In the not so long-gone precedent, many career adviser were advising young populace seeking to
start out a job to go into finance. The financial market were doing well then, finance job was in
abundance and MBA schools were full with young students looking for to build a career in
finance. And the finance vacancies were, certainly, not limited to the financial market. With a
sturdy economy, finance graduates who could not get jobs in the financial market and investment
banks might quite easily be absorbed into trade and industry accounting job. Other would get hub
office finance job in the public service, as well as going was good.
Then the bubble burst.
The economy went into downturn mode, the financial market shrunk and finance graduates who
had taken up job with investment banks found themselves facing the axe, as the investment
banks are the worst affected by chaos in the financial market. And as if on cue, company, in a bid
to cut cost, were also cutting on their head counts, therefore also shaking the fortune of the
finance graduates who set up commerce and industry accounting job in the private sector.
So in the face of all this, what is the prospect of finance jobs?
It may seem counter-intuitive to say, however the future of finance job is still brilliant, in spite
of the present turmoil in the financial market. As it were, economists tell us that the present
economic chaos is mainly short-term to middle term, which is to say that it will not be with us
eternally. Which means that the populace who chose to follow a career in finance require not
regret their preference, as better times are coming. however even before the better times turn up,
the populace with finance background who are at present getting laid off may not find
themselves in the cold for too long.