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DBS Management Associate Program 2015

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  #1651 (permalink)  
Old 06-07-2020, 09:55 AM
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I heard DBS FO only 5k+ base pay. A far cry from the base pay of 9k+ in bulge brackets.



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  #1652 (permalink)  
Old 06-07-2020, 10:11 AM
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Hope HR gets back today for everyone. Fingers crossed!

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  #1653 (permalink)  
Old 06-07-2020, 10:15 AM
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Hope HR gets back today for everyone. Fingers crossed!
good luck everyone!

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  #1654 (permalink)  
Old 06-07-2020, 10:18 AM
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Hope HR gets back today for everyone. Fingers crossed!
It's already July, whereas the program is supposed to start in Sep, only 2 mon away. I am getting the feeling that indicative offers should have been out for all 3 tracks.

It will be quite funny, and sort of awkward, if that's not the case
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  #1655 (permalink)  
Old 06-07-2020, 10:27 AM
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It's already July, whereas the program is supposed to start in Sep, only 2 mon away. I am getting the feeling that indicative offers should have been out for all 3 tracks.

It will be quite funny, and sort of awkward, if that's not the case
I am quite positive that IBG and T&M are still ongoing since I know of at least 5 people who have not heard from HR so let's hope for the best
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  #1656 (permalink)  
Old 06-07-2020, 10:55 AM
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taleo job status is still active and open
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  #1657 (permalink)  
Old 06-07-2020, 11:38 AM
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I heard DBS FO only 5k+ base pay. A far cry from the base pay of 9k+ in bulge brackets.
This is a very broad statement. Many BBs pay >9k for IB and S&T, but there are global banks paying less than that too for those roles. You might expect banks like SCB and BNP (non-BB global banks) to pay better than local banks but nope.

And the rest of the FOs, like AM, WM, TB, no BBs pay 9k and above for fresh entries in these functions.

So really, you can't be applying to let's say consumer banking in DBS and then benchmarking your pay against IBD in Goldman. FO is so broad to begin with.
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  #1658 (permalink)  
Old 06-07-2020, 11:39 AM
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If there were talks about comp discussion, then you are in pretty good shape! hang in there!
thanks for your kind words, but unfortunately, that's not the case.

hr just called to ding me. feedback in a nutshell: you're good and have strong points, but there're better candidates that they've decided to offer to.

good luck to everyone else who's expecting a call!

P.S. I applied to CBG
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  #1659 (permalink)  
Old 06-07-2020, 11:42 AM
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thanks for your kind words, but unfortunately, that's not the case.

hr just called to ding me. feedback in a nutshell: you're good and have strong points, but there're better candidates that they've decided to offer to.

good luck to everyone else who's expecting a call!

P.S. I applied to CBG
This doesn't reflect well on DBS tbh. It's as if they're saying they would rather settle on candidates who are good enough and has lower pay expectations, than really the top candidates who are asking for higher compensation but are open to negotiation. Thanks for letting us know.
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  #1660 (permalink)  
Old 06-07-2020, 11:44 AM
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thanks for your kind words, but unfortunately, that's not the case.

hr just called to ding me. feedback in a nutshell: you're good and have strong points, but there're better candidates that they've decided to offer to.

good luck to everyone else who's expecting a call!

P.S. I applied to CBG
Sorry to hear that. I am sure there are better things in store for you!
Just wondering, are you a local or would you have needed sponsorship?
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