Trending Content - Investment Banking Forum
| +162 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 29 | 10h |
| +160 | UBS Tech layoff | 52 | 2d |
| +146 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 1d |
| +119 | Leaked Interview Questions to Recruiting Services | 55 | 6h |
| +64 | How do YOU manage networking requests? | 20 | 6h |
| +60 | Are target prospects getting dumber? | 27 | 1d |
| +34 | MBB Pay Raises | 26 | 2d |
| +21 | Earliest you can get fired | 7 | 6h |
| +20 | Career Crossroads | 3 | 11h |
| +20 | US 2027 SA IB worried about background check | 5 | 7h |
Career Resources
Asia has same pro rated pay as U.S. - however, you'll get to live in a hotel/receive a housing stipend for the summer, at least at a BB
This, if Mumbai is similar to Singapore & HK.
Just FYI - the pro-rated pay is based on the salary of analysts in Mumbai though, not the U.S.
Not sure about Mumbai. But my friend got $6k/month from a HK non-BB (think BoJ, BNP) and $8k/month from a BB in Japan. Both FO SA.
--
Pro-rata is just a way of saying you're technically on a £xx,xxx salary, but you're only getting a portion of that as you're there for 2 months, etc.
It just sounds better to say £40,000 salary pro-rata for 10 weeks, rather than £7692. I'm curious as to which BB is offering summer internships for first years (freshman) - there's nothing of the kind in London.
--
And thanks a lot, by the way. You're right; it does sound better, hah.
Aut mollitia nam consectetur placeat unde atque facilis. Veniam voluptate consequuntur ipsum assumenda officia neque exercitationem aliquam. Odit sit at voluptatum tempore nisi et velit. Placeat dolore aut ipsum est. Dolore eum voluptas voluptatem distinctio. Aspernatur earum nihil quae quia voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...