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 Working Life in Singapore V5

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keelim
post Apr 2 2011, 02:37 PM

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QUOTE(seantang @ Apr 2 2011, 09:53 AM)
That really depends.

If it's a very technical field, where the masters' coursework or research is directly relevant to the job, then yes... a full time course is better regarded than part time or distance learning. Same for investment banks who want to hire MBA associates. They usually won't go for part timers or distance learners.

For MNCs however, they are really not that concerned about how you obtained that masters. In fact, delaying your entry into the working world or leaving your current job for a couple years to do a full time course - might indicate escapism from work pressure/environment or give the impression that you took a full time course because you were not very successful in your job before that.

And let's say... if a hiring manager compares 2 people who have completed their bachelors' degree for 10 years, where:

(a) has 10 years full time work experience, got promoted 5 times (every 2 years) during that period to Level 5 (managing a $1B business) and has a distance learning MBA that took 4 years,

/vs.

(b) has 8 years full time work experience, got promoted 4 times (every 2 years) during that period to Level 4 (managing a $0.5B business) and has a full time MBA that took 2 years,

If you are the hiring manager who needs to hire someone for a Level 6 job to manage a new $2B business, who would you pick?

I'd immediately pick the guy who has experience managing the larger business, and can handle loads of pressure in a complex situation ie.multi-task (work & study at the same time) and deliver ie. be successful at both.
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IB and top tier consulting firms encourage their employees to pursue MBA full-time. Recruitment for associates is primarily done under job placement or career roadshow in campus before graduation.

As MNC recruitment appetite is not part of my forte, I concur either distance/part of full time learning will not dictate your employment chances.

Nicky is trying to match his opportunity and aspiration. I presume the reason he landed himself in such a contradictory situation is because of pursuing Masters w/o having job experience. This is extremely common quagmire for fresh Master grad. Ivy leagues have been trying to prevent such situation by enforcing a certain amount of working experience before enrolling with your GMAT/GRE score.


Added on April 2, 2011, 2:43 pm
QUOTE(alaskanbunny @ Apr 2 2011, 09:13 AM)
what's wrong with part time masters? distance learning i understand.... but part time is inferior?
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There is absolutely nothing wrong with part-time masters. In fact, they should be favored compared to full timer if both passed with distinction. The market doesn't see it this way (but that is strictly ambiguous and depends on what market you are in). I am coming from the finance industry perspective and equipping oneself with MBA, not technical or specific Masters.

It is not about inferiority or superiority. More on market perception and industry unique circumstance.

To substantiate this:- ever wonder why Sg govt agencies will have check boxes on Master/Degree part-time or full-time for any application that will consider your academic background?

This post has been edited by keelim: Apr 2 2011, 02:46 PM
rickysim84
post Apr 2 2011, 03:39 PM

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eh guys.. was wondering, anyone here know any cheap or budget hotel in singapore? care to share some as my cousin coming soon
XxAC3xX
post Apr 2 2011, 03:40 PM

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hello guys! theres something i would to hear opinions frm u guys.

like this, singapore unis offer subsidised tuition fees with the condition of 3year bond with singaporean companies. after completion of a 4yr mech. engineering degree with about SGD45k of debt, do u thk it is a good deal? job prospective for engineers in sg i good and the pay?

im asking it here instead of in edu. essentials is because u guys who work thr would knows better.

This post has been edited by XxAC3xX: Apr 2 2011, 03:42 PM
DarksideRG
post Apr 2 2011, 03:43 PM

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hi. can anyone read this and offee some advice?

http://forum.lowyat.net/topic/1818347

thanks in advance
ThanatosSwiftfire
post Apr 2 2011, 03:53 PM

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QUOTE(rickysim84 @ Apr 2 2011, 03:39 PM)
eh guys.. was wondering, anyone here know any cheap or budget hotel in singapore? care to share some as my cousin coming soon
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SGD25 a nite okay? It's a backpacker's inn though.
rickysim84
post Apr 2 2011, 03:59 PM

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QUOTE(ThanatosSwiftfire @ Apr 2 2011, 03:53 PM)
SGD25 a nite okay? It's a backpacker's inn though.
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backpacker inn is ok le.. as long as the room is clean and there is a air con. eh.. give me more info regarding ur backpacker inn


Added on April 2, 2011, 4:00 pm
QUOTE(DarksideRG @ Apr 2 2011, 03:43 PM)
hi. can anyone read this and offee some advice?

http://forum.lowyat.net/topic/1818347

thanks in advance
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get passport, then log into jobstreet or jobsdb. Try not to get agent as there are lotsa complication over it.

This post has been edited by rickysim84: Apr 2 2011, 07:03 PM
DarksideRG
post Apr 2 2011, 04:04 PM

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but i think it hard to get by jobsdb etc..

i dont care what type of job, as long i have job there.. factory or fastfood crew, anything..

if there is a legit agent (provide food+hostel) i willing to try.. sad.gif
rickysim84
post Apr 2 2011, 04:25 PM

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i think most agent are legit, the prob is the chinaman company which will cause complication
DarksideRG
post Apr 2 2011, 04:28 PM

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QUOTE(rickysim84 @ Apr 2 2011, 04:25 PM)
i think most agent are legit, the prob is the chinaman company which will cause complication
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i'm sorry, complication such as?

and maybe if you some which i can contact?

