May 7 2010, 04:31 PM
QUOTE(Grimm @ May 7 2010, 01:46 PM)
This thread still hasn't been pinned? Holy crap!
Anyways, I've come to a crossroads in my tertiary education. I am faced with a big decision to choose one path out of three. A fork, if you may.
I will be graduating from my Bachelor of Business (Accounting and Finance) - its a double major - this June. To cut a long story short, I want a PR in Australia, and I would need to do one of the below:
1) Ditch post grad, and go out into the corporate rat race and come back to apply for the Aussie PR after I gained sufficient work experience outside OZ. (which will then reap me points for the qualification for PR app).
2) Accept my place in an Honours degree in an Australian university - Monash, Melbourne, Sydney, Queensland... whichever. [1 year]
3) Apply for a Masters in Applied Finance or something similar. [1 year or 1.5 years]
After speaking with several colleagues and peers, I find that half of the people I spoke to tell me that a Masters would hold more value than a mere honours degree, which is still an undergraduate level qualification. And I must admit, a Masters sounds more prestigious and it is a post grad qualification after all.
The advocates of an honours degree emphasizes on the point that employers will be looking for a graduate that can say that they have published a research paper/thesis and would be more inclined in hiring me than other bachelor/masters freshies who haven't had any experience with research.
I know it will have a lot to do with what I want to be doing. I'm still rather undecided, but I'll most probably be entering the banking/finance sector - financial institutions, financial intermediaries, the stock exchange, the ratings agencies, the reserve bank/federal bank, regulatory bodies in the financial markets or IB.
Please advice
You can try posting this in the Jobs sections, I think you'll get more relevant answers. With Masters, there are study and also research based programs. Taking a Masters is is preferable here. I've really not heard that employers prefer graduates with research experience for business administration positions. For the finance sector, experience is more valuable than anything. You can do some research by yourself to see what kind of degrees and qualifications of people who are doing well in the finance sector. You'll alot of them having CFA but their degrees and master are extremely varied. And you will also see alot of them have either long working experience or have worked at some big firms before.Anyways, I've come to a crossroads in my tertiary education. I am faced with a big decision to choose one path out of three. A fork, if you may.
I will be graduating from my Bachelor of Business (Accounting and Finance) - its a double major - this June. To cut a long story short, I want a PR in Australia, and I would need to do one of the below:
1) Ditch post grad, and go out into the corporate rat race and come back to apply for the Aussie PR after I gained sufficient work experience outside OZ. (which will then reap me points for the qualification for PR app).
2) Accept my place in an Honours degree in an Australian university - Monash, Melbourne, Sydney, Queensland... whichever. [1 year]
3) Apply for a Masters in Applied Finance or something similar. [1 year or 1.5 years]
After speaking with several colleagues and peers, I find that half of the people I spoke to tell me that a Masters would hold more value than a mere honours degree, which is still an undergraduate level qualification. And I must admit, a Masters sounds more prestigious and it is a post grad qualification after all.
The advocates of an honours degree emphasizes on the point that employers will be looking for a graduate that can say that they have published a research paper/thesis and would be more inclined in hiring me than other bachelor/masters freshies who haven't had any experience with research.
I know it will have a lot to do with what I want to be doing. I'm still rather undecided, but I'll most probably be entering the banking/finance sector - financial institutions, financial intermediaries, the stock exchange, the ratings agencies, the reserve bank/federal bank, regulatory bodies in the financial markets or IB.
Please advice
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