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Which Investment Banks have the best graduate starting salary?

I was just wondering because none of them especially the big IB, ever disclose on their descriptions how much they pay their graduates. It always says "competitive". But I reckon it's between JP Morgan and Goldman Sachs both paying over 35k? :confused:

Am not sure.

One of my friends though that got a Credit Suisse offer said their starting salary is 31k which I thought was rather on the low side.

Reply 1

ChosenOne

11

Would love to know why you want to know this :s-smilie:

:

Surely there are much more important factors to consider when deciding between firms than graduate starting salaries!

Reply 2

SuperhansFavouriteAlsatian

ChosenOne

Would love to know why you want to know this :s-smilie:

:

Surely there are much more important factors to consider when deciding between firms than graduate starting salaries!

I appreciate that it's far from the most important factor, but it's hardly irrelevant, is it?

Reply 3

Micky13

8

correct me if i'm wrong, and i don't profess to know a lot about banking, but discussing the the small difference of a couple of grand with regards to the different base salaries is bordering on irrelevant? because surely you should be focusing on your personal performance which should be rewarded with more than the 'difference' your questioning? (a bonus)

Reply 4

ChosenOne

11

DanGrover

I appreciate that it's far from the most important factor, but it's hardly irrelevant, is it?

Actually I'd say its very irrelevant lol. Your compensation moves fairly quickly anyway and let's think about this, it's hardly gonna vary by an amount to make it significant.

Reply 5

Redeyejedi

7

Dewey, Cheatem & Howe - upwards of 65k (excl. bonus) for an analyst.

Reply 6

dealbreaker

14

All you need to know is too little for the hours one has to put in - too little I say. In this current environment, I'd worry more about whether there are still jobs out there in banking for grads.

Reply 7

EssexDan86

17

ChosenOne

Would love to know why you want to know this :s-smilie:

:

Surely there are much more important factors to consider when deciding between firms than graduate starting salaries!

Like which investment banks aren't going to go tits up in the next year or so!

Reply 8

love2learn

4

I think RBS is still higher than those mentionned in the OP, and also I think BarCap may still pay over the odds.

Reply 9

Abe412

OP

ChosenOne

Would love to know why you want to know this :s-smilie:

:

Surely there are much more important factors to consider when deciding between firms than graduate starting salaries!

First of all if you don't want to answer my question then fine. Don't ever speculate or "love to know why" i asked a question if you CLEARLY don't have the answer to my question. If you don't think its a relevant question move on and get on with your business. Capiche?

Oh and second of all I already have my placement secure I was just wondering which IBs pay more and which pay less just for my personal knowledge. When I was deciding between firms salary was the last thing I considered hence why I'm asking this question 2 months after confirmation of my placement.

Seriously people can be so........urgh i'm not even going to bother!

Reply 10

ChosenOne

11

Abe412

First of all if you don't want to answer my question then fine. Don't ever speculate or "love to know why" i asked a question if you CLEARLY don't have the answer to my question. If you don't think its a relevant question move on and get on with your business. Capiche?

Oh and second of all I already have my placement secure I was just wondering which IBs pay more and which pay less just for my personal knowledge. When I was deciding between firms salary was the last thing I considered hence why I'm asking this question 2 months after confirmation of my placement.

Seriously people can be so........urgh i'm not even going to bother!

I’m allowed to ask you what I did. You don’t have to answer me. I asked what I did so that IF you were asking cause you were trying to decide between firms then my advise to you would be that’s not wise. If it just out of curiosity ( which it turns out it is) then fine I ‘move on’ as you're right, I don’t have the answer to your question.

Drop the attitude though, you sound like one gay ass bitch. Geeze.

Reply 11

RedKnight

Ex bonuses, BarCap pays most on the street without a doubt.

Reply 12

awm55

7

JPM pay very low actually and its like a workhouse. i have been on several bulge bracket trading floors and have never seen so many people look as terrible/exhausted as they did at JPM.

Reply 13

love2learn

4

awm55

JPM pay very low actually and its like a workhouse. i have been on several bulge bracket trading floors and have never seen so many people look as terrible/exhausted as they did at JPM.

Agreed

Reply 14

awm55

7

tbh I was very surprised after seeing the "talent" JPM took on. i was literally shocked to hear who they took on as interns and I was not too impressed with the analysts I met on the floor

Reply 15

Barzini

1

GS: 42+6 (revised from 36 + signon) (Bonus uncapped)
MS: 42 + 4 (no idea abt bonus structure)
RBS: 50 flat
Barcap: 36+6 + bonus capped at 50%
HSBC: 33+4 or something like that + bonus capped at 50%

Figures arent perfect, but gives you a rough idea. This is for FO btw.

Reply 16

President_Ben

15

Starting salaries aren't important.

Reply 17

Abe412

OP

ChosenOne

I’m allowed to ask you what I did. You don’t have to answer me. I asked what I did so that IF you were asking cause you were trying to decide between firms then my advise to you would be that’s not wise. If it just out of curiosity ( which it turns out it is) then fine I ‘move on’ as you're right, I don’t have the answer to your question.

Drop the attitude though, you sound like one gay ass bitch. Geeze.

LMAO. So sticking up for yourself is now being misjudged as "gay ass bitch"?! Bro you have issues get them sorted out otherwise you won't get very far in life.

Reply 18

akash_a

Abe412

I was just wondering because none of them especially the big IB, ever disclose on their descriptions how much they pay their graduates. It always says "competitive". But I reckon it's between JP Morgan and Goldman Sachs both paying over 35k? :confused:

Am not sure.

One of my friends though that got a Credit Suisse offer said their starting salary is 31k which I thought was rather on the low side.

Incorrect - at least for front office.

Reply 19

ChosenOne

11

Abe412

LMAO. So sticking up for yourself is now being misjudged as "gay ass bitch"?! Bro you have issues get them sorted out otherwise you won't get very far in life.

Don't understand why you feel the need to stick up for yourself, lol. Didn't realise anyone had attacked you.

Which Investment Banks have the best graduate starting salary?

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