Bachelor of Accounting (1 Viewer)

[3li]

This is a general overview of the Bachelor of Accounting course. I am a first year BAcc so if you have any questions, feel free to pm me or at least check the website: www.bacc.com.au



The University of Technology Sydney runs Australia’s most successful co-op course – the Bachelor of Accounting.


The UTS Bachelor of Accounting has the aim of producing potential business leaders of the future via an accounting career.
SPONSORS INVOLVED 34 of Australia’s largest and most prestigious employers, together contributing $1.5 million pa to this one small course alone. Why? Because BAcc graduates are the kind they badly need.
Compare our sponsor list to other co-op courses and cadetships; judge the UTS BAcc on the reputation of this sponsor list, which is unmatched by any course in Australia.
SCHOLARSHIPS Total value = $39,000 over 3 years; average of $13,000 per year tax-free for 2½ years, with a bonus $6,750 Recruitment Incentive for final-year students who are recruited by a sponsor organisation. This is more than enough to pay for all of your education
INTERNSHIPS One whole year (49 weeks) of full-time work, split into 2 separate semesters with 2 different sponsors. This is (ideally) structured training, with senior supervision, not just general duties.
CAREER PROSPECTS Extremely good. Sponsor companies set up the program in order to recruit the top-calibre graduates it produces. None of our graduates ever misses out on a good job. Accounting is the most commonly sought qualification by employers looking to groom future business managers, and accounting careers today encompass a wide range of challenging and interesting roles in running these businesses.
FRIENDSHIP & FRATERNITY Bachelor of Accounting students are not lost in the big crowd at Uni. They have their own classes, and study and socialise together.

 

[Vagabond]

"Compare our sponsor list to other co-op courses and cadetships; judge the UTS BAcc on the reputation of this sponsor list, which is unmatched by any course in Australia."

Compare our list to cadetships?

That doesn't even make sense.

lol.

G'luck

 

[Newbie]

is this an ad? or....?

 

[seremify007]

I think it sounds like a personalised advertisement... the 'none of our graduates ever misses out on a good job' is something way too dangerous to ever be published in an official advertisement.

 

[lilkiwicutie89]

This is a general overview of the Bachelor of Accounting course. I am a first year BAcc so if you have any questions, feel free to pm me or at least check the website: www.bacc.com.au



The University of Technology Sydney runs Australia’s most successful co-op course – the Bachelor of Accounting.


The UTS Bachelor of Accounting has the aim of producing potential business leaders of the future via an accounting career.
SPONSORS INVOLVED 34 of Australia’s largest and most prestigious employers, together contributing $1.5 million pa to this one small course alone. Why? Because BAcc graduates are the kind they badly need.
Compare our sponsor list to other co-op courses and cadetships; judge the UTS BAcc on the reputation of this sponsor list, which is unmatched by any course in Australia.
SCHOLARSHIPS Total value = $39,000 over 3 years; average of $13,000 per year tax-free for 2½ years, with a bonus $6,750 Recruitment Incentive for final-year students who are recruited by a sponsor organisation. This is more than enough to pay for all of your education
INTERNSHIPS One whole year (49 weeks) of full-time work, split into 2 separate semesters with 2 different sponsors. This is (ideally) structured training, with senior supervision, not just general duties.
CAREER PROSPECTS Extremely good. Sponsor companies set up the program in order to recruit the top-calibre graduates it produces. None of our graduates ever misses out on a good job. Accounting is the most commonly sought qualification by employers looking to groom future business managers, and accounting careers today encompass a wide range of challenging and interesting roles in running these businesses.
FRIENDSHIP & FRATERNITY Bachelor of Accounting students are not lost in the big crowd at Uni. They have their own classes, and study and socialise together.

awww... heheee.. u must know ray and chidu =]=] my buddies!

YEAH BACC is really cool HAHA>. wish i got into it!

 

[UWS-Uni-Student]

Is advertising now allowed on bored of studies?

Also whats with the link?

I looked up UTS's Accounting degree and this is the link

http://www.handbook.uts.edu.au/bus/ug/c10235.html
http://www.business.uts.edu.au/bofacc/

 

[mr_shittles]

The University of Technology Sydney runs Australia’s most successful co-op course – the Bachelor of Accounting.

