Finance or Engineering? - 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




Finance or Engineering?

Reply
 
Thread Tools
  #1 (permalink)  
Old 17-07-2009, 05:31 PM
Junior Member
 
Join Date: Jul 2009
Posts: 6
momojojo is on a distinguished road
Default Finance or Engineering?

Hi ll. I am currently an engineering student in my final year in NTU, and I should be able to graduate with a 2nd upper class hons if all goes well.

I've always liked dealing with maths and applying theories to analyzing data, as well as designing. I was recently considering to start my career in the finance sector, probably dealing with risk analysis or something like that, hopefully in a private bank, OR, if possible, doing a management associate program.
Most firms seem open to having a graduate from a non-finance discipline applying for these roles (correct me if i am wrong), but I have also heard that it's almost impossible to get an entry-level job like the above mentioned.
I would like to clarify this and also maybe gain some insight on the career development (instead of the simple 3 tier model analyst -> associate -> quantitative associate) in this line.

OR should I just stay on and pursue an engineering career? what would the career development be like for a mechanical engineer?


Last edited by momojojo; 17-07-2009 at 05:33 PM.
Reply With Quote
  #2 (permalink)  
Old 17-07-2009, 07:43 PM
goldman
Guest
 
Posts: n/a
Default everyone wants in

No harm trying, but you must know that there's fierce competiton. Almost every young upstart wants to get into banking and finance, especially after hearing things like record bonus from Goldman Sachs, and in spite of the uncertainty and relatively poor job security.

My advice: try for local banks first. Get into these (in order of pref): financial markets, corporate finance, institutional sales, then consumer banking. Then hop every 1 to 2 years.

Reply With Quote
  #3 (permalink)  
Old 17-07-2009, 10:45 PM
Unregistered
Guest
 
Posts: n/a
Default renewable energy

Banking and finance is passe. The big thing now is renewable energy and green technology. Stay in engineering!

Reply With Quote
  #4 (permalink)  
Old 18-07-2009, 09:33 PM
Gimme a break
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Banking and finance is passe. The big thing now is renewable energy and green technology. Stay in engineering!
Give me a break. Look at the life sciences grads now. There's a comment somewhere here that life's a struggle for these LS grads... maybe LS stands for lao sai. hahaha


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #5 (permalink)  
Old 18-07-2009, 10:07 PM
To:Gimme a break
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Gimme a break View Post
Give me a break. Look at the life sciences grads now. There's a comment somewhere here that life's a struggle for these LS grads... maybe LS stands for lao sai. hahaha

So which area to go onto now? finance or engineering? or what other areas?
Reply With Quote
  #6 (permalink)  
Old 18-07-2009, 11:28 PM
Gimme a break
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by To:Gimme a break View Post
So which area to go onto now? finance or engineering? or what other areas?
If you want money, go to the money business. If you believe in all the "passion" talk, go with whatever you like.
Reply With Quote

  #7 (permalink)  
Old 19-07-2009, 05:23 PM
Unregistered
Guest
 
Posts: n/a
Default

If you think you are capable, get into sales. Even a telemarketer can make 20k a month. Why be a brainy engineer who can't even make 5k? This world is unfair, know the game and play it well. You got brains for the books doesn't mean you'll do well financially.
Reply With Quote
  #8 (permalink)  
Old 21-07-2009, 06:19 PM
Junior Member
 
Join Date: Jul 2009
Posts: 6
momojojo is on a distinguished road
Default

I fully agree with what goldman said. renewable energy has been in the research phase for too long, and its really hard to produce power with the limited solar and wind power available. There doesnt seem to be much hope for renewable power in the near future... probably 20 to 30 years from now but not like 5 or 6 years. Imagine the whole of the united states running on solar panels... we probably gotta fill the whole of asia with solar panels for that to happen.. its just not very feasible...
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

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
Mid-career switch to banking and finance? Salary.sg Income and Jobs 2 12-04-2010 09:25 AM
Banking and Finance Jobs Preferred Salary.sg Income and Jobs 1 11-01-2008 02:02 AM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
5,063 Replies, 2,135,174 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,046 Replies, 4,937,450 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,263 Replies, 2,291,126 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,773 Replies, 1,030,310 Views
ST Electronics ( 1 2 3... Last Page)
3,732 Replies, 1,527,721 Views
NUS (National University of... ( 1 2 3... Last Page)
315 Replies, 315,022 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
681 Replies, 342,604 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
302 Replies, 362,146 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,289 Replies, 4,702,305 Views
Local bank BO pay
0 Replies, 44 Views
Aon Centre for Innovation and...
9 Replies, 6,033 Views
Lawyer Salary ( 1 2 3... Last Page)
20,968 Replies, 10,281,315 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,386 Replies, 768,705 Views
Career as Teacher ( 1 2 3... Last Page)
10,569 Replies, 6,552,299 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
904 Replies, 500,215 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,254 Replies, 605,314 Views
Compare civil service salary ( 1 2 3... Last Page)
16,314 Replies, 12,396,972 Views
Standard Chartered International... ( 1 2 3... Last Page)
476 Replies, 262,742 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,435 Replies, 1,362,704 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
403 Replies, 485,836 Views
Engineer Pay ( 1 2 3... Last Page)
664 Replies, 454,331 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
501 Replies, 264,180 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
651 Replies, 376,813 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
1,165 Replies, 640,859 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,100 Replies, 3,713,775 Views
DBS ACE Programme ( 1 2 3... Last Page)
119 Replies, 76,931 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,233 Replies, 3,376,152 Views
Work culture in IHiS ( 1 2 3... Last Page)
717 Replies, 535,449 Views
SIA AO grades ( 1 2 3... Last Page)
127 Replies, 101,708 Views
JP Morgan ( 1 2 3... Last Page)
198 Replies, 171,193 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:57 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2