ABSA Bank Kenya Graduate Trainee Salaries

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ABSA Bank employs graduate trainees who are fresh from the university or those who don’t have a lot of experience in working for banks. The starting salary for Management Trainee position is Ksh 55,000 to Ksh 65,000. During interview, this is the amount you will quote as the starting salary.

The training takes 1 to 2 years and after your second year, you will earn Ksh 65,000 to Ksh 70,000.

ABSA Bank will be reviewing your salary annually based on your performance. If you perform exceptionally well, by the time your stay in the bank reaches 5 years, you will be earning over Ksh 110,000. They also pay bonuses annually and it’s equivalent to your monthly salary.

Qualifications for Graduate Trainee position

Requirements

  • The ideal candidate must have a Bachelor’s degree or equivalent qualification with at least a Second-class upper honours; and must have completed their qualification within the last two years .
    • Qualification in the following disciplines: Financial Economics, Actuarial Science, Statistics, Mathematics, Computer Science, Data Science, Data Engineering, Software Engineering & Cloud Computing/related disciplines
    • Candidates with certifications in Agile, Artificial Intelligence, Software Development are similarly required
    • Scored an A- (A minus) in mean grade, Maths and English in KCSE or equivalent
    • Should be 26 years and below

I have seen many Kenyans getting these positions and mostly, those with first class are given first priority. You should also pursue a professional course like CFA, ACCA, CIFA or CPA. Those courses will give you an upper hand over other job seekers.

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