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The Sad Reality Of Nigeria Master Degree Holders - Jobs/Vacancies - Nairaland

Nairaland Forum › Nairaland General › Jobs/Vacancies › The Sad Reality Of Nigeria Master Degree Holders (30859 Views)

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The Sad Reality Of Nigeria Master Degree Holders by Pojomojo(op): 5:43pm On Dec 17, 2024
Nigeria is messed up. I have a friend Bsc Accounting, MSc Finance bros dey work for club 😢


Meet Emmanuel, a brilliant and ambitious young Nigerian. He graduated with a Bachelor's degree in Accounting from the University of Lagos and later earned a Master's degree in Finance from the University of Ibadan.

Emmanuel's dream was to work in a reputable financial institution, analyzing financial data, and helping businesses make informed decisions. However, after months of job searching, he found himself struggling to secure a job in his field.

Despite his impressive credentials, Emmanuel was met with rejection and disappointment at every turn. He applied to numerous banks, financial institutions, and consulting firms, but no one seemed to want to give him a chance.

As the months went by, Emmanuel's savings dwindled, and he found himself struggling to make ends meet. He had to move back in with his parents, which was a difficult pill to swallow for someone who had always been independent.

One day, Emmanuel's friend, who owned a nightclub, offered him a job as a bartender. Emmanuel was hesitant at first, but the prospect of earning a steady income was too enticing to resist.

Now, Emmanuel works at the nightclub, mixing drinks and making small talk with customers. It's not his dream job, but it pays the bills.

Emmanuel's story is a testament to the harsh realities of Nigeria's job market. Despite his impressive education and skills, he found himself struggling to secure a job in his field. The experience has left him disillusioned and frustrated with the system.

As Emmanuel pours drinks and collects tips, he can't help but wonder what could have been if Nigeria's economy and job market were more favorable to young graduates like him.

Re: The Sad Reality Of Nigeria Master Degree Holders by TheHatofEsther: 5:46pm On Dec 17, 2024
He should try and practice what he learnt... Eg, he should open his own club and be the Head of the finance team. Problem solved
Re: The Sad Reality Of Nigeria Master Degree Holders by Namaster: 5:52pm On Dec 17, 2024
You chose the WRONG qualification to pass the right message.

If your FICTIONAL Emmanuel was half as smart and ambitious as you painted him to be, then he'd have gotten his ICAN accreditation and find his way into a Big 4 Accounting Firm through their ROBUST Internship programmes.

Next time you want to tell a cock-and-bull story, make it BELIEVABLE!

grin
Re: The Sad Reality Of Nigeria Master Degree Holders by brain54(m): 5:56pm On Dec 17, 2024
Despite the challenges...

Emmanuel has found a way to adapt and make a living even though it's not his dream job.


Who knows... It may only be a stepping stone and he may be able to land his dream job if he keeps trying!
Re: The Sad Reality Of Nigeria Master Degree Holders by Zonefree(m): 6:30pm On Dec 17, 2024
Bartending has everything to do with Accounting and Finance. Emmanuel is on the right track.
Re: The Sad Reality Of Nigeria Master Degree Holders by Buharidgeneral: 6:35pm On Dec 17, 2024
Get ICAN certificate and thank me later. That's if this story is true
Re: The Sad Reality Of Nigeria Master Degree Holders by WantsandMore: 6:37pm On Dec 17, 2024
Emmanuel should start learning forex with his impressive c.v. I am sure with a background in Finance, it shouldn’t take him long to grasp it
Re: The Sad Reality Of Nigeria Master Degree Holders by brain54(m):
Are they no jobless graduates with Ican certification...?

As If Ican automatically guarantees you a job.

In a country where even ph. D holders struggle to get employment.

Dey play!
Re: The Sad Reality Of Nigeria Master Degree Holders by popweezy(m): 7:19pm On Dec 17, 2024
Buharidgeneral:
Get ICAN certificate and thank me later. That's if this story is true
I hope you know there are jobless people with ICAN certificate
Re: The Sad Reality Of Nigeria Master Degree Holders by whatmoreng: 7:20pm On Dec 17, 2024
TheHatofEsther:
He should try and practice what he learnt... Eg, he should open his own club and be the Head of the finance team. Problem solved
typical Nigerian. Just open his own club , very simple.. with which capital? Shey u go lend him?
Re: The Sad Reality Of Nigeria Master Degree Holders by popweezy(m): 7:21pm On Dec 17, 2024
Namaster:
You chose the WRONG qualification to pass the right message.

