GIC (Government of Singapore Investment Corporation)

[free]

hi, need some advice on GIC, what is the starting pay like for fresh grad and.. how is the career prospect like?

Support function ~4.8k 5mths bonus
Portfolio function ~8k 7-9mths bonus

Originally Posted by free

hi, need some advice on GIC, what is the starting pay like for fresh grad and.. how is the career prospect like?

It's not easy to get in as a fresh grad unless you've got excellent results... Good luck..

Was a couple of years into my career at a foreign bank when I received an email to go for their management associate program.

I thought it was a mid-career MA program but during the interview rounds I realised that they were also interviewing fresh grads. Big turn-off.

Program pay was 5k pm which (much lower than my last drawn) but supposedly moves up to 8k pm after 1st year.

Received some advice not to join GIC as it was the parking lot for government scholars. This meant that if you weren't a scholar, you'd be 2nd class citizen. Didn't sit well with me. My pov is to avoid such organisations. My advice is that private sector might be better (if you have the choice). Otherwise, start GIC and move out. I know of someone who did just that.

Goodluck.

Originally Posted by Unregistered

Support function ~4.8k 5mths bonus
Portfolio function ~8k 7-9mths bonus

anyone knows how much an associate and associate director earns in Temasek holdings?

Originally Posted by Unregistered

anyone knows how much an associate and associate director earns in Temasek holdings?

Was about $10 - 12 per month for associate & $15 to 18k per month for AD some time back. Not sure now.

Originally Posted by Unregistered

Was about $10 - 12 per month for associate & $15 to 18k per month for AD some time back. Not sure now.

Really? I'm in talks with Temasek now and I'm a mid-career entrant, I've asked for a pay that's less than 10k per month. Too little?

Originally Posted by Mid-career banker

Really? I'm in talks with Temasek now and I'm a mid-career entrant, I've asked for a pay that's less than 10k per month. Too little?

No mid career ask for <10k.

Portfolio side freshies will already exceed 10k within 2 years of joining

Originally Posted by Unregistered

Was a couple of years into my career at a foreign bank when I received an email to go for their management associate program.

I thought it was a mid-career MA program but during the interview rounds I realised that they were also interviewing fresh grads. Big turn-off.

Program pay was 5k pm which (much lower than my last drawn) but supposedly moves up to 8k pm after 1st year.

Received some advice not to join GIC as it was the parking lot for government scholars. This meant that if you weren't a scholar, you'd be 2nd class citizen. Didn't sit well with me. My pov is to avoid such organisations. My advice is that private sector might be better (if you have the choice). Otherwise, start GIC and move out. I know of someone who did just that.

Goodluck.

I have 5 years of experience and considering applying for their portfolio function.
Don't like joining big organization or government-linked. But the salary is too attractive. I wonder if I could get similar salary/perks if I join smaller investment firms?

can someone without a finance or investment background join GIC as a career change?

i currently have over 13 years experience in technology company, with experience in business development, project management and industry knowledge in telecommunications and transportation.