Moving to Australia after college?

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Postby Hang11 » Wed Apr 23, 2008 11:06 pm

Sar wrote:The sponsership sounds like the best route. I work for an investment bank in the UK and I know our Sydney offices are crying out for staff to move over there and as far as I can tell most investment banks are searching for people with finance and accounting degrees as they seem to be rather limited. The bonus is the HR dept sort out all the paperwork for you to.


I work for an oz investment bank too, indirectly, and you're right, finance staff are at a premium for them, if you have the right experience.

Not so sure about investment bankers though, seems to be a bit of a cull going on over in oz with those fellas, and they're all running around like headless chickens trying to figure out how deep in the poo they really are at the moment.
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Postby drowningbitbybit » Wed Apr 23, 2008 11:24 pm

Hang11 wrote:finance staff are at a premium for them, if you have the right experience.


Its worth pointing out that having a degree isnt enough experience - a company is unlikely to want to sponsor someone until they've proved themselves in the real world.
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Postby Guest » Thu Apr 24, 2008 6:51 am

drowningbitbybit wrote:
Thromback wrote:Would I be able to work there, if I got one of those?


Dont listen to someone who says they are uninformed :roll:

Australia is extremely strict about who they let in, and who they will let work. There is no such thing as 'temporary permission to live in australia' :roll:

Your options are...

Visitors (tourist) visa - valid for a year, no working.

Student holiday working visa - valid for one year, you can work, but not for longer than three months for one employer. And this wont help you get in long term at all.

Short stay business visa - if you have a skill thats required by an australian company that they cant find locally, they sponsor you to come to work for them for a couple of years. You can only work for them during this time.

Permanent visa - you need to have enough points (a skill plus experience, plus a bunch of other requirements) and to go through a mountain of paperwork and it'll take six months, or more likely a year. More if there are any problems. You can also be sponsored by an employer but thats no guarantee you'll get permanent residency, and you need to have a very high level of skill to be sponsored for permanent residency.



If you're remotely serious, then you need to be reading http://www.immi.gov.au/ not asking random people on the internet.


I read it after, I asked random people on the internet first, to find out where to start, thank you.
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Postby Guest » Thu Apr 24, 2008 6:53 am

Sar wrote:The sponsership sounds like the best route. I work for an investment bank in the UK and I know our Sydney offices are crying out for staff to move over there and as far as I can tell most investment banks are searching for people with finance and accounting degrees as they seem to be rather limited. The bonus is the HR dept sort out all the paperwork for you to.


Sydney seems like its pretty cold, I was hoping to go to the Gold Coast.
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Postby drowningbitbybit » Thu Apr 24, 2008 7:19 am

Sydney isnt cold! At all!
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Postby Hang11 » Thu Apr 24, 2008 7:22 am

Sydney isn't cold, but it's full of poofters :D
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Postby billie_morini » Thu Apr 24, 2008 7:42 pm

Thromback,
there is an expression applicable to many of the posts here. It is, "Words from the wise discourage..." In contrast, I have rarely seen a young person not succeed in big travels and work when they put their mind to it. This has been going on for a long time and I can tell you stories from 25 years ago about a young woman that left New York City to live in Los Angeles. She didn't know anyone, but thought it was someplace she wanted to be. She's been there every since. I can tell you about a young woman 30 years ago that left Alabama for London and would still be there if she hadn't met and married me. I can tell you about a young programmer from New Zealand that worked in the UK and USA because he wanted to. I can tell you about a Santa Barbara kid that went to surf last year in Afghanistan (!) and discovered a very neat business to start. These people didn't always have the best jobs and money was tight sometimes, but they would not trade their experiences for anything. Here is the most appropriate phrase for you, "Where there is a will, there is a way."

I'll add that if I was young I would do it. Hell, at at age 46 I left a Fortune 500 engineering firm in California to work in academic research in Germany. It didn't go the way I planned, but I will not trade the experience for anything. As a result, I ended up with the best job of my life 2 years later back in California. Get this! At present there is a very large engineering firm in Germany that wants me to come work for them. You never know what is going to happen in life, so you should live it, and you will find marvelous things. And, sometimes, these things lead to things we didn't expect. That is the fun of it.

If you don't go to OZ, you'll always wonder, "What if..." I assure you, with ingenuity, you will make it work.
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Postby drowningbitbybit » Thu Apr 24, 2008 9:01 pm

billie_morini wrote:there is an expression applicable to many of the posts here. It is, "Words from the wise discourage..."


:roll:
If you read the threads, you'll see that they're encouraging, but pointing out the realities. You can be as optimistic as you like but that doesnt count for jack when it comes to filling in an immigration form.

As was said in the beginning, a youngster with a degree will get in and should give it a go, but dont expect it to be a simple matter.

Optimism is brilliant. Preparation is better.

At least when its come to Australian immigration.
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Postby RJD » Thu Apr 24, 2008 9:20 pm

Yep - you have to be positive and optomistic when traveling or moving country.

You also have to be organised with visa's , flights etc too. Australia wont like it if you turn up without sorting it all out first.
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Postby Sar » Thu Apr 24, 2008 10:26 pm

Hang11 wrote:
Sar wrote:The sponsership sounds like the best route. I work for an investment bank in the UK and I know our Sydney offices are crying out for staff to move over there and as far as I can tell most investment banks are searching for people with finance and accounting degrees as they seem to be rather limited. The bonus is the HR dept sort out all the paperwork for you to.


I work for an oz investment bank too, indirectly, and you're right, finance staff are at a premium for them, if you have the right experience.

