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-   -   SIM-UOL fresh grad starting pay (https://forums.salary.sg/income-jobs/1491-sim-uol-fresh-grad-starting-pay.html)

Unregistered 26-08-2016 03:36 PM

Quote:

Originally Posted by Unregistered (Post 89686)
Does anyone have any linkedin evidence of a SIM fresh grad taking up FO role in Finance? I keep reading about claims here and HWZ, but nobody able to show even ONE online profile of such a case.

hey mr bitter, what is yr definition of FO? why not u provide us with yr email and I'll sent u some of them as I don wanna expose ppl in a public forum

Sam Adams 27-08-2016 11:08 AM

These are the roles generally regarded as FO in high finance. Unless I missed out something, for the most part if the role is not in this list, it's either not in FO, or not in high finance.

Confirm in:
- M&A, IBD sector coverage at bulge bracket or elite boutique
- Sales and trading
- investment team in hedge fund or PE

Also can lah:
- ECM / DCM
- Equity Research
- investment team at asset manager

Doubtful but ppl like to act:
- Prime broker

I'm not the guy you're replying to but feel free to PM me also. As long as I've been in the industry, I've only seen private uni guys in front office roles of no name shops.

Unregistered 27-08-2016 11:17 AM

Quote:

Originally Posted by Sam Adams (Post 89893)
These are the roles generally regarded as FO in high finance. Unless I missed out something, for the most part if the role is not in this list, it's either not in FO, or not in high finance.

Confirm in:
- M&A, IBD sector coverage at bulge bracket or elite boutique
- Sales and trading
- investment team in hedge fund or PE

Also can lah:
- ECM / DCM
- Equity Research
- investment team at asset manager

Doubtful but ppl like to act:
- Prime broker

I'm not the guy you're replying to but feel free to PM me also. As long as I've been in the industry, I've only seen private uni guys in front office roles of no name shops.

To add on to your last point, you should also include personal bankers based in neighbourhood branches, selling insurance products, UTs, ILPs and stuffs like that. And "analyst" working in private / investment banks but in reality, they are based either in operations or are just assistants to the private bankers themselves. lol.

Being in the industry (i'm not from the FO but from the risk side) for some time, its always easy to spot if one is ********ting or not by just reading their JD or sometimes, just knowing their office location / floors. Or worse case scenario, just whatsapp my friends working in those banks to look at the staff directory. hahaha

Sam Adams 27-08-2016 05:03 PM

Quote:

Originally Posted by Unregistered (Post 89894)
To add on to your last point, you should also include personal bankers based in neighbourhood branches, selling insurance products, UTs, ILPs and stuffs like that.

These are not high finance.

The analysts you refer to can be FO, just that they are being incubated. Just like traders who are learning the ropes and don't have their own book yet.

Unregistered 27-08-2016 06:33 PM

Another batch of self-proclaimed investment FO experts hijack the thread and go on & on again. Does anyone have any linkedin evidence of SIM-UOL fresh grads taking up these jobs?

If not, please be considerate and share whatever your insights at the investment banking thread. This has nothing to do with "SIM-UOL fresh grad starting pay" which is the purpose of this discussion.

Unregistered 27-08-2016 07:20 PM

Quote:

Originally Posted by Sam Adams (Post 89902)
These are not high finance.

The analysts you refer to can be FO, just that they are being incubated. Just like traders who are learning the ropes and don't have their own book yet.

the last point meaning the "doubtful but people like to act" if you had read carefully.... Well Sam, i don't know which bank you worked for, but operations meaning settlements, payments processing teams and the likes. Excluding those in MAP, i have not seen FO juniors upon joining, being asked to sit within operations. Shadowing their seniors, yeah pretty common. But go sit with the KYC teams or corporate actions team? i don't know man. Maybe there are banks like that.

Unregistered 27-08-2016 08:14 PM

Associate, Client Configurations, Saxo Capital Markets



hi all, is above sentence counted as front / middle / back office?

Unregistered 27-08-2016 09:10 PM

Quote:

Originally Posted by Unregistered (Post 89903)
Another batch of self-proclaimed investment FO experts hijack the thread and go on & on again. Does anyone have any linkedin evidence of SIM-UOL fresh grads taking up these jobs?

If not, please be considerate and share whatever your insights at the investment banking thread. This has nothing to do with "SIM-UOL fresh grad starting pay" which is the purpose of this discussion.

wats ur prob? ppl want to share is good for everyone. some sim grads might be interested in joining fo side, u can always f**k off if not relevant for u.

Unregistered 28-08-2016 11:39 AM

Maybe we got to start off lower, taking the humble pie or even take a tougher road (What to blame, we didnt get into local uni in the first place and cant deny the fact that singapore companies look up more to the local grad..) But that doesnt mean its the end.. With effort and capability put in and shown, i believe one can shine too..

Just like so many engineering graduate ended up working in banking/finance industry..

And seriously, though grades might be important, but it isnt really everything.. Its a part of u, but it isnt all of u..

Unregistered 28-08-2016 11:41 AM

Quote:

Originally Posted by Unregistered (Post 89921)
Maybe we got to start off lower, taking the humble pie or even take a tougher road (What to blame, we didnt get into local uni in the first place and cant deny the fact that singapore companies look up more to the local grad..) But that doesnt mean its the end.. With effort and capability put in and shown, i believe one can shine too..

Just like so many engineering graduate ended up working in banking/finance industry..

And seriously, though grades might be important, but it isnt really everything.. Its a part of u, but it isnt all of u..

Thanks captain obvious!


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