QUOTE(chiahau @ Nov 14 2013, 08:34 AM)
I already answered TS's question.
In most situation, a professional cert + good attitude would be an ADVANTAGE than a fresh graduate with just a degree, notwithstanding if the degree comes from Top Tier universities.
Look at pay scale for fresh graduate and professional cert holders in Big 4 then.
A fresh grad locally would get roughly 2,5k while a professional cert holder would get at least 2,7~3k depending on how "lucky" you are.
If you want to look to the bigger picture such as overseas, large investment groups/banks, consulting management firm would prefer professional cert holder with a post graduate doctorate in relevant field.
There's an ACCA holder for eg in Malaysia who managed to enter Boston Consulting Group without a degree. Yes, this is merely 1 case compared to the many millions who did badly/unsuccessful, but it provides a good picture on how it provides a value added advantage towards a degree holder.
P.s - Did a little research with a pal working in US as an accountant. Apparently, you need CPA to provide public attestation ( audit and forming opinions on FS ). Don't know how you can say CPA is just a "small" branch of accountancy in US, while most certified accountant holds CPA. You can probably "book keep" but then again, "book keeping =/= to accountancy"
Good luck to TS then.
lol.. dont talk about paper mills la, they arent suppose to be there in the 1st place...
here again u r using msia's context to set an example for the whole industry... even rm3k, that's what mcds employees get dude...
you gotta be kidding me, the only prof cert worth considering above academic degrees is CFA.. and after looking, i dont see many in the so called "overseas, large investment groups/banks, consulting management firm"
here again with the maozedong way of explaining things.. he's one, one out of how many who join BCG? and after joining BCG what's his paygrade? he's a freshie man..
http://en.wikipedia.org/wiki/Rich_Lesserhttp://en.wikipedia.org/wiki/Bruce_HendersonBCG is a top employer of recent graduates from MIT,[15] Harvard Business School,[16] Cambridge University,[17] Oxford University,[18][19] Stanford Business School,[20] London Business School,[21] and Wharton School of the University of Pennsylvania.[22] The firm also attracts a number of Rhodes Scholars and Marshall Scholars. In 2012, newly recruited undergraduate and graduate BCG hires earned a total compensation (salary plus all bonuses) of up to $100,000 and $195,000, respectively.[23][24]
BCG typically hires for Associate or Consultant positions, with occasional so-called "lateral hires" opportunities as Project Leader, Principal or Partner. In the United States, BCG recruits undergraduates to join as Associates. Top-performing Associates receive sponsorship to pursue an MBA, returning to BCG upon completion. Some Associates advance to Consultant and beyond without obtaining an MBA, but the vast majority of Associates attend business school. A few complete JDs, MD and other graduate degrees at various institutions (called ADCs for Advanced Degree Candidates/Consultants). BCG also makes large efforts to hire advanced non-business degree holders. Graduates holding J.D.s, M.D.s and Ph.D.s in disciplines like engineering, science, and liberal arts receive training in business fundamentals and then typically join the firm as Consultants although this varies between different geographies. There is also an opportunity to join as a Summer Associate or Summer Consultant (internship) position for 10 weeks, which for many interns will result in an offer of a full-time position.
http://en.wikipedia.org/wiki/Boston_Consulting_Groupnon talking about ACCA...