Engineers Converted 2 "bankers"!?

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DaKnight (m)
Engineers Converted 2 "bankers"!?
« on: August 17, 2007, 05:28 PM »

what in heaven's sake is going on in this country? all our engineers are getting bank jobs!!! "No sweat, I am sure they are in the I.T. dept", u say. HELL NO!!! they are all marketers, ops staff,  u name it!!! Nairalanders, don't we think something should be done to stem this tide? i speak as an Engineer working in a bank,  Grin Huh Wink Angry Huh Huh
Banderas (m)
Re: Engineers Converted 2 "bankers"!?
« #1 on: August 17, 2007, 05:30 PM »

And why not? The Banking industry hires more people than any other industry. They also want people with analytical ability, hence the preference for engineers.
Dis Guy
Re: Engineers Converted 2 "bankers"!?
« #2 on: August 17, 2007, 05:36 PM »

that career move is still okay as long as they get some training in the core aspect of the job not marketing n co, But Biology students working in banks  Shocked
DaKnight (m)
Re: Engineers Converted 2 "bankers"!?
« #3 on: August 17, 2007, 05:53 PM »



Quote from: this Guy on August 17, 2007, 05:36 PM
, But Biology students working in banks Shocked
,
i've seen quite a lot of them too. !!! to cap it all i've seen Doctors in Banks!!!! what really piques me is that whenver Shell, Chevron, etc and the like hold tests, these ones( me included) turn up for it. 2 me it shows a level of dissatisfaction with what they r doing.  Undecided
damkollins (m)
Re: Engineers Converted 2 "bankers"!?
« #4 on: August 17, 2007, 05:58 PM »

Quote from: this Guy on August 17, 2007, 05:36 PM
that career move is still okay as long as they get some training in the core aspect of the job not marketing n co, But Biology students working in banks Shocked
My friend,it's only because of Job that an engineer will only work in a bank.Career-wise,there is nothing for an engineer in the sector.At best when you can't run out again,the next option is to go for MBA.It's really a BRAIN-DRAIN for the engineering industry and indeed a BRAIN-GAIN for the Banking sector.
But what can man do?After graduation,how many engineering firms are there for u?Virtually none!Julius Berger-only comes out in the news!The rest indeginous firms are ready to part with 20K for an engineering graduate!So tell me how he won't go to a bank whose minimum will be 50K?Are we not going to the same market?
It is the situation of the country that warranted this and I think it's high time COREN and NSE find something to do before we lost all our engineers to the banking sector.
Dis Guy
Re: Engineers Converted 2 "bankers"!?
« #5 on: August 17, 2007, 06:02 PM »

It has a lot to do with the society at the moment, after studying flesh and bones for several years why would any doctor want to work in the bank?

One can understand numerous openings in some big companies like shell and co but in a bank? what position will tehy move up to after the entry level?
I don't know how promotions are done in Nigerian banks but I guess people with finance/accounting/business management backgrounds are more likely to move up the career ladder in banks faster than microbiologist
kolahinmi (m)
Re: Engineers Converted 2 "bankers"!?
« #6 on: August 17, 2007, 07:53 PM »

Hi all,
   I so much like this topic because it has become a source of concern for me.I don't blame the engineers working in bank because our society does not place value on them.This guys study for 5 + X years only to be paid crumbles while his guys that were in Faculty of admin or Social Sciences get paid twice or thrice as much as he does,finally to cap it all he starts to receive all manner of insults if he decide to stay on the engineering line.The NSE has not come to face the fact that engineering is gradually dying in Nigeria instead of trying to stem this tide they are busy with other ventures.I believe the govt and the society should learn to place more value on this upcoming professional (engineers,doctors etc).Presently I am still in engineering line with aim of entering NSE so as to rewrite this anomaly.I believe the NSE has lost touch with the present reality.
shazeez (m)
Re: Engineers Converted 2 "bankers"!?
« #7 on: August 17, 2007, 08:31 PM »

True talk! One third of graduating engineers get to work in an engineering related company, another one third get bank jobs while the last one third will gladly grab any kind of paid employment they see. After all the dy/dx u go come go siddon 4 bank, so much for being an engineer!
okeyz (m)
Re: Engineers Converted 2 "bankers"!?
« #8 on: August 17, 2007, 10:51 PM »

It is the country that will be worse for it ,look at US there is a big decline of graduates studying engineering and oil related courses ,due to the massive retrenchment the oil and gas industry is known for ,now they are recruiting returning soldiers,mechanics,retired athletes,wrestlers e.t.c and training them as field engineers,it will soon get to that stage in this country when they will start begging people to study engineering courses with great incentives.

