Reply to: You really want a piece of London/Banking ?

[BlasterBates]

IB is a shrinking sector so they might as well take people on who are familiar with those types of systems, because there's a lot of experienced people around.

It doesn't matter what sector it is, if you have experience in it you'll be generally better, because you know how risk systems work and how to create P&L etc etc. which is what most of the dev jobs are about. They often ask business questions. You're going to flounder if you know nothing about finance when some trader is shouting at you to sort out his P&L.

There was a time when IB's weren't fussy as long as you were technically good enough.

There are technical jobs but an awful lot of the dev jobs are easier to do if you understand the "banking gubbins".

[kaiser78]

There are some well paid contracts up north, you just need the right skill set

I can understand why "someone" said that IB's are a closed shop, I have found that there is still the appearance that you can't get a job in Finance without Finance experience so it is a vicious circle.

For my role, having industry knowledge has zero impact on my day to day working, I know if I eventually keep trying for London jobs I will get one and thus the extra £100-£200 a day bump that will come with it, but as I am not focused just on London its no big deal that I haven't managed to crack it yet.

I think this is the case as well in IB, and other areas in banking and even insurance are becoming this way as well from what I am seeing.

[Avalonia]

Shut your mouth and look at my wad, LOADS OF MONEY

[SimonMac]

There are exceptions. There will always be exceptions but as its my local market I do know the usual going rate....

There are some well paid contracts up north, you just need the right skill set

I can understand why "someone" said that IB's are a closed shop, I have found that there is still the appearance that you can't get a job in Finance without Finance experience so it is a vicious circle.

For my role, having industry knowledge has zero impact on my day to day working, I know if I eventually keep trying for London jobs I will get one and thus the extra £100-£200 a day bump that will come with it, but as I am not focused just on London its no big deal that I haven't managed to crack it yet.

[eek]

I quite fancy learning about Dynamics. Is it any good?

No its utter crap. But as I'm sat next to the other person in the North East who does it and we like the monopoly I have to say that..

Truthfully its got a hell of a lot of gotcha's which mean that you have to do things in particular ways (and they won't be the way Microsoft recommends). So when I say you need experience you really do. Otherwise you will spend days doing stuff that simply doesn't work when used in anger....

[d000hg]

I quite fancy learning about Dynamics. Is it any good?

[jmo21]

Me too and sadly it usually rules me out. I do keep in contact with some of the contractors I worked with in the north and most are on £ 350 a day. Almost all of the .NET work is ASP.NET MVC web applications, so easy barrier to entry keeps the rates down. Then you see something like MS Dynamics and Sharepoint, pair of noddy technologies paying £ 500. WTF????

People deserve £500 a day to put up with Sharepoint, total pile of wank!

[eek]

Me too and sadly it usually rules me out. I do keep in contact with some of the contractors I worked with in the north and most are on £ 350 a day. Almost all of the .NET work is ASP.NET MVC web applications, so easy barrier to entry keeps the rates down. Then you see something like MS Dynamics and Sharepoint, pair of noddy technologies paying £ 500. WTF????

I think you'll find there is actually a hell of a barrier getting into those technologies. You may be able to pretend to an agent that you have 3 years experience in those technologies but I can safely say you will be quickly found out...

[d000hg]

£350 in the north for fairly generic skills isn't anything to complain about, when you don't need as much for your house

[oliverson]

There are exceptions. There will always be exceptions but as its my local market I do know the usual going rate....

Me too and sadly it usually rules me out. I do keep in contact with some of the contractors I worked with in the north and most are on £ 350 a day. Almost all of the .NET work is ASP.NET MVC web applications, so easy barrier to entry keeps the rates down. Then you see something like MS Dynamics and Sharepoint, pair of noddy technologies paying £ 500. WTF????

[FatLazyContractor]

I'm surprised anything gets >400 oop here.

Then I'm afraid, you need to update yourself aye lad !

[eek]

Hate to burst your bubble but I was on £ 550 in Leeds for a 6 month spell in 2011/12. 7 days a week mostly. What a killer.

There are exceptions. There will always be exceptions but as its my local market I do know the usual going rate....

[oliverson]

Good luck with that. £400 is the absolute top rate for C# in the north of England... Which is why its no longer the skill I advertise as number 1...

Hate to burst your bubble but I was on £ 550 in Leeds for a 6 month spell in 2011/12. 7 days a week mostly. What a killer.

[d000hg]

I'm surprised anything gets >400 oop here.

[eek]

Good luck with that. £400 is the absolute top rate for C# in the north of England... Which is why its no longer the skill I advertise as number 1...