Different professions require distinct applied skill sets
1. Working as a #quality systems controller in the dairy industry, a degree in total quality management will not suffice alone!
You need to have some awards in veterinary sciences & nutrition sciences or food science/tech
2. Working in the Insurance Industry with just a degree in Actuarial Sciences cannot help per se.
The Actuarial Risk Aspirants must develop an understanding of #Insurance Underwriting Methods, Insurance Business Models, Insurance Law & Accounting, in addition to Maths and Stats.
3. The same holds true for those who graduate with qualifications in Financial Engineering or FINTECH, etc.
Students must develop an understanding of financial products, laws, exchanges, etc
Blindly applying quantitative models to events or observable data won't take you anywhere
4. There is no such thing as a degree in banking.
You learn this profession on the desk!
In the past, bankers came from diverse backgrounds and were trained by staff college trainers in diverse areas of the trade.
Nowadays, students do MSc/MA in Banking which is not relatable
5. Applied professions such as management and marketing or even entrepreneurship would do better without the services of a degree
Decision-making or Entrepreneurship are skills that you cant learn in textbooks.
The flare, the keen eye, the leadership & the business sense matter.
6. Investor Relations or other CRM roles don't really require a strategic or business communications specific degree.
I have seen professionals with a degree in English literature do so well in networking, Sales Account Mgmt, Publicity aka PR.
7. Yes, STEM-based subjects require academic degrees.
But, an abundant no of hard and life sciences students in my country cannot find decently paid work.
They have to either switch careers via MBA or move into other fields unless they invest more in a PhD or something fancier.
8. Feel extremely sorry for Liberal Arts, Humanities & other Social Science Graduates.
Always end up in the unemployment pipeline or at a call centre unless they have a paper from a world-class academic institution or university.
The drawback with these subjects is you need a PhD
9. Doing something exotic such as Evolutionary Biology or Ecosystem Computation, Complexity Science Modelling, etc have its own perils.
The Third World Markets will discount your qualifications.
Be wise not to invest in rare subjects, unless you are getting a scholarship.
10. Take the examples of Drilling, Mining, Fracking, Exploration and Excavation, Material sciences, etc.
Some are pushed by counsellors to do a degree in engineering, geophysics or geology/earth sciences for finding work in such areas
Always check the student aptitude first!
11. What about #Occupational #Therapy?
The most misunderstood profession that I have come across is a technical recruiter.
No, you don't have to do massage in hospitals with this degree!
Gosh, stereotyped misconceptions some students have.
12. #Atmospheric #Sciences (formerly or still known as #Metrology at some universities)
This degree won't and should not confine you to a TV Station where you will be presenting the #weather forecast to the live audience.
There are tons of skills you can learn with a degree in AS
13. Operations Research and Decision Sciences
The two specializations will teach you so much, but, the moment you graduate in this area you will find little to no jobs that are mentioned under this job title.
Most poorly represented profession
14. The new kid of the Bloc Machine Learning, Data Science, #Analytics, #Ai, etc
Good luck to all who are entering into these specializations without understanding their limitations and scope.
Another #MBA style exodus is expected once supply will outstrip demand.
15. Islamic Banking and Finance is another academic/professional area of education that has a lot of promise but very little delivery in actuality.
Most of the top financial institutions don't even advertise to hire an IBF Graduate.
They still prefer LSE, LBS, Ivy League, etc
16. Law is another area that can take students in the wrong direction if they don't understand what they want to become.
No, you don't need an LLM or PhD after LLB Honours to practise as a lawyer.
An LPC or Bar-at-Law vocational training is all you need in the Common Wealth
17. Never do an MA/MS or PhD in #Accounting if you want to work as a practical professional accountant.
Chartered Exams will serve you better.
18. I will end this thread by saying, avoid doing a degree in Political Economy / International Political Economy.
Two largely misunderstood subjects.
Your resume for tenure track roles won't be accepted by your own community members in IR/Pol Sci/Econs faculties.
Where else?

