My plan for breaking into finance sector - Page 3 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




My plan for breaking into finance sector

Reply
 
Thread Tools
  #21 (permalink)  
Old 01-03-2012, 09:16 AM
Senior Member
 
Join Date: Feb 2010
Posts: 67
alwaysnforever is on a distinguished road
Default

thanks for the advice, some are useful, others not so much.

I will still take the gmat and prepare to apply to a masters programme, while starting to cast my networking net in the interim.

Reply With Quote
  #22 (permalink)  
Old 01-03-2012, 09:51 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by alwaysnforever View Post
thanks for the advice, some are useful, others not so much.

I will still take the gmat and prepare to apply to a masters programme, while starting to cast my networking net in the interim.
Sometimes I dun understand why people even bother to ask for advice here…

Ask already so many people advise against wasting time & pay money for a useless local Masters and yet TS still insist on his own way.

Reply With Quote
  #23 (permalink)  
Old 01-03-2012, 09:53 AM
Senior Member
 
Join Date: Feb 2010
Posts: 67
alwaysnforever is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Sometimes I dun understand why people even bother to ask for advice here…

Ask already so many people advise against wasting time & pay money for a useless local Masters and yet TS still insist on his own way.
I am not hell bent on a local masters, I didn't say take a local masters in my last post... I am taking the gmat first before deciding on the type of masters I will take.

Reply With Quote
  #24 (permalink)  
Old 01-03-2012, 10:04 AM
Super Member
 
Join Date: May 2011
Posts: 168
Anonymous is on a distinguished road
Default

If you want to do the course in applied finance from smu, you should at least get in touch with the alumni to find out what kind of jobs they landed upon graduation. I still think at the minimum MBA, if not overseas, insead. It is ex but worth the $.

You don't want to make a half hearted attempt to leave service and end up doing some sucky work. Because of the baggage you carry being from the public sector, employers are less inclined to consider you and that's what the overseas MBA brand name is for, to help you overcome this obstacle in some cases.

Last edited by Anonymous; 01-03-2012 at 10:08 AM.
Reply With Quote
  #25 (permalink)  
Old 01-03-2012, 10:08 AM
Unregistered
Guest
 
Posts: n/a
Default

He is just here to seek confirmation irregardless of what people will say. Years ago many experienced people say the same thing like Anonymous and QXP, but at that time my fantasy of being a big time banker closing multi billion dollar deals was just too strong

Those of us in the industry all know a 30 yr old public servant with a locally purchased finance Masters from SMU no chance for FO, but then if he want to be stubborn in the end waste money and derail his career is his own problem…
Reply With Quote
  #26 (permalink)  
Old 01-03-2012, 10:12 AM
Unregistered
Guest
 
Posts: n/a
Default

taking the masters locally is fine if you want to go into a bank and are not choosy when it comes to roles, but if you want to go into research or portfolio management associate programmes, be prepared to go up against mba students returning from top schools.
Reply With Quote

  #27 (permalink)  
Old 01-03-2012, 10:27 AM
Senior Member
 
Join Date: Feb 2010
Posts: 67
alwaysnforever is on a distinguished road
Default

Quote:
Originally Posted by Anonymous View Post
If you want to do the course in applied finance from smu, you should at least get in touch with the alumni to find out what kind of jobs they landed upon graduation. I still think at the minimum MBA, if not overseas, insead. It is ex but worth the $.

You don't want to make a half hearted attempt to leave service and end up doing some sucky work. Because of the baggage you carry being from the public sector, employers are less inclined to consider you and that's what the overseas MBA brand name is for, to help you overcome this obstacle in some cases.
The insead campus in Singapore is one of the places I am considering.
Reply With Quote
  #28 (permalink)  
Old 01-03-2012, 10:45 AM
QXP
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Anonymous View Post
If you want to do the course in applied finance from smu, you should at least get in touch with the alumni to find out what kind of jobs they landed upon graduation. I still think at the minimum MBA, if not overseas, insead. It is ex but worth the $.

You don't want to make a half hearted attempt to leave service and end up doing some sucky work. Because of the baggage you carry being from the public sector, employers are less inclined to consider you and that's what the overseas MBA brand name is for, to help you overcome this obstacle in some cases.
I am honestly very doubtful that Insead will accept his application even if he can afford to pay the exhorbitant school fees. From the looks of things he’s likely to only have a few years of experience in a junior executive role in the public sector, I have seen more experienced and credible applicants turned down by them.

I sense you are from the FI industry yourself, so you will probably have reached the same conclusion as me that his perception of portfolio management is quite out of sync with reality. That to me is more critical then choosing schools and masters program.
Reply With Quote
  #29 (permalink)  
Old 01-03-2012, 11:01 AM
Unregistered
Guest
 
Posts: n/a
Default

TS, don't say Associate role, if you can get in as fresh grad analyst role can be considered very very lucky already for someone your age and background.

I just want to ask TS. Do you have any backup plans in case you cannot get the role you want?

Are you willing to take up a back office ops role?

Any other backup plans? Return to civil service?

All these are questions you need to ask yourself, especially for Insead, the education is not cheap.
Reply With Quote
  #30 (permalink)  
Old 01-03-2012, 02:03 PM
Senior Member
 
Join Date: Feb 2010
Posts: 67
alwaysnforever is on a distinguished road
Default

I have spoken to an analyst acquaintance who also recommended me to take cfa instead of the mba/msc if I am interested in solely equity research...
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Please advise on my career path plan seablue Income and Jobs 15 05-04-2020 11:37 AM
Private Sector vs Public Sector androidguy Income and Jobs 35 12-05-2017 11:38 AM
Seeking Advice For Jobs In Finance Sector jerrykoh82 Income and Jobs 60 29-10-2013 11:22 PM
Requesting Advice with Regards to Finance Sector EpicMonkey Income and Jobs 2 05-05-2011 12:29 PM
Finance or Engineering? momojojo Education and Personal Growth 7 21-07-2009 06:19 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
12,897 Replies, 4,279,043 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,846 Replies, 1,630,473 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,049 Replies, 1,126,424 Views
Earn your daiy Sgd5,000 from...
0 Replies, 2 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
350 Replies, 99,263 Views
GovTech ( 1 2 3... Last Page)
415 Replies, 291,715 Views
Compare civil service salary ( 1 2 3... Last Page)
12,255 Replies, 7,101,932 Views
Can I serve my notice and put my...
6 Replies, 16,078 Views
career dilemma in 30s ( 1 2 3)
25 Replies, 12,385 Views
Civil engineering pay
5 Replies, 1,571 Views
Engineer Pay ( 1 2 3... Last Page)
270 Replies, 112,785 Views
MOM(ACE) offers good career... ( 1 2 3)
22 Replies, 2,545 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,465 Replies, 4,242,062 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
46 Replies, 24,070 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
984 Replies, 706,285 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,037 Replies, 1,627,947 Views
Career as Teacher ( 1 2 3... Last Page)
3,809 Replies, 2,369,756 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,896 Replies, 2,409,514 Views
Unilever UFLP 2018 ( 1 2 3)
28 Replies, 13,146 Views
SCDF direct entry lieutenant
8 Replies, 4,483 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
322 Replies, 435,768 Views
Job Application with MOE... ( 1 2 3... Last Page)
313 Replies, 295,262 Views
HDB (under MND) ( 1 2 3... Last Page)
451 Replies, 355,702 Views
Sign On After 30? ( 1 2 3... Last Page)
52 Replies, 20,587 Views
Aircraft Maintenance License and... ( 1 2 3... Last Page)
663 Replies, 515,577 Views
SLA (Singapore Land Authority)
9 Replies, 2,570 Views
Best Primary Schools 2021 (by...
0 Replies, 106 Views
Our Children's Future in Singapore
6 Replies, 2,057 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:40 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2