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    University courses

    Scheduled Pinned Locked Moved Tertiary Education - A-Levels, Diplomas, Degrees
    209 Posts 24 Posters 20.1k Views 1 Watching
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    • Coolkidsrock2C Offline
      Coolkidsrock2
      last edited by

      Schootopia\" post_id=\"2134858\" time=\"1717785917\" user_id=\"143961:

      Heard that the churn rate for new accounting graduates at big 4 has been ~ 25%. Drop-out rate was high too.. Despite the nice branding, grade A office location etc. May be contributory factors of recent pay hikes..

      A lot of the rule-based repetitive tasks can easily be automated.

      But accounting is practical and useful knowledge in real life.

      Unfortunate that schools are not teaching basic accounting and personal finance.
      Even with the hike, it is not really attractive. Aware of resignation with job due to the hours.

      Agreed with you on the importance of accounting and personal finance. Also need to understand financial statements to invest.

      1 Reply Last reply Reply Quote 0
      • sharonkhooS Offline
        sharonkhoo
        last edited by

        Opinion piece by Lily Kong, President of SMU: Humanities and social sciences – everything, everywhere, all at once

        Often misconstrued as esoteric academic disciplines, the social sciences and humanities significantly impact our daily routines and life choices.
        https://www.straitstimes.com/opinion/humanities-and-social-sciences-everything-everywhere-all-at-once

        Non-subscribers may not be able to read this online. Get hold of a physical paper or ask someone for a PDF?

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        • zac's mumZ Offline
          zac's mum
          last edited by

          slmkhoo\" post_id=\"2134862\" time=\"1717805679\" user_id=\"28674:

          Opinion piece by Lily Kong, President of SMU: Humanities and social sciences – everything, everywhere, all at once
          Often misconstrued as esoteric academic disciplines, the social sciences and humanities significantly impact our daily routines and life choices.
          https://www.straitstimes.com/opinion/humanities-and-social-sciences-everything-everywhere-all-at-once

          Non-subscribers may not be able to read this online. Get hold of a physical paper or ask someone for a PDF?
          Thanks for sharing. I’ll go read in detail.

          Free pdf version is available via the NLB app (i prefer on HP cos handy; DH with laohua prefers on ipad), log into your NLB account, u can view it under “SPH newspapers”.

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          • 00skyblue000 Offline
            00skyblue00
            last edited by

            Schootopia\" post_id=\"2134858\" time=\"1717785917\" user_id=\"143961:

            Heard that the churn rate for new accounting graduates at big 4 has been ~ 25%. Drop-out rate was high too.. Despite the nice branding, grade A office location etc. May be contributory factors of recent pay hikes..

            A lot of the rule-based repetitive tasks can easily be automated.

            But accounting is practical and useful knowledge in real life.

            Unfortunate that schools are not teaching basic accounting and personal finance.
            Express schools have POA.

            1 Reply Last reply Reply Quote 0
            • bbbayB Offline
              bbbay
              last edited by

              On picking up accounting/personal finance knowledge, I think can read up on our own. I benefited alot from the book “Rich Dad poor dad”. Maybe my needs are not sophisticated. This book break down financial management into few fundamental concepts. Cash flow. What is asset and what is liability. Aim to put your cash into asset and avoid putting them into liability. Asset are things that generate more cash over time; liability is the opposite. And also there is “good debt” and “bad debt”- the former is ok but not the latter.

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              • 00skyblue000 Offline
                00skyblue00
                last edited by

                From Beatty sec sch to SAJC to valedictorian at prestigious United States Air Force Academy


                https://www.channelnewsasia.com/singapore/top-graduate-us-air-force-academy-singaporean-lieutenant-mindef-4394701

                He never did well in pri sch. His grades only improved in sec sch, after his bio mum passed away when he was in p6.

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                • 00skyblue000 Offline
                  00skyblue00
                  last edited by

                  bbbay\" post_id=\"2134866\" time=\"1717809661\" user_id=\"175278:

                  On picking up accounting/personal finance knowledge, I think can read up on our own. I benefited alot from the book “Rich Dad poor dad”. Maybe my needs are not sophisticated. This book break down financial management into few fundamental concepts. Cash flow. What is asset and what is liability. Aim to put your cash into asset and avoid putting them into liability. Asset are things that generate more cash over time; liability is the opposite. And also there is “good debt” and “bad debt”- the former is ok but not the latter.
                  Eg. In sg esp, cars are great liabilities.

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                  • bbbayB Offline
                    bbbay
                    last edited by

                    Coolkidsrock2\" post_id=\"2134856\" time=\"1717779121\" user_id=\"48901:

                    Both my kids worked part-time in retail too. Very tough with long hours. As the colleagues were generally more matured, the experience also gave them exposure to a more long-term perspective to their future.

                    Post these part-time stints, they are better able to take self-responsibility to work towards being the +++ candidate.
                    My son worked in HDL after O level. When J1 mid year holiday started, I asked him whether he going back to HDL to temp, he said “it’s not exactly an easy job”. He didn’t go back. Good exposure to them- reality of working life.

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                    • bbbayB Offline
                      bbbay
                      last edited by

                      00skyblue00\" post_id=\"2134869\" time=\"1717811960\" user_id=\"143605:

                      Eg. In sg esp, cars are great liabilities.
                      There are people who can position what is “liability” to others, into “asset”. Salespeople during job interviews, can turn their car ownership into a great asset in getting that sales job. Or use their car to do sideline, ride hailing/ delivery jobs. For the majority of car owners in spore, it’s really a liability. Maybe they have other bigger asset to cover…. 😀

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                      • lee_ylL Offline
                        lee_yl
                        last edited by

                        Schootopia\" post_id=\"2134858\" time=\"1717785917\" user_id=\"143961:

                        Heard that the churn rate for new accounting graduates at big 4 has been ~ 25%. Drop-out rate was high too.. Despite the nice branding, grade A office location etc. May be contributory factors of recent pay hikes..

                        A lot of the rule-based repetitive tasks can easily be automated.

                        But accounting is practical and useful knowledge in real life.

                        Unfortunate that schools are not teaching basic accounting and personal finance.
                        Strongly agree!!

                        One thought has been lingering in my mind like for 10yrs already, why schools don’t have basic accounting and personal financial courses for the kids. Should start as young as possible. Teach young kids about “needs and wants” and not to live beyond one’s means.

                        I learnt through my POSB bank booklets see number jump whenever I updated the booklet gave me great joy. It’s a pity everything is digital nowadays and the introduction of debit cards for kids is not good (perspective of a parent, not from commercial aspect though).

                        1 Reply Last reply Reply Quote 0

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