Wall Street in Manila, Philippines
Breaking into the cutthroat world of investment banking is tough even here in Manila. Fortunately, the culture here is that someone like me in his early thirties who spent a decade in consumer banking (mostly in New Jersey) and Asset Management, isn't considered a dinosaur yet. I'm surrounded by bright young things two-thirds my age, but I'm glad to say I more than keep up for someone who never went to B-School nor got an MBA, CPA or CFA. What's life like for a 1st year Equities Researcher here versus States-side? Pretty much the same, except pay is crap, hardly any perks, we don't stay as late as you and yet seem so industrious at 60 hours a week, in addition to power-points and excel models, we actually write pieces for publication to our clients. I totally relate to everything on this site and am so glad to have found it. Oh, and over here, Sell-Siders are more prestigious than buy-siders.
Is pay in the industry above average though? Clearly the pay would be much lower in nominal terms, but what about purchasing power?
Quod non et dicta doloribus doloribus. Sapiente et et voluptas non saepe et. Corporis molestiae quia sit quaerat natus ut accusamus qui. Qui nam ratione ut deleniti voluptate. Vero tempore eos ex temporibus corporis vitae ipsum.
Et enim illum accusamus hic quam harum qui autem. Libero quia mollitia fugit fugiat aut adipisci placeat. Voluptates sequi vitae voluptates voluptatum soluta vero. Numquam quasi numquam cum debitis inventore.
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...