High Finance Thread - Page 9 - 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
  #81 (permalink)  
Old 05-07-2020, 05:15 PM
Unregistered
Guest
 
Posts: n/a
Default How to enter the banking/investment industry

Currently a student pursing a diploma in International trade and business in Ngee ann poly.

Interested in working in the banking/investment industry (probably M&A, PE, Capital/debt underwriting, etc).

My GPA is aroud 3.6. Might not be able to enter local Uni.

What are the options and paths for me to enter this industry?

Is it very challenging to get hired?

Which jobs in banking and investment do not require 10+ hours/ day and still pay a high pay?

Reply With Quote
  #82 (permalink)  
Old 05-07-2020, 05:19 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Currently a student pursing a diploma in International trade and business in Ngee ann poly.

Interested in working in the banking/investment industry (probably M&A, PE, Capital/debt underwriting, etc).

My GPA is aroud 3.6. Might not be able to enter local Uni.

What are the options and paths for me to enter this industry?

Is it very challenging to get hired?

Which jobs in banking and investment do not require 10+ hours/ day and still pay a high pay?
Honestly, I was ready to give you some proper advice, but your last question has convinced me otherwise.

There're many barriers that are possible to be overcome (not as intelligent, lack of money, no connections) to get into banking, but laziness is not one of them. Try another field.

Reply With Quote
  #83 (permalink)  
Old 05-07-2020, 06:43 PM
Unregistered
Guest
 
Posts: n/a
Default

hi im a fresh grad currently working in a non-banking firm. i have a biz degree w major in finance from local uni (NTU/SMU/NUS). my grades arent bad its borderline first class honors. wanted to work in a bank ( middle office such as risk / treasury / ALM or FO for corporate /transaction banking) when i graduated but couldnt get any opportunities to.

Im curious to know if its possible to switch to that field after 1-2 years. I am thinking of getting the CFA/FRM certifications. I would also like to ask if it will help in future applications or is banking just locked out to most people if u dont get it the first time round?

I wanna switch to banking because i really enjoyed what i studied in university (finance/markets/credit analysis/valuations etc).

thanks for the help guys!

Reply With Quote
  #84 (permalink)  
Old 05-07-2020, 06:53 PM
Verified Member
 
Join Date: Jun 2020
Posts: 21
Anarki95 is on a distinguished road
Default

I have a friend who works in investment banking firm for 2 years and burn out. Decided to change career. The work wise is very stressful but at the same time it’s prestigious. Try getting into SMU . If you can’t enter local Uni, there’s very slim chance that you will make it in high finance. Unless , you are able to network around and build connections in the PE/IB industry.
Reply With Quote
  #85 (permalink)  
Old 05-07-2020, 09:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
hi im a fresh grad currently working in a non-banking firm. i have a biz degree w major in finance from local uni (NTU/SMU/NUS). my grades arent bad its borderline first class honors. wanted to work in a bank ( middle office such as risk / treasury / ALM or FO for corporate /transaction banking) when i graduated but couldnt get any opportunities to.

Im curious to know if its possible to switch to that field after 1-2 years. I am thinking of getting the CFA/FRM certifications. I would also like to ask if it will help in future applications or is banking just locked out to most people if u dont get it the first time round?

I wanna switch to banking because i really enjoyed what i studied in university (finance/markets/credit analysis/valuations etc).

thanks for the help guys!
1st class cannont go mid office ? i smell smoke
Reply With Quote
  #86 (permalink)  
Old 05-07-2020, 10:31 PM
Verified Member
 
Join Date: Jun 2020
Posts: 21
Anarki95 is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
hi im a fresh grad currently working in a non-banking firm. i have a biz degree w major in finance from local uni (NTU/SMU/NUS). my grades arent bad its borderline first class honors. wanted to work in a bank ( middle office such as risk / treasury / ALM or FO for corporate /transaction banking) when i graduated but couldnt get any opportunities to.

Im curious to know if its possible to switch to that field after 1-2 years. I am thinking of getting the CFA/FRM certifications. I would also like to ask if it will help in future applications or is banking just locked out to most people if u dont get it the first time round?

I wanna switch to banking because i really enjoyed what i studied in university (finance/markets/credit analysis/valuations etc).


thanks for the help guys!


Honestly speaking , do you know someone who is working in those company? Do you have any network?

