Ask A Headhunter!

[xtreamzz]

No i have not seen such instances. Because engineering is an area which requires deep technical knowledge, and one will not know about these technical knowledge unless one is an engineer

Most of them do not accept starting over because the pay cut is simply not worth it.

I see. But from a fresh grad s perspective there shouldnot be much of a ppay cut but more of a loss of time right? Or is it better if he just wait it out in the current job?

 

[Ayamachi]

I shall join in the bandwagon

Headhunter, I am 31 (32 in Sep 2015), with 6 years in IT, extensive systems administration and project management. Currently working in an educational institution that offers me huge discount on MBA (Finance) courses.

I've always been keen on finance and economics, but given the score back then in the late 90s, I cannot go in. I've a Bachelors in IT Applications & Business, having done modules in Business (surface level modules).

I am intending to sign up the MBA (Finance) and do a mid-career switch to banking, risk modelling and analysis or portfolio management if possible. Here are my questions:

1. You said the MA programme is suited for people who are younger than 35 when they first step in. Will my MBA help? Will my past (present career) be of any help to the new field?

2. Will the finance industry even consider accepting me as an MA-trainee? What should I do to stand out from the rest of the crop, assuming all of them are coming from fresh Bachelors/MBA background on Finance whereby I've work experience already (albeit not relevant)?

3. What should I expect in this new environment if I were to be selected? I've many banker/investment friends who are telling me to think twice, but coming from a HH like yourself, what are your thoughts?

Cheers

 

[wahkao3]

I shall join in the bandwagon

Headhunter, I am 31 (32 in Sep 2015), with 6 years in IT, extensive systems administration and project management. Currently working in an educational institution that offers me huge discount on MBA (Finance) courses.

I've always been keen on finance and economics, but given the score back then in the late 90s, I cannot go in. I've a Bachelors in IT Applications & Business, having done modules in Business (surface level modules).

I am intending to sign up the MBA (Finance) and do a mid-career switch to banking, risk modelling and analysis or portfolio management if possible. Here are my questions:

1. You said the MA programme is suited for people who are younger than 35 when they first step in. Will my MBA help? Will my past (present career) be of any help to the new field?

2. Will the finance industry even consider accepting me as an MA-trainee? What should I do to stand out from the rest of the crop, assuming all of them are coming from fresh Bachelors/MBA background on Finance whereby I've work experience already (albeit not relevant)?

3. What should I expect in this new environment if I were to be selected? I've many banker/investment friends who are telling me to think twice, but coming from a HH like yourself, what are your thoughts?

Cheers

tough
unless you have personal investment track record with 20% CAGR and low draw down
Here is a tip i picked up from an old timer investment banker interviewer
=======================================
Here is confirm working method to get into elite investment banking.No need elite Ivy league MBAs

Here is how to easily backdoor yourself into elite investment banking. 100% confirm work. No need networking or ivy league MBAs/CFA/ACCA/CPA. Its about showing tangible results where it really matters.

1) do investment yourself for at least 5 years. Make sure your investment returns more than 20% CAGR. Make sure your equity curve is nice, dont have much draw down. Make sure you log all your investments and leave audit trails.
2) Write "achieved 20% CAGR on personal investments with low draw downs. Track records available on request." on your resume. Plot your equity curve on your resume.
3) During interview, instead of them interview you, become you interview them. You can guai lan say "I make 20% CAGR myself, why should I come and work for you? What have you got to offer me?"

Just imagine you ish the interviewer. Surely u will hire someone with this kind of proven results right?
This method is not from me. This method ish taught by this shu shu.
He last time in goldmen sachs interview ppl and this is how he screen out candidates.

 

[Ask A Headhunter]

I see. But from a fresh grad s perspective there shouldnot be much of a ppay cut but more of a loss of time right? Or is it better if he just wait it out in the current job?

If the person doesn't mind starting from a much lower level then its fine. More of time loss.

I shall join in the bandwagon

1. You said the MA programme is suited for people who are younger than 35 when they first step in. Will my MBA help? Will my past (present career) be of any help to the new field?

