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Prospects of an economics degree

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  #21 (permalink)  
Old 23-10-2020, 03:18 PM
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Sorry to hijack the thread. I’m a local U law grad with second lower who’s trying to pivot into the banking industry. Aside from compliance, what other routes can I take? I realise I’ll have to do either MO, BO or sales so any input would be much appreciated!
Since you want to pivot, why dont you pivot to a more tech savy role like data science, engineering, CS?

That makes more sense rather than traditional banking roles.

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Old 23-10-2020, 03:49 PM
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Since you want to pivot, why dont you pivot to a more tech savy role like data science, engineering, CS?

That makes more sense rather than traditional banking roles.
it's more satki to tell people you work in a bank.

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Old 23-10-2020, 05:01 PM
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Since you want to pivot, why dont you pivot to a more tech savy role like data science, engineering, CS?

That makes more sense rather than traditional banking roles.
I wish I could but I really don't enjoy data sci, coding etc. Any chance to land a role in corporate or commercial banking? What if I do a contract job (compliance/sales etc) for 1 year and take a CFA?

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Old 23-10-2020, 09:02 PM
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I wish I could but I really don't enjoy data sci, coding etc. Any chance to land a role in corporate or commercial banking? What if I do a contract job (compliance/sales etc) for 1 year and take a CFA?

Network to get an internship at a BB, perferably IB since you just need to be smart and memorise a few finaicial concepts
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Old 24-10-2020, 11:22 AM
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If I'm not wrong, IBD requires FCH with extraordinary CCAs. Second lower honours, be it law or whatever, would automatically disqualify him already. Additionally, the lad wouldn't even know financial modelling or have a good grasp of finance given his non finance background.
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  #26 (permalink)  
Old 30-10-2020, 08:40 PM
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I am an alumni. Econs is a general degree. Unless you are really good at it and end up being an economist, i would advise you to major in more specialised area. I was an average student so i end up at a job any general degree can do which makes finding job difficult as well.
You're an alumni? Sounds like ******** given your advice is so ignorant.
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Old 30-10-2020, 08:41 PM
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I wish I could but I really don't enjoy data sci, coding etc. Any chance to land a role in corporate or commercial banking? What if I do a contract job (compliance/sales etc) for 1 year and take a CFA?
Of course you're gonna be able to land jobs in corporate / retail / private banking. I suggest you stop listening to these idiots.
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  #28 (permalink)  
Old 30-10-2020, 08:50 PM
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If I'm not wrong, IBD requires FCH with extraordinary CCAs. Second lower honours, be it law or whatever, would automatically disqualify him already. Additionally, the lad wouldn't even know financial modelling or have a good grasp of finance given his non finance background.
Wrong, you don't need FCH to get into IB. I graduated with a fringe 2nd upper in political science and got into IB just fine. The financial modelling involved in an IB analyst's work is so rudimentary even secondary school kids can do it. The fact that you think not having a finance background disqualifies you shows your ignorance.

To OP, stop listening to these idiots and connect with professionals on linkedin who are working in the positions that you're coveting. Get linkedin premium and you'll see NUS/NTU econs grads in a whole host of vocations. You're not limited by your major nor are you disadvantaged in securing jobs in finance compared to B&F graduates.
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  #29 (permalink)  
Old 30-10-2020, 08:54 PM
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Sorry to hijack the thread. I’m a local U law grad with second lower who’s trying to pivot into the banking industry. Aside from compliance, what other routes can I take? I realise I’ll have to do either MO, BO or sales so any input would be much appreciated!
I'm very interested in your situation, why would a Law graduate be looking to banking ops roles? Ops is so mind numbing. Surely your prospects are better than this?
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  #30 (permalink)  
Old 30-10-2020, 08:58 PM
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Wrong, you don't need FCH to get into IB. I graduated with a fringe 2nd upper in political science and got into IB just fine. The financial modelling involved in an IB analyst's work is so rudimentary even secondary school kids can do it. The fact that you think not having a finance background disqualifies you shows your ignorance.

To OP, stop listening to these idiots and connect with professionals on linkedin who are working in the positions that you're coveting. Get linkedin premium and you'll see NUS/NTU econs grads in a whole host of vocations. You're not limited by your major nor are you disadvantaged in securing jobs in finance compared to B&F graduates.
Wake the fk up. If you are in BB/EB IBD, you NEED to have financial knowledge (if that’s not from your major, then it has to be displayed in your past internships/extracurricular courses/relevant comps).

Not saying a pol sci or econ major can’t make it into IBD str from undergrad, but you need to be the top 1% and differentiate yourself like just like everyone else.
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