Anyone work in JPM/GS/Morgan Stanley back office before?

Originally Posted by Unregistered

I'm not the poster of that claim, but I work in BB MO/BO.

Depends how expensive you want your condo and car to be.
At a base salary of slightly >100k per annum. Within 5-6 years, I am able to afford downpayment for a 1.5m condo + a decent continental car by myself if I want.

Of course, tanking the monthly installments is a challenge if you're doing it by yourself (about 40-50% of your take home pay will go to loan/mortgage payments), but definitely doable.

Hello there, thank you for sharing! Mind sharing your starting salary as a BB MO/BO? How was your promotion/progression like over the years? Thanks!

Originally Posted by Unregistered

I'm not the poster of that claim, but I work in BB MO/BO.

Depends how expensive you want your condo and car to be.
At a base salary of slightly >100k per annum. Within 5-6 years, I am able to afford downpayment for a 1.5m condo + a decent continental car by myself if I want.

Of course, tanking the monthly installments is a challenge if you're doing it by yourself (about 40-50% of your take home pay will go to loan/mortgage payments), but definitely doable.

Yeah definitely doable. 5-6 years for high performers usually Around 120-160k already total compensation. Quite dangerous if going solo as bb axe people fast and furious if underperform. Assuming combine with wife who draws an average salary say 5k per month and mortgage would be a breeze. Conti car is definitely easily within reach.

Disclaimer: only for US big 3 BBs

Originally Posted by Unregistered

Yeah definitely doable. 5-6 years for high performers usually Around 120-160k already total compensation. Quite dangerous if going solo as bb axe people fast and furious if underperform. Assuming combine with wife who draws an average salary say 5k per month and mortgage would be a breeze. Conti car is definitely easily within reach.

Disclaimer: only for US big 3 BBs

Are you working at one the BBs in MO/BO? Care to share your career and salary progression?

Originally Posted by Unregistered

Are you working at one the BBs in MO/BO? Care to share your career and salary progression?

what has been shared in this thread by earlier posters is accurate

Originally Posted by Unregistered

what has been shared in this thread by earlier posters is accurate

Hmm 5-6 years YOE hitting 160k TC seems a tad high though

Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops

Originally Posted by Unregistered

Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops

Have u been invited for GS superday for 2022grad?

Originally Posted by Unregistered

Hmm 5-6 years YOE hitting 160k TC seems a tad high though

He is talking rubbish. BO/MO even at BB dont make that much.

120k maybe believable.

Originally Posted by Unregistered

Hello, what's the starting salary for GS BO roles for fresh grads like? and also the WLB in ops

You're prob looking at between 4k+ to 5k. WLB has been answered in earlier posts on the same thread. You can have a look.

Originally Posted by Unregistered

You're prob looking at between 4k+ to 5k. WLB has been answered in earlier posts on the same thread. You can have a look.

Is this range for local grads only or it doesn't matter? even though i have an annual salary growth of 17%, i was just getting this amount after a few years of experience. my starting pay as a fresh grad was only 2.5k at a big bank MO but not BB. seeing this is demoralising lol