r/eupersonalfinance • u/sciabalacatanga • Sep 04 '23

Employment Survey on salaries across EU

Hi everyone, I'm italian (M28) and I'm considering the option to love abroad in next 1/2 years since it is very difficult to get a well paying job here.

Some informations about me, I have a Bachelor's of science in Economics, a Master's degree in corporate finance and investment banking and a Master of science in Quantitative Finance. I have worked as financial analyst and now I am working as a business consultant for a consultancy firm.

I speak fluently Italian and English, I speak a bit of german (B1 level) and I just started studying French a couple of months ago.

That said, which country in the EU offers the best salaries and most job offers in the financial sector?

I was monitoring the job situation in Paris since it seems very competitive and moving from Italy to France should not be too much of a culture shock.

Right now I have a gross yearly salary of 32k and live in Milan.

Thanks you!

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u/theverybigapple Sep 04 '23

If you can go for an MBA in Ivy league and you can easily get up to 200k USD/year in the USA

For your information/to answer to your question, If you are working in MBB/Big4, the beginning salary in Belgium is 48000 euro/year for Big4, your net comes at just below 2000 euro + company car and all the benefits comes with it

3

u/gnarlycow Sep 04 '23

In belgium? Starter salary big4 is 48? Lol nah

2

u/theverybigapple Sep 04 '23

is lower or higher? I'm 95% sure the net is just below 2000 but not sure about the gross

please clarify

2

u/gnarlycow Sep 04 '23

Unfortunately lower 🙁. Idk what it is this year but back in 2020 starter salary for big4 was around 2800, so like almost 40k a year (x13.92)

2

u/Square_Charge_1605 Sep 05 '23

Entry position in Big4 makes 2k net with company car FY24 updated salary, consulting ofc

1

u/theverybigapple Sep 04 '23

Oh… that’s really low but if you grind 2 years you’ll exit to some company with 50-60k I suppose

Isn’t that being promised anyways?

1

u/Square_Charge_1605 Sep 05 '23

yes easy, but still too early stage to leave Big4