Originally posted by BarbarianAtTheDoor
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Java is just not enough to get a contract in an investment bank. Why not? Because they out source consultancies like Detitica to handle that. Never mind the fact that such out sourcers charge an exorbitant marked-up daily rate way over the equivalent of a hired independent contractor. There is competition, then, from developers from Easturn Europe or the Asian subcontinent who can undercut you if all you can do is program Java.
I digress, you need prerequisite business knowledge sometimes and most definitely database knowledge: e.g. SQL or PL/SQL, Credit Derivatives, Equities, Settlements. Clearly just programming with Java/J2EE is not enough in 2008. It probably was in 2003. But now you need the whole she-bang, including soft skills.
It might help if you have other important skills as well, e.g. managing a team, being agile, certified SCRUM/XP master, emotional intelligence and leader of a group/team.
In this era, the buyer has the power and therefore you must have something or more extraordinary on CV that gets yours notice.
My advice is to look at a permanent role for this year at least or get out of banking until the storm is over. I hear they are looking developers in Germany and cant get enough of them. So time abroad may help. Anyway it is up to you to really call time, when you feel that you getting close the touchy-feely thing called time. Aka Who Ate My Cheese Aka Cheese
Best.


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