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13-08-2015, 08:57 PM
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Quote:
Originally Posted by Unregistered
insurance agent no need degree right? diploma + looks can liao?
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no need degree to enter the industry as or now. the min requirement is still at diploma. good looks is good to have to succeed, but not must-haves. most importantly is hard work, esp for first year to create your client base. but most sim-uol grads, like myself, will find the professional papers a walk in the park after the tough rigours of uol exams.
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14-08-2015, 11:08 AM
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Quote:
Originally Posted by Unregistered
that is exaggerated la. out of 10 new agents, 9 will quit within 2 years i tell you. out of the 1 who stayed, maybe only 1 in 10 will make that type of money with the right connections and a lot of luck. the other 9 who stay is looking at 5-10k best on average every month after 5 years. speaking from exp, another lse clementi graduate here.
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Based on my brief exp with an agency for AIA, I would say 4-6k is a more reasonable average. I doubt it is common for a typical agent >2 yrs to make more than 6k on average every month. Of course those with exceptional sales performance is different story.
My mentor was considered 80th percentile performer and he was only drawing 100k every year.
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14-08-2015, 11:40 AM
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Quote:
Originally Posted by Unregistered
Based on my brief exp with an agency for AIA, I would say 4-6k is a more reasonable average. I doubt it is common for a typical agent >2 yrs to make more than 6k on average every month. Of course those with exceptional sales performance is different story.
My mentor was considered 80th percentile performer and he was only drawing 100k every year.
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Good money and gives you the dream of "the harder you work, the more you can earn" and "be your own boss". How many know what this means? If you think you can get away with 8 hour days, 5 days a week then you will be sorely disappointed. My agent friends are basically on-call throughout the day. Clients like to meet in the evenings up till 9 or 10pm, and weekends are also the best time since they don't need to work. Weekdays are spent clearing paperwork in office and maybe meeting some clients during lunch or tea break.
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15-08-2015, 09:37 AM
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hi all,
just to dispel some myths and obvious trolling here. I am about to finish a Master's degree at LSE (the real one). I previously did my undergrad in another UK university and decided to do a Master's to boost my CV and switch my field of studies. There are indeed Singaporean SIM-UOL students who enrolled in Master's degrees at LSE as well. A casual observation shows that most are in the MSc accounting and finance or economics.
I haven't got to hang out much with them because I'm not in the accounting or economics department, but I can gather from speaking to them that they are pretty bright and certainly worked really hard to be where they are. Don't form an opinion of these kids based on a few braggarts. At the end of day, many are at LSE or other universities working hard to pursue an advanced degree to boost their job prospects or to learn something new.
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17-08-2015, 03:10 AM
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Quote:
Originally Posted by Unregistered
hi all,
just to dispel some myths and obvious trolling here. I am about to finish a Master's degree at LSE (the real one). I previously did my undergrad in another UK university and decided to do a Master's to boost my CV and switch my field of studies. There are indeed Singaporean SIM-UOL students who enrolled in Master's degrees at LSE as well. A casual observation shows that most are in the MSc accounting and finance or economics.
I haven't got to hang out much with them because I'm not in the accounting or economics department, but I can gather from speaking to them that they are pretty bright and certainly worked really hard to be where they are. Don't form an opinion of these kids based on a few braggarts. At the end of day, many are at LSE or other universities working hard to pursue an advanced degree to boost their job prospects or to learn something new.
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Where did you do your UG?
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17-08-2015, 05:00 PM
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Working in Bank
I just grad from SIM (FCH), and I want to aim for management associate. I believe with my degree as SIM is becoming a global institute which makes us on par with ivy league university, which is better than local university (personal view), I can secure a position in any Bank.
Was looking at local bank though. Not sure what is the pay I should asked for? (5k to 7k?)
any constructive advice for me?
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17-08-2015, 05:09 PM
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how come so many trolls recently?
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17-08-2015, 05:26 PM
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Quote:
Originally Posted by Unregistered
I just grad from SIM (FCH), and I want to aim for management associate. I believe with my degree as SIM is becoming a global institute which makes us on par with ivy league university, which is better than local university (personal view), I can secure a position in any Bank.
Was looking at local bank though. Not sure what is the pay I should asked for? (5k to 7k?)
any constructive advice for me?
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You are superb! Asking pay far too low! Since you now possess a superior degree your asking pay should be no less than 10k.
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17-08-2015, 05:35 PM
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Quote:
Originally Posted by Unregistered
how come so many trolls recently?
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I am not trolling, I am asking for real advice. I see the way local uni peeps here response and shoot down us, their EQ are really low.
I believe that SIM is better than local uni, as it is a global institute which enable us with more border view of looking at things.
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