What about the UNSW Accounting Co-op program?

 

[la.la]

UTS = Fail. That is all.

You suck.

UTS BAcc has more/better sponsors than UNSW.

 

[Newbie]

how do you judge the quality of a sponsor?


did UNSW get downgraded?
why is UNSW being compared to UTS?
thats rude

 

[3li]

As far as i know, Bacc has more sponsors than unsw co-op.

Yeah i know Ray, not Chidu =/

The correct link is www.bacc.com.au, if that's what you typed in.

 

[velox]

1st tier uni > 2nd tier polytechnic.

 

[3li]

I think it sounds like a personalised advertisement... the 'none of our graduates ever misses out on a good job' is something way too dangerous to ever be published in an official advertisement.

To clarify things: the Bacc program has a historical 100% employment rate. I think this is the 17th year of the program.

 

[Vagabond]

Of course there'd be a 100% employment rate.. as if any commerce graduate with work experience that can speak well enough to pass an interview can't get a job?



I'd be honestly worried otherwise!

No need to be mean I guess.. this is a commerce/business forum after all, but I'd say a thread advertising BAcc is more appropiate in the UTS forums?

Oh wait.. there's already a thread there...

 

[3li]

I just thought it'd be helpful as career info, since application forms will be out soon.
Yeah, the uts forum already has a thread but this is meant for the hsc class of 07. It's for those who don't browse the uts forum that may have an interest in this course.

 

[Vagabond]

True!

But if they were *really* enthusiastic surely they would have known about the course already.... ;-)

Even if it was a matter of seeing the N/A on the UAI cut-off list for BAcc in the textbook then googling it to see what it was!

 

[mr_shittles]

Here's something from the UTS forum to show why UTS is better than UNSW Co-op . .

ahahah I'm also number one.

To answer the Q about UNSW vs UTS coop,

this is going to come up everyone year.

I have friends who do UNSW co-op for accounting, finance, actuarial, BIT, BInfoSys
and they all seem to love it.

But looking at the two Co-Ops, UTS Co-Op has been around pretty much since the conception of UTS.

The course has quality relationships with various industries and produce quality graduates. UNSW is a very academically focused program. It is very strict about marks and results. There was a restructure of the people involved in selecting interviewees in my year (2005) and if your trial marks weren't at least giving you a UAI estimate of 97, it was very hard to get an interview.

In terms of sponsors, both programs have major multinationals, big 4 chartered firms and banking institutions. Every place will offer a different experience so its hard to differentiate the two programs purely on sponsors (except we have more)

Also if you went to an asian dominated selective school, going to UNSW to do commerce is like going to HS all over again XD.

And to quote a senior manager at a big 4 chartered firm describing a unsw coop intern student

"these co-ops are very smart, but they are as boring as bat sh1t"

Here are some simple facts . . .

1. UNSW Accounting Co-op program typically recruits more academically talented students than the UTS program. It is no secret that UNSW has a UAI cutoff of 96, well ahead of the 85 at which UTS sets its cutoff. The reason UNSW has such a relatively high cut off is to preserve the academic integrity of the UNSW Accounting Co-op degree.

2. Sponsor companies value UNSW Co-op program higher, paying UNSW Co-ops $60,000 compared to the $39,000 they are prepared to commit to the UTS BAcc program. Even when you take into account the work requirements of the two programs, UNSW Co-op pays $833 p.w. and UTS pays $795 p.w.

3. UTS BAcc Co-op prgram boasts of an average graduate starting salary of close to $50,000 (http://www.business.uts.edu.au/bofacc/benefits/prospect.html). UNSW Co-op grads don't wake up out of bed for that sort of money.

In the current year of graduates, the average graduate starting salary is around $80,000. I know that UTS BAcc uses the argument that they get to work an extra year compared to UNSW Co-ops. I'm sure even after allowing for an extra year of UTS income, its would still not match what UNSW Co-ops will earn.

