Private University degree VS Local University degree?

[shinobi]

and then i will ask, what is the qualification for being a entrepreneur/trader?

and is it rational to commit yourself to studying 3 or 4 years of accounting mods when you dont even know if you want to be an accountant, giving yourself an option to wake up one day and suddenly discover a passion for accounting?

i don't believe in giving myself options, a plan b, or a provision to fail. i believe in commitment. but that's just me lah...

 

[AverRal]

and then i will ask, what is the qualification for being a entrepreneur/trader?

Zero Qualifications


What You Need:
1. Predict Market Demand for future goods
2. Supply the goods if there is the demand
3. Be prepared to take risks
4. Get out of the work for people mindset
5. Find out about your target market and advertise to get to them.

This is based on my experience of setting up a online shop online shop and a company.

My business studies does aid it a little but it real life application and theories are two very different things.

Network and interpersonal skills are crucial factors in being a good entrepreneur as compared to qualifications.

 

[pf]

When the economy is doing badly, all the companies going bust, etc...all the marketing, hr, business analysts are getting retrenched, the companies will retrench accountants the last because they need accountants to clear up the mess, prepare the last payroll and do the liquidation procedures.

If there is no plan B, all the best...be the first to look for a new job. But then, there might not be a new job.

Commitment? Ummm...see if it's commitment to your interests or commitment to put food on the table for the family.

But anyways, my suggestion is for people who DO NOT mind taking accounting and just hovering between accountancy and a general business degree. I know of some people who have phobia of numbers, doing presentations, writing long project reports. They would rather die than be accountants. Most of these people are engineers or in creative arts.

 

[gjtaylor]

ME TOO BRO gjtaylor! My course's full name is Chemical and Biomolecular Engineering, but its a little too long to say that, so i'd always just say Chem Eng. Anyway the biomolecular doesn't even occupy much of the curriculum!!!!! You're from NP too? Year what now?


And, i've heard of cases where private degree individuals get to high status too, like my current "temp" company, the Contracts and Procurement Manager was from RMIT, but yet he was capable enough to get to the Executive level in less than 2 years of joining the company.

Also, just to share, i've recently heard from a colleague from India. She's only 24 years old yet she already has Masters. A feat little Singaporeans can achieve, not because we suck, but because in India, their education style is shorter and sweeter (IMO).

They do 13 years of "Secondary + Primary" school, then they go straight to College (University). Afterwhich, she came to Singapore to get her Masters, and she's in an established company now. (Talking about Chem Eng here)

GRADUATED ALREADY LAH BRO !
NS in September.
How abt u ?

 

[rengaw]

Same here! hahah, NS is July. what's your name?!?! I think i must know you somehow.....................................You know Eddie? You from his lecture? or Gerard Chen? From his lecture?

 

[hifi_killer]

and then i will ask, what is the qualification for being a entrepreneur/trader?

and is it rational to commit yourself to studying 3 or 4 years of accounting mods when you dont even know if you want to be an accountant, giving yourself an option to wake up one day and suddenly discover a passion for accounting?

i don't believe in giving myself options, a plan b, or a provision to fail. i believe in commitment. but that's just me lah...

The future of the labour market looks bleak, and its difficult to predict.
There maybe a rather significant influx of 'foreign talents', jobs may get outsourced to India or China. The point is what is in demand today, might become a sun setting industry when you eventually join the workforce. Because it is so unpredictable, i think it is an unnecessary risk for anyone to dive head-first straight into their preferred profession - without an option for a lower paying govt job. This risk doubles when you don't even have a basic degree that is widely recognised.

The uncertainty in the labour market also mean that you should study for the sake of interest not for profession.Most of us have jobs that aren't even related to what we study. Nevertheless, the degree(relevant or not to the field)will make a difference when it comes to your starting salary and subsequent increments/promotions.

and pf, not all private companies operate in that manner. Chinese/Asian firms values loyalty and permanent staff rapport, they are less likely fire you in a bad economy as compared to a western firm.

 

[pf]

Those Chinese/Asian companies also do not invest in training staff as much as Western ones. Hence, I would not recommend anybody to work in Chinese/Asian companies for career development. They are often times family run, which means ill discipline in system/process implementation and corporate governance. In other words, more likely to go bust in general.

 

[saintlumpy]

just a question since its relevant to the topic , how does a SIM degree hold itself against private university degrees like deakin from TMC or PSB affliated universities , really hope to gather some wisdom and knowledge in this area cause i am in a cross road deciding between SIM or poly recognising that SIM holds a locally recognised degree although it would not be able to compare to a other degrees that the poly route might entitle such as a NTU/NUS/SMU or even the upcoming james cook university.

 

[gutturalpiss]

The entire non-government sector does not look at paper qualifications. Experience is #1, and skill is #2. I have never taught and I have never bothered about school. In fact, I have never let school interfere with education. Despite that fact, I was teaching for a while sometime ago, although not in the government sector and barely even of age to do so.

"The uncertainty in the labour market also mean that you should study for the sake of interest not for profession."

That is something I myself have harboured, and believe in. The ugly fact is, the Asian mentality is just the opposite. I don't know if any of you have ever read one of those surveys that appeared in the news, but it revealed the Singaporean Chinese mentality to be very typical of a society moved by money and money alone.

Tradition is a slow killer for the modern times, and basically, in the progress and growth of humankind. Tradition has the tendency of rejecting reform, which is a deadly cause for major downfalls in history. The typical Indian and Chinese have the pressure of this very tradition. If they don't at least get a Bachelors' with honours, they're considered blasphemous and treated as if they shouldn't have been born. The parents can easily be quoted:

"I don't know why Jason can't be like my neihbour's son!"

or

"We have always provided Ravi with the best. What did we do wrong?"

So if you're an unlucky (or lucky, depending on whom you converse with) to fall into such a paradigm, it's time to let go of tradition and be a rebel. Studying and working because you're forced to is not living. The majority of the working class are not happy people, they're in fact sad. Life is so monotonous that they don't realise the black and white nature of their lives. In Japanese history, rebellion to tradition is what brought Japan to be a superior first-world nation; the Meiji Restoration, or what I like to call, the Meiji "Revolution".

 

[pf]

Unfortunately, we're still in the Singapore asian society context. Although nowadays, people look beyond qualification, they still look at qualifications first before they look beyond. It is true that what one learn in school does not mean that one can apply in the work environment. In fact, the actual learning for practical applications starts when a person starts work. Hence, employers will look at qualifications to get a sense of the person's learning capabilities.

Just flip open the straits times recruit section. Most recruit ads would state the qualifications criteria first before going into the others. There is one exception though that I can think of...that is computer programmers. The first requirement could be knowledge of certain specific programming languages.

The entire non-government sector does not look at paper qualifications. Experience is #1, and skill is #2.

 

[gjtaylor]

Same here! hahah, NS is July. what's your name?!?! I think i must know you somehow.....................................You know Eddie? You from his lecture? or Gerard Chen? From his lecture?

yah, haha. same lecture as eddie. what's your name ? u .1 or .2 ?

 

[whoalolipop]

Hello!
I’m currently pursuing a private diploma in accountancy. After hearing a number of advices from some been-there-done-that seniors, local/ private university degree doesn’t matter as long as it leads to CPA.