Welcome Bachelor of Business Administration (Honours) in Accountancy City University of Hong Kong Agenda 1. 2. 3. 4. Accountancy as a Profession Career Aspiration Desired Attributes Excellent supports for students’ activities 5. Accountancy Major - Selection criteria Accountancy as a Profession • • • Accountancy is regarded as one of the prime professionals in the Business and Financial Organizations On average accountants obtain the highest return and also excellent social status Accountancy professional achieves high job security and do not care about economic fluctuations nor age issue in business sectors Career Aspiration • • • • Professional Accounting Firms Commercial Organizations Government Departments (Civil Servant) Education and Training • Normally promoted to senior position in about 12 years PARTNER manager 2.5m – 8.0m+ 40k - 80K Senior 22k – 35K Juniors 12k Enterprise Risk Service Tax System Project Assurance Audit & Assurance Consultancy IT & Financial Services 5 Commercial Organizations • • • • • Junior / trainee accountants ($8,000 -) Management trainees ($12,000 - ) Financial planners ($10,000 - ) Investment bankers ($35,000 - ) Bank management trainees ($16,000 - ) Can be promoted to CFO, Director of Finance Or Board Director ($2.0M - ) Desired Attributes • • • • • • • • • Good personality and highly ethical High EQ and AQ Passionate and committed Energetic and hard working Excellent team member with good team spirits Inquisitive mind and sensitive Flexible and adaptive Strong business & broad based knowledge & sense Acute generic skills Excellent Teaching and Research Faculty •Publication from our research faculty can be found in top journals of accounting including – The Accounting Review – Journal of Accounting Research – Journal of Accounting and Economics – Contemporary Accounting Research – Review of Accounting Studies etc • Our teaching faculty is well known not only for the excellence of its teaching, but also its strong commercial and professional background Interaction between faculty and students is extensive through our diverse student activities Our Major - Course Structure • The course structure is meticulously designed and organized to incorporate the state-of-the-art curriculum to cope with the ever-changing modern business environment and challenges to accountants • The major allows students to structure the study plan flexibly to participate in a variety of learning activities such as internship and exchange without prolonging the completion of the major EXCELLENT SUPPORTS FOR STUDENTS’ ACTIVITIES Excellent supports are provided to our students: 1. 2. 3. 4. Accounting Scholars Programme Skill training workshops Double major study with National Taiwan University Big 4 clubs – organized by Big 4 and offer to our AC major students 5. Credit-bearing Local and Overseas Internships 6. Credit-bearing and non-credit bearing Study tours 7. Workshops for graduate recruitment ACCOUNTING SCHOLARS PROGRAMME (“ASP”) Senior professionals acting as professional mentors Systematic training on skills and business practices Supported student activities and functions Overseas study tour Organized spring and summer internship, local and overseas Firm based special project internship Supported open competition ASP Open Competition Open Competition Open Competition Open Competition Open Competition Overseas Exchange • In coordination with the College of Business, the Department organizes regular semester and year-long exchange programmes • Over 150 prestigious institutions around the world • Each year about 40% of year 2 students - took part in these experience-enriching programmes (including summer study tours and overseas work provided by the College) Big Four Student Clubs – – – – EY Academy Scheme Deloitte Club KPMG Elite Student Group PricewaterhouseCoopers Elite Group / LEAP Club – Excellent Training and Possible Direct Offer 19 Local and Overseas Internships • Each year around 50% of our year 2 Accountancy students undertook internship placements with prestigious employers • Opportunities in Hong Kong and Singapore including Big Four and other prominent international accounting firms Local and Overseas Internships • Pre-internship training will be provided to help students to maximize the benefits from the internships from Audit, Tax and related professional services experience Study Tours (2012/13) Credit-bearing tours •Taiwan Management Accounting Study Tour •Seoul Management Accounting Study Tour •Guangzhou Chinese Accounting Study Tour Study Tours (2012/3) Non-credit bearing study tour Singapore Pre-internship Study Tour Shanghai Exchange Study Tour Career Development Support • Workshops on career information, interview tips and application procedures • CV consultation • Mock aptitude tests Career Development Support in 2013/14 Part Initiatives Eligibility to join A Introductory Seminar on Big-4 Recruitments – I 1. Overview of Big-4 overall recruitment process AC graduating students B Introductory Seminar on Big-4 Recruitments – II AC graduating students 1. Tips on how to tailor-make good CV and application forms based on Big-4 requirements 2. General interview skills C Mock Aptitude Test 1. Timed written test Completion of Part A & B D Resume/CV Review and Individual Consulting Service 1. One-on-one consultation Completion of Part A, B & C E Mock Group Interview 1. Case workshops with hands-on and real life cases 2. Interactive small-group training 3. Feedback from training experts 1. Students shortlisted for group interview by Big-4 and/or second-tier Accounting firms AND 2. Completion of Part A, B, C & D F Mock One-on-One Interview 1. Mock interview by industry practitioners · Students completed A & B and were selected to join the pilot run OR · Students shortlisted for individual interview by Big-4 and/or second-tier Accounting firms AND · Completion of Part A, B, C & D Alumni Sharing • Mr. Eddie Wong Partner at PwC “The programme provided me a variety of training and knowledge which equip me for the challenge in the accounting profession.” Alumni Sharing • Mr. Tony Kwong Group Financial Controller at Valuetronics Holdings Limited “The comprehensive knowledge and the soft skills I learned from the programme help me build up my career in the highly competitive business environment.” Selection Criteria • Selection will be based on CGPA achieved in year 1 • Some students may be invited to attend an interview • As for allocation of streams, all of the students will be assigned to PA stream in the first place • For those who would like to choose PALS and PAISA have to apply for the respective streams and the allocation will be subject to the approval of the department BBA (Hons) Accountancy Excellent Academic and Support Team: Associate Head & Team Leader, Teaching and Learning Team – Professor Cheong Yi Deputy Team Leader, Teaching and Learning Team – Mr. David Yip Major Leader - Mr. Sunny WONG Internship Coordinators – Dr Raymond Wong and Ms. Yvonne Chan Student Activities Coordinators – Mr. David Yip and Ms. Mimi Lai Administrative Support Team – Mrs. Jenny Yan Academic enquiries: Mr. Sunny Wong (AC3 – 13 – 266) E-mail: actm@cityu.edu.hk Telephone: 3442-7855 Enjoy your study at AC College of Business City University! Thank you