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NFOAC
Posts: 6015
Location: India
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 Posted: Tue, 22nd Jan 2013 16:01 Post subject: Finding a job in Europe/New Zealand/Canada |
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I have been thinking for a month about migrating to other country and have been looking for opportunity outside my country US seems quite shaky in job market as there is always layoff happening , looked around Norway , Netherland , New Zealand and Canada which seems t have great potential job market but cannot find any information for vacancies.I did my Bachelors in Commerce worked for Hedge Fund Administrator for first 4 years also did my Masters in Finance then worked for so called I.B Lehman Brothers but it went down then currently I'm in another top investment bank.
I have been working in I.T as application developer from start with Core skills of Sybase , Unix and Perl.Does anyone knows the open opportunities in above countries and working environment.
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| Posted: Tue, 22nd Jan 2013 16:11 Post subject: |
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My friend is working in Germany and he says they need a lot of programmers and engineers in general, so try there.
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Morphineus
VIP Member
Posts: 24883
Location: Sweden
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| Posted: Tue, 22nd Jan 2013 16:56 Post subject: |
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Dutch market is though at the moment, I wouldn't suggest it, better try to Germany as their economy is at least somewhat decent lately (unlike the Dutch economy).
PC: Yes. Console: No.
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spankie
VIP Member
Posts: 2958
Location: Belgium
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| Posted: Tue, 22nd Jan 2013 17:15 Post subject: |
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First of all, job market in Europe/Belgium is way tougher than Emerging Markets such as India... A lot of engineering class buddies migrated to dubai/qatar/india/Philipines etc. And they were all bright highly educated engineers with technical skills in engineering, prorgamming, project management etc...
That being said...
I am an (bio)engineer by training but also doing something finance/economics at the moment. Currently also looking for a job. I have a fairly similar profile. Bio/Life Science Research background, very solid database/Perl/Unix skills, general technical skills, finance/economics interest and additional masters degree. If you are aiming to get into IB again, think again. The market is as dry as it can be.
A guy i know finally started at Morgan Stanley in London. He's been doing 4-6 week internships for the past 18 months, unpaid. Dunno if you can afford that, but it's a long shot for an uncertain future. I went to some recruiting events in Brussels for MS and JPM, the story is always the same. There is a huge overcapacity, for all divisions. Sales, IT, trading, asset management, business development etc, you name it. People are getting fired or not replaced. Recent studies also indicate that with the new Basel regulations, the IB business model is not viable as the cost of equity is higher than the current low return on equity. Just check bloomberg or the McKinsey study. Credit Suisse, GS, MS, JPM, UBS, they are shrinking, firing people like it's ridiculous.
However, there is light in the tunnel. Many smaller finance boutiques are still looking for technical profiles. I know a lot of market maker/option traders are looking for Perl/Unix/DB profiles in Amsterdam region. Just check the website of Optiver, IMC and sortalikes. But competition will be tough. All those fired people are fighting for new spots...
Furthermore, i don't know how strict your sector is? But your profile does match incredibly well with bio/life science/pharma IT. I can know it, because my primary education was life science/biotech. I specialised in bioinformatics (Perl/databases/linux/R/SPSS/SAS and sortalikes). The skill set is very broad, data is data, whether it is pharma data or numbers, doesn't really matter. If you have interest in such positions, I could give you a list of at least 20 vacancies in Flanders alone!
However, for you being from India, things will be difficult. Those pharma jobs or finance jobs are rarely posted on job websites. The best thing is to search companies you like, and just apply trough their websites.
Nevertheless, job hunters you might try are Hays (Pharma), Michael Page recruiting, Huxley.
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NFOAC
Posts: 6015
Location: India
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| Posted: Tue, 22nd Jan 2013 19:05 Post subject: |
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I have a good family friend looking for IB work for the past 6 months. Hasn't gotten a single offer. It's a dead industry. And even if you do get the job, it's probably soul-crushing.
There's huge demand for engineers and programmers in the Bay Area and New York here in the USA. Problem is living expenses are high. Up to you.
Sense Amid Madness, Wit Amidst Folly
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NFOAC
Posts: 6015
Location: India
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| Posted: Wed, 23rd Jan 2013 02:42 Post subject: |
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I would definitely not going to US.
Someone from NZ , Norway can comment
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Doh!
Posts: 1361
Location: Wellhigh DK
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| Posted: Wed, 23rd Jan 2013 02:51 Post subject: |
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Norway hands down. Not even a contest.
There are two kinds of people I can't stand in this world. People who are intolerant of other people's cultures, and the Dutch.
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NFOAC
Posts: 6015
Location: India
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| Posted: Wed, 23rd Jan 2013 05:35 Post subject: |
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I heard Norway is quite expensive what's the scope for IT there ?
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Sin317
Banned
Posts: 24322
Location: Geneva
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| Posted: Wed, 23rd Jan 2013 08:35 Post subject: |
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Investment banker ? The scum of the earth, no offense. If you want to keep your soul, may wanna try another profession. One less .. soul sucking ...
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Ankh
Posts: 23338
Location: Trelleborg
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| Posted: Wed, 23rd Jan 2013 08:36 Post subject: |
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Tbh I think its pretty hard to get a job no matter where you move..
shitloads of new stuff in my pc. Cant keep track of it all.