Not really.

2. Will the finance industry even consider accepting me as an MA-trainee? What should I do to stand out from the rest of the crop, assuming all of them are coming from fresh Bachelors/MBA background on Finance whereby I've work experience already (albeit not relevant)?

I would say not very helpful and very difficult. the MA program is usually only reserved for people who score 1st class honors and have a proven track record. In fact for some companies like Citibank, it is so competitive that they interview 50 first class honors people from a lot of universities (both local and foreign), and only 2 get selected. (4% of cohort) . You must be able to prove to yourself 1) why you want to make the switch, and 2) how is your past experience relevant to your new role


3. What should I expect in this new environment if I were to be selected? I've many banker/investment friends who are telling me to think twice, but coming from a HH like yourself, what are your thoughts?

Do a lot of research on what you are getting yourself into because there is no turning back. Speak to more people in networking events, especially those who are doing the role now. More importantly, find out what kind of challenges they face or what part of the job is frustrating.

Cheers

 

[Ask A Headhunter]

 

[squidy]

Are you involved in oil and gas industry? If yes what do u think of this industry at the moment ?

 

[Ask A Headhunter]

Are you involved in oil and gas industry? If yes what do u think of this industry at the moment ?

No my company is not involved in oil and gas.

Highly competitive, big bonuses, but tough working conditions and difficult to get into due to the technical expertise required.

 

[ee-de-em-dubdew]

hello HH

recent grad here, is it okay to apply for corporate sales opening if i have no experience/track records?

i quite enjoyed talking/interaction while working a temp job doing sales, thinking of pursuing this path and see if its my cup of tea

 

[RoLanTo]

hello headhunter..

i want to ask..
in your database of record of salary/compensation..

can you let me know the..
Max monthly salary u have in record
Min monthly salary u have in record
for a IT Infra engineer with 5-10 years experience

In the following sector:
Financial Services/Telco/Oil n Gas/Govt

Thanku v much

 

[lcornwisky]

I shall join in the bandwagon

Headhunter, I am 31 (32 in Sep 2015), with 6 years in IT, extensive systems administration and project management. Currently working in an educational institution that offers me huge discount on MBA (Finance) courses.

I've always been keen on finance and economics, but given the score back then in the late 90s, I cannot go in. I've a Bachelors in IT Applications & Business, having done modules in Business (surface level modules).

I am intending to sign up the MBA (Finance) and do a mid-career switch to banking, risk modelling and analysis or portfolio management if possible. Here are my questions:

1. You said the MA programme is suited for people who are younger than 35 when they first step in. Will my MBA help? Will my past (present career) be of any help to the new field?

2. Will the finance industry even consider accepting me as an MA-trainee? What should I do to stand out from the rest of the crop, assuming all of them are coming from fresh Bachelors/MBA background on Finance whereby I've work experience already (albeit not relevant)?

3. What should I expect in this new environment if I were to be selected? I've many banker/investment friends who are telling me to think twice, but coming from a HH like yourself, what are your thoughts?

Cheers

i think they will check ur investment record

 

[Ask A Headhunter]

hello HH

recent grad here, is it okay to apply for corporate sales opening if i have no experience/track records?

i quite enjoyed talking/interaction while working a temp job doing sales, thinking of pursuing this path and see if its my cup of tea

Yes. Usually sales jobs don't require much if not any experience.

hello headhunter..

i want to ask..
in your database of record of salary/compensation..

can you let me know the..
Max monthly salary u have in record
Min monthly salary u have in record
for a IT Infra engineer with 5-10 years experience

In the following sector:
Financial Services/Telco/Oil n Gas/Govt

Thanku v much

$50,000 per month
$50,000 per annum

FS - 5k to 10k
Telco - 4k to 8k
Oil and Gas - 4k to 6k
Govt - 4k to 6k

Do note that in O&G and Govt, variable bonus is a big part of the compensation package, but the numbers i list are only base salaries.

 

[RoLanTo]

then if i ask in annual terms, how does it looks like for these 4 industries?

u mean max u have is 50k/month for 5-10yrs exp guy? can share which industry?

the lowest is 4k+/mth ? can share which industry as well?

