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Viewing 11 posts - 1 through 11 (of 11 total)
  • Profile photo of AsokaAsoka
    Participant
    @asoka
    Join Date: 2008
    Post Count: 7

    hey, I am currently 19 years old and am studying bachelors of commerce at Monash University 2nd year and also completed a cert 4 in mortgage brokering recently, became an owner builder mid last year and should also be finishing my diploma in mortgage brokering and diploma in financial planning in a few months. So after all this running in circle's I have decided to transfer from being on campus student to being an off campus student in my last year and either work or do an apprenticeship/trainee ship but I don't know if this would be wise. My ideal goal would be to be a developer or work in an investment bank. Any advise would be much appreciated bad or good.

    Profile photo of ducksterduckster
    Participant
    @duckster
    Join Date: 2004
    Post Count: 1,674

    Get as much work experience related to your degree as you can.
    Graduate recruitment are very self centred towards graduates having experience.
    You may be able to lower your on campus study load and still work.
    I made the mistake of doing my commerce degree ASAP and then found my marks were not high enough, my age was too much, my weight was to much and my experience was not enough. Still looking for work of any kind. Wish I had done an apprenticeship instead of University.

    Profile photo of Matt_ArnoldMatt_Arnold
    Participant
    @matt_arnold
    Join Date: 2006
    Post Count: 142

    Hey Asoka

    I have to agree with Duckster mate.

    If your going to work, aim to get a job that will give you field experience to back up your qualification.

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    I agree it would be good to start working asap – to get both money and experience. Keep studying full time off campus while working.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://www.Structuring.com.au
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au

    Profile photo of EleaElea
    Member
    @elea
    Join Date: 2011
    Post Count: 24

    It’s a big help if you have lots of experience in working so that it will be easier for you to get a perfect job once you graduated.

    All the best,

    Elea

    Profile photo of JackFlashJackFlash
    Member
    @jackflash
    Join Date: 2011
    Post Count: 66

    Europe just laid off 67,000 bank staff…. the US about 10,000 so far. And there’s a lot more to come. Financial services and banking will be oversupplied with skilled experienced personnel for years to come. Property has been over-cooked for 2 decades and isn’t likely to offer much in the forseable future. Property will be(is) high risk and low returns (if any) over the coming years. You’ll probably have better odds and lower risk at the casino.

    Think economic collapse (global) and try to figure out where the opportunities lie in the future once the dust settles and the rebuild begins. Many ppl will make fortunes in the coming economic meltdown. It won’t be in merchant banking (you won’t get a job there because half the banks and financial companies will fail) or property in the short term. 3-5 years out you might make a killing on property if you’re cashed up

    Jack

    Profile photo of M.InvestigatorM.Investigator
    Member
    @m.investigator
    Join Date: 2012
    Post Count: 134

    Like you I did something similar.

    I was doing a uni degree in Sydney, but I figured out that experience was the most important thing to get to my goals fastest. I left my degree for a bit, and did internships/volunteer work and worked to get experience while also studying my degree by correspondence. I believe the real world experience is most important thing to be successful for your career, especially while you're young.

    Good luck! You mentioned you wanted to be a developer, did you mean a real estate developer?

    Profile photo of Jacqui MiddletonJacqui Middleton
    Participant
    @jacm
    Join Date: 2009
    Post Count: 2,539

    I work in the banking industry and I am never asked to produce evidence that I attended uni.  Actually that is a lie… I was asked once and I laughed and said I had no clue where that piece of paper was now, with all its irrelevance so many years down the track.  While I did indeed go to uni, I did not study subjects directly related to my current profession and frankly nobody cares.  Once you've been out of uni for 2 years or more, nobody cares about seeing the bit of paper any more.  It's the experience that counts. 

    While going to uni to make forward movement in life is better than doing nothing, it is not always the case it is the best idea for every person.  Plenty of tradies out there that did apprenticeships and became minted before they turned 30 by investing in real estate, and opening their own businesses and hiring others to do the hard yakka.

    Jacqui Middleton | Middleton Buyers Advocates
    http://www.middletonbuyersadvocates.com.au
    Email Me | Phone Me

    VIC Buyers' Agents for investors, home buyers & SMSFs.

    Profile photo of mattstamattsta
    Participant
    @mattsta
    Join Date: 2011
    Post Count: 604

    I agree with other posters. It is important, especially in nowadays economy, to get as much professional experience as possible. My advice is to get a professional job as soon as possible.

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    JacM wrote:
    I work in the banking industry and I am never asked to produce evidence that I attended uni.

    Yep, I can relate. I spent 4 years at Uni almost a decade ago – not once during my PAYG days was I asked to show any evidence of having Uni qualifications. Now that I'm self employed – the Uni qauls don't play a part at all. I'm sure the 4 years have shaped me in one way or another but experience, motivation and a bit of ambition outweigh a piece of paper IMO.

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Totally agree with the others.

    Still have Richard Lipsey's Mastering Economics book i studied for 3 years.

    It is 5 inch's thick and all we use it for know is a door stop.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

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