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22-05-2016, 01:39 PM
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Quote:
Originally Posted by Unregistered
It's not all about cert..
If a Harvard grad rack in $100kpm as a trader while a private grad rack in $200k pm, who do you think the company will hire?
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What a silly reply! How to show his prowess if not given an opportunity.
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22-05-2016, 03:56 PM
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Quote:
Originally Posted by Unregistered
A good salesman is a good salesman.
His previous sales record from any salesjob will prove this easily,
Education is secondary in such cases.
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You're missing his point..
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22-05-2016, 10:24 PM
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Quote:
Originally Posted by Unregistered
You're missing his point..
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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
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22-05-2016, 11:36 PM
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I graduated from SIM-UOL 4 years ago, currently working in a well known MNC (not bank). It was hard when I first started out, but am thankful that I landed my current role. My advice to all SIM-UOL freshies is not to restrict yourself in your career options, be humble to learn and value add in the early stage of your career. Once you have the relevant experience/knowledge and good attitude, opportunities may just be opened up for you. Just sharing from my own experience.
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23-05-2016, 12:28 AM
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Anyone read recently in Straits Times invest section on Sunday? Featured a few local university students starting investment clubs and running portfolios. Would these activities help in securing a trading or investment banking job after graduation? Can such ECA be counted as experience similar to internship when applying for FO jobs?
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23-05-2016, 01:55 AM
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Quote:
Originally Posted by Unregistered
Anyone read recently in Straits Times invest section on Sunday? Featured a few local university students starting investment clubs and running portfolios. Would these activities help in securing a trading or investment banking job after graduation? Can such ECA be counted as experience similar to internship when applying for FO jobs?
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If you are seriously into trading why not borrow a sum of money from your parents or mortgage their property and start trading on your own? Who knows you might rack up hundred and millions of profit every month?
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23-05-2016, 11:53 AM
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Quote:
Originally Posted by Unregistered
My parents are willing to set aside up to 30k to invest in my trading if needed. My question is more whether this sort of thing can help if I have no relevant internship or experience?
My family is not rich and we do not have few million dollars just to throw around for trading... Intention is to get a trading or investment related job after graduation next year.
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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?
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23-05-2016, 12:20 PM
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Exactly it's not so easy to get good returns and if you're thinking of doing it by "luck", hahaha, good luck to you.
Anyway, the big BB banks will ask about your trading strategies when you interview with them. There is no smoking or bluffing them-- if you're just lucky 1-2 months, they will most likely know as well and catch you on it.
Get real k, most people aren't suited to be traders. You need to be very smart and technical.
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