Yes. Usually sales jobs don't require much if not any experience.



$50,000 per month
$50,000 per annum

FS - 5k to 10k
Telco - 4k to 8k
Oil and Gas - 4k to 6k
Govt - 4k to 6k

Do note that in O&G and Govt, variable bonus is a big part of the compensation package, but the numbers i list are only base salaries.

 

[Ask A Headhunter]

then if i ask in annual terms, how does it looks like for these 4 industries?

u mean max u have is 50k/month for 5-10yrs exp guy? can share which industry?

the lowest is 4k+/mth ? can share which industry as well?

The number i listed 50k and 4k is not in IT. I sort of misunderstood your question.

But in general.

Go for Financial Services (high basic salary) or Oil and Gas (huge bonus) for the money

Go for govt or telcos for stability. (good bonus and stable job)

Depends on your age and your risk appetite.

Do note that infra engineer is very subjective. Because in financial services there is infra which is only specific to FS.

 

[ClubberDude]

Hey bro,

For example a company is looking for a 3 years exp candidate but u only have 2 years 9 months, should u try ur luck and apply?

 

[Netherwind]

Nope.

My company does hires above 4k. (as per MOM licence) because some jobs pay less than others

Doesn't mean i do it.

Most of the roles i do start at 100k. I still do 4k roles now and then but a lot less than many years ago

hire above 4k as per MOM licence? may i know what licence?

 

[Ask A Headhunter]

hire above 4k as per MOM licence? may i know what licence?

My company under the old regulation.

But under the new regulation only got 2 type of license.

Above 7k and below 7k but my company since is an old company is still under the old regulation

Type of Employment Agency Licence

 

[Ask A Headhunter]

Hey bro,

For example a company is looking for a 3 years exp candidate but u only have 2 years 9 months, should u try ur luck and apply?

Yes. Even if you have 2 years can try luck and apply.

 

[wahkao3]

hello HH

recent grad here, is it okay to apply for corporate sales opening if i have no experience/track records?

i quite enjoyed talking/interaction while working a temp job doing sales, thinking of pursuing this path and see if its my cup of tea

yes, sales job is good life
==================================
Sales department is the most useless.Throw all the hardwork to backend,wine and dine with customer


The sales department is the most useless.

From what I observe in many companies, sales job are the most relax jobs around. Report show face to office in the morning, afternoon disappear. They can even dont report to work and openly go wine and dine, or play golf with customers on company's expense. Sometimes can even stay at home to sleep. And the boss wont care less. When the sales are down, they blame the economy, blame the product except themselves.

And the technical/back end guys have to slog to meet the project dateline, rush for delivery. Program and debug the software till the cows come home. Work OT like a dog and dont get paid extra OT pay. Sometimes even worse, the sales guy promise the customer the earth and the sky, and the poor technical guy have to find ways and means to deliver as promised by the sales guy.

At the end of the day, the boss will usually compliment the sales guy for securing the order. They get promoted faster. While the technical/back end guy get only a peanut 5% increment. Sometimes not enuff to even beat inflation.

Oh yea, not forgetting their transport allowance. A fresh grad with $3k can earn additional $1k with transport allowance. Where got so good, fresh grad earn $4k?

Comparing the amount of work and hours sales people have to put in to technical/back end people, do you think it is unfair? Do you face this situation at work too?



GPGT,see them wine and dine with customer like this

 

[wahkao3]

The number i listed 50k and 4k is not in IT. I sort of misunderstood your question.

But in general.

Go for Financial Services (high basic salary) or Oil and Gas (huge bonus) for the money

Go for govt or telcos for stability. (good bonus and stable job)

Depends on your age and your risk appetite.

Do note that infra engineer is very subjective. Because in financial services there is infra which is only specific to FS.

risk appetite? like investment like that!?
since need to take so much risk might as well setup your own business?

 

[ClubberDude]

Yes. Even if you have 2 years can try luck and apply.

Thx for the info bro.