Fresh Graduate with offer in banking role requiring 4 years experience

[bobsman]

Originally Posted by Unregistered

llst 2nd lowers just take..

u from finance degree?

I'm a local uni business degree (hons) specialising in finance.

Tried to nego but failed, HR keep saying fresh grad can't nego and I'm guessing they probably have fixed salary ranges for fresh grads as most local banks do.

Initially was worried about the minimum 4 years experience, but HR assured me that my KPIs and responsibilities won't be based on this, which is nice.

Anyway thanks all for the replies, I have accepted the offer at 3.3k.

Originally Posted by Unregistered

BOS, OCBC (for FCH), DBS (before they phased out MA for fresh grads) pays above 4.5k..

Not true, this year's latest salary for BOS is 4100, UOB is 4200, OCBC is 4400 for first class honours. Anything above this is variable compensation (bonus) which is not guaranteed. The figures listed above are basic salaries.

I know Citi back office is 5.25k. JPM tech is 6k, Credit Suisse 5.5k, Deutsche 5.8k. FO roles for JPM GS MS are ~9.5k (S&T) and 11k (IB)

source: SMU friends