High Finance Thread

Originally Posted by Unregistered

Hi everyone,

Fresh out of Uni and I just got these 2 offers and am looking for advice:

1. Bloomberg Sales & Analytics, I'll most likely be starting at Analytics (helpdesk) for 2-3 years and then move on to sales.

2. Graduate Talent Program in IB Back Office Operations, 2-year long program where I'll be rotating departments / teams.

Starting salary for Bloomberg is higher.

Anyone have insights / advice about the career prospects / progression / exit opportunities in either path?

Appreciate whatever help and advise I can get.

Thank you!

Front office vs Back office.

Profit centre vs Cost centre

Variable bonus vs fixed bonus.

It is your choice. Helpdesk helps you have a thorough understanding of the Bloomberg suite of products. It prepares you when you meet clients in the future.

Easier to transit to banking sales and trading from bloomberg imo.

Originally Posted by Unregistered

Front office vs Back office.

Profit centre vs Cost centre

Variable bonus vs fixed bonus.

It is your choice. Helpdesk helps you have a thorough understanding of the Bloomberg suite of products. It prepares you when you meet clients in the future.

Easier to transit to banking sales and trading from bloomberg imo.

Think little to no chance to transfer from tech sales to IB S&T.

Depends on what you want OP. IB BO should be more chill compared to Bloomberg sales (esp if you are starting out with help desk).

Bonuses + Progression Wise — I heard Bloomberg is pretty bad. IB GT program progression should be better? If you are looking to move to FO, idk any who made the move from BBG (maybe cus my network is mostly in banking) but seen many from BO/MO moving to FO.

Originally Posted by Unregistered

Think little to no chance to transfer from tech sales to IB S&T.

Depends on what you want OP. IB BO should be more chill compared to Bloomberg sales (esp if you are starting out with help desk).

Bonuses + Progression Wise — I heard Bloomberg is pretty bad. IB GT program progression should be better? If you are looking to move to FO, idk any who made the move from BBG (maybe cus my network is mostly in banking) but seen many from BO/MO moving to FO.

I’m quite surprised to hear that there are many BO moving to FO

Originally Posted by Unregistered

I’m quite surprised to hear that there are many BO moving to FO

don’t think there’s many, but seen before la

Hi, looking for some advice here.

Received 2 offers and not sure which to choose:
1. Top BB Ops with good salary
2. TB Grad Programme at local/international bank, slightly lower pay than BB Ops

Originally Posted by Unregistered

Hi, looking for some advice here.

Received 2 offers and not sure which to choose:
1. Top BB Ops with good salary
2. TB Grad Programme at local/international bank, slightly lower pay than BB Ops

what's TB? transaction banking?

yes transaction banking

Originally Posted by Unregistered

yes transaction banking

take the grad program and try to end up in a front office role, even within TB

Originally Posted by Unregistered

Hi, looking for some advice here.

Received 2 offers and not sure which to choose:
1. Top BB Ops with good salary
2. TB Grad Programme at local/international bank, slightly lower pay than BB Ops

Hi can i ask what is transaction banking starting salary?

Originally Posted by Unregistered

Hi can i ask what is transaction banking starting salary?

Not much, most foreign banks pay at most 4k even if you're in sales.