High Finance Thread - Page 14 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




High Finance Thread

Reply
 
Thread Tools
  #131 (permalink)  
Old 13-09-2020, 09:37 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Again, don't split MO/BO, they are in the same salary bracket. I don't know which bank you are from, and why you think MO makes more than BO.. This is a common misconception so I don't blame you. I am in a BB now and was from another BB earlier. An ops FRESH VP base is only 8k -9.5k per month. A fresh grad analyst in FO is 10k. During my first year in FO, full one year compensation was 165k including bonus. An ops VP old or new collects maximum 2 months, and on average 1 month bonus across the board. I know because we invite ops managers for drinks yearly to thank them for the support. I have been in this line for 6 years, don't let the AVP/VP title fool you, there is a reason why FO salary is called superscale.
Not talking about banks with AVP/VP titles -- just Analyst > Assoc > VP > ED etc.

BB FO 10k is mostly IBD analysts, roles like WM can start as low at 5.5k even at a mid-tier BB. There is a subtle difference between MO/BO in terms of progression and bonus (Trader Assistant > Compliance/Settlements)

Another pointer for OP to note: Local Bank FO to BB FO is NOT easy. But to each its own, because FO ultimately earns more than MO/BO but the work-life balance etc is something for you to ponder. Once you reach the VP level, you are expected to bring in business and from there it's either "up or out".

Reply With Quote
  #132 (permalink)  
Old 23-09-2020, 10:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Hey sg big 3 uni student here. Interested to know about Singapore's hedge fund industry. I have been trading for a couple of year with savings and have managed to get roughly 20% irr from $1000 3 years ago to around 1750 now. Could have been higher if i hadn't shorted tesla. I didn't really need the extra money. I was just trading for fun.

However, now in my final year i have to start looking for a career i'm passionate in. How large are hf teams in Singapore. How many pods do the large-cap funds have? What is the analyst to pm ratio in these funds.

I read that citadel is opening a Singapore base. Does that mean they see potential in our sub 1 trillion market cap exchange to grow? Also do these funds hire from undergrad or only from elite mfpe/bb groups?

I am taking a degree in cs and my math is also solid. Does Singapore have many opportunities for quant trades?

Reply With Quote
  #133 (permalink)  
Old 24-09-2020, 12:15 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hey sg big 3 uni student here. Interested to know about Singapore's hedge fund industry. I have been trading for a couple of year with savings and have managed to get roughly 20% irr from $1000 3 years ago to around 1750 now. Could have been higher if i hadn't shorted tesla. I didn't really need the extra money. I was just trading for fun.

However, now in my final year i have to start looking for a career i'm passionate in. How large are hf teams in Singapore. How many pods do the large-cap funds have? What is the analyst to pm ratio in these funds.

I read that citadel is opening a Singapore base. Does that mean they see potential in our sub 1 trillion market cap exchange to grow? Also do these funds hire from undergrad or only from elite mfpe/bb groups?

I am taking a degree in cs and my math is also solid. Does Singapore have many opportunities for quant trades?

Tough luck son. Even ivy league student joined my firm as a trainee in s&t.

Reply With Quote
  #134 (permalink)  
Old 24-09-2020, 02:52 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Tough luck son. Even ivy league student joined my firm as a trainee in s&t.
Honestly Ivy League/Stanford/MIT/Oxbridge is only 1 level higher than big 3 local uni, if you go by QS rankings.
Reply With Quote
  #135 (permalink)  
Old 02-10-2020, 02:31 AM
Unregistered
Guest
 
Posts: n/a
Default

Anyone knows what is a realistic range to expect for s'pore VC analyst for fresh grad? Assuming 9-12 mth of VC intern experience overseas during undergrad. Don't want to get low balled. Thanks!
Reply With Quote
  #136 (permalink)  
Old 02-10-2020, 08:57 AM
Senior Member
 
Join Date: Sep 2011
Posts: 76
villan is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Anyone knows what is a realistic range to expect for s'pore VC analyst for fresh grad? Assuming 9-12 mth of VC intern experience overseas during undergrad. Don't want to get low balled. Thanks!
3-5k

10char
Reply With Quote

  #137 (permalink)  
Old 03-10-2020, 01:20 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Anyone knows what is a realistic range to expect for s'pore VC analyst for fresh grad? Assuming 9-12 mth of VC intern experience overseas during undergrad. Don't want to get low balled. Thanks!
this obviously depends on the firm and aum. any rando with access bit of money can start a vc fund these days so willingness to pay for talent will vary greatly.
Reply With Quote
  #138 (permalink)  
Old 06-10-2020, 01:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Hi thank you for your posts and opinion, it's been really insightful and helpful.

