IB Talk and graduate starting salaries??? Watch

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futureaussiecto
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#1
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Hi can anyone point me in the direction of that lost page or any substitute as i thought that was an excellent piece of information that used to be on ibtalk- graduate starting salaries and first year bonuses at all the major investment banks?

cheers
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roff
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This is what I found
http://thestudentroom.co.uk/showthre...light=salaries
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futureaussiecto
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(Original post by ramroff)
This is what I found
http://thestudentroom.co.uk/showthre...light=salaries
yeh and link on the other TSR page isnt there :eek:
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roff
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I replaced investmentbankingforum.com with ibtalk.com and I got
http://www.ibtalk.com/index.php?c=gradsalaries2005.php
Is that it? :confused:
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TheWolf
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http://www.justpeople.com/ContentNew...ngSalaries.asp

This should give a rough idea, old data though
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futureaussiecto
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well the figures on the ibtalk site were like

£30-£40k for a graduate, and then it had bonuses ranging from £5-15k
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fuglyduckling
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ABN Amro = 38k plus benefits
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marabara
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don't look at graduate starting salaries too much as they'll be pretty different from what you'd be earning in a couple of years
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fuglyduckling
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True; but they give an indication of salary levels within IB relative to other areas. Agreed, this is all subject to change.
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SmarterHousing
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Get yourselves a copy of the Times top 100 graduate employers.

Has everything in there

BTW - for those of you wanting to do IB - you can get a better hourly wage as a builder in London. Remember to factor in your 95 hour weeks for that 40k over your first three years!
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fuglyduckling
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If you are front-office and earning 40k in your third year, I'd quit! That's the starting wage.
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futureaussiecto
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plus is that only CF hours? What are the hours of traders?
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daniel.yuen
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Seriously?? Then does it mean 13hrs for 7 days, or 15-16 hrs for 6 days a week..?? Do bankers need to rest? There is only 24hrs a day, excluding 1 hr for the journey to the company and back home, half an hr for shower and maybe makeup, then only 6.5hrs each day for free time and sleep?????




QUOTE=SmarterHousing]Get yourselves a copy of the Times top 100 graduate employers.

Has everything in there

BTW - for those of you wanting to do IB - you can get a better hourly wage as a builder in London. Remember to factor in your 95 hour weeks for that 40k over your first three years![/QUOTE]
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Jump
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(Original post by SmarterHousing)
Get yourselves a copy of the Times top 100 graduate employers.

Has everything in there

BTW - for those of you wanting to do IB - you can get a better hourly wage as a builder in London. Remember to factor in your 95 hour weeks for that 40k over your first three years!
depends what division you're in... most don't work 95 hour weeks.

also as previously pointed out, you're unlikely to be on 40k in your 3rd year.
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synaesthesia
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... nor would a builder ever be likely to be earning a 200% of salary bonus + commission on top, even if their firm had made 84% profit increases in Q3...
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sebbie
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how much do they get in their 3rd year?
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omonija
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what will the market be like in lets say 5 years time will it be harder to get into and will salaries be less or more etc
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President_Ben
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#18
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(Original post by sebbie)
how much do they get in their 3rd year?
Enough.

Are you seriously thinking you won't do IB because of the 3rd year salary...?

(Original post by omonija)
what will the market be like in lets say 5 years time will it be harder to get into and will salaries be less or more etc
Not worth wondering about for a while yet. 5 years is a long time in the view of the markets.

Just think about what the markets were doing 5 years ago!
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