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SIM-UOL fresh grad starting pay

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  #561 (permalink)  
Old 27-09-2013, 04:18 PM
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Erm my wife is a primary school teacher and she has a NTU degree, a teaching diploma from NIE and a Masters in applied linguistics and she is earning more than my army friend teaching in JC....
I was reading this thread yesterday and asked my sister if there is a difference in terms of level the individual is teaching. She told me no...and she said an NIE diploma cannot become teacher but just a teaching assistant. So, I guess one has to graduate with an NIE degree to teach and the starting salary should be the same irregardless of what levels you are teaching and the difference only comes based on seniority and positions i.e. HOD. Do correct me if I'm wrong.

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  #562 (permalink)  
Old 27-09-2013, 07:46 PM
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My sis went on to do NIE dip after poly, she has been a teacher for about 8 yrs now, and has just started to take her NIE degree.

The difference is in the payscale. Not all primary or secondary teachers are paid alike, it depends on their qualifications.

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  #563 (permalink)  
Old 29-09-2013, 08:19 AM
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My sis went on to do NIE dip after poly, she has been a teacher for about 8 yrs now, and has just started to take her NIE degree.

The difference is in the payscale. Not all primary or secondary teachers are paid alike, it depends on their qualifications.

Correct. Where you teach doesn't affect your pay. Your qualifications are the one.

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  #564 (permalink)  
Old 30-09-2013, 05:46 AM
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Was quite shocked to hear that my army friend was only drawing 2.2k/month. He graduated with one of the distance learning degrees from SIM with a 2nd upper. Before that, he was unemployed for almost 8 months and was never called up for interviews in MNCs for degree positions. He went for several interviews for positions meant for diploma holders though and turned them all down eventually.
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  #565 (permalink)  
Old 01-10-2013, 08:57 PM
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Wow. You need to step into the finance industry for a better perspective. I'm UOL 2nd upper class. In GIC doing MM investment as trainee. 3.1k during probation. Not fantastic, but proves my point. Your friends and yourself may be the majority of shortsighted people who can't see what people are doing in finance.
Agree whole heartedly here. Experience counts for everything and where/what you studied counts for very little.

I'm 27, in the finance industry on a relationship management role drawing 90k basic. I believe that is quite decent for someone who graduated from SIM UOL just 2 years ago.

This is the true "food chain" in finance. who you know > EQ > what you know > where you studied > what you studied. This doesn't really apply to all roles in finance, but really my point here is that is way too much importance on where/what you studied relative to its importance.
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  #566 (permalink)  
Old 14-10-2013, 06:45 PM
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Hey just want to get a sense on the ground if 2500 is adequate for internal audit associate at foo grant Thornton. I have had prior 3 years worth of internal auditing working experience.
I'm also graduating with first class honors.

I feel really discouraged cause it seems like my degree classification doesn't mean anything, I thought with FCH, I could at least command 2800 having had prior relevant experience.

Also applied for big 4 internal audit division but have not heard back from them
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  #567 (permalink)  
Old 14-10-2013, 07:47 PM
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Originally Posted by Sim graduating in 2014 View Post
Hey just want to get a sense on the ground if 2500 is adequate for internal audit associate at foo grant Thornton. I have had prior 3 years worth of internal auditing working experience.
I'm also graduating with first class honors.

I feel really discouraged cause it seems like my degree classification doesn't mean anything, I thought with FCH, I could at least command 2800 having had prior relevant experience.

Also applied for big 4 internal audit division but have not heard back from them
Sadly it's the stigma of an sim uol degree. You would have better luck pursuing your masters at a more reputable uni and then find a job. Lots of sim uol people keep boasting how their graduates get sponsored to do masters at lse. Don't tell me that its all fake? Try for post grad at local uni also if you are keen. Private grads have not used the moe tuition grant that is entitled to them. If you go local uni for poatgrad, you can use your tuition fee subsidy there and it will be cheaper. Shouldn't be a problem for a FCH from uol right? Since you guys keep boasting on how good you are....
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  #568 (permalink)  
Old 14-10-2013, 07:55 PM
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2500 wasnt bad at all, should not care too much for 300-400 difference in expectation. In audit firm, you will get promoted / progressed every year until you hit manager. By then you will be earning a decent salary and ready for your next big position.

Think of your career as a journey. Important to have dream, clear target, and work hard.
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  #569 (permalink)  
Old 14-10-2013, 11:21 PM
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Hey it s only 2/3 out of 100 plus FCH get selected for sponsorship in lse. It isnt easy, got certain criteria to hit and usually those selected are the elites among the FCH. Well, from what i heard, FCH doesnt guarantee u a job in big 4, but there are people who are 2nd upper or first class chosen for it. It all comes down to how well u present yourself to them. In addition, i believe luck plays a part in it too, just like 2nd lower local grad in accountancy course in ntu cant get into big 4. So don't be discouraged, just work hard. Or u can try to source for more options.
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  #570 (permalink)  
Old 17-10-2013, 09:39 PM
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Originally Posted by Sim graduating in 2014 View Post
Hey just want to get a sense on the ground if 2500 is adequate for internal audit associate at foo grant Thornton. I have had prior 3 years worth of internal auditing working experience.
I'm also graduating with first class honors.

I feel really discouraged cause it seems like my degree classification doesn't mean anything, I thought with FCH, I could at least command 2800 having had prior relevant experience.

Also applied for big 4 internal audit division but have not heard back from them
Face the fact, you are just not good enough for local uni and reputable MNCs. Advice is just accept that fact, try not to raise the bar so high and feel disappointed in the end. FCH for DL degree is just like a white elephant, looks nice but nothing inside. 2.5k is good for a sim grad, be happy with what you have and things would be alright.

Dont be in denial like some posts in this thread where they are living in denial about the reality, instead they flaunt their glorious SIM degree which allows them to breaking into banking and what not.
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