If your FICTIONAL Emmanuel was half as smart and ambitious as you painted him to be, then he'd have gotten his ICAN accreditation and find his way into a Big 4 Accounting Firm through their ROBUST Internship programmes.

Next time you want to tell a cock-and-bull story, make it BELIEVABLE!

grin
E be like say you dey talk from diaspora. You no know how naija be
Re: The Sad Reality Of Nigeria Master Degree Holders by Pojomojo(op): 7:29pm On Dec 17, 2024
Zonefree:
Bartending has everything to do with Accounting and Finance. Emmanuel is on the right track.
How?
Re: The Sad Reality Of Nigeria Master Degree Holders by Pojomojo(op): 7:31pm On Dec 17, 2024
brain54:
Are they no jobless graduates with Ican certification...?

As If Ican automatically guarantees you a job.

In a country where even ph. D holders struggle to get employment.

Dey play!
I recently interviewed a PhD holder in mathematics and I asked him why his not in the university, his response was I was gathering the degrees hoping and thinking it would get the best job cry
Re: The Sad Reality Of Nigeria Master Degree Holders by Gadafii: 7:41pm On Dec 17, 2024
Don't waste money doing any stupid masters in nigeria, it's better you chanell that resources and time into learning digital skills and acquiring tools

When you have the means, you can do your masters and other degrees abroad, everything about Nigeria is fuccked and what ever Kemi said about her is the absolute truth and nothing but the truth
Re: The Sad Reality Of Nigeria Master Degree Holders by Oyindamolah: 7:42pm On Dec 17, 2024
WantsandMore:
Emmanuel should start learning forex with his impressive c.v. I am sure with a background in Finance, it shouldn’t take him long to grasp it
Not all Financial accountant are good with forex let alone analysis.
Re: The Sad Reality Of Nigeria Master Degree Holders by Namaster: 7:43pm On Dec 17, 2024
popweezy:
E be like say you dey talk from diaspora. You no know how naija be
Regardless of where I'm based, my words are TRUE.

A brilliant, hardworking and ambitious man who is certified as a CHARTERED Accountant would have ZERO problem securing a DECENT job in Nigeria.

The BIG 4 internship route is the EASIEST.

Accounting is a PROFESSIONAL course with a clearly defined path.

These Big 4s are ALWAYS recruiting in THIRD-WORLD countries like Nigeria and India because they are eager to exploit cheap labour.

They outsource jobs from expensive first-world countries to their branch companies in places like Nigeria.

If Emmanuel is smart and ambitious and a CHARTERED accountant but he tends a bar; Emmanuel does NOT exist.

That is the TRUTH.
Re: The Sad Reality Of Nigeria Master Degree Holders by Oyindamolah: 7:43pm On Dec 17, 2024
whatmoreng:
typical Nigerian. Just open his own club , very simple.. with which capital? Shey u go lend him?
Please ask him with MPR this high.
Re: The Sad Reality Of Nigeria Master Degree Holders by Oyindamolah: 7:44pm On Dec 17, 2024
Namaster:
Regardless of where I'm based, my words are TRUE.

A brilliant, hardworking and ambitious man who is certified as a CHARTERED Accountant would have ZERO problem securing a DECENT job in Nigeria.

The BIG 4 internship route is the EASIEST.

Accounting is a PROFESSIONAL course with a clearly defined path.

These Big 4s are ALWAYS recruiting in THIRD-WORLD countries like Nigeria and India because they are eager to exploit cheap labour.

They outsource jobs from expensive first-world countries to their branch companies in places like Nigeria.

If Emmanuel is smart and ambitious and a CHARTERED accountant but he tends a bar; Emmanuel does NOT exist.

That is the TRUTH.
Did you consider his age? Or you think 🤔 big 4 take people who are older than 26yrs for internship.

Are you aware that we have many CA in Nigeria that are jobless?
Re: The Sad Reality Of Nigeria Master Degree Holders by JOACHINpedro: 7:46pm On Dec 17, 2024
Education won't give you money.
That's what we fail to understand. I will go do my masters, but trust me I'm not hoping on hitting it big with that degree.
Me that can't work for someone. I just get the education and dey run my side hustle
Re: The Sad Reality Of Nigeria Master Degree Holders by Namaster:
Oyindamolah:
Did you consider his age? Or you think 🤔 big 4 take people who are older than 26yrs for internship.

