career options: OCBC or MTI - 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




career options: OCBC or MTI

Reply
 
Thread Tools
  #1 (permalink)  
Old 24-02-2015, 02:39 PM
Junior Member
 
Join Date: Feb 2015
Posts: 1
young is on a distinguished road
Default career options: OCBC or MTI

Hi, I am a fresh graduate and have applied to OCBC Young Bankers Programme (Group Ops) and MTI. I got both offers but I believe this two options will give me very different lifestyle altogether. I am looking at the long term, and hopes to start out at a place where I can learn the most, even if I need to OT etc. But I think I also need my organization to provide equal opportunities to grow, and recognise my efforts.

Just wanna hear from you guys how should I go about making my decision. Anyone who happens to know more about either one of these organizations well, please feel free to comment

Reply With Quote
  #2 (permalink)  
Old 24-02-2015, 03:45 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by young View Post
Hi, I am a fresh graduate and have applied to OCBC Young Bankers Programme (Group Ops) and MTI. I got both offers but I believe this two options will give me very different lifestyle altogether. I am looking at the long term, and hopes to start out at a place where I can learn the most, even if I need to OT etc. But I think I also need my organization to provide equal opportunities to grow, and recognise my efforts.

Just wanna hear from you guys how should I go about making my decision. Anyone who happens to know more about either one of these organizations well, please feel free to comment
You seemed to have come to a conclusion internally, but just wish to validate your decision through people providing their insights. Essentially one offers more stability and transferable skills in the long term, while the other offers a faster pace of progression with huge revenue. Follow your heart and go for the bank.

Reply With Quote
  #3 (permalink)  
Old 24-02-2015, 04:35 PM
Sttea
Guest
 
Posts: n/a
Default

I believe you should know civil service well enough as so much info online. But just want to point out that I notice that some people have the mistaken impression that OCBC Young Bankers Program is a MAP, a.k.a management fast track.

Recruitment sales materials from OCBC imply that without explicitly saying it. Base on what I hear in the market, this is not true both in terms of pay and career progression. It is more of a stuctured program for the hiring of junior execs in the sense that they have the rotation and curriculum more planned out for a specific stream then going into a bank as a normal fresh hire which tends to be more uncertain and fluid (there are pros & cons for both avenues)

But in terms of pay and promotion prospect, it is not much different from an average degree guy that joins a bank as an Analyst or Associate. So just set your expectations accordingly, banks usually pays higher than average but expects much longer hours. But don't go in with the expectation that this is a special program that is going to bring you big bucks or make you a senior manager soon.

Reply With Quote
  #4 (permalink)  
Old 24-02-2015, 05:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by young View Post
Hi, I am a fresh graduate and have applied to OCBC Young Bankers Programme (Group Ops) and MTI. I got both offers but I believe this two options will give me very different lifestyle altogether. I am looking at the long term, and hopes to start out at a place where I can learn the most, even if I need to OT etc. But I think I also need my organization to provide equal opportunities to grow, and recognise my efforts.

Just wanna hear from you guys how should I go about making my decision. Anyone who happens to know more about either one of these organizations well, please feel free to comment
Hi, what is the pay for both jobs like? Also, what is the job scope for the position that you have in MTI? We won't be able to provide you with an accurate advice unless you provide us with more info.
Reply With Quote
  #5 (permalink)  
Old 24-02-2015, 05:32 PM
Unregistered
Guest
 
Posts: n/a
Default

I was in the same situation 2 years ago. Went through the whole interview process, even had a webcon with 2 SVP etc. and when HR call me say want to offer so excited that my hands were shaking. I was expecting ard 4.5k +/- 200 since some my peers who get MA offers are drawing that, but when the girl tell me some number (can’t remember) that was way below I was so disappointed that I already make up my mind that instant to reject, but just politely tell her I need to think through.

Quote:
Originally Posted by Sttea View Post
I believe you should know civil service well enough as so much info online. But just want to point out that I notice that some people have the mistaken impression that OCBC Young Bankers Program is a MAP, a.k.a management fast track.

Recruitment sales materials from OCBC imply that without explicitly saying it. Base on what I hear in the market, this is not true both in terms of pay and career progression. It is more of a stuctured program for the hiring of junior execs in the sense that they have the rotation and curriculum more planned out for a specific stream then going into a bank as a normal fresh hire which tends to be more uncertain and fluid (there are pros & cons for both avenues)

But in terms of pay and promotion prospect, it is not much different from an average degree guy that joins a bank as an Analyst or Associate. So just set your expectations accordingly, banks usually pays higher than average but expects much longer hours. But don't go in with the expectation that this is a special program that is going to bring you big bucks or make you a senior manager soon.
Reply With Quote
  #6 (permalink)  
Old 24-02-2015, 08:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Sttea View Post
I believe you should know civil service well enough as so much info online. But just want to point out that I notice that some people have the mistaken impression that OCBC Young Bankers Program is a MAP, a.k.a management fast track.

Recruitment sales materials from OCBC imply that without explicitly saying it. Base on what I hear in the market, this is not true both in terms of pay and career progression. It is more of a stuctured program for the hiring of junior execs in the sense that they have the rotation and curriculum more planned out for a specific stream then going into a bank as a normal fresh hire which tends to be more uncertain and fluid (there are pros & cons for both avenues)

But in terms of pay and promotion prospect, it is not much different from an average degree guy that joins a bank as an Analyst or Associate. So just set your expectations accordingly, banks usually pays higher than average but expects much longer hours. But don't go in with the expectation that this is a special program that is going to bring you big bucks or make you a senior manager soon.
sour grapes cannot get inside talk rot…. Go back to improve the cv and get a proper job.
Reply With Quote

  #7 (permalink)  
Old 24-02-2015, 09:50 PM
Unregistered
Guest
 
Posts: n/a
Default

MTI officers work long hours. So in terms of work-life balance, I'm not sure whether ocbc or MTI is worse.

If you are thinking about long-term, I think civil service offers more stability. However, the upside is limited.

Will you be joining MTI as an economist? This career path may be something worth trying because of the specialised skill sets and higher pay (compared to other civil service schemes).
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
career options for a level grad purplesky Income and Jobs 9 08-04-2013 06:55 PM
Eye Surgeon Lost 15k USD in Options Trading Salary.sg Investments and Net Worth 9 20-02-2012 01:18 PM
Meaningful career options blissybelle Income and Jobs 6 09-09-2011 11:51 AM
What are the job options for a biology graduate in Singapore? miwashi Income and Jobs 12 30-05-2011 08:33 PM
Options for poorer non-elite students Salary.sg Income and Jobs 8 22-06-2009 04:06 PM

» 30 Recent Threads
How is life as a doctor in... ( 1 2 3... Last Page)
1,006 Replies, 802,276 Views
Compare civil service salary ( 1 2 3... Last Page)
8,913 Replies, 5,119,688 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,854 Replies, 1,723,564 Views
SPF (Direct-Entry Inspector)
8 Replies, 740 Views
ST Electronics ( 1 2 3... Last Page)
371 Replies, 165,510 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
2,547 Replies, 1,213,211 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
609 Replies, 306,382 Views
GovTech career grade ( 1 2 3... Last Page)
83 Replies, 104,551 Views
aerospace engineer (rolls royce) ( 1 2 3... Last Page)
36 Replies, 57,128 Views
is it crazy to give up a 100k P.A... ( 1 2 3)
25 Replies, 20,341 Views
Shell TDP ( 1 2 3... Last Page)
142 Replies, 42,267 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
148 Replies, 50,131 Views
Career as Teacher ( 1 2 3... Last Page)
2,008 Replies, 1,358,050 Views
Schneider Electric - EGP (Grad... ( 1 2 3... Last Page)
33 Replies, 12,577 Views
Job offer from Apple ( 1 2 3... Last Page)
290 Replies, 48,328 Views
Singtel Management Associate... ( 1 2 3... Last Page)
114 Replies, 74,921 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,688 Replies, 478,281 Views
Constituency Manager (People... ( 1 2 3... Last Page)
810 Replies, 411,376 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,138 Replies, 195,323 Views
Career advice
0 Replies, 120 Views
UOB Management Associate Program ( 1 2 3... Last Page)
238 Replies, 148,580 Views
anyone working at NCS ? ( 1 2 3... Last Page)
333 Replies, 254,197 Views
OCBC Young Bankers Programme ( 1 2 3... Last Page)
95 Replies, 70,189 Views
Govtech bonus ( 1 2 3)
27 Replies, 11,430 Views
Civil/Public Sector -... ( 1 2 3... Last Page)
384 Replies, 193,994 Views
Lawyer Salary ( 1 2 3... Last Page)
4,843 Replies, 2,067,225 Views
Monetary Authority of Singapore...
1 Replies, 342 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,368 Replies, 532,891 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
36 Replies, 41,966 Views
NCS Salary range and Promotion...
2 Replies, 590 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:26 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2