The old guys are getting near to their retirement and when they retire who will mann all the multimillion dollar oil and gas facilities in this country (thats is when they start working).
And i feel its because of the decay in the infastructures in this country ,the 4 refineries are not working ,ajokuta steel ind,is grounded and many other small and medium scale industries grounded coupled with the falling standard of education especially technical courses in the tertiary institutions,what do u expect?

After spending 5yrs + in school u can't just fold ur arms and let ur brain go dormant ! the banks are helping but that will not bring us at par with the industrialised nations of the world,Nigeria have the brains the resources and the capacity to be an industrialised nation ,but with ENGINEERS WORKING IN BANKS!!! Shocked it will take some time to achieve that.

The government has no plan for the Nigerian youth let alone graduates,there are some engineering graduates that will prefer to keep lookig for that oil and gas job were he knows he will be very relevant than work behind a counter or go begging for people to come and open account with their banks,but when the government has no plan in place for such dreams to be actualised u cannot blame the poor graduate,who wants to start reaping the fruits of his labour as they say "when the desired is not available ,the available becomes desired".

We engineers should take heart ,time will come when we will be the toast of the oil and gas ,manufacturing companies in Nigeria and beyond,things will definitely change ,just keep attending certification courses,because when it starts ,its going to be another "HURRICANE GET ANY AVAILABLE ENGINEERING GRADUATES".
zaree
Re: Engineers Converted 2 "bankers"!?
« #9 on: August 18, 2007, 12:12 PM »

u guys v all spoken well but to tell u d truth, i work in a bank n also studied engineering.i hv never regretd takin that decision but in as much as am dere am also searchin for engineering related jobz.do u hv 2 blame mi?In a country like nigeria i say once u re doin anytin n u derive pleasure at d moment with it my friend ride on.All we need to do is to be focusd n i gues u would smile at d end of it.focusd in d sense that i say i ve given myslf 2-3 years in banking get 1 or 2 things n move on n who say d experience is not relevant, i tell u it is. Do u ever think that one day this so calld engineers in the bank culd b d C.E.O of an engineering company n probable v business to do with other organisation like d bank etc,he/she can bring his experience to bear with d bank.To my engineering guys i say carry on.After all if don't have a job people would still critisize but b focus.Engineering for life,
extype
Re: Engineers Converted 2 "bankers"!?
« #10 on: August 18, 2007, 07:20 PM »

also an engineer with zenith bank. what can a brother do. they say at all at all na bad pass. lets all manage the bank first and pray for sth better.engieering 4 life.
DaKnight (m)
Engineers Converted 2 "bankers"!?
« #11 on: August 21, 2007, 05:24 PM »

havn seen all u guys have said, i b'lieve the issue here is a choice between cash n career!!! money talks Wink  heard of a popular engineering firm that pays 30k. its insulting Angry many, myself included, would rather take a plum bank job and pray the oil companies or the telecoms would notice us someday. others do a total career change and go 4 an MBA. either way, money talks Grin. shine ur eyes Shocked
othuke
Re: Engineers Converted 2 "bankers"!?
« #12 on: August 22, 2007, 09:34 AM »

DAKNIGHT. I just want to thank you for raising this topic. its really intresting and i just hope any of our Govt people,oil coy and telecomms personnel are reading all these post. Engine 4 life
oloolo
Re: Engineers Converted 2 "bankers"!?
« #13 on: August 22, 2007, 12:21 PM »

IT'S NOT THE BEST FOR THE ECONOMY, IT'S A BIG WASTE BECAUSE THE COST OF TRAINING AN ENGINEER IS BY FAR GREATER THAN THE COST OF TRAINING A  BANKER SO IT 'S A BIG WASTE, BUT IN THIS PEROID WHEN GRADUATES ROAM THE STREETS FOR JOBS ,A  BANK JOB IS BETTER THAT NO JOB OR SOME LOW PAYING ENGINEERING JOB WHERE U GET USED MORE LIKE A TECHINCIAN, ENGINEERS  WITH BANK JOBS  HOLD YOUR JOBS TIGHT,ME SEF DEY LOOK FOR ONE  Smiley
muchluv
Re: Engineers Converted 2 "bankers"!?
« #14 on: August 22, 2007, 01:15 PM »

a lot of we engineers don't really see the future. we are engroosed in this huge get money fast scheme. I'm also a victim wht do you expect when u finish school and u realize you have a lot on your shoulders,  i mean guys lets face the fact if you value the engineering proffesion then youy would accept the 30k job for a start and get the experience then we can face shell and all the other E&P as professionals wit experience. Its worth doing what you love,  but the bank pays what the hell?,
damkollins (m)
Re: Engineers Converted 2 "bankers"!?
« #15 on: August 22, 2007, 01:23 PM »

