.0k
SCB (IGP) = 5.0k to 5.2k
UBS (IB) = 10k
UBS (WM) = 5.0k to 5.4k
UBS (Tech) = 4.8k
UBS (Ops) = 4.4k
SocGen (Research) = 4k
S&P (Research) = 4k
BNP Paribas (IB/ SnT) = 7.5k
GS (BO) = 4.5k

DBS (GA) = 3.8k
DBS (SEED) = 4.4k (Non-Tech)/ 5.0k (Tech)
OCBC (GTP) = 3.6k to 4.6k (Depend on Class)
UOB (MAP) = 4.2k

Bloomberg (Sales) = 4.8k to 5.0k
Mastercard (MA) = 5k

- TECH -
Google = 3.2k to 4.0k (Non-Tech) / 6.7k (Tech)
Facebook = 4.0k to 4.5k (Non-Tech) / 7.0k (Tech)
Grab = 4.0k
Accenture = 4.0k
Accenture Strategy = 4.8k
Lazada = 3.4k to 3.6k (Non-Tech) / 4.7k to 5.0k (Tech)
Shopee = 3.8k to 4.0k (Non-Tech) / 5.8k to 7.5k (Tech) (Some people have stock up to 300 units per year)
SEA (MAP) = 4.8k
NCS = 4.2k
PWC (Tech Audit) = 4.0k
Apple (Analyst) = 35k to 4.0k

- FMCG -
P&G (Associate Manager) = 4.6k to 4.8k
Unilever (UFLP) = 4.7k
Loreal (Management Trainee) = 3.5k to 3.9k
Uniqlo (Management Trainee) = 2.7k to 3.0k
Heineken = 3.7k
Nestle = 3.2k

- TELCO/TRANSPORT -
SingTel (MAP) = 4.6k (General) / 5.2k (Tech)
Singapore Airlines = 3.0k to 3.3k (Non-Tech)
Changi Airport (GA) = 3.5k to 3.9k
SMRT = 3.0k to 3.1k
DHL (MAP) = 3.0k to 3.5k

- CONSULTING -
Bain = 7.4k to 7.6k
BCG = 5.6k to 5.8k
McKinsey = 5.5k to 5.8k
ATKearney = 6.5k to 6.7k
Oliver Wyman = 7.6k to 7.9k
Cognizant = 3.7k to 3.9k
Big 4 = 3.1k to 4.0k
TATA = 3.3k

- PUBLIC SECTOR -
MAS= 4.1k to 4.3k (Depend on Class)
MFA (FSO) = 5.0k
MTI (ES) = 4.5k
MOF (MXS) = 2.7k to 4.4k
EDB (MAP) = 4.2k
Enterprise SG (MAP) = 4.0k to 4.2k
SingHealth = 3.2k to 3.8k (Depend on Class)
MOE (HQ) = 3.6k
CPF= 3.0k
MSF = 2.8k

Has anyone considered this POV, where the number of applicants a company takes in for a MAP/Graduate Program reflects the company's budget?

For example, a program that takes in a few people might reflect that the company does not have sufficient budget to hire more talents, instead of what people think as "more competitive".