troubled! - to be Accountant but not via local uni
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crazymee184:
Thanks to all for your advices! I have certainly gained a lot from it and has now strengthened my interest in accountancy and more aware of the choices available to achieve it. but will be missing out entirely in college life.
I cleared my ACCA more than a decade ago so my experience isn't the the most updated. Generally, I feel that employers prefer NTU grads over ACCA grads if both are without considerable working experience. The common perception is ACCA can be obtained on part time basis whilst NTU degree is full time. Hence most employers attach higher value to a full time degree.
After an ACCA grad acquired years of track record, the distinction became lesser as working experience would take precedent over origin of certificate, assuming both are CPAs with similar years of relevant working experience.
For campus experience, you can always pursue your postgrad overseas. ACCA is not recognised if you're thinking of pursuing Masters in either NTU or NUS. Or at least I've not heard of anyone who is successful in application among my ACCA peers. However, ACCA is highly recognised overseas. I've no problem being offered places in top Universities overseas using ACCA cert. -
sleepy:
that is called 'face' issue rather than anything else
For campus experience, you can always pursue your postgrad overseas. ACCA is not recognised if you're thinking of pursuing Masters in either NTU or NUS. Or at least I've not heard of anyone who is successful in application among my ACCA peers. However, ACCA is highly recognised overseas. I've no problem being offered places in top Universities overseas using ACCA cert.
actually some of the lecturers obtained first qualification in ACCA then get MSc or MBA plus PhD to come back and teach. i know because some are my friends. some do not even have a second qualification but extremely experienced in the industries but still teach in NTU -
IPCAS & ACCA both give credits to SIM GE & SIM Accounts students, up to 9 papers. The last 5 papers are professional level papers (considered as masters level).
Taking a degree from SIM GE is a safer bet because you have more guidance towards the degree and failure rate is smaller as compared to ACCA & IPCAS. SIM GE has UOL (LSE) Accounts & Finance or RMIT Accounts. RMIT Accounts degree qualifies you to get membership with CPA Aust.
UOL (LSE) Accounts & Finance degree is more dynamic, prepares you for both accounting roles and finance roles. Students who achieved 1st Class honours have also been able to make it to LSE/Oxford for their masters. One warning though, it is very difficult to obtain 1st class honours - less than 4% each year. Most grad with 2nd lower or even 3rd class.
ACCA is great too, and its much cheaper! However, I heard that the failure rate is very very high and so most people give up half-way. To me, if you can’t finish all 15 papers with ACCA or IPCAS then you are back to square 1.
Therefore, I believe that one should get a degree first - before attempting the final 5 papers @ ACCA or IPCAS. That is what I’m doing right now. -
As per Cookies Monster answer you should visit that site i hope you can get solution for your question from that site.
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verykiasu2010:
Big 4 has no preference between ACCA or B Acc either way
many of the Big 4 partners are also ACCA or ICAEW members
ICAEW is the so called \"Chartered Accountant\" from Institute of Chartered Accountants in England & Wales.....the most premere chartered accountant institute.....in the early days, it is VERY prestigious to be articled under a Chartered accouting firm as it must be done under in England or Wales. The Scottish and Irish chartered accountant are just as good. ACCA got its Royal Charter many decades ago liao.....but they are the most global, more than 100,000 students taking exams any time.....now even China has many people taking ACCA ....
Indeed so but it also depends on where you are. When I was in the private sector, I earned \"wah...\" when I dished out my name cards. Now in public sector, I am just another one. Being a fcca or even icaew membership did not earn me any more recognition than a local grad, who is not even a CPA. -
I came from BAcc from
Ntu and subsequently did my MBA in NUS. I started off my career like everyone else in school and I believe the big 4 only employ from
ntu or Aussie or uk grads but not Acca or cima. This is true even in today’s time where my sis told me. Of course, this is in the local context. The reason simply being that grads have been perceived to have undergone the necessary training to hone their analytical and problem solving skills. Once a fresh grad has gotten the relevant experience, in order to further the career, could choose to do CA which is more prestigious than the local degree. After a few years of experience, it doesn’t matter where you studied but where you worked at and what kind of experience you have. -
Imp75:
I believe the big 4 only employ from ntu or Aussie or uk grads but not Acca or cima. This is true even in today's time where my sis told me.
Not true. I started off with one of the big 4s and I was not from Ntu/Aussie/uk grad. Also, this big 4 which I used to work for, reimbursed my exam fees and membership subscriptions for acca. -
Haha I am indeed myopic, perhaps only my firm employs ntu Aussie or uk grads.
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Im doing Bs Accounts & Finance with SIM UOL. SIM gives me more flexibility to arrange my timetable. I am therefore able to arrange my timetable to suit an accounting firm to gain experience for the next two years. I believe this would be beneficial as I would be working for an ACCA & ACRA recognised accounting firm, as well as directly beneath a CPA.
Besides, there are cases of SIM UOL graduates going to LSE and Oxford to do their postgraduate. To be frank, it is very difficult but possible.
At that end, I think whatever course you are doing it is best to be humble and take up as much experience as you can when studying. Upon graduation, get a post grad (Im aiming for Masters in Taxation & ACCA professional papers) before applying to the big 4 and/or banks. -
Imami:
big 4 (last time big 8, down to big 6 ... ) are also generous with study leaveImp75:
I believe the big 4 only employ from ntu or Aussie or uk grads but not Acca or cima. This is true even in today's time where my sis told me.
Not true. I started off with one of the big 4s and I was not from Ntu/Aussie/uk grad. Also, this big 4 which I used to work for, reimbursed my exam fees and membership subscriptions for acca.
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