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packing it in, going home and going back to school, anyone?

 
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fosterman



Joined: 16 Nov 2011

PostPosted: Fri Jan 27, 2012 7:54 pm    Post subject: packing it in, going home and going back to school, anyone? Reply with quote

Anyone been here a few years and decided that they wanted to return home, go back to school get qualified in something new and start again?

Does anyone know anyone who has done this?

I T
seems to be in huge demand where I am from and the salaries are 6 figures for people who make their way up, maybe within 5 years I could be earning 6 figures,
ESL will never pay that.

so I was wondering how hard could it be, I mean go home, back to school and get a career in something completely alien to me.
anyone know someone who has done it?
any stories to tell?

looking for motivation


Last edited by fosterman on Fri Jan 27, 2012 10:53 pm; edited 1 time in total
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edwardcatflap



Joined: 22 Mar 2009

PostPosted: Fri Jan 27, 2012 8:34 pm    Post subject: Reply with quote

If money's your only motivation, why not try to get into financial trading? You'd make much more than an IT guy.
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fosterman



Joined: 16 Nov 2011

PostPosted: Fri Jan 27, 2012 10:53 pm    Post subject: Reply with quote

edwardcatflap wrote:
If money's your only motivation, why not try to get into financial trading? You'd make much more than an IT guy.


to risky
can day trade at home if I wanted to.
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morrisonhotel



Joined: 18 Jul 2009
Location: Gyeonggi-do

PostPosted: Sat Jan 28, 2012 12:25 am    Post subject: Reply with quote

I was only in Korea for two years. I have a place at university to study for a master's in international development with a focus on governance and conflict resolution which starts in September. It's better moving towards a career you want now rather than waiting as, clearly, you'll find it harder and harder the longer you leave it.

I know a guy who taught in China for 6 years. He went back to university for an MBA and now works for Samsung in some kind of business strategy role.
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jonpurdy



Joined: 08 Jan 2009
Location: Ulsan

PostPosted: Sat Jan 28, 2012 12:09 pm    Post subject: Reply with quote

I went to Korea straight out of university and curious to see how teaching would be, taught for three years at the same elementary school (stayed because I loved it), and am in the middle of getting my B. Ed. at OISE (Toronto).

I decided to get my license because without certs your pay ceiling is quite low. Other benefits as well (international schools, good pay and pension in Ontario).

Of course, if you don't like teaching then this would not be the option for you.
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alongway



Joined: 02 Jan 2012

PostPosted: Sat Jan 28, 2012 4:05 pm    Post subject: Reply with quote

Quote:
seems to be in huge demand where I am from and the salaries are 6 figures for people who make their way up, maybe within 5 years I could be earning 6 figures,

Very few people get that. if they did, everyone would be doing IT.
IT is extremely broad and covers many kinds of things like:
programming
hardware
support
system administration
as well as several specific niches in each category
in 5 years at best, you'd be some junior guy somewhere.
It would take you 2-4 years to retrain. You're not going to get 6 figures off a 2 year re-train, not likely anyway.
and no one is going to toss you into a 6 figure job without experience. And certainly not with just a year or two.
The 6 figure industry jobs, like system administrators for big companies and top programmers, etc all belong to people with good solid industry experience, track records, and skills. Maybe in 10 years.
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youtuber



Joined: 13 Sep 2009

PostPosted: Sat Jan 28, 2012 7:46 pm    Post subject: Reply with quote

Whatever you choose to do, make sure that you are genuinely interested in doing that job and that you enjoy it.

Money does not equate with interest.

None of the IT people in my company make six figures, by the way.
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Julius



Joined: 27 Jul 2006

PostPosted: Sat Jan 28, 2012 8:59 pm    Post subject: Reply with quote

morrisonhotel wrote:
I was only in Korea for two years. I have a place at university to study for a master's in international development with a focus on governance and conflict resolution which starts in September. It's better moving towards a career you want now rather than waiting as, clearly, you'll find it harder and harder the longer you leave it.

I know a guy who taught in China for 6 years. He went back to university for an MBA and now works for Samsung in some kind of business strategy role.


How are you financing your Masters?
I'd like to get an MA in the US but the cost when you take everything together.. is just insane.
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shaunew



Joined: 17 Apr 2007
Location: Calgary

PostPosted: Sat Jan 28, 2012 11:07 pm    Post subject: Reply with quote

I've been here for 7 years. I am leaving in 6 months with my family back to Canada. I am in the process of getting my Certified Management accounting certification (CMA). I am planning on entering the field with payroll and moving up after completing my CMA within 2 years. As well, I am doing a payroll certification course that will give me a foot in the door in the accounting world. If all goes as planned I will be working as a CMA making over 100k after about 4 years.
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Swampfox10mm



Joined: 24 Mar 2011

PostPosted: Sat Jan 28, 2012 11:12 pm    Post subject: Reply with quote

shaunew wrote:
I've been here for 7 years. I am leaving in 6 months with my family back to Canada. I am in the process of getting my Certified Management accounting certification (CMA). I am planning on entering the field with payroll and moving up after completing my CMA within 2 years. As well, I am doing a payroll certification course that will give me a foot in the door in the accounting world. If all goes as planned I will be working as a CMA making over 100k after about 4 years.


And we won't be able to see your avatar anymore.

That sucks.
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morrisonhotel



Joined: 18 Jul 2009
Location: Gyeonggi-do

PostPosted: Sat Jan 28, 2012 11:55 pm    Post subject: Reply with quote

Julius wrote:


How are you financing your Masters?


Full scholarship. As for studying in the US, some of the more prestigious places are finally offering means-tested scholarships to international students.
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myenglishisno



Joined: 08 Mar 2011
Location: Geumchon

PostPosted: Sun Jan 29, 2012 8:06 am    Post subject: Reply with quote

If there was a sure fire way to make 6 figures in this economy, everyone would be doing it. Truth is, no one without connections truly knows how much they'll be making. That and what is promising now may not be promising by the time you've finished your training and want to start working.

Going back home without a job in hand is a risk. Going back to school lessens the risk but it is still risky.

When I think about leaving Korea, I go on Facebook and check out friends who have a better education and are generally smarter than me to see what they're doing back home. It's my barometer for seeing if Canada is worth returning to. Despite being out of school for awhile, everyone seems to be working for a little bit more than minimum wage with the odd person doing better but only because they joined the military or police force or some other job that only a specific kind of person would do.

I also know people who went to college/community college for trade trading only to have the unions/perks evaporate before they really got going. A lot of formerly high paying jobs are turning into $10 an hour jobs with no benefits. I do not envy new teachers back home.
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madoka



Joined: 27 Mar 2008

PostPosted: Sun Jan 29, 2012 8:48 am    Post subject: Reply with quote

myenglishisno wrote:
If there was a sure fire way to make 6 figures in this economy, everyone would be doing it.


A six figure salary is not what it used to be.

I recently spoke to someone with a low six figure salary who kept complaining about how difficult her finances were her. She has two kids and lives in California. Here was the rough annual breakdown:

$70,000 after taxes and deductions
- $30,000 for rent (modest condo $2100), HOA ($200), and all utilities
- $12,000 for childcare ($500 per month per kid)
- $8,000 for food ($22/day to feed the three of them)
- $8,000 for car (Camry), insurance, registration fees, and fuel
- $1,000 for clothes
- $9,000 for health care insurance

That leaves her with about $2000 for everything else in life for the year! None of her expenses seemed outrageous and all were pretty necessary. While the solution maybe to move out of California, but then she wouldn't have a six figure salary either.
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