Accounting will always be in demand. However, the competition for jobs is getting stiffer and stiffer. Private degree holders who major in accountancy number in the thousands, the numbers equal or even exceed local uni grads themselves. Not to mention that the upcoming CA sg rulings will allow ANY degree holder to become a chartered accountant. Competition for limited jobs is just gonna get tougher. Accountancy field is also relatively easy to 'jump' into. I have a few engineering friends who take up ACCA on the side as well. As long as you have math, accountancy is a breeze.