| 28-03-2012 06:45 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Maybe the interviewer was his friend / relative / same village. Come on, we are talking about Private Sector!
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no such luck there unfortunately haha.  he had to go through the usual large group case study discussion and scenario exercises.
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| 28-03-2012 05:00 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
i don't think it's impossible for him to enter banking from the civil/public sector.
i personally know someone who was a scholar on an overseas scholarship and managed to be hired by a bank without relevant qualifications (bachelor's and masters was in sci) and experience and the bank even gave him an increment from his last drawn basic.
can anyone enlighten whether it has to do with personality or aptitude of the person as portrayed to the interviewers? or could it be the possible calibre that interviewers see in a scholar?
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Maybe the interviewer was his friend / relative / same village. Come on, we are talking about Private Sector!
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| 28-03-2012 04:51 PM |
| Unregistered |
Dun do IT banking if you are not Indian/Pinoy
Quote:
Originally Posted by Unregistered
how's the job prospect of a person with the following credentials who wants to work in finance industry?
1. passed CFA 3 levels in 18 mths (the shortest possible time)
2. have a double degree from local univ, one of which is finance, 1st class honour
3. have a masters in IT from a top-notch US university, highest distinction
4. have worked in public sector for 3 years (non-finance related)
5. have done internship in a foreign IB during uni days, doing application development for front office
how difficult is it to get into (1) application development for front office (2) trading / sales (3) risk management (4) operation?
will it be easier to get a investment/finance related job in public sector e.g. MAS, GIC or Temasek first before moving into private sector?
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To answer to (1) app dev => IT? Are you kidding? The IT Banking is for Indians and Pinoys only. With more than 90% of a typical banking IT department filled by them, there is
1. Very little chance to get in as your application is competing with thousands others in India and Phillipines.
2. Even if you got in, you have very little connections who would want to be in your support ring so you move no where in your career.
3. What makes you think app dev will not be outsourced to cheaper countries one day? In civil service, such thoughts of having your job outsourced was never in your mind right? Well,it is different in the pte sector. Job security is secondary, meeting the shareholders cost savings expectations are primary concern.
So, dun do IT in banking. It is not your oyster. Really. Rather, it is not Singaporeans' oysters. I can't say for the other job scopes in banks, but I witnessed the IT part myself.
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| 27-03-2012 09:21 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
how many yrs did he spend in government? 1 yr after grad can still be considered fresh grad.
3 yrs is not.
alot depends on luck. if u applied b4 2007, it would be much easy than now.
anyway, many ppl say rate my chances. some ppl r honest tell him cannot, some will say not impossible. blah blah blah. most impt is that person must go n apply himself then he will know the reality that awaits him.
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6 years in a stat board to serve bond. he joined the bank only recently.
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| 27-03-2012 01:24 AM |
| Unregistered |
calibre is calibre.. scholar is scholar.
please don't conflate the two.
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| 26-03-2012 09:57 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
i don't think it's impossible for him to enter banking from the civil/public sector.
i personally know someone who was a scholar on an overseas scholarship and managed to be hired by a bank without relevant qualifications (bachelor's and masters was in sci) and experience and the bank even gave him an increment from his last drawn basic.
can anyone enlighten whether it has to do with personality or aptitude of the person as portrayed to the interviewers? or could it be the possible calibre that interviewers see in a scholar?
|
how many yrs did he spend in government? 1 yr after grad can still be considered fresh grad.
3 yrs is not.
alot depends on luck. if u applied b4 2007, it would be much easy than now.
anyway, many ppl say rate my chances. some ppl r honest tell him cannot, some will say not impossible. blah blah blah. most impt is that person must go n apply himself then he will know the reality that awaits him.
|
| 26-03-2012 06:10 PM |
| Unregistered |
i don't think it's impossible for him to enter banking from the civil/public sector.
i personally know someone who was a scholar on an overseas scholarship and managed to be hired by a bank without relevant qualifications (bachelor's and masters was in sci) and experience and the bank even gave him an increment from his last drawn basic.
can anyone enlighten whether it has to do with personality or aptitude of the person as portrayed to the interviewers? or could it be the possible calibre that interviewers see in a scholar?
|
| 26-03-2012 05:02 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
how's the job prospect of a person with the following credentials who wants to work in finance industry?
1. passed CFA 3 levels in 18 mths (the shortest possible time)
2. have a double degree from local univ, one of which is finance, 1st class honour
3. have a masters in IT from a top-notch US university, highest distinction
4. have worked in public sector for 3 years (non-finance related)
5. have done internship in a foreign IB during uni days, doing application development for front office
how difficult is it to get into (1) application development for front office (2) trading / sales (3) risk management (4) operation?
will it be easier to get a investment/finance related job in public sector e.g. MAS, GIC or Temasek first before moving into private sector?
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have you tried applying for finance jobs?
Typically to break in, you have to be a fresh grad to join the fresh grad program. u sir have passed that mark already so you don't meet this criteria.
so lets look at experienced hire. experienced hire req u to have specialised exp for the last few yrs. again, u dun meet this criteria.
hence nobody cares whether u double honors or masters. u missed the boat.
u can only take a masters again to join in as grad program or u can try to network urself in.
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| 26-03-2012 02:26 PM |
| alwaysnforever |
Quote:
Originally Posted by Unregistered
Not doubting your motivation behind a switch towards investment research / fund management.
Can't you at least pick a better timing to do so? At this stage in the cycle, your chance of getting in is #DIV/0!. Take it from someone who is in the industry.
And as for the civil service guy who posted his stellar "resume". Can't help but get the feeling you are pretty proud about your achievements. Perhaps a PSC scholar here?
Let me just burst your bubble that there all tons of candidates with stellar resumes such as yours and better. From a person within the industry who was an interview candidate once and interviewer many times- It is a number 1 turn-off to interview a candidate who thinks too highly about himself. Avoid trumpet blowing your "achievements" if you wish to even get through the first round.
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unfortunately I do not have the luxury of time so I shall press on...
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| 26-03-2012 01:57 PM |
| Unregistered |
Not doubting your motivation behind a switch towards investment research / fund management.
Can't you at least pick a better timing to do so? At this stage in the cycle, your chance of getting in is #DIV/0!. Take it from someone who is in the industry.
And as for the civil service guy who posted his stellar "resume". Can't help but get the feeling you are pretty proud about your achievements. Perhaps a PSC scholar here?
Let me just burst your bubble that there all tons of candidates with stellar resumes such as yours and better. From a person within the industry who was an interview candidate once and interviewer many times- It is a number 1 turn-off to interview a candidate who thinks too highly about himself. Avoid trumpet blowing your "achievements" if you wish to even get through the first round.
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