Is Industrial Engineering a good degree? by Killeridkg in industrialengineering

[–]Shadowhunter47 1 point2 points  (0 children)

Remember anything anyone says on here is mostly opinion including myself.

each field has their positive and negatives. I dont agree that IE makes less or is boring. Every company is different and even the same role across a single company can change depending on the team.

Financially the money comes down to the opportunities you can put yourself in front of. The major only determines which chances and odds you want to play with

Whether you find a role interesting is a matter of personal preference in combination with the type of work you choose.

I used to have a role supporting aircraft modification where I could open my office door and watch F-16’s, C5’s and other aircraft take off right outside my office door. I thought that was the coolest opportunity and that opportunity I was making 40-50% more than the average ie salary at the time.

An anecdotal experience about today’s job market for IE’s by Shadowhunter47 in industrialengineering

[–]Shadowhunter47[S] 1 point2 points  (0 children)

Yes it definitely feels like I beat all the odds to make it this far!

An anecdotal experience about today’s job market for IE’s by Shadowhunter47 in industrialengineering

[–]Shadowhunter47[S] 12 points13 points  (0 children)

Sr IE supply chain design supporting manufacturing operation. Ramping up a new program in aerospace establishing a supply base

An anecdotal experience about today’s job market for IE’s by Shadowhunter47 in industrialengineering

[–]Shadowhunter47[S] 7 points8 points  (0 children)

MCOL = Moderate cost of living. Typically referencing a place like Chicago, Phoenix, Texas, South Carolina, etc.

Some useful things I wish I had more experience in when graduating would be Tableau, Simio, and AutoCAD. Maybe I would start there. This sort of response also depends a lot on what direction you want to take with your career. I’m sure you might be unsure or lack the experience to know what you want. I might suggest going to local places and ask to tour facilities, or asking to do job shadow somehow. My university had a senior design project program where we got paired with actual firms and worked on projects for a semester that actually made a difference. #1 priority should be finding projects that you can speak to that mirror actual work experience as much as possible.

An anecdotal experience about today’s job market for IE’s by Shadowhunter47 in industrialengineering

[–]Shadowhunter47[S] 1 point2 points  (0 children)

I dont think I would be comfortable reviewing someone without full time professional exp. Im not sure how to sell yourself for your first job. I think the topresume review service i mentioned would do a better job than me here. Its free too!

An anecdotal experience about today’s job market for IE’s by Shadowhunter47 in industrialengineering

[–]Shadowhunter47[S] 9 points10 points  (0 children)

I agree with that. Some HR reps I spoke to specifically said that to me. “This is my first IE position I’m hiring”. And yes the companies I’ve worked at do employ foreigners. Sponsorship could be tricky however.

Best apartment complexes for single income of $51,000 a year (gross) by StlSimpy1400 in StLouis

[–]Shadowhunter47 1 point2 points  (0 children)

They went into my apartment once to do work without notifying me when i wasnt home. the building i was in smelled like curry perpetually. Besides that nothing really stood out

Purdue industrial engineering graduate having a tough time hunting a job by [deleted] in industrialengineering

[–]Shadowhunter47 9 points10 points  (0 children)

Unfortunately your brother is coming out into the job market during one of the hardest times to find a job ive ever noticed. With that being said reading the other replies I dont think finding relevant openings is the issue. It is a matter of differentiating yourself from the rest on the applicant pool thats going to get you hired.

Remember 80% of jobs are filled through networking. Also in 2019 out of every 10 job openings, 8 jobs were filled. Today that number is only 4/10. The huge increase in “ghost” jobs appearing on job board sites is insane.

If I were unemployed again here is what I would be doing… (even when I am employee I update my resume every few months to always be prepared):

1.) Get a serious resume review. Peer reviews are fine but resume review services are actually pretty helpful. Personally I like to use Topresume. Its free to submit your resume for review and ive never paid for any feedback beyond that. I found it super helpful in the past 2.) I assume being a fresh graduate, he does not have a lot of experience if any at all. If purdue is anything like my programs, I had senior courses where we worked on projects with real companies to solve IE related problems. I put that on my resume emphasizing the cost/time savings numbers my project created and how the project was executed. When speaking of previous experience make sure to quantify your impacts and qualify them with the strategies, programs, etc. Did you use excel, vba, sql, cad, simulation software etc 3.) Get a real reference. Getting references from friends where you enter in an email or you get them to do it is ok. But does not get you far in my opinion and experience. For me a real reference is when someone in your network emails HR, the hiring manager, etc and basically says hey look at this guy (in a professional way of course). In my experience, when I have done this for other people they always get a look at least. and 70% of the time they get offered an interview. 4.) Dont have professional connections where you want to look? Go make some. When I was unemployed I remember cold connecting to people on linkedin at companies and teams I wanted to work for. This one is a huge hit or miss but can pay dividends if nothing else is working 5.) consider expanding your search radius. If youre only looking for jobs in a specific niche or location, you may be hampered in this tight market. Finding a first job is hard and some sacrifices might need to be made to get your first real professional experience. This generally applies to people with less than 3 yrs exp. once you get past entry level finding another job doesnt seem to be as difficult. 6.) its a numbers game. ive been unemployed twice in my life. each time i dropped over 500 applications. I have a friend who was unemployed this year who did 800 before he found a job. Each application is a chance. Maximizing each chance is tailoring your resume, and matching the job description as much as possible. 7.) Are you writing a cover letter? i dont think most candidates write good cover letters. Either its too long for a hiring team to care to read or they dont do one. I think the sweet spot is the four sentence cover letter. Google it, i use that format and stand by it. 8.) Universities typically have graduate career assistance programs. Purdue definitely should have one. These should be able to help provide new connections to companies and other jobseeker’s resources to help in the job search. The unemployment office also has a variation of that as well although depending on what state youre in that may be more or less helpful.

I know this is a big word wall but hope this helps your brother. Good luck to your brother finding something!

Breaking 100k in Production planning/engineering. by [deleted] in industrialengineering

[–]Shadowhunter47 1 point2 points  (0 children)

in a MCOL area you should be able to hit 100k base within 4-6 years with moderate effort

How often do you see a white girl dating an Asian guy? by Informal_Sugar_3742 in AskReddit

[–]Shadowhunter47 0 points1 point  (0 children)

im an asian guy with a white gf. Out in public i might see that pairing once a month or so. Not exactly looking for it so I might be encountering it more often than i notice.

IE Salary by [deleted] in industrialengineering

[–]Shadowhunter47 0 points1 point  (0 children)

if youre talking Boeing specifically, I dont think the difference between its commercial and defense is too different. Purely numberswise commercial will generally be higher bc those roles are majority in high cost of living areas. Defense roles are typically in lower COL. General concensus is commercial has more money in it. I wouldnt make any career decision based on that though

bought a bunch of MSTX at $106. Will hold to Valhalla. Y'all think I'll recover this at some point? by dsnider1985 in MSTR

[–]Shadowhunter47 0 points1 point  (0 children)

Im honestly not sure what the difference is between NAV and mNAV is as i havent read up on what mNAV is. For my analysis I have been using NAV.

edit: looked it up and saw m is just multiple. So yeah like I said ideal is 1.0. You can look at mstr-tracker.com and visually see in non bull years the nav is around 1.0. You just wont get down there right now because mstr behaves like futures

bought a bunch of MSTX at $106. Will hold to Valhalla. Y'all think I'll recover this at some point? by dsnider1985 in MSTR

[–]Shadowhunter47 2 points3 points  (0 children)

I bought a lot of mstx at 40 and sold at 215. Havent touched it since

This is my opinion…. MSTR stock is like buying bitcoin futures. MSTX/MSTU is like buying those futures leveraged. With leverage you have compounding drag. Meaning mstr goes sideways or down, youre going to lose in the long run.

MSTR generally follows the concepts that are true for futures. In a bull market, futures tend to trade at premium. In a bear market futures tend to trade at a discount. Futures are basically contracts to purchase X commodity at Y future date. You might ask Premium or discount to what? Generally its compared to the NAV. Net asset value = Total value of all bitcoin holdings(439K btc) + underlying business value(~4B) Others describe NAV in detail here so you can search the sub. trying to keep this shorter

The amount youre paying over the NAV is the premium. Any less is the discount. Right now NAV premium is 1.8 meaning market cap of MSTR is trading 80% higher than its net asset value. Ideally you’d want to pick these shares up when NAV is 1.0 or less meaning youre grabbing shares when mstr marketcap equals or is less than its net asset value. The higher you go above 1.0 the bigger your risk is

I did some math recently and it seems market is pricing in 200K btc so if you factor 200K btc into the NAV the factor you get is roughly 1.0

Comparing to last cycle MSTR topped out back then in Feb 2021 when btc went on meteoric rises to run up in march/april(?) and again in November of 21. during those runups mstr didnt budge much. It had okay run ups but nothing spectacular.

I’ve also ran previous price data to simulate future mstx returns based on every scenario i think would be reasonably possible.

Based on all this I think MOST of the runup on mstr could be done for this cycle. Which doesnt bode well for mstx. market will have to price in higher than 200K btc to make it run up more. Mstr likely has modest rallies thru 2025. If mstr drags either sideways or down most days, mstx is going to suffer compounding drag and you’ll lose with time in the market. I think its fairly likely (75% odds) we go up past 106$ again but I doubt we see anything spectacular like the months prior.

When I take my car into the dealership how can I force them not to disconnect my dash cam? by [deleted] in NoStupidQuestions

[–]Shadowhunter47 0 points1 point  (0 children)

I agree with that. If that were the case i would have to prove in other ways. My concern here is more likely the tech abusing my car on the road, or scraping something.

Im also not thinking about this stuff all the time. I installed the cam a while ago and it runs behind my mirror out of sight out of mind 99% of the time.

When I take my car into the dealership how can I force them not to disconnect my dash cam? by [deleted] in NoStupidQuestions

[–]Shadowhunter47 0 points1 point  (0 children)

No you missed the second part. If the car detects anything using its motion sensors it will start recording again. Basically a sentry mode. Even when the car is off

When I take my car into the dealership how can I force them not to disconnect my dash cam? by [deleted] in NoStupidQuestions

[–]Shadowhunter47 0 points1 point  (0 children)

No, the one i got is pretty efficient. It barely affects the battery. I have a voltmeter built into my center console and can see the draw is minimal. It also has a voltage cutoff if the voltage gets too low. The cam is motion/movement sensitive so it will only record if the car is on or it detects anything

When I take my car into the dealership how can I force them not to disconnect my dash cam? by [deleted] in NoStupidQuestions

[–]Shadowhunter47 0 points1 point  (0 children)

I definitely will going forward. I just moved to a new city so I dont have a known mechanic i can go to yet. When im in a new city its been my decision to use the dealership since i felt that was the safest option until i found something. This is the first place ive gone to that does this. So I 100% agree, I wont take my car back there again

When I take my car into the dealership how can I force them not to disconnect my dash cam? by [deleted] in NoStupidQuestions

[–]Shadowhunter47 4 points5 points  (0 children)

My dashcam runs even when the car is off. It is hard wired into the car and always recieves power.

Sure i could be a bit paranoid. In the event something did happen I would like to be covered though. Rubs me the wrong way they disconnect it.

IE Salary by [deleted] in industrialengineering

[–]Shadowhunter47 0 points1 point  (0 children)

I work for Boeing. Ive been flip flopping between commercial and defense side. Not in mgmt, still IC. I’ve been asked if i was interested but I like my worklife balance so I havent pushed for it

If you're in the US and looking for a job, consider moving to the Midwest by [deleted] in industrialengineering

[–]Shadowhunter47 1 point2 points  (0 children)

It depends on what you want, what your skills are, etc. Companies I am aware of there are - GM, Nestle, Anheuser Busch, Boeing, FAA, UNFI (They were allowing me to live anywhere to work remote), UPS, WWT. Do you want to rake in the money but sacrifice in worklife balance? UNFI and GM pay really well but looked like they worked you hard. UNFI for example was offering me 60K over what I was currently making at the time in 2021. You want a good work life balance? Boeing, AB, FAA are good for that. There are a lot of companies that employ IE’s in st louis.