SIM-UOL fresh grad starting pay

Originally Posted by MrFinanc3

It is true. Contract job for bank usually dont pay alot especially if the person do not have experience and thus no bargaining power to speak of. 1.8k to 2.4k is pretty reasonable. But if u are doing admin work for contract in bank at 2k. It is really not worth it at all. At the end of the day, it depend on what position you working in rather than the pay itself. This is especially true where bank now are cutting jobs and only offer their position to the best candidate available.

What sort of roles do you constitute as admin? I have had calls for data and documentation. Are these admin? Thanks

Originally Posted by Unregistered

1.8 to 2.4k for a fresh grad? thats so fking embarrassing and unfitting for a graduate

$2K for a fresh grad is fairy reasonable in this present environment. You must understand that for private degrees the banks will discriminate, its a silent policy whether you like it or not. You must realize that taking the private route is easily attainable for any cohort. A look at our 0-levels results reveal that 80% achieve 5 O-level passes so these people are eligible for polytechnic education. Fast forward, they easily qualify for private tertiary education. This excludes those from N-level and Ite routes, a proportion of them may also decide to pursue private degrees by taking a bridging program. So we have a situation whereby over supply of grads in the market place.

In recent years, each of our cohort is performing better in national exams and this is manifested in our students' abilities to excel in international assessments. Going forward, expect more supply of grads and the more desirable employers shall have a field time in choosing who to employ for even back office roles.


Rather than grumbling over pay, better for fresh private degree holders to take whatever opportunities given to learn as much and work really hard to perform on the job. Remember there's a long queue waiting to enter the banking sector.

[existence92]

sorry to ask if this question has been asked before..

may i humbly ask , for a new applicant for sim uol banking and finance, looking into future career pathways -

what would be recommended things to study to prepare?
what is the difference between analyst / others?
I would like to work in a job (realistically) in back office doing operations such as ie. bank tellers(?), analysts, others or middle office (if i am lucky) - what should i be doing?


i knew an acquaintances who was second in her whole cohort, working in J.P.Morgan chase - it's possible for SIM grads to work in there...

I appreciate any advice given..

Originally Posted by existence92

sorry to ask if this question has been asked before..

may i humbly ask , for a new applicant for sim uol banking and finance, looking into future career pathways -

what would be recommended things to study to prepare?
what is the difference between analyst / others?
I would like to work in a job (realistically) in back office doing operations such as ie. bank tellers(?), analysts, others or middle office (if i am lucky) - what should i be doing?


i knew an acquaintances who was second in her whole cohort, working in J.P.Morgan chase - it's possible for SIM grads to work in there...

I appreciate any advice given..

whenever u ask people where they working.. also ask them what they working as / position?

those road side sell credit card also call work at citibank/SCB
those in bank work as admin also call work in bank.

Originally Posted by existence92

sorry to ask if this question has been asked before..

may i humbly ask , for a new applicant for sim uol banking and finance, looking into future career pathways -

what would be recommended things to study to prepare?
what is the difference between analyst / others?
I would like to work in a job (realistically) in back office doing operations such as ie. bank tellers(?), analysts, others or middle office (if i am lucky) - what should i be doing?


i knew an acquaintances who was second in her whole cohort, working in J.P.Morgan chase - it's possible for SIM grads to work in there...

I appreciate any advice given..

Why not just apply and the answer will be very obvious - most likely you will only get contract operations offer in banking BO. As for what bank or what job among BO ops, I don't think got much difference. Is contract for JPM BO better than say DBS? I think it's the same.

Hi All, my company is currently hiring finance and accounting students due to constant expansion and turn over rate as well. Do contact us if u would like to apply as the company policy seems to at least shortlist the candidate for an interview if they are being referred by current employee.

Start pay: 3000/mth, salary adj every 6months depending on performance

We try to help refer graduates who are interested in the role as the company give referral fees if we actually refer them suitable candidates (they dont have to source and filter for candidates).

Just some info to let u have a better idea of the people working here.
Quite a handful of fresh grad start working at this co. From the people i know in the co., most are:
- Ntu Graduates
- Smu Graduates
- SIM UOL Graduates with Second Upper Class Honours & Above
- SIM RMIT Graduates with Distinction

Any queries can email us at alaricwoon@gmail .com or u can forward your resume to us, we will send to our HR Team and CC-ed you in the email to follow up!

Originally Posted by Unregistered

Hi All, my company is currently hiring finance and accounting students due to constant expansion and turn over rate as well. Do contact us if u would like to apply as the company policy seems to at least shortlist the candidate for an interview if they are being referred by current employee.

Start pay: 3000/mth, salary adj every 6months depending on performance

We try to help refer graduates who are interested in the role as the company give referral fees if we actually refer them suitable candidates (they dont have to source and filter for candidates).

Just some info to let u have a better idea of the people working here.
Quite a handful of fresh grad start working at this co. From the people i know in the co., most are:
- Ntu Graduates
- Smu Graduates
- SIM UOL Graduates with Second Upper Class Honours & Above
- SIM RMIT Graduates with Distinction

Any queries can email us at alaricwoon@gmail .com or u can forward your resume to us, we will send to our HR Team and CC-ed you in the email to follow up!

Is this a start up or sme?

Hi guys, I know that being a SIM-UOL student is already at a disadvantaged as compared to local uni grads. Therefore, I would like to boost my resume while studying in sch. Other than internships, do companies look out for ppl who are actively volunteering in community service? I'm kinda curious about employers' perspective towards volunteering work. Is it an added bonus to one's resume?

[houmaidog]

I finished my UOL final exams(Accounting and Finance) in May'2017 and managed to land a job that pays me $3.7K/mth.

I applied for jobs through various job portals - linkedin, jobstreet, hays, recruiter etc.. Went for a few interviews but did not get shortlisted for the job.

I think being a private degree holder already puts us at a disadvantage compared to local university. I was fortunate enough to learn of the opening that my current company offers through my contacts.

As you have heard your family or friends saying that contacts are really important, It is so dam true!!!

Any private U fresh grads can pm me privately if you like to have a command a higher salary as my company is still hiring.

Originally Posted by houmaidog

I finished my UOL final exams(Accounting and Finance) in May'2017 and managed to land a job that pays me $3.7K/mth.

I applied for jobs through various job portals - linkedin, jobstreet, hays, recruiter etc.. Went for a few interviews but did not get shortlisted for the job.

I think being a private degree holder already puts us at a disadvantage compared to local university. I was fortunate enough to learn of the opening that my current company offers through my contacts.

As you have heard your family or friends saying that contacts are really important, It is so dam true!!!

Any private U fresh grads can pm me privately if you like to have a command a higher salary as my company is still hiring.

Great Eastern or Prudential?