ali haider

I know there are other topics like this already but somehow i feel this topic gets strayed on to different areas of discussion. I am really interested in knowing the workculture, type of work, work pressure, remuneration, skillsets of working in a financial domain consultancy or a parent financial company like techspan, morgan stanley etc. What is the scope of growth, how well do and can they pay etc.
I am seriously considering moving out of my current software services sector for the lack of challenges and scope of growth in terms of making a difference to a companies bottomline and hence the less pay.
I would be grateful for your feedbacks.
Thanking you,
A troubled soul

The rate for indian outsourcing is around 16-20US$ per hour for entry level developers in MNCs providing application services. My question is, is it the same rate for consultants in India.. like consulting firms like Accentuer, thoughtworks.. coz i wonder does the huge gap between working in US and working in India in terms of pay get less somewhere.........

Originally posted by KJ Reddy:
Its gives more domain knowledge to work directly to IT dept of a finance company then working for a s/w company with finance projects. Previously I worked for IT dept of a financial company and didnt find any difference for working to IT Dept of Finance company and working s/w company.

I have heard that the work in a finance company is more hectic and strenous..?

Speaking of working for consultancies, can anybody shed some light on how working for a consultancy is different from working in the services industry. In terms of quality of work, processes etc. Like in a services firm like mine, which is a reputed MNC in India, it's all about the packaging of the product like HLD, LLD, Defect metrics etc. When it comes down to actual coding its only a month for a project of six months.
I am looking for more technical work not R&D types but business oriented.

I would be very grateful for your insights and suggestions.

Thanks,
Ali

Thanks a lot for your replies guys...

are you being offered by Accenture Consulting or Accenture Technology Solutions?

Hi,
I had a few doubts in XML parsing. It would be great if you could help me out.
1) Can a SAX Parser modify the XML data as in remove elements, make substitutions in the text...or should I use a DOM object.
2) I wanted to read a DTD to read the list of entities defined in it. How could I do that.... I dont want the DTD to validate my XML I just want to read it.

Thanks a lot,
Ali

being a free lance consultant can be very rewarding. it lets you get good work and not worry much about the framework and hierarchical considerations of working in an organization. It can also mean a lot more money. I stay in india.. and was wondering if there are guys in india who are doing such work and are fairly successful in it. I have been working for 2 years in an MNC and am already starting to feel restricted and tied down. Could anybody who is working as a independent consultant or knows somebody who is.. kindly shed some light on this are. I have the opinion this sort of a profile is more common in US. I am interested in being an independent consultant for distributed systems development (J2EE).

Would greatly appreciate any feedback.....
waiting eagerly
Abhi

Hi,
is there any way to parse a Xml file without loading it in the memory... like I have a huge file I want to parse.Now laoding it in the memory might be bulky. I have to do some massaging also on the file. That I can do by loading the file in chunks. any way I can do the parsing ?? sounds not possible.. but just wanted to ask in case some one has an idea...

thanks,
abhi

Hi,
I have been wondering for quite some time now about the services verses the consulting. Although I am working in an MNC in the services domain, I feel teh place has run out of challenges so to speak. I think the consulting domain will be more exciting and fun life. Also speaking of domains i have a feeling that the financial domain will be more rewarding in terms of challenging/24X7presure and adrenaline.....an anybody clear my head.. it's been quite a while now and my head is fuzzy........

Thanks,
would really appreciate it
Ali

Originally posted by VishalGupta Gupta:
There is one more : Thomson Financials.

Where is it based... do you have any idea of the requirements, salary work life etc

Originally posted by Suresh Mahesh:
Why Sania what is wrong with my dream.where there is a will there is a way..what do you say?

ofcourse there is. And why 4 you can earn 40 and I am not joking. But ya to convert your 50L to 4 crores you need to be a better financial investor than a developer. And in that case I suggest why not quit your job, do an MBA and get into investment banking or trading. Then even 40 will seem small. All this ofcoz provided you are that good.

Originally posted by soniya saxena:
is techspan a financial company ???

not purely.. it is an IT consultancy that dabbles in the financial domain. Has clients like morgan st,goldman etc...

I am interested in moving to a financial domain. Could anybody kindly throw some light on such companies like goldman sachs, morgan stanley, fidelity, techspan(I am just aware of these).. from the point of veiw of work culture, presure, pay, desired skill sets etc...

Would be indeed grateful,
Thanks
Ali

I say go for it. You are lucky to get a higher offer in salary in the new firm. Mostly on changing from a small firm you get a pay cut. Plus, if you dont move now, later this experience will work against you. Work with small firms is not as recognized as good names in the industry. Can I ask how much experience you have .... ?