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28-06-2013, 09:41 PM
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Dont listen to this idiot. Go for Business degree.
Quote:
Originally Posted by Unregistered
Hey Davis111
It is difficult to answer your queries if you do not state your motivations for undertaking either degree. Which sector do you intend to work in after you graduate?
From the dilemma of the your university choices, I would assume that like everybody else, you want to pursue a career in finance - or more specifically, investment banking and all the glitzy finance roles.
Having applied to various investment banks while studying in the UK, I can assure you that the banks do not care what you study in your undergraduate degree - the classification of honors is far more important. If you are more confident in scoring in EEE, then do that degree. The only advantage that I think business graduates have over EEE graduates is the awareness of all these job opportunities. Most local engineering graduates are not aware of such opportunities, this is due to the fact that they do not have a dedicated career service. Having said that, if you are motivated enough, there is nothing 'google' can't do in this day and age.
Most importantly, a EEE degree is a safety net. If you graduate when the economy is in a downturn, the banks would stop recruiting and you still have a job as an engineer. Also, banks are increasingly hiring engineering graduates in middle office (risk management etc.) due to their quantitative abilities.
Lastly, I just want to point out that if you decide to choose to do a business degree, it is paramount that you get at least a second uppers. If you do not get at least a second uppers, it would be really tough justifying to future employers how different you are from the countless economics, accountancy, business and other general degree graduates.
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29-06-2013, 06:47 PM
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Verified Member
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Join Date: Jun 2013
Posts: 10
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Hi all,
Thanks again for the advice. It seems that accountancy/business would be more favourable than EEE.
Quote:
Originally Posted by Unregistered
Dont listen to this idiot. Go for Business degree.
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Hi,
Possible to elaborate more?
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29-06-2013, 10:39 PM
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Quote:
Originally Posted by Unregistered
Dont listen to this idiot. Go for Business degree.
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Lool. You are the idiot. Accountancy? Anybody can go into that. Once the new measures kick in for CA sg, you dont even need a accountancy related degree to go into it. Any tom, dick and harry can. Business? Business doesn't teach you ANYTHING that you cant learn yourself. Its more of a soft-skill and anything you actually need to know can be learnt over a period of a few months reading buisness books. Please. Anyone can go into biz. Its not as 'elite' as you think it is. Getting a degree that actually TEACHES you something would be more useful and you can still go into biz. Why do you think NTU's biz degrees are only 3 years? Because they also know its all just BS, they dont want to waste your time.
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30-06-2013, 01:36 PM
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Quote:
Originally Posted by Unregistered
Lool. You are the idiot. Accountancy? Anybody can go into that. Once the new measures kick in for CA sg, you dont even need a accountancy related degree to go into it. Any tom, dick and harry can. Business? Business doesn't teach you ANYTHING that you cant learn yourself. Its more of a soft-skill and anything you actually need to know can be learnt over a period of a few months reading buisness books. Please. Anyone can go into biz. Its not as 'elite' as you think it is. Getting a degree that actually TEACHES you something would be more useful and you can still go into biz. Why do you think NTU's biz degrees are only 3 years? Because they also know its all just BS, they dont want to waste your time.
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Even with the CA kicks in, I personally believe that there would be exams needed to be certified as an accountant similarly as before. Why would it be a "tom dick harry job" when its a specialised profession?
Yes, anyone can go business. Even an engineer can also hop into finance industry. However, why would you recommand TS to study engineering and later hop into business industry? I believe that time is precious. IMO I wouldn't want to waste my precious time on studying engineering and finds myself reading up on business books after graduating. Unless TS is very keen on engineering, well by all means go ahead with engineering.
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30-06-2013, 11:10 PM
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Yes. Pls study business or accountancy degree in NTU/ NUS/ SMU.
1) Although it is technically possible for engineering graduates to join the finance section upon graduation, it is very hard to do so. Because he/she will be competing with more qualified graduates from business schools. So don't take it by face value when people say engineering folks can branch out to bankers. Easier said than done.
2) That engineering jobs are safe and likened to a safety net. Dude, that is because engineers are only earning 3-4K a month. Of course they are relatively safe and have a lower chance of retrenchment compared to bankers. However, it is a fact that people in the finance, business, sales sector earn more than engineers.
3) It is not true that you have to get a 2nd upper degree in business in order to survive. Generally, if u have a good honours, there will be more opportunities for you, regardless of your field. The converse is also true. If you have a 3rd class in Engineering, you will have to work harder to compete with the others.
I studied engineering and I know what i am talking about. I will never ask my kids to do engineering. Also, think of why most of the top JC students opt to read business/accountancy instead of engineering. There has got to be a reason right.
