ACCA Students.

Fearah

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I know this question has been answered a lot of times.....

But I just want to know, is it worth it to study this degree in SG? does it really increase employability?

As in, I know it is good to have a degree but in terms of recognition, can I secure an entry level job with it?

Would appreciate it if anyone can give me a reply

ACCA is a qualification to be a certified accountant, and not a degree. Whether you can secure a job depends on many other factors such as age, competency and experience. You will need 2-4 years to complete the qualicication and an additional 3 years of working exp to be a member of ACCA.

I feel that you should go for singapore accountancy programmes and take the SQP instead due to the new arrangements.
 

pulsecch

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Is ACCA worth pursuing? I have a degree in banking and finance in UOL yet this cert is worthless along with my unrelated working experiences. Really lost. Jobless and depressed :-(

Cheer up.. Don't be sad, it's the economy, not the degree, > 50% of my friends combi of unis.. Also jobless now..

Accounting you should think carefully.. Low pay long hours. (Vs banks I mean)

ACCA will definitely be useful to get a job, but the "pecking order" (usually and in general) is big 4 to "local uni" then left v little positions in big 4 for other qualifications. The rest generally work is big (a number bigger than 4)

All good if you're ok with that
 

pulsecch

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I was approached by a flyer distributor on Monday at expo after my exam. Looks like someone has created an accountancy webforum and place to buy/sell stuff. But it is very quiet there...

Aiiii of course, there'd be many people hoping to create an online community and profit from it ^^
 

intime

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I know this question has been answered a lot of times.....

But I just want to know, is it worth it to study this degree in SG? does it really increase employability?

As in, I know it is good to have a degree but in terms of recognition, can I secure an entry level job with it?

Would appreciate it if anyone can give me a reply

ACCA is a type of professional qualification, not a degree.
Based on current arrangements locally, best to pursue SQP for professional accountancy qualifications.
http://singaporeqp.com

The hiring process is complex, based on only degree recognition will not secure you a job, it involves many factors taken into consideration.

What is your current highest qualification?
 
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vortex101

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ACCA is a qualification to be a certified accountant, and not a degree. Whether you can secure a job depends on many other factors such as age, competency and experience. You will need 2-4 years to complete the qualicication and an additional 3 years of working exp to be a member of ACCA.

I feel that you should go for singapore accountancy programmes and take the SQP instead due to the new arrangements.

Sorry what I meant is the Oxford Brookes degree in applied accounting, the degree which you can get after submitting a report and completing F1 to F9.

Can the Oxford Brookes degree get me at least an entry level job with me having no experience? Or at least does it have some value/employability in the market now?

I know the sqp is currently the best option to enter the accountancy industry now, but currently I do not have any accredited degree to enter the foundation programme so this route is closed off.
 

pulsecch

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Sorry what I meant is the Oxford Brookes degree in applied accounting, the degree with you can get after submitting a report and completing F1 to F9.

Can the Oxford Brookes degree get me at least an entry level job with me having no experience? Or at least does it have some value/employability in the market now?

I know the sqp is currently the best option to enter the accountancy industry now, but currently I do not have any accredited degree to enter the foundation programme so this route is closed off.

Yes, but you'd be "benchmarked" more by how many acca papers you have completed
 

intime

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Sorry what I meant is the Oxford Brookes degree in applied accounting, the degree which you can get after submitting a report and completing F1 to F9.

Can the Oxford Brookes degree get me at least an entry level job with me having no experience? Or at least does it have some value/employability in the market now?

I know the sqp is currently the best option to enter the accountancy industry now, but currently I do not have any accredited degree to enter the foundation programme so this route is closed off.

For SQP Foundation programme, any comparable 3 year degree can apply to enter, not need to be accredited or accountancy-based. But SQP Foundation accredited degrees do have certain exemptions granted.
http://www.singaporeqp.com/candidates/foundation-programme/who-qualifies

For SQP Professional programme, that is where only accredited "accountancy" degrees can apply to enter, allowing them to skip foundation.
http://www.singaporeqp.com/candidates/professional-programme/who-qualifies

The oxford brooks will definitely strengthen your employability, but the hiring process is complex, it involve many other factors, like available slots, competition, branding, results, interviews, exp, other qualities, etc.

What is your current highest qualification?
 

vortex101

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For SQP Foundation programme, any comparable 3 year degree can apply to enter, not need to be accredited or accountancy-based. But SQP Foundation accredited degrees do have certain exemptions granted.
http://www.singaporeqp.com/candidates/foundation-programme/who-qualifies

For SQP Professional programme, that is where only accredited "accountancy" degrees can apply to enter, allowing them to skip foundation.
http://www.singaporeqp.com/candidates/professional-programme/who-qualifies

The oxford brooks will definitely strengthen your employability, but the hiring process is complex, it involve many other factors, like available slots, competition, branding, results, interviews, exp, other qualities, etc.

What is your current highest qualification?

My current highest is A levels, I am doing Acca full time, at this moment it is difficult for me to go about to pursue a 3 year degree just to enter sqp. I would rather wait for the new agreement that would be announced soon about how acca can enter sqp.

