Word of wisdom2017-08-22T10:01:56+00:00

Word of wisdom

Word of wisdom

Which has better payoff – CFA or FRM? Here is my experience

April 21st, 2018|

The Question - CFA and/or FRM? Many people ask me this question when they see both CFA charter and FRM certificate after my name. The questions typically revolve around whether they should take CFA exams or FRM exams. The whole purpose is to land them a job in the finance industry. Considerations of CFA vs FRM Some have monetary considerations while others have career considerations as to what area do they want to focus. But it is all about one thing - who do you want to become and do you want to achieve certain career goals? In fact, before I took both exams, I didn’t have a good idea either. I have tested the waters by myself. Now I'd like to share with you honestly what I have experienced and what I think. Take note that this experience is limited by my skill sets acquired in school, the early part of my career, and my connection. I will talk about these factors later. How did I start with CFA and FRM? Before we dig further, let me provide you with a summary of my background. I have been an equity research analyst for more than seven years.  My research reports are read by many famous funds that you probably have heard of. I studied electrical engineering for my bachelor degree and computer science for my master degree. I landed my first job in the [...]

From CFA exams to investment jobs – How?

April 14th, 2018|

How to find an investment job after your CFA exam? Are you one of the many students who take the CFA exams every year? Are you thinking about the career options or looking out for jobs after the CFA exams? Thanks to its wide-ranging curriculum, once you passed CFA exams, you will have a lot of career choices in the finance industry. But today we are only going to talk about investment related jobs (we use CFA jobs thereafter) If you are trying to make a career switch into the investment industry, your chances are higher after your CFA Level 2 exams. There is no doubt that CFA is the gold standard in the investment industry. Once you have tried to apply for investment roles after exams, you will find that it is so hard to even get interviews. What is missing here? The big picture of demand and supply of CFA Jobs These days, having a CFA accreditation is important, but it is not enough. Just need to google it. According to news reports, a record 189,000 people took the CFA exams in June last year (2017). Almost half of those hail from the Asia-Pacific region (Source: Bloomberg).  The passing rate for Level 1 was 47%, and that for Level 2 was 47% (Source: CFA Institute) – much better than a decade ago. (Level 1 passing rate was about 35% back [...]

Career Success in the New Work Environment for Investment Professionals

July 17th, 2016|

I had an interesting read about Career Success in the New Work Environment , available at the CFA Institute website, which focuses a lot on self awareness, awareness of the environment and career planning and navigation. The e-book also offers interviews with successful finance executives to understand their career decision making processes, as well as detailed scenarios of how different finance professionals carve out their careers amid achievements and disappointments in both their career and lives. Apparently, work-life balance is not a given, but a cause of sacrifice at times. It is an outcome based on the work culture of our employer and our personal decisions. Something we must be responsible for, the benefits and the costs. Though written mostly from a Western work ethic and culture, some points remain close to our hearts. The big fives of personality fits to the need to be pro-active in planning our careers or in allowing big events to steer us on a different path. If you are short on time for the 120 page content and the subsequent 100 pages of interview Q&A with top executives, the CFA website also offers link to key portions of the book where key actionables and tools allow you to start planning your career. A recommended read. EY

How to profile yourself on LinkedIn and get hired

May 1st, 2016|

"Resume: a Written Exaggeration of only the good things a person has done in the past; as well as a wish list of the qualities a person would like to have." - Bo Bennett And what about your CV that everyone can now read? On LinkedIn, what do you want employers and your peers to know about you? Advanced Writing Strategies for Your linkedin Profile (video: 50 min) https://www.cfainstitute.org/en/research/multimedia/2012/advanced-writing-strategies-for-your-linkedin-profile Resume replacing CV? Recorded in 2012 and revisited by the CFA magazine in 2016, Jared Redick predicted in his video clip that the growing influence of LinkedIn would overshadow our own CV. Indeed, now our LinkedIn profile reaches out to an audience so wide that we ourselves may not fully comprehend, opening ourselves to opportunities never open before. One day, I may be contacted by a hiring manager, the next a business partner. Jared’s detailed presentation gave his audience a deep insight into how we should present ourselves on LinkedIn, from the choice of photo to what exactly we should write to be concise yet impressive in each section of our LinkedIn profile. By getting your profile right, both offline and online, you are off to a great start in securing your next career move. Write to us if you have any comments on writing your LinkedIn profile or CV.

Career Management Tip: So much more than job searching

April 19th, 2016|

"Things turn out best for the people who make the best of the way things work out." Art Linkletter Recently, I came across this short article, which advises that career management is not just about the job search that you do from time to time. It is a conscious effort that takes place all the time. You should be mindful and intentional about all aspects of your career, from delivering your best performance for your current clients and employer to thinking about job opportunities you might wish to pursue in the future. The short article also introduces a book on career management comprising the following elements: Building self-awareness Gaining environmental awareness Achieving a good fit between self and environment Planning ahead for your career For more details, you can read the article via the attached link. https://blogs.cfainstitute.org/investor/2014/10/30/career-management-so-much-more-than-job-searching/ If you feel that you need to enhance your career development, pls contact us.

Handy tools: Unofficial guide to banking

March 5th, 2016|

Saw these two free books online, which are useful for our students (url attached): Unoffical Guide To Banking: introduce various functions in the banking industry Jargon Buster: I would expect you to know at least 80-90% of all these terms if you already passed CFA Level 1 exam. Enjoy!

Banking and Finance Hiring Trend in Singapore

January 28th, 2016|

Our friend Loretta Chan has posted an interesting article in linkedin. Review and Forecast: The Corporate and Institutional Banking hiring trend in Singapore Increasingly, the spotlight is moving towards the so-called emerging second-tier banks, where, as compared with the bulge bracket banks, are relatively more proactive in hiring. Over the past few years, we at SpringboardTM observed similar things that hiring in regional banks for investment analyst role requires candidate to be versatile and can think out of box.  And despite weak hiring market (look at Barcap that just shuts its cash equity business in Asia), we continue to produce success stories. We have heard good news from our students and will update our audience soon. Do speak with us if you wish to know more about the success story and HOW it can happen to you & Stay tuned...

TED: Silverspoon or Scrapper?

January 17th, 2016|

Here's an motivating sharing from Regina Hartley, HR director at UPS on whether the company should hire Silverspoon or Scrapper? https://www.ted.com/talks/regina_hartley_why_the_best_hire_might_not_have_the_perfect_resume/transcript?language=en#t-330426 Best quote: Take this resume. This guy's parents give him up for adoption. He never finishes college. He job-hops quite a bit, goes on a sojourn to India for a year, and to top it off, he has dyslexia. Would you hire this guy? His name is Steve Jobs. Our Springboard's advanced program is designed to create challenges for students who will benefit from constructive feedbacks and becomes success story. From all walks of lifes, they nail the interview and enter the front office.

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