career talk

Presenter: Rizwan Khan

Arranged by: RMIT Accounting Club

Career, Education and lot more

Rizwan Khan

• Choosing a career• Jobs

– Big 4– Others

• Education– Professional– Academic

• Q&A

What we discuss today?

Rizwan Khan

• Ever asked these questions?

• What I want to do?• Why do I want to work?• Can I do the work I want to do?• What will I get if I do that?

• and many more similar to these…

Question you may have

Rizwan Khan

• Consider following ten commandments of career:

1. Choosing a career is simple2. A career counsellor (or anyone close to you) can tell

me what occupation to pick3. I can't make a living from my hobby4. I should choose a career from a "Best Careers" list5. Making a lot of money will make me happy6. Once I choose a career I'll be stuck in it forever

Cont’d…

Choosing a career

Rizwan Khan

• Ten commandments of career: (cont’d from previous slide)

7. If I change careers my skills will go to waste8. If my best friend (or sister, uncle, or neighbour) is

happy in a particular field, I will be too9. All I have to do is pick an occupation... Things will fall

into place after that10. There's very little I can do to learn about an occupation

without actually working in it

Choosing a career

Rizwan Khan

• Some ads

• PriceWaterhouseCoopers (www.pwc.com)– http://www.youtube.com/watch?v=wQ2h7CF41jg

• KPMG (www.kpmg.com)– http://www.youtube.com/watch?v=L7-0C5RFgSU

Working in Big 4

Rizwan Khan

• E&Y (www.ey.com)– http://www.youtube.com/watch?v=MyadQIhBQkw&feature=r

elated

• Deloitte (www.deloitte.com)– http://www.youtube.com/watch?v=3JLjPz2ZKp8

• That’s it?

Working in Big 4

Rizwan Khan

• Life does not stop if you cant join any Big 4.

• There are other options available.

• For example:

Smaller firms not falling in Big 4 category.

Think beyond Big 4

Rizwan Khan

• I will show you some videos. (may contain offensive language)

• Part 1– http://www.youtube.com/watch?v=F8Yry3ZXaB0

• Work Life Balance– http://www.youtube.com/watch?v=DPZwQoArvIo&feature

=related

• Auditor’s Life (song)– http://www.youtube.com/watch?v=sWUb-Ugdqkc&feature

=related

Working in Big 4

Rizwan Khan

• Motivation– Do you really want to be there?

• Education– Do you have the required qualifications they are looking for?

• Skills– Can you handle the tasks given to you?

What does it take to enter the profession?

Rizwan Khan

• Motivation (Do you really want to be there?)

• What do accounting firms do?

– Audit– Taxation services– Advisory– and many more other services

• Choose the most suitable area and start planning for your career.

What does it take to enter the profession?

Rizwan Khan

• Education and Skills

• Is you bachelors degree enough?• If yes, why should you go for professional qualifications?• If no, why should you go for bachelors degree?

• The answer is YES and NO.

• Your bachelors degree is just a starting point and NOT the end.

What does it take to enter the profession?

Rizwan Khan

• What professional qualifications are available to you in Vietnam? I group them according to specialties:

– Financial Accounting and Auditing– Cost and Management Accounting– Internal Auditing– Information System Auditing– Fraud Examination– Finance– Corporate Law

Professional Qualifications

Rizwan Khan

• So which qualifications you should choose:

• Consider the factors such as:

• Your capabilities and aptitude• Cost of education• Time it takes to complete

– Always consider the minimum time as an indicator only

Professional Qualifications

Rizwan Khan

• Financial Accounting and Auditing– CPA Australia (http://www.cpaaustralia.com.au)– ACCA from UK (www.accglobal.com)– VACPA from Vietnam (www.vacpa.org.vn)

• Cost and Management Accounting– CMA from USA (www.imanet.org)– CIMA from UK (www.cimaglobal.com)

Professional Qualifications

Rizwan Khan

• Internal Auditing– CIA from USA (www.theiia.org)

• Information Systems Auditing– CISA from USA (www.isaca.org)

• Fraud Examination– CFE from USA (www.acfe.com)

Professional Qualifications

Rizwan Khan

• Finance– CFA from USA (www.cfainstutite.org)– Diploma from ACCA

• Corporate Law– Chartered Secretary or Corporate Secretary

• What will happen once you finished these qualifications?

Professional Qualifications

Rizwan Khan

• So is there any other chance for us to join academia?

• Yes, join the academia. Go for a Masters degree and PhD if you have the desire and motivation.

• What difference you make in academia after your professional work experience?

• Better delivery of knowledge.

Academic Degrees

Rizwan Khan

• Job options:– Big 4– Other professional firms– Industry– Academia

• Education– Professional– Academic

Summary

THANK YOU!