http://www.michaelpage.com.sg/pdfstore?src=719_sg_ss.pdf

Front Office salary table 2004 Base only!!!
Years Experience Salary S$’000/yr
CORPORATE FINANCE
1–3 55–100
3–5 80–170
5–7 130–200
7+ 180+
DIRECT INVESTMENT
1–3 45–80
3–5 70–120
5–7 100–170
7+ 150+
PROJECT FINANCE
1–3 45–90
3–5 70–120
5–7 100–170
7+ 150+
STRUCTURED FINANCE
1–3 45–90
3–5 70–120
5–7 110–170
7+ 150+
FIXED INCOME RESEARCH
1–3 45–90
3–5 80–150
5–7 110–180
EQUITY RESEARCH
1–3 60–100
3–5 80–150
5–7 120–180
7+ 160+
CREDIT
1–3 45–90
3–5 80–130
5–7 120–200
7+ 160+
RISK MANAGEMENT
1–3 45–90
3–5 90–130
5–7 130–150

corporate finance seems the best one!

it seems to me i am remunerated at half of the market rate..

but the reason most of us feel overstated is that we are paid as undergraduate. I do see people taken much higher pay. so the average should be true. hehe...heard one of professor moved to the banking indurstry with starting salary like 100k++(USD)...hehe...still could classified as 1-3 years. And some Master Students did get a better pay. anyway, if you feel you are underpaied, just need to make a noise to your boss, see whether he fire your or you fire him...hahaha... even at underpaid rate, the amount is enough for you to enjoy life lah....

still 1-2 years to go be4 u can enjoy the big piece of cake.

but i enjoy struggling

这个都高过了美国水平(税后），好像不成立的。 我把美国的财经人员收入和几大engineering career salaries比一下，是没法比的。

US (yearly) Mean Median

Financial professionals 77070 69240
Mechanical engineers 84550 85750
Electronics engineers, except computer 81220 79120
Petroleum engineers 102770 100630
Geoscientists, except hydrologists and geographers 101670 99750
Civil engineers 93150 84680

Lawyers 121940 117150


在看MOM: (monthly)

Credit Analyst 4497 3878
Mechanical Engineer 4015 3638

新加坡engineer是低了点，谁让我们都来呢，supply and demand, ha.

How does US Bureur of Labor define "Financial Professionals"? including "professionals" in Alabama, North Dakota and Utah?

Personally i feel it would only be meaningful to compare the income of financial professionals of the international financial centres. Sg people earn much less than their peers in NY, London, Tokyo and HK.

But professionals do not have a big deviation generally.

Sales do have a lot.

here
But Singapore could be lower than Asia as a whole.

Singapore pay is really bad...................

Specialisation: Asset/Fund Management/Global Custody
Location: Singapore
Currency: S$

Job Title Yrs' Exp Perm Min Salary ('000 ) Perm Max Salary ('000 )
Middle Office 1-4 35 70
Middle Office 5-8 70 120
Middle Office 8+ yrs' 120 120+
Tax 1-4 40 70
Tax 5-8 70 100
Tax 8+ yrs' 100 100+
Corporate Finance 1-4 35 60
Corporate Finance 5-8 60 120
Corporate Finance 8+ yrs' 120 120+
Management Reporting 1-4 35 60
Management Reporting 5-8 60 100
Management Reporting 8+ yrs' 100 100+
Internal Audit 1-4 45 60
Internal Audit 5-8 60 90
Internal Audit 8+ yrs' 90 90+
Financial Reporting 1-4 35 60
Financial Reporting 5-8 60 85
Financial Reporting 8+ yrs' 85 85+
Collateral Management 1-4 35 60
Collateral Management 5-8 60 100
Collateral Management 8+ yrs' 100 100+
Private Banking Relationship Managers 1-4 50 90
Private Banking Relationship Managers 5-8 90 140
Private Banking Relationship Managers 8+ yrs' 140 140+
Fund Management/Equity Research 1-4 35 55
Fund Management/Equity Research 5-8 55 120
Fund Management/Equity Research 8+ yrs' 120 120+
Documentation 1-4 40 70
Documentation 5-8 70 110
Documentation 8+ yrs' 110 110+
Operations Control (Balance Sheet Reconciliations) 1-4 35 60
Operations Control (Balance Sheet Reconciliations) 5-8 60 100
Operations Control (Balance Sheet Reconciliations) 8+ yrs' 100 100+
Product Control - Vanilla 1-4 40 65
Product Control - Vanilla 5-8 65 90
Product Control - Vanilla 8+ yrs' 90 90+
Product Control - Structured Products 1-4 40 70
Product Control - Structured Products 5-8 70 100
Product Control - Structured Products 8+ yrs' 100 100+
Market Risk 1-4 40 70
Market Risk 5-8 70 95
Market Risk 8+ yrs' 95 95+
Global Reference Data 1-4 35 50
Global Reference Data 5-8 50 70
Global Reference Data 8+ yrs' 70 70+
Credit Risk 1-4 40 60
Credit Risk 5-8 60 90
Credit Risk 8+ yrs' 90 90+
Operational Risk 1-4 40 60
Operational Risk 5-8 60 90
Operational Risk 8+ yrs' 90 90+
Compliance 1-4 34 60
Compliance 5-8 60 90
Compliance 8+ yrs' 90 90+
Processing (Settlements) - Derivatives 1-4 35 60
Processing (Settlements) - Derivatives 5-8 60 90
Processing (Settlements) - Derivatives 8+ yrs' 90 90+
Processing (Settlements) - Fixed Income 1-4 35 50
Processing (Settlements) - Fixed Income 5-8 50 80
Processing (Settlements) - Fixed Income 8+ yrs' 80 80+
Processing (Settlements) - Foreign Exchange 5-8 50 60
Processing (Settlements) - Foreign Exchange 8+ yrs' 60 60+
Processing (Settlements) - Money Markets 1-4 35 50
Processing (Settlements) - Money Markets 5-8 50 60
Processing (Settlements) - Money Markets 8+ yrs' 60 60+
Processing (Settlements) - Commodities 1-4 35 50
Processing (Settlements) - Commodities 5-8 50 60
Processing (Settlements) - Commodities 8+ yrs' 60 60+
Processing (Settlements) - Securities 1-4 35 50
Processing (Settlements) - Securities 5-8 50 60
Processing (Settlements) - Securities 8+ yrs' 60 60+
Processing (Settlements) - Futures 1-4 35 50
Processing (Settlements) - Futures 5-8 50 60
Processing (Settlements) - Futures 8+ yrs' 60 60+
Processing (Settlements) - Foreign Exchange 1-4 35 50


