Fresh Graduate Starting Pay
 

Hi all, this is for all undergraduates/fresh graduates. Could we compile the monthly starting salaries for the benefit of all out there? :)

Banking
OCBC Young Bankers - $3,600
DBS MA - $3,900 - $4,800
Stanchart IG -
HSBC MA -
Citi MA -
Goldman -
JPM -


Finance/Accounting
Big 4 Auditing (KPMG/PWC/Deloitte/E&Y) - $2,800
Big 4 Advisory (CF/MC) -
Shell Programme -
Exxon Programme -
GSK Programme -
P&G Programme -
Unilever Programme -
SGX MA -
Singtel MA -

Stop thinking of what other people can do for you, but rather what you can do for others.

Paper certifications are getting more and more useless as the days go by.

...
 

Did you even do your research before posting this list? At least one of your companies listed has no "program".

UOB MA program. 2,800.
Start off as Manager.
Good points: Office politics always benefit you. Colleagues show you due respect. You don't need to worry about problems as long as you remain polite to them. Even the SVP, VP and AVP have to listen to you.

I work in the lower paying local bank and I'm sure envious of the top two local banks pay and even more for foreign banks pay. But in terms of stability, foreign banks aren't that stable in any period of high mkt volatility.

Pros n cons.

fresh grad havent experience the actual working world. dont think too much

Retirement Accounts
 

Retirement is not that easy if you do not have a lot of savings. You should be at least financially stable before you retire from your job. A brand new study states that more than a quarter of Americans with 401(k)s and other retirement accounts are dipping into those accounts before retirement to pay the bills. Maybe you should get a short term loan instead of taking cash out of retirement. It is not easy paying for your monthly debts if you are not financially stable after your retirement. You should try availing a short term loan right now if you need help with your expenses and in order to pay your debts on time as well.

Fresh grad, don't talk about starting salary first. I from NUS also having problem looking for job.
Damn frustrating.
When I apply for part-time 6/hour job, people say I over-qualified, and i have to convince them I am WILLING to do it.

Fresh grad just focus on finding a proper full-time job.

One of my friends is the same. cos he want to relax and just do a job he likes, apply 1.8k job also cannot get due to being overqualified.

Anyway, did you graduate this year May only? Have you managed to find a job yet though and how many interviews you went?

Any updates for 2016?

Banking
OCBC Young Bankers - $3,600
DBS MA - $3,900 - $4,800
Stanchart IG -
HSBC MA -
Citi MA -
Goldman -
JPM -


Finance/Accounting
Big 4 Auditing (KPMG/PWC/Deloitte/E&Y) - $2,850
Big 4 Advisory (CF/MC) - $2,850
Shell Programme -
Exxon Programme -
GSK Programme -
P&G Programme -
Unilever Programme -
SGX MA -
Singtel MA -

Don think DBS MA is 3.9k... 4.3k onwards..

3.8k is for DBS GA..

Just because GA is 3.8 MA cannot start from 3.9? what logic is this?

DBS MA > GA

so yes, MA starting pay higher

comprehensive skill. do u have it?

Lol at "comprehensive skill".

DBS last year already offering MA at 4.8k, how come suddenly this year got ppl say is 3.9k?

How about STB MA? Anyone?

STB tend to be lower, usually 4.5-4.7k max, but they pay good bonus so total annual can hit 19-20 months

Maybe not but I sure do know how much my fellow colleagues make. DBS MA pay is a range. it depends on your results, what you bring to the bank and many other factor. it is not a flat pay that gives 4.8. 4.8 is the max you can go, but the range starts from 3.9. Infact I don't even know if anyone has 4.8, max I know is 4.5. Believe what you will, and comprehend what you will. Don't come into the program and be shocked you not getting 4.8

If Citibank MA is paying 4.5k, P&G at 4K, and other top tier stat board likes MAS and EDB 3.8-4.2k, you really think STB can pay so well?

Complete bull.

DBS MA pay is indeed a range but it does not depend on your results. All MAs with a bachelor's degree will get the same pay, which is 4.3k, regardless of your results. Doesnt matter whether you're first class or second upper, it is still 4.3k.

Only when you have a Master's degree, your pay will be adjusted (upwards). And if you have working experience, your pay will also be adjusted accordingly.

Not sure why people like to ******** so much and act like they know the remuneration system, when they obviously don't.

How about AML at a local bank ? 3.5?

Can anyone give an accurate rough gauge for stb ma? Is around 3.8k still too inflated?

Cannot be 3.8k as a FCH normal fresh grad exec in public sector is already getting 4.2-4.3k.

Your Citi & P&G numbers are too low, they are true maybe 4 years ago.

Don't be a joker, I asked relevant contacts who have recently graduated or are starting work this year.

Citi MA is definitely 4.5k, and P&G is 4k with 2 months bonus, no AWS.

Don't BS if you don't know.

yea sure, another joke trying to boast like an industry insider with "relevant contacts". surprising how many here all have so many friends who openly share all their personal salary details to anyone they know.

most ppl i know, esp the fresh grad, are pretty open about their salary.

either ur friends are very guarded against u or u dont have any friend.

Believe what you will, you must be an SIM clown who can't get anything or go anywhere.

F_ucking loser. This is common knowledge to most local grads, or top 25%.

I can have you speak to some of these people but you are such a frog in the well you should just stay there and socialize with rats instead.

It is very common knowledge most respectable management programs are paying 4.5-5.5k don't understand why some people say until like its highly classified secret.

Exactly, if you have friends or relevant contacts, this is common knowledge.

That's why I said maybe it's some suaku from some loser place/school whatever.

Business Analyst
 

What does a BA in insurance domain do? is it a **** hole??

Oil Major Trading Graduate Program: 4.6k/month with AWS, bonus 1 months usually.

Wow this is a good thread, my humble contribution via network n contacts:

OCBC GTP Ops&Tech - 4.1
DHL MAP - 3 to 3.5k
Redmart Tech grad - 5k
Lazada/Redmart Ops - 3.5
Micron semicon - 3.3 to 4k
SIA exec - 3 to 3.3k

Woah woah I'm not the guy who posted the previous comments but I am from SIM lol. Please don't stereotype and condemn the school cause of people like him. I can confirm that the figures you stated are more or less correct cause despite being from SIM I do have friends who aren't and it is indeed common knowledge to ANYONE who bothers to find out the starting salary of good roles regardless if you're in SIM or not.