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NFOAC
Posts: 6015
Location: India
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| Posted: Wed, 23rd Jan 2013 09:18 Post subject: |
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| Sin317 wrote: | | Investment banker ? The scum of the earth, no offense. If you want to keep your soul, may wanna try another profession. One less .. soul sucking ... |
LOL I only work for investment bank
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deelix
PDIP Member
Posts: 32062
Location: Norway
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NFOAC
Posts: 6015
Location: India
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| Posted: Wed, 23rd Jan 2013 11:07 Post subject: |
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I heard education is free there
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deelix
PDIP Member
Posts: 32062
Location: Norway
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Morphineus
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Posts: 24883
Location: Sweden
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spankie
VIP Member
Posts: 2958
Location: Belgium
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| Posted: Wed, 23rd Jan 2013 16:17 Post subject: |
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The economy is screwed. With 50% of youngsters unemployed in Spain, and 25% of youngsters in total in the whole EU area, finding a job as young graduate or finding a job all together is difficult.
I am lucky to have more than decent degrees, and have a job at the moment which pays good. Furthermore, I have saved a lot the past couple years and been lucky investment wise. I could lose my job, keep my rent and current life style, and survive at least 5 years even if i would have 0 income.
But just imagine you are a 20y old mother with 1 or 2 kids and subpar education. Try finding a job in this environment. You can't be picky, and supply is huge. Result, you will end up in a crap job, the first one you can take. Result: subpar allocation of people into jobs. Everybody in an unfit job. Result: loss of efficiency, hence subdued growth.
I think people do not realize what this will do with the future generations. They are breeding a generation of 20-30y old, scared like shit, uncertain like shit. Even if things pick up, everybody will have 2007 in the back of his head, reduce risk, scared to lose a job, postpone buying houses, postpone starting businesses etc, slow down travelling expenses, companies will avoid hiring etc.
I do agree, the world will not end, Europe will not explode, the euro will not disappear. But there is a paradigm shift in the heads of people. I think the economic landscape has changed permanently.
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NFOAC
Posts: 6015
Location: India
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| Posted: Thu, 24th Jan 2013 01:14 Post subject: |
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Seems like Eu needs to go off the list
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nouseforaname
Über-VIP Member
Posts: 21306
Location: Toronto, Canada
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NFOAC
Posts: 6015
Location: India
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| Posted: Thu, 24th Jan 2013 05:25 Post subject: |
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That's what I heard I guess weather is what keeping people away from there , how is the visa process there I also heard people get citizenship very early
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spankie
VIP Member
Posts: 2958
Location: Belgium
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| Posted: Thu, 24th Jan 2013 12:20 Post subject: |
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| NFOAC wrote: | | Seems like Eu needs to go off the list |
I was speaking globally... What's the money maker of Canada? Wood, Oil, metals. Recession means, nobody needs that.
Globalization means two things in two phases. First, the rich people exploit the poor. read: The poorer countries can migrate and make big bucks.
Second, everybody does it. Money flows and equalizes richness around the world. The time of free lunches is gone. The only people that can benefit huge from migration are people from screwed up places like Mali or Ghana or something.
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NFOAC
Posts: 6015
Location: India
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deelix
PDIP Member
Posts: 32062
Location: Norway
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| Posted: Thu, 24th Jan 2013 15:13 Post subject: |
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You would probably freeze to death in Norway. Been -18 here lately. Id probably die in India due to extreme heat tho. At least in the summer! Anything above 30+ is unbearable imo!
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NFOAC
Posts: 6015
Location: India
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NFOAC
Posts: 6015
Location: India
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| Posted: Thu, 7th Mar 2013 15:53 Post subject: |
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Any help especially for Canada or new Zealand would be helpful
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Frant
King's Bounty
Posts: 24617
Location: Your Mom
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| Posted: Fri, 8th Mar 2013 02:22 Post subject: |
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All I know is that's it very difficult to get even get into NZ to work. They've very very very picky and rarely let people in permanently.
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!
"The sky was the color of a TV tuned to a dead station" - Neuromancer
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-=Cartoon=-
VIP Member
Posts: 8823
Location: South Pacific Ocean
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| Posted: Wed, 13th Mar 2013 20:28 Post subject: |
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| NFOAC wrote: | | Any help especially for Canada or new Zealand would be helpful |
Basically the only way you can apply to live in NZ is
-You are highly skilled and what you specialize in is on the ESID list (Essential Skills in Demand)
-You have a job offer from a accredited employer
-You are VERY rich and invest x amount of money in NZ
-You are a rich student who comes here.. spends all your money.. and goes home after you finish ya study
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NFOAC
Posts: 6015
Location: India
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| Posted: Mon, 23rd Dec 2013 06:24 Post subject: |
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Bumping this up wanted to get feedback on job situation in other countries ? How is job situation in Tokyo , Hongkong ?
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IB is certainly the sector which i would avoid since there is downturn happening in that sector with Fed Intervention.
Norway is quite expensive tho, but there are cheap alternatives. Students in Norway are under the biggest suffering. Everyone else is fine 
