EASYUNI Ultimate University Guide 2013 2014: Issue 2 | Page 22

CO U R S E S & C A REERS Bachelor of Accountancy Also known as Bachelor of Accounting, this degree is often the only undergraduate degree recognised for practice as a professional accountant. Career Options: Accountant, actuary, appraiser, auditor, credit manager, controller, cost accountant, economist, financial analyst, financial planner, insurance adjuster, investment banker, research analyst, tax accountant, and treasurer. Syllabus: Core subjects revolve around management accounting, financial accounting, auditing and taxation. Students also will discover business mathematics and management theories as well as undertake coursework in economics and business law. The syllabus for a degree in accounting is very specialised as it gears students towards professional practice. Duration: Four years on a full-time basis. Entry Requirements: As with most undergraduate degrees, the entry requirement for a degree in accountancy is a diploma, A-Levels, STPM or equivalent. What’s Your Route? If you are a high-school leaver and would like to kick-start your venture into the world of accounting and finance, there are three options: LCCI, CAT, or CIMA if you are particularly interested in management accounting. Those with A-Levels or an equivalent pre-university qualification can take the Bachelor of Accountancy route. If a certification is what you are looking for, you can start the Knowledge module of the ACCA’s Fundamental Level. This will lead you to the next step of the ACCA, which is the Fundamental Level’s Skill module and, subsequently, the Professional Level, which would earn you the title of a Chartered Accountant. Accountancy degree holders can proceed for the ACCA Professional Level after being exempted for the Fundamental level. Some students choose to undertake their degree after completing the Fundamental Level’s Skill module, before proceeding to the ACCA Professional Level. In a nutshell, all qualifications lead to being a Chartered Accountant. A Degree or a Professional Qualification? The career options for both degree and professional certificate holders are similar except that professional certificate holders have the advantage of being able to set up their own auditing firm. Professional certificate qualification, which is bestowed by Chartered Accountants institutes, can be said to be an attractive route in the accounting profession, given that it is a professional certification and that bachelor’s degree holders also pursue this qualification upon completing their degree. Graduates with qualifications from Chartered Accountants institutes such as ACCA, CFA, CIMA and LCCI are the preferred choice of employers as these graduates reduce the cost of training by having undergone a flexible and well-structured training path. These professional certificate graduates have also gained specialist knowledge in finance and accounting, obtaining valuable skills in organisational management and strategy, which boost their career prospects and employability. With this, the probability of these professional certificate graduates of moving up the organisation’s hierarchy is high, due to their expertise, well-trained background and industry-ready minds. While the career options are similar, it is not true that Chartered Accountants can only pursue a career in auditing and taxation. Just like degree holders, Chartered Accountants can also venture into banking, auditing, risk management, and corporate law. easyuni Guide 2014 Issue 2 19