Salary statistics  Class of 2015 2014 2013
Average first year salary (HKD) 336,798 311,391 289,332
Median first year salary (HKD) 247,000 223,638 289,500
Maximum first year salary (HKD) 904,000 807,200 480,000
Job function
100%100%100%
Auditing & Model Validation20.00%13.17%37.50%
Trading Support & Strategy
10.00%10.53%3.13%
Risk Managemnet12.50%10.53%6.25%
Investment Banking
5.00%5.26%0.00%
Quantitative Analyst
27.50%39.47%28.13%
Investment Management10.00%7.89%9.38%
System Developer5.00%5.26%9.38%
Management Trainee
10.00%7.89%6.25%
Job location 100% 100% 100%
Hong Kong, SAR 39.00% 54.20% 34.78%
Mainland (China) 61.00% 43.00% 62.28%
Others 0.00% 2.70% 2.94%

Our alumni work in major financial institutions in Hong Kong and the PRC. Students typically take up analyst, trading assistant and consultant roles in banking, consultancy, investment banking, asset management, insurance and information technology. A number of students have joined financial technology firms as system developers.

MAFM students are employed in:

Banks

Agricultural Bank of China
Bank of Communicaitons
China CITIC Bank
China Construction Bank
Citi group
HSBC
Hang Seng Bank
ICBC
Nomura
J.P. Morgan
Societe Generale
Standard Chartered Bank
UBS
DBS

Auditing Firms

Deloitte
Ernst &Young
KPMG
PricewaterhouseCoopers

Key Financial Institutions

Changjiang Secuities
China Galaxy Securities
CICC
China Securities (International)
Guangzhou Secuirites
Guosen Securities
Guotai Junan Securities
Huatai Financial Holding
HKEX
Magnum Research Limited
Manulife
Sinolink Securiites

FinTech Companies

ASTRI
Numerix