Fresh Grad with Masters starting salary in banking - Page 2 - 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




Fresh Grad with Masters starting salary in banking

Reply
 
Thread Tools
  #11 (permalink)  
Old 30-05-2011, 02:02 PM
Unregistered
Guest
 
Posts: n/a
Default

CIMB is a bulge bracket wannabe. In reality their regional large cap equity research is a joke, but because the Malaysian Prime Minister's brother Nazir Razak is the CEO, they get most of the big Malaysian deals (and some foreign) and think they can challenge the big boys. Their regionalization is patchy. They took over a great Singapore firm GK Goh, but it seems to be mediocre now as a Singapore broker. Hong Kong and Thailand are in poor shape despite huge expenditure. Only in Indonesia are a they making any progress.

In theory, a few CIMB people can be paid well due to those large deals sourced from political connections, but in general, if you are a top analyst or investment banker, you wouldn't consider CIMB at all.

Reply With Quote
  #12 (permalink)  
Old 09-07-2011, 12:13 AM
Unregistered
Guest
 
Posts: n/a
Default

What about the IB analyst in DBS? Is there a difference whether one gets hired directly into the IB dept vs one who gets into that dept after his/her MA rotations?

Reply With Quote
  #13 (permalink)  
Old 11-07-2011, 10:45 AM
SFL
Guest
 
Posts: n/a
Default

thats the risk with MA programmes. after the MA programme you might get allocated into front office (IBD/ER/ST/AM), mid office(RISK/OPS) or back office (TECH). so if you want to go IBD go IBD.

Reply With Quote
  #14 (permalink)  
Old 19-12-2011, 05:10 PM
Unregistered
Guest
 
Posts: n/a
Default

My bank (mid-tier) just hired about 20 MBAs in a firm-wide "standard" pay package of US$120,000 excluding bonus. Overpaid in my opinion.
Reply With Quote
  #15 (permalink)  
Old 06-02-2016, 12:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My bank (mid-tier) just hired about 20 MBAs in a firm-wide "standard" pay package of US$120,000 excluding bonus. Overpaid in my opinion.
This is firm-wide globally I suppose? As opposed to Singapore office? Since the package is in USD.

What kind of bank? What departments
Reply With Quote
  #16 (permalink)  
Old 06-02-2016, 02:39 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by SFL View Post
thats the risk with MA programmes. after the MA programme you might get allocated into front office (IBD/ER/ST/AM), mid office(RISK/OPS) or back office (TECH). so if you want to go IBD go IBD.
HAHAHHAHA

You actually put RISK/OPS as mid office? HAHAHHAHA WHAT A JOKE


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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


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

  #17 (permalink)  
Old 06-02-2016, 02:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Actually, in banking, there's really only front and back office.

Mid office is just meh.
Reply With Quote
  #18 (permalink)  
Old 06-02-2016, 06:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Actually, in banking, there's really only front and back office.

Mid office is just meh.
BO can get you about 8K pm with about 4 to 5 years experience. Quite a good deal considering the lighter work load compared to FO.
Reply With Quote
  #19 (permalink)  
Old 09-02-2016, 08:57 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
BO can get you about 8K pm with about 4 to 5 years experience. Quite a good deal considering the lighter work load compared to FO.
Agree. BO is the ideal retirement job
Reply With Quote
Reply

Bookmarks

Tags
banking, finance

« Previous Thread | Next Thread »

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
NTU graduates starting pay Salary.sg Income and Jobs 1 25-09-2021 07:26 PM
Our Poll Results: 45% Fresh Graduates Jobless Salary.sg Income and Jobs 48 01-07-2020 03:43 PM
Advise Needed for Bioengineering grad Gan_Do Income and Jobs 33 19-06-2017 06:28 PM
SMU Fresh Grads Make $4k to $10k Salary.sg Income and Jobs 140 04-06-2010 06:42 PM
Many Fresh Graduates Unemployed Salary.sg Income and Jobs 7 19-04-2009 10:44 PM

» 30 Recent Threads
Roles in accenture singapore ( 1 2 3... Last Page)
7,701 Replies, 2,401,342 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
833 Replies, 393,082 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,360 Replies, 3,474,081 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,288 Replies, 642,639 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,194 Replies, 5,124,847 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,514 Replies, 1,407,505 Views
Work culture in IHiS ( 1 2 3... Last Page)
728 Replies, 557,175 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,855 Replies, 1,246,339 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,832 Replies, 1,453,867 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
558 Replies, 507,192 Views
GovTech ( 1 2 3... Last Page)
5,892 Replies, 2,325,467 Views
Career as Teacher ( 1 2 3... Last Page)
11,223 Replies, 6,865,301 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,176 Replies, 3,817,540 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
420 Replies, 504,010 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
759 Replies, 418,675 Views
Lawyer Salary ( 1 2 3... Last Page)
21,179 Replies, 10,492,341 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
32 Replies, 17,365 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,061 Replies, 1,093,626 Views
ST Electronics ( 1 2 3... Last Page)
3,818 Replies, 1,584,402 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,353 Replies, 1,170,469 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,905 Replies, 4,740,048 Views
NUS (National University of... ( 1 2 3... Last Page)
324 Replies, 329,339 Views
Compare civil service salary ( 1 2 3... Last Page)
16,444 Replies, 12,622,282 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,856,341 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 59,208 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 381,794 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,430 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,521,597 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 808,628 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,410 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:15 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2