| 24-06-2011 06:04 PM |
| dellysunny |
Insurance industry is not as easy as you think. You try then you will know. Engineering is not as bad as you think either.
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| 24-06-2011 04:20 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Hey man, I totally agree with you, I dont mean to sound sarcastic in my earlier reply just that the way I look at youngster these days and first thing that came to their mind is upon stepping out of their school comfort zone is I want be the next Warren Buffet, Paulson & Co fund manager, Carlye or KKR.
I mean get a life, passion? Whats that? Many ppl have passion in the finance industry and I dont see many of them end up being pte bankies or wat. In fact I see a lot of them fighting to survive the massive swamp of FT from India, PH as the BB thought about where to locate their operations to next to cut down costs.
At least, for those wannabe bankies, go library and borrow some books to understand whats the basic terms like bid, spread, how SIBOR rates affect your mortgage loan rate, whats carry trades etc before you talk about being a bankie.
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Haha, you old uncle har? We were all young once tio boh? It's like a normal cycle - when fresh from school all of us think we will be "THE ONE" to make it big out of thousands of others. Then get more jaded as years pass, our ambition also slowly downgrade from CEO to eventually anything just to keep current job security.
Almost inevitably, we suffer some setback in later 30s or early 40s. Some people recover, some rediscover life, while others languish. The finance industry has the most snuffed out dreams and ambitions I've ever seen, lots of people join want to make it big, a small number do, majority just end up doing sh1tty job with average pay and some end up loosing their jobs.
Sometimes I quite admire people who upon graduation, can straight away understand they are mediocre, decide that having average pay and steady job is important and join public sector. A lot of people here you see the way they ask question and their thought process already know not very good, still dream on wanting to make it big in banking, one of the most competitive industry...
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| 24-06-2011 03:44 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
Fresh graduates or people <30 maybe due to lack of social and working experience, they dun understand career and money is made based on a combination of your job expertise, political skills, the correct patron and entrepreneurial skill to exploit niche.
Many seem to think that joining the "right" industry is the main way to make money. If you look at the threads here, 70% is always asking things to do with the banking industry. Many claim finance is their passion, but cannot even demonstrate some basic understanding of various sub-functional jobs beyond the broad concept of "working in a bank".
This kind of attitude want to compete with the true elites to make their 6 figure bonus!? Then there are idiots who actually think that getting some menial admin / sales job in a bank is the way to becoming a "banker". Pathetic.
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Hey man, I totally agree with you, I dont mean to sound sarcastic in my earlier reply just that the way I look at youngster these days and first thing that came to their mind is upon stepping out of their school comfort zone is I want be the next Warren Buffet, Paulson & Co fund manager, Carlye or KKR.
I mean get a life, passion? Whats that? Many ppl have passion in the finance industry and I dont see many of them end up being pte bankies or wat. In fact I see a lot of them fighting to survive the massive swamp of FT from India, PH as the BB thought about where to locate their operations to next to cut down costs.
At least, for those wannabe bankies, go library and borrow some books to understand whats the basic terms like bid, spread, how SIBOR rates affect your mortgage loan rate, whats carry trades etc before you talk about being a bankie.
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| 24-06-2011 01:44 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I noticed alot of new graduates coming to this forum these days and asking us what should their career choice be? I see a lot of threads saying that engineers want to go into banking hoping to be an Investment Banker etc (I refer to them as dreamers)
I mean seriously man, whats wrong with youngsters these days? I mean u dont even know what career u want? You know the latest IPAD apps and handphones etc but u dont know what your career is when its the most important thing in your life as it can save you or break you.
Man this is pathetic. No wonder Sinkies are complaining FT are taking our jobs when these sinkies dont even know what they want.....
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Fresh graduates or people <30 maybe due to lack of social and working experience, they dun understand career and money is made based on a combination of your job expertise, political skills, the correct patron and entrepreneurial skill to exploit niche.
Many seem to think that joining the "right" industry is the main way to make money. If you look at the threads here, 70% is always asking things to do with the banking industry. Many claim finance is their passion, but cannot even demonstrate some basic understanding of various sub-functional jobs beyond the broad concept of "working in a bank".
This kind of attitude want to compete with the true elites to make their 6 figure bonus!? Then there are idiots who actually think that getting some menial admin / sales job in a bank is the way to becoming a "banker". Pathetic.
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| 24-06-2011 10:37 AM |
| Unregistered |
erveya itnot
Quote:
Originally Posted by excused
Hi All,
I've just graduated with an Civil Engineering degree with no honours. Im contemplating between joining Great Eastern as a Life Insurance Planner vs getting a job in the construction industry.
Any advice will be very much appreciated.
Cheers  |
Should be selling fish in the market. Construction industry is meant for China and India.
Insurance Planner is meant for Filipinos.
Youngsters these days got the wrong mindset, so should be selling fish in market, can earn more too.
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| 23-06-2011 04:15 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
I noticed alot of new graduates coming to this forum these days and asking us what should their career choice be? I see a lot of threads saying that engineers want to go into banking hoping to be an Investment Banker etc (I refer to them as dreamers)
I mean seriously man, whats wrong with youngsters these days? I mean u dont even know what career u want? You know the latest IPAD apps and handphones etc but u dont know what your career is when its the most important thing in your life as it can save you or break you.
Man this is pathetic. No wonder Sinkies are complaining FT are taking our jobs when these sinkies dont even know what they want.....
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And you are asking someone whom you havent seen or met before to dictate your career for you? OMG what a sad world...I hope you dont end up in your late 30s saying I regretted listening to so and so from salary.sg on his advice. By then, you can only call yourself stupid
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| 23-06-2011 04:11 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
You think you buying fish in the market har? If you want serious advice, at least respect others by doing some basic homework and listing down your view & concerns on each of these jobs so that experienced people can share their perspectives.
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I noticed alot of new graduates coming to this forum these days and asking us what should their career choice be? I see a lot of threads saying that engineers want to go into banking hoping to be an Investment Banker etc (I refer to them as dreamers)
I mean seriously man, whats wrong with youngsters these days? I mean u dont even know what career u want? You know the latest IPAD apps and handphones etc but u dont know what your career is when its the most important thing in your life as it can save you or break you.
Man this is pathetic. No wonder Sinkies are complaining FT are taking our jobs when these sinkies dont even know what they want.....
|
| 23-06-2011 03:34 PM |
| Unregistered |
You think you buying fish in the market har? If you want serious advice, at least respect others by doing some basic homework and listing down your view & concerns on each of these jobs so that experienced people can share their perspectives.
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| 23-06-2011 03:24 PM |
| excused |
Life Insurance Planner or Civil Engineer?
Hi All,
I've just graduated with an Civil Engineering degree with no honours. Im contemplating between joining Great Eastern as a Life Insurance Planner vs getting a job in the construction industry.
Any advice will be very much appreciated.
Cheers
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