This post has been edited by DarksideRG: Apr 2 2011, 04:28 PM
rickysim84
post Apr 2 2011, 05:26 PM

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QUOTE(DarksideRG @ Apr 2 2011, 04:28 PM)
i'm sorry, complication such as?

and maybe if you some which i can contact?
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u need to know tat the agent earn money by helping a company looking for the suitable candidate. So, the agent will help u get a job in singapore, by law, the company will need to pay the agent, bout some % of the salary u earn.

But a chinaman company will deduct ur salary instead of the company paying themself. Thus the salary u earn will be deduct.
SUSalaskanbunny
post Apr 2 2011, 07:39 PM

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QUOTE(rickysim84 @ Apr 2 2011, 04:25 PM)
i think most agent are legit, the prob is the chinaman company which will cause complication
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i believe they have to have some kind of license to run an employment agency... or is that for domestic helpers only?
Lester1987
post Apr 2 2011, 08:47 PM

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QUOTE(DarksideRG @ Apr 2 2011, 03:43 PM)
hi. can anyone read this and offee some advice?

http://forum.lowyat.net/topic/1818347

thanks in advance
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1st of all, u study in UiTM? so i assume that u are a Malay? why you so desperately wanna leave Malaysia? Hutang Ah Long ar? 2ndly not that i want to demotivate you, if you are a non-chinese, the chances of you landing a job in SG is a lot lower compare to Malaysian chinese because as you know, Singapore contains 75% Chinese and when you work in the service industry (Mc.D or retail stores), you need to know mandarin. Unless you can speak excellent English. but that also doesn't give you any good advantage if there is a PRC worker that speak mandarin and satisfactory level English, they will definitely go for the PRC.

Since Malay got so many benefits in Malaysia, why don't you continue to further your career in Malaysia? try to apply those GLC, you will have higher chances to get a job there and career advancement in those company if your a malay is quite good as well.
mercury8400
post Apr 2 2011, 11:26 PM

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If you are a malay Malaysian with a local malaysia degree and little(<5 years) /no experience and wanting the come to SG to work, I'm sorry to say that yr chances is more or less equivalent to ZERO! First yr not a PR or citizen which already put you at a disadvantage. Second yr non chinese and hence do not speak mandarin and that put's you even more to a disadvantage. Thirdly, our local Uni is not held in high regard by singaporean especially if yr a malay coz of the quota system and that puts you down at the bottom of the list alongside the other immigrants such as the Indian, Myanmar, and other 3rd world country people who come over to SG to find work. Fourthly, the perception here which is the same as in malaysia is that the malays in malaysia are lazy and unmotivated. So that puts you behind the indians, myanmar, thais etc. That would make yr chances of landing a job here more or less zero %.
SUSalaskanbunny
post Apr 2 2011, 11:47 PM

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QUOTE(mercury8400 @ Apr 2 2011, 11:26 PM)
If you are a malay Malaysian with a local malaysia degree and little(<5 years) /no experience and wanting the come to SG to work, I'm sorry to say that yr chances is more or less equivalent to ZERO! First yr not a PR or citizen which already put you at a disadvantage. Second yr non chinese and hence do not speak mandarin and that put's you even more to a disadvantage. Thirdly, our local Uni is not held in high regard by singaporean especially if yr a malay coz of the quota system and that puts you down at the bottom of the list alongside the other immigrants such as the Indian, Myanmar, and other 3rd world country people who come over to SG to find work. Fourthly, the perception here which is the same as in malaysia is that the malays in malaysia are lazy and unmotivated. So that puts you behind the indians, myanmar, thais etc. That would make yr chances of landing a job here more or less zero %.
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actually indians are highly sought after... both for low level and high level jobs
mercury8400
post Apr 2 2011, 11:53 PM

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QUOTE(alaskanbunny @ Apr 2 2011, 11:47 PM)
actually indians are highly sought after... both for low level and high level jobs
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Correct. That's why there are so many of them here. Just walked pass some cafes near my area in Eunos, there are so,so,so many of them out to watch the cricket match. I thought I was in India.
jonnie
post Apr 3 2011, 12:12 AM

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anyone playing futsal nearby queenstown/bkt merah area ?

