Welcome Bachelor of Business Administration in Accountancy City University of Hong Kong Agenda 1. 2. 3. 4. 5. Accountancy as a Profession Career Aspiration Desired Attributes Excellent supports for students’ activities 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 Joint Bachelor’s Programme in Accountancy with National Taiwan University (NTU) • First Join-Degree (BBA) Programme between Two WorldClass Universities • Four years of study: Students are awarded Bachelor degrees from BOTH CityU & NTU Career Aspiration • • • • • Professional Accounting Firms Commercial Organizations Management and Advisory Services Government Departments (Civil Servant) Education and Training • Normally promoted to senior position in about 9 years and partnership in about 12 years PARTNER manager Senior Juniors 2.5m – 8.0m+ 40k 80K 22k – 35K 13k Enterprise Risk Service Tax System Project Assurance Audit & Assurance Advisory IT & Financial Services 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 - ) Management & Advisory Services • Junior advisors / consultants • Analysts in Equity Fund Houses / Venture Capitalists • Functional Specialists (eg., AIS security analysts) • General management trainees 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. Accounting Scholars Programme 2. Skill training workshops 3. Double major study with National Taiwan University 4. 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 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 / 3 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 Local and Overseas Internships • Each year above 50% of our year 3 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 Credit-bearing tours • Europe DEC Study Tour • Guangzhou Accounting Study Tour • Shanghai Accounting Study Tour Study Tours 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 • Mock interview by alumni who are practicing managers Career Development Support Part A B C D E Initiatives Introductory Seminar on Big-4 Recruitments – I 1. Overview of Big-4 overall recruitment process Introductory Seminar on Big-4 Recruitments – II 1. Tips on how to tailor-make good CV and application forms based on Big-4 requirements 2. General interview skills Mock Aptitude Test 1. Timed written test Resume/CV Review and Individual Consulting Service 1. One-on-one consultation Mock Group Interview 1. Case workshops with hands-on and real life cases 2. Interactive small-group training 3. Feedback from training experts Eligibility to join AC graduating students AC graduating students Completion of Part A & B Completion of Part A, B & C • • • F Mock One-on-One Interview 1. Mock interview by industry practitioners • • Students shortlisted for group interview by Big-4 and/or second-tier Accounting firms AND Completion of Part A, B, C & D 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 that equipped me for the challenge in the accounting profession. Alumni Sharing Mr Tony Kwong Group Financial Controller Valuetronics Holdings Limited (a Singapore listed company) The comprehensive knowledge and the soft skills I learned in the programme helped build my career in the highly competitive business environment. Selection Criteria • Selection will be based on CGPA achieved in year 1 (excluding summer term) • Some students may be invited to attend an interview – a core component part • As for allocation of streams, all of the students will be assigned to PA stream in the first place • Students 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 & 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 Department of Accountancy College of Business City University! Thank you!