4. UNSW's reputation in Commerce/ Business is second to none in the Asia Pacific region and the University consistently outranks its peers in Australia. For example, in 2006 UNSW's School of Accounting was ranked the leading School for Accounting research in the Asia Pacific region (http://www2.accounting.unsw.edu.au/...bleArea&maxWnd=_News_Archives_UNSWRankedFirst)

The thing about UNSW is that Co-op or no Co-op, you are still enjoying the priveledge of attending one of the most prestigious universities in the region. A top-tier university by any measure. This typically compares favourabily to somone who gets their degree from a glorified TAFE . . . and yes that polytechnic is nothing more than a glorified TAFE!

5. UNSW Co-ops gain an extra six months experience on their program, giving them a broader skill set and a better knowlegde of how businesses operate in a variety of industries. UNSW Co-op students rotate in various industries (financial services, FMCG, etc.) as well as in various types of organisations (chartered firms, government agencies, etc). This is why UNSW are so much more employable than other degree programs.

6. UNSW Co-op prgrams have a 100% enmployment rate, however that goes without saying. Even Commerce students at UNSW who complete a Commerce degree without the Co-op prgram have an employment rate of around 95%.

UTS BAcc emphasises its employment rate, given the fact that UTS Business graduates would otherwise not be so sought after.

Since some of you in BAcc will be on Industry Training right now, take the time out to ask them how easy it is to recruit BAccs compared to UNSW Co-ops. Supply and demand. One program is just in so much more demand than the other.

7. And to quote that senior manager at a big 4 chartered firm describing a unsw coop intern student "these co-ops are very smart, but they are as boring as bat sh1t" . . . I don't know what to say. I have never heard that one before, its a new one in the BAcc bag of tricks and I thought it was said in reference to a UTS BAcc . . . could somone confirm?

8. UNSW being an Asian dominated place. Yes it is. I don't deny that. UNSW recruits its students based on their academic merits, and if that means that there are plenty of Asians (and selective school Asians) then so be it. I have found the students at UNSW to be very intelligent and very fiendly in my three and a bit years there.

Over the holidays, I interned at an investment bank. In their entire investment banking team, there were only two "ethnic" people. But the place was great, the people were very intelligent and very friendly and I got on well with everybody.

So clearly its not whether you've got too many Asians, non-Asians, blacks whites, etc. that determines the quality of an institution or an organisation. That's not a very intelligent view of the world . . . but if that is something that affects your decision making, then by all means UTS welcomes you with open arms.

At least that's one thing they can claim to genuinely "beat" UNSW on!

 

[Newbie]

http://www.uts.edu.au/new/releases/2007/January/10.html

Usyd n UTS got it, why doesnt yours?

UNSW's business school, AGSM got it in 2002. It was the first in Australia to get it in fact.

 

[mr_shittles]

http://www.uts.edu.au/new/releases/2007/January/10.html

Usyd n UTS got it, why doesnt yours?

That is a very good point.

My understanding is that universities obtain that qualification in order to demonstrate that their business schools, and the flagship programs offered by those business schools - MBAs and Executive MBAs, meet minimum standards internationally.

AGSM, UNSW's graduate business school, sought and obtained the AACSB accreditation 5 years before UTS obtained it. Why did UTS only obtain the accreditation this year? I am not certain, maybe they see a need to make it more marketable.

Naturally, UNSW doesn't spend so much time and effort comparing its programs with other universities because it is widely known that the graduate school's MBA program is by far and away the #1 MBA program in Australia.

AGSM MBA graduates have an average salary level of US$115,693 and an average salary increase of 81 percent three years after graduation. (http://www2.agsm.edu.au/agsm/web.nsf/Content/News-MediaReleases-AGSMMBA)

 

[3li]

Haha this has become quite a heated argument. I didn't come here to compare and downgrade other courses/co-ops. In my opinion, each course has its pros and cons.
I'm here to tell people about the course because applications are out soon.

 

[seremify007]

Of course there'd be a 100% employment rate.. as if any commerce graduate with work experience that can speak well enough to pass an interview can't get a job?



I'd be honestly worried otherwise!

No need to be mean I guess.. this is a commerce/business forum after all, but I'd say a thread advertising BAcc is more appropiate in the UTS forums?

Oh wait.. there's already a thread there...

LOL that's a very good point.

It's kindof like saying that James Ruse produces brilliant kids, when really, to get into James Ruse in the first place, they had to be pretty good academically anyhow. To throw in some Accounting lingo, was there any "value-adding"?