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Old 10-12-2013, 01:00 AM
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As a fresh grad myself from a local uni this year, i have to say that the job market is rather terrible. However there are still opportunities out there. Again it boils down to how desperate you want your dream job. You have to be realistic in your expectations and skills. I know that quant analyst do really earn a lot. Based on what i heard from my career adviser, he told me that one of the students managed to secure a position at a local bank with a starting pay of around 8k. But then he is a double degree holder and possesses a computer degree as well. Not sure about the other but my guess is something related. Do consider carefully your options before making a decision.
Yes there are opportunities definitely but he has chosen one of the most difficult industry to break into unfortunately. Banking and finance is the "in" thing now and what everyone wants a slice of that pie. Even a basic operations job that is deemed lousy has lots of people applying for it because to them they think it is a stepping stone (dream on, its not as easy as you think to jump).

The requirement has inflated so much that it is near impossible to get in without super good academic result combined with good CCA. Now of course if you have something special that makes you stand out and show you have the talent(start your own business, wrote a paper etc) you would definitely stand a chance. If not you have to be realistic and know that a 2nd upper is nowhere near enough for you to get into banking.

Now of course I am referring to front office jobs. If you are looking for back office like ops or tech then it is definitely easier, they accept anything from SIM to DL to all kind jiapalang pass degree. But that will bring you nowhere closer to being a quant. Get a related job, excel in your job, get a brand name MFE and you might have a higher chance of breaking in in the future.
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