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 don’t 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.


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
  #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 »

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
SIM-UOL Degree in Econs/Finance or Accounting/Finance Shenanigans Income and Jobs 7 05-03-2023 01:08 PM
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

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
5,913 Replies, 2,329,515 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,209 Replies, 5,128,615 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
838 Replies, 393,670 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,516 Replies, 1,408,288 Views
Career as Teacher ( 1 2 3... Last Page)
11,224 Replies, 6,868,874 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,707 Replies, 2,403,225 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,066 Replies, 1,094,501 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,836 Replies, 1,454,863 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
763 Replies, 419,412 Views
Compare civil service salary ( 1 2 3... Last Page)
16,446 Replies, 12,626,214 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,289 Replies, 643,687 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
421 Replies, 504,563 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,927 Replies, 2,931,777 Views
Lawyer Salary ( 1 2 3... Last Page)
21,180 Replies, 10,496,992 Views
Working Culture in IRAS ( 1 2 3... Last Page)
75 Replies, 170,127 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,177 Replies, 3,818,859 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,360 Replies, 3,476,494 Views
Work culture in IHiS ( 1 2 3... Last Page)
728 Replies, 557,550 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,855 Replies, 1,246,775 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
558 Replies, 507,469 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
32 Replies, 17,429 Views
ST Electronics ( 1 2 3... Last Page)
3,818 Replies, 1,585,584 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,353 Replies, 1,170,970 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,905 Replies, 4,741,745 Views
NUS (National University of... ( 1 2 3... Last Page)
324 Replies, 329,452 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,858,164 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 59,268 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 382,040 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,474 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,522,173 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:19 PM.


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