Monday, May 28, 2007

Investment Banking Salary – News from Hong Kong

University of Hong Kong – the 2nd and 3rd highest paid 2006 graduates both work in international investment banks
Asia Pacific is an aggressive market for those who are hungry for money. Hong Kong, most international investment banks have their Asia Pacific headquarters here, has great earning potentials.

In Hong Kong, a couple of the 2006 graduates were paid HK$920,000 (US$118,000) and HK$800,000 (US$102,000) respectively, from their first year full-time employment.

Press release from a recent survey from the University of Hong Kong

May 21, 2007 - HKU Graduates Still Employers' Hotshots
13. For year 2006, the graduate earning the highest paid job worked in a privately-owned medical centre. His annual remuneration, including both basic salary and bonus, reached HK$1.14 million (US$146,000).

14. The second and the third highest paid graduates are both working in international investment banks. They receive an attractive basic salary and bonuses that help jet up their total annual earnings to HK$920,000 (US$118,000) and HK$800,000 (US$102,000) respectively. Their work required them to travel substantially outside Hong Kong.
Read more.

Conclusion
Are you dedicated to an investment banking career? Get to know Hong Kong, New York, London and Tokyo. Most of the international investment banks have their international or regional headquarters in these cities. I’ll give you more info about these cities on both working and living.

Test of your knowledge on Hong Kong
What is the name of the stock market index in Hong Kong?

Are you preparing for an investment banking interview? Check this ebook – IB Interview Guide

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Investment Banking Salary

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