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Colleges That Bring the Highest Paycheck 2011
Rank: Member Joined: 4/1/2008 Posts: 104 Location: Nairobi
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http://finance.yahoo.com...g-highest-paycheck-cnbc
Anyone with an idea of how much a Kenyan graduate from our top 5's starting salary would be? i.e..... 1. UoN 2. Strathmore 3. JKUAT 4. Moi 5. Egerton Généralement, les gens qui savant peu parlent becoup, et les gens qui savant beaucoup parlent peu. - Rousseau.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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I dont think the American system works in Kenya all that I can say is maybe some universities are more attractive to the one employing but the pay will generally be pegged on experience... possunt quia posse videntur
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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I think first employer is a better indicator of future Salaries in KE especially if you get to work with McKinsey.. Like the TCL CEO or the Dalberg CEO. I hear one Kenyan ex-McKinsey is now a VP at JP Morgan Chase.
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Rank: Member Joined: 4/1/2008 Posts: 104 Location: Nairobi
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maka, mozenrat well noted. My argument would then be this....if our Kenyan universities can get their act right (especially the public ones) by cutting down on the theory and incorporating actual field experience for their students à la the Harvard model. Then they could be in a real position to offer value to employers. The graduates would then be able to demand rather than comply to a level of pay. Généralement, les gens qui savant peu parlent becoup, et les gens qui savant beaucoup parlent peu. - Rousseau.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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@ Savant i totally agree with you saw a documentary on CNBC about the Harvard MBA class trust me what is taught here is way off what is required in real life.In Harvard they produce well rounded individuals in Kenya its just another case... possunt quia posse videntur
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Rank: Member Joined: 1/22/2011 Posts: 322 Location: Chicago, IL, USA
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mozenrat wrote:I think first employer is a better indicator of future Salaries in KE especially if you get to work with McKinsey.. Like the TCL CEO or the Dalberg CEO. I hear one Kenyan ex-McKinsey is now a VP at JP Morgan Chase. There's more than one Kenyan VP at JP Morgan. The name of the school on your degree doesn't mean much AT ALL in my personal experience. It certainly doesn't mean that you are or are not well-rounded or ready for the real world. This even goes for Harvard. I've worked with Harvard MBAs. Some are capable, some are not. Many more factors go into someone's capability other than the parchment. Then again, I think that it does seem to be a big consideration in Kenya and the rest of EA, and even in the rest of Africa and the Middle East, so, plan accordingly. An Ivy League or Red Brick school is a good conversation piece, but guarantees nothing at all. I don't even feel that it's all that impressive on a resume, at least in the US. More important is that you are tenacious, confident (but not cocky) smart, level-headed, and realistic, and have some sort of experience, even if it was unpaid. Also have good references- professional well-spoken people that will vouch for you. Dress well- tailored and kempt. Groom well. Have pleasant odor and breath. If you want to get into Financial Services, KNOW every financial term and what it means from memory, and go ahead and get your series 7 and 65 immediately if in the US. Ultimately important, and I say this from years of Fortune 500 management experience: ARRIVE EARLY. BE EXCITED. BE PREPARED. And always listen carefully and answer slowly. Once you get the job, listen, follow-through, and follow-up. Communicate clearly and regularly. Use spelling and grammar check. If you don't know something, Google it and ask someone. Get three or four answers and decide on the best one. Work hard and work late. Eat well, relax well, and stay in shape- you'll need the energy and stress-management coping skills. But most importantly, it's who you know, so start forging those relationships (and have good, positive or funny stories to tell) as soon as right now. As far as pay, LOL, that's all about the deal you strike when you are hired, and if it is a commission-based job, how hard you work. Salary really has nothing to with qualifications or what school you went to. It's all about what you are willing to take, the range of what a company is willing to pay, and what you claim to have been making before. If they want you, they will pay. Look at a salary survey, and pick a number close to the top range, but not AT the top range. You'd be shocked to know the difference in pay for people in the very same positions in the very same company just because someone dared to ask and negotiate. But don't obsess; if you find out someone else is being paid more, don't get mad, negotiate better next time. And remember, compensation isn't all about pay; One guy I hired wanted to know for a fact that he could take a whole month off every year to go "home", which was sixteen hours away by plane. I said: "What's that worth to you?" He said "10 percent of my base". I said, "Okay, DONE. Welcome to the team. Have all your work delegated before you leave, and you'll be working your hindquarters off when you get back. That's it. That's all. Best, Hill
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Rank: User Joined: 5/3/2011 Posts: 559
