there may well be something i'm not seeing but i never said i was good or that i had good networks

i'm saying networks are really important

i'm not blaming any market. it just is. and it has been for years. it both attracts and pushes others away at the same time. basic economics.

we may also have a different understanding of what is good. often in consulting, management, banking you need to be the best at what you do. those expectations weigh heavy on graduates too.

business/mgmt/consulting/finance/risk mix

i can assure you jobs are not a lot. across 3 countries. i know this because

1) I talk to people within the industry, including HoDs, directors and VPs, who make the hiring requests and decisions. Not only that, these guys are high up and the industry is relatively small, so they know everyone everywhere, and can tell me if others are hiring or not - if i bring up names of companies i am interviewing with, they automatically know the specific person i'm meeting

You don't often get to the "expectations" stage and I have not once been told to lower my expectations (except to maybe look for an operations or less relevant type of job) because salary/benefits is a given (I can't or don't need to ask for a lot and they have the resources to not need to compromise)

It's down to luck, and then networks. My grades are already great (not #1 in the class, but well above top 10% or 15%) but if you are a local then an average/just above average grade might be good enough if you're lucky. Resume wise already pretty good, not exceptional but well above average.

along those lines... what I study exists within business but is not business admin or management. it combines different subjects and fields into one. its standards require you to go deep in many of these sub-components. my interviewer is either intimately familiar with this because he/she studied the same way back when, or at least understands it because he/she works alongside people with that kind of background and is responsible for recruiting at a very competitive level.

You don't believe in networks but you think someone with a better network got the job? A bit hypocritical.

Networking doesn't have to be I help you, you help me. After all what is a student going to do for someone with 15, 30 years of experience? Bring them more business? Believe it or not, there exist people in this world who genuinely want to help other people out, whether it's a few words of advice, sharing a contact, or a referral.

Networking also doesn't mean I have senior executives on speed dial. We're not lifelong friends, and in most cases we're barely acquaintances.

Sure, you got a couple IB offers. What division? Which IB? Did you end up working there?

She is being sarcastic. Something she always do here when she done mocking her workers and no other people she can find in the office.

Btw, any comments on some of the salaries posted in this sg forum?

Link: http://forums.salary.sg/income-jobs/831-ho...ng-per-annum...

To be taken with a pinch of salt? Or are the 100k/200k p.a. salaries in sg that common?

Anyone doing stock trading here? Mind to introduce a good broker? Thanks

Seems like consultant is really a dead end career without a PE based on the salaries other industries are commanding nowadays:(
Maybe I'll need to rethink my career path...

and endless sleepless nights that come together with the responsibilities and liabilities 
Wonder what else i can do with a civil engineering degree. Probably gonna top it up next year.

anybody joining sundown marathon this year?

Long hours, highly stressful environment, very political, double standards - if you're white and can KC with mgmt - you're ok. If you're asian and cannot KC with mgmt, high risk of getting laid off, shitty pay and bonus (if you're below VP or equivalent position), zero job security - hire fire as they please, very result oriented and unforgiving - miss your targets - bye-bye.

Barclays just layed-off some more IB people....hoorah!   

No. I do not feel sad for them. Its part and parcel of IB life. When times are good these guys gets paid bonus by the hundreds of thousands and for some millions. So I do not feel happy or sad for them. Its all part of the cycle.

Given the role of this industry in the last few recessions, and the grossly disproportionate influence, freedom to act and freedom to reward themselves that they hold over the global economy - I do feel any moves to cut this industry down to size is positive. More regulation, simplification and reduction is definitely called for.

anyone here owns a HDB house/condo? i heard now even PR have to wait 5 years to buy HDB subsale and must not own any propoerty in malaysia

2.5k not even enuf to pay ur monthly car loan 

we dun usually see eye to eye on things...but this is a very good advise.       

Nvr nvr go for bonding.... Especially in sg, heard too much bad feedback 

Salary seems low in SG, for grads. Could be because we are not locals?

Was offered a position. A ringgit salary would be almost the same or 10%-15% higher. An Aussie salary is almost 70% higher.

Now i have a Master degree in Business Administration from Wawasan Open university with 8-9 years working experience in web and multimedia design. Roughly how much salary in SGD can i get? or minimum how much?

Any Master holder work in Sg?  Was thinking to invest myself MBA 

But is so exp and the ROI dunno higher or negative...

Gents,

Good Day. I'm looking for a good (friendly and cost) one to one golf lesson for beginner in Spore. Anybody has suggestion? Planning to have a lesson after working hour, so dont think a good choice to cross the border for the lesson.

Appreciate it.

nowadays employee can't stay long... where got company want to take the risk....
unless u r very capable....

100k package in Australia, you haven't hit 25% tax (excluding these levies). how fast are you gonna grow to 100k in Singapore? After tax Australia is still gonna be comfortable for you to spend a lot, save a lot. SG is not cheap.

3 years to 100k p.a. salary while not a myth is extremely difficult to achieve. The only 2 successful methods which i have seen to achieve that is either a hotshot trader or a well connected private banker. Oh, also possible if you are in a tier 1 investment bank i.e. goldman and these people don't start at sgd2k for sure. One common trait you will notice is that these people are extremely smart and present extremely well able to rub shoulders with the whose who without feeling out of depth. Most are also ivy league unis maybe except for the private bankers. But private bankers must have the connections and most come from well to do families anyway.As for the rest of the banking sector, all myths.

Hi robertchoo. That's a wonderful insight from you. It's really informative and could help me in planning my path in banking industry. However your hard truth seems to dampen my hope. Those position or segment is far from my current level.

Thanks for the advise. It's a long one and full of information for me. I'm from a poor family and doesn't have much network or connection to royal family.
I do know a big shot from Royal family in southern, but I doubt he will entertain me.

I just manage to break into SG banking industry which have plenty of myth saying the banker could easily earn 100k, or most will be elite in few years time.

I'm just wondering does till applicable to local grad or those in Ivy League. I'm starting from personal banker and the most junior level in banking.

When I saw someone here post that it's possible to earn 24k p.a to 100k p.a. I'm impress. Would want to know more.

Anyone more willing to share.

I'm also interested to learn more, seems like banking sector in Sg attracts the cream of the crop, while engineering is where those who cannot make it in banking go to.

Any chance for an engineering grad working in a local sg company to join the banks and make 100k in 3 years? Or how long would it take?

ur opinion resonates with what i always practice especially regarding furthering my studies. i've not taken any additional papers since degree. dime of a dozen out there nowadays. easily IT support from India have a phd.

no point getting papers if there's not effective gratification from it.

i'm not sure the thing about having mba/phd means getting higher pay as oppose to having more experience in the same field.

i think relationships are the key of course hard work, actually good in the field helps alot. but good relations can bring u half way, the rest is on ur own.

Wow, your fiancé must be someone legendary. Any chance for him to give me some hint. Willing to trade a plate of char Kuew teow for that. Let me know.

Told you sour grape more than appreciation here. For you better go join the SG Expat, if locals know what your family own here they create facebook page pressure government to take back all your land and properties.