Quote from: DaKnight on August 21, 2007, 05:24 PM
havn seen all u guys have said, i b'lieve the issue here is a choice between cash n career!!! money talks Wink heard of a popular engineering firm that pays 30k. its insulting Angry many, myself included, would rather take a plum bank job and pray the oil companies or the telecoms would notice us someday. others do a total career change and go 4 an MBA. either way, money talks Grin. shine your eyes Shocked
Some pay as low as 18K.
REZIGIRL (f)
Re: Engineers Converted 2 "bankers"!?
« #16 on: August 22, 2007, 02:36 PM »

God bless the author of this thread. So we have a lot of engineers in this nairaland.

This is really a big concern to the engineering society in Nigeria. And I believe that's why we this generation of nigerian engineers should take our stand and not just accept anything less. Imagine us all being in NSE and the so called COREN, then definitely there'll be a future for engineers in this nation, because I can really see the passion with which contributions have been made in this thread.

I believe we can cause a change of event in this nation if we really want to. It's a pity I never registered as a student member to NSE while in school, so right now I have to wait till next year to meet the compulsory 4 years post graduation or 3 years working experience to become an active NSE member.

I also want to call on you guys out there, even those in the banks to show interest in this NSE and let's see how we can turn things around in this nation. Imagine the author of this thread as the NSE president, I am convinced he will do something and not just fold his arms.

Again, I agree with Muchluv, it's not all about the money. To me my career matters. I've not spent 5 stress filled years to study mechanical engineering to end up as a banker. I started with a 30k job after nysc in an engineering firm,  the pay's better now, but can't in anyway be compared with the experience I've gathered in this past 2 years. It's worth it, if that's ur decision. Even if I cannot enter shell, chevron and so on at a graduate level, I know that I'll definitely get there with my experience. Truth is I'm happy I accepted the offer then, because I was almost tempted to go for diamond bank because of the pay.

To all concerned, one love and I wish u all God's favour. Whatever u're doing now, banking or engineering, do it with all dilligence. A dilligent man will stand before great men.
mamto
Re: Engineers Converted 2 "bankers"!?
« #17 on: August 22, 2007, 05:12 PM »

ooh, oooooh, oooh what is happening in this country? i myself, i'm an engineer working with Oceanic Bank Int'l plc at Katsina. in the first place i had not wanted to go for the aptitude test, because i feel  is not my dream profession to work with. But later i was being counceled by my elders to accept it for the time being.
well, i am now in oppressions(funds transfer local). I may say the department is not that bad because most things are computer work, and it so happened that i know many bussiness application packages and i am very proficient in handling computer. that made it easy 4 me to grasped it fast.WELL THE WORK IS INTERESTING BUT I WOULD GO BACK TO MY PROFESSION IF ANY SLIGHTEST OPPORTUNITY WARRANT ITSELFE
ayanbukun (m)
Re: Engineers Converted 2 "bankers"!?
« #18 on: August 22, 2007, 07:39 PM »

I'm also an engineer with firstbank I'm a teller i.e in tellering. The good thing about banking and engineers it the rate at which we perform. but fellow engineers we need 2 get out quick, else we forget everything about engrg
dagashini
Re: Engineers Converted 2 "bankers"!?
« #19 on: August 22, 2007, 08:51 PM »

listen and listen good! banking is all about intellingence ,and intelligence can be found in any discipline or institution(basis of recruitment) but there are some strategic positions that some discipline cannot occupy.
Don't be sick if you studied marketing.
Marketing is not a professional job.Any body can market once you have the zeal and drive for success.Many marketing students can't even construct a good sentence.
Bsc does not make you an expert in a field,it is only when you begin to streamline(masters, doctorate) then you can say I have this knowledge,so I can do this job better.
bruce (m)
Re: Engineers Converted 2 "bankers"!?
« #20 on: August 22, 2007, 09:44 PM »