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jasonhill wrote:mozenrat wrote:I think first employer is a better indicator of future Salaries in KE especially if you get to work with McKinsey.. Like the TCL CEO or the Dalberg CEO. I hear one Kenyan ex-McKinsey is now a VP at JP Morgan Chase. There's more than one Kenyan VP at JP Morgan. The name of the school on your degree doesn't mean much AT ALL in my personal experience. It certainly doesn't mean that you are or are not well-rounded or ready for the real world. This even goes for Harvard. I've worked with Harvard MBAs. Some are capable, some are not. Many more factors go into someone's capability other than the parchment. Then again, I think that it does seem to be a big consideration in Kenya and the rest of EA, and even in the rest of Africa and the Middle East, so, plan accordingly. An Ivy League or Red Brick school is a good conversation piece, but guarantees nothing at all. I don't even feel that it's all that impressive on a resume, at least in the US. More important is that you are tenacious, confident (but not cocky) smart, level-headed, and realistic, and have some sort of experience, even if it was unpaid. Also have good references- professional well-spoken people that will vouch for you. Dress well- tailored and kempt. Groom well. Have pleasant odor and breath. If you want to get into Financial Services, KNOW every financial term and what it means from memory, and go ahead and get your series 7 and 65 immediately if in the US. Ultimately important, and I say this from years of Fortune 500 management experience: ARRIVE EARLY. BE EXCITED. BE PREPARED. And always listen carefully and answer slowly. Once you get the job, listen, follow-through, and follow-up. Communicate clearly and regularly. Use spelling and grammar check. If you don't know something, Google it and ask someone. Get three or four answers and decide on the best one. Work hard and work late. Eat well, relax well, and stay in shape- you'll need the energy and stress-management coping skills. But most importantly, it's who you know, so start forging those relationships (and have good, positive or funny stories to tell) as soon as right now. As far as pay, LOL, that's all about the deal you strike when you are hired, and if it is a commission-based job, how hard you work. Salary really has nothing to with qualifications or what school you went to. It's all about what you are willing to take, the range of what a company is willing to pay, and what you claim to have been making before. If they want you, they will pay. Look at a salary survey, and pick a number close to the top range, but not AT the top range. You'd be shocked to know the difference in pay for people in the very same positions in the very same company just because someone dared to ask and negotiate. But don't obsess; if you find out someone else is being paid more, don't get mad, negotiate better next time. And remember, compensation isn't all about pay; One guy I hired wanted to know for a fact that he could take a whole month off every year to go "home", which was sixteen hours away by plane. I said: "What's that worth to you?" He said "10 percent of my base". I said, "Okay, DONE. Welcome to the team. Have all your work delegated before you leave, and you'll be working your hindquarters off when you get back. That's it. That's all. Best, Hill I read this and I can't help but laugh- stuff to learn from, I know you have alot of "Management" in "fortune 500".... I like the this part" One guy I hired wanted to know for a fact that he could take a whole month off every year to go "home", which was sixteen hours away by plane. I said:
"What's that worth to you?"
He said "10 percent of my base".
I said, "Okay, DONE. Welcome to the team. Have all your work delegated before you leave, and you'll be working your hindquarters off when you get back.
That's it. That's all.
Best,
Hill[/quote]First did you say that company don't give enough vacation days to make one month trip? and did you say the hiring manager decides how many vacation days to give you? Wrong... Across all major companies vacation is set by corporate, it is equal across the company based on the job group and time of service, it is like cell phones, corporate set the job group level that they'll start footing the cellphone bills, you cannot negotiate that. Well I thought I'd impress you into giving me a job in your company mr former VP at JP, but I can see you won't be impress since well I got my undegra and Masters from Stanford but if I have to negotiate to get one month my off then I am not interested since my first job was offering 25 business days vacation every year, which I never even finished, that is a little over 5 weeks if you add weekends! I didn't negotiate it that was the standard allocation for the job group. Nevertheless, I like your imaginative nature, you can actually pass to be an hiring manager, but you have to learn some basic stuff and don't diminish good degree program, it is my pleasure to invite you to either columbia african economic forum or Stanford african business forum, they're both held in spring, good place to meet and shake hands with Africans who have actually walk the talk and while you're there please ask anyone you shake hands with where they work and where they went to school!
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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but I can see you won't be impress since well I got my undegra and Masters from Stanford Drunkard, you did your undergrad and masters at Stanford!!!! How come you didnt diversify? You could have easily packed and gone to the East coast to any Ivy League. Were you on a student visa? How did you finance your education? Please reply
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Rank: User Joined: 5/3/2011 Posts: 559
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.. Stanford is ranked in top 5 so didn't have a problem staying there, I wasn't a student visa holder, I don't have any loans and I wasn't rich either. I know atleast 20 Kenyans Ivy leage student visa holders they had free ride through college via a program run by John Manner, it is called Kensep, maybe you wanna check it out. but one thing I can tell you is once you get in, you're set.
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Rank: Veteran Joined: 7/22/2011 Posts: 1,325
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Drunkard congrats, are you even a drunkard in real life? Thats a big achievement. Thanks I will check out Kensep.
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