HWZ Forums

Login Register FAQ Mark Forums Read

What should I take if I want to cross over from engineering to finance?

Like Tree8Likes
Share This Page
HardwareZone.com on Facebook
Reply
 
LinkBack Thread Tools
Old 14-06-2012, 03:13 AM   #16
Supremacy Member
 
maisatomai's Avatar
 
Join Date: Jun 2008
Posts: 6,260
you are not interested in finance, you only care about money.
If serena williams dun like tennis and love the money only, I don see a problem here
maisatomai is offline   Reply With Quote
Old 14-06-2012, 03:15 AM   #17
Supremacy Member
 
maisatomai's Avatar
 
Join Date: Jun 2008
Posts: 6,260
then engineering people are paid higher.. how about CFA starting salary? I heard only 2.5k..even CFA guy in malaysia only earned RM3.5k
.... Dunno whether are you trolling but a CFA has 4 yrs related working exp. if he is earning RM3.5k then something must be quite wrong
maisatomai is offline   Reply With Quote
Old 14-06-2012, 04:56 PM   #18
Supremacy Member
 
gld998's Avatar
 
Join Date: Feb 2008
Posts: 7,810
.... Dunno whether are you trolling but a CFA has 4 yrs related working exp. if he is earning RM3.5k then something must be quite wrong
yaya...3.5k with 12 months bonus....
__________________
Long Live Noisy Boy!!
gld998 is offline   Reply With Quote
Old 17-06-2012, 11:10 AM   #19
Supremacy Member
 
Join Date: Oct 2011
Posts: 9,464
do correct me if I am wrong.

For me, MFE means Masters of Science in Financial Engineering. Unless your MFE means something else....

It involves Finance fundamentals, economics, mathematics, programming and markets modelling algorithms, etc etc....

What I know is that they are usually at the back end doing financial analysis.

May I ask what is your impression of front office? Do you mind sharing your current position? As in which field of engineering are you in and your average results, etc?
I am studying mech engine at NUS. Havent entered yet. My impression of front office is they do sales. I have undertaken a few courses to improve my knowledge in finance.

I thought with MFE, at least will end up middle office?
honestedseller is offline   Reply With Quote
Old 17-06-2012, 11:11 AM   #20
Supremacy Member
 
Join Date: Oct 2011
Posts: 9,464
6-8k? Are we talking about Ringgit here?

Seriously if I graduate from msc finance and I get a 3.5k offer, I will bite it (Although this will be the same pay as a average fresh grad).
Thought MFE is a masters course. Can't even get a 5k job?
honestedseller is offline   Reply With Quote
Old 17-06-2012, 11:11 AM   #21
Supremacy Member
 
Join Date: Oct 2011
Posts: 9,464
Many of the Singaporean universities and their MBA programs are well recognized internationally - NUS MBA, NANYANG MBA, and SMU MBA, I don't think you'd necessarily have to travel overseas to one of the financial times top 10 business schools, but if you desire, there's always INSEAD and Chicago Booth, they've campuses right here in SG.
Is INSEAD and Chicage dist learning recognized by banks?
honestedseller is offline   Reply With Quote
Old 17-06-2012, 12:13 PM   #22
Supremacy Member
 
maisatomai's Avatar
 
Join Date: Jun 2008
Posts: 6,260
I am studying mech engine at NUS. Havent entered yet. My impression of front office is they do sales. I have undertaken a few courses to improve my knowledge in finance.

I thought with MFE, at least will end up middle office?
MFE is for back office, MAF for middle. I am in SMU MAF
maisatomai is offline   Reply With Quote
Old 17-06-2012, 12:53 PM   #23
Master Member
 
sAVaGEmP5's Avatar
 
Join Date: Jun 2002
Posts: 4,787
u only need 2 guys and a bloomberg terminal. 1 guy run the fund feeding, the other guy does the trading and portfolio management. A bb terminal only 2k/mth. The rest outsource to FT, like legal, IT acct, administration.

That shld more or less cover everything in finance. lol
gld998 likes this.
__________________
If u are still poor by age 35, you deserve it. - Jack Ma
sAVaGEmP5 is offline   Reply With Quote
Old 17-06-2012, 12:55 PM   #24
Master Member
 
sAVaGEmP5's Avatar
 
Join Date: Jun 2002
Posts: 4,787
btw there are about close to 200,000 finance... bankers, traders etc, who just got sacked. And finance jobs are international, meaning best players get it. With the new batches of ppl coming to work, i wonder where u can go... insurance ?
gld998 likes this.
__________________
If u are still poor by age 35, you deserve it. - Jack Ma
sAVaGEmP5 is offline   Reply With Quote
Old 18-06-2012, 12:46 AM   #25
Supremacy Member
 
Join Date: Oct 2011
Posts: 9,464
btw there are about close to 200,000 finance... bankers, traders etc, who just got sacked. And finance jobs are international, meaning best players get it. With the new batches of ppl coming to work, i wonder where u can go... insurance ?
Then how? just llst work as engineer?
honestedseller is offline   Reply With Quote
Old 18-06-2012, 12:47 AM   #26
Supremacy Member
 
Join Date: Oct 2011
Posts: 9,464
maisatomai- your inbox is full. tried to pm you. thanks
honestedseller is offline   Reply With Quote
Old 18-06-2012, 10:56 AM   #27
Master Member
 
Ah_keong's Avatar
 
Join Date: Jun 2008
Posts: 3,477
I am studying mech engine at NUS. Havent entered yet. My impression of front office is they do sales. I have undertaken a few courses to improve my knowledge in finance.

I thought with MFE, at least will end up middle office?
I see,

in this case you would need to get good results for your B.Eng degree before applying for MFE. If you are aiming for front office, i don think MFE would be required although it would be good to have
__________________
信じれば どんな悲しみにも負けはしない
Ah_keong is offline   Reply With Quote
Old 18-06-2012, 11:28 AM   #28
Master Member
 
Join Date: Mar 2006
Posts: 3,926
If serena williams dun like tennis and love the money only, I don see a problem here
Actually there is a problem. If she don't like tennis and love money only, she would not be training so hard to win. Lack of motivation.
blurbloco is offline   Reply With Quote
Old 18-06-2012, 11:33 AM   #29
Master Member
 
Join Date: Mar 2006
Posts: 3,926
Thought MFE is a masters course. Can't even get a 5k job?
What gives you the idea a Master degree holder has to be highly paid? If the market is saturated, a Diploma holder, a Bachelor, a Master and a PhD does not held any difference.
blurbloco is offline   Reply With Quote
Old 18-06-2012, 11:52 AM   #30
Supremacy Member
 
maisatomai's Avatar
 
Join Date: Jun 2008
Posts: 6,260
Actually there is a problem. If she don't like tennis and love money only, she would not be training so hard to win. Lack of motivation.
She said it herself in the interview

http://www.google.com.sg/search?q=serena+williams+hates+tennis&ie=UTF-8&oe=UTF-8&hl=en-gb&client=safari

Money is the motivation.

Last edited by maisatomai; 18-06-2012 at 11:56 AM..
maisatomai is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On