DBS Management Associate Program 2015

Originally Posted by Unregistered

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

Applied to one of those tracks and was just notified by HR today that I will be hearing from them soon. Anyone else in similar situation?

All the best guys!

Originally Posted by Unregistered

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.

If indicated expectations is more than 5.5k = no chance.

Can not afford to pay that much.

Originally Posted by Unregistered

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

May I clarify what is your background?

Originally Posted by Unregistered

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.

I'm not sure what hr meant by "other better candidates", and to be honest as job applicants we'd never know the real, underlying reason for rejection. I tried to probe for specificity but hr wasn't able to say anything more—to be fair, they're mostly facilitators/messengers.

there's a possibility that my expected comp range is not as competitive as others; but that shouldn't be a dealbreaker since I made clear that it's negotiable.

oh well, another long, arduous job process that didn't bear fruit. good luck everyone!

Originally Posted by Unregistered

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?

thanks buddy! local here

Originally Posted by Unregistered

I'm not sure what hr meant by "other better candidates", and to be honest as job applicants we'd never know the real, underlying reason for rejection. I tried to probe for specificity but hr wasn't able to say anything more—to be fair, they're mostly facilitators/messengers.

there's a possibility that my expected comp range is not as competitive as others; but that shouldn't be a dealbreaker since I made clear that it's negotiable.

oh well, another long, arduous job process that didn't bear fruit. good luck everyone!

Agreed. If current or expected pay is more than $5.5k don’t brother to waste your time.

Previous batch MA with masters max also got $5.5k

Originally Posted by Unregistered

Agreed. If current or expected pay is more than $5.5k don’t brother to waste your time.

Previous batch MA with masters max also got $5.5k

With the bleak economy. The Starting pay will most likely not increase this year or in coming years.

So maintain with previous years with masters 5.5k Max pay is kind of reasonable

Originally Posted by Unregistered

Agreed. If current or expected pay is more than $5.5k don’t brother to waste your time.

Previous batch MA with masters max also got $5.5k

it doesn't make sense to compare because there's no previous batch per se. this is the first batch of EMAP, not MA, that they're taking in. MA doesn't require work experience or masters, EMAP does. it's not apples to apples.

5.5k is way below the range for any masters with considerable, relevant prior work experience. no self-respecting MBAs would also take that pay. DBS is not naive—it's the first time they're launching a graduate program and I trust that such a well-heeled bank would dedicate the resources to conduct prior salary benchmarking/market research.

if you don't have credible sources to back your claim about the pay ceiling of 5.5k for EMAP, then please keep your comments to yourself. don't mislead others here. thanks

Originally Posted by Unregistered

If indicated expectations is more than 5.5k = no chance.

Can not afford to pay that much.

Go **** yourself

Originally Posted by Unregistered

With the bleak economy. The Starting pay will most likely not increase this year or in coming years.

So maintain with previous years with masters 5.5k Max pay is kind of reasonable

The various replies spamming about 5.5k are from the same person... seems like he has a grudge with DBS