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SIM-UOL fresh grad starting pay

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  #591 (permalink)  
Old 24-10-2013, 08:07 PM
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hi all, just graduated from uol e&f last year, FCH.

my salary progression is -

$1.6k (worked as contract bank ops during my final year of pt studies in 2012)
$2.4k, June12- oct12(fixed term contract with a foreign bank,mainly in domestic cons banking)
$2.7k, nov12 -sep13 ( perm role with another foreign bank,mainly in APAC markets and corp banking,fugging underpaid!!!)
$3.5k, oct13- now (perm with another foreign bank, same role as before)

So until now I only got barely 1year exp. But hey, when u got some experience under your belt, job search becomes relatively easier when i just finished my exams.
Probably will hang around for a year or 2 after getting my professional cert, by then my pay should be somewhere near high 3s and I'll hop again for $4.2~$4.5k.

Unlike some of the super lucky guys here who've gotten high 3s or 4s as their starting pay, i went on to take the hard route. When i finished my exams last year, i had a $3k offer from a fund accting firm (located in changi biz park,i tink many know which 1 lah haha). But i rejected and took on a $2.4k contract role doing something i like. Reason ? Experience lor. If u dont wanna go out and grind for some experience, nobody will take you seriously. It's like a chicken and egg problem. You want a banking job? But you got no experience. Banks want to hire ppl for junior positions but they want ppl to have experience. Anyway, pls dont think having a FCH is a very big deal. I've worked with ppl graduated from local u with top results and some from reputable overseas U. None of them did yaya about their academic credentials. When u step out to work, its all about KPIs, appraisals, who is eh gan and who is buay gan.

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  #592 (permalink)  
Old 22-01-2014, 09:34 AM
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anyone graduating in 2014 with UOL FCH, managed to get any interviews with big 4 yet?



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  #593 (permalink)  
Old 22-01-2014, 10:21 AM
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Quote:
Originally Posted by Unregistered View Post
hi all, just graduated from uol e&f last year, FCH.

my salary progression is -

$1.6k (worked as contract bank ops during my final year of pt studies in 2012)
$2.4k, June12- oct12(fixed term contract with a foreign bank,mainly in domestic cons banking)
$2.7k, nov12 -sep13 ( perm role with another foreign bank,mainly in APAC markets and corp banking,fugging underpaid!!!)
$3.5k, oct13- now (perm with another foreign bank, same role as before)

So until now I only got barely 1year exp. But hey, when u got some experience under your belt, job search becomes relatively easier when i just finished my exams.
Probably will hang around for a year or 2 after getting my professional cert, by then my pay should be somewhere near high 3s and I'll hop again for $4.2~$4.5k.
I had quite similar advancements when i graduated in 2004 too lol! UOL-SIM 2nd class lowers nia.

$1.8k - $2k Jan05-Sep06 (6 mths contract with foreign bk doing ops, convert to perm +200)
$2.2K Sep 06 (internal transfer to middle office, underpaid lol)
$4k Jun 07- Sep 09 (move to jap bank front office)
$4.4k - Oct 09 - Aug 10 (move to local bank, lousy increment)
$5.4k - Sep 10 - May 12 (small foreign bank branch)
$6k - Jun 12 - Mar 13 (back to another jap bank)
$6.3k - Apr 13 (another foreign bank branch, prev jap bank like ****).

Not fantastic pay but comfortable and stable for the amount of work done. Sometimes no work to do in office and can leave on the dot at 6pm good for spending more time with family and children.

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  #594 (permalink)  
Old 23-01-2014, 01:57 AM
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Originally Posted by tinkerbell View Post
anyone graduating in 2014 with UOL FCH, managed to get any interviews with big 4 yet?
SIM-UOL AnF. Will be graduating with a FCH. I got offered a position in Deloitte. I did an internship, actually not much of an internship but a temp job actually during the holidays last year. I performed pretty well and they offered me a permanent position. None of my UOL friends have got anything yet though, hopefully they will soon. I was offered because the company is trying to further expand into Indonesia and since I was from there when I was younger and spoke the language, they though I'd be valuable to the company.

But I had to turn them down because I'm looking to take my masters and completing my ACCA first. I started taking my ACCA when I started school and will be completing it soon too.
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  #595 (permalink)  
Old 23-01-2014, 10:46 AM
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Originally Posted by Unregistered View Post
SIM-UOL AnF. Will be graduating with a FCH. I got offered a position in Deloitte. I did an internship, actually not much of an internship but a temp job actually during the holidays last year. I performed pretty well and they offered me a permanent position. None of my UOL friends have got anything yet though, hopefully they will soon. I was offered because the company is trying to further expand into Indonesia and since I was from there when I was younger and spoke the language, they though I'd be valuable to the company.

But I had to turn them down because I'm looking to take my masters and completing my ACCA first. I started taking my ACCA when I started school and will be completing it soon too.
not a wise move, turning down Big4.. a masters will not get you anywhere if you have no work experience.

of course if you chose this path cos you are a rich indon kid who wants to study as long as possible, then enjoy!
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  #596 (permalink)  
Old 23-01-2014, 02:02 PM
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not a wise move, turning down Big4.. a masters will not get you anywhere if you have no work experience.

of course if you chose this path cos you are a rich indon kid who wants to study as long as possible, then enjoy!
I agree totally. Always feel that a Masters won't get you anywhere unless it's an MBA from the likes of Stanford, Harvard or Wharton. Even then experience counts for alot. Would be wiser to start a job first before moving on for masters. That way you'll also know what graduate programme you wish to study after knowing your career move better with years of experience.


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  #597 (permalink)  
Old 23-01-2014, 04:50 PM
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Haha. I'm taking my masters because my parents are making me do it. They want me to take a masters from a more prestigious university. Its a matter of face la. When going visiting and all so that they can say their child is from a more reputable local university. I didn't want to turn down the big4 offer in the first place. But I hope that my contacts will still be there once I complete my masters. Hopefully still can get the job.
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  #598 (permalink)  
Old 01-02-2014, 12:32 PM
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Question Big 4

so anyone else offered a job by big 4? AnF FCH here, I applied 'two weeks ago for KPMG's advisory associate position. haven't heard from them. Just wondering what my chances are in hearing back from them? I do have 2 years relevant working experience, however I have not done an internship nor do I have connections in the big 4.
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  #599 (permalink)  
Old 01-02-2014, 01:54 PM
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Hello everyone. I am currently a SIM-UOL student and going to graduate next year (2015), provided that all goes well and I don't fail any module lol. Even though I am thinking a year ahead, I would like to ask how do you guys find jobs after graduation?Is it through job websites and newspapers?

What job positions can I look for after I graduated with a degree in Business from SIM-UOL?

Thanks so much in advance and sorry for the stupid questions.
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  #600 (permalink)  
Old 01-02-2014, 01:55 PM
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Quote:
Originally Posted by Unregistered View Post
so anyone else offered a job by big 4? AnF FCH here, I applied 'two weeks ago for KPMG's advisory associate position. haven't heard from them. Just wondering what my chances are in hearing back from them? I do have 2 years relevant working experience, however I have not done an internship nor do I have connections in the big 4.

higher chance if u apply for assurance....
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