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More from @SAH16928046

Mar 27
An Economics/Finance PhD is still probably one of the few degrees that provides you with an opportunity to start a career in either academia or elsewhere in the corporate sector, preferably Finance or the Govt Sectors.
But, always try to gain some practical experiences after BS
I don't like this concept of pushing students after undergrad level directly into a PhD program.
Especially, if the student has an opportunity to learn some practical skills in the real world.
Economics is that sort of profession, where many jump using the 3+1 research route.
I mean, what is the point of blindly doing a doctorate when you cannot operate basic IT Systems & Computing Packages that will help you work as an economist at banks, funds, etc
Attending colloquiums, seminars and conferences, co-authoring n publishing papers, etc won't help.
Read 7 tweets
Mar 26
A Russian defeat can be more disastrous than a Ukrainian surrender.
Russians have nuclear weapons and an egoistic president suffering from a #narcissistic personality disorder.
May God help us all!
Nuclear or Chemical Weapons exchange will destroy the global environment
#climate
There is literature available on how nuclear war can instigate a nuclear winter.
That means the #sunlight will not be able to permeate the agricultural ecosystem, most crops won't grow in darkness and cold weather and that will lead to global food production disruption and famine
Previously, Western Experts had studied the possibility of nuclear winter in the context of South Asia, where nuclear arch-rivals India and Pakistan have maintained unconventional weapon arsenals for a long time.
Never thought this geostrategic risk could emanate from Eurasia?
Read 6 tweets
Mar 25
Read below
Horrible to see the degeneration of #Malaysia, a once upon rising star among #NICs and Emerging Market Economies, which served as a justified model and example of equitable development and growth, now, sadly, falling under the list of nations that are rotten to the core.
#1MDB
This turmoil started after DR Mahathir left power.
Since Dr Abdullah Badawi took over the reins of political power, Malaysia, as a country, has remained in a state of pendency.
All good work done in the 80s down the gutter due to bickering among UMNO and corrupt Najib n Rosmah Co
Read 4 tweets
Mar 24
Do credit #underwriters, at banks, actually read the credit memo and the financial risk/credit scorecard attached and prepared by the analysts with the credit proposal?
In some jurisdictions the Head Office, Credit Committee Members don't even give a damn about the due diligence
#Bankers should not keep the Credit Manual for the Auditor's pleasure.

I don't want to expand on this one more.
And with the implementation of the @BIS_org Accords over the years, bankers have still not updated their manuals, policies, strategies, etc
Some bankers, especially credit back office, RMs, and Middle Office Risk Analysts still don't factor in credit risk metrics as required.
Read 8 tweets
Mar 17
Before wars begin and end, the country strategists must invest in proper risk analysis and intelligence.
Country Risk Analysis is not just about surveying Banker's Almanac or doing lousy ratio analysis and setting risk limits to counterparty exposures, jurisdictions, desks, etc.
Very few financial institutions and especially banks hire country risk analysts.
Most of the work is done by credit underwriting and back-office analysts with some input taken from Compliance, and Risk Management Desks.
Credit Manuals talk little about International banking.
Global Banks should hire Political Science, International Political Economy Experts, and related subject area professionals, who can provide qualitative input that is needed for risk assessment.
ECL/Default Risk is not just LGD X PD X EAD.
@BIS_org must provide more guidance.
Read 6 tweets
Mar 14
#SBER Bank of #Russia was at least a giant on paper before the war began.
The downfall of this bank alone can bring down the Russian Economy.
Russia, irrespective of whatever comes out of the war, will suffer immensely.
But, such a nation, with precious resources, be closed down?
At least $300 bio plus reserves of Russia are frozen/impounded by foreign financial firms and government authorities due to sanctions.
What will be the consequences of this for other economies such as GCC Sheikdoms and Chinese that invest big time in overseas sovereign paper,etc?
For e.g. KSA earns around $1 Billion roughly every day from the export of oil.
A lot of that money is invested in overseas financial markets.
Other sovereign wealth funds in the GCC also invest petrodollars in large amounts across the world.
This impounding of reserves is a novel
Read 9 tweets

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