Q: Big4 - Yearly salary increment

Originally Posted by PleaseGPGT

fresh grad starts at analyst instead of associate isnt it?

Yup. We are discussing on Associate’s pay

Originally Posted by PleaseGPGT

fresh grad starts at analyst instead of associate isnt it?

Doesnt matter what they call it. What matters is the pay. U can call me analyst for life but pls increase my pay appropriately.

Originally Posted by PleaseGPGT

fresh grad starts at analyst instead of associate isnt it?

American BB BO:

Analyst: Starts from 4.5k
Junior Associate: Starts from 6k
Senior Associate: Starts from 7.5k
VP: Starts from 10k

American BB MO:

Analyst: Starts from 5k
Junior Associate: Starts from 7k
Senior Associate: Starts from 8.5k
VP: Starts from 12k

From the Grad programme thread:

- FINANCIAL INSTITUTIONS -
BAML (IB/ SnT) = 8.2k to 10.0k
BAML (TB) = 4.8k to 5.0k
BAML (Tech) = 4.8k
Citibank (IB/ SnT) = 9.6k
Citibank (MAP) = 4.5k to 4.6k
Citibank (Tech) = 4.6k to 5.4k
Credit Suisse (IB) = 10k
Credit Suisse (Tech) = 4.7k to 4.9k
Credit Suisse (BO) = 34k
Deutsche Bank (SnT) = 6.0k to 6.8k
Deutsche Bank (TB) = 4.8k to 5.2k
Deutsche Bank (BO) = 4.5k
GIC (FO) = 7.8k
HSBC (MAP) = 4.5k to 4.7k
HSBC (CB) = 4.8k
HSBC (PB) = 4.5k
JP (IB/ SnT) = 10k
JP (WM) = 8k
JP (Tech) = 5.25k
SCB (IGP) = 5.0k to 5.2k
UBS (IB) = 10k
UBS (WM) = 5.0k to 5.4k
UBS (Tech) = 4.8k
UBS (Ops) = 4.4k
SocGen (Research) = 4k
S&P (Research) = 4k
BNP Paribas (IB/ SnT) = 7.5k
GS (BO) = 4.6k

Originally Posted by Unregistered

American BB BO:

Analyst: Starts from 4.5k
Junior Associate: Starts from 6k
Senior Associate: Starts from 7.5k
VP: Starts from 10k

American BB MO:

Analyst: Starts from 5k
Junior Associate: Starts from 7k
Senior Associate: Starts from 8.5k
VP: Starts from 12k

This is fairly accurate. But senior associate and VP may vary (slightly higher) for BO.

Originally Posted by Unregistered

From the Grad programme thread:

- FINANCIAL INSTITUTIONS -
BAML (IB/ SnT) = 8.2k to 10.0k
BAML (TB) = 4.8k to 5.0k
BAML (Tech) = 4.8k
Citibank (IB/ SnT) = 9.6k
Citibank (MAP) = 4.5k to 4.6k
Citibank (Tech) = 4.6k to 5.4k
Credit Suisse (IB) = 10k
Credit Suisse (Tech) = 4.7k to 4.9k
Credit Suisse (BO) = 34k
Deutsche Bank (SnT) = 6.0k to 6.8k
Deutsche Bank (TB) = 4.8k to 5.2k
Deutsche Bank (BO) = 4.5k
GIC (FO) = 7.8k
HSBC (MAP) = 4.5k to 4.7k
HSBC (CB) = 4.8k
HSBC (PB) = 4.5k
JP (IB/ SnT) = 10k
JP (WM) = 8k
JP (Tech) = 5.25k
SCB (IGP) = 5.0k to 5.2k
UBS (IB) = 10k
UBS (WM) = 5.0k to 5.4k
UBS (Tech) = 4.8k
UBS (Ops) = 4.4k
SocGen (Research) = 4k
S&P (Research) = 4k
BNP Paribas (IB/ SnT) = 7.5k
GS (BO) = 4.6k

Repost due to typo:

-FINANCIAL INSTITUTIONS -
BAML (IB/ SnT) = 8.2k to 10.0k
BAML (TB) = 4.8k to 5.0k
BAML (Tech) = 4.8k
Citibank (IB/ SnT) = 9.6k
Citibank (MAP) = 4.5k to 4.6k
Citibank (Tech) = 4.6k to 5.4k
Credit Suisse (IB) = 6.8k to 7.2k
Credit Suisse (Tech) = 4.7k to 4.9k
Credit Suisse (BO) = 3.6k to 3.9k
Deutsche Bank (SnT) = 6.0k to 6.8k
Deutsche Bank (TB) = 4.8k to 5.2k
Deutsche Bank (BO) = 4.5k
GIC (FO) = 7.8k
HSBC (MAP) = 4.5k to 4.7k
HSBC (CB) = 4.8k
HSBC (PB) = 4.5k
JP (IB/ SnT) = 10k
JP (WM) = 5.2k
JP (BO) = 4.0k to 5.0k
SCB (IGP) = 5.0k to 5.2k
UBS (IB) = 10k
UBS (WM) = 5.0k to 5.4k
UBS (Tech) = 4.8k
UBS (Ops) = 4.4k
SocGen (Research) = 4k
S&P (Research) = 4k
BNP Paribas (IB/ SnT) = 7.5k
GS (BO) = 4.5k

Figures from the GA threads are mostly off.

GS starts at 4.6k and CS starts at 4.2k at the fresh grad level.

Originally Posted by Unregistered

This is fairly accurate. But senior associate and VP may vary (slightly higher) for BO.

Typically how many years does it take to be promoted from Analyst -> Junior Associate -> Senior Associate?

Originally Posted by Unregistered

Typically how many years does it take to be promoted from Analyst -> Junior Associate -> Senior Associate?

Fastest in the firm is 4 years. But you have to network like crazy and be super visible. Being the top performer consistently in your class is important as well.

Originally Posted by Unregistered

American BB BO:

Analyst: Starts from 4.5k
Junior Associate: Starts from 6k
Senior Associate: Starts from 7.5k
VP: Starts from 10k

American BB MO:

Analyst: Starts from 5k
Junior Associate: Starts from 7k
Senior Associate: Starts from 8.5k
VP: Starts from 12k

how do you differentiate between senior and junir assoc? also how's bonus? at least 2 months?