Forums - View Single Post - Fresh Engineering Grad want to switch to Banking
View Single Post
  #5 (permalink)  
Old 25-05-2011, 10:51 AM
lazyplane lazyplane is offline
Super Member
Join Date: Aug 2010
Posts: 335
lazyplane is on a distinguished road

For those really considering a switch to financial service, you must read the labour report from Ministry of Manpower Singapore.

I have extracted some pages of it for your reference.

Pg 1. show the average grad pay in singapore by age.
Pg 2. shows that financial services are really getting more pay compared to other industries
pg 3. shows that there are only 172k workers in financial sector out of 3.1 million jobs in singapore.. that is around 5.5% of the workforce.

pg 4. this is the MOST HIDDEN DARK FACT of the financial services. Look under "Reorganisation/restructuring" for financial services and also see the kind of people whom are made redundant .

Then decide on the kind of risk you are willing to take.
Reply With Quote