I'm a qualified accountant with degree and CPA. Anyone wanna know more info can feel free to ask me. I will try to answer as much as possible.

Yes there is a difference in salary if you got degree only compared to ACCA. Depending where you going to work. If you gonna work for Big4, ACCA salary is slightly higher than degree (not much). This is because ACCA is a professional paper. I would not suggest you do degree then ACCA. If you wanna do ACCA, don't do degree. That's my advise

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Added on May 31, 2010, 7:13 amAll degree are the same. I assume you are talking about professional paper? There are a number like CPA, MICPA, ACCA, CIMA, CA, etc. For Malaysia, all qualification papers are the same. But if you go overseas like Australia, CA is more recognise if you work in Accounting Firm while CPA is more recognise in commercial eventhough both CA/CPA is originated from Australia. Bear in mind those oversea paper is recognise in Malaysia while local one will not be recognise in oversea. For example MICPA is not recognise in Australia. For starting pay, it depends whether it's commercial or accounting firm or whether it's big4/ MNC or small company. Small-Medium company pay can start from RM1,500 while big4/MNC start around RM2,500 (big4 might have revise)

This post has been edited by calcom21: May 31 2010, 07:13 AM

Depends on what department you looking at. A person with 4-5yrs accounting experience in Big4/ Medium and venture into bank like CIMB as executive, you will be looking at RM4-5k (Depending on which department though). The range is pretty standard for most banks and does not mean if you from small firm, you getting lower pay (same like if you go big4).

Like i told you. Depends on what department. And yes, it's RM4-5k. If you not believe, then you can try and apply and see how much they offer you.

No one is trying to be hero here. If you think that RM5k is too high/low for a banking line, then by all mean give you valid reason and if you know who much ppl in banking lines are getting. Like told you, it depends on department. If you wanna me to reveal what department is that, i'm sorry i can't say much of it. I'm not getting anything from here. Just sharing info. I have friends working in accounting (Big4/ commercial) and banking lines and from executives to higher management and bet you have too. All info ofcourse from what they have told me. But how true it is, i can't say it's 100% accurate but i trusted what they told me and it's within the range. No point for me to jack up the price/ lower it. But if you have more info, please share. And for your info i got offer from a banking department before. Offer is no where near what im getting now. So that's from my friends info and offer from the bank, i know roughly how much a person is getting and also the previous person is saying "executive" that is also a general term. A person can be executive, senior executive, VP also consider as executive. So how you define it? We all here to share info and not argue. If you think my info is not right, then you can provide more accurate info. Or anyone from banking line can enlighten me if i'm wrong. I'm happy to get ppl's view


[quote=Starbucki,Jun 1 2010, 12:57 PM]Please respond with something more intelligent la if you want to play hero.

[/quote]

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Added on June 1, 2010, 1:50 pm[quote=FantasyLife,Jun 1 2010, 12:10 AM]
All degree are the same. I assume you are talking about professional paper? There are a number like CPA, MICPA, ACCA, CIMA, CA, etc. For Malaysia, all qualification papers are the same. But if you go overseas like Australia, CA is more recognise if you work in Accounting Firm while CPA is more recognise in commercial eventhough both CA/CPA is originated from Australia. Bear in mind those oversea paper is recognise in Malaysia while local one will not be recognise in oversea. For example MICPA is not recognise in Australia. For starting pay, it depends whether it's commercial or accounting firm or whether it's big4/ MNC or small company. Small-Medium company pay can start from RM1,500 while big4/MNC start around RM2,500 (big4 might have revise)

[/quote]
only RM1,500 even with degree or professional paper.. u gonna be kidding...

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Added on June 1, 2010, 12:13 am
only RM1,500 even with degree or professional paper.. u gonna be kidding...

[/quote]

It's true. If you check statistic, a lot of them earn less than RM2k

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Added on June 1, 2010, 1:55 pm[quote=elh1220,Jun 1 2010, 09:32 AM]
Am i underpaid a lot?

I know that this field is quite specialist in Oil and Gas Upstream.

Age : 24+
Job Title : Graduate Process Engineer
Job Descriptions : HYSYS steady state and dynamic simulation. Assist flow assurance studies.
Years spent in company : 1 Year
Company : Engineering Company (small scale >4 engineer including me)
Industry : Upstream Oil and Gas Consultancy
Experience before joining : Fresh Graduate
Qualification : Degree in Chemical Engineering (1st class, Local University-APEX)
Basic on joining : RM2,000
Current basic : RM2,500 + 200 travel allowance
Working hrs: 9am-6pm (flexible)
Location: Klang Valley, everyday drive 70+ km to-and-fro from work (toll: RM5.20 per day)
Benefits: Insurance Premium, annual leave, medical and dental
Financial burden: family and car loan

[/quote]


Not really sure about engineer. But from my experience in audit. The pay you getting is reasonable. Within 1 yr you getting RM500 increment that is a lot. It works out to be 25%. All from the rest of the benefits, it's quite good too. Flexi working hour, and dental (not many co having this). Any other from engineering mind to share their view?

This post has been edited by calcom21: Jun 1 2010, 01:55 PM

Are you in America or Malaysia? In Malaysia, they called executive. Those senior executive are called higher management in Malaysia. If you are working in Malaysia for sure you know this. When ppl ask how much executive is getting usually they refer to someone with experience. See the post posted by eva8389 earlier it cleary stated with "3 YEARS" audit experience to banking line. How can a person be higher (or senior executive in US term) with only 3 years of audit experience. This is too illogical for you to argue that the info is vague. You are just merely defending yourself. By all mean why you come to this website in the first place? Almost all the info here is not filter. Why bother looking at this page? You want exact figure, then go to interview and find it yourself.

Someone asking how much a person with 3 years experience in audit firm joining bank gonna get as an executive. Ppl asking for general question, obviously you gonna answer in general term. You don't expect to give an orange and ask ppl in apple in return. It just don't work that way. You are making your own assumption as i said depends on what department. I didn't say whether my friend is working in CF executive or not or whether it's in CIMB or not and yes i do have friends working in CF in CIMB and other banks like Stand Chart and HSBC. You didn't ask further on it and challenge ppl on your own doubt and blame ppl on your own wrong thinking. Ppl like you just so lazy to read and find out and need ppl to spoon feed you and expect ppl to think what you thinking. In my answer i did not say exact amount a person can get nor i said any vague figures. He did not specify what and which department he's referring to.

Don't lose hope. Tell you a true story. When i graduated, i'm far behind others. I couldn't get a job and it's true but after few years working non-related work, i landed in Big4 and had gained my experience before headhunted to work in Australia. Few years later i came back and now working for an MNC company. I won't say i'm getting a very huge pay check but i can say i'm well paid. The thing is don't lose hope and lose your focus. If you had done that degree (eg accounting) that look forward for it. Don't look back. You might earn less than other but you never know that you will earn a lot more than those top students when you are in college/uni. Do you know almost all the higher management like senior managers, CFO, CEO, COO, etc not top student when they are in college or uni? They are just moderate students. We shared our view and that in working life, it's more on opportunity and dare to take the challenge when it comes.

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Added on June 2, 2010, 12:33 pmAgreed with you. Most company giving increment 3-5% per year in line with inflation. Same goes to other country like Australia. They always give the min increment same as inflaction and anything above is a bonus. When you have experience, you can easily bargain and get headhunted by agents. At that time, you can demand what you want because they know what you want.

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Added on June 2, 2010, 12:36 pmI agreed with you. Nowaday new generation do have different thinking. I remember during my times you are looking for jobs and this time around. Jobs looking for ppl. We tend to stay and work hard to gain experience but new generation they don't tend to stay and work as hard and they can resign even before looking for a job. They called them generation Y. I came across a number of them but ofcourse not all Generation Y acted that way.

This post has been edited by calcom21: Jun 2 2010, 12:36 PM

True. They usually use country inflation rate as general. I'm in KL and i know what u mean. But if you said KL is higher, than i think Sabah is a lot higher. Food and accomodation is a lot exp than KL except they don't need to pay toll

Actually inflation rate is based on a basket of items. Some of the items are not used to calculate it but is regular use by certain consumers.

Mine sharing out why you say no difference in initial stage but there is the difference in later stage? I have my own explaination on my side based on real life but wanna hear from you side first.

Pharmacist and Doctor is highly paid. But i think i read news somewhere in few years time, we will have oversupply of phamarcist and doctor. For those who is asking whether their job is worth it or not, well you then gotta first figure out 2 main point. 1 is pay and 2 is the exeperience. If pay is low, are you learning anything currently? If no, then it's definitely time to leave. IF yes, then the next question is, do you want to stay to learn as much as you can and hop to another company or leave now? Bear in mind it's not good for you keep hopping job in a short term as ppl will think they you won't stay long unless you have the sufficient answer for it. This is the question i always ask and you will be shocked to receive all kind of answer for that

Yes, i agreed Malaysia population in upward trends. But you do have to factor in the increase of the number of people studying doctor and phamarcist. If the rate is higher than the increase rate of malaysia population, so i don't see why there can never be oversupply.

I have audited a welknown Oil and Gas company before. I can tell you that the pay you getting from there will be the same as other MNC. There might be +/- some variances depending on your experience. But will not varies so much. But i can tell you you get other benefits including bonuses which are well paid.

Those company have a range. So if you ask lower than that, they will revise to match up with their company's range. That usually happy to big co/ MNC co. They don't want you later found out the same staff you getting RM1-2k lower than them...

Bro, you in intererio designer field? You do freelance? How much to design a condo?

Age 22yo. Current salary at RM2,800 is good pay. When i first join big4, it was only RM2,100. But can't compare cos it's different timing. But i would say at RM2,800 on a med size audit firm is a good pay