Local Uni Class of 2020 - COVID19 Batch - Are your lowering your expectations? - Page 6 - 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




Local Uni Class of 2020 - COVID19 Batch - Are your lowering your expectations?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #51 (permalink)  
Old 04-04-2020, 11:49 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I'm first class honors. I asked for 7k but they offered me 9k. I'm both shocked and surprised. And will work damn hard for the bank
Show us your letter of offer lah, 9k really too hard to believe

Reply With Quote
  #52 (permalink)  
Old 04-04-2020, 08:20 PM
Unregistered
Guest
 
Posts: n/a
Default

am fch from local uni, majored in finance and wanted a job in the banking industry but cant get any opportunities. am currently still looking lol

Reply With Quote
  #53 (permalink)  
Old 05-04-2020, 01:43 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
am fch from local uni, majored in finance and wanted a job in the banking industry but cant get any opportunities. am currently still looking lol
When in doubt, just jump into audit with the Big 4 for a year. Truckloads of A2s move into middle office roles in banking after a year.

Reply With Quote
  #54 (permalink)  
Old 05-04-2020, 07:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
When in doubt, just jump into audit with the Big 4 for a year. Truckloads of A2s move into middle office roles in banking after a year.
fake news. for the hundreds of auditors entering big 4 each year, they are split into general, real estate, energy, financial institutions etc. out of all these, not many get to audit banks. financial services audit is not just banks. it includes insurance companies.

truckloads? you must be kidding. as a hrbp in a bank, trust me when I say this - auditors should stick to audit and accounting. the reason why banks are cautious of hiring ex auditors to banking roles is because there is no longer the safety of relying on previous year's workpapers. in fact, we have had cases where ex big4 auditors leave less than 6 months into their jobs because it's too stressful.

wake up. this is the real world.


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


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
  #55 (permalink)  
Old 06-04-2020, 01:54 PM
Unregistered
Guest
 
Posts: n/a
Default Audit is Dying

Quote:
Originally Posted by Unregistered View Post
truckloads? you must be kidding. as a hrbp in a bank, trust me when I say this - auditors should stick to audit and accounting. the reason why banks are cautious of hiring ex auditors to banking roles is because there is no longer the safety of relying on previous year's workpapers. in fact, we have had cases where ex big4 auditors leave less than 6 months into their jobs because it's too stressful.

wake up. this is the real world.
Completely agreed. In today's day and age, the only reason why audit is still standing as a profession is because of the fact that it is a regulated necessity.

There isn't any value that auditors are providing to their clients nor the greater economy that they're operating in any more.

And for audit as an industry, it is a dying industry. Think about it, companies are making decisions among the Big 4 based on pricing. Where else in the world can you sustain a business when your only value proposition is based on pricing. It is just a race to the bottom, which is unsustainable in the long run.
Reply With Quote
  #56 (permalink)  
Old 06-04-2020, 09:15 PM
Unregistered
Guest
 
Posts: n/a
Default

Fresh grad should minimum ask for $3.2K. The median is $4K so try to get a $4K+ job for your 3/4 years worth of experience studying in school.
Reply With Quote

  #57 (permalink)  
Old 07-04-2020, 07:50 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Fresh grad should minimum ask for $3.2K. The median is $4K so try to get a $4K+ job for your 3/4 years worth of experience studying in school.
First time I hear this logic.

Then I should ask for more since I have more than 10 years is schooling experience lol
Reply With Quote
  #58 (permalink)  
Old 10-04-2020, 12:00 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Fresh grad should minimum ask for $3.2K. The median is $4K so try to get a $4K+ job for your 3/4 years worth of experience studying in school.
Uhh. No.

Graduate programmes aside, fresh hires for executive/analyst roles.

4K - 5K starting
1) Excel must be second nature, fixing #REF errors on a daily.
2) Strong statistical acumen (simple informational forecasting through K-Means clustering)
3) Have I mentioned Excel?

Generally in my firm, fresh graduates from STEM backgrounds in analyst roles have a 4K pay range.

But if you’re asking for a PoliSci or FASS student who can only write fancy essays, then no.... Their job nature does not warrant a 4K average salary.
Reply With Quote
  #59 (permalink)  
Old 10-04-2020, 10:02 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Uhh. No.