Argiope
post Apr 3 2011, 12:19 AM

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Have you guys bought your insurance here? Which type did you go for?
azrink
post Apr 3 2011, 12:37 AM

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QUOTE(mercury8400 @ Apr 2 2011, 11:26 PM)
If you are a malay Malaysian with a local malaysia degree and little(<5 years) /no experience and wanting the come to SG to work, I'm sorry to say that yr chances is more or less equivalent to ZERO! First yr not a PR or citizen which already put you at a disadvantage. Second yr non chinese and hence do not speak mandarin and that put's you even more to a disadvantage. Thirdly, our local Uni is not held in high regard by singaporean especially if yr a malay coz of the quota system and that puts you down at the bottom of the list alongside the other immigrants such as the Indian, Myanmar, and other 3rd world country people who come over to SG to find work. Fourthly, the perception here which is the same as in malaysia is that the malays in malaysia are lazy and unmotivated. So that puts you behind the indians, myanmar, thais etc. That would make yr chances of landing a job here more or less zero %.
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I m a Malay, working with SG company, been given the responsibility to manage/oversee the company projects abroad. If i m really that lazy, unmotivated and lowly educated, would the SG company dare to employ me in the first place? Just because of what race I am. Please do not generalize all Malay are the same. Statement like yours move me to go abroad working with Singaporean and other races. Just to let them and the world know that Malay can do well and fight equally on the same level too!!! Next time please consider when you thinking of making any statement. Don't judge the Malay because of what is happening in Malaysia. From your writing I know your frustration. I too am like you, ashamed of what is happening in Malaysia, but I will never judge and generalize just because of their colors. Shame on you. sad.gif

nicky87
post Apr 3 2011, 05:05 AM

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QUOTE(gabLhowe @ Apr 2 2011, 10:45 AM)
What is the masters in? Maybe it's not so relevant to the job, hence not under consideration. But nevertheless, I thought that you could ek another 100-300 bucks in pay (furthermore you mentioned that it's from the ivy league). Try calling up and gently probe HR. But its just my own opinion... dont blame me if you overpoke and lose the offer  rclxms.gif  tongue.gif 

Auditing is good as it opens your eyes to many clients all the way down to the operational level, hence +++experience which is very useful. It's also notorious for work pressure, long hours and tight deadlines so if you ever jump ship, your new boss will love you.
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Hmmmn well in general the basic pay is 3000SGD for entry level associates... but since I am a foreigner and don't need to like pay CPF they adjusted the basic salary down so that plus CPF they have to give us it's exactly 3000SGD equivalent to the local singapore grads. (I did try poking XD not too successfully but at the end of the day it's the experience I am after and I think 3k SGD should allow me to live a rather comfortable life?)

QUOTE(Aloong @ Apr 2 2011, 11:19 AM)
I'm assuming ur pretty fresh here, i.e. less than 3 yrs exp. So lets forget about wat industry.
I think auditing will help u skill sets in terms of due diligence, analytical, being deliberate, able to look into details, and of course able to understand and analysis financial much better (all as compared to mgmt trainee).
Mgmt ind, depends on which dept ur located. If ur in finance/internal audit/operation, better take ur audit job.
If ur in biz development, then u may have better skills interms of marketing, negotiating, interpersonal skills, etc, which would be better than audit.

Bur later on to start in IB, the analysitcal/due diligence skillswould be required for a start for the first few yrs, before u the marketing/interpersonal skills is required. U need to prove ur self in being able to do the nitty gritty of the job first.
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Thank you for your input! It is very helpful! I was thinking if I could get into the finance/internal audit part of the business it might be the same as an auditing experience... cause the company is one which is looking to grow so they are doing alot of M&A's and I thought that would be good experience as well.

QUOTE(seantang @ Apr 2 2011, 11:34 AM)
If you want to be in investment banking, why bother with audit at all? Get an entry level analyst position with a bank straightaway. In terms of further opportunities or promotions, having 3 years of analyst experience will put you wayyy ahead of any former auditor with 3 years audit experience. The 2 are very different, even though dealing mainly with numbers.
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Uh it's because I am partially qualified for ACCA already have another two more papers to become an affiliate and working an audit job would allow me to gain member status where as working as an analyst I may not be able to gain full membership? one of the PERs of ACCA is to have done a full statutory audit and having an audit job I think is the only way to fulfil that.

QUOTE(keelim @ Apr 2 2011, 02:37 PM)
Nicky is trying to match his opportunity and aspiration. I presume the reason he landed himself in such a contradictory situation is because of pursuing Masters w/o having job experience. This is extremely common quagmire for fresh Master grad. Ivy leagues have been trying to prevent such situation by enforcing a certain amount of working experience before enrolling with your GMAT/GRE score.
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I'm a her =D anyway you're right... i am trying to pick a job which would lead me to where I want to be in the future rather than short term monetary gain... cause if I was looking for salary+benefits I think the management trainee job wins hands down simply because living at home saves alot of money. Sadly yes I am also without experience therefore I know that it is likely I would only get a undergrads pay which I am willing to accept for the most part I guess.

Anyhows A BIG Thank You everyone!!! I think I know what I should do now... after I look up a couple of things... I appreciated the input!
Mackiddo
post Apr 3 2011, 10:26 AM

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QUOTE(Argiope @ Apr 3 2011, 12:19 AM)
Have you guys bought your insurance here? Which type did you go for?
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I think the 1st one you should buy is Hospitalization Plan type of insurance if your coverage from your company (if any) is not sufficient. Also considering the fact that all WP and EP do not have medisafe.

This post has been edited by Mackiddo: Apr 3 2011, 10:28 AM

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