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: 82
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: 3
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?
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
Compare civil service salary ( 1 2 3... Last Page)
12,598 Replies, 7,350,721 Views
Maybank ( 1 2)
19 Replies, 6,760 Views
UOB Management Associate Program ( 1 2 3... Last Page)
445 Replies, 276,249 Views
Lawyer Salary ( 1 2 3... Last Page)
13,731 Replies, 4,620,410 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,017 Replies, 523,165 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,680 Replies, 1,284,182 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,072 Replies, 2,527,709 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,267 Replies, 642,051 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
241 Replies, 109,825 Views
IMDA (under MCI) ( 1 2 3... Last Page)
119 Replies, 58,009 Views
ST Electronics ( 1 2 3... Last Page)
2,335 Replies, 574,946 Views
Career as Teacher ( 1 2 3... Last Page)
4,009 Replies, 2,504,413 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
481 Replies, 273,548 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,753 Replies, 1,413,656 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,699 Replies, 4,357,168 Views
If you can't find a company here... ( 1 2)
12 Replies, 1,544 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
329 Replies, 453,609 Views
Asset Management Salary ( 1 2 3... Last Page)
33 Replies, 4,005 Views
DBS tech seed programme ( 1 2 3... Last Page)
869 Replies, 223,963 Views
Pacific Century CyberWorks (PCCW)
1 Replies, 53 Views
Working Culture in IRAS ( 1 2 3... Last Page)
56 Replies, 86,492 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
182 Replies, 208,329 Views
Work culture in IHiS ( 1 2 3... Last Page)
146 Replies, 137,532 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
87 Replies, 23,093 Views
Visa Inc
0 Replies, 47 Views
Shopee
0 Replies, 75 Views
Food Panda
1 Replies, 65 Views
DBS Bank
0 Replies, 65 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:17 PM.


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