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 Acturial Science VS Accounting, deciding the right choice

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fastreader
post Mar 1 2010, 11:01 AM

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I assume u are talking about doing either both course in private uni....cos ur chance of entering public uni with those two course is practically low..

anyway, juz for ur info, accounting doesn't involve much math...I'm oso a science student doing accounting after F6...very easy...doing very well myself...
much of accounting is theory...job prospect very very very good despite many uni churning many graduates every 6 months....I've secured employemtn even b4 i enter my final semester...imagine it, audit firm are so desperate for people...Big 4 summore...
So, for accounting, job's good pay's good...hours a bit long,but we're young...so i guess u can seriously consider it...

where as for actuarial science...i dunno which pirvate uni got offer...so u mite wanna ask around a bit...or do it overseas...
job prospect wise...no comment...
fastreader
post Mar 1 2010, 03:43 PM

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QUOTE(mumeichan @ Mar 1 2010, 02:25 PM)
Your school counselor isn't giving you very good advice. You've got a B- in Maths yet you've decided to involve yourself in maths. You've passed the time when you can tell yourself "Nvm, I'll work harder later, doesn't mean bad results not will be bad results later". You'll only regret if you take up actuarial science. Don't get misled by the current fad of taking actuarial science.
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I agree with this comment....ur councilor is seriously flawed...probably wat they want is to get u off their back and provide u with some crap advise...
fastreader
post Mar 1 2010, 05:18 PM

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QUOTE(Neonlight @ Mar 1 2010, 04:47 PM)
Thanks for all the replies . Can i know which course has the most external professional papers? Acturial science or accounting?
Btw : I have some fear in pursuing accounts because i`m afriad i can`t catch up due to not having any accounts background

Once again, all feedbacks or criticism are welcomed
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I totally understand ur feeling about taking accounting when u have no basic in it...

Trust me...science student needs no basic in accounting to excel in accounting...I know, a lot people ,when u tell them that u are a science stud doing accounting, they IMMEDIATELY tell u it's difficult...which is a total rubbish!!!..
if tat is the case, how come they offer accounting to the art student and not the science student?...anyway, I'm not going to debate the science VS art stuff...I'm both art and sains... smile.gif

But what i can tell u from personal experience is that:
I am from science stream till F6, then i switch over to taking accounting in my degree. AND MY RESULT IS WAYYYYYYYYY MUCH better than those so-called that had plenty of "basics" in accounting...

it's all about the attitude... smile.gif


Most External exam?..I'm not sure on the part of actuarial science...but for accounting, i can give u a very detailed picture...

After u got a degree, u only needa do 5 more external papers if u are planing to take ACCA, OR, 6 more external papers for CPA.
Otehrwise,ur degree would do just fine too. Just that CPA or ACCA membership will give u a bit more bargaining power when negotiating salary.

For CIMA, I'm not that sure. Maybe someone here in LYN can enligthen u on it. BUT I can tell u that ACCA is damn popular and among
the cheapest in terms of exam fees. (that's why Sunway making a kill with their ACCA~~~) icon_rolleyes.gif
fastreader
post Mar 1 2010, 07:00 PM

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QUOTE(Neonlight @ Mar 1 2010, 05:48 PM)
Thanks yo Hikari0307 and fastreader replies, So this means i can learn as a newbie if i choose accounting?

How about future prospect and pay . I`ve read that Actuarist earns more than accounting but does it really worth it due to the enormous time and other sacrifice which is needed to get the external papers
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LOL...very subjective to say who earns more...BUT i can tell u that ALL PROFESSIONALS earn more than enuf to lead a comfortable life, be it engineers or doctors or accountant
fastreader
post Mar 1 2010, 09:12 PM

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QUOTE(supernick @ Mar 1 2010, 08:24 PM)
i'm a science student too and thinking to take accounting or courses related to business admin
for who is taking those courses mind to share about what are u learning now?
i know studying account got to learn something like taxation,company law,auditing and so on
i'm deciding which course to take and feel kinda lost now
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what am I learning now?...well,although the degree's name is ACCOUNTING, we are learning a mixture of stuff.

But generally, i can sum it up to be: Management Theory, IT, Law,and of cuz accounting theory and calculation itself.. biggrin.gif
fastreader
post Mar 1 2010, 09:44 PM

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QUOTE(Neonlight @ Mar 1 2010, 09:21 PM)
fastreader mind telling me the offer offered to you by the Big 4? Reference purpose haha
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offered?...offered Audit Associate... smile.gif
fastreader
post Mar 2 2010, 08:54 AM

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QUOTE(supernick @ Mar 1 2010, 11:19 PM)

Added on March 1, 2010, 11:24 pm

where were u study?graduate already?finished ACCA ?
studying accounting can do jobs related business admin right?
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Yes...studying accounting can get u into any industry...business admin job oso can.. smile.gif

 

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