SIM-UOL fresh grad starting pay

This world is for dreamers aka winners.
Loser mentality like yours talking about how one is restricted by their education/how rich your parents are/ competition you face from local/Ivy League grads won't make it far in life.
Btw it's average for people around me to make $1M a year and 50% of them are not local grads, so suck it up.

Originally Posted by Unregistered

No use correcting him/her..people here really have selective reading issues. We're talking about freshies with little to virtually zero experience trying to break into the FO. Then now we have smart asses trying so hard to form the best possible "what if" scenario.

if you have >few years of working experience, i don't really give a **** about your paper. Just tell me, all things being equal except qual, why should i hire you over someone from the local U who has a GPA in the upper quartiles ?

The topic here is on freshies. Don't come and drag in people who already have had working exp. To be fair, i was once told by the HR that there was an SIM UOL fella cum some committee member of SIM investment club. He was selected for the MAP interview of my firm. But sadly he didn't get past the 2nd rd. It was an operations track. So it is not impossible to get called up for MAP interviews as a DL private grad. Whether you can make it past or not that's another story. I personally do know of some DL grads (not sim) working in the FO of other banks (knew them from seminars and name cards). But they didn't join as a freshie, they already have min. ~3-4yrs of exp.

For those who still wanna BS and quote about your friends, your mother's friend's daughter, yada yada, please kindly show us i.e. linkedin profile of those FO guys/ladies who joined as FRESH GRAD straight out of SIM. Just to give you some leeway, you can include AM firms as well. But please don't give us the bull crap SME prop trading firms like six cap and etc. Everyone in the streets know what kind of firms they are.

please wake up and make an effort to level up yourself. Stop reading stupid articles in efc or WSO and alike. In this internet age, if you still can't find out things yourself... then i sincerely wish you all the best.

-former SIM UOL DL grad years ago

Originally Posted by Unregistered

I'll be straight and honest with you. If you can show positive returns with low volatility for the next three years trading your parent's 30k, then it's a worthy resume point.

The thing is ... can you? I don't want to question your trading experience but I'll check - what assets you'll trade, what strategy, what time frame? Do you have experience trading before? Do you know about the spreads you need to beat? Are you familiar with hedging around event risk?

So many people come here and say, if I can get a 20% return from $100,000, then confirm employer will hire me even if I am SIM graduate. Just answer the question first ... can you even get a 20% return?

Last year I made about $500 with my own money of ~$4000, that's about 25% playing the stock market. I am hoping to make 25-30% this year. So if I can get average 25% for 2 years, will this help in getting a trading job?

Originally Posted by Unregistered

Last year I made about $500 with my own money of ~$4000, that's about 25% playing the stock market. I am hoping to make 25-30% this year. So if I can get average 25% for 2 years, will this help in getting a trading job?

Yes it might. Peg to the S&P 500 and STI. We always look at how many % you beat the index by. Not absolute returns. S&P go up 24% this year u get 25% returns, nothing special. If S&P drop 24% this year and u get 25% returns, ****ing impressive.

Consistency is key too. Maintain a consistently high returns over a benchmark index maybe over 3-4 years at least. Much more valuable than your degree.

why this thread got non uol or sim ppl? nothing better to do ah? or is it kena scolded at work then come here scold ppl to de-stress?

Originally Posted by Unregistered

This world is for dreamers aka winners.
Loser mentality like yours talking about how one is restricted by their education/how rich your parents are/ competition you face from local/Ivy League grads won't make it far in life.
Btw it's average for people around me to make $1M a year and 50% of them are not local grads, so suck it up.

1 million peso or rupiah?

Originally Posted by Unregistered

why this thread got non uol or sim ppl? nothing better to do ah? or is it kena scolded at work then come here scold ppl to de-stress?

because the truth is uol/sim/LSE clementi will always be trash

Originally Posted by Unregistered

1 million peso or rupiah?

1 million monopoly notes.

Originally Posted by Unregistered

1 million monopoly notes.

1 million British Pounds (from King of Hell)

Originally Posted by Unregistered

because the truth is uol/sim/LSE clementi will always be trash

actually the truth hor

is u just using online forum to vent your anger, capable local uni grads wouldn't even come in here, let alone reply

Job market is pretty bad right now, mostly offering about $2.5k for junior executive roles from what I heard from my juniors. Bear in mind that I had about 2 years of prior work experience including a permanent job before i enrolled full time in UOL biz degree. I just started.

Been a year since i worked with my currently company, half pte half govt organization. Starting pay was $3k. I went for a couple of interviews before securing my job and many employers were only willing to offer $2700 or below. Be confident in yourself (: