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donizback
post Feb 21 2014, 12:34 PM

And honey, you should see me in a crown!
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QUOTE(Blofeld @ Feb 21 2014, 12:31 PM)
First thing first, finish your ACCA first.

Get to work and then decide later. Don't forget to complete your 3-year experience requirement as well.

Who knows if you prefer to work as an accountant/auditor rather than working as an academic.
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Yeah surely will join an audit firm as soon as I become an Affiliate smile.gif

Thanks again thumbup.gif
frodo baggin
post Mar 8 2014, 12:47 AM

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QUOTE(whitesabre @ Feb 21 2014, 10:38 AM)
Yes but an ACCA certificate is ONLY recognised within the acocunting/auditing profession. Out of it, for example marketing, and it's useless. However, an accounting degree allows a student to venture out if he finds out he's no longer interested in accounting/auditing field. Once again, I guess you need me to explain why since you got no idea what's an accounting degree. In the degree, most unis require students to take elective modules, meaning modules like marketing for instance. This is important if a student wanna divert to another field after graduating. AT LEAST, it is recognised industry-wide.
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Can an ACCA holder do marketing? Yes it is possible if it is sales. Marketing proper is not really possible for most business admin and other accounting graduate since one module is like doing the ACCA P3 Marketing chapter. In fact ACCA P3 = MBA coverage of subjects only without the assignments and group discussion about some case.

Please note that education is only a door opener, what you do with the qualification is your decision. You can cross over any time to a new job. Anyway the OBU degree provides adequate rigor for ACCA students to learn research skills required at graduate level.


QUOTE(Blofeld @ Feb 21 2014, 11:23 AM)
Doing the OBU RAP will give you a rough idea on the process of writing a business project.

Unfortunately, it's nothing close to writing a dissertation for a postgraduate degree. I would say doing the OBU RAP is more like doing a simple assignment rather than writing a dissertation.

I once approached the programme manager of OBU RAP from UK (when he was in Malaysia) and I told him that something must be done to increase the rigor of this RAP. But looks like nothing has been done.

To jump from ACCA to MPhil is like jumping from a kiddy pool into the pacific ocean without a proper training on swimming.
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Obviously doing the OBU which is 7,500 words + 2,000 words = 9,500 words is not the same as MPhil which is a pure research based qualification. The OBU RAP is the last element of the BSc award so you have to take into account the studying for F1 - F9 + OBU = MPhil level of work

Nothing really needs to be done for the OBU. If you go to MPhil from OBU, at least you have some idea of research. I remember the first time I had to do that jump - it was nearly impossible.

I seriously don't think it is a simple assignment - it is much more than a 3,000 word simple assignment. It must have all the elements that a MPhil has, only in summarised version.


QUOTE(hhkong @ Feb 21 2014, 12:01 PM)
TS, my reply to your question is like this, simply, there are too many accounting graduate or professional certificate holders who do not the reason they study accounting in the first place.
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Actually I agree to a bit that there are many accounting degree holders that are without a proper job - mainly due to the fact that they never understood their studies when they took them.

In this case, I have come across local uni grads that have no idea about basic debit/credit or even reconciliations. In fact I came across a lecturer from a certain local uni that has a Masters in Accounting that took 2 months to get basic bank recons completed. rclxub.gif


I had come across many local uni grad from accounting working as clerks and low level admin officers happily. doh.gif

So back to the original question - yes there are many out there that cannot get a job. ACCA/CIMA/ICEAW does improve your chances but does not guarantee anything.

At the end of the day - it will depend on how you present yourself.

This post has been edited by frodo baggin: Mar 8 2014, 12:49 AM
BravoZeroTwo
post Mar 8 2014, 11:24 AM

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QUOTE(frodo baggin @ Mar 8 2014, 01:47 AM)
Can an ACCA holder do marketing? Yes it is possible if it is sales.  Marketing proper is not really possible for most business admin and other accounting graduate since one module is like doing the ACCA P3 Marketing chapter.  In fact ACCA P3 = MBA coverage of subjects only without the assignments and group discussion about some case.

Please note that education is only a door opener, what you do with the qualification is your decision.  You can cross over any time to a new job.  Anyway the OBU degree provides adequate rigor for ACCA students to learn research skills required at graduate level.
Obviously doing the OBU which is 7,500 words + 2,000 words = 9,500 words is not the same as MPhil which is a pure research based qualification.  The OBU RAP is the last element of the BSc award so you have to take into account the studying for F1 - F9 + OBU = MPhil level of work

Nothing really needs to be done for the OBU.  If you go to MPhil from OBU, at least you have some idea of research.  I remember the first time I had to do that jump - it was nearly impossible.

I seriously don't think it is a simple assignment - it is much more than a 3,000 word simple assignment.  It must have all the elements that a MPhil has, only in summarised version.
Actually I agree to a bit that there are many accounting degree holders that are without a proper job - mainly due to the fact that they never understood their studies when they took them.

In this case, I have come across local uni grads that have no idea about basic debit/credit or even reconciliations.  In fact I came across a lecturer from a certain local uni that has a Masters in Accounting that took 2 months to get basic bank recons completed. rclxub.gif
I had come across many local uni grad from accounting working as clerks and low level admin officers happily. doh.gif 

So back to the original question - yes there are many out there that cannot get a job.  ACCA/CIMA/ICEAW does improve your chances but does not guarantee anything.

At the end of the day - it will depend on how you present yourself.
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Sir,
Would like to check with you about qualification recognition in established or foreign organisations. Was informed that those organisation recognized one with a basic degree (in this case is Accounting degree) as opposed to someone with a Professional qualification without a bachelor's as ACCA/ICAEW/CIMA is more of needed in the audit firms. Therefore, it is not a must to have. How true is this ? Thanks for your help.

frodo baggin
post Mar 9 2014, 12:16 AM

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QUOTE(BravoZeroTwo @ Mar 8 2014, 11:24 AM)
Sir,
Would like to check with you about qualification recognition in established or foreign organisations. Was informed that those organisation recognized one with a basic degree (in this case is Accounting degree) as opposed to someone with a Professional qualification without a bachelor's as ACCA/ICAEW/CIMA is more of needed in the audit firms. Therefore, it is not a must to have. How true is this ? Thanks for your help.
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This assessment is correct. Sometimes a degree is a better bet compared to professional. That is why ACCA students should do their obu degree.

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