Career Prospects for ACCA - Page 2 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Career Prospects for ACCA

Reply
 
Thread Tools
  #11 (permalink)  
Old 16-08-2010, 12:13 PM
Super Member
 
Join Date: Aug 2010
Posts: 335
lazyplane is on a distinguished road
Default

I think one needs to re-evaluate if you are joining Big 4 for the $$$.cos if $$$ is draw, then Big 4 is really not the place to be in. Go and talk to your friends in the audit and ask them about the peak period. Also be specific as to what exactly their day is like and you get a better picture of how poorly paid they can be. The only +ve point is that you are working with young-simliar age colleagues. But if you are changing jobs (or switching degree) then you might find yourself to be a bit out of the group already.

My take is to join a entry level bank or finance or even insurance sector if $$$ is the draw. They are also more open to ACCA , and other degrees because they want you get a broad base understanding of how to market to these sectors.

For eg, a bank started hiring doctors ( and other medical professionals) just to increase its corporate/investment banking evaluation for the health industry.

I know what it is to feel like being stuck in a job with seemingly no future. But i can say that having a multiple job hopping on your cv with each job at 1-3 years each is really not something hiring managers are keen to see especially when the job market is still so intense. And who knows the future ? I recalled 8 years back, law industry was said to be oversupplied and every fresh uni applicant avoid the law course. And see what happened now ? The supply is so low that even basic law grads are earning really high salaries now.

The idea of multi-skilled set is good but in a hard job market like now, employers will usually only take in those direct -entry one.My guess is only 2 in ten cases that they will employ out of direct relevant skilled employees.

Reply With Quote
  #12 (permalink)  
Old 16-08-2010, 11:33 PM
Unregistered-9090
Guest
 
Posts: n/a
Default

thanks for the above, i am at a fix whether to stay put in my current industry or to switch to a completely different industry after my acca. your reply give me some light at the end of the tunnel. the horrendous hours of audit seems to be a night mare for me for the post of audit associate/assistant. don't think i have the energy to go through that type of cycle.

Reply With Quote
  #13 (permalink)  
Old 17-08-2010, 11:26 AM
Super Member
 
Join Date: Aug 2010
Posts: 335
lazyplane is on a distinguished road
Default

IMHO, your best bet is to do an internal transfer to a finance/accounting position in your company. or to find an open minded boss willing to appreciate both your acca and engineering. It will be tough to find as there is no lack of good fit candidates these days.

I wish you well. Remember that a job is only this small part of a life journery.

Quote:
Originally Posted by Unregistered-9090 View Post
thanks for the above, i am at a fix whether to stay put in my current industry or to switch to a completely different industry after my acca. your reply give me some light at the end of the tunnel. the horrendous hours of audit seems to be a night mare for me for the post of audit associate/assistant. don't think i have the energy to go through that type of cycle.

Reply With Quote
  #14 (permalink)  
Old 17-09-2010, 09:27 AM
Senior Member
 
Join Date: Sep 2010
Posts: 34
zara90210 is on a distinguished road
Default

Quote:
Originally Posted by lazyplane View Post
IMHO, your best bet is to do an internal transfer to a finance/accounting position in your company. or to find an open minded boss willing to appreciate both your acca and engineering. It will be tough to find as there is no lack of good fit candidates these days.

I wish you well. Remember that a job is only this small part of a life journery.
Yup, with soooooo many people studying ACCA these days 'cos Engineering is for losers, by the time you graduate you will have serious competition.
Reply With Quote
  #15 (permalink)  
Old 16-12-2010, 01:38 AM
Junior Member
 
Join Date: Dec 2010
Posts: 3
Samsara is on a distinguished road
Default

hi peeps. i graduated with business degree fm ntu (hon) and I am getting my oxford brookes degree (converted from ACCA level2) soon. dont intend to go into accounting and hv no more drive to finish level 3, but is there any other value in an accounting degree or other opportunities without going into accounting/finance? would going to acctg result in a pay cut(!)

i speak fluent jap n mandarin
Reply With Quote
  #16 (permalink)  
Old 16-12-2010, 02:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Samsara View Post
hi peeps. i graduated with business degree fm ntu (hon) and I am getting my oxford brookes degree (converted from ACCA level2) soon. dont intend to go into accounting and hv no more drive to finish level 3, but is there any other value in an accounting degree or other opportunities without going into accounting/finance? would going to acctg result in a pay cut(!)

