Soaking It Up Like Spongebob

I am currently back in the training room for bank products, loans & investments training for the past week and due to finish by next week. I had to sacrifice some school lectures for this, but I would say it has been worth it. Gaining real practical knowledge applicable to the industry definitely beats theory and empirical study.

Bank products turn out to be a totally different ball game from credit cards, it is so much more interesting to see how financial instituitions make money. Small things like earning the spread on FX differentials, sales charges for brokerage contracts, even time deposits - there is just so much to learn and it makes my brain work overdrive thinking how to make these things work for me in the future.

Today the trainer released the results of our first test which we took last week, and which had a passing requirement of 80%, and I topped the class! Haha, not only that, I was the only one who passed. Not bad for the only part-time staff in class. :p I went to my direct supervisor's desk after lunch and after getting an earful from her for sending out an email to the whole department to look out for my missing access pass (which I sheepishly told her I eventually found it in my wallet), I told her the test results and she was absolutely thrilled.

My army buddies who are working and studying with me asked me why I skipped school for work. The answer is very simple, textbooks can give you knowledge and understanding - I definitely feel that me studying banking and finance played a very crucial role in passing my test - but I study what I study because I want to work in a bank after graduation and since an opportunity presented itself for me to gain real life, day to day knowledge, why should I not go for it? Besides, I am being paid to learn, and it is not often that you go to work looking forward to what new things you can learn.

Banks may not be the best place to work right now, but economic cycles rise and fall, and it will definitely rise again. No worries on that front, but having said that, I must not neglect my studies. After all, I am still but a student working part-time. :)