TFIP IBF Data Analytics

roby79

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Why you like that ask...
I almost wanted to scold them.... they are just doing their job to template reply but we waited one whole year for this....

if fail just let us know hopes trashed....don’t give false hope... but then I thought perhaps we passed but no FIs shortlisted us that’s why they template reply...
I just hope, we can know the result whether we pass technical assessment the moment we finish and submit it. So at least we know ard we dont even need to wait for false hope getting interview. ..my status under evaluating..so just hope any FIs want to give chance and shortlist
 

roby79

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why ah, because me and my friend are in very interesting situations. Both of us got shortlisted for TA. He is a JC mathematics tutor and he is quite sure he got 100% everything right. We cross checked answers and i probably got 2 or 3 wrong. Then both of us havent heard anything yet. So I am wondering if it is age based or is it score based.

Wah...I am on my 40. so if they based on age an select young age people. then I lose hope ard.
 

Toonsy92

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why ah, because me and my friend are in very interesting situations. Both of us got shortlisted for TA. He is a JC mathematics tutor and he is quite sure he got 100% everything right. We cross checked answers and i probably got 2 or 3 wrong. Then both of us havent heard anything yet. So I am wondering if it is age based or is it score based.
If you really confident, then wait a while more.

Once again, I did say they never directly tell me. They just indirectly indicate FIs already started notifying. Then I get what they meant.
 

TooLaC

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If you really confident, then wait a while more.

Once again, I did say they never directly tell me. They just indirectly indicate FIs already started notifying. Then I get what they meant.

did u apply other track? or DA is ure only track?

i thought the Tech assessment was done on IBF part, and if u passed the TA then they will forward ure profile to the FIs, for them to handpick some to shortlist and interview.

I mean if IBF told u ure profile was sent to the FIs, then maybe still got hope?
 

Toonsy92

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did u apply other track? or DA is ure only track?

i thought the Tech assessment was done on IBF part, and if u passed the TA then they will forward ure profile to the FIs, for them to handpick some to shortlist and interview.

I mean if IBF told u ure profile was sent to the FIs, then maybe still got hope?
Nah. My profile was never sent to FIs de. Unless they passed or failed all still send. :s13:

Yes I only applied DA. Most relevant to what I wanted.
 

Shskda

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For those who mentioned certifications in DA /Python etc.
Can you please share where you got the certification done ?
 

alphabiz

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do self-study, then you can actually watch YouTube videos and learn. No need to do a paid course for Python or SQL. Only thing is you don't get a certification.
don't worry, i am 40 as well, i got 2 email from different bank, i think this program is just for us, mid- career switch!
 

Toonsy92

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don't worry, i am 40 as well, i got 2 email from different bank, i think this program is just for us, mid- career switch!

Congrats! Choose wisely the bank u intend work under. :)

Next year can ask your help for technical online assessment. :s13:
 

Lazyhorse

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Hi! Actually are there any people who graduated from this programme here or have started on the programme? I wonder if we can really apply the data analytics skills that we have learnt when we are engaged by the FI. I am afraid that the FI will just use us a cheap labour to do minion jobs.

Also, Im weighing out: would it be better if I give up a job to go into this programme VS I take a part-time course on data analytics while working now and try to find a permanent job instead? Any comments?
 

Toonsy92

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Hi! Actually are there any people who graduated from this programme here or have started on the programme? I wonder if we can really apply the data analytics skills that we have learnt when we are engaged by the FI. I am afraid that the FI will just use us a cheap labour to do minion jobs.

Also, Im weighing out: would it be better if I give up a job to go into this programme VS I take a part-time course on data analytics while working now and try to find a permanent job instead? Any comments?
3 most important points for me to you.

1. How old are you currently?
2. Do you need money desperately or experience?
3. Are you willing to spend 18months doing "internship" with no guarantee of permt employment.
 

jarrettoh

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Hi all,

UBS just emailed me to request for my updated resume. Interview date to be informed by end of the week. Email was sent at around 9 plus. I think the FI are rushing to interview the candidates and dish out the offer letter by next month, as planned. So sit tight guys, I think things will move fast in the next few weeks.

Regarding the discussion on whether it is better to take a part-time DA course then apply for permanent positions or TFIP, I think it depends on whether u are looking for DA in any industry, or DA in finance. I have tried applying for several types of positions in finance including DA. Most openings require past experience in finance/finance services, which I think most TFIP applicants do not have.

Thus, I would say, if you are thinking of DA in any industry, you can opt for own studies then apply permanent position. But if you want to get an inroad into finance, especially for STEM pals without finance exp, I feel TFIP is a backdoor into the industry.

Feel free to comment and discuss.
 

GoodBetterBest

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Hi! Actually are there any people who graduated from this programme here or have started on the programme? I wonder if we can really apply the data analytics skills that we have learnt when we are engaged by the FI. I am afraid that the FI will just use us a cheap labour to do minion jobs.

Also, Im weighing out: would it be better if I give up a job to go into this programme VS I take a part-time course on data analytics while working now and try to find a permanent job instead? Any comments?

This is also what I think could happen. It depends on the FI. I attended some of the interviews with the FI and past trainee, you can check them on the IBF facebook, probably still there. There are those who were offered permanent positions. But I think probably few... can ask IBF when you later on decide on signing up the program - the stats.

I think one should ask the FI what projects they have planned but not stop at the highlevels. If the FI could not produce a good plan, then there is a possibility that one would end up as cheap labour. Things like how mission critical the project is, who are the sponsors, how many people working on the project and so on... and possibly if it's a MAS project (with dateline from MAS). Get a sense of the commitment from the FI. Some may be daily operations, tag along and learn, which is possible. I think potentially CS may be in such a situation.

I would suggest that you take down all the details (and as much as possible). If the FI does not deliver on the commitments, then you can resign from the program as it does not benefit you. Yes, the program allows you to resign from it. But do remember that the FI does have a upper hand, they can (short of a good word) bad mouth you in the job market or blacklist you and you may not be able to join the company later on. But if it's really that bad, then you could based on the commitment, ask IBF to help you negotiate something with them.

As for the last part, if you think that you can get a job on your own with the DA skills, then why not ? But you really have to prove yourself given that you may not have a portfolio and experience.

But even if you are taken as cheap labour, it's a good opportunity to make good use of their resources to learn. eg, they may have all the software which you can use (and yes, ask them what software they using). Could be in DA case, PowerBI dashboard, Tableau and you can on your own build up a portfolio. Get exposure on all the software, get to know people and learn all the bank processes (processes and business knowledge impt !). It's very different from paper knowledge.

Timeout... cheers.
 
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