settle for an engineering course or retake exam? - Page 7 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Education and Personal Growth

Education and Personal Growth Schools, further studies, getting ready for employment, and motivation stuff




settle for an engineering course or retake exam?

Reply
 
Thread Tools
  #61 (permalink)  
Old 26-03-2012, 02:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Cash + CPF not sufficient to purchase the condo. Friends who are at our age have to resort to "parental loans" for the downpayment, something that we both are not willing to resort to.

Most of our friends from universities who entered the finance & banking line have past the $10,000k BTO barrier but resort to HDB resale. Simply not enough CPF/savings. The government needs to do something about condo affordability.


Quote:
Originally Posted by Unregistered View Post
Its probably because your cash + CPF is not sufficient to buy a more expensive condo. With your combined income u can easily service the monthly loan payments ...

Reply With Quote
  #62 (permalink)  
Old 26-03-2012, 02:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Wow.. What do you do?? You must either be a property agent or selling insurance right?
Engineering support. Wish i have the EQ to be in sales.

Reply With Quote
  #63 (permalink)  
Old 26-03-2012, 05:45 PM
Unregistered
Guest
 
Posts: n/a
Default

wow!! 90k annual income doing engineering support??!!! Must be some US MNC right?? Stingy singaporean engineering companies will never pay this kind of salary to engineers.... Furthermore you only have a diploma.. You're in a great job bro!!!! You drawing much more than many degree holders here...

Quote:
Originally Posted by Unregistered View Post
Engineering support. Wish i have the EQ to be in sales.

Reply With Quote
  #64 (permalink)  
Old 26-03-2012, 05:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
wow!! 90k annual income doing engineering support??!!! Must be some US MNC right?? Stingy singaporean engineering companies will never pay this kind of salary to engineers.... Furthermore you only have a diploma.. You're in a great job bro!!!! You drawing much more than many degree holders here...
He didn't state the currency.
Reply With Quote
  #65 (permalink)  
Old 26-03-2012, 08:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
wow!! 90k annual income doing engineering support??!!! Must be some US MNC right?? Stingy singaporean engineering companies will never pay this kind of salary to engineers.... Furthermore you only have a diploma.. You're in a great job bro!!!! You drawing much more than many degree holders here...
Jap MNC. Don't think I am that well paid, even our supervisors make this amount. That's why astonished to read that ST pays its engineers lower. I was even considering ST.
Reply With Quote
  #66 (permalink)  
Old 26-03-2012, 09:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Am an civil enginnering graduate and had worked 2 years as an site enginner. Currently in the financial service sector.

The trick here is to work a couple of years as an engineer, learn as much as can, ask as many question from the old bird as possible, network with other trades in the course of work, and switch line - either new industry or vertical up.

Be mobile and take up new challenges.

Most friends continued to work hard in site and earned less than $5k a month.
Some moved up to project managers and earning $5-7k a month

Some took courses and become lawyer dealing with engineering law suits(Shortage of engineering background legal professional!!!). Some switch to engineering consultancy and earn reasonably good money. Some like me joined the finanical services, enjoyed good work life balance , and earned as much as the business and account graduates rumoured to have long working hours... ...
Reply With Quote

  #67 (permalink)  
Old 27-03-2012, 08:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Am an civil enginnering graduate and had worked 2 years as an site enginner. Currently in the financial service sector.

The trick here is to work a couple of years as an engineer, learn as much as can, ask as many question from the old bird as possible, network with other trades in the course of work, and switch line - either new industry or vertical up.

Be mobile and take up new challenges.

Most friends continued to work hard in site and earned less than $5k a month.
Some moved up to project managers and earning $5-7k a month

Some took courses and become lawyer dealing with engineering law suits(Shortage of engineering background legal professional!!!). Some switch to engineering consultancy and earn reasonably good money. Some like me joined the finanical services, enjoyed good work life balance , and earned as much as the business and account graduates rumoured to have long working hours... ...
$5k to $7k is pathetic for a construction project manager, given their heavy responsibilities. Plus he will have to motivate a bunch of lazy morons (sad to say, construction sector can only attract riff raffs). Every engineer should try to follow your example and break out of the sector.
Reply With Quote
  #68 (permalink)  
Old 27-03-2012, 10:31 PM
Unregistered
Guest
 
Posts: n/a
Default

Wow!! How did you switch field from engineering into finance??!!! Unless you mean you became an financial planner.. then for that anybody can switch.... Or do you really mean that you manage to hop into a bank?? Pls share with us how you managed to find your way... Thks..

Quote:
Originally Posted by Unregistered View Post
Am an civil enginnering graduate and had worked 2 years as an site enginner. Currently in the financial service sector.