Think someone mentioned about transaction banking earlier, and someone else replied saying transaction banking's FO pays one of the lowest.

Can I just ask if the career path or prospects for transaction banking is good? I'm currently applying for all the different SA programs hence the question.

Thank you for your help!
Reply With Quote
  #139 (permalink)  
Old 07-10-2020, 01:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by villan View Post
3-5k

10char
wow I heard VCs don't pay well here, this is just about what the median salary for fresh grad is, in finance right? The management associate programs range 3-4K?
Reply With Quote
  #140 (permalink)  
Old 10-10-2020, 01:39 AM
Junior Member
 
Join Date: Oct 2020
Posts: 2
sampz is on a distinguished road
Default Temasek Summer Associate

Anyone else applying Temasek 2021 SA, and knows whether Temasek has started giving out superdays?


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
Reply

Bookmarks

Tags
finance, fund management, ibd, m&a, pevc

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Official Lasik/ Relexsmile Thread shirlyn General Discussions 1 18-06-2016 06:33 PM
Household Expenses Breakdown Thread mugster Income and Jobs 10 21-10-2015 09:01 AM
The Gem of UK property (High yield, High Growth, Positive cash flow) newsgprop Market Talk 4 12-01-2015 12:03 PM
UNISIM Alumni thread Gradsoon Income and Jobs 3 25-02-2014 04:38 AM
SIM-UOL Degree in Econs/Finance or Accounting/Finance Shenanigans Income and Jobs 3 07-07-2012 12:41 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
10,065 Replies, 3,376,934 Views
MOH Graduate Studies Scholarship ( 1 2)
16 Replies, 16,329 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
4,101 Replies, 1,412,249 Views
ST Electronics ( 1 2 3... Last Page)
1,324 Replies, 326,445 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,712 Replies, 1,064,424 Views
GovTech career grade ( 1 2 3... Last Page)
188 Replies, 188,087 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,874 Replies, 1,252,927 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
534 Replies, 155,319 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,150 Replies, 877,058 Views
Standard Chartered Bank Back Office ( 1 2 3... Last Page)
51 Replies, 99,485 Views
GIC career ( 1 2 3... Last Page)
267 Replies, 377,399 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,143 Replies, 3,956,727 Views
Starting pay for fresh uni grad... ( 1 2 3... Last Page)
147 Replies, 8,575 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,576 Replies, 2,127,793 Views
Compare civil service salary ( 1 2 3... Last Page)
11,220 Replies, 6,258,847 Views
UOB Management Associate Program ( 1 2 3... Last Page)
394 Replies, 211,578 Views
Career as Teacher ( 1 2 3... Last Page)
3,034 Replies, 1,906,269 Views
Keppel Associate Programme 2018 ( 1 2)
16 Replies, 11,506 Views
Career as a quant... ( 1 2 3... Last Page)
43 Replies, 42,883 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
774 Replies, 399,519 Views
DBS tech seed programme ( 1 2 3... Last Page)
245 Replies, 40,920 Views
Where would you invest your money... ( 1 2 3... Last Page)
30 Replies, 17,596 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
117 Replies, 131,243 Views
Advice for SAF regular pls
9 Replies, 1,243 Views
Usually is it ok to HR recruiters...
5 Replies, 1,455 Views
High Finance Thread ( 1 2 3... Last Page)
156 Replies, 38,154 Views
OCBC mortgage specialist
3 Replies, 3,363 Views
just want to know ur opinion
0 Replies, 200 Views
Salaries for Tech Product Manager
8 Replies, 2,556 Views
What course should I undertake? ( 1 2)
17 Replies, 9,164 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:16 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2