In terms of job prospects I know it depends on a lot of factors but I am hoping that once I completed acca or at least this degree I could at least get a job as an executive ? I mean that's what I meant by entry level. Not too sure how it is like in the market now so I would like to know a little before going for this Oxford Brookes degree
 

turtle0411

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Jus a few thoughts from me after i completed all my papers with 1st attempt passes full-time after getting my results in July. I have zero exp and no relevant diploma cert.

Went for 5 interviews and got offered by 3 of them for audit position. They range from 2.4 to 2.6 (Considering the economy now). I m currently in a what ppl consider mid-tier firm as an associate. I see my colleagues worked for 2-3 years and some are struggling with the CPA Australia/ACCA etc.

However i feel that exp is a lot lot more important than qualification in the industry. Perhaps those who wanna go for ACCA should wait til end of year to see what ISCA can offer for ACCA grads.
 
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KnobKnob

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Jus a few thoughts from me after i completed all my papers with 1st attempt passes full-time after getting my results in July. I have zero exp and no relevant diploma cert.

Went for 5 interviews and got offered by 3 of them. They range from 2.4 to 2.6 (Considering the economy now). I m currently in a what ppl consider mid-tier firm as an associate. I see my colleagues worked for 2-3 years and some are struggling with the CPA Australia/ACCA etc.

However i feel that exp is a lot lot more important than qualification in the industry. Perhaps those who wanna go for ACCA should wait til end of year to see what ISCA can offer for ACCA grads.
what industry are you in? audit?

me also just cleared all papers in july and have difficulty getting any interviews :( But my expected salary is 3k with 2 years experience in finance analysis
 

Fearah

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Sorry what I meant is the Oxford Brookes degree in applied accounting, the degree which you can get after submitting a report and completing F1 to F9.

Can the Oxford Brookes degree get me at least an entry level job with me having no experience? Or at least does it have some value/employability in the market now?

I know the sqp is currently the best option to enter the accountancy industry now, but currently I do not have any accredited degree to enter the foundation programme so this route is closed off.


I think if you have read the later posts of this thread, some may argue that this BSc is not recognised in Singapore. As it only requires you to do a project on top of your F1-F9 papers, I doubt it will make a significant difference in employability opportunities.

However, you can check out the Msc in Professional Accounting offered by UOL and ACCA that will grant you both acca and uol master simultaneously.

I feel that in this point of time, you should complete your acca (since you alr started on it). Do not worry about the sqp as the new arrangements have yet to be released anyway.
 

a562140

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Singapore QP? all good if you wanna work in Singapore as an auditor.

think about it - with all jobs going regional and/or global, what would your foreign counterparts and managers recognize as a fit-for-work qualification?
 

xberri

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Are you aiming for an accounting job in sg?
Then it will be be a better choice for you to pursue SQP based on current arrangements,
http://www.singaporeqp.com

Thank you for your kind advise. I will be reading that up :)

Cheer up.. Don't be sad, it's the economy, not the degree, > 50% of my friends combi of unis.. Also jobless now..

Accounting you should think carefully.. Low pay long hours. (Vs banks I mean)

ACCA will definitely be useful to get a job, but the "pecking order" (usually and in general) is big 4 to "local uni" then left v little positions in big 4 for other qualifications. The rest generally work is big (a number bigger than 4)

All good if you're ok with that

Really meh.... It does make me feel better a little, though it does not change fact that I'm jobless :eek::eek::eek:
Anyway I understand the big4 thing bah. Not aiming for it :o
 

vortex101

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Jus a few thoughts from me after i completed all my papers with 1st attempt passes full-time after getting my results in July. I have zero exp and no relevant diploma cert.

Went for 5 interviews and got offered by 3 of them for audit position. They range from 2.4 to 2.6 (Considering the economy now). I m currently in a what ppl consider mid-tier firm as an associate. I see my colleagues worked for 2-3 years and some are struggling with the CPA Australia/ACCA etc.

However i feel that exp is a lot lot more important than qualification in the industry. Perhaps those who wanna go for ACCA should wait til end of year to see what ISCA can offer for ACCA grads.

I see, thanks for the insight into the current economy now and the employability of the ACCA qualification :)

I think if you have read the later posts of this thread, some may argue that this BSc is not recognised in Singapore. As it only requires you to do a project on top of your F1-F9 papers, I doubt it will make a significant difference in employability opportunities.

However, you can check out the Msc in Professional Accounting offered by UOL and ACCA that will grant you both acca and uol master simultaneously.

I feel that in this point of time, you should complete your acca (since you alr started on it). Do not worry about the sqp as the new arrangements have yet to be released anyway.

I have read those posts but actually I wanted to know from anyone that has completed the Bsc and used it in their resumes and get a job. I mean, if this Bsc can get me a job then to me it has value in obtaining it.

Thanks for all the help and advice!
 

intime

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dun take sqp then take wat?

CFA ? or ACCA ?

For aspiring accountants, depending on which country to practice in, it is important to take note of the entry requirements for attaining chartered accountant designation of that country and admission into the respective countries' national accountancy body.

And having a relevant degree and/or approved professional accountancy qualification (eg. SAC's SQP, ICAEW's ACA, CA ANZ's CA, etc) for exemptions will definitely speed up the process of attaining chartered accountant designation of that country and subsequently admit into respective national accountancy body.
 
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