High Finance Thread - Page 4 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




High Finance Thread

Reply
 
Thread Tools
  #31 (permalink)  
Old 05-08-2019, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My point was that if you have to pick between a M7 MBA and MFin, MFin would be a more viable option for OP given his age and professional background, due to reasons which i have emphasized in my original post.

The key to breaking in will be to network and demonstrate serious interest by developing relevant skills and taking relevant certifications (ie CFA). A local MFin is a simply another value-add to the part of displaying interest. The main advantage of a local program is that it allows for geographical flexibility, easier for physical meet-ups or interviews, which would greatly facilitate the networking process.

It is almost impossible to break into larger or midsize funds/banks/IM companies for OP at this point, M7 MBA or MFin regardless. Best bet would be boutique shops in which an M7 MBA/overseas MFin does not really hold any significant advantage over a local MFin and might even count against a candidate.
Am more aligned with this post
Was wondering for the OP, as opposed to doing nothing, wouldn’t some post grad help to indicate commitment and interest (though I agree too it wouldn’t be of exceedingly great help)

What else would you have the OP do, if not for some post grad qualifications

Reply With Quote
  #32 (permalink)  
Old 12-09-2019, 11:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?

Reply With Quote
  #33 (permalink)  
Old 13-09-2019, 11:35 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?
need more info - how many years out of school are you - mba or not mba? any carry? new fund or longstanding fund?



SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


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
  #34 (permalink)  
Old 13-09-2019, 12:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
need more info - how many years out of school are you - mba or not mba? any carry? new fund or longstanding fund?
the firm is on fund 2 now. 3 yrs out of undergrad and no mba (don't plan to).
Reply With Quote
  #35 (permalink)  
Old 14-09-2019, 03:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Received an offer for private equity associate position at a mid-cap fund. 120k base and 6-12 months bouns range...how does this compare to market?
you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well
Reply With Quote
  #36 (permalink)  
Old 14-09-2019, 03:13 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My point was that if you have to pick between a M7 MBA and MFin, MFin would be a more viable option for OP given his age and professional background, due to reasons which i have emphasized in my original post.

The key to breaking in will be to network and demonstrate serious interest by developing relevant skills and taking relevant certifications (ie CFA). A local MFin is a simply another value-add to the part of displaying interest. The main advantage of a local program is that it allows for geographical flexibility, easier for physical meet-ups or interviews, which would greatly facilitate the networking process.

It is almost impossible to break into larger or midsize funds/banks/IM companies for OP at this point, M7 MBA or MFin regardless. Best bet would be boutique shops in which an M7 MBA/overseas MFin does not really hold any significant advantage over a local MFin and might even count against a candidate.
Troll posting trying to eliminate competition in the job market?... What's your position in the industry and level of experience? Or are you a marketer with one of the programmes?
Reply With Quote

  #37 (permalink)  
Old 15-09-2019, 11:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well
....ok and that is relevant because?
Reply With Quote
  #38 (permalink)  
Old 15-09-2019, 11:47 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Am more aligned with this post
Was wondering for the OP, as opposed to doing nothing, wouldn’t some post grad help to indicate commitment and interest (though I agree too it wouldn’t be of exceedingly great help)

What else would you have the OP do, if not for some post grad qualifications
I have pretty much listed every route that is feasible for OP at this point in time. It is already tough as it is, with a rapidly shrinking ER industry since MIFID II.

His best bet would be to lateral into the Transaction Services / Valuation group since he is already in a Big 4, as i mentioned earlier. If he manages to do so, he would be able to acquire the all-important relevant work experience. The rest of the Breaking in is another tall order in itself.

If not, then he would simply have to work much harder on the other aspects.

If you are really hellbent on an MBA and don't mind shelling out SGD130K+, i would suggest giving INSEAD a look. In terms of prestige, it is probably on par with the M7s. It has a campus in Singapore and unlike M7s, it only requires one year to complete.
Reply With Quote
  #39 (permalink)  
Old 21-09-2019, 03:55 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you do know that good software engineers with lower pedigree but having experience in the domain sought out earn more right?? with stock options thrown in as well
Oh really? Now i feel i am underpaid lol. Currently i work as quant analyst/developer for a medium sized global AM. Total 10 years of experience working as software engineer for BB IB but this is my first FO role thought. How much is the market rate given my exp?
Reply With Quote
  #40 (permalink)  
Old 21-09-2019, 10:28 PM
Unregistered
Guest
 
Posts: n/a
Default

I recently got admitted into top 3 US MBA (Wharton, Harvard, Stanford) that costs SGD$250k for two years. Will definitely have to take a significant loan to attend.

I would like to ask if anyone has a similar experience and can advise on whether it will be worth it to attend if goal is to be back in Singapore to be in PE/ hedge funds, and what will be the starting remuneration of an associate then.

Thanks in advance!


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iPhone


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
Reply

Bookmarks

Tags
finance, fund management, ibd, m&a, pevc

« 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
Official Lasik/ Relexsmile Thread shirlyn General Discussions 1 18-06-2016 06:33 PM
Household Expenses Breakdown Thread mugster Income and Jobs 10 21-10-2015 09:01 AM
The Gem of UK property (High yield, High Growth, Positive cash flow) newsgprop Market Talk 4 12-01-2015 12:03 PM
UNISIM Alumni thread Gradsoon Income and Jobs 3 25-02-2014 04:38 AM
SIM-UOL Degree in Econs/Finance or Accounting/Finance Shenanigans Income and Jobs 3 07-07-2012 12:41 PM

» 30 Recent Threads
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,691 Replies, 1,011,766 Views
Big 4 firm rescind offers ( 1 2 3... Last Page)
49 Replies, 10,433 Views
Summer Internships 2020
6 Replies, 79 Views
Lawyer Salary ( 1 2 3... Last Page)
4,977 Replies, 2,183,356 Views
Career as Teacher ( 1 2 3... Last Page)
2,315 Replies, 1,468,288 Views
Our Poll Results: 45% Fresh... ( 1 2 3)
29 Replies, 15,514 Views
Local Uni Class of 2020 - COVID19... ( 1 2 3... Last Page)
31 Replies, 3,076 Views
What is the usual salary for...
4 Replies, 1,776 Views
Q: Management Associate at SGX ( 1 2)
16 Replies, 6,042 Views
Compare civil service salary ( 1 2 3... Last Page)
9,118 Replies, 5,276,072 Views
Life as a ICA Senior Officer ( 1 2 3... Last Page)
102 Replies, 120,658 Views
Insurance Management Associate... ( 1 2 3... Last Page)
30 Replies, 12,024 Views
Career at Keppel
3 Replies, 254 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
119 Replies, 94,516 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
250 Replies, 74,347 Views
Job offer from Apple ( 1 2 3... Last Page)
395 Replies, 69,777 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
663 Replies, 325,369 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,573 Replies, 1,219,486 Views
Pay for digital marketing agencies
6 Replies, 1,769 Views
merit increment in civil service ( 1 2 3)
25 Replies, 37,135 Views
Fresh Grad from local U cant find... ( 1 2 3)
23 Replies, 2,494 Views
Marsh Graduate Development Program ( 1 2)
14 Replies, 1,067 Views
Save A LOT on your Vitamins
5 Replies, 3,117 Views
Which degree is the best return on... ( 1 2 3... Last Page)
69 Replies, 13,834 Views
Finding freelance web developer...
0 Replies, 107 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
877 Replies, 715,831 Views
Singtel Management Associate... ( 1 2 3... Last Page)
123 Replies, 79,592 Views
No progression in civil service... ( 1 2 3... Last Page)
38 Replies, 20,862 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:53 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2