“Dan, I’m being paid less than a taxi driver!”.
My friend, who had just joined one of Asia’s largest hedge funds from a top university, burst out in anger. I had met him for lunch, expecting him to be animated, excitedly telling me about the new things he was learning, but he just sat there, sullen and seething.
I tried to sympathize, but knowing the industry I wasn’t surprised. And after a recent conversation with my co-founder about her brother’s panic at sourcing internships, I’ve realized how little young people know about the industries that they are joining.
I’ve asked a few of my friends, and with their input I am going to give a brief overview of finance starting jobs 101, at the request of the interns at Call Levels, and other young students wanting to enter the industry.
Hope this is useful. As for my “lowly paid” friend, he managed to force his way into a top tier bank as a better paid investment banker, where he realised that the real upside was interacting with the entrepreneurs he slogged for there, and then decided to make that jump himself.
Finance still remains very attractive for many people, including myself, especially with the growing excitement about Fintech disrupting and challenging the traditional space. Just like many other Fintech entrepreneurs, I started Call Levels with my co-founder with the mind to serve a gap in the industry — providing real time financial monitoring to bring convenience for all investors.
Switching from a banker to an entrepreneur was not the easiest route to take, but I’m certainly enjoying sharing Call Levels’ visions with other like minded people. Also, coming from a banking background allowed me to understand the industry better and that’s also how Call Levels came about. You can watch my interview with The Banker (a subsidiary of Financial Times) where I share more about Call Levels' business and our future plans.
Source: Call Levels