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Job Hunting in the City looking up?

1356

Comments

  • bendix
    bendix Posts: 5,499 Forumite
    wolvoman . . please stop speaking sense on this forum. Truths are not welcome. Objective well-articulated facts have no place here.

    We much prefer to deal in unthinking blind prejudice.

    We read it in the Mirror, dinwe, so it must be true innit?
  • socrates
    socrates Posts: 2,889 Forumite
    Was looking for something like this on MSE

    My son has just finished his first year 'A' Levels English, History, Classics and Maths - which has proved a big step up from GCSE (Maths that is)

    Career wise he was looking at Law - however we have been reading about hundreds of graduates unemployed in this field.

    So we looked for a plan B/C - Psychology, Chartered Engineering - he is not interested in Medicine and has not taken any Sciences anyway.

    His character is such that he is best to do a degree that takes him straight into a job - however that is what everyone must be thinking that.

    Who knows?

    Should he stick with Law hoping that in four years time everything is OK - or try for something else.

    With the 'A' levels he is taking does anyone have any suggestions for a good course to follow?

    Strictly speaking this should be in one of the Student Forums but I suppose he can ask his questions there himself.

    Any advice welcomed....
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    socrates wrote: »
    His character is such that he is best to do a degree that takes him straight into a job - however that is what everyone must be thinking that..

    He'll still need an additional year for profeesional exams afterwards.

    IMO there is no question in my mind law was oversubscribed when DH was looking for contracts. Some firend have rsigned them selves to other careers (including those with good first from redbricks before law conversion). Some have used law to help them find place in other comprimised fields (two engineers are a good example, one was a conversion after an engineering degree from Oxford, one was a mature student who wanted a change of course, both have said to us they feel more scure in their jobs with the ''law thing'').

    Also, DH applied to a lot of american firms who are said to like law students (not converts) and not mature students ...neither transgression has held DH back. ;)

    I wonder if a lot of people will try converting instead of entering the work place ATM, risk of further oversubscription? I'm interested in Bendix's take on things.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    edited 18 June 2009 at 3:00PM
    wolvoman wrote: »
    Banks have been loaned the bailouts not given.

    When the banks resume profits, a large chunk of it will be given back to the taxpayer.


    That is not the case when the government spends extra public money on all those equality outreach advisers.

    And where did the money needed to lend to the banks come from.

    What guarantees do we have that the banks will resume profits.

    None.

    Edit: also in a fractional reserve system where do bank profits even come from. Not exactly a win-win for the taxpayer is it.

    I would much rather have the outreach workers thanks, if youre talking about jobs that provide a measurable positive output, rather than just cherry picking profit from other peoples labour.
  • Yakubu22
    Yakubu22 Posts: 640 Forumite
    500 Posts
    Generali wrote: »
    Yes, they have a couple of them and for some reason they keep them in their shirts rather than in their necks. Must be an Asian thing I guess.

    Or big flapping hands?
    "For those who understand, no explanation is necessary. Those who don't understand, dont matter."
  • bendix
    bendix Posts: 5,499 Forumite
    And where did the money needed to lend to the banks come from.

    What guarantees do we have that the banks will resume profits.

    None.

    Edit: also in a fractional reserve system where do bank profits even come from. Not exactly a win-win for the taxpayer is it.

    I would much rather have the outreach workers thanks, if youre talking about jobs that provide a measurable positive output, rather than just cherry picking profit from other peoples labour.


    Do you bother to read the papers? The banks are back in profit already, and they are repaying the loans ahead of schedule. Similarly, several are raising capital through rights issues to repay the loans.

    What more do you want, exactly?

    I notice you didnt address the issue of the Government buying ownership of the banks. As I said, with recent bank share price hikes, that has proven a very good investment and the Govt could sell for a vast profit now if it wanted.

    You have obviously decided your position on this already (without knowing the slightest thing about it), so there's not much point debating it, is there?
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bendix wrote: »

    I notice you didnt address the issue of the Government buying ownership of the banks. As I said, with recent bank share price hikes, that has proven a very good investment and the Govt could sell for a vast profit now if it wanted.

    I would be very surprised if that was true, eg I thought they bought into RBS at around 75-80p, I may be wrong though as that is just from memory.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    socrates wrote: »
    Was looking for something like this on MSE

    My son has just finished his first year 'A' Levels English, History, Classics and Maths - which has proved a big step up from GCSE (Maths that is)

    Career wise he was looking at Law - however we have been reading about hundreds of graduates unemployed in this field.

    So we looked for a plan B/C - Psychology, Chartered Engineering - he is not interested in Medicine and has not taken any Sciences anyway.

    His character is such that he is best to do a degree that takes him straight into a job - however that is what everyone must be thinking that.

    Who knows?

    Should he stick with Law hoping that in four years time everything is OK - or try for something else.

    With the 'A' levels he is taking does anyone have any suggestions for a good course to follow?

    Strictly speaking this should be in one of the Student Forums but I suppose he can ask his questions there himself.

    Any advice welcomed....


    (i) he doesn't actually have to do a law degree to pursue a career as a solicitor or barrister - although he would have to do a 1 year post grad course if he didn't have a law degree.

    (ii) in my view, it really depends on what grades he got and what university he can get into to read law. that said, if he really wants to do law and is interested in it, he should; as long as it's from a decent university and he gets a 2:1 it won't shut many doors.

    (iii) if he's thinking of the barrister route - do a lot of research - it's really hard to get a pupillage; most who try don't make it and end up in a lot of debt trying. better chance if oxbridge, but not guaranteed.

    really though, i don't think there's any point in deciding what he wants to do before university, too young to know. my thoughts are: go to uni, enjoy it, make sure you get a 2:1, then think about what you want to do.
  • socrates
    socrates Posts: 2,889 Forumite
    (i) he doesn't actually have to do a law degree to pursue a career as a solicitor or barrister - although he would have to do a 1 year post grad course if he didn't have a law degree.

    (ii) in my view, it really depends on what grades he got and what university he can get into to read law. that said, if he really wants to do law and is interested in it, he should; as long as it's from a decent university and he gets a 2:1 it won't shut many doors.

    (iii) if he's thinking of the barrister route - do a lot of research - it's really hard to get a pupillage; most who try don't make it and end up in a lot of debt trying. better chance if oxbridge, but not guaranteed.

    really though, i don't think there's any point in deciding what he wants to do before university, too young to know. my thoughts are: go to uni, enjoy it, make sure you get a 2:1, then think about what you want to do.

    He definitely does not want to go down the barrister route.

    But I appreciate the advice

    We have arranged an appointment to see the department in charge (careers officers) at his school - they said they always have an 'open door' - at £11k per annum we shall see how open that door is!
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 18 June 2009 at 4:15PM
    obviously there's no harm in that - but i remember my careers advisor at school. all i can say is would you want to take career advice from someone whose career is being a school careers advisor?! half of our year were told they should be farmers.

    would be better off doing work experience at a law firm and talking to some solicitors about it, in my view.
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