SIM-UOL fresh grad starting pay

Originally Posted by Unregistered

No... Ops VP hardly start above 10k. Unless your friends are in tech.... If not no way.

They do actually (US BBs - ~ 11-12k). Unless you are someone with really low YOE but promote fast (high flyer)

Originally Posted by Unregistered

They do actually (US BBs - ~ 11-12k). Unless you are someone with really low YOE but promote fast (high flyer)

Bro.. I dont know where you got your info from. I am in US BB, not your high flyer, whether you believe it or not, yeary increment on average is 2-3%, promotion increment is 15% max. You start off non grad prog at 3.5k base, promote to senior analyst in year 3-4, promoted to avp in year 5-7, and VP in 7-10. The max I've gotten in bonus is 0.5 months with 1k USD Extra due to tax cuts for US banks, I've been here long enough to know the above, again, I am in ops not tech.

Originally Posted by Unregistered

Bro.. I dont know where you got your info from. I am in US BB, not your high flyer, whether you believe it or not, yeary increment on average is 2-3%, promotion increment is 15% max. You start off non grad prog at 3.5k base, promote to senior analyst in year 3-4, promoted to avp in year 5-7, and VP in 7-10. The max I've gotten in bonus is 0.5 months with 1k USD Extra due to tax cuts for US banks, I've been here long enough to know the above, again, I am in ops not tech.

Can agree with this too. All these jokers and trolls who probably can't even step foot into a BB and throwing all these numbers out based on hearsay or other troll forummers

Got my degree from kaplan last year, but I managed to get offers from a french asset management, fintech startup, sembcorp and stat board in my recent job hunt.

I guess you just need to get your first job, grind harder and, everything will fall into place.

In case you are wondering, I have 5 years of experience now, in IT sector.

Just my 2 cents. All the best guys! Don’t give up!

Originally Posted by Unregistered

Bro.. I dont know where you got your info from. I am in US BB, not your high flyer, whether you believe it or not, yeary increment on average is 2-3%, promotion increment is 15% max. You start off non grad prog at 3.5k base, promote to senior analyst in year 3-4, promoted to avp in year 5-7, and VP in 7-10. The max I've gotten in bonus is 0.5 months with 1k USD Extra due to tax cuts for US banks, I've been here long enough to know the above, again, I am in ops not tech.

I am in a US bank as well. Your pointers don’t seem to refute mine — which is to say, VPs start of at 11k-12k unless you have lesser YOE but promote fast because you are a high flyer (eg 6 years from analyst to VP - I saw one class of grad programme which all got VP in 6 years apart from 1). Meaning to say, if you hit VP faster with say 6 YOE, your base will be slightly lower than someone who hit VP in say 8 years (start at ~11-12k). There’s no AVP in my bank. Given that you have provided a range (which is somewhat accurate for a typical direct hire grinder), I doubt you are a VP yet, but do correct me if I’m wrong. Bonuses range from 0.5-3months in ops, but I would say avg is 1-1.5. If you are getting 0.5 it means your team/you are not delivering.

Originally Posted by Unregistered

I am in a US bank as well. Your pointers don’t seem to refute mine — which is to say, VPs start of at 11k-12k unless you have lesser YOE but promote fast because you are a high flyer (eg 6 years from analyst to VP - I saw one class of grad programme which all got VP in 6 years apart from 1). Meaning to say, if you hit VP faster with say 6 YOE, your base will be slightly lower than someone who hit VP in say 8 years (start at ~11-12k). There’s no AVP in my bank. Given that you have provided a range (which is somewhat accurate for a typical direct hire grinder), I doubt you are a VP yet, but do correct me if I’m wrong. Bonuses range from 0.5-3months in ops, but I would say avg is 1-1.5. If you are getting 0.5 it means your team/you are not delivering.

Ur bank sounds like jpm, and his bank sounds like Citibank.

Originally Posted by Unregistered

I am in a US bank as well. Your pointers don’t seem to refute mine — which is to say, VPs start of at 11k-12k unless you have lesser YOE but promote fast because you are a high flyer (eg 6 years from analyst to VP - I saw one class of grad programme which all got VP in 6 years apart from 1). Meaning to say, if you hit VP faster with say 6 YOE, your base will be slightly lower than someone who hit VP in say 8 years (start at ~11-12k). There’s no AVP in my bank. Given that you have provided a range (which is somewhat accurate for a typical direct hire grinder), I doubt you are a VP yet, but do correct me if I’m wrong. Bonuses range from 0.5-3months in ops, but I would say avg is 1-1.5. If you are getting 0.5 it means your team/you are not delivering.

You are prolly in JPM or GS which could explain the difference. I was in one of those with AVP as a title. But I left in year 6 and moved into s&t.

Originally Posted by Unregistered

You are prolly in JPM or GS which could explain the difference. I was in one of those with AVP as a title. But I left in year 6 and moved into s&t.

Lateral move? If not how did you make the switch? Am curious.

Anyone knows the Degree classification of the honours degree in SIM UOL?

Is the below correct?

First Class Honours 70 - 100
Upper Second Class Honours 60 - 69
Lower Second Class Honours 50 - 59
Third Class Honours 40 - 49
Pass 34 - 40
Fail 0 - 33

Originally Posted by Unregistered

Anyone knows the Degree classification of the honours degree in SIM UOL?

Is the below correct?

First Class Honours 70 - 100
Upper Second Class Honours 60 - 69
Lower Second Class Honours 50 - 59
Third Class Honours 40 - 49
Pass 34 - 40
Fail 0 - 33

There's no third class honours. 40-49 is pass. Below 40 is a fail.