Not so sure about investment bankers though, seems to be a bit of a cull going on over in oz with those fellas, and they're all running around like headless chickens trying to figure out how deep in the poo they really are at the moment.


thanks - yes I did fail to mention that they were after experience. They need people who can do the job quickly which is why they're trying to poach staff. The good thing about and accoutancy kind of role that it can lead to finance audit roles, though I wouldnt chose to be and auditor myself with the hugh mess that the banks have got themselves into means that there will undoubtably be more audit requirements so the need for even more auditors. Job for life - dont think theres many of them left in the world :roll:
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Postby Hang11 » Thu Apr 24, 2008 10:47 pm

I'd rather chew off my own nuts than be an auditor. Did it for a few years after leaving school, never again. Quite possibly the most boring job ever IMO.

The choice stuff with investment banks is bagging CFO roles in the companies they invest in, nice and varied, pays well, pretty interesting as well.
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Postby Sar » Thu Apr 24, 2008 11:07 pm

Hang11 wrote:I'd rather chew off my own nuts than be an auditor.


:lol:
to true, I guess thats why its a job for life....its like a life sentance so nobody wants it for life. Though some weird part of me wants to go in, pick apart a process and have the power to demand change :? and then not actually have to do the changing part myself.....mmmm lazy power!!.....think the sooner i get out of the finance industry the better! :roll: :lol:
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Postby Guest » Thu Apr 24, 2008 11:42 pm

Hang11 wrote:I'd rather chew off my own nuts than be an auditor. Did it for a few years after leaving school, never again. Quite possibly the most boring job ever IMO.

The choice stuff with investment banks is bagging CFO roles in the companies they invest in, nice and varied, pays well, pretty interesting as well.


I thoughtwith investment banks, you have to work like 60-80 hrs a week? I read about it (at least in the U.S.) it is a hard job to obtain and keep and extremly stressful. Thanks for everybodies help.
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Postby MTPockets » Mon Apr 28, 2008 2:48 pm

Thrombeck - you've received some good advice here. It is a process where you need to read up on the immigration rules in depth. There are loads of different avenues (including state sponsorship - where particular states are looking for certain skillsets (e.g. finance), but you need a number of years experience).

You could look at going out on a working holiday visa and trying to get sponsored while out there - although this is pretty hard to do in practice so quite a gamble (although you'd have a great year). Otherwise, I think (please don't take anything I say as fact without checking) the rules changed last year re. studying, whereby if you study full time for at least 2 years, on graduation you are given a temprary work visa - so could possibily wangle sponsorship that way (although I don't know how employers view it).

Generally, I don't want to be at all negative, but i'd say DBBBs advice is the most pertinent - in that you really should read up and get advice. Loads of agents will give you an initial assessment for free. Although this isn't gospel, it will give you an idea of where you stand/options you have.

Anyway - I totally understand where you're coming from - Australia is a great place - in fact I just received my permanent visa grant today (woohoo!!) so I'll be off to sydney pretty soon to join the ranks of brits in and out of the surf. Good luck mate
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Postby MTPockets » Mon Apr 28, 2008 2:53 pm

Oh - and quick question to those who posted about working in investment banks. I do too (Fixed Income trading - well I did until I just resigned...).

If you feel comfortable saying so (and no worries if you don't) would you mind letting me know any banks that may be looking to hire in sydney? Already spoken to some agents, but be great to have any other starting points.

Cheers
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Postby billie_morini » Mon Apr 28, 2008 8:19 pm

I read that Australia just gave approval to allow Indian college students studying in Australia to work part time. The story was in the Times of India newspaper last week. Maybe Australia has something like this for where you come from, you'll enroll in a couple of classes, find a part time job, and work your way into your career.
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Postby Hang11 » Mon Apr 28, 2008 10:24 pm

MTPockets wrote:Oh - and quick question to those who posted about working in investment banks. I do too (Fixed Income trading - well I did until I just resigned...).

If you feel comfortable saying so (and no worries if you don't) would you mind letting me know any banks that may be looking to hire in sydney? Already spoken to some agents, but be great to have any other starting points.

Cheers


Investment banking? Doubt it. They are culling staff. I'll have a word with a couple of contacts there and see if they know of anything, but it's not exactly a growing industry at the moment!

I work for an IB, but am not an investment banker (thankfully).
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Postby billie_morini » Tue Apr 29, 2008 7:26 am

Throm,
have you seen this website: http://www.liveinaustralia.com/?

It's a service that assists people that want to immigrate to Australia. There is some useful information there. They try to tell you they've got the inside track on this. I don't know if they do, but I get a lot of emails from them with offers to perform assessments to determine my chances of obtaining entrance to the country. Although I possess desireable engineering expertise, my age is passed the gevernment established cut-off age for favored skilled immigrants.
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Postby RJD » Tue Apr 29, 2008 8:31 pm

IMO unless your case is complexe, if your not up to reading and understanding the imigration website of Aus or NZ, and cant or dont wnat to fill in the forms, you shouldnt be going anyhow.

Immigration consultants are a step up from estate agents but its a small step..
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Postby surf patrol » Tue Apr 29, 2008 11:47 pm

RJD wrote:IMO unless your case is complex

I agree, the process is pretty straight forward if you meet the criteria, paying $$$ for an immigration consultant is a waste.

My sister is using one at the moment to get out to Australia, her case is not clear cut but she says that her consultants are rubbish. They don't actually do anything for you, you still do all the running around and form filling yourself.
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