High Finance Thread

Originally Posted by Unregistered

Wah lao eh. Take this filthy payments conversation out of this front office thread leh. Go and see this thread's tagged key words. Fund management, ib, m&a, pe&vc. Everything else not counted. If you're from payments, tb (tuberculosis?) or from any other non-front office role, you can indeed FO - **** off.

Yeah lol I really wanna laugh at those non-IB people who want to step like they are damn good.

I didn’t ****ing do all my internships and land my IBD job for some posers to act like they are as good as me

Originally Posted by Unregistered

Wah lao eh. Take this filthy payments conversation out of this front office thread leh. Go and see this thread's tagged key words. Fund management, ib, m&a, pe&vc. Everything else not counted. If you're from payments, tb (tuberculosis?) or from any other non-front office role, you can indeed FO - **** off.

if payments or tb or whatever is earning 11.9k, i think it's justifiable to include them in high finance

disclaimer: i'm working in pe not payments

Hey sit down, the real high finance is the market making / prop trading roles. They are getting paid 500k++ as fresh graduate in cold hard cash while IBD bros are jerking off on the prestige they received.

WAKE UP YOUR IDEA LA

Originally Posted by Unregistered

if payments or tb or whatever is earning 11.9k, i think it's justifiable to include them in high finance

disclaimer: i'm working in pe not payments

The key word here is if. Go and see all the previous mycareersfuture links, payments analysts earn 4-8k range, not 12k.

Originally Posted by Unregistered

Hey sit down, the real high finance is the market making / prop trading roles. They are getting paid 500k++ as fresh graduate in cold hard cash while IBD bros are jerking off on the prestige they received.

WAKE UP YOUR IDEA LA

Agree that market making and prop traders do make 500k upon graduation. But you are completely missing the point. They hold PHDs in math or science werethey graduate closer to 30. Fresh undergrads DO NOT get into prop trading straight out of graduation, your macro or python skills is not gonna be enoigh

An undergrad IB grad will be making 500k with 4-6 years of experience. Compare apples to apples.

Originally Posted by Unregistered

Agree that market making and prop traders do make 500k upon graduation. But you are completely missing the point. They hold PHDs in math or science werethey graduate closer to 30. Fresh undergrads DO NOT get into prop trading straight out of graduation, your macro or python skills is not gonna be enoigh

An undergrad IB grad will be making 500k with 4-6 years of experience. Compare apples to apples.

Except nope, many prop trading firm also hire straight from undergraduate (myself included), comp at fresh grad level is at 500k++ all in now. Sit down la. High finance this high finance that, I am as nerd as one can be and I have more money than high finance bros ever have.

WAKE UP YOUR IDEA PLS!

Originally Posted by Unregistered

if payments or tb or whatever is earning 11.9k, i think it's justifiable to include them in high finance

disclaimer: i'm working in pe not payments

agree! if you're from CIMB and you're doing payments - congrats!!!! it's the best of both worlds and you're highly sought after in the banking industry. CIMB payments wan sui

Originally Posted by Unregistered

Except nope, many prop trading firm also hire straight from undergraduate (myself included), comp at fresh grad level is at 500k++ all in now. Sit down la. High finance this high finance that, I am as nerd as one can be and I have more money than high finance bros ever have.

WAKE UP YOUR IDEA PLS!

People generally equate front office with high finance which may not be absolutely correct. High finance is high finance whereas front office role is clients facing and not necessary high finance. Take for example a personal banking staff directly interacting with clients is considered front office whereas a CFO of a major mnc may not deal directly with clients as frequently but the latter is regarded as working in a high finance role whereas the former is not.

In high finance which should not be termed loosely in this context just as coporate ranking and appointment are two distinct matter. In high finance, the appropriate remuneration per annum can be summarised as follows:

At age 30-S$75OK and above
At age 35-S$1.3M and above

The above is just an estimation of what a properly regarded high finance role should be expecting and it should only be taken as a reference. Of course this role is exeedingly difficult to attain and if your income is outlined as above congrats you belong to a rare professional working group.

Originally Posted by Unregistered

if payments or tb or whatever is earning 11.9k, i think it's justifiable to include them in high finance

disclaimer: i'm working in pe not payments

Is not high finance though salary is commendable. High finance role pays much higher.

lol cb payments analyst. Tell girls on CMB you work as payments analyst sure kena blue tick

Investment bankers get the most girls