“Singapore job market is tough now” — Aspiring bankers resort to skipping university classes for multiple internships

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

One even said he withdrew from his university classes mid-semester to seize what he saw as a “once-in-a-lifetime opportunity.”

Singapore’s aspiring bankers are increasingly skipping classes to opt for multiple internships, a trend known as internship stacking.

Mr Kang withdrew from his university classes mid-semester to seize what he saw as a “once-in-a-lifetime opportunity.” After starting his internship in March, he spent two semesters away from school, likely delaying his graduation.“The job market is tough now, so this has given me a starting point for my career,” he said. Despite taking only one class to attend his internship, he had to pay S$5,750 in school fees.

The pressure to accumulate internships was especially intense for those targeting positions at top-tier banks like Goldman Sachs and JPMorgan Chase. These firms saw a surge in internship applications, making the process highly competitive. On the other hand, JPMorgan received 493,000 applications for 4,000 global internship slots, marking a 15% year-on-year increase in Asia-Pacific applicants.

Currently interning at a bank, Lee had to cram seven classes into her final semester to graduate on time.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Why Singapore firms are entering the German market, and how Enterprise Singapore is helping themEnterprise Singapore, which champions internationalisation, said it has seen a spike in companies exploring opportunities in Europe post-pandemic.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »