More banking staff are turning to work as lecturers at colleges and universities.
A staff member from a HCM City-based university said, “The number of applicants for lecturing has considerably increased over the past two years. Last year, a candidate had to compete with up to 10 people, compared to just 2-3 people previously. The number has doubled this year, particularly in banking and finance.”
The number of candidates who has applied for other universities has also on the rise. The Administration Faculty of the Hanoi Law University recently advertised for lecturers and received 50 applications, with 14 selected.
Minh Hong, a finance master degree holder said as banks were facing difficulties she had turned to academia. “I followed some of my friends to apply as a teacher. But, it is quite difficult to be chosen because of the high competition. I have applied to several colleges and universities, but have not yet been selected.”
Thanh Lam, a probationary lecturer at a university said, “After completing a masters in finance, I worked at a bank for 4-5 years, but now, due to the economic difficulties, we have been assigned to fulfil revenue targets, while our incomes decreased. Therefore, as soon as I finished the masters, I decided to turn to work as a teacher.”
Thuy, an accountant at a telecommunications firm turned to lecturing at a college in HCM City. She said, “It’s true that working at a company could mean you earn five to seven times more than as a teacher, but you have to work very hard from early morning to late afternoon. There’s more competition nowadays.”
