SIM-UOL fresh grad starting pay

Originally Posted by Unregistered

i realized many uol students take up contract positions in compliance, any other roles in banking which uol students can realistically aim for (excl ops)? i'm not gonna be a dreamer and aim for dcm or ecm

Realistically speaking?

Consumer/retail banking and SME banking. These two divisions are more manpower-heavy and hence, have many contract positions available.

Originally Posted by Unregistered

Realistically speaking?

Consumer/retail banking and SME banking. These two divisions are more manpower-heavy and hence, have many contract positions available.

when u say sme banking, do u mean credit analysis for SMEs or cold calling SMEs?

Originally Posted by Unregistered

when u say sme banking, do u mean credit analysis for SMEs or cold calling SMEs?

Could be either, it really depends on the vacancies available in that particular organization. It is just like how I didn't specify if it's the credit cards department or consumer mortgages department in retail/consumer banking. Because it is quite pointless to be so specific.

But in general, SME banking and retail/consumer banking have more manpower requirements than other departments like markets or corporate banking.

Originally Posted by Unregistered

Could be either, it really depends on the vacancies available in that particular organization. It is just like how I didn't specify if it's the credit cards department or consumer mortgages department in retail/consumer banking. Because it is quite pointless to be so specific.

But in general, SME banking and retail/consumer banking have more manpower requirements than other departments like markets or corporate banking.

isn't SME and corporate banking the same thing aka institutional banking?

Originally Posted by Unregistered

Could be either, it really depends on the vacancies available in that particular organization. It is just like how I didn't specify if it's the credit cards department or consumer mortgages department in retail/consumer banking. Because it is quite pointless to be so specific.

But in general, SME banking and retail/consumer banking have more manpower requirements than other departments like markets or corporate banking.

what talking u? that guy was asking the question because there's a huge difference between both. And yeah kindly explain what is the difference between sme banking and corporate banking, both seems the same

I dunno about that particular guy's bank, but in general, the different divisions are New Businesses (small), Corporate (medium), Institutional (large).

Its amazing how ignorant people can be so rude.

Btw, you got absolutely no chance to be in those areas.

Retail and Private banking are your only chances.

Originally Posted by Unregistered

I dunno about that particular guy's bank, but in general, the different divisions are New Businesses (small), Corporate (medium), Institutional (large).

Its amazing how ignorant people can be so rude.

Btw, you got absolutely no chance to be in those areas.

Retail and Private banking are your only chances.

Appalled by how rude they are too.. It's quite disappointing, actually.

Anyway, just adding my two cents - retail/consumer banking is your best chance.

Originally Posted by Unregistered

Appalled by how rude they are too.. It's quite disappointing, actually.

Anyway, just adding my two cents - retail/consumer banking is your best chance.

hi, u in retail banking yourself? can share more

Originally Posted by Unregistered

i realized many uol students take up contract positions in compliance, any other roles in banking which uol students can realistically aim for (excl ops)? i'm not gonna be a dreamer and aim for dcm or ecm

Just adding my two cents. I was from SIM, worked a few year in retail banking/recruitment and did a masters in a local Uni. Managed to get a full time role in a DCM position although it is not a bulge bracket.

Private universities doesn't mean 0 change to get into FO. Just very very difficult - you need hard work and honestly abit of luck.

Market's really bad now, so I guess whatever offers you get, you should consider it.

Graduated last year. Working in a special sits fund. 9-10k base.