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University Taylor's University Thread, Now a full fledged University =D

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MsZee
post Aug 11 2010, 12:58 AM

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Hi

I'm new in this forum and stumble upon it when i was searching for more info on TUC's BA in Accounting & Finance in collaboration with UWE. i have a few questions regarding this course and would greatly appreciate it if any of you guys could help shed some light on this.

I am actually an accounting diploma holder and interested to study for a degree. I also have a 3-year experience working in a multinational oil and gas company. Now, my question is what's the max. exemption for a diploma holder + mature students? Is It possible for me to be exempted from year 1 and 2 and straight away enroll into year 3? Another course that I am interested in enrolling is Help UC BA in Accounting and Finance in coll with UEL. But I'd like to see what other options is available for me, plus Taylor's is nearer to home. Some of my friends with the same diploma as me straight away enroll into UEL course immediately after their diploma and got a 2-year exemptions so they only enroll into year 3.

I am not planning to apply for any study loans as my EPF account is sufficient enough to pay for a-year fees provided I enroll into year 3. Reason why I'd like to study for a degree instead of going to ACCA straight away is because I am currently taking a career break and studying for a degree would be the wisest choice at the moment not only in-terms of my short-term career progression but also beneficial in a way that it gives me an additional qualification and exemptions into ACCA. I do have a plan to study for ACCA later as my long term goal but right now I have loads of commitment to fulfill so it is not be possible to do it full-time, though I must admit that taking ACCA would be a more cost effective option. Currently, if i were to study for ACCA, I am exempted from all papers in part 1 (knowledge level) and 3 papers from part 2 (skill level) so that leaves me with 8 more papers to go.

So if there were any of you guys who actually did enroll into year 3, I hope u could share some of your experience with me. Thanks.
MsZee
post Aug 11 2010, 01:53 AM

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QUOTE(Hikari0307 @ Aug 11 2010, 01:39 AM)
I can't give you any definite answer. As far as I know a relevant Diploma that have similar syllabus and structure would normally give you exemptions up to one year of study making the degree into two years. Now on the base of your work experience I can't answer that and neither can Taylor's I think. What you can do is go and see counselor, explain the matter to them and they might forward you to the Dean or probably ask you for certain documentation to send over to UWE to be assessed as usually TUC won't have any power on this matter and it is up to the faculty in UWE to decide.

Here's something I pulled out of their website.
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Hi Hikari,

Thanks for your prompt reply. I will drop by at Taylor's one of these days to get more info on this.
MsZee
post Aug 11 2010, 03:31 AM

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QUOTE(nicky87 @ Aug 11 2010, 02:09 AM)
While I wasn't exempt from anything cause I entered after A-levels... from what I do know about the programme is that usually diploma holders enter at year2. Generally Bristol Business School(BBS) is ranked higher than UEL's biz school hence they may have more stringent requirements. On the work experience part I am clueless sooo not going to go there. As far as I know, the exemptions from ACCA come from the second and third years... so I would wonder if you are eligible for the exemptions if you were exempted from the modules in UWE.

Generally,
Audit and Corporate Governance(yr2) will give you exemptions in F8,
Tax and Tax Planning(yr2) exemption is F6,
a combination of Financial Accounting(yr2) and Corporate Reporting Theory and Practice(yr3) will give you the exemption in F7,
a Combination of Corporate Finance(yr2) and Finance Management(yr3) will give you exemptions in F9 and
finally a combination of Management Accounting(yr2) and Advanced Management Accounting(yr 3) will give you an exemption in F5.

As you can see year2 forms a significant portion of the exemptions so you may want to clarify with UWE/Taylors/ACCA whether you will be eligible for the exemption if you do not complete these modules... when I took the programme I specifically picked Audit and Tax to gain exemptions and those friends of mine who did not complete Audit now have to do F8 in ACCA...

Whether or not these exemptions from ACCA are a god send or not I am not too sure cause I sure as hell am having a hard time in the professional papers without the knowledge from the F-level papers... just picking it up as I go >.>

All that said I highly recommend this degree as the lecturers are highly dedicated and helpful ^^ I truly enjoyed my time in Taylor's completing this degree and would not trade it for a life in ACCA F-level LOL ^^;;
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Hi Nicky,

yes, i do agree with what you have pointed out and most of the subjects you mentioned in the year 2 syllabus of the UWE degree programme have been covered in year 2 and 3 of my diploma. As for the ACCA F-level, i only need to sit for F7, F8 and F9 based on my current qualification and this i believe was due to the missing bits that should have been covered by some of those year 3 subjects you mentioned in the degree programme.

Well, studying for the degree may not be the best possible options as compared to having an ACCA which would make you the definite choice of the employers. But as i have mentioned earlier, my career is on the rise and having a degree would definitely has it's advantages at least for now. Of course, provided that i could finish it in 1 year as i can't be leaving my job for long. If everything goes well, i could be doing my part 3 ACCA later-on on a part-time basis. But if worse comes to worse, i might just resort to plan B i.e. continue with ACCA straight away instead.

This post has been edited by MsZee: Aug 11 2010, 05:04 AM
MsZee
post Aug 12 2010, 04:48 AM

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QUOTE(nicky87 @ Aug 12 2010, 02:40 AM)
The point is although your diploma has covered the relevant subjects but their content has not been recognised by ACCA, where as the modules in UWE have been recognised as satisfying ACCA's criterias. In fact if you pass Audit and Corporate Governance with 50marks or more you would be exempted from ICAEW's audit paper as well. F8 the audit paper is a purely second year subject though wink.gif Anyway my point is that although UWE/Taylors may agree to let you into year 3 ACCA may not give you the full exemptions as you have not completed the said modules I have described. So I guess you should clarify this point before joining the programme to avoid any misunderstandings.

Personally I don't enjoy ACCA life ^^;;;
yeah you can continue with P level fulltime without working like I am doing right now....
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Actually UWE is not the only course that's on my radar. My first choice is actually to go into UEL course at Help as they are known to have been taken students with my diploma with full exemptions from year 1 and 2 subjects. But of course, UEL's Audit subject is in their year 3 syllabus where as UWE's is in their year 2 (both are optional papers) so the placing of the subjects could be the reason with regards to the modules exempted at degree level. But really, I don't mind not getting into the UWE course as time is of the essence for me right now and I don't plan to study another 2 years to get a degree, i might just go to Help or drop the whole degree idea altogether and go for ACCA instead. I am merely looking into other options preferably those closer to home and that took me to consider courses from Taylor's, Sunway, SEGi etc. Afterall, most (but not all) accounting and/or finance based degrees could earn you up to full f-level papers exemption from ACCA. But I'll go see their counselors anyway just to check on the modules i could gain exemptions on, it won't hurt to try and who knows i'll be in for a little surprise.

This post has been edited by MsZee: Aug 12 2010, 05:01 AM

 

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