Unregistered |
21-04-2024 01:22 PM |
Quote:
Originally Posted by Unregistered
(Post 275909)
I guess many regretted taking accounting when there were better options available back then.
Back then in 2017/2018, there was a plan to develop Singapore into a leading global accountancy hub. The accountancy course cutoff was also high, (comparable or slightly better than the computer science course), meaning it was a popular course. Then, in the next few years, everything changed: the cutoff dropped, intake decreased, the course lost popularity, and there was an influx of foreign talent (3.5 power). Exit options were not as good as before and somehow, there’s a bad perception of ex-Big 4 auditors.
During your peak workload, you endured the burden of five papers, only to hear that future undergrads or new associates would receive more exemptions.
There's no way to compensate the lost time and opportunity cost. you can only look forward.
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If you followed this thread since 2011, we have been advising people on the pros and cons since a long time ago. If you did your due diligence based on the best available information, there’s nothing to regret. If you didn’t do your homework and chose blindly, that’s on you.
Quite a few things happened in the last 5 years
Covid happened; and work from home gave everyone plenty of time to reevaluate what they want in life and what they expect from their employers. Hint: for most of us, this doesn’t involve working peak hours.
Gen Z also headed into the workforce, and unlike their millennial counterparts, they were no shy to call out the unpleasant hours:compensation and submitted their resignations when there is a mismatch in expectations. The staff crunch happened, and Big4 revised salary bands - more than once for some firms.
Words spread, either by this forum or Reddit or Discord, prospective A levels top scorers get turned off from the hours:compensation. Cue decline in cut off and student intakes.
At the same time, Tech became the new hotcake with firms aggressively offering talents a starting salary comparable to a Big4 manager. Where people shunned programming just a decade ago, now it’s became the attention of the room. Bonus that it doesn’t require to take additional exams after graduation.
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