Oxford fresh grad starting pay - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Oxford fresh grad starting pay

Reply
 
Thread Tools
  #1 (permalink)  
Old 16-05-2012, 10:08 AM
Junior Member
 
Join Date: May 2012
Posts: 3
oxfordd is on a distinguished road
Default Oxford fresh grad starting pay

Hello,

Ill be graduating from oxford this year. May I know what compensation packages I should be expecting given that Ill be applying to GIC, foreign banks, and local banks?


Cheers!

Reply With Quote
  #2 (permalink)  
Old 16-05-2012, 10:14 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by oxfordd View Post
Hello,

Ill be graduating from oxford this year. May I know what compensation packages I should be expecting given that Ill be applying to GIC, foreign banks, and local banks?


Cheers!
Since you're a fresh grad, you'll have to take whatever they offer, your degree notwithstanding. If you have to put down a figure, you can try 5-6k.

The job market isn't particularly good these days. GIC has its pool of scholars, direct and indirect from government agencies, to tap on.

Any particular reason why you aren't trying London first? It's always good exposure for overseas grads (I assume you're Singaporean). Is London's jobs situation very bad?

Reply With Quote
  #3 (permalink)  
Old 16-05-2012, 12:54 PM
Junior Member
 
Join Date: May 2012
Posts: 6
leehom is on a distinguished road
Default

about USD 35k per month

should nt be a problem.

Reply With Quote
  #4 (permalink)  
Old 16-05-2012, 08:42 PM
Senior Member
 
Join Date: May 2012
Posts: 70
Sam Adams is on a distinguished road
Default

friend this is not a command economy. you get paid based on where you work....
Reply With Quote
  #5 (permalink)  
Old 17-05-2012, 03:11 AM
Junior Member
 
Join Date: May 2012
Posts: 3
oxfordd is on a distinguished road
Default

Dear Unregisted,

Ill most probably be trying the london firms as well, just wondering how competitive the pay packages are in singapore. Do you have any idea how much these GIC scholars get paid then?


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #6 (permalink)  
Old 17-05-2012, 03:16 AM
Senior Member
 
Join Date: May 2012
Posts: 70
Sam Adams is on a distinguished road
Default

you're graduating in a month and only applying now? that ship has long sailed mate.
Reply With Quote

  #7 (permalink)  
Old 17-05-2012, 11:08 AM
Unregistered
Guest
 
Posts: n/a
Default

GIC graduate program I was offered $5k p/m only. Pretty low but it goes up to $8k plus after 1st year when you get assigned to a dept.

After that, I dont know cuz I took up a bank job instead. I wasn't a scholar and it was precisely that reason why I didn't take up the job. You don't want to be second class the moment you enter.


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #8 (permalink)  
Old 17-05-2012, 11:33 AM
Unregistered
Guest
 
Posts: n/a
Default

$0 if you are jobless.
Reply With Quote
  #9 (permalink)  
Old 17-05-2012, 11:36 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
GIC graduate program I was offered $5k p/m only. Pretty low but it goes up to $8k plus after 1st year when you get assigned to a dept.

After that, I dont know cuz I took up a bank job instead. I wasn't a scholar and it was precisely that reason why I didn't take up the job. You don't want to be second class the moment you enter.
Highly overpaid. Such obscene pay leads to the obstentatious arrogance we see of overpaid bankers. Can't blame them. It's the result of over-liberalization of the finance sector in US. Affects the whole world.
Reply With Quote
  #10 (permalink)  
Old 17-05-2012, 05:20 PM
Unregistered
Guest
 
Posts: n/a
Default

On what basis do you say that $5k a month is over-paid?

Banking jobs are limited. The demand to land such jobs far exceed the supply. Like everything that is limited, a system of allocation needs to be in-place. Our society has elected to use the system of meritocracy - We allocate limited resources based on merit.

Perhaps, only the brightest 1-2% of our generation land such jobs. The top graduates from our education system.

What is the cut-off point for public housing? $10k pm. ($12k if you consider EC). What is the proportion living in private housing? About 20%.

So 20% of households should be earning >$10/12k per month. Income disparity rises as you go up the scale.

What should the top 1-2% of our society be earnining? How much do top 1-2% of Doctors, Lawyers, Company management earn in our society? About $1-2 million a year according to PAP. So a starting pay of $5k pm ($60k pa) seems to be on the low side to me.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
SIM-UOL fresh grad starting pay poorman Income and Jobs 2554 16-02-2020 12:24 AM
NUS Bachelor of Arts Fresh Grad Starting Pay? theonethatgotaway Income and Jobs 14 30-03-2018 07:37 PM
Starting pay for fresh grad? k3vin Income and Jobs 19 30-03-2018 01:39 AM
Fresh Grad with Masters starting salary in banking Novice Income and Jobs 18 09-02-2016 08:57 PM
Starting pay for fresh uni grad with partial acca geeokleiv Income and Jobs 0 13-06-2011 11:57 AM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
2,418 Replies, 1,480,175 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
43 Replies, 5,122 Views
Job offer from Apple ( 1 2 3... Last Page)
411 Replies, 70,916 Views
Lawyer Salary ( 1 2 3... Last Page)
4,995 Replies, 2,187,746 Views
Summer Internships 2020 ( 1 2)
16 Replies, 617 Views
Compare civil service salary ( 1 2 3... Last Page)
9,137 Replies, 5,284,345 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,699 Replies, 1,013,755 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,578 Replies, 1,223,982 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,978 Replies, 1,800,601 Views
Chevron COBRA assesment, please... ( 1 2)
18 Replies, 48,829 Views
Marsh Graduate Development Program ( 1 2)
15 Replies, 1,252 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,868 Replies, 3,647,034 Views
SPF (Direct-Entry Inspector) ( 1 2)
11 Replies, 1,827 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
251 Replies, 75,312 Views
Constituency Manager (People... ( 1 2 3... Last Page)
854 Replies, 429,598 Views
Fresh Grad from local U cant find... ( 1 2 3... Last Page)
40 Replies, 3,990 Views
Job Application with MOE... ( 1 2 3... Last Page)
203 Replies, 197,200 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
878 Replies, 716,725 Views
What are your Job benefits ( 1 2)
14 Replies, 6,909 Views
What course should I undertake?
8 Replies, 3,096 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
121 Replies, 95,055 Views
Life as a ICA Senior Officer ( 1 2 3... Last Page)
103 Replies, 121,129 Views
Big 4 firm rescind offers ( 1 2 3... Last Page)
54 Replies, 12,620 Views
Our Poll Results: 45% Fresh... ( 1 2 3)
29 Replies, 15,866 Views
What is the usual salary for...
4 Replies, 1,932 Views
Q: Management Associate at SGX ( 1 2)
16 Replies, 6,217 Views
Insurance Management Associate... ( 1 2 3... Last Page)
30 Replies, 12,244 Views
Career at Keppel
3 Replies, 346 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
663 Replies, 325,787 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:46 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2