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.

Ya mine was one of the bulge bracket. I declined my offer that time so thanks for the offer. Just went to the interview for the prestige of getting the offer actually. One of my course mate and another one from different faculty accepted the offer. Both Malaysian. I am only commenting on your statement saying 20-40 seat per year and not many of them are Malaysians. Nationalities has nothing to do here. We can hold foreign degree but are still Malaysian, for sure IBs won't have quota based on nationalities. Personally I think your 40 seats per year for the 8-9 IBs in the SG bulge bracket here is too little. 3-4 opening each year for the financial hub SG market? This island is small, but not that small for IB jobs...

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

If dunno... near 0 chance

Hello ah bean, I heard someone somehow managed 2 find out ur basic pay 2b close 2 RM15k /mth & it is around RM12k in 2012). N ur bonus for the last 2 yrs iz 36 months.

Izzit this figure correct can u tell us bcause it mean RHB paying u RM500k 1 year 4 2012 and RM720k 1 year 4 2013?

How u make urself most expensive senior mgr in rhb? U r not from osk - I heard ex-osk pay better than rhb.

Is ur dad dato' bean or tan Sri beannie?

Thanks for confirming your package.

Am really impressed with you.

Below 30 years old and RM720k a year gross. Average RM60k.

I am sure banyak amoi ya?   

Ah bean salary is way higher than his 10+ years QSP seniors @ the CF side ya?

No wonder Ah Bean forever stay @ RHB even he has already been going to Credit Suisse etc for interview few times.

Crazy huh? No wonder Ah bean no problem paying his junior very well. Cos even he pays fresh grads RM150k / yr, he is still making 5x more than them.

RHB is really best bonus paying bank in town. Heard even CF bonus is double that of last year in number of months. A lot of them buying new cars huh? And bigger house?

Yes. I am very free.

I want to reiterate to the whole wide world that my friend saw ah bean's pay and bonus cos they can access the system.

His pay 15k, bonus 36 months. Total package 720k. Highest paid senior manager in RHB.

For whoever that keen to apply pls note ah bean's new ID as beanbag ibank