chapter 1- 3

Correlation Study of Academic Records and Employment Status of LGMC Inc. Business and Accountancy Graduates 1

Chapter ITHE PROBLEM AND ITS BACKGROUND

Introduction

In the present time education is very much needed. In fact, the government

established a new curriculum which is base internationally, the K to 12 Basic Education

Curriculum. Because of modernization and high standard in education system the

above curriculum is now highly implemented in the Philippines. Through this curriculum

new techniques and grading system is currently implementing, lots of seminars were

offered to all public and private teacher for their implementation in the said curriculum.

In this new system, there are new academic excellences and achievements of

students will be recorded. In the learning process of students, academic performances

are analyze base on their participation, quizzes, projects, and periodical tests, the

teachers used different tools to determine the progress of his/her students. They

preferably use report cards for the presentation of students’ academic performance in a

whole year or semester, some students failed to pass but some are good and better.

This output process for students is always repeated during his/her education, starting

from Kindergarten, Grade School, High School and even College. According to Robert

Kiyosaki, "Our current educational system focuses on preparing today's youth to get

good jobs by developing scholastic skills rather than influencing them to become

entrepreneurs and thus generate more jobs.” It has an important factor that contributes

to the nation’s growth where they produce competent people who will help for the

solution of one of the country’s problems unemployment. Tertiary education gained from

universities and colleges especially has its paramount roles in developing the society,

and for training the future elite.

Do academic achievement (I.e. grades, course load, etc.) represent an accurate

reflection of your ability and potential? The value placed on good academic

performance has encouraged academics like school administrators, teachers,


researchers, and other stakeholders, such us students as well as their parents to focus

a great deal of attention on the identification of factors that influence academic

achievement., The Philippine Journal of Education, 2005.

There are many reasons for going to a universities or colleges including

naturally- a love of the subject to be studied and the opportunity to experience a

different way of life. Higher education is more than a production line for work ready

graduates. Many students want to have a stable job someday; they believe that, in order

to succeed in a career, you should create a good foundation. Academic records are a

statement of students’ hardship during his/her education. Before admitting in a

universities or colleges, these records are the first requirement to handle off.

In a traditional system of applying a certain job, some employers want good

academic records, while others want experiences or both, they also consider gender,

area of residence, school graduated, living with a partner, practical support, and the

receipt of adjustment training. (Evening Gazette- Middlesbrough, England, November

25, 2009).

Businesses offer a lot of opportunities aside from the fact that people can make a

fortune out of it. It gives people the chance to create jobs and thus help in the problem

on unemployment. It allows anyone to set goals and achieve them in his own pace. One

of the factors that determine the effectiveness of an academic institution is through the

employability of its graduates. The quality of graduates is very much a function of quality

instruction and facilities because these will help ensure that graduates are equipped

with the knowledge, skills and values that will enable them to work in their respective

field.

In the book Employment and Career Opportunities after Graduation by Arcelo

and Sanyal, the existence of a huge number of educated unemployed can lead to a

certain amount of political instability in a country, for they being among the educated

class and knowledgeable about the privileges society can offer, feel doubly deprived. In


this matter, the analysis of the unemployment situation in the Philippines shown that the

young graduates is still in the job-hunting stage.

Universities and colleges nowadays all over the country offer many courses for

students to serve as a training ground for them to enhance their skills, abilities and to

gain more knowledge about the degree that they are taking up. Many courses may suit

their specializations and skills as individuals so that they are able to become more

confident with the course they are enrolled in. One of these is Leon Guinto Memorial

College, which offers different courses; two of these are Bachelor of Science in

Accountancy and Bachelor of Science in Business Administration. This institution strives

for better future of its students, through enriching academic competencies in a higher

degree of students’ performance, and it elevates the dignity of a man produces creative

and productive graduates.

Background of the Study

Leon Guinto Memorial College Inc. was born 1971 out of merger of Atimonan

Academy and Quezon Memorial School and still it was located at 443 Mabini St.

Atimonan Quezon. These prestigious schools were headed by two educators: Atimonan

Academy under former Judge Mariano v. Eleazar and Quezon Memorial School under

the former Board Member Domingo P. Escasa. The school was named after the

illustrious person named Leon Guinto Sr. who was a former official of the province.

In the same year, the College Department started its service to the youth of

Atimonan. Initially, it offered Bachelor of Arts. Years after, Bachelor of Science in

Accountancy and Bachelor of Science in Business Administration were offered. (LGMC

Student Handbook, 2009 ed.)

