I just had one student tell me that her parents want her to complete the ACCA P level before doing OBU.
Well that looks like good advice but does your parent know anything about the industry and how an accountant does their work?
Will you be asking you parent permission to go for an audit assignment in the future or do a tax job in an overseas stint?
Obviously not - because they have adequate knowledge about education up to your form 5 level.
Once you enter ACCA and started taking a professional qualification - it is like doing your medical degree.
All the students should then consider - how they are going to get where they want to be - a Chartered Certified Accountant.
My experience with ACCA P level students, is that, sometimes it takes longer than expected.
There are students that have taken on P level paper for 4 times and still not passed = 2 years of your life doing one paper.
This is a story of 3 of them - Mary, Amy and Linda
Mary did OBU degree as soon as it was available and got the degree, Amy and Linda said that they wanted to clear their professional and felt that doing OBU is a waste.
Mary got a job in Big 4 and started earning 2.8k, reaching assistant manager in 4 years time - earning 6k, while trying to do the last 2 papers. She was accepted because she had a degree.
Amy worked at small firm earning 1.8k for 4 years, hitting senior earning 2.3k, while trying to do last 2 papers
Linda listened to her parents and studied full time for 4 years - earning nothing.
All qualified the same time.
The one that worked in Big 4 got a job as an accountant in a listed company earning 10k per month, also got ACCA membership immediately.
The one that worked in small firm now got accepted into Big 4 as a junior earning 3k - getting ACCA membership immediately.
The one that did not get any experience working did not get a job for another 1 year. Later got a job in a mid-tier firm earning 3k
After another 5 years.....
The one that did OBU is a FD earning about 40k per month
The one that waited but worked a bit is an accountant for a large company earning RM10k per month
The one that worked in the mid tier firm is still there earning RM6k per month
Moral of the story. Sometime parents protect you too much, it will cost you later. Know what is important for you and go get it.
They are not skilled enough to know what is important for you after the age of 21.
You should be responsible for your decisions and not them.
Grow up and make the right decision - get your OBU earlier and go to work.
Practical experience helps in passing ACCA optional papers and this is one of the secrets that you should know.
Parents of ACCA students always think that putting too much pressure for their kids is bad - actually it is good since it creates character and allows them to be stronger when facing stressful situation. Parents should also talk to people who know the industry and not people outside the industry before giving advice to their kids.
You can still sign up for OBU one to one mentoring with Mr. Jay for Nov 2014 submission (same as the ones in the college)
Fee is RM2,200 - 2,700 per student. If you have studied with me before, you will get another discount of RM150 per paper studied.
Those with 68 marks and above - your fee is RM2,200
Those with 60 marks and above - your fee is RM2,500
Those with less than 60 marks - your fee is RM2,700
This is full mentoring, one to one, which is the same as the one offered at Sunway University College.
The difference is the price! Those that did the BRM can also consider since there is a saving of RM600 for those with 68 marks and above.
Call 017-8786074 for details.