What Job is this ?

General comments and chit-chat, or tell us how we can improve KiasuParents.com

What Job is this ?

Postby verykiasu2010 » Mon Jul 25, 2011 5:48 pm

http://www.straitstimes.com/BreakingNew ... 94551.html

Jul 25, 2011
NTU's 2011 grad earns $20,000 a month
By Joanna Seow
THE top five earners from the Nanyang Technological University (NTU) Class of 2011 are drawing five-figure salaries, the highest being $20,000 a month.

Two-thirds of graduates have already found a job, according to a preliminary study conducted by the NTU's Career and Attachment Office. This is comparable to last year's graduating class during the same period in 2010.

A total 9,066 graduates will receive their degrees - the largest graduating class in the NTU's history - from Monday till Aug 1.

At the first convocation ceremony on Monday were President S R Nathan and Education Minister and Defence Minister Ng Eng Hen, both of whom were present to witness the inauguration of Professor Bertil Andersson as the university's third president.
verykiasu2010
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 11696
Joined: Mon Jan 04, 2010 11:06 pm
Total Likes: 2


Re: What Job is this ?

Postby UncleLim » Mon Jul 25, 2011 6:15 pm

Job Title: Son/Daughter of Chairman/President/CEO

UncleLim
BrownBelt
BrownBelt
 
Posts: 682
Joined: Sat Jan 09, 2010 10:47 am
Total Likes: 7


Re: What Job is this ?

Postby jtoh » Mon Jul 25, 2011 6:40 pm

:rotflmao: :rotflmao: :rotflmao:

jtoh
Councillor
Councillor
 
Posts: 10921
Joined: Mon Mar 22, 2010 2:47 pm
Total Likes: 91


Re: What Job is this ?

Postby Strparent » Mon Jul 25, 2011 6:47 pm

vk2010,

for a fresh grad to earn that kind of money...highly likely to be a property agent in this present inflated market.

he/she is possibly also very eloquent and quite good looking too. :evil:

Strparent
BrownBelt
BrownBelt
 
Posts: 709
Joined: Sat Aug 14, 2010 4:54 pm
Total Likes: 5


Re: What Job is this ?

Postby auntieM » Mon Jul 25, 2011 10:30 pm

UncleLim wrote:Job Title: Son/Daughter of Chairman/President/CEO

:rotflmao: Good one!

auntieM
Councillor
Councillor
 
Posts: 3554
Joined: Mon Sep 07, 2009 11:43 am
Total Likes: 2



Re: What Job is this ?

Postby ZacK » Tue Jul 26, 2011 9:34 am

Maybe something related to Investment Banking or Investment Analyst type of work? In one of the newpaper article similar to this one some years back, I recalled reading an article where they compared the starting pay across grads from different Unis in Singapore. In that article it was stated that one SMU grad landed a 5 figure pay for some investment analytical work.

The amount that these grads get are pittance compared to the amount of money that the banks receive by way of funds from (corporate) investors... But you can also be sure that it is a high pressured job, almost like on the call 24/7... Just my thoughts...

ZacK
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 2396
Joined: Sun Jul 13, 2008 9:19 pm
Total Likes: 0


Re: What Job is this ?

Postby Edureach » Tue Jul 26, 2011 10:02 am

It's between coporate investment banking, private banking or trading.

Among the above, investment banking seems the least likely as any experience he has acquired is mainly thru internship. As for private banking, he needs to show evidence of his ability to secure high nett worth customers and sound knowledge of financial markets. In essence, his net working,superior salesmanship and marketing skills coupled with his track record in trading of equities and derivatives. In addition to all these, he has to hve good looks and a pleasant personality. The last one, trading, he needs to hve a proven track record in trading of various financial instruments ie equities, commodities, futures, forex etc. All in all, he surely posses an indept knowledge of how financial market works and his ability to position his employer to take advantage of the market votality to generate huge profits. His employer must surely be convinced of his potential inorder to be placed on the front line. This type of opportunities are rarely given to local grads without proven track record not to mention a fresh grad.

So is likely btw private banking or trading.

Edureach
BrownBelt
BrownBelt
 
Posts: 578
Joined: Sat Nov 06, 2010 9:44 pm
Total Likes: 0


Re: What Job is this ?

Postby verykiasu2010 » Tue Jul 26, 2011 10:05 am

Edureach wrote:It's between coporate investment banking, private banking or trading.

