Is it worth using $100k of your 3 years savings to get a top class masters overseas?

Yep, she did consider & applied for jobs outside of UK, and Singapore was where she got a good offer, despite Analyst level, so she chose to come here as taxes are much lower here.

The 100K+ spent in LSE was well worth it, and you can potentially recuperate the fees spent + gain better exposure to the finance industry, all in less than 2 years.

Cheers

[Liverpool]

Originally Posted by alternative perspective

Yep, she did consider & applied for jobs outside of UK, and Singapore was where she got a good offer, despite Analyst level, so she chose to come here as taxes are much lower here.

The 100K+ spent in LSE was well worth it, and you can potentially recuperate the fees spent + gain better exposure to the finance industry, all in less than 2 years.

Cheers

may I know what is her exact job scope? Investment banking? M & A, S & T?

Bulge-bracket bank; doing corporate finance with focus in emerging markets deals.
Currently considering moving into private equities.

May the Force be with You

[Liverpool]

Originally Posted by alternative perspective

Bulge-bracket bank; doing corporate finance with focus in emerging markets deals.
Currently considering moving into private equities.

May the Force be with You

Thats a very good career progression I should say, the dream of most investment banking wannabes....

[Joe123]

beside careerwise, think how to invest and turn it into 200K, 300K in the same time period of your masters?

[lazyplane]

just my view, but you seriously expect you know what u want after completing your masters ?

Originally Posted by Liverpool

Thanks for ur well wishes...

its not abt the pay per say as I am earning quite comfortably in my current job but its just something I dun see myself doing for in the long term...

I have done my research on CFA and I think the time spent is not worth it... Assuming I pass CFA successfully everytime, this will still take me 2-3 yrs, not forgetting how much time I will need to study. I'm faster off with an MBA or Masters of Finance. Universities also have a career service centre that helps students to find jobs which CFA does not offer. The con is of cos the cost.

I'm also looking at Consultancy too but the frequent travelling kinda discourages me, but I have not thrown that idea off yet... just need to do more research to be sure...

as someone in my late twenties, i think this is my last chance for a career change so I have to very sure what I want to do for the rest of my life because once I am inside the industry and 30 plus, I don't think I can change my careers again...

It would be worth it for the cert AND the network with your coursemates and teaching staff in an ivy league MBA course. This network will certainly come in useful.

Do look beyond the Havard, Chicago & Insead. If you are company sponsored, by all means go ahead. If you are SELF sponsored, then perhaps the next tier MBA should be considered.

My reasoning: The litmus should be your ability to reap ROI and weigh the opportunity cost (Alternative).

The ultimate: if you are PROVEN to be good@work, be sponsored for Advanced Management Program (Wharton/Harvard) in your subsequent advancement.

I know of associates in different fields who had taken MBA (e.g.: from MBS) distance learning who are able to recuperate the amount spent within 1 year upon graduation.

Risks Management:
-Mitigate (You request for partial/full sponsorship from your firm. Beware of the bond)
-Accept (You pay the full course fees yourself)
-Avoid (You decided to 'wait and see'. Try to influence your friend with similar background and results to proceed ahead. i.e.: He becomes Advanced party. If he clears KPI, you proceed.)
-Transfer (Ask your spouse/GF to take the course and the loan herself)

[lazyplane]

ha ha... i am guesing you r working in a risk role or been doing too much risk scorecards... ha ha..

Originally Posted by Unregistered

Do look beyond the Havard, Chicago & Insead. If you are company sponsored, by all means go ahead. If you are SELF sponsored, then perhaps the next tier MBA should be considered.

My reasoning: The litmus should be your ability to reap ROI and weigh the opportunity cost (Alternative).

The ultimate: if you are PROVEN to be good@work, be sponsored for Advanced Management Program (Wharton/Harvard) in your subsequent advancement.

I know of associates in different fields who had taken MBA (e.g.: from MBS) distance learning who are able to recuperate the amount spent within 1 year upon graduation.

Risks Management:
-Mitigate (You request for partial/full sponsorship from your firm. Beware of the bond)
-Accept (You pay the full course fees yourself)
-Avoid (You decided to 'wait and see'. Try to influence your friend with similar background and results to proceed ahead. i.e.: He becomes Advanced party. If he clears KPI, you proceed.)
-Transfer (Ask your spouse/GF to take the course and the loan herself)

[Liverpool]

Originally Posted by lazyplane

just my view, but you seriously expect you know what u want after completing your masters ?

hi, yes I have to really make a decision soon as I am not young anymore...