University courses

[Imp75]

Not just low-level work but a total revamp of the entire processes. Imagine all the invoices and revenue are digital to the core, accounting and auditing get redefined as a digital transactional analysis problem and the role of accountants and auditors will need to be redefined if they still want a job

Of course this digital transition is still not complete but the writing is on the wall

Yes you are right. I am not in the auditing/accounting line but yes transactions are now mostly streamlined via the ERP systems. And that is also why I noticed the BAcc degrees also started incorporating data analytics as part of course requirements/major/minor electives. Eventually you still need accountants to do creative accounting la and auditors to sign off on companies accs lah except methods may be more advanced than before.

[doodbug]

The profession is evolving and there is still much value in a training in accountancy - many will move on to do highere level and more strategic type of work of which data analytics will be an important skill. There will be less transactional type of work left for humans to undertake like checks and verifications and. But financial management and planning, designing policies and systems, business analytics, simulations etc - all can be pretty exciting if you can be freed from some of the more mundane work.

[Imp75]

Back to BAcc versus Biz Admin degrees, can someone enlightened me why is the RP cutoff higher for BizAd rather than BAcc in all 3 uni? I am not sure if I am missing anything here?

[doodbug]

Back to BAcc versus Biz Admin degrees, can someone enlightened me why is the RP cutoff higher for BizAd rather than BAcc in all 3 uni? I am not sure if I am missing anything here?

Flexibility and broad-based exposure. Broader (non-specialised) degrees nowadays can see higher cut off points than professional degrees. Case in point is Biz Ad or Arts and Social Sciences / Sciences, as compared to say, many of the Engineering degrees.

[doodbug]

In many ways, Computer Science is also not a professional degree in the traditional sense of the word, but the cut off is super high. Yale-NUS College is a liberal arts college, and does not lead to professional degree - the entry requirements previously were pretty high too.

[Imp75]

In many ways, Computer Science is also not a professional degree in the traditional sense of the word, but the cut off is super high. Yale-NUS College is a liberal arts college, and does not lead to professional degree - the entry requirements previously were pretty high too.

Comp science is understandable due to the big data and future data-driven economy. Yale is due to the branding I suppose. BAcc versus Bizad..... I can't seem to reconcile......broad-based may not be a good thing either if there are no tangible skillsets after all.
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[zac's mum]

Back to BAcc versus Biz Admin degrees, can someone enlightened me why is the RP cutoff higher for BizAd rather than BAcc in all 3 uni? I am not sure if I am missing anything here?

Just my opinion (not backed by facts): I think Business-related courses remain highly popular among the youths because it is less boring/traditional? The case studies are more up-to-date & relatable.

But my dad (who used to teach Bizad) always advised us never to choose Bizad as our first degree. He encouraged us to choose Science-related courses if we could. His rationale: a Science graduate can always pick up Business skills later on, whereas it’s way tougher for a Business grad to switch career to Engineer/Scientist later on in life (if they wanted).

[doodbug]

There is an element of interest, and pragmatism when choosing university courses - it's not ncessarily so that pragmatism always trumps. Some business graduates do move on to management associate training programmes in banks, financial firms, management consultancies and MNCs.

[Imp75]

There is an element of interest, and pragmatism when choosing university courses - it's not ncessarily so that pragmatism always trumps. Some business graduates do move on to management associate training programmes in banks, financial firms, management consultancies and MNCs.

Agree. That's why for clueless kids, parents also don't know how to advise so hv to ask around to hear others opinions. I am more inclined to rec Bizad NUS given that we (banks/FIs) look on them very favourably and I don't want my kids to go thru the audit route.

[doodbug]

Yes, NUS BizAd Grads enjoy a very strong reputation among employers. They a re definitely not pigeon-holed into audit functions or what - many will go on to business development, marketing....and some of them, after the Business course, kind of realize they don't really like working in corporate - they move to the public service instead.

There is a very good programme at NUS, called the NUS Overseas Colleges Programme, for budding entrepreneurs or for those who are interested in startup, iinnovation and what not.