Telco or Finance?

[Rahul]

Hi,

I have been offered two jobs - one in finance and one in telco.

the finance one is a testing role paying 29k working for a small trading applications software house in Essex working on testing a product that trades front office equities, FX, fixed income and derivatives. I will gain product knowledge from this job.

the telco is with a large telco company called convergys paying 35k in cambridge working on geneva billing systems. I will build more telco experience in this job. They say you can earn 500/day with geneva experience. not sure if this is true.

the telco one is payin a helluva of alot more money to me. But I thought finance paid more in general? To me its a choice between which industry to invest in. I still think I;d earn more money in finance in the long run? What do you guys say?

[janey]

finance is notoriously difficult to get into... it can't hurt to have the experience on your CV.

don't suppose the company is IFDS is it?

[mcquiggd]

Hmmm... Cambridge is a lovely, but expensive place to live, for one thing... accomodation (if you were indeed intending to reside there) would be a tough one...

Im going permie with a finance house, and one of the attractions is the experience I will gain, of the industry and the technologies involved.... its the first time Ive encountered a finance role that looks at development experience first and does not insist on prior experience in Investment Banking / Asset Management etc....

Telcos may well take see a boost in the next couple of years - who knows... 3G and its successor, I am not really au fait with the skills and rates required.(Im just a user, not someone who has industry knowledge).

Personally Im taking a pay cut (headline figure) of about £5k a year - but I think the additional industry specific knowledge will more than offset that in time.

[darmstadt]

Personally I thought this board was call Contractor UK and nor Permanent UK

[threaded]

Go for Finance, Telecoms is all about 10% faster and 10% cheaper than last year, and most of the gits in it can't even set their mobile phones up properly, never mind anything more complex.

[BlasterBates]

Telecoms is all about 10% faster and 10% cheaper than last year, and most of the gits in it can't even set their mobile phones up properly, never mind anything more complex.

hmm sounds like finance...

(I was about to say the opposite)

[Bovvered]

No brainer. He he I walked into a financial software house at the age of 20 as a trainee. Here I am now, 8 years later, investment banking it up in the City, excesses of cash in bank, fit missus, great skill-set, two homes, a full wine rack, oh the life of a contracter.

[The Master]

Finance, no question. The telcos are populated by ex-BT people who can't tell their arse from their elbow.

[Bitbucket]

Permy squatters

Personally I thought this board was call Contractor UK and nor Permanent UK

Ive noticed a few permies squatting in our BB , lets get the Daleks in to evict them .........Oh no that wont work .... Wheres gunney ?

[chock]

If you wanna lap up the '£600/day+' goodies - it seems to be more prevalent in Finance.

I'd love to get my foot in.............

Sadly, no experience so never get a look in! All the stuff on my CV is public sector or Telco.