Some of you so-called engineer are beginning to bite the fingers (Banks) that are feeding you. Don't make the banking industry look like an irrelevant last resort. If you guys make it look like a trash bin, then who are the trashes been deposited into into? It is as important if not more important than the engineering field. Don't make it look less important. it is the most vibrant and recruiting industry in the country and a great catalyst for economic growth and development.
Dis Guy
Re: Engineers Converted 2 "bankers"!?
« #21 on: August 23, 2007, 01:18 AM »

@Bruce, i don't think anyone is making the accommodating banking sector thrashy, you have to understand some people's skills will be under-utilised and the career goals will remain unfulfilled in the long run if they don't go for extra course or a complete career change in the future

Quote
I also want to call on you guys out there, even those in the banks to show interest in this NSE and let's see how we can turn things around in this nation. Imagine the author of this thread as the NSE president, I am convinced he will do something and not just fold his arms.
lets be honest most of those chairman/president can only bark not teeth whatsoever, they'll probably have another workshop/seminar/talk shop the usually gathering -these drink ups are annoying common in Nigeria sha, they can't force the employers to pay, there are no standard market rate in the (local) sector so most people don't know how much they should be getting
ojesymsym
Re: Engineers Converted 2 "bankers"!?
« #22 on: August 23, 2007, 10:13 AM »

The truth is that no country can grow without paying attention to education and its technogical sector. When a nation is described as first world or industrialize, it is not because of the number of banks they have but their technogical development. All hands should be on deck to ensure that technogy grows in this country, because, it will benefit everyone. Right now, the banking sector absorbs so many people, what do u think would then happen if they were factories scattered all over, these factories would employ engineers, but they will not only need engineers, they will also need accountants, managers, marketers, etc. that will be the direct effect, don't forget that this will mean that the banks will have more money to contend with hence the need to employ more hands, other secondary companies will show up, that is not counting the tax that will accrue.
I feel that we engineers especially the youngs ones now should stand up and do something about the precedence. Our government have constantly shown that they cannot do anything, no need to rely on them, lets look up to Japan, China and other countries that have taken up such challenges. I believe we have the materials to make the required change but not the right initiative. Let us start something like a forum for engineers where we could share ideas, because, some have briliant ideas, others have the gift and the skills needed, some have the resources required others experience. We all will have a quota to contribute, let us get the ball rolling let us stop winning. there a number of things we can do, lets us take renewable energy for example and a host of others. we  will start a forum on what we should do to generate new innovations and do something first for ourselves and then translate to the nation, thanks
dellaz (f)
Re: Engineers Converted 2 "bankers"!?
« #23 on: August 23, 2007, 12:53 PM »

Hmmmm,i love this topic!
As an engineer i i would also like to say i find it apallin that
i should av to work in a bank! I mean after 5+x years in d UNI
it shldnt be, but then i also realize that we learn more of theories in school!!!!!!

Well i believe also that d fact that u've studied Engineering doesnt mean that's ur true callin
besides we are underpaid in most industries where u put ur skills to use. I think d only sector
that pays u ur worth is d Oil  Gas but then not evry1 can find a job there!

As much as it seems unappealing to work in a Bank,if d pay is good n u love what u do Y not?


DaKnight (m)
Re: Engineers Converted 2 "bankers"!?
« #24 on: August 28, 2007, 06:53 PM »

Quote from: bruce on August 22, 2007, 09:44 PM
Some of you so-called engineer are beginning to bite the fingers (Banks) that are feeding you. Don't make the banking industry look like an irrelevant last resort. If you guys make it look like a trash bin, then who are the trashes been deposited into into? It is as important if not more important than the engineering field. Don't make it look less important. it is the most vibrant and recruiting industry in the country and a great catalyst for economic growth and development.

amie, don't get us wrong. we love the banking industry. 4 some of us that work close to I.T, its cool. others would confirm that it is an interesting field(ie bankn). we r just lamenting the state of the nation.
IS THERE anyone IN THE HOUSE WHO CAN GET THESE THREAD TO STAKEHOLDERS? THOSE WHO CAN DO SOMETHING ABOUT THE TREND? Huh Undecided
bruce (m)
Re: Engineers Converted 2 "bankers"!?
« #25 on: August 31, 2007, 09:05 PM »

If that be the case, I concur and sympathise with the Engineers.

And pray that the appropriate authorities should do something about it.

More so that the development in the economy will be diversified.
obiugbe
Re: Engineers Converted 2 "bankers"!?
« #26 on: September 01, 2007, 02:52 AM »

my guys,let them work even in hospital theatres,afterall,that is what this country need.when they advertise 4 any position,they will tell you,100yrs experince and you should not be more than 24yrs.
i don tire 4 this stagnant nation.
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