Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Earning Salary More than RM 5K, Those below 28, share ur tips here!!

views
     
Lcsx
post Jun 9 2007, 03:31 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


I wonder whether I should post this. Ah what the heck I'll post it.

Apparently Research Analysts & Investor relations people do earn a lot in a very short amount of time. 3 years experience could bring such a person's salary up to RM15,000 but usually it would be 5 years. Well, despite this being being the mean, the variance could be high I am not sure. Just note also that a Research Analyst generally works 70+ hours a week, Investor relations less but you really must have strong social skills together with technical skills.

Some lucky people manage to get these jobs at a young age like 23-25.



This post has been edited by Lcsx: Jun 9 2007, 03:32 PM
Lcsx
post Jun 17 2007, 05:09 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


QUOTE(netfan @ Jun 17 2007, 01:06 PM)
Don't forget:
Experienced Medical Doctors & Lawyers, all mostly above 5K, infact some even 10K.
*
well they really should at least earn more than 5k considering that their course itself costs more than 500k usually or maybe even 1m. If its less than 5k its not very good.








Lcsx
post Jun 17 2007, 09:33 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


QUOTE(robertngo @ Jun 17 2007, 08:05 PM)
sure they can make a lot of money, but not at 25, they need to study longer compare with other and then serve in public hospital for a few year where the pay is not very good.
*
Actually I honestly don't think its good at all.

Lets take these assumptions to determine

course fees : RM750,000

Average salary : RM7,000/month

Rate of return : 5%

We assume a lump sump payment for course fee on year 0 and an average salary of beginning on year 6 of RM7,000 for simplicity in calculations.

Base on these assumptions it takes 218 months or about 18 years+ to break even. So you basically start making money when you are 36 years old. This is already assuming you don't fail on any of your semesters and have quite a decently high average of RM7,000/month.



This post has been edited by Lcsx: Jun 17 2007, 09:35 PM
Lcsx
post Jun 18 2007, 07:01 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


QUOTE(Kunikatu @ Jun 18 2007, 06:41 PM)
Anyone here has advises for me? Please read my Previous reply.
*
Well actually answers are all over this post I think. Well I have answers for you too but it depends how much preseverance you have, your interests and also your academic capabilities.

If you have high preseverance, interest in finance/market research/investments and am relatively strong academically, a combination of 2 of the below is a good choice.

Finance/Accounts/Economics/Marketing/Econometrics/Statistics

Then from there you can thread into research field. But just to let you know the hours are long and the number of jobs is very small. Well a rough estimate would be around 1000-2000 such jobs in KL.

But there are many many other choices out there so you should seek advice of other working people as well. Also try to see an academic counselour as well.



This post has been edited by Lcsx: Jun 18 2007, 07:12 PM
Lcsx
post Jun 20 2007, 09:51 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


Oh yeah, mastering other foreign languages is actually quite lucrative as well. Its a very good+ point. If you are in Uni, rather than taking normal subjects go take a language subject instead. It will serve you better than almost any subject you take up in uni.

Ah yeah, of course it is also the key for you to higher paying jobs.



Lcsx
post Jun 22 2007, 02:10 AM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


QUOTE(yewkhuay @ Jun 21 2007, 10:03 PM)
u r still not asking yet wat kinda advice tht u r looking for..... sweat.gif
don just tell wat u promised n aimed..... doh.gif
*
He means any kind of useful advice that could guide him.


Lcsx
post Jun 24 2007, 02:21 PM

Regular
******
Senior Member
1,016 posts

Joined: Apr 2006


QUOTE(AsiaPartTime @ Jun 24 2007, 12:12 PM)
Don't you guys think of working from 9-5 will get you rich? I guess the risk of NOT getting rich by working 9-5 job is much higher compare to start your own business with innovative idea.

Please always keep in mind, working 9-5 won't get you rich at all.
*
Sorry, I know that is the general assumption of most people but there are 9-5 jobs that will get you rich. But they are niche and generally less heard of than your common jobs.



QUOTE(Kunikatu @ Jun 22 2007, 09:50 AM)
If i finish my SPM,and then go for college,is it possible to get a Degree in college? I want to get the college as soon as possible,and then start to work,since from what i've learnt in this topic,working experiance is much more important. Honours degree and a normal degree make a big difference? Can anyone explain to me what is marketing ( I only know its about about how to sell a product ) , business ( Dont really understand it,just know its related to $$$) , account ( Yeah i know this),Finance ( Dont understand,my friend told me his cousin got a 3.8 and graduated,now no ppl hire,i wonder if thats true), Analyst ( Totally no idea what this is,but people was saying the pay is good)..

TQ
*
Regarding the performance in your degree, it is very important on your initial entry to the job world. It gives you access to more jobs but after this stage, your degree is generally isn't that important.

There are two key areas in marketing. The first as it is generally known related to doing sales. The second is in the research and development of more effective marketing strategies and statistics.

Typically for a finance student, you need to know where and how to look for a job. Often most finance or/and Economics students give up because on their line because of the failure to do the above.

There are 3 main variants of Analysts in the business world. 1. Accounts analyst 2. Research Analyst 3. Market Research Analyst. Note : Each of these can be called various different names often they end up having the same title but different job scope. Accounts analyst is typically an accounting type job, keep track of invoices, credit control, fraud detection and other things closely related to accounts. Research Analysts generally are people who research in listed companies and writes reports on them. However there are many other variants, the said one is the most common for Malaysia. They are normally known as either Analysts or Associates and sometimes called Equity Research Analyst to avoid confusion. Market research Analysts are often also called Analyst or Associates but their coverage is often more macro. They are more concerned about statistics and trends of an industry rather than a single company. Their activities are most active in developed/developing nations. They often carry out their research activities both locally and abroad.

Out of the 3 main variants, the 1st is the easiest job to obtain and find. These jobs are frequently advertised in jobstreet and jobsdb. The latter 2 are rarely found in public job postings and there are very few such positions. The job availability ratios are probably around 400 : 3 : 2.

This post has been edited by Lcsx: Jun 24 2007, 02:47 PM

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0280sec    0.56    8 queries    GZIP Disabled
Time is now: 7th December 2025 - 05:00 PM