Working in a bank

[ericgohjunhui]

Oh ok. Understood I'm currently 25 this year. I guess it is still possible for me to go into all this cycles? I'm intending to gain some relevant experience this year before getting my deg next year. Cos I'm currently in the govt sector so I hope to get into the right working environment. Sorry if I have asked 'ignorance' questions. Cos I need someone experience enough to guide me. Thanks

HI,

I am currently an NSF, about to ORD in 5 months.

I am keen to find out my degree in EEE with a minor in economics or business would help me get into investment banking?

Would topping it up with a CFA or CAIA help?

I was thinking to transfer to SIM UOL BSc in Banking and Finance from NTU EEE. What do you guys think? I just need some opinions from different people.

Yes, I have read your earlier posts on getting a step in, is that the only way?

Originally Posted by CONFUSEDARMYDUDE

HI,

I am currently an NSF, about to ORD in 5 months.

I am keen to find out my degree in EEE with a minor in economics or business would help me get into investment banking?

Would topping it up with a CFA or CAIA help?

I was thinking to transfer to SIM UOL BSc in Banking and Finance from NTU EEE. What do you guys think? I just need some opinions from different people.

Yes, I have read your earlier posts on getting a step in, is that the only way?

You can definitely get into a bank but be realistic you won't be a trader or investment banker. Start in ops and move to consumer sales or rise up in ops. This is your best bet. I know of people who have dip and UniSim UOL degrees who are making good income of 100k.

Originally Posted by Unregistered

You can definitely get into a bank but be realistic you won't be a trader or investment banker. Start in ops and move to consumer sales or rise up in ops. This is your best bet. I know of people who have dip and UniSim UOL degrees who are making good income of 100k.

Dude, I know people from UOL who are making 2.5k as well.

So my question is other than contacts, it isnt possible to be a investment banker with my current situation?

[blackswan]

Originally Posted by CONFUSEDARMYDUDE

Dude, I know people from UOL who are making 2.5k as well.

So my question is other than contacts, it isnt possible to be a investment banker with my current situation?

nothing is impossible. but even to a 1st class hons student local uni its a bit hard to be ibanker ( i assuming u want to go front office)

perhaps u can research on which role u want to be.
be more specific. do u want to be deal with M&A or u want to be trader?
if trader what kind of trader. commodities, forex ?

suggest u join those smaller firms/brokerage 1st

for example my fren got 1st class hons in engineering and he got in as investment banker. He took part in a lot of forex trading competitions and got into finals. So i think it helps a lot , his 1st class from NTU might not be enough to got him the job.

Originally Posted by CONFUSEDARMYDUDE

Dude, I know people from UOL who are making 2.5k as well.

So my question is other than contacts, it isnt possible to be a investment banker with my current situation?

Anything is possible. You can also strike toto. Dude, I've given you a best bet advice which I myself would heed if I were in your shoes. Start in ops.

Or you can do insurance or property.

so you guys are telling me to go for NTU eee with a business minor?

I know what i want, I want to be an investment banker, dealing with commodities/forex.

The big question now is NTU EEE / SIM UOL is better for me in terms of getting a banking career.

I dont mind starting out with insurance. I already planning to work as a financial planner or insurance agent during my university days as I have studied a few CFP modules.

Are you guys in the banking industry?

Originally Posted by CONFUSEDARMYDUDE

so you guys are telling me to go for NTU eee with a business minor?

I know what i want, I want to be an investment banker, dealing with commodities/forex.

The big question now is NTU EEE / SIM UOL is better for me in terms of getting a banking career.

I dont mind starting out with insurance. I already planning to work as a financial planner or insurance agent during my university days as I have studied a few CFP modules.

Are you guys in the banking industry?

do you know the difference between a trader and an investment banker?

anyway, to answer your questions, SIM UOL should be better, but only just slightly.

good luck.

i knew what i wanted too - to be filthy rich. i knew how i wanted to go about doing it too - start as an office boy in a casino and rise up to the top as a CEO, then build my own casinos in LV, Macau and Singapore. i knew exactly the steps to do it.

and now i'm still here.

Originally Posted by Unregistered

do you know the difference between a trader and an investment banker?

anyway, to answer your questions, SIM UOL should be better, but only just slightly.

good luck.

i knew what i wanted too - to be filthy rich. i knew how i wanted to go about doing it too - start as an office boy in a casino and rise up to the top as a CEO, then build my own casinos in LV, Macau and Singapore. i knew exactly the steps to do it.

and now i'm still here.

Only slightly. How come?

Is it true that when you grad, your employers look at your grades and where your degree is from?

If not I would just go back to NTU EEE, slog my ass off to get good results and head to MAS.

Trader is trading for the company whereas investment banker does more of the buy/sell side regarding mergers etc. Please enlighten me. I am alright with these 2 jobs, but I think I prefer being a trader more.

Originally Posted by CONFUSEDARMYDUDE

Only slightly. How come?

Is it true that when you grad, your employers look at your grades and where your degree is from?

If not I would just go back to NTU EEE, slog my ass off to get good results and head to MAS.

Trader is trading for the company whereas investment banker does more of the buy/sell side regarding mergers etc. Please enlighten me. I am alright with these 2 jobs, but I think I prefer being a trader more.

why are you so sure that MAS will hire you?