Finally, dont listen to that idiot who advise you to study engineering. He probably has ill intentions.
Quote:
Originally Posted by davis111
Hi all,
Thanks again for the advice. It seems that accountancy/business would be more favourable than EEE.
Hi,
Possible to elaborate more?
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30-06-2013, 11:12 PM
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* finance sector
Quote:
Originally Posted by Unregistered
Yes. Pls study business or accountancy degree in NTU/ NUS/ SMU.
1) Although it is technically possible for engineering graduates to join the finance section upon graduation, it is very hard to do so. Because he/she will be competing with more qualified graduates from business schools. So don't take it by face value when people say engineering folks can branch out to bankers. Easier said than done.
2) That engineering jobs are safe and likened to a safety net. Dude, that is because engineers are only earning 3-4K a month. Of course they are relatively safe and have a lower chance of retrenchment compared to bankers. However, it is a fact that people in the finance, business, sales sector earn more than engineers.
3) It is not true that you have to get a 2nd upper degree in business in order to survive. Generally, if u have a good honours, there will be more opportunities for you, regardless of your field. The converse is also true. If you have a 3rd class in Engineering, you will have to work harder to compete with the others.
I studied engineering and I know what i am talking about. I will never ask my kids to do engineering. Also, think of why most of the top JC students opt to read business/accountancy instead of engineering. There has got to be a reason right.
Finally, dont listen to that idiot who advise you to study engineering. He probably has ill intentions.
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30-06-2013, 11:22 PM
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Verified Member
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Join Date: Jun 2013
Posts: 10
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Quote:
Originally Posted by Unregistered
Lool. You are the idiot. Accountancy? Anybody can go into that. Once the new measures kick in for CA sg, you dont even need a accountancy related degree to go into it. Any tom, dick and harry can. Business? Business doesn't teach you ANYTHING that you cant learn yourself. Its more of a soft-skill and anything you actually need to know can be learnt over a period of a few months reading buisness books. Please. Anyone can go into biz. Its not as 'elite' as you think it is. Getting a degree that actually TEACHES you something would be more useful and you can still go into biz. Why do you think NTU's biz degrees are only 3 years? Because they also know its all just BS, they dont want to waste your time.
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Hi,
I thought that anyone can become accountant after completing ACCA even before CA measures kicks in?
I did some research on this website:
Singapore QP Learning and Assessment Committee | Singapore Qualification Programme
I noticed that accountancy degree only allows you to skip the "foundation programme" which is an advantage over other degree.
So are you suggesting i should study EEE?
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30-06-2013, 11:24 PM
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I think it really depends on how good you are. If you really think you would be capable in biz then by all means go ahead. If you grad with first class or second upper, your starting position will be very good and so will your increments. However, if you end up with a third class or even worse just a pass, you wont be going anywhere. You'd be dumped in with the hordes of private uni business grads looking to break into the banking and finance industry.
For engineering, it doesnt really matter as much. The demand for engineers is so high and will last forever till they manage to create self-sufficient AI robots. The demand for engineers never goes down. Even with a pass degree, still can find a good job, still can feed family. But on the other hand, if you want to be as successful as a successful business grad, you'd have to be very creative and smart at the same time. Along the lines of actually inventing something that the scientific and engineering world would use.
So yeah, engin has much less risk. But at the same time, less returns. Biz has higher risk, but higher returns at the same time.
Lastly, as a final word, I had a friend who was from NTU biz. Graduated with a second lower but couldnt find a suitable job. Granted, her employers did offer her quite a reasonable pay for her calibre but she just couldnt cope with that field of work. In the end she decided to go into teaching. But even NIE didnt take her in because zero demand for biz grads. Now she's pretty much just waiting for some gov positions to reply her and interview her. Hope everything goes fine with her but what I want to highlight is that engin is a very safe place. Dont like engin can still go teach. Dont like to teach can also sign-on as engineer or DXO as engineer. There is a safety net for engineer/science grads that biz grads do not have.
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30-06-2013, 11:27 PM
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Quote:
Originally Posted by davis111
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Its up to you bro. What the poster just wanted to highlight is that if you take the EEE route and decide to switch across professions, you STILL CAN. But if you take the biz/acct route and dont like it, you CANNOT switch over.
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01-07-2013, 12:15 AM
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who the hell wants to switch from accountancy to engineering even if it is possible.
wake up your idea !
Quote:
Originally Posted by Unregistered
Its up to you bro. What the poster just wanted to highlight is that if you take the EEE route and decide to switch across professions, you STILL CAN. But if you take the biz/acct route and dont like it, you CANNOT switch over.
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