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Need job related advice (Java)

Francis Dominic

Joined: Aug 05, 2008
Posts: 1

I have been offered a job in a large financial company as a java developer (One among ML, JP, Lehman, etc) in Mumbai, India.

I have 2 years experience and am working at a much smaller company but for a salary above the industry average (in mumbai atleast)

What i would like to ask is, that what should my salary expectations be over here? the salary negotiations are not yet completed, and i needed a figure to quote.

Also, how is working in these financial companies like? during the interview i was told that it would be a high pressure job with long hours, etc.
also, it might be core java only, so i might lose touch with newer enterprise technologies in java.

on the positive side, i would get a lot of finacial domain knowledge..

so i would love you hear your opinions on this...

arulk pillai
Ranch Hand

Joined: May 31, 2007
Posts: 3371
positives are

-- gain domain knowledge in finance
-- finance/insurance industry pay is better but expect you to work long hours
-- brand name will look good on your resume


-- you may lose touch withh enterprise java technologies
-- long hours

You need to weight out what you need.

[] | [Java job hunting know how] | [Java resumes]
Sunit Gupta
Ranch Hand

Joined: Jul 21, 2008
Posts: 44
Originally posted by Francis Dominic:

on the positive side, i would get a lot of finacial domain knowledge..

Don't even count on that

Work in these kind of companies is typically support / enhancement type, hardly a fresh development. This kind of work will hardly enhance your domain knowledge.

What you'll realistically get is good package, good infrastructure and a brand name which you can use later on....and though the trend is actually towards core java these days, it's quite unlikely that you'll get even a good enough exposure in core java as the Indian centers of these companies really get the most peripheral work and have to literally beg for projects from the parent company in US or elsewhere.
[ August 06, 2008: Message edited by: Sunit Gupta ]
Sree Chinna
Ranch Hand

Joined: Jul 15, 2008
Posts: 42
Certainly agree with Sunit Gupta.
Rajkamal Pillai
Ranch Hand

Joined: Mar 02, 2005
Posts: 445


I was previously with a financial firm and I would like to make a few statements about the same. The job description included maintenance and upgrade for the systems already in place. So I guess there was no ground-up development. One thing I felt a little disappointed with was as the firm was not looking for free-ware for development I would be more involved with third party software that were not as popular as their free-ware counterparts. As far as the domain knowledge is concerned it really did give me more insight into the financial domain and practices followed as well as experience on 3rd party frameworks. To elaborate how could anybody do any development, be it maintenance or upgrade on any software project without knowing the proper functionality? (I believe by knowing the functionality one becomes more aware of the domain as well.) Another way how the financial experience helped me was in the authenticity of my profile. You must certainly be aware that any financial firm is the one to run more stringent verification checks on its employees.

Cheers & Good luck,
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