Well if you have the option or luxury to say no, go ahead. But if you don't, any income is still good income.
Anyway Alliance Bank is known as one of the stingiest bank in Malaysia when it comes to fresh graduate. They even paid their management trainee RM 2,200 a month! That is by far the lowest salary for a MT.

Here is a funny story, I remember once alliance bank did their recruitment drive in my uni. They got one of my senior to be their spoke person. The min she told everyone it the salary was only RM 2,200, you could hear a lot of people complain. Hoping to retain the audience interest, she went on to say how great the experience and exposure were. A FEW MONTHS LATER, I saw her working in HSBC. Final score : HSBC 1 Alliance Bank 0. (I heard hsbc offers its MT RM4,200)
(

If you think you deserve more and equally qualify, please go to McKinesy, they are paying a fresh graduate RM7,000 to RM 10,000 (paid in USD). Or try investment bank in HK, I heard they paid RM4,500 (HKD 9,000) per WEEK. Or the every least try Singapore, at least its double (due to exchange rate)

If you still want locally, try Accenture, CIMB's MT or HSBC's MT they pay RM3,000 to RM 4,500 for fresh graduate. But the competition is tough. Please let me know where you decide to go and share with us how much they pay you in the end.

I some what agree with izdyharz. I know a firm "discriminate" UTAR/TAR college, the reasoning was... (let just say not something good). Unless you pull some strings. However I pretty sure you will get an interview if you graduate from Oxford with a lousy grade. But we are not here to discuss whether that is ethical.

On top of that some times relevant field does play a role. You understand the industry better. Finance will always have upper when applying to bank than engineers, management > accounting for management consulting. And you do see a marketing student joining shell as O&G engineer haha.
BUT if you are determine, nothing stopping from working extra hard to ace the interviewer even when you dont come from that background.

Salary update for fresh graduate :

BAT's MT : RM 3,000 - RM3,500
CIMB's MT : RM 3,000 - RM 3,500
HSBC's MT : RM2,500 (for 6 month probation)
Big 4 : RM2,400 to RM2,600
ECMLibra's MT : RM3,000 to RM 3,500
Accenture Consulting : RM3,500
Public Bank fresh grad with degree : RM2,800
UOB : RM2,400 to RM 2,700
Alliance Bank: RM 2,200 (could be outdated)
OSK : RM2,600 to RM2,800
Citibank : RM2,300+

note: unless started otherwise, these salary are normally given to fresh grad with degree.

Some of it could be wrong/outdated. But a rough estimate and based on peers feedback. On top of that you wont knpw the perks,bonus or working environment. Eg, accenture provide really good perks for travelling project; Most Big 4 work like hell during peak except areas like advisory; MT programme normally has bond except for HSBC and etc etc.

Not too sure, ACCA might get you in for Big 4 and audit firm. Not too sure about the rest, but no harm trying right?

Not too sure about the bank hiring process but if you intend to apply for bank's mt programme you might face really stiff competition as you are competing against degree holder AND Master holder. So I would suggest take the extra effort to prepare

Congratulation, hardly do you hear people earning that much. I am guessing since you earn that much you must contribute quite a lot back to society like Bill Gates or Buffet unlike the rest of those rich greedy hoarder. I hope one day you get the recognition for your kind contribution! Keep up the good work!

From the local banking industry. If you factor peaks and benefit (not including bonus),

I would say MNC like HSBC, SCB and CITI rank highly. Follow by CIMB then Public Bank (good pay IF you perform). China bank like HL and OCBC rank quite low. Lowest is Asian Finance Bank and Bank Islam

Probably 8k to 10k.

A team head of 7 people, all junior to mid management people

Sorry I can't really say. But if I would to guess, I would say 4k to 5k. Depends on your firm.

Well to be fair, there are some good ones and some bad ones. In fact I came across a number of great individuals from HR. Sadly because they are so good, they get recruited by others.

I was a fresh graduate 3 years ago. My first job's starting pay after confirmation was 4k and I admit my result isn't 1st class. However my extra curriculum is pretty decent. If you are planning to compare result alone, I think we need to go to the core. Like are you comparing a local public uni first class vs a foreign university campus (like Monash or Curtin). Or even a average university to a top tier university (like Princeton or Imperial).

Article like ""Government launches new scheme for unemployed graduates prove the points that graduate are having issue getting jobs.
Personally I find it quite odd that the government needs to spend millions on programmes like Graduate Employability Programme but not addressing the root of the problem. If we are providing additional training graduates in soft skills, this clearly shows that the university itself isn't doing enough.

After 3 years of working, I have yet to hit the the RM7k to RM10k. I'm in above the RM5k mark.

Its really hard to make decision. But my rule of thumb is which area gives me the best opportunity to develop myself. For now, is the leadership that is my boss. I know I'm very lucky to be under a wonderful and well respected boss. So when I work my best and I know my boss will watch out for me and help me develop.

So you might want to set which are your priorities. In the end might give you a ranking system to compare it objectively.

For example yours might be salary/perks as the top priorty, follow by environment/corporate culture.

I might say that is underpaid, but what was your starting?
Perhaps you might want to switch bank.
As I know some one in finance she earning 3k+ but not far from you. As for operation, he is close to 5k

Haha sounds like a colourful person.
Maybe he just sad that you're leaving him and he is trying to act tough to hide his feeling. As the saying goes "Its nothing personal, its just business."

All the best with your future endeavours!

I got the job I wanted. Sure it may not be my dream job, but lets be realistic here my dream job would not come to be automatically without experience. I may say other wise few years down to road. But I doubt I would ever regret this job. The culture is good, the opportunity is good and the pay is awesome. For now.

looks like a pretty good start

I believe its quite common to be earning RM3k and above in KL expecially for those who have more than a 1 to 2 years experience. Most of my peers started working 2 years ago. Most of them are earning more than RM 3k , the rest are earning some where between RM2.6 to RM3k.

Its no surprise for a hard working foreigner earning RM3k. There are a lot of demand for unskilled labour in Malaysia. They come in as a labourer, if they are hard working they normally get promoted quite fast and earn quite a bit.

I think I may caused a misunderstanding, sorry for that. What I was trying to say was :
In certain areas, they are a big shortage of workers. Especially unskilled workers (like working in a palm oil estate). Many employers are unable find locals to fill these positions as such they turn to places like Indonesia or Bangladesh. Hence I not surprise if some of them are earning RM3k or more. They worked really hard to get to that level and they TRULY DESERVE it.

Hope I clear the air a bit.

I think in a few years you might see a large gap in income. MNC paying more than 3k for fresh where as local firms will continue to pay less than 2.5k or a lot more lower. Reason being the fresh grad with potential are hired by the MNC. While our local ed system continue to supply an overbundle of unqualified fresh graduate. As a result they dilute the income level as they form the majority while the minority that are talented are hoping over to other countries.