Graduate programmes aside, fresh hires for executive/analyst roles.

4K - 5K starting
1) Excel must be second nature, fixing #REF errors on a daily.
2) Strong statistical acumen (simple informational forecasting through K-Means clustering)
3) Have I mentioned Excel?

Generally in my firm, fresh graduates from STEM backgrounds in analyst roles have a 4K pay range.

But if you’re asking for a PoliSci or FASS student who can only write fancy essays, then no.... Their job nature does not warrant a 4K average salary.
Many of such roles will be gone soon.
Reply With Quote
  #60 (permalink)  
Old 10-04-2020, 12:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Uhh. No.

Graduate programmes aside, fresh hires for executive/analyst roles.

4K - 5K starting
1) Excel must be second nature, fixing #REF errors on a daily.
2) Strong statistical acumen (simple informational forecasting through K-Means clustering)
3) Have I mentioned Excel?

Generally in my firm, fresh graduates from STEM backgrounds in analyst roles have a 4K pay range.

But if you’re asking for a PoliSci or FASS student who can only write fancy essays, then no.... Their job nature does not warrant a 4K average salary.
No self-respecting stats inclined person will use excel for k means clustering.
Think you better stick to polsci and fass hires for your 4k hires

If you put a better salary of 8k, you can hire some decent com sci grads to migrate away from excel.

Generally business should have their data in sql then extract for analysis. (R, pthyon, sciki)
Key is automation. You do not want to waste time to fix !REF
Using excel is really what polsci and fass grads do.
Reply With Quote
Reply

Bookmarks

« 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
Salary expectations in Hospital Management ssoomro Income and Jobs 1 11-05-2018 12:15 AM
is 3rd class honors useful? YGYGYG Income and Jobs 71 27-10-2017 10:05 PM
Help in career path (low expectations) 1234567 Income and Jobs 9 19-01-2015 05:36 PM
PUB interview (June's Batch) pandayh Income and Jobs 0 16-06-2014 04:34 PM
Salary expectations for midlife career change of an Engineer singaporeteacher Income and Jobs 2 12-06-2012 10:00 PM

» 30 Recent Threads
DBS Graduate Associate Program ( 1 2 3... Last Page)
730 Replies, 362,922 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,998 Replies, 3,807,051 Views
Lawyer Salary ( 1 2 3... Last Page)
8,986 Replies, 2,923,770 Views
Advisable to volunteer to be...
2 Replies, 887 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
213 Replies, 100,186 Views
Compare civil service salary ( 1 2 3... Last Page)
10,578 Replies, 5,809,182 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,381 Replies, 952,921 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,011 Replies, 794,081 Views
Career as Teacher ( 1 2 3... Last Page)
2,828 Replies, 1,705,301 Views
Big Four Promotion/Bonus/Incr... ( 1 2 3)
28 Replies, 5,531 Views
Passive income ideas? ( 1 2 3)
23 Replies, 16,592 Views
Anyone applied to MTI before as... ( 1 2 3)
23 Replies, 1,754 Views
Roles in accenture singapore ( 1 2 3... Last Page)
402 Replies, 262,583 Views
Dsta ( 1 2 3... Last Page)
825 Replies, 560,345 Views
What is typical RSU and sign on?
4 Replies, 343 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,524 Replies, 1,074,097 Views
Ntu sociology degree ( 1 2 3... Last Page)
59 Replies, 48,335 Views
How much to ask for starting pay... ( 1 2 3... Last Page)
87 Replies, 7,646 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
219 Replies, 129,958 Views
How to properly manage the income?
4 Replies, 304 Views
ST Electronics ( 1 2 3... Last Page)
782 Replies, 236,838 Views
How much does a nurse earn ? ( 1 2)
11 Replies, 20,664 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
122 Replies, 29,265 Views
MFA- Foreign Service... ( 1 2)
19 Replies, 2,680 Views
DBS Strategic Advisory
0 Replies, 123 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
641 Replies, 467,370 Views
How to know you are not fit for...
6 Replies, 797 Views
Software developers salary outlier ( 1 2)
11 Replies, 2,076 Views
anyone working at NCS ? ( 1 2 3... Last Page)
415 Replies, 306,663 Views
How to avoid giving pass salary...
8 Replies, 716 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:56 AM.


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