Always do study at a university which has an influential alumnus.
Networking helps more than anything else when you are looking for a job or an opportunity to undertake a startup.
Please, be mindful of the fact that degree is just a decorative sketch framed for the walls.
Listening to a speech given by Late #Lee #Kuan Yew,
where he was advising undergrads about the paths they should pursue in 1994.
For Mr Lee, the #Oxbridge epoch was well over back in the 90s.
The #Yanks and their universities dominate the global corporate world and job networks.
The most interesting aspect of this speech made by then Minister Mentor Lee was that he encouraged Far-Eastern Asian Students such as the Singaporeans to do a first degree in Electrical Engineering and later back it up with an Ivy League #MBA.
What superb advice it was!
One should always do a first degree in a STEM-based subject, or at least study natural sciences mixed with arts/ humanities to expand the frontiers of knowledge.
Only, after getting a solid background in computation and methodology, one should move towards professional education.

One should listen to this man again and again!
Lee Kuan Yew was the Plato of the Postwar Era.
"Face the alternatives and avoid the discomfiture of many other countries"
Lee Kuan Yew

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More from @SAH16928046

22 Nov
You are an entry-level risk analyst at a financial institution working in investments/portfolio management?
What you need to do to make yourself relevant.
This thread is about that....
Dos and Don'ts of a #Risk Profession =>

Do not =>
1. Don't brag about your degree/uni
2. Don't brag about your mathematical skills
3. Don't brag about your academic knowledge
4. Don't brag about your being proactive compared to Audit or Compliance or any other back-office unit
Dos =>
1. Do bring yourself down to the level of those engaged in the front offices/sales, etc.
2. Do try to understand the Enterprise IT Systems, Enterprise and Business Architecture
3. Do integrate your silo with the ERM Program
4. Do always compare theory with reality.
Read 15 tweets
19 Nov
I am flabbergasted to study that South Korea, which has outstanding macroeconomic statistics, is lagging behind other countries in terms of creating jobs for young people!
Why is that?
#CHAEBOL
Actually, Macroeconomic Statistics are not always very helpful.
They give you the overall aggregate picture, which might help look at the larger picture.
What lies underneath that canvas is the real truth.
#India->
Excellent GDP Growth Rate track record since the 1990s opening up of the economy by #Narasimha Rao Govt.
The huge build-up in FOREX Reserves.
Massive growth in #FDI and Portfolio Institutional inflows.
But, the Avg. Indian struggles to find decent work, if any at all.
Read 7 tweets
6 Nov
Skill harvesting is akin to cropping agriproducts.
You till the fertile place, select the seeds, provide exposure to sunlight, start the soil sowing process, apply fertilizers, waters, and other chemicals, wait for the germination to turn into a crop, & start harvesting.
Governments that invest in Human Capital have benefited a lot in terms of socio-economic development.
It is not just about making money to sustain oneself, but, liberating a human being from slavery.
The political dividends reaped from such a policy are immense!
E.g. Singapore.
Compare #Singapore or other SE-Asian Nations with the Energy Rich Nations, which rely on #petrodollars in addition to Natural Gas/LNG Exports, such as the #GCC Nations.
The quality of economic development is completely different, in nations where knowledge capital exists
Read 16 tweets
4 Nov
A boss who initially forgives you for the mistakes you make and allows you to freely learn from the errors you commit during the early days is probably the best person you can work with.
Not everyone is so lucky.
I always say you choose your boss, and your organization early on!
A bad boss will destroy your career.
Many cannot or do not have the choice to select firms or individuals they work with.
That is a simple luxury.
Especially, in countries where poverty and unemployment exists, hence, young professionals don't have much choice.
Read 7 tweets
22 Oct
Why is Financial Risk Management important for students to select as an elective in a Banking, or Finance or Investments Specialization Pathway?
@GARP_Risk
@CQFInstitute
@CFAinstitute
@PRMIA
FRM became popular during the 1980s when some top Wall - Street Banks hired quants to develop Summary Portfolio Metrics and reports on a day-end basis. E.g. the techniques pioneered by JP Morgan, LTCM and other top banks paved the way forward.
The credit for the development and emergence of this new subject area from within the literary domains of both Financial Economics & #Actuarial Science that has revolutionized decision-making, problem-solving and structuring methods across industries goes to working professionals
Read 20 tweets
21 Oct
I still don't know why so many IAD Officials detested my work at some firms where I was chosen to work as a CRO/ Lead Risk Consultant?
After all, the Risk Desk and the IAD should work as partners, but, I do feel there is an unspoken rivalry between these two lines of defence.
Turfs warfare?
Internal Audit was the bespoke risk management desk before Risk Desks were set up by the corporate boards across the globe.
Auditing and Credits Departments at Banks are bigger adversaries of Risk as an independent reporting function compared to the business desks.
You can add #CFO in charge of Finance to the list of another back-office function/ department which hates to work with the #CRO, Chief Risk Officer.
I remember my encounter with a Head of Finance at a bank, who insisted on computing capital charges & CAR using @BIS_org weights
Read 5 tweets

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