Thursday, May 29, 2008

Reply to your comments

Someone leave me a comment yesterday:

Case study 1:

Sex: Male
Degree: Graduate from NUS, Electrical and Computer Engineering, 1st class, year 2007
First job: Manager at a foreign bank in charge of loan, yes.. fresh degree graduate as manager


Does this guy have a degree in bank profession? With An EE degree he be employed as a manger in banking sector? How it come about?

Can explain... thanks...

He has only a degree in EE. There are many kind of banks in Singapore, there are some small bank where basically is a sales office that process loan.

For this case, he needs to deal with client, approve or not approve the loan, and that is all. The bank has all the spreadsheet designed for the loan approval procedure, so he needs to key in the data, talk to client, access the risk, and he will be countersign by 3 or 4 higher management.

He gets the title of "manager" could be:
1. He needs to deal with client, so the bank will give you a nice title.

2. In bank or some other company, they have a very flat structure, and fresh graduate can get a very nice title like "asst manager" etc.... And you may see many "vice president" in some cases.

3. You read from newspaper that some SMU fresh graduate can get starting pay higher than $5k or even $8k, so anything is possible!


Click here for more salary information on Financial



1 comment:

Anonymous said...

Financial industry
Job includes Daily trade processing, settlement, admin duties. recep duties,adhoc jobs

Ngee Ann Diploma in IT
First job(started may 2007)
pay: 1.5k
bonus: 7.5 mths

Is my pay very low?

Search for Job, Salary, Education, Seminar Information

Use the tag below to see more exciting salary reports.

Salary Info      Education      Jobs      Others
Financial
IT
Engineering
Salary & Increment
Discussions
     MBA
NTU Courses
Investment Seminar
Education Info
Seminar
     Jobs Opening
Resume Tips
News
Recession 2009
Funny & Meaningful
     Survey
Hong Kong
Australia

Last 5 Articles