High Finance Thread - Page 18 - 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
  #171 (permalink)  
Old 30-03-2021, 12:43 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Associate here in Markets sales. As of last year, base was 255k and bonus 120%. Our division had an exceptional year though so this might be skewed up a bit. Typically for BB associate, the base progression is in line with what is being discussed here. Bonus vary from 25-100% depending on performance.
Mind sharing which desk you are on and whether this is a European or american bank? And which year assoc are you? I'm a 2nd year assoc, and pay for last year was ~220k base and 70% bonus. Don't want to give away too much but i work on a structuring desk at a bulge. Seems like i am being lowballed

Reply With Quote
  #172 (permalink)  
Old 30-03-2021, 09:30 PM
Unregistered
Guest
 
Posts: n/a
Default

Since we are doing this, current assoc at a BB IBD, pay for last year as an analyst was 170k + 170k all cash. Got my A2A promotion at the start of the year and already having turned down 2 PE offers. Bump up in base to 240 and from what i hear bonus at associate level start to really take off. For all the juniors out there keep grinding it out! Pain is temporary jiayou!

Reply With Quote
  #173 (permalink)  
Old 30-03-2021, 10:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Since we are doing this, current assoc at a BB IBD, pay for last year as an analyst was 170k + 170k all cash. Got my A2A promotion at the start of the year and already having turned down 2 PE offers. Bump up in base to 240 and from what i hear bonus at associate level start to really take off. For all the juniors out there keep grinding it out! Pain is temporary jiayou!
Are you averaging close to 90 hrs a week?

Reply With Quote
  #174 (permalink)  
Old 30-03-2021, 10:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Since we are doing this, current assoc at a BB IBD, pay for last year as an analyst was 170k + 170k all cash. Got my A2A promotion at the start of the year and already having turned down 2 PE offers. Bump up in base to 240 and from what i hear bonus at associate level start to really take off. For all the juniors out there keep grinding it out! Pain is temporary jiayou!
Can understand the money is tempting but is the grind worth it.?
Reply With Quote
  #175 (permalink)  
Old 30-03-2021, 11:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Anyone in Hedge Fund space care to share their salary numbers? Quite curious about this space.
Reply With Quote
  #176 (permalink)  
Old 31-03-2021, 10:08 AM
Unregistered
Guest
 
Posts: n/a
Default

1st year analyst at large American pure play asset manager
2020 all in package: 130 (110 base, 20 bonus)
Got bumped up to 120 for 2021
Hope 2021 will be better
Reply With Quote

  #177 (permalink)  
Old 31-03-2021, 10:11 AM
Unregistered
Guest
 
Posts: n/a
Default

Hi everyone - anyone can share some insight into progression in a VC as a first job fresh out of university. I do not have investment banking experience, nor an MBA.

Will my career progression be hindered because of the above factors?
What salary and increment can I look forward to?
Reply With Quote
  #178 (permalink)  
Old 31-03-2021, 10:47 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
1st year analyst at large American pure play asset manager
2020 all in package: 130 (110 base, 20 bonus)
Got bumped up to 120 for 2021
Hope 2021 will be better
Was the 20 a stub bonus for the first 6 months?
Care to share which asset class you are on?
Reply With Quote
  #179 (permalink)  
Old 31-03-2021, 03:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Was the 20 a stub bonus for the first 6 months?
Care to share which asset class you are on?
Yearly performance bonus, was quite disappointing
Fixed income sales role
Reply With Quote
  #180 (permalink)  
Old 31-03-2021, 04:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yearly performance bonus, was quite disappointing
Fixed income sales role

Hang in there, it should get better after your first promotion!
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
SIM-UOL Degree in Econs/Finance or Accounting/Finance Shenanigans Income and Jobs 7 05-03-2023 01:08 PM
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

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
11,125 Replies, 6,809,139 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,820 Replies, 5,073,382 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,330 Replies, 3,446,418 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,138 Replies, 3,781,723 Views
Work in SMU ( 1 2)
12 Replies, 4,685 Views
Compare civil service salary ( 1 2 3... Last Page)
16,408 Replies, 12,560,299 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
413 Replies, 498,795 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,868 Replies, 4,706,383 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
732 Replies, 408,060 Views
ITE (lecturer) ( 1 2 3... Last Page)
278 Replies, 391,049 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,278 Replies, 631,692 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,585 Replies, 2,369,636 Views
ST Engineering Land Systems ( 1 2 3)
24 Replies, 11,593 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,486 Replies, 802,271 Views
Lawyer Salary ( 1 2 3... Last Page)
21,103 Replies, 10,429,375 Views
ST Electronics ( 1 2 3... Last Page)
3,801 Replies, 1,568,246 Views
DBS ACE Programme ( 1 2 3... Last Page)
153 Replies, 81,756 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,810 Replies, 1,435,384 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,963 Replies, 1,076,821 Views
HDB (under MND) ( 1 2 3... Last Page)
534 Replies, 612,901 Views
Private Banking Salaries ( 1 2 3... Last Page)
82 Replies, 138,202 Views
Singtel Management Associate... ( 1 2 3... Last Page)
1,203 Replies, 549,044 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
915 Replies, 523,894 Views
merit increment in civil service ( 1 2 3... Last Page)
280 Replies, 297,130 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,764 Replies, 1,511,845 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,052 Replies, 448,684 Views
Ensign InfoSecurity ( 1 2 3)
26 Replies, 11,251 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,341 Replies, 1,159,397 Views
Maritime and Port Authority of... ( 1 2)
18 Replies, 19,517 Views
GovTech ( 1 2 3... Last Page)
5,545 Replies, 2,256,481 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:10 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2