TFIP IBF Data Analytics

[Databull]

If you really wish to career switch to IT, it is still possible without TFIP, that is only if you are rejected.

Anyway for me I deliberately get some IT certificate (with examinations) as a way to make up for lack of experience. But that can only get you shortlisted into interviews, and it is all depending on how demanding the hiring manager is.

I have advanced Python and Excel Analytics certificates but I think they are not powerful enough. Somemore, my experience is mainly from financial institutions/ banks. I find it strange that I am not shortlisted. Anyway, I shall find some part time jobs to earn some to do Masters in DA/IT if TFIP doesn’t choose me.

 

[Databull]

Same here Databull If this doesn't work out, the only thing I can do now is to find a job, and in the meantime try to beef up my resume and try again next year...

Truly agree. Will keep trying all avenues to survive this crisis.

 

[Databull]

Hi Databull, mind sharing why did you choose SGX?

I love it for its super data warehousing and being monopoly in Singapore. It doesn’t hire and fire easily. I just want a steady job and learn and grow well.

 

[demonsmile]

Anyways I also asked IBF and they replied that the FIs are still in the process of shortlisting. Interviews will happen from now till early Aug and they'll contact me if I'm shortlisted for an interview. Sounds like a standard reply that they give to everyone though, so not gonna keep my hopes high.

 

[Kingdom]

I know that hiring managers generally do not look up on programming based certificates.

Hi bro, may I ask what do u mean by :
(1) programming based certificates
(2) hiring managers generally do not look up on such kind of certificates. Was it bcoz they only value FT Degree in IT or Comp Science in local U?

 

[rockmylife89]

Hello Databull, did you do Caliper assessment?

I really hope SGX haven't really finalised the list. It's kinda sad to hear from IBF that my name is not found in the list, but not sure if it is a pending list or not. Anyway, I did not receive any invite for Caliper test for SGX till today.

 

[j4yp33]

I have a CS degree so I didn't bother with coding lanaguage certs. Also, I don't think it's valued by HR and hiring managers.

Instead, I chose to take agile / scrum certs, and cloud certs. This type HR see already then will song.

Just me 2 cents la.

 

[Databull]

Hello Databull, did you do Caliper assessment?

I was not invited to do the test yet.

 

[j4yp33]

Personally i find cloud certs more useful than agile based certificates.

By the way since you have CS degree, with some additional hard work, shouldn't you be able to get most other IT jobs?

Anyway for myself I do not have CS degree and i spent my first 4 years after graduation working in maritime industry before i converted to IT.

I think many companies are "agile" now because it's a buzzword now. So I got it just to tick the checkbox.

I applied to more than 300 positions since march. Don't have any offer yet. 90% ghosted. Received some HR interviews and technical tests here and there but no luck as of yet. So tfip it is I guess...

Cs degree doesn't mean its easy to get job haha. These days anybody can code after following some tutorials online. And also we're competing with a global talent pool.

 

[datageek]

I think many companies are "agile" now because it's a buzzword now. So I got it just to tick the checkbox.

I applied to more than 300 positions since march. Don't have any offer yet. 90% ghosted. Received some HR interviews and technical tests here and there but no luck as of yet. So tfip it is I guess...

Cs degree doesn't mean its easy to get job haha. These days anybody can code after following some tutorials online. And also we're competing with a global talent pool.

hi j4yp33,

from your post, i believe you are in between jobs now, right?

300 jobs applied since march ... wow that's alot man. i understanding that the whole world is going through the covid crisis right now. in normal times, i believe, that a software engineer will have many recruiters knocking on your door.

the govt through the media is painting a rosy picture of the tech industry, saying that it is still growing and encourage people to take up tech roles through re-skilling and up-skilling. the rosy tech landscape painted is contrary to the jobless situation of some fellow brothers here who are out of jobs, especially your case whereby you are already an experienced software engineer.

so, i guess, the job situation out there is really badly affected by the covid crisis such that companies are wary of hiring now, even in tech related roles.

btw, did dbs manage to reply and interview you? any further update after your deutsche and citi interview?

let's hope the covid vaccine will be ready soon to instill confidence in the world economic turnaround and recovery for the betterment of everyone of us.

 

[Databull]

I think many companies are "agile" now because it's a buzzword now. So I got it just to tick the checkbox.

I applied to more than 300 positions since march. Don't have any offer yet. 90% ghosted. Received some HR interviews and technical tests here and there but no luck as of yet. So tfip it is I guess...

Cs degree doesn't mean its easy to get job haha. These days anybody can code after following some tutorials online. And also we're competing with a global talent pool.

I agree with you. CS is not the king, but will get you the foot in the door compared to my Business degree which has little help in getting DA/DS jobs. True enough, global tech talents are abundant, even more with fintech retrenchments today. I can access a list of tech guys being fired by fintech APAC and gosh, growing long list.

Now with the collapse of Wirecard, 300 SG staff flood the market. Take care guys. May start part time delivery for the time being if need be. Time waits for no man.

 

[datageek]

I agree with you. CS is not the king, but will get you the foot in the door compared to my Business degree which has little help in getting DA/DS jobs. True enough, global tech talents are abundant, even more with fintech retrenchments today. I can access a list of tech guys being fired by fintech APAC and gosh, growing long list.

Now with the collapse of Wirecard, 300 SG staff flood the market. Take care guys. May start part time delivery for the time being if need be. Time waits for no man.

hi databull,

sorry to hear that you are in-between jobs because of the covid situation. once the covid blows away, jobs will definitely come back again. jia you don't lose hope. what's your previous role in the banking industry if you don't mind letting us know?

i understand that the govt has come out with some schemes like skillsfuture credit to offset reskill-upskill courses. it is definitely a good time to do it now while looking for jobs.

 

[j4yp33]

hi j4yp33,

from your post, i believe you are in between jobs now, right?

300 jobs applied since march ... wow that's alot man. i understanding that the whole world is going through the covid crisis right now. in normal times, i believe, that a software engineer will have many recruiters knocking on your door.

the govt through the media is painting a rosy picture of the tech industry, saying that it is still growing and encourage people to take up tech roles through re-skilling and up-skilling. the rosy tech landscape painted is contrary to the jobless situation of some fellow brothers here who are out of jobs, especially your case whereby you are already an experienced software engineer.

so, i guess, the job situation out there is really badly affected by the covid crisis such that companies are wary of hiring now, even in tech related roles.

btw, did dbs manage to reply and interview you? any further update after your deutsche and citi interview?

let's hope the covid vaccine will be ready soon to instill confidence in the world economic turnaround and recovery for the betterment of everyone of us.

1 interview with dbs, citi and db. No updates yet.

Agree that gov is painting a very rosy picture. Companies want people that can "hit the ground running", as quoted by a HR. So many technologies out there and it's impossible to be proficient with every one of them.

 

[Dalias]

i already know someone who got called up by Dymon, and cleared the 1st round of interview and waiting for the 2nd round...

Yes, its the DA track. Heard it wasn't that easy also. Need to have finance knowledge.

 

[Databull]

hi databull,

sorry to hear that you are in-between jobs because of the covid situation. once the covid blows away, jobs will definitely come back again. jia you don't lose hope. what's your previous role in the banking industry if you don't mind letting us know?

i understand that the govt has come out with some schemes like skillsfuture credit to offset reskill-upskill courses. it is definitely a good time to do it now while looking for jobs.

My previous roles in banking are all sales roles. But it’s a brutal battlefield to stay long. Life is a struggle, it depends which battleground you prefer to bleed and sweat for the glory.

 

[Ms.FindingMoney]

Hello people.

I've been lurking around for long enough. I too have a CS degree and is also finding it hard to secure a job. From what I observed, companies are hiring. But at the same time, they are also only hiring the best with the least amount of money possible. I have people coming to me trying to negotiate my salary even before any interview is given. It is upsetting, to say the least.

And from my observations, I can attest that the FIs do prefer people with technical experience. I am being asked about my experience a lot. Some even go in-depth in areas that I am not proficient in.

Good luck everyone. Let's hope to see each other at the FIs of our choice!

 

[havetheveryfun]

Hello people.


And from my observations, I can attest that the FIs do prefer people with technical experience. I am being asked about my experience a lot. Some even go in-depth in areas that I am not proficient in.

Good luck everyone. Let's hope to see each other at the FIs of our choice!

u mean companies in general or the FIs participating in this ?

 

[Ms.FindingMoney]

u mean companies in general or the FIs participating in this ?

I mean the FIs participating in this. Note that so far the interviews that I have gotten are from Full Stack and Cloud Computing (which might be slightly more tech-heavy).

Seems that my perception of applicants need to change, there are quite a few CS applications for this program. I do not have CS degree myself though. Some Company are being totally unrealistic if they seek to hire the so called best with minimum salary. I seriously hope the 16 FI do not have such ridiculous mindset.

It might just be bad recruiters too. But even so not fun to receive those calls and/or negotiations.

If you have relevant technical experience, all FI will definitely prefer that. However the problem about these "technical experience" is that the hiring manager will impose a trap question asking "If you have technical experience in XXX company, why do you leave the company or intending to change job?". I also experienced similar stuff as you, they kept asking about my relevant experience and in depth on my weakness.

I think mine did not go that direction because my experience, though technical, were very different to what I applied for (so far my interviews are from Full Stack and Cloud Computing, both of which I do not have any experience in).

Anyway I hope that the FI will be open minded, especially when they are most likely paying about 30% of 5.5k per month and we are not within the company headcount in case anything goes wrong.

Yeah, another thing to note. I read from one of these TFIP threads about 5.5k being very high. Note that 5.5k is without CPF. Meaning it is a roughly 4.7k "pay". Which arguably still high, but definitely not as high as it looks.

I personally think the main pull to this course is really the learning aspect. Being paid to learn is just unbelievable.

 

[havetheveryfun]

Seems that my perception of applicants need to change, there are quite a few CS applications for this program. I do not have CS degree myself though. Some Company are being totally unrealistic if they seek to hire the so called best with minimum salary. I seriously hope the 16 FI do not have such ridiculous mindset.

this would be true if there were only like 10-20 applicants for each track or each FI.

when you have 100 over applicants to choose from for just 3-4 positions, naturally you would want to filter out "the best".

 

[havetheveryfun]

Yeah, another thing to note. I read from one of these TFIP threads about 5.5k being very high. Note that 5.5k is without CPF. Meaning it is a roughly 4.7k "pay". Which arguably still high, but definitely not as high as it looks.

I personally think the main pull to this course is really the learning aspect. Being paid to learn is just unbelievable.

if you just want the learning aspect and get paid to learn, can check out this:
https://www.ntuclearninghub.com/sgunitedskills/

just recently launched though so not sure how easy it is to apply for. u also get paid 1.2k a month for learning. but i would guess most won't want . as 5.5k is still one of the biggest draws of this program.dont lie to yourself