QUOTE(robertchoo @ Jun 6 2014, 10:52 AM)
3 years to 100k p.a. salary while not a myth is extremely difficult to achieve. The only 2 successful methods which i have seen to achieve that is either a hotshot trader or a well connected private banker. Oh, also possible if you are in a tier 1 investment bank i.e. goldman and these people don't start at sgd2k for sure. One common trait you will notice is that these people are extremely smart and present extremely well able to rub shoulders with the whose who without feeling out of depth. Most are also ivy league unis maybe except for the private bankers. But private bankers must have the connections and most come from well to do families anyway.As for the rest of the banking sector, all myths.
Hi robertchoo. That's a wonderful insight from you. It's really informative and could help me in planning my path in banking industry. However your hard truth seems to dampen my hope. Those position or segment is far from my current level.
Thanks for the advise. It's a long one and full of information for me. I'm from a poor family and doesn't have much network or connection to royal family.
I do know a big shot from Royal family in southern, but I doubt he will entertain me.
I just manage to break into SG banking industry which have plenty of myth saying the banker could easily earn 100k, or most will be elite in few years time.
I'm just wondering does till applicable to local grad or those in Ivy League. I'm starting from personal banker and the most junior level in banking.
When I saw someone here post that it's possible to earn 24k p.a to 100k p.a. I'm impress. Would want to know more.
Anyone more willing to share.