Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > Advice in career choice..

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




Salary.sg Forums

Thread: Advice in career choice.. Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
24-12-2019 11:15 AM
Unregistered Anyway there is no such thing call "cannot change path". I was an accounting grad too, started off in big 4 and 10 years down the road, I am doing something that is completely different from accounting and audit. Your personal interest and priorities change with years. What you want to do when in your 20s will be different from what you want when in your 30s, etc. Just follow your heart and do what you want to do. If not, 20 years later when you look back, you start regretting why you did not try out what you wanted to do when you were younger.

Somemore the economy and industry is always changing, and is now changing faster. How we do things 3 years ago is already different from how we do things now. Even if your desire is to stay in the same job for 10, 20 years, the technology and economy may force you to change path and focus faster than you expect.
23-12-2019 06:29 PM
chancellor Audit path is really tough... Long hours, dry work, take a long time to climb up the ladder if you are in a big 4 firm.. if you're in a SME firm, may not have much climbing to do except look forward to pay increments..

It really depends on your personality. do you prefer to work with numbers or work with people? RM needs to work with, woo and service customers.. It's really a service line kinda role.

Would you enjoy that? If so, go and give it a go. like the other guy said, sales is a must try career as you can learn alot.
24-04-2019 01:41 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You can consider joining MFA, Functional and Corporate track. Starting pay same as those scholar political track officers if you hold same qualifications. Anyway now they lack officers with number sense because hired too many humanities type. Get to go on posting and earn expat allowance. But hours can be long as many of my friends are. Competition is stiff but never try never know
How are their work/experience there, as compared to private sector or big four? I heard they will only get posted overseas in senior years and have to be stationed for a certain number of years overseas?
13-04-2019 07:23 PM
Unregistered
Quote:
Originally Posted by threadstarter View Post
Sales & Trading would require some really good credentials like first class honours and many other achievements. Competition will be really intense and i'm not sure if I can even make the cut.

Apart from retail sales, what are other options?
You are correct in saying that competition is fierce for S&T roles. An impressive academic resume helps get you noticed but it is not a requirement.

To get closer to your objective of a market-related job, the conventional way is to try to squeeze yourself into one of the analyst programs of a bank or asset manager for a sell-side or buy-side entry level position. Less trafficked paths would be applying to be a trading assistant for a trading house or hedge fund. Junior sales roles is all about being lucky enough to be called up for the interview, and then impressing the hell out of your recruiting manager with your drive, energy and knowledge.
12-04-2019 10:15 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
You can still change path later.

I started off doing a non-sales role. Moved on into a sales role. Now i'm back in a non-sales role. You just have to know how to market yourself and identify how your current skill set is relevant to the new role.

Also, think about why do you want to be in a sales role? Is it purely because of compensation? If so, you might want to reconsider. It's not easy in sales, effort does not necessary translate to results. And year on year, your target gets higher. Only in your early years, starting out in sales, you are drawing alot more than you peers. But eventually, as you move up the sales ladder, you are probably drawing just as much as your peers in non-sales role. Your peers will be chilling in their managerial roles, and you will be in a stressful environment slogging to hit your numbers.

If you want to do sales, because you want to learn relationship management, time management, handling stress and work in a face pace environment to grow yourself. You are on the right track. Go for it!

I would say sales is a must try career for everyone. And try it early, so that you can move back to a non-sales role without much impact on your salary, if you decide you do not like it (which is what I notice in most ppl, we all just get burn out in sales).

I started off with non-sales role and it does get mundane over time. Job stability is also questionable as companies outsource or hire cheaper n younger staff.
I am contemplating a switch to sales / client-facing roles. Not sure if I am in time to change path as it’s considered a mid-career switch and I don’t have contacts or connections. How to even get started? I would like to do something that can last for the next 10+ years.
What’s yr advice for someone considering a career switch?
12-04-2019 02:43 AM
threadstarter Sales & Trading would require some really good credentials like first class honours and many other achievements. Competition will be really intense and i'm not sure if I can even make the cut.

Apart from retail sales, what are other options?
12-04-2019 02:24 AM
threadstarter
Quote:
Originally Posted by Unregistered View Post
Let me offer an alternative point of view. I have met many people that have an accountancy degree in my line of work - they all started in audit but all decided that they had enough and got the hell out (of audit). While it is true that audit partners make $$$, it is a damn hard slog to get there. From the looks of it, those people I know decided it's not worth the pain. And for the better, I would say, as these folks are much better off doing what they do now and more successful, in my opinion. Not to mention making more $$$.

On sales, if you are really interested in markets and can make the cut, shoot for institutional sales on the IB side. The $$$ is waaaaayyyyy better and work more interesting. Don't waste your time with retail sales/RM positions (the former poster is right in saying that it is just product pushing with no real insight and have little to do with markets). And don't think of crossing over to insti from there - it does not happen.
Thank you for your reply. I am definitely interested in the markets but I am unsure how institutional sales works. Could you share more?
12-04-2019 12:41 AM
Unregistered You can still change path later.

I started off doing a non-sales role. Moved on into a sales role. Now i'm back in a non-sales role. You just have to know how to market yourself and identify how your current skill set is relevant to the new role.

Also, think about why do you want to be in a sales role? Is it purely because of compensation? If so, you might want to reconsider. It's not easy in sales, effort does not necessary translate to results. And year on year, your target gets higher. Only in your early years, starting out in sales, you are drawing alot more than you peers. But eventually, as you move up the sales ladder, you are probably drawing just as much as your peers in non-sales role. Your peers will be chilling in their managerial roles, and you will be in a stressful environment slogging to hit your numbers.

If you want to do sales, because you want to learn relationship management, time management, handling stress and work in a face pace environment to grow yourself. You are on the right track. Go for it!

I would say sales is a must try career for everyone. And try it early, so that you can move back to a non-sales role without much impact on your salary, if you decide you do not like it (which is what I notice in most ppl, we all just get burn out in sales).
10-04-2019 11:04 PM
Unregistered You need to ask yourself what do you like to do, your strengths and weaknesses. Everyone is unique and one man's meat is another man's poison. After working for some years, I realised that those people who are doing well in their career are always those who do a job that they are sort of good in. Those not doing well are usually in jobs they are not good in.
10-04-2019 01:45 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
If you do well in sales and with some luck and connection, one can earn a lot in sales just within 3-4 years. You will continue earning but it tires and burns people out easily. Cuz need to talk to many people and yet there are uncertainty. U may put in effort yet no sales. It is really hard to say. On the other hand, audit and accounts starting pay are low. In fact their increment also not high and will need to work long hours for 3-4 yrs, usually no OT pay. But after that, i wouldn't say your pay will jump but your career will be stable. Cuz easier to find jobs.
^ MLM (Insurance, property, Pyramid) agent spotted.
This thread has more than 10 replies. Click here to review the whole thread.

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




All times are GMT +8. The time now is 07:16 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2