The trick here is to work a couple of years as an engineer, learn as much as can, ask as many question from the old bird as possible, network with other trades in the course of work, and switch line - either new industry or vertical up.

Be mobile and take up new challenges.

Most friends continued to work hard in site and earned less than $5k a month.
Some moved up to project managers and earning $5-7k a month

Some took courses and become lawyer dealing with engineering law suits(Shortage of engineering background legal professional!!!). Some switch to engineering consultancy and earn reasonably good money. Some like me joined the finanical services, enjoyed good work life balance , and earned as much as the business and account graduates rumoured to have long working hours... ...
Reply With Quote
  #69 (permalink)  
Old 28-03-2012, 12:09 AM
Unregistered
Guest
 
Posts: n/a
Default

I am in the general insurance segment of the Financial service sector.


Every project requires insurance coverage. Underwriters are needed to underwriter the risk. Claim handlers are required to handle any loss claim. There is a huge demand for engineering claim and underwriting personnel. Just see how much construction, power plant, infrastructure work, manufacturing plant, factory project in the region esp with rebuilding work in Thailand (flood), Japan (natural diaster) , Malaysia and Vietnam(construction boom and industrial development)

Construction underwriter and claim handler require the technical knowledge which is lacking from a non-engineering graduate. Who knows technical engineering stuff better than an engineer himself?

Started with a course in diploma in general insurnce from SCI, ANZCII or ACII, or look out for opening such as loss prevention engineer, loss adjustor, risk engineer, engineering underwriting, etc.
Reply With Quote
  #70 (permalink)  
Old 28-03-2012, 12:11 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am in the general insurance segment of the Financial service sector.


Every project requires insurance coverage. Underwriters are needed to underwriter the risk. Claim handlers are required to handle any loss claim. There is a huge demand for engineering claim and underwriting personnel. Just see how much construction, power plant, infrastructure work, manufacturing plant, factory project in the region esp with rebuilding work in Thailand (flood), Japan (natural diaster) , Malaysia and Vietnam(construction boom and industrial development)

Construction underwriter and claim handler require the technical knowledge which is lacking from a non-engineering graduate. Who knows technical engineering stuff better than an engineer himself?

Started with a course in diploma in general insurnce from SCI, ANZCII or ACII, or look out for opening such as loss prevention engineer, loss adjustor, risk engineer, engineering underwriting, etc.
A construction underwriter with regional experience is been offered a package of $200k pa in one of the job portal recently.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Aerospace Engineering vs Computer Engineering vs EE engineering john Education and Personal Growth 30 14-07-2010 03:11 AM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
10,251 Replies, 4,491,985 Views
Accenture Singapore ( 1 2 3... Last Page)
9,589 Replies, 3,679,407 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
2,031 Replies, 2,057,208 Views
Civil Service Mid-Year Bonus 2026:...
5 Replies, 1,554 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
1,460 Replies, 967,335 Views
Career as Teacher ( 1 2 3... Last Page)
14,217 Replies, 9,753,347 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
22,084 Replies, 7,751,270 Views
Whats your net worth ( 1 2 3... Last Page)
2,991 Replies, 1,606,754 Views
Lawyer Salary ( 1 2 3... Last Page)
22,811 Replies, 13,525,123 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
1,908 Replies, 1,072,009 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
7,806 Replies, 5,130,394 Views
NTU (non-faculty) ( 1 2 3... Last Page)
207 Replies, 304,173 Views
Anyone heard of Morrow aka Morrow... ( 1 2 3... Last Page)
75 Replies, 13,862 Views
Synapxe, formerly IHiS (Integrated... ( 1 2 3... Last Page)
1,012 Replies, 864,116 Views
DSO (under Mindef) ( 1 2 3... Last Page)
94 Replies, 127,655 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,872 Replies, 1,675,819 Views
Advice for SAF regular pls ( 1 2)
16 Replies, 29,192 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,624 Replies, 2,218,777 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
446 Replies, 591,920 Views
cat2 security clearance processing... ( 1 2 3)
23 Replies, 1,762 Views
Jeppesen
1 Replies, 1,853 Views
merit increment in civil service ( 1 2 3... Last Page)
338 Replies, 437,350 Views
Civil Servant Bonus Mid-2025 ( 1 2)
12 Replies, 12,177 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
443 Replies, 927,507 Views
Compare civil service salary ( 1 2 3... Last Page)
17,239 Replies, 15,555,557 Views
Job Application with MOE... ( 1 2 3... Last Page)
595 Replies, 840,153 Views
How is life as a doctor in... ( 1 2 3... Last Page)
11,338 Replies, 5,005,671 Views
GCB realtor?
1 Replies, 232 Views
Sats ( 1 2 3)
24 Replies, 39,518 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
1,384 Replies, 1,098,022 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:19 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2026, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2