SIM-UOL fresh grad starting pay

Originally Posted by Unregistered

You obviously are not in the finance industry. And China's growth has slowed down to a minimal since 3 years ago.

Typical mainstream presstitute brainwashed "intellectual". Ang moh da best!

Originally Posted by Unregistered

A pass UOL business degree, fresh grad, 2.7k start, perm role in telecomm industry consider ok?

Its good offer. I have a 3rd class honors and was offered 2.3k from one of the largest accounting firms. I will grab it with both hands if I was in your shoes. Do you have any prior exp?

Originally Posted by Unregistered

Seriously, we all know their career progression is limited in the banking industry. They are frowned upon there. This is a fact. They will be hired by banks and other financial firms but may receive a lower pay than their local counterparts

They may receive a lower pay at first but the rest all depends on their work performance and attitude. If a local grad with "higher starting pay" performed badly as compared to a sim grad with "lower starting pay", who do you think will progress better 10 years down the road? Those local grad who thinks that they are so much superior and yaya papaya everyday in forums bashing other sim grads only shows that they are lacking confidence and need to put down others in order to make themselves feel better. They won't be able to make it big in the real world. The rest who are humble and low profiles are the ones who will be respected and make it big in the real world.

Originally Posted by Unregistered

Do you suck dick with that?

SIM people will never get interns at brokerage firms. They wont even get banks and will be lucky if they pour coffee in an accounting firm. ur 4.5k must be from gambling or ur parent's will

Judging from this post, this idiot must be from one of the local Uni who have not seen the real world yet. i have heard of a smu law student giving out flyers to residents at sentosa cove hoping to get sponsorship for a car which he cannot afford. This is based on a true story published on the news and unlike some stories fabricated by local uni grads about those "lucky" sim grads pouring coffee in accounting firms and sucking dicks to get high paid jobs. Can't imagine our so called "elites" in local uni are writing dumb posts on the forums as seen from the above example. What a worrying sign for singapore's future. Very soon foreign talents from China India Philippines and Indonesia will be flooding our job market, save your own ass first!!!!

Hi everybody, i am intending to take up uol econs & finances part time studies this year.
Read alot of comments about the importance of the experience however
I am wondering if a diploma holder from other field get into financial sector?

Currently taking a short break from my ord and will be looking for a job soon.
Just not sure what type of jobs i can be looking for considering i have totally no relevant background to finance stuff.

Originally Posted by Unregistered

Hi everybody, i am intending to take up uol econs & finances part time studies this year.
Read alot of comments about the importance of the experience however
I am wondering if a diploma holder from other field get into financial sector?

Currently taking a short break from my ord and will be looking for a job soon.
Just not sure what type of jobs i can be looking for considering i have totally no relevant background to finance stuff.

just do sales of financial product lor, like insurance, credit card, general credit & loans etc.

if u really want to join proper banks MAP, MO or FO then dun waste time on PT private degrees, even FCH from the local uni find it hard to get in.

first time checking out this thread, can't stop laughing at those non-uol students coming here to bash sim people. These people should be glad that they live in the internet era, at least there's an avenue for them to rant and make themselves feel better

wow @ some of the bashing responses haha. I must be 1 of the outlier cases drawing high 4s with a non-sales role in a bank.

I must've sucked lotsa **** to get it, right?

Its been about 1.5yrs since i graduated from uol and started working. i've seen my fair share of capable individuals holding pte degs / local u and vice versa.

My honest opinion - local u peeps are generally more forward looking and able to perform in what they're suppose to do. In comparison, fresh pte deg holders r generally more... lacklustre in terms of work, but very good at dept parties, gatherings, etc.

Individual mindset and attitude plays a huge part. "street-smartness" can get you a bit further, but still largely you need to have what it takes for ppl to b convinced.

If you guys wana level the playing field, then start moving yr ass and make it happen. don't ask how and where, its your bloody life no one is obliged to help u at all.

Wow, I had no idea UOL degrees were so frowned upon. A little history about my career:

I ORDed in 2008. I have a diploma in mechanical engineering from a local poly. I learned very early in poly that engineering was not for me, so I enrolled in UOL Bsc. banking and finance part-time, hoping that I could eventually land a well paying banking job. In my first year, I was working odd admin jobs here and there and getting paid like $7/hr.

In my 2nd year, I got myself a non-sales job with a certain foreign bank. I remember my basic pay was $1.8k then. With allowances it was around $2.2k.

As a consequence of bad time management, I graduated with 3rd class honours. I thought I could juggle work and school, but hell was I wrong. Despite my lousy grading, a month or 2 after graduation, I landed a job with a foreign bank and was drawing just under $4k. I guessed it helped that I had good references from my previous jobs.

A year in, I was tired of the drudgery and office politics, and quit. I've had it with banking. I left to found a tech startup with some friends. We were young, ambitious, and hungry. The drive wasn't enough to offset the inexperience though. Just 2 years later, we were out of business. When the storm blew over, I had less than $1,000 in my bank account.

However, during my startup years, I had established a good network of business owners. A few phone calls away, and I was back in the game, running my new consulting business. Yes, I had failed at my startup, but the skill sets and experience I had acquired made me invaluable to other business owners.

Fast forward to today. I consider it a bad month when I rake in $10,000 or less a month. In a good month, I have made $30,000 to $40,000. Who would have thought that I would have this kind of earning power at 29 years old? Certainly not me. If you see me on the streets, you would never have guessed I'm capable of that. I drive a cheap Japanese car, fully paid up. I have few expensive possessions and I don't eat in fancy restaurants.

Don't limit your career choices. It doesn't mean you have to work in an bank just because you have a degree in banking. It might sound cliched, but life truly is like a box of chocolates - you never know what you're gonna get.

If you are young, forget about the mere pittance of a salary you will get at this stage. Focus on learning and acquiring skills. Live below your means, and yet be generous to others. Treat everyone with sincerity and respect, even those you hate.

When you have acquired the right skill sets, don't worry about getting jobs. The jobs will come to you. Maybe you won't even want to climb the corporate ladder anymore. Maybe you'd want to own the corporate ladder and have others climb it.

- A UOL graduate

This whole thread is like a ding-dong between pro and anti SIM grads. A wave of response one after another condemining SIM UOL followed by another wave one after another of supposed SIM grads who claim to have made it big with fantastic career. Sometimes I wonder if its just 1 or 2 person talking to each other.