i speak fluent jap n mandarin
Japanese firms are stingy - how did I know? Coz I suffered in there.. so glad I am out of it now.. phew

So if you are thinking of working in Japanese firms, pls think hard and see what is on the table.
Reply With Quote

  #17 (permalink)  
Old 17-12-2010, 12:35 AM
Junior Member
 
Join Date: Dec 2010
Posts: 3
Samsara is on a distinguished road
Default

haiz give them a break la. 2 decades of decline means they dont have any more $ to pay out wall street bonuses. got japanese related accounting jobs in US /European companies onot?
Reply With Quote
  #18 (permalink)  
Old 17-12-2010, 02:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Samsara View Post
haiz give them a break la. 2 decades of decline means they dont have any more $ to pay out wall street bonuses. got japanese related accounting jobs in US /European companies onot?
Samsara, if you do join a Japanese company, you'll fully understand what I'll be talking about. Then you can decide if you want to give them a break!


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #19 (permalink)  
Old 14-01-2011, 05:04 PM
Unregistered
Guest
 
Posts: n/a
Default NTU Business grad with ACCA

Quote:
Originally Posted by Samsara View Post
hi peeps. i graduated with business degree fm ntu (hon) and I am getting my oxford brookes degree (converted from ACCA level2) soon. dont intend to go into accounting and hv no more drive to finish level 3, but is there any other value in an accounting degree or other opportunities without going into accounting/finance? would going to acctg result in a pay cut(!)

i speak fluent jap n mandarin
Hi,
You are from which batch/year of BBus? I am also NTU Business Grad and todate has more than 10 years accounting/finance experience. Don't know how I managed to enter the accounting profession even though I am not BAcc grad, but it just happened. I also hold ACCA level II qualification, the old syllabus, pre-year 2001 which I passed in 1999. Since then I have been focusing on my career/work and stopped studying. My current pay is now is close to $4,700/month.
Yes, I definitely would continue with my ACCA now as I love accounting. Its time to get qualified.
Reply With Quote
  #20 (permalink)  
Old 13-02-2011, 03:50 PM
Unregistered
Guest
 
Posts: n/a
Default Advairs functors,

Hi, i am a NTU BAcc grad, have 8 yrs MNC working experience in finance, non-banking. My current pay is $6800 (not mgr). Anyone who knows whether this is at market or under market? I am also considering career switch due to boredom with the area, any advice? Tks!
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» 30 Recent Threads
DBS tech seed programme ( 1 2 3... Last Page)
882 Replies, 228,626 Views
Lawyer Salary ( 1 2 3... Last Page)
13,832 Replies, 4,652,249 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,730 Replies, 1,298,947 Views
ST Electronics ( 1 2 3... Last Page)
2,341 Replies, 579,343 Views
Compare civil service salary ( 1 2 3... Last Page)
12,657 Replies, 7,375,165 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
128 Replies, 37,034 Views
Citibank Singapore ( 1 2 3... Last Page)
141 Replies, 101,582 Views
If you can't find a company here... ( 1 2)
18 Replies, 1,790 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
333 Replies, 455,496 Views
Grab Finance Graduate Programme...
3 Replies, 159 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,093 Replies, 2,536,994 Views
Heineken APAC Graduate Programme ( 1 2 3... Last Page)
276 Replies, 135,428 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
740 Replies, 203,458 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,724 Replies, 4,368,059 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,849 Replies, 612,385 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,033 Replies, 528,375 Views
IMDA (under MCI) ( 1 2 3... Last Page)
121 Replies, 59,096 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
70 Replies, 37,094 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
250 Replies, 112,669 Views
DXC Technology
0 Replies, 55 Views
Y Ventures Group
0 Replies, 37 Views
Career as Teacher ( 1 2 3... Last Page)
4,022 Replies, 2,516,693 Views
Breaking the Letter Of Commitment... ( 1 2 3... Last Page)
33 Replies, 26,790 Views
Tax ( 1 2 3)
22 Replies, 9,069 Views
How is HTX Associate Programme... ( 1 2 3... Last Page)
31 Replies, 7,846 Views
UOB Management Associate Program ( 1 2 3... Last Page)
458 Replies, 279,359 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
487 Replies, 276,791 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,788 Replies, 1,421,949 Views
Process Engineer Salary
3 Replies, 5,245 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 10:13 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2