01-03-2004, 01:14 AM
<font face='Verdana'>
salaam all
hi derivativetrader, its really heartening tht u found my reply useful.
i totally agree with u tht further studies b persued only whn needed. but here in pakistan, the situation is tht masters degree iz almost virtually a must even for entry level jobs. let me add one more thing, many (almost all) business schools offer their bachelors-degree-holders a direct n uninterrupted entry into masters (MBA) program!!! ie, their BBAs can continue their MBA in a one-go without ne further prob. so u c, how imp a masters degree iz!!! u will hardly find ne job/vacancy tht addresses graduate/BBA degrees. a masters degree in the respective field is explicitly required by the companies. but dont worry abt other additional qualifications like CFA, ACII etc. these things r not compulsory for starting an entry level job. once u r in the business n have gained some 4-5 yrs exposure, thn these CFA becomes a very big plus bt it is not a must for starting job. in pakistan, let me clear u one thing tht CFA or ACII have a bit restricted domain as compared to ACCA, ACA, CIMA, CMA etc. u find CFAs only in financial institutes or some investment sectors. the reason might b tht volume of pakistani business activities is very small as compared to UK/USA/europe. most of the CFAs leave pakistan after completion. i dont discourage u from CFA. bt i just wanna show u the real picture. ur graduation from LSE n ur articleships with such big names will definetly get u good jobs in pakistan. bt remember tht u WILL need masters (MBA etc) for further promotions. u can get enrolled in ne good business school here, they dont need ne work experience at all. u can do it in evening/weekend session alongwith the job. i just wanna tell u tht employers in pakistan r damn conscious abt degrees. they can even prefer an average-GPA-holder-MBA over an excellent-GPA-holder-BBA person!!! plus, they r also conscious abt the institute from where u got ur masters degree!!! a person with just-average-GPA from a good-but-not-best-institute iz refered over a person with 3+GPA from an average-but-not-best-institute even if tht is recognized by the higher education commision n is a degree awarding institute!!! i literally dont wanna degrade pakistan at all but, fortunately or un4tunately, i can dare call spade a spade. the reason for all these weird things might b tht pakistan has very small business activities n ppl here have very limitted opportunities. so the employers demand for more n more n more ... from us 2 get the best cream out of us. these r the ground realities here n no one can deny it. u can confirm it from ne1 else on this forum as well.
so i suggest u tht if u wanna start career in pakistan thn do think seriously abt doing masters. u can postpone ur CFA if u think so bcoz CFA will not b a must in the initial jobs but a masters degree will b a real asset. after ur masters, u can do CFA at ur own pace without ne obligation from ur employers.
by the way, mr. derivativetrader, may i ask u one personal question??? why do u want 2 start ur career in pakistan??? ppl here in pakistan r always busy to quit this country as early as possibly, in the first-available-chance, for ever!!!! so will u let us all know wht do u think abt it n wht ur views r in comming back 2 pakistan??? it shall b valuable for many of us.
in the end, i say it again tht these r just my views n observations, u can disagree with me, i m not a pessimist but not an optimist as well. some other ppl might give u a different answer after "window-dressing" ... so make ur own decision.
</font id='Verdana'>
FARHAN
salaam all
hi derivativetrader, its really heartening tht u found my reply useful.
i totally agree with u tht further studies b persued only whn needed. but here in pakistan, the situation is tht masters degree iz almost virtually a must even for entry level jobs. let me add one more thing, many (almost all) business schools offer their bachelors-degree-holders a direct n uninterrupted entry into masters (MBA) program!!! ie, their BBAs can continue their MBA in a one-go without ne further prob. so u c, how imp a masters degree iz!!! u will hardly find ne job/vacancy tht addresses graduate/BBA degrees. a masters degree in the respective field is explicitly required by the companies. but dont worry abt other additional qualifications like CFA, ACII etc. these things r not compulsory for starting an entry level job. once u r in the business n have gained some 4-5 yrs exposure, thn these CFA becomes a very big plus bt it is not a must for starting job. in pakistan, let me clear u one thing tht CFA or ACII have a bit restricted domain as compared to ACCA, ACA, CIMA, CMA etc. u find CFAs only in financial institutes or some investment sectors. the reason might b tht volume of pakistani business activities is very small as compared to UK/USA/europe. most of the CFAs leave pakistan after completion. i dont discourage u from CFA. bt i just wanna show u the real picture. ur graduation from LSE n ur articleships with such big names will definetly get u good jobs in pakistan. bt remember tht u WILL need masters (MBA etc) for further promotions. u can get enrolled in ne good business school here, they dont need ne work experience at all. u can do it in evening/weekend session alongwith the job. i just wanna tell u tht employers in pakistan r damn conscious abt degrees. they can even prefer an average-GPA-holder-MBA over an excellent-GPA-holder-BBA person!!! plus, they r also conscious abt the institute from where u got ur masters degree!!! a person with just-average-GPA from a good-but-not-best-institute iz refered over a person with 3+GPA from an average-but-not-best-institute even if tht is recognized by the higher education commision n is a degree awarding institute!!! i literally dont wanna degrade pakistan at all but, fortunately or un4tunately, i can dare call spade a spade. the reason for all these weird things might b tht pakistan has very small business activities n ppl here have very limitted opportunities. so the employers demand for more n more n more ... from us 2 get the best cream out of us. these r the ground realities here n no one can deny it. u can confirm it from ne1 else on this forum as well.
so i suggest u tht if u wanna start career in pakistan thn do think seriously abt doing masters. u can postpone ur CFA if u think so bcoz CFA will not b a must in the initial jobs but a masters degree will b a real asset. after ur masters, u can do CFA at ur own pace without ne obligation from ur employers.
by the way, mr. derivativetrader, may i ask u one personal question??? why do u want 2 start ur career in pakistan??? ppl here in pakistan r always busy to quit this country as early as possibly, in the first-available-chance, for ever!!!! so will u let us all know wht do u think abt it n wht ur views r in comming back 2 pakistan??? it shall b valuable for many of us.
in the end, i say it again tht these r just my views n observations, u can disagree with me, i m not a pessimist but not an optimist as well. some other ppl might give u a different answer after "window-dressing" ... so make ur own decision.
</font id='Verdana'>
FARHAN