Among the above, investment banking seems the least likely as any experience he has acquired is mainly thru internship. As for private banking, he needs to show evidence of his ability to secure high nett worth customers and sound knowledge of financial markets. In essence, his net working,superior salesmanship and marketing skills coupled with his track record in trading of equities and derivatives. The last one, trading, he needs to hve a proven track record in trading of various financial instruments ie equities, commodities, futures, forex etc. All in all, he surely posses an indept knowledge of how financial market works and his ability to position his employer to take advantage of the market votality to generate huge profits. His employer must surely be convinced of his potential inorder to be placed on the front line. This type of opportunities are rarely given to local grads without proven track record not to mention a fresh grad.

So is likely btw private banking or trading.


those jobs won't have starting pay of $20k per month lah ....$0.25 million a year is not possible for untested candidate.....a couple of years later is possible
verykiasu2010
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 11696
Joined: Mon Jan 04, 2010 11:06 pm
Total Likes: 2


Re: What Job is this ?

Postby ZacK » Tue Jul 26, 2011 10:21 am

Similar article below... http://www.edvantage.com.sg/edvantage/n ... aries.html
====================
NTU graduates drawing five-figure starting salaries
Edvantage | Tue Jul 26 2011
Survey by university showed one business graduate this year earning a $20,000 monthly salary.
SINGAPORE - Fresh out of Nanyang Technological University (NTU), some graduates are already earning five-figure salaries, reported the Straits Times.

One accounting graduate, Mr Clarence Lew, 23, who will receive his honours degree scroll this Saturday, declined to reveal his exact salary, but said it is close to $10,000.

He was offered a job at a top-tier investment bank as a sales analyst and started work five weeks ago. He told the Straits Times he had applied to more than 10 different banks, but his current employer was the first to make him an offer.

Mr Lew is among a handful of NTU graduates this year earning stratospheric salaries.

According to a preliminary survey done by NTU on this year's graduating class, the highest earner is a business graduate earning $20,000 a month in the financial industry.

Another graduate will be paid $10,000 as a software engineer. Both declined to be named.

Others like Mr Lester Lin, 25, have taken the route of setting up their own business.

Mr Lin earns more than $12,000 as co-owner and director of two tuition-and-enrichment businesses.

The reason behind the high salaries this year could be because the economy is doing well now, say human resource specialists, as companies dangle attractive pay packages to secure the brightest and most talented.

But Mr Josh Goh, assistant director of corporate services at recruitment firm The GMP Group, believes fewer than 10 fresh graduates secure five-figure salaries every year.

High salaries or not, NTU's survey also revealed that two-thirds of graduates this year have already landed jobs.

The university's convocation ceremonies began yesterday and will continue until Saturday. The 9,066 students make up the largest graduating class in NTU's history.

At yesterday's ceremony, Defence Minister Ng Eng Hen and his wife were present to watch their daughter Jill, 23, graduate with a Bachelor of Fine Arts in Visual Communication.

President S R Nathan and Education Minister Heng Swee Keat also attended the ceremony to witness the inauguration of Professor Bertil Andersson as the university's third president.
Last edited by ZacK on Tue Jul 26, 2011 10:37 am, edited 1 time in total.

ZacK
KiasuGrandMaster
KiasuGrandMaster
 
Posts: 2396
Joined: Sun Jul 13, 2008 9:19 pm
Total Likes: 0


Re: What Job is this ?

Postby Edureach » Tue Jul 26, 2011 10:29 am

verykiasu2010 wrote:
Edureach wrote:It's between coporate investment banking, private banking or trading.

Among the above, investment banking seems the least likely as any experience he has acquired is mainly thru internship. As for private banking, he needs to show evidence of his ability to secure high nett worth customers and sound knowledge of financial markets. In essence, his net working,superior salesmanship and marketing skills coupled with his track record in trading of equities and derivatives. The last one, trading, he needs to hve a proven track record in trading of various financial instruments ie equities, commodities, futures, forex etc. All in all, he surely posses an indept knowledge of how financial market works and his ability to position his employer to take advantage of the market votality to generate huge profits. His employer must surely be convinced of his potential inorder to be placed on the front line. This type of opportunities are rarely given to local grads without proven track record not to mention a fresh grad.

So is likely btw private banking or trading.


those jobs won't have starting pay of $20k per month lah ....$0.25 million a year is not possible for untested candidate.....a couple of years later is possible



Understand your position. However, this is a rare situation and it does occur rarely. This exceptional candiate probably has been trading the financial markets, locally and overseas and has demostrated his agility, his ability to move in and out of his trading positions quickly and profitably too.

On this occassion, he is a very good trader. Our swfs, take note!

Edureach
BrownBelt
BrownBelt
 
Posts: 578
Joined: Sat Nov 06, 2010 9:44 pm
Total Likes: 0


Next

Return to Recess Time