Quote:
Originally Posted by swagdaddypimpin
I am planning to apply for a local U next year. Due to personal reasons, I will be paying for my own education either through a study loan or hopefully picking up a scholarship.
I have excellent results and can get a place in almost any degree course. Barring subject interest as I have no particular course preference, what degree will offer me the best ROI upon graduation and in the long-term. Money is a priority to me and I want to provide my family with a good life in the future.
From my knowledge, I've heard high finance (IB, trading) pays the most but the hours are one of the worst. The law market isn't doing very well and compsci grads are being replaced with foreign grads. Accountancy and engineering are pretty stable but the starting pay is relatively low. My parents have also advised me against going into arts although I wouldn't mind doing it provided it pays well.
Assuming I wish to get a job in investment banking, will a finance degree (biz) from a local U suffice? I have also heard stories of many finance grads going into property/insurance due to oversupply. The job market seems pretty depressing and I really hope to secure a good job in the future.
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Getting a finance job is just about impossible regardless of grades. Straight A students with multiple finance internships and CFA level 1 battle each other in multiple round interviews only to be eliminated somewhere in round 7. Just forget about it. It is something people just refuse to accept and keep dreaming despite reality. If you think you are smarter than your competitors, look again. As mentioned, straight A student intakes are the norm, not the exception.
It is true that law is not doing well. And with current AI technology, both law and accountancy jobs will be massively disrupted by the time you graduate. Comp Sci and Engineering are good bets. However, Singapore is not Silicon Valley. Your expertise will not be as appreciated or recognized.
It is time to recognize that the Singapore job market has been in a race to the bottom and the consequences are hitting us hard now.
If ROI is your concern, then your surest bet is to take a civil service scholarship, study comp sci or engineering, then camp there in your ministry or stat board forever. Unless you are willingly to venture outside of Singapore, this is just about your only choice.