MBA / Masters grads
 

Any MBA grads to be (2020) here with working exp, care to share how the job hunt has been going amidst the current global economic outlook? I got accepted to one of the M7s but rethinking whether to go... Can anyone currently doing an MBA share their experience? Seems like post-mba opportunities in Sg are quite bleak..

SG companies and corporate world generally speaking don't like it when they see any sort of gaps in your CV. You can only use the excuse/valid explanation of "I was freelancing and experimenting with my career options during that time" so many times, and 1 year off your career path in SG is a very big deal compared with other countries once you start thinking of compounding pay increments.

I got two gaps on my resume, one about 6 months and the current one about 10 month :(

Means I am hong gan and might as well book a swim at Macritchie? :(

Otherwise, how to explain? :(

you better have a good explanation lor.

i applied for internship a few years back at one of the bulge bracket banks and they kept hounding me to explain my 2 year gap (due to NS) because the HR was located overseas and I had to tell them that conscription is mandatory in SG

Hi, would like some opinion from you guys on the job offers I have so far. The info shared is from what I can gather, not concrete.

1. Micron: Planning Engineer
- Base pay: 4K + AWS + Variable Bonus + OT (Usually plenty if ones want to do)
- The industry and the company is projected to grow
- Promotion for the first few years is fast. first promotion on avg: 1yr
- Increment: 10% normal - 20% if promoted

2. Singtel MAP
- Base Pay: 5k + Variable Bonus (2-6 months)
- The industry is saturated, growth plateaued, but they have fast-growing subsidiaries (like
NCS) which I can forever be part of.
- Promotion is slow, can't find a reference timeline. But heard they have had pay increment
freeze before
- The increments I heard are less than 20%

About me, Engineering grad but do not like the boring back-end life, hate that there are no girls also hahah. I would eventually like to transition into Banking and Finance.

Banking and Finance? Then you should not bother with either.

You should have planned ahead and got yourself some banking internships.

Hey OP maybe i can chime in with my opinion, was also offered Singtel MAP but specialist track in 2022 - i think one thing we can consider is that the MAP is a graduate program which after all offers better progression as im sure you know we start at a higher grade already. I would say either Singtel is pivoting q well (?) into the tech space which is a boom for sure. Micron as well but do consider that it aint a graduate program as well. After all after the 2 years in Singtel, i heard that u are p much guaranteed a role if u choose to stay on, else, at least you can say you were in a tech industry (?) kinda. just my 2 cents!

No choice brother, I do not have B&F background. Tried the MA programs offered but did not make it through, other than this finexis Advisory which I think is not a good program (to me it seems like they want you to become an FC and hire more FCs, shouldn't even say FC but insurance agents).

I am in between interview rounds for Capital Group early-career associates programs and would definitely take it up if they offer me, no doubt about that haha.

But for now I have these, so getting at least one out of my brain would be good. Will still be looking out for more opportunities anyways.

Thanks mate, and congratulations on your offer. I didn't want to influence the decisions of other singtel MAP candidates hence did not post in the thread haha.

Anyways, do you really think they have a growth opportunity (sincerely asking)? to me their financials for the past 5 years looks very bad, they have gone nowhere and paying more dividend than their earnings, business equity has gone down.

In the time when covid should have a positive impact on their business, they struggled. I think the NCS business has growth and If I choose to go in, I would focus on that.

Also talking to the senior MAP, They really didn't open up on the progression and increments, which worries me a little. But somewhat understandable also cause it was on zoom with a bunch of other candidates also.

But I am actually inclining to towards the MAP as well. If in 4 years they are able to give two bumps @20% pay increase and 10% increment on the other years. It would be great already.

I think you’ll probably be in for a rude awakening if you’re expecting this level of increments. 20% increment typically only comes with a promotion and yearly increments without promotions is also highly unlikely to hit 10%.

If it were strictly between the 2 I would take the Singtel offer no question. Better comp is already a win and there is more opportunity for you to be exposed to a corporate role, generally speaking.

just say you during the gaps freelance at geylang, if it is a male boss. likely you will have a even brighter future!

Thanks mate

Both are different role, choose the role that you like.

freshie in for a rude awakening

Well yes, was implying 2 promotions in first 4 years and I believe that is reasonable. The numbers I got for micron (10%, 20%) are after talking to people in the company and in the role (offcourse depending on performance). What do u think is reasonable? Are u in these companies or roles?

Tan ah kow tells you the earth is flat you also believe ah? Boy you will be in for a rough time in the working world if this keeps up.

Ignore the disbelieving boomers projecting their saltiness. I've got a few buddies in Micron (Entry level climbed to Middle management, 4-5 YOE), these numbers are indeed accurate for Micron.

I am the CEO of Micron, your buddies were just fired by me today

IMO Micron has a better brand name than Singtel by a wide margin. It's hard to compare progression and increments cause they can be inflated and based on performance & luck. Singtel's MAP does have it's merits since it is a program with rotations but Micron's brand name is way stronger. It just boils down to what you value more. T

Depends on industry and what kind of company you will be sending your CV to in the future also lah. I can tell you that within finance in general, Singtel > Micron by a good distance in terms of how it speaks to prospective employers when they see it on your CV.

Actually, same for tech. Singtel > Micron by a large margin. Just ask industry insiders and view linkedin profiles.

semi con idustry will longer shine like a digital company

Semicon is dying in Singapore liao. 10 years from now the manufacturing won't be based here anymore. Engineers gonna up lorry big time.

covid destroyed many aviation engrs too

Any other 2020 grads still stuck in traineeship drawing 2.5k?

wah.. which coy pay only 2.5k for traineeship?

What about singtel vs micron vs dbs?

dbs bank teller?

Micron
Strong global branding
For those with ambition and willing to take on competition.
Value adding oriented.
Tough competition and risky
Global exposure and unlimited career prospects

Singtel
Don't have global branding
For those who are lazy and unwilling to take on competition.
Structured prospects with little value add required
Stable
Very limited exposure and dead end structure.

Really depends on what you are looking at.

How can a sme be better than a listed company like singtel. You think micron is mnc?

peace. singtel better than micron

which kum gong thinks Micron is SME?

Micron is on the Nasdaq...

Agreed that in general, Singtel > Micron by a mile in terms of their profile. One of them is listed while the other is just a small medium enterprise. Sure they have a factory in woodlands and employ like 100+ employees but compared to Singtel, they still cannot match up in scale. Not as prestigous as having singtel in your CV. Another good option is to go for ST. These are very stable and prestigous so way better than any sme.

What??? Wahahaha...

You trolling right? micron market map is literally more than double of SingTel

haha. if micron is a sme, then singtel is a startup

Just as I expected. This forum is full of pro-GLCs ignorant daydreamers who continue to live in delusion with weird ideas like semicon dying...

So, Singapore is your limit? That's quite a loser's ambition. Go global! And semicon is not only about manufacturing, there are R&D, supplychain, sales offices, Sourcing hubs etc... Tech companies like google continue to thrive and they drive demand for their hardware that gets massive replacement every few weeks and months. And that's only for IOT. Semi con is also needed to support to switch from petroleum engines to EV. Etc. Semicon dying in Singapore? Lol... semicon and their supported industries are global, who thinks like a loser with Singapore's the limit? Lmao...

Quite a dumb statement.
Semi con serves not only the tech industry. They serve medical, aerospace, automotive, IOT where your tech piggy bags on, etc. It will continue to be in demand and you get to move around with global presence.