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

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  #181 (permalink)  
Old 17-11-2022, 10:25 PM
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Hi guys, anyone knows how much GS ops is paying for fresh grads / 0 YOE?
65k per annum as of the latest batch of summer analysts converted.

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  #182 (permalink)  
Old 17-11-2022, 11:01 PM
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65k per annum as of the latest batch of summer analysts converted.
Oh what…saw on MCF 6k min for analyst eh



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  #183 (permalink)  
Old 17-11-2022, 11:40 PM
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Oh what…saw on MCF 6k min for analyst eh
That is probably a direct hire role. Graduates earn less than direct hires in GS.

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  #184 (permalink)  
Old 17-11-2022, 11:44 PM
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That is probably a direct hire role. Graduates earn less than direct hires in GS.
Ah I see. Makes sense haha. Appreciate the help and thanks!
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  #185 (permalink)  
Old 18-11-2022, 08:56 PM
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That is probably a direct hire role. Graduates earn less than direct hires in GS.
aren't graduates usually paid higher than direct hires with 0 yoe? i'm confused
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  #186 (permalink)  
Old 18-11-2022, 09:01 PM
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aren't graduates usually paid higher than direct hires with 0 yoe? i'm confused
no lol

graduate programs pay less than entry level direct hires because programs are a lot easier to get in while direct hires are harder since they treat u like every other typical interview
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  #187 (permalink)  
Old 19-11-2022, 01:43 AM
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no lol

graduate programs pay less than entry level direct hires because programs are a lot easier to get in while direct hires are harder since they treat u like every other typical interview
graduate programs are usually fast track programs grooming future managements. they are typically paid much higher than direct entry hires.
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  #188 (permalink)  
Old 19-11-2022, 11:20 AM
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graduate programs are usually fast track programs grooming future managements. they are typically paid much higher than direct entry hires.
Wha makes u think large foreign banks like gs and jpm hire direct hires with 0 yoe lol.. they either hire graduates, or ppl with past years of exp. This explains why dire hire pay > graduates with no exp at all
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  #189 (permalink)  
Old 19-11-2022, 09:13 PM
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aren't graduates usually paid higher than direct hires with 0 yoe? i'm confused
You mean GS grad program?

Nope they are not paid more actually. I got a few friends in it both direct hires and grads, the direct hires earn more but then again they negotiated packages ( as you should with any offer ) so I don't know.

You are 100% right if it's comparing grad program pay to direct hire pay with no nego and possibly lowball.
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  #190 (permalink)  
Old 22-11-2022, 07:08 PM
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Anyone knows how many rounds of interview for GS direct hire?
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