And donít waste time taking CFA/FRM. Find work experience first. A CFA is only useful if you have 4 years of working experience. Try not to be picky and build your portfolio of working experience.
Reply With Quote

  #87 (permalink)  
Old 05-07-2020, 11:46 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Currently a student pursing a diploma in International trade and business in Ngee ann poly.

Interested in working in the banking/investment industry (probably M&A, PE, Capital/debt underwriting, etc).

My GPA is aroud 3.6. Might not be able to enter local Uni.

What are the options and paths for me to enter this industry?

Is it very challenging to get hired?

Which jobs in banking and investment do not require 10+ hours/ day and still pay a high pay?
I'm in one. But for a start your attitude is wrong. If we take in ppl like you, the whole world will be in front office. Dumbest question.
Reply With Quote
  #88 (permalink)  
Old 06-07-2020, 10:00 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
hi im a fresh grad currently working in a non-banking firm. i have a biz degree w major in finance from local uni (NTU/SMU/NUS). my grades arent bad its borderline first class honors. wanted to work in a bank ( middle office such as risk / treasury / ALM or FO for corporate /transaction banking) when i graduated but couldnt get any opportunities to.

Im curious to know if its possible to switch to that field after 1-2 years. I am thinking of getting the CFA/FRM certifications. I would also like to ask if it will help in future applications or is banking just locked out to most people if u dont get it the first time round?

I wanna switch to banking because i really enjoyed what i studied in university (finance/markets/credit analysis/valuations etc).

thanks for the help guys!
I'm guessing you had no banking internships when you were studying? If not, I don't see a reason why you're unable to even obtain a MO role when you have first class.
Reply With Quote
  #89 (permalink)  
Old 06-07-2020, 01:47 PM
Unregistered
Guest
 
Posts: n/a
Default

hey , yes i did not have an banking internships during my studies. thats why i couldnt get any roles when i graduated.
Reply With Quote
  #90 (permalink)  
Old 08-07-2020, 10:42 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
hey , yes i did not have an banking internships during my studies. thats why i couldnt get any roles when i graduated.
Tough luck then. Banks prioritize candidates with banking internships when hiring fresh grads, so you're right in the sense that if you didn't start early in banking, you're locked out. If you're desperate enough, you can take up contract roles and hope they convert you to full time.
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
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,068 Replies, 2,525,626 Views
Pacific Century CyberWorks (PCCW)
1 Replies, 20 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
477 Replies, 272,984 Views
IMDA (under MCI) ( 1 2 3... Last Page)
118 Replies, 57,781 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
237 Replies, 109,252 Views
Compare civil service salary ( 1 2 3... Last Page)
12,592 Replies, 7,347,316 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,697 Replies, 4,355,698 Views
Working Culture in IRAS ( 1 2 3... Last Page)
56 Replies, 86,361 Views
All about Home Affairs Senior... ( 1 2 3... Last Page)
182 Replies, 208,043 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,668 Replies, 1,282,117 Views
UOB Management Associate Program ( 1 2 3... Last Page)
441 Replies, 275,508 Views
Work culture in IHiS ( 1 2 3... Last Page)
146 Replies, 137,291 Views
Lawyer Salary ( 1 2 3... Last Page)
13,727 Replies, 4,616,014 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
87 Replies, 22,879 Views
If you can't find a company here... ( 1 2)
11 Replies, 1,491 Views
Visa Inc
0 Replies, 26 Views
Shopee
0 Replies, 42 Views
Food Panda
1 Replies, 50 Views
Asset Management Salary ( 1 2 3... Last Page)
30 Replies, 3,792 Views
DBS Bank
0 Replies, 47 Views
ST Electronics ( 1 2 3... Last Page)
2,334 Replies, 574,201 Views
Career as Teacher ( 1 2 3... Last Page)
4,007 Replies, 2,502,837 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
627 Replies, 99,627 Views
HDB (under MND) ( 1 2 3... Last Page)
459 Replies, 370,282 Views
Citibank Singapore ( 1 2 3... Last Page)
136 Replies, 100,330 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
84 Replies, 134,402 Views
Perm to contract, increase > 2k... ( 1 2 3... Last Page)
32 Replies, 4,490 Views
Jumping from Stat Board into...
4 Replies, 334 Views
NUS (National University of... ( 1 2 3... Last Page)
127 Replies, 119,407 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:37 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2