Are you aware that we have many CA in Nigeria that are jobless?
I said the Internship route is rhe EASIEST. Not the ONLY one.

KPMG has Graduate Trainee Programmes for people up to 28-years old. And being Chartered is not even a requirement. So if Emmanuel is a Chartered Accountant, it'd be a BONUS!

There may be JOBLESS Chartered Accountants but I assure you they are NO Emmanuels.

If Emmanuel is SMART, DILIGENT, AMBITIOUS and CHARTERED, an Emmanuel can NEVER be jobless. Even in a shithole like Nigeria.

That's the GOSPEL!
Re: The Sad Reality Of Nigeria Master Degree Holders by Esthered: 8:57pm On Dec 17, 2024
Emmanuel doesn't prepare for aptitude tests hence the struggle.
Re: The Sad Reality Of Nigeria Master Degree Holders by WantsandMore: 9:13pm On Dec 17, 2024
Oyindamolah:
Not all Financial accountant are good with forex let alone analysis.
That’s what you think, moreover, everyone’s grasp and strategy of trading the market different. He wouldn’t know if he doesn’t first of all try.
Re: The Sad Reality Of Nigeria Master Degree Holders by josh123(m): 9:24pm On Dec 17, 2024
[quote author=Pojomojo post=133337437][/quote]Accounting job is a hot cake in the UK, find a he should have find a way to leave the country
Re: The Sad Reality Of Nigeria Master Degree Holders by ednut1(m):
Why did an accounting graduate go for masters instead of ICAN/ACCA. If he can’t get jobs in the major places he can start from small audit firms and work his way up. Sometimes you can have all the qualifications and have poor interpersonal skills or look like an agbero. The story looks made up
Re: The Sad Reality Of Nigeria Master Degree Holders by Ankakh: 10:13pm On Dec 17, 2024
Sounds like a fiction but no doubt the unemployment in Nigeria is not a joke.

And the chances are more dire for graduates when the courses being taught in school is far from what's used in the marketplace.

Now, you need a handy skill, some networking skill and good communication added to your degree to give you a fighting chance in the real world.
Re: The Sad Reality Of Nigeria Master Degree Holders by TheBillyonaire: 10:33pm On Dec 17, 2024
Why should a human being be hired for a job that Ai can do better ?
Re: The Sad Reality Of Nigeria Master Degree Holders by bola4dprec(m): 11:27pm On Dec 17, 2024
Donald Trump should be used assl a case study
Re: The Sad Reality Of Nigeria Master Degree Holders by haybhi1(m): 11:46pm On Dec 17, 2024
Well, I doubt your story, even though unemployment is a major debacle if this country. E go hard for pezin to attend any two of UI, Unilag, OAU, Unilorin, UNN, Covenant and graduate with good grades and not know how to saddle his career journey, even if na overseas scholarship or some office or some success with business or online whatever, the pezin go see, no be to dey do bartender he go dey do like. The person would know best he needs ICAN and ACCA and the likes to stand out. For instance, my younger sister studying Accounting in Unilorin is about to conclude her Professionals in ICAN at year 4. She said about half of her classmates have or are on verge of having their ICAN certificates. Shey na those ones go finish, do Masters still no go get work? My friend who studied BSc and MSc in Accounting in OAU, finished last year and got placement for 350k permanent banking job, she declined, saying she's worth more, and she's 31. She left for UK in January and got job almost soon.

Na you dey paint this unrealistic story. Quality education still opens doors! No dey yarn okpata
Re: The Sad Reality Of Nigeria Master Degree Holders by Oblongata: 12:29am On Dec 18, 2024
I really doubt this story!

One of the hottest jobs in that country is Accounting!

Unless your friend didn’t charter.

I was an Accountant for 10 years and I know that field in that sh*t hole…

Patapata he go join audit trainee

Unless na old guy
Re: The Sad Reality Of Nigeria Master Degree Holders by LordIsaac(m): 1:05am On Dec 18, 2024
The question is, why Masters? You don't do Masters because there is no job. With such a motivation, you shall master nothing! Quote me daily, twice on weekends. grin
Re: The Sad Reality Of Nigeria Master Degree Holders by Suicideboy: 2:37am On Dec 18, 2024
The problem with nigerians is that the average nigerian want to be oga at the top immediately without going from bottom to top

If na for away , you'll see negros doing all sort of rubbish work that even a yt man won't bother to do
But come to nigeria where nigerians cant do a job because pay is low or job is shitty or exceeds their expectations

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