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nobody want go engineering, everybody want get out engineering. |
I have to say I disagreed with you. You are only able to see near future but neglected the long term welfare of a nation.
Would you rather have your infrastructures built by engineers whose ability is doubtful? Are you prepared to accept the consequences of your house collapsing, your electronics exploding in your face etc.? I am not painting a rosy pictures for engineers wannabe. It is tough job. How impressive your education is ain't good enough. You must be humble and learn your trade. And like all trade, efforts do not guarantee success. 6 figures salary is in fact nothing in SGP. This I agree with you. But at late 30s, I am very sure I am at least on top of 80% of financial graduates of the same age. You kept emphasizing that financial industry is prepared to offer 6 figure for engineers to join them. But you never explain why. Every year, thousands of students graduated for financial industries to pick. Why the hell are they prepared to pay good money to engineering graduates, who know nuts about financial world? And that is why I mentioned that transition to other industry will never pose a problem for engineers. What you never share here is that financial sector is a hire and fire industry. And luck plays a very big part in your career. And the office politics involved in moving up. The very few good players, will probably have the best of the world during boom time. What about the many thousands who can't make it? Clerks? Admin? Or the many vice presidents who try to sell some financial products to the poor engineers? All trades arethe same. Only a handful move to the top. The rest linger around the remaining hierarchy levels. While I am not insisting you will make your riches in engineering, I am definite you will do no wrong in choosing engineering as your first degree. Btw, years of engineering had given me ability to foresee a bit of the future. The next wave of 'foreign talents' from India will be entering the financial sectors. From top to bottom, they will be replacing the 'better' paid. And not neglecting the 'foreign' talents from Philippines taking over the service sector of the financial industries. This has already happened in a local bank and many foreign banks based in SGP. Euro debt crisis is bracing to happen in second half of 2012 and spreading its full effect to Asia in 2013. What advices can the many local talented financial experts share? Print more money? That depreciates the wealth of a nation. Example is US of A. They have dug a hole so big only another war can save them. Blames merry go round? Ostrich mentality. Example is EU. After a year, the debt had grown and spread. The only solution left is writing off the debts, resulting in some major banks to collapse and let another crisis to reset the world back to equilibrium. A financial expert will understand what I will do in the second half of 2012 and whole of 2013. My friend, is the above foresight reason enough for investment banks to pay me 7 figures since I will be raking back billions for them? Unfortunately for me, I decided to use my hands to build a real useful world instead of plotting for another disaster to happen. And a 6 figure salary is really more than enough for me. In my perspective, I feel my lifestyle now rather extravagant and luxurious. And this is the very reason why I call my fellow engineers 'Gods'. Sorry, I neglected my humility. And plz don't put down bangalas. They contributed more to nation building than a lot of locals. Quote:
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>All trades arethe same. Only a handful move to the top.
in some trades, the median income, average income & annual increment are significantly higher than other trades. finance is tops. >hire and fire it's a fallacy. once in a while you read in the papers that RBS is retrenching 10,000 worldwide, but do you know that the semicon companies here have already fired more than that quietly? you said "all trades are the same". in similar vein, i say you risk being fired in all kinds of jobs, and i dare say the risk is in fact LOWER in finance. |
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Sinkie NUS Engineering Honour Grad reduced to scavengering in rubbish to survive - AsiaOne Forum. Your God is earng ZERO figures for 5 years alreay |
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In fact, certain Finance majors like accounting are shun on because of the perception that they are too rigid and unable to visualize the numbers as it relates to the deal. I’m probably not explaining myself very well here, but engineers who have made the switch can probably help out. Quote:
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Indian and Pinoy FTs taking over service jobs? Euro debt crisis coming and Asia will be affected? Seriously are you for real? This is considered engineer foresight? I think my bochap housewife mum reached the same conclusion as you did 6 months ago. Quote:
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Any advice for a undergrad who's graduating in 5 mths time?
I am studying EEE(Infocomm), and I am planning to go to telecomms/IT industry, but I heard that it's very hard to get a position nowadays.
Applied for DSTA and some other small companies that need web design, currently no reply yet. Apparently the telcos are not looking for engineers yet(I think they outsource to other countries, eg Starhub outsources to Huawei, i know cos worked in starhub b4 as an intern. I think the telcos only hire experienced, not entry grad. I would like to know the prospects for this industry. What kind of companies from this industry can I choose from the public and the private sector? |
giving more info myself:
for a 2nd lower honours sinkie will it be difficult to compete with abnn getting a job in this industry? |
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