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SIM-UOL fresh grad starting pay

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  #1511 (permalink)  
Old 26-11-2015, 09:36 AM
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Poly grad. 2 years exp. Large commodity house doing TF. Drawing about 6k. Really sucks to be a poly grad. F*** those NUS, NTU, SMU, UniSIm and SIM-UOL. All Ch**b** NATO (No Action Talk Only)

Sometimes I really wonder the amount of bullshit on this site. Poly grad drawing 6k at a commodity house???? really?? I might have as well not attended uni. Also, your mbb consultants from ivy-league unis are earning that much as a start only. What an insult to them

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  #1512 (permalink)  
Old 26-11-2015, 01:26 PM
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Sometimes I really wonder the amount of bullshit on this site. Poly grad drawing 6k at a commodity house???? really?? I might have as well not attended uni. Also, your mbb consultants from ivy-league unis are earning that much as a start only. What an insult to them

Too bad for you. I have the connections and network. That's why i don't give a flying f*** about any University degrees

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  #1513 (permalink)  
Old 27-11-2015, 02:03 PM
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exactly, so fark off you no life troll.
You forgot to quote yourself.

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  #1514 (permalink)  
Old 27-11-2015, 02:11 PM
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yup, while the frog in the well was typing this, sitting at his herman miller chair on the trading floor, looking at his lange 1 and thinking about where to drive his new C63 to after work ends at 6pm.

sucks to be a local uni grad
Luckily I no need work and live off interests, still got personal chauffeur.

Really heng ah!

Trading floor wan sui!


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  #1515 (permalink)  
Old 29-11-2015, 09:23 PM
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To be honest, I think one reason why MOST SIM graduates don't get very well paying jobs comes down to these things

Desire for a Job:

Most of my friends who are in SIM only start looking for jobs AFTER they finish their final paper. Which means, they start looking for jobs in May each other. By that time, all that's left are jobs that no one wants. Hard truth is, local U students begin looking for jobs as soon as their final year start. Since August until now I've had 4 offers, calls for interviews and 2 more interviews lined up and these are reputable firms - Big4, JPM, GS and management consultancies.

Job Experience:

As much as SIM students want to believe that they are doing part-time therefore the 3 years of experience is very valued. It is not. There is a reason why almost every MAP states that you must be a graduate with less than 2 years of experience. And, most local U students have internship experiences with bigger firms. An SIM student probably has experience with a small local firm or a regional MNC but a local kid will probably have several internships with Fortune100 firms.

On Campus Recruiting:

This is pretty much a killer. Most firms do OCR at the 3 unis including SUTD and SIT. It's pretty much a relationship between the firm and school that they always go to the school to recruit even during bad times, do some token recruiting to maintain relationship. It's a deal breaker.

Leadership Experience:

I joined several CCAs, was part of an exco, did a 6 month exchange, 3 internships, represented the school in competition all the while maintaining a 2nd upper gpa. You may think this is good but to be honest, throw a rock at anyone in SMU, 33% chance you'll hit someone with better accolade than this.

And the most important point is the value of the network. It cannot be emphasized more that statistics are simply against SIM students here. NUS/NTU/SMU is more likely to produce a future senior management than SIM. It's simply a numbers game. You might think networking externally is good enough. But think about why people put their careers on hold to attend top15 MBA schools while taking on upwards of 150k debts? It's easier to get a job or sell a project when you were schoolmates with the CEO/MD than if it was some guy you met at a cocktail party.

My fellow batchmates will kill me for saying this but to be honest, getting into NUS/NTU/SMU is very hard but to graduate? You almost have to try to not graduate. There are some tough courses no doubt, but most of the time? The courses are very easy to pass. It's almost a given that if you test anything on the slides, everyone is gonna score full marks. It has reached the point where the professors set paper not to test whether you know your content or not but rather, catches you on stupid careless mistakes you make.
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  #1516 (permalink)  
Old 30-11-2015, 12:53 AM
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To be honest, I think one reason why MOST SIM graduates don't get very well paying jobs comes down to these things

Desire for a Job:

Most of my friends who are in SIM only start looking for jobs AFTER they finish their final paper. Which means, they start looking for jobs in May each other. By that time, all that's left are jobs that no one wants. Hard truth is, local U students begin looking for jobs as soon as their final year start. Since August until now I've had 4 offers, calls for interviews and 2 more interviews lined up and these are reputable firms - Big4, JPM, GS and management consultancies.

Job Experience:

As much as SIM students want to believe that they are doing part-time therefore the 3 years of experience is very valued. It is not. There is a reason why almost every MAP states that you must be a graduate with less than 2 years of experience. And, most local U students have internship experiences with bigger firms. An SIM student probably has experience with a small local firm or a regional MNC but a local kid will probably have several internships with Fortune100 firms.

On Campus Recruiting:

This is pretty much a killer. Most firms do OCR at the 3 unis including SUTD and SIT. It's pretty much a relationship between the firm and school that they always go to the school to recruit even during bad times, do some token recruiting to maintain relationship. It's a deal breaker.

Leadership Experience:

I joined several CCAs, was part of an exco, did a 6 month exchange, 3 internships, represented the school in competition all the while maintaining a 2nd upper gpa. You may think this is good but to be honest, throw a rock at anyone in SMU, 33% chance you'll hit someone with better accolade than this.

And the most important point is the value of the network. It cannot be emphasized more that statistics are simply against SIM students here. NUS/NTU/SMU is more likely to produce a future senior management than SIM. It's simply a numbers game. You might think networking externally is good enough. But think about why people put their careers on hold to attend top15 MBA schools while taking on upwards of 150k debts? It's easier to get a job or sell a project when you were schoolmates with the CEO/MD than if it was some guy you met at a cocktail party.

My fellow batchmates will kill me for saying this but to be honest, getting into NUS/NTU/SMU is very hard but to graduate? You almost have to try to not graduate. There are some tough courses no doubt, but most of the time? The courses are very easy to pass. It's almost a given that if you test anything on the slides, everyone is gonna score full marks. It has reached the point where the professors set paper not to test whether you know your content or not but rather, catches you on stupid careless mistakes you make.
I think the most amazing part of this whole story is the fact that you actually got a second upper in SMU
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  #1517 (permalink)  
Old 30-11-2015, 01:06 AM
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If you wanna be anal about then I stand corrected, I maintained a magna cum laude.
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  #1518 (permalink)  
Old 30-11-2015, 06:43 PM
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If you wanna be anal about then I stand corrected, I maintained a magna cum laude.
sorry to hijack the thread.

from NTU here, abt same as u, first class with CCAs etc.

I'm guessing u major in finance?

May I know what offers (which company/wat dept) u have gotten at this point in time? I'm graduating june 2016 too
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  #1519 (permalink)  
Old 30-11-2015, 07:39 PM
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sorry to hijack the thread.

from NTU here, abt same as u, first class with CCAs etc.

I'm guessing u major in finance?

May I know what offers (which company/wat dept) u have gotten at this point in time? I'm graduating june 2016 too
I majored in operations.

Had offers from 2 management consulting firms, 2 banks (backoffice). In total I interviewed for 5 consulting firms and 2 banks. Applied more than 15 companies.
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  #1520 (permalink)  
Old 30-11-2015, 07:55 PM
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I majored in operations.

Had offers from 2 management consulting firms, 2 banks (backoffice). In total I interviewed for 5 consulting firms and 2 banks. Applied more than 15 companies.
How are the bac koffice offers? Always curious about them and mid office offers.
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