Apa pun Boleh = exceptionally good.

Yes. and we just up the ante and pay even up to 105k per year all in for fresh grads.

Now even have CF positions.

105k / 365 day / 14 hours. About RM20 per hour.

junior very low pay, but bosses easily get 20x of that yet very little hours.

2 mil / 52 weeks / 55 hours = RM700 per hour

Offer from SG IB for fresh grad today is still around there. And tier one SG IB only offer 20-40 seats a year and how many of them are Malaysian?

We are more than happy to take the 41.

Not sure if you are being offered to a bulge bracket or not. The seats available, can count, we work with the Bulge Brackets a lot. Many of us at one point or the other would have been flew in to Singapore for superday and / or being offered a position at one of the tier-1 or tier-2 banks.

It is pretty clear that the IBD / CF / ECM /DCM of the bulge brackets did not hire average of two Malaysian per bank per year. Many of our talents are from very decent background. The Singapore year one analyst batch are not that large.

Ultimately, it is a personal choice. Those who are out of the 40 seats can wait at the sideline or move down the list to tier-2 and tier-3 banks.

I have interviewed a BNM Scholar from LSE with 7 SUKMA Gold Medals in a year. We have had interns from ivy league unis / imperial college / LSE etc.

More importantly, which way would allow you to rise to directorship. VP in bulge brackets pay you 350k SGD all in. and if you could not demonstrate your potential of bringing US$4 mil revenue to the bank per year, you are likely to be a VP for quite a while.

MD is a role when you bring in US$10 mil a year. Every Bulge Brackets has few MDs and there are only so many mega deals every year in SEA. That explains why so many MDs in Stanchart come and go.

A MD-equivalent banker in KL may have made 300k SGD (base case) and answering US$3 mil budget. If you are capable of doing US$10 mil, you will be quite a super star and can make around 500k SGD.

The baseline here is many of us keep harping on the difference of 130k - 160k SGD vs 20k-25k SGD paid to IB staff in Malaysia. We . We forgot that the top 3 out of the cohort of 50 to 80 fresh grads get paid 40k SGD - 55k SGD in their first year and up to 70k SGD as early as the second year.

Many of us forgot about the exponential increments that we are getting in Malaysia and only few know that our best year-three associates are mostly paid about 80k SGD to 125k SGD. Now you compare it with the year three associates that make up to 250k SGD in Bulge Brackets, the difference has narrowed down.

If you have friends that are year-seven / eight investment bankers and making around 40k SGD -50k SGD, a good question is to ask how many 120-hour work weeks they had over the last 5 years. Have they been bringing deals to the table to feed their juniors? Whether they think they are of bulge brackets materials? When is the last time they attended an IBD / CF interview at tier-1 / tier-2 banks in Singapore?

I often hear people saying that we are working very hard: 9am - 8pm with 2-hour lunch in between and even have to work on Saturday. Including lunch hours, that is only 66 hours and I can be pretty sure that my friends at Bulge Brackets are not as relax as this.

Notwithstanding of the above, I do agree that $$$ is not everything and a lot of our peers don't wish to put in so much hours for that extra $ that comes in the form of performance-based bonus.

Now that the parameters are clear, I welcome feedback and criticism on my view of Malaysia IB landscape.

That said, CF opening is available, ECM opening may be created for top-of-the-curve, outright impressive candidates.

You can PM me your CV wen you are ready and can understand the IB industry.

No need experience but need to convince me u r serious n u know what is IB.

If dunno... near 0 chance

Sorry, was not clear earlier. Not offering you a job but generally inviting the readers to send in CVs which they have been to.

Back to you view that 3-4 opening for year one analyst per year is too little, the bulge bracket CF team is around 20-30 people and that could be bigger than the DCM / ECM (3-5 headcounts) / M & A or IBD. All in the core team per bank is likely to be below 80 heads, and assuming a 20% analysts to overall ranks ratio, that will be around 16 of them and about five each year. around there.

If you know 10 persons that are bulge bracket year one IB analyst, I would think you have really good network. There is no quota for nationalities, but based on bankers that I worked with, Malaysia is not even a quarter of them. that is an observation rather than forecast.

My dad is not dato' bean or tan Sri beannie.

I am not authorised to comment on my remuneration package.

Hey Jelly, can you stop discussing sensitive info of me? Now people has been telling me over whatsapp on what they read about me and my rumuneration package on LYN.

U too free ya?

Can you guys focusing of helping me to get CVs for CF / ECM cos the bank urgently need people?

Else my colleague will all create account here. Ibank Meja, Ibank Kerusi, Ibank Wine Cellar, Ibank Tablet, Ibank Laptop.

Die la, like that.

depends on which house you go.

Beanie is looking to hire intern instead in this market. back to square 1. offering unparalleled access to opportunity for those willing to develop solutions for businesses.

Judging for the 30-50 messages received a year even when I never log in. I must say now I hire for corp strategy / MD office.

This post has been edited by IBank BeanBag: Oct 12 2020, 02:03 PM

Investment banking or the on I currently hire?

Yup. both. as long as you can show strengths.

I did Engineering

Suddenly have friends hiring. So I do a posting here for investment banking and asset management. Multiple posts, RM4-12k.

LinkedIn seems more effective these days.

Will the time be back again?

Can I ask where are you now?

Macam some BNP Paribas

Not bad. Must be earning a lot of money to say “expat”. I had a personalised employment pass a while back but I also thought that is the passport to be 马劳 (Ma Lao) or Malaysia Labour.

Wish u luck. Not everyone need to do IB and for long.

I am focusing on helping company IPO and data centre inbound investment. Still long hours that you farking hate.

Like day time work in Shopee, night time become grab driver. Malaysia hard to survive on one job.


Not smart like you go SG earn SGD. Easily can be expat and earn RM100000 a month.


Later when go MENA Region become double and no tax, soon you will be RM100000000 wealth. Well chosen path. IB sure find it hard to be RM10000 salary a month still.