asker Posted July 24, 2001 Share Posted July 24, 2001 1) hot career opportunities? 2) Salary and trends? 3) Has the bursting of the tech stock bubble impact the IT job market? 4) What is the future of a career in Banking and Finance in the wake of Interest Rate deregulation? 5) Will the important of skilled labour in IT and Finance service affect the career prospects in these fields? Link to post Share on other sites
Tony T Posted July 24, 2001 Share Posted July 24, 2001 How does a university graduate find out about: 1) hot career opportunities? Job fairs, your university's placement center, newspaper advertising, headhunters, employment agencies, cold calls to large corporations, networking, etc. 2) Salary and trends? Trade publications, Internet newsgroups and forums, websites of individual companies, SEC filings, etc. 3) Has the bursting of the tech stock bubble impact the IT job market? No, not much. If you happen to be one who lost his job, you are impacted. Those people have to come back to the real world and do something meaningful for a living. Most of them are extremely smart, many made a lot of money, and they'll be just fine. There are lots of jobs out there for everybody. If you can't find one, create our own. Einstein did, Gates did, Edison did, Aristotle did, Jesus did, Bell did, Ford did and so can you. 4) What is the future of a career in Banking and Finance in the wake of Interest Rate deregulation? Interest rates have not been deregulated. I am speaking of the United States now. There were never any regulations on what interest rates a bank could charge for loans (except that they not be usurious, according to state law) or what they could pay. All of it is negotiable but bands and other financial institutions are forced to be highly competitive in the new economy. By some of your spelling, I'm guessing you live in Canada, UK, or Australia. You'll have to wait until someone who is familiar with those laws and regulatory agencies stops by to give you the current situation in your country. You will have a great future in banking and finance if you have the proper education. If you plan to be a bank teller for the rest of your life, you don't have much of a future. But if you can help the institutions in other ways, particularly in obtaining new depositors and customers, you can make a mint. 5) Will the important of skilled labour in IT and Finance service affect the career prospects in these fields? It will affect the career prospects of those who don't have proper training. But for those whose education and/or experience are in these areas, the sky's the limit. These are great fields to be in now no matter what country you're in...if you're good and if you're willing to do the work required. Link to post Share on other sites
asker Posted July 24, 2001 Share Posted July 24, 2001 Thanks so much for your detailed comments.They are extremely helpful. In HK, the Association of Banks has just crapped the Interest Rate Agreement,whereby all the banks offer more or less the same interst rates,on July 1.We are now seeing for the first time competitive offerings from different banks of different rates and also interest-bearing current (cheque)accounts.There will be consolidation in the banking industry ----------------------------------------------------------- How does a university graduate find out about: 1) hot career opportunities? Job fairs, your university's placement center, newspaper advertising, headhunters, employment agencies, cold calls to large corporations, networking, etc. 2) Salary and trends? Trade publications, Internet newsgroups and forums, websites of individual companies, SEC filings, etc. 3) Has the bursting of the tech stock bubble impact the IT job market? No, not much. If you happen to be one who lost his job, you are impacted. Those people have to come back to the real world and do something meaningful for a living. Most of them are extremely smart, many made a lot of money, and they'll be just fine. There are lots of jobs out there for everybody. If you can't find one, create our own. Einstein did, Gates did, Edison did, Aristotle did, Jesus did, Bell did, Ford did and so can you. 4) What is the future of a career in Banking and Finance in the wake of Interest Rate deregulation? Interest rates have not been deregulated. I am speaking of the United States now. There were never any regulations on what interest rates a bank could charge for loans (except that they not be usurious, according to state law) or what they could pay. All of it is negotiable but bands and other financial institutions are forced to be highly competitive in the new economy. By some of your spelling, I'm guessing you live in Canada, UK, or Australia. You'll have to wait until someone who is familiar with those laws and regulatory agencies stops by to give you the current situation in your country. You will have a great future in banking and finance if you have the proper education. If you plan to be a bank teller for the rest of your life, you don't have much of a future. But if you can help the institutions in other ways, particularly in obtaining new depositors and customers, you can make a mint. 5) Will the important of skilled labour in IT and Finance service affect the career prospects in these fields? It will affect the career prospects of those who don't have proper training. But for those whose education and/or experience are in these areas, the sky's the limit. These are great fields to be in now no matter what country you're in...if you're good and if you're willing to do the work required. Link to post Share on other sites
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