Today, the said courses are expanding. Bachelor of Science in Business

Administration consists of different major, Marketing Management, Financial

Management, and Human Resource Development. In addition to this, Bachelor of


Elementary Education and Bachelor of Secondary Education major in Filipino, English,

Mathematics, and PEHM has also offered.

The College of Business and Accountancy of Leon Guinto Memorial College

comprises all the arts and technique in helping the business world. The students

become more productive, effective and creative in business strategy and accounting

knowledge application. Students attend various trainings, seminars, quiz bee and even

non academic contest outside the school with their respective student’s business and

accountancy association in the like of Junior Philippines Institute of Accountants (JPIA)

for accountancy students and Junior Business Executive (JBE) for business

administration students. There are other enhancing activities which are held and

actively participated in by the students in enhancing their minds in a broader business

and accounting horizon. Thus, the College of Business and Accountancy becomes the

dominating aspects of the work of all collegiate students with professional and technical

competencies.

Every Graduate has its own academic record; they also have their diploma and

certificate of college completion. Academic record is the compilations of grades, honor

received, and credentials during school days and it represents the overall academic

performance that has been performed. Graduates of Leon Guinto Memorial College are

the fruit of the institution; they serve as inspiration to other students who taking up the

same course today.

Statement of the Problem

This study aims to determine if there has relationship between academic records

and employment status of LGMC Business and Accountancy Graduates 2004-2014. It

seeks to answer the following questions:

1. What is the personal profile of 2004- 2014 LGMC Business and Accountancy

Graduates according to:


1.1 Residence

1.2 Sex

1.3 Civil status

1.4 Age

1.5 Course and Year graduated

1.6 Present occupation.

2. What are the qualifications of graduates in their entry to their job up to the

present in terms of:

2.1Physical Appearance

2.2 Transcript of records

2.3 Job Interview

2.4 Job Examination

2.5 Experience

2.6 Reference of other person

3. What is the present employment status of the graduates in terms of:

3.1Present employment position

3.2Present monthly salary or income

4. What are the academic subjects that the graduates took that are related to their

present jobs by category of:

4.1 Bachelor of Science and Accountancy

4.2 Bachelor of Science in Business Administration (Financial Management)

4.3 Bachelor of Science in Business Administration (Marketing Management)

5. What are the academic records of 2009- 2014 LGMC Business and Accountancy

Graduates in terms of;

5.1Academic Grades

5.2Honor and academic excellence received


6. Do academic grades have a relationship to employment status?

Significance of the Study

The researcher is conducting this study to know whether there is a relationship

between academic records and employment status of LGMC Business and

Accountancy Graduates 2004-2014, and this study is significant to the following:

College of Business and Accountancy Department –this study will help them

to determine the strengths and weaknesses of Business and Accountancy course

based on the responses of the graduates in terms of the relationship between academic

record and employment status. It will also help to determine what specific areas should

focus more and further enhance the academic performance in order to make the

program more responsive towards preparing the students for their future professions.

Business and Accountancy Students- this will help them realize whether the

knowledge and skills developed in the program would be useful to them in their future

careers. It will also encourage them to appreciate and pursue their course in a high level

of academic standard.

Graduates of Business and Accountancy- this will help them to have an

insights whether there is a relationship between their academic record and current

employment status.

Researcher- this study will teach him to value time, patience and hard work. He

will also become more sensitive and knowledgeable about the profession he is studying.

Future researchers- this will serve as a guide or reference in their future studies

on the subject matter. This will also help them to continue study in the future.

Addition to that, this study will also help to determine and assess the

effectiveness and the relevance of Business and Accountancy Curriculum, knowledge,

skills and work values acquired by the graduates to their employment; identify the


personal and professional characteristics and job placement of Business and

Accountancy graduates and the school related factors associated with their

employment.

Scope and Limitation

The scope of this study is the relationship of academic record and employment

status of LGMC business and accountancy graduates 2004-2014 which includes

different major course from Bachelor of Science and Business Administration; Marketing

and Financial Management, and from Bachelor of Science in Accountancy.

The researcher will get 100 respondents from business and accountancy

graduates, in the process, the researcher will give different questionnaire to them to

gather relevant information regarding their academic record and employment status.

Specifically this study will research the relationship between these variables: academic

record and employment status. This study also shows how academic records influence

the employment status of the graduates.

Conceptual Framework

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