Chief Financial Officer N/A 180 500
Finance Manager 6 yrs' + pqe 110 150
Tax Manager N/A 90 130
Financial Analyst 6+ yrs' 70 100
Group Accountant N/A 50 75
Finance Director - Large Organisation N/A 220 400
Finance Director - Small/Medium Organisation N/A 180 250
Financial Controller - Large Organisation N/A 120 200
Financial Controller - Small/Medium Organisation N/A 100 150
Commercial/Planning Manager N/A 120 180
Credit Manager N/A 120 160
Group Financial Controller N/A 120 150
Finance Manager 3-5 yrs' pqe 80 115
Finance Manager 0-2 yrs pqe 40 80
Internal Auditor - Manager N/A 100 150
Corporate Finance 6+ yrs' 85 150
Corporate Finance 3-5 60 85
Corporate Finance 0-2 40 60
Tax Accountant - Senior 6+ yrs' 60 85
Tax Accountant 3-5 40 60
Tax Accountant 0-2 30 45
Business/Financial Analyst CPA 6+ yrs' 90 120
Business/Financial Analyst CPA 3-5 70 90
Company Accountant N/A 85 120
Cost Accountant 6+ yrs' 85 115
Cost Accountant 3-5 65 90
Cost Accountant 0-2 35 60
Management Accountant 6+ yrs' 85 115
Management Accountant 3-5 65 90
Management Accountant 0-2 25 40
Finance Accountant 6+ yrs' 75 100
Finance Accountant 3-5 55 70
Finance Accountant 0-2 30 55
Auditor 6+ yrs' 75 100
Auditor 3-5 50 70
Auditor 0-2 25 45
Systems Accountant 6+ yrs' 75 100
Systems Accountant 3-5 55 75
Systems Accountant 0-2 30 55
Financial Analyst 3-5 55 75
Financial Analyst 0-2 35 50
Pricing Analyst N/A 65 100
Group Management Accountant N/A 65 80
Treasury Accountant N/A 60 75
Credit Controller N/A 55 75
Senior Credit Manager 8+ yrs' 45 70
Payroll Manager N/A 55 60
Payroll Supervisor 5+ yrs' 45 50
Graduate Accountant N/A 25 40
Internal Auditor - Junior N/A 20 30
Accountant Assistant 6+ yrs' 30 35
Accountant Assistant 3-5 20 25
Accountant Assistant 0-2 12 15
Accounts Clerk 6+ yrs' 30 35
Accounts Clerk 3-5 20 25
Accounts Clerk 0-2 12 15
Accountants Payable/Receivable - Manager 6+ yrs' 30 35
Accountants Payable/Receivable - Supervisor 3-5 25 30
Accountants Payable/Receivable - Junior 0-2 12 15
Assistant Accountant - CA/CPA 6+ yrs' 30 35
Assistant Accountant - CA/CPA 3-5 25 30
Assistant Accountant - CA/CPA 0-2 12 15
Billings Analyst 6+ yrs' 25 30
Billings Analyst 3-5 15 25
Billings Analyst 0-2 12 15
Bookkeeper 6+ yrs' 30 35
Bookkeeper 3-5 25 30
Bookkeeper 0-2 12 15
Business/Financial Analyst 0-2 30 40
Audit Manager - Degree 6+ yrs' 100 130



NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.