Do you means OBU or other accounting Degree?

ACCA's standard alraedy higher than Degree. Imagine if you are boss, do you still will look at degree if the candidates already got ACCA?

So far from my working experience, OBU won't help you too much for earning higher salary if you already grad ACCA.  

You make a BIG mistake. Ya, you are correct, the ppl you said is come from Degree and ACCA also. But do you know both of them was take degree 1st b4 go for ACCA? The reason they take ACCA was they understand that, today degree qualification is not enough if want to jump up in commercial carrer path.

I got a lot of accounting degree friend. During they work in audit firm, they also go to part time study ACCA. Cos they understand that Degree is only a "short cut" for them, if want to go for further, better go for ACCA, CPA or other professional qualification.

In conclusion, ACCA value always higher than Degree. As Kwai Fatt also said, why yours want to spend so much money and time to do OBU since you are already in final paper of ACCA? OBU value is lower than ACCA, it is more suitable for those student where they want to stop study ACCA prof level for temporary period. 

Even Chan Tze Kang also say OBU can't help you go for further if you already got ACCA.

And I need to tell you also, please don't think if you got degree, then you can "jump up in commercial carrer path". After you graduate ACCA, when you come to work in commercial............sorry lo sir, they will more interest to know your working experience and what are you can contribute to company, but not ACCA with or without Degree. Working Experience is more important if want to "jump up in commercial carrer path".

What makes ACCA different / superior than degree bcos its an 100% exam based. The rule is simple but the principle is not.
You pass means you have cleared the paper & you are free to progress. Sound easy enough but if you are stuck .............
Another thing is that the exam itself is a final exam (written based) so we are only tested on that area.
You may be lucky in that exam (spotted question) or you are an overall student. Actually no one knows for sure unless you work.

Degree holders although are not tested much in depth but they are tested in overall (oral, presentation, project, thesis, exam,....etc).
Maybe that's why some employer prefer degree although deep down they knew ACCA is superior.

Maybe you can classifiy it that way :
ACCA : We must know everything about something. (Ie : 100% out of 5 area)
Degree : We must know something about everything. (Ie : 50% out of 10 area)

If you try to talk this thing infront Kwai Fatt, you sure will kena snap.

I don't know about your co, but I working in a lot of MNC and Public Listed Co, majority of them required candidates (for Accountant and above position) hold a Accounting Degree OR Professional Qualification such as ACCA/CIMA/CPA with more than 5 years working experience, but not as you said "post required a degree as requirement".

Man, if you have ACCA with enough working experience, I don't see any difficult to get higher position in future. No body interest for your OBU or others degree.

ACCA value always higher than Degree, OBU just add qualification.

Manager/Asst Manager – Corporate Planning & Business Development
Requirements:

    * Possess a Degree in Engineering with a MBA (required). Only candidates with MBA needs to apply.

Corporate Banking/Finance Executive
* Boutique financial specialist outfit servicing Malaysian PLCs in the areas of Corporate Finance / Banking, Debt Restructuring and Strategy invites candidates (below 32 years old) with strong honours degree (2nd class or better) in Accounting / Banking related disciplines to join our team.

Corporate Account Representative
Requirement: Bachelor's Degree or Master's  Degree in Business Administration (MBA) or relevant experience

Who told you only Degree holder can study MBA? I told you that ACCA holder can straight away take MBA, cos ACCA qualification is in between Degree and MBA.
I got 2 friend only got ACCA but oso can study ACCA, she even can exempt for 2 module. If you don't believe me, go to check with your lecturer.

Man, once you completed ACCA Part 2, your level same as Degree Holder already. And once you are grad ACCA, your level already higher than Degree, You can straight away study MBA, why want to waste time to get accounting degree?

Is ok la, just a discussion.

You also have your point. But for me, if already got ACCA, Degree just additional cert.

I did stress on the past that OBU was not a really "add-value" program & i am quite pleased to note that some share my views while others have their own agenda. The best way to describe OBU is none other than use our own accounting terms. Yep its "substance over legal form".
Yes no one deny OBU is a degree but any sensible HR / employer will ask "HOW" you get this degree.
Its very misleading since :
1) You get it at a mere fraction of cost, few months of work only & very little recognition.
2) I have known a friend who "show-off" to his relatives with his OBU by stressing on the word "oxford" only but without the brookes (ha ha  )

Big 4 normally don't recognise OBU that much compared to other degrees (Ie : accountancy & finance)
By the way do you really think having ACCA ALONE will get you a job, fat chance mate you need to ace the difficult interview first.
Speaking of job promotion (manager, director, consultant,...etc) you need a hell lot of of other knowledge, skills & maneuover to rise up.
These (backstabbing, polishing shoe.....) you will never learn it in any ACCA syllabus but practiced almost everyday in any organization you may see.

In Malaysia the most important thing you must know that you must need to "know people", relationship or guanxi. Judging by Hofstede work on culture, Malaysia has the most power distance , so "seniority" prevails over merit alone. (Reference on wikipedia if you are interested)

Apology again for being very realistic.

My point is very simple / clear, you need to have "both" degree & acca if possible. I never meant degree is superior (otherwise i will pursue it first) nor having acca alone is enough. Both on its own doesn't meant much but having it together completes the other halve.
The ideal way is to study degree first to gain all those relevant experience & skills, once graduate one can apply for ACCA to better enhance their own respective knowledge & recognition. Although i advocate for acca holder first but passing all your papers doesn't mean you actually superior.

Not all acca holders are weak in their "presentation" & people skill which is very vital in job environment. However since ACCA exam was not conducted orally the examiner / marker won't know about the students actual performance or capability.  Take the presidential campaign between kennedy & nixon years ago, although everybody though nixon won but through debate & oratory skills, kennedy won (even inexperienced)

Very few people start ACCA immediately right after their secondary exam overs & work after graduate (notwithstanding with failling). Even in my professonal level i can hardly find any friends which are similar age with me (all 2 or 3 years older).

Regarding interview process having acca or degree will not help you much if you don't have this "reaction skill". Those credible bosses will suddenly throw you a question once a while to test whether you are a memoriser or a reactor (or possibly an actor). Boss normally don't care about "what you know" but rather "how to apply what you know in my organisation" (and maybe whom you know, if you know some datuks or tengku your share premium will sky rocketed on the spot).

I have 2 cousins from top universities in UK (not accountancy) claims that once the employer checks which university you held from, other issue like (exam marks) are no longer important. Prestige & reputation is more important in your employer eyes (mostly asian companies)

Well i heard some news at KSA today while attending parmindar class & i think i ought to share with you all :
1) KSA optional paper will enjoy 10% off at Jan 09 sitting onwards
2) If you fail any acca papers, when you resit for the paper that you have sat the sitting b4 it only cost 50% of original cost.
3) The director is really desperate to promote their new audit lecturer for revision "Ray Ng".

I'll try my best to jog the memory down of this previously unknown lecturer by Andrew :
- he is deemed to best the best audit lecturer in town
- he focused on exam techniques
- CFO of multinational earning 5 figures
- can summarised his audit note in 3 pages
- last sitting audit paper has 80% pass rate (roughly 40 out of 50 student)
- THis sitting the student got maximum cap of 60 (so far around 20)
- a very veteran lecturer.
- held in high esteem by other college lecturer
Andrew said if you have followed phillip, sheila, chin ann, fung chee kong but still failed, you should give him a try.

Obviously KSA is moving to penetrate the acca market share by attracting more student to their college (hence fees reduction). He did mentioned whether is this a good news, student remain silent for a while, after a few persuasion everybody claps as this was a good news.
I am the minority here & i felt it was a very "bad news" for me.
Why ? lower fees = more student = more crowded class = lack of focus = I will be demotivated to continue there. Nevermind just 2 papers left.

Well if you follow my post b4 i have always look for every single reason to find another centre other than the "one" i am sitting for right now.
The point i highlight is just to stress that the "one" is not the most perfect centre around. Cost pricing was never my main concern.
I have decided a long time ago which advanced paper lecturer i will pursue (not the "one") so the strategy they opt this time just gives me extra reason not to take it there.
I am a staunch believer & vindicator of "comfortable learning" not "competitive learning" where you must compete for everything from washroom, lifts, water-cooler, seats, fees payment and even lecturer's attention.

Ya, time management is the key! But i only managed to answer 95%, most probably half of them is crappy points. Now all we can do is pray pray and pray, so that examiner is kind enough to give us a pass

All right  review of the summary (then party for 3 weeks yeah baby)
Section A
Question 1:
I was really shocked for 3rd time on section a of 3 core papers (again), why they give some very funny thing about the museum. The story sounds like this :
- previously 90% govt funded so take things for granted, primary obj = impart historical value
- with new election, new minister decided to privatise it, 40% govt fund now, primary obj = visitor entrance
What happen = Everyone resist, the head la, professor......bad publicity
Then they give 2 organisation chart which really confuse me for 1 minute there : Dept of what, directior of what??????????

However when i look at the question i really fall apart:
a) Pestel (20 marks) = quite direct
b) Organisational structure culture = If i don't read this at internet yesterday i don't even know which one they want (Its actually culture web)
    Thank you examiner (whoever you are), I learnt that after P1 touch on strategy & operational risk which i never read. (20 marks)
c) Strategic lenses = general ok la
The strory designed was just to scared students only (but i really did panicked at the first few pages)

Section B
Question 2 :
At first i don't inclined to touch these again bcos quite long para & got financial table again
So i skip this & do it last, i actually realised this was quite "not difficult"
Case = You got these mining company dhas deplete 5 of its mine. Then they bought a leisure park company & they buy another boat company.
I realised this was like our malaysia "Mines Wonderland" so i was secretly amused.

a) Ask rationale / why company acquired 2 totally different company and then measure performance of subsidiary
I use Ansoff 3 (Risk, strategy & performance) for first part & simply refer Fin Statement for 2nd part.

Question 3
Sorry i totally skip, i actually read PID but not that strong & i want to reduce risk.

Question 4
Case : Touch on a company which doesn't pay performance related reward to its staff
I love this question since the point is all there on the table just copy & paste + plus elaboration.
This question was very related to my P1 again (on remuneration issue).

a) Fist they ask to assess why perf related pay should be given (roughly like that)
b) Comment why the HR head solution is not good enough (cause staff turnover is quite high)
Their solution : bonus will be given if :
1) How fast they respond to arrive at customer place (i thinks its burdening & unhealthy competition)
2) How fast they repair (i think quality not speed is more vital)

So good luck all but before i leave for i think i have some good old advice (I know its lame)
1) Read examiner articles (P1 & P3 has really give many bonus marks)
2) You really should take all the core paper together as combination since P1 really helps my P2 & P3 & vice versa.
Adios la amigos