Our Poll Results: 45% Fresh Graduates Jobless

Originally Posted by Unregistered

Don't bluff la I worked for 2 years under corporate finance from 2018 batch salary now also not 5k... What nonsense la. You calculated bonus and cpf employer and employer is it.

haha maybe you just suck? you sure you in scb or big 4 corp fin?

Originally Posted by Unregistered

I also know a fresh grad at scb starting 5k+ so its not bluff leh

5k + is fch technical roles ..

Originally Posted by Unregistered

5k + is fch technical roles ..

scb and hsbc on the decline liao. hsbc even wanted to do massive retrenchment exercise before covid. both cut dividend payouts and got hammered by their retail investors. best to join the bulge bracket banks like citi, boa, jp.

Originally Posted by Unregistered

scb and hsbc on the decline liao. hsbc even wanted to do massive retrenchment exercise before covid. both cut dividend payouts and got hammered by their retail investors. best to join the bulge bracket banks like citi, boa, jp.

their dividends got blocked by BoE. they wanted to pay and could afford to pay.

Originally Posted by lewis.tee88

Went thru some up and down in my career. after sometime, i start to explore into real estate. is not a easy job, but got stable income.

don't take those "publish" income from those top producer. not everyone can hit that. but can make enough income

stable income? can explain how do you guys earn money even through dry spells? I'm under the impression that no estate sales = no income at all. Didn't know there was a base.

[sharon.yeo]

Originally Posted by Unregistered

many of my peers were unable to find a job. but I was lucky to have accepted a role in the
stanchart graduate programme. the pay was 5.8k. but thanks to covid they rescinded my offer and now most of the bank vacancies are closed. what other relevant jobs are there for me now? i'm worried if I do something unrelated, it'll be too difficult to rejoin banking when the virus subsides

If you can't find any full-time roles in banking, and are very keen to stay in the industry, try and see if you can find a post-graduation internship in banking - even if it isn't the top tier banks. With companies cutting their full-time headcount / hiring, some companies are relying on interns to support their manpower needs.

Even though you'll be drawing an intern salary, you'll have relevant experiences to 'sell' to your next employer and still able to develop relevant skills.

Originally Posted by sharon.yeo

If you can't find any full-time roles in banking, and are very keen to stay in the industry, try and see if you can find a post-graduation internship in banking - even if it isn't the top tier banks. With companies cutting their full-time headcount / hiring, some companies are relying on interns to support their manpower needs.

Even though you'll be drawing an intern salary, you'll have relevant experiences to 'sell' to your next employer and still able to develop relevant skills.

Hey, thanks for the advice. I'm not the person u are replying to but in a similar situation. Am a FCH biz grad (not that it matters but just wanted to highlight my situation) from local U(one of the NUS/NTU/SMU). am keen to be in the banking industry, and am looking for roles inside but couldnt find any. need some serious advice on what to do lol. have tried looking for internships but most internships are looking for penultimate students

[sharon.yeo]

Originally Posted by Unregistered

Hey, thanks for the advice. I'm not the person u are replying to but in a similar situation. Am a FCH biz grad (not that it matters but just wanted to highlight my situation) from local U(one of the NUS/NTU/SMU). am keen to be in the banking industry, and am looking for roles inside but couldnt find any. need some serious advice on what to do lol. have tried looking for internships but most internships are looking for penultimate students

A mentor once shared this with me:

If you can't find a job in the industry you think you want to be in, think about what it is about the industry (or specific job) that you enjoy. Is it the salary? How analytical the job is? The chance to work directly with clients?

Then try to see if you can identify whether there is another industry / job that can offer you similar traits. And whether the skillsets you've developed can be transferred over or 'sold' to employers in this other industry. Start looking outside and hunting for jobs that may match what you're looking for - that may not be in the original industry you're looking at.

Hope this helps you think about your situation!

Originally Posted by sharon.yeo

A mentor once shared this with me:

If you can't find a job in the industry you think you want to be in, think about what it is about the industry (or specific job) that you enjoy. Is it the salary? How analytical the job is? The chance to work directly with clients?

Then try to see if you can identify whether there is another industry / job that can offer you similar traits. And whether the skillsets you've developed can be transferred over or 'sold' to employers in this other industry. Start looking outside and hunting for jobs that may match what you're looking for - that may not be in the original industry you're looking at.

Hope this helps you think about your situation!

great advice, thanks for sharing!!!

just to add on—your first job isn't necessarily your job for life. you can always try applying to banking